Advent-AWI Holdings Inc. ('Advent' or the 'Company') (TSXV: AWI) announces that due to ongoing concerns related to the spread of COVID-19, and in order to mitigate potential risks to the health and safety of its shareholders and communities, the Company has elected to postpone this year's annual general meeting of shareholders (the 'AGM') which originally would have been held this summer.

The Company has been granted an extension by the BC Registrar of Companies which allows the Company until March 26, 2021 to hold its next AGM. The Company will continue to monitor the pandemic situation and when it deems it safe to do so, the Company will set a date for its next AGM and will file a notice of meeting and record date on SEDAR (www.sedar.com).

Forward-looking information All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or to revise them to reflect the occurrence of future unanticipated events.

Contact:

Tel: 604 428-0028

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