PAINE SCHWARTZ PARTNERS ANNOUNCES INTENTION TO CONDUCT OPEN-MARKET PURCHASES OF SUJA LIFE SHARES

Paine Schwartz Partners, LLC, together with its affiliated investment funds and entities (collectively, "PSP"), today announced its intention to purchase shares of Class A common stock ("Common Stock") of Suja Life, Inc. (Nasdaq: SUJA) ("Suja Life") in open-market transactions. PSP has been an investor in Suja Life since August 2021 and did not sell any shares in connection with Suja Life's initial public offering. Based solely on information publicly disclosed by Suja Life, PSP believes the current trading price of Suja Life's Common Stock presents a company-specific investment opportunity for PSP. "We believe Suja Life is a strong business with a leading portfolio of plant-based, better-for-you beverages that consumers love, and with long-term potential. Our view of Suja Life's strategy and underlying fundamentals has not changed," said Kevin Schwartz, Chief Executive Officer and Managing Partner of Paine Schwartz Partners. Purchases by PSP, if any, would be made in the open market, subject to applicable securities laws. The timing, size and amount of any purchases would be determined by PSP in its discretion based on market conditions, the trading price of Suja Life's Common Stock and other factors PSP considers relevant. PSP undertakes no obligation to purchase any specific amount of Common Stock, and there can be no assurance that PSP will purchase any shares of Common Stock at all. PSP reserves the right to delay, suspend or discontinue purchases at any time without further announcement. About Paine Schwartz Partners Paine Schwartz Partners is the largest private equity firm dedicated to sustainable food chain investing, with ~$6.5 billion of AUM and over 20 years of experience. The firm invests across specific segments of the food and agribusiness value chain, with a focus on two core investment themes: productivity and sustainability and health and wellness. Through its proactive, thesis-driven approach, the firm targets value-added and differentiated companies and makes primarily control buyout investments, with a smaller allocation to growth companies. For further information, please see www.paineschwartz.com.