NEWS RELEASE
Leadership Strengthened as Soft N Dry Expands European Advisory Team to Navigate New High-Growth Market Share Potential
TORONTO, CANADA & FRANKFURT AM MAIN, GERMANY / November 25, 2024 – Soft N Dry Diapers Corp.™ ("Soft N Dry" or "SDC"), a global leader in tree-free disposable diaper technology, is pleased to announce the appointment of Dr. Tanja Hacker to its Board of Advisors. With extensive experience in retail strategy and sustainability throughout Europe, Dr. Hacker brings unparalleled expertise in driving growth through retail private label innovation, supply chain optimization and sustainability.
Dr. Hacker is the Founder and CEO of Retail Experts Group (www.retail-experts-group.com), a consultancy specializing in retail strategy, category management, and private label growth. Throughout her career, she held senior positions at renowned retailers, including Vice President at Lidl and Managing Director at Aldi Nord.
In these roles, she was instrumental in scaling private label programs and driving profitability in the highly competitive discount retail sector. Her expertise in consumer insights, operational efficiency, and sustainability will play a key role in guiding Soft N Dry’s Retail Consumer Connection Program throughout Europe with private label TreeFree Diaper™ powered by econoLiite Core™.
For media use: Soft N Dry private/white label TreeFree Diaper™ with econoLiite Core™
"We are delighted to welcome Dr. Hacker to our Board of Advisors," said Matthew Keddy, CEO of Soft N Dry. "Her vast experience in working with market share leading hard discount retailers and her proven track record in private label growth will be a tremendous asset to Soft N Dry in Europe. Dr. Hacker’s unique insights will help Soft N Dry align our innovative TreeFree Diaper™ product line, including the newly launched econoLiite Core™ to meet the growing needs of retail partners in Europe."
In addition to her retail expertise, Dr. Hacker is a recognized advocate for sustainable business practices. Her commitment to environmental stewardship aligns seamlessly with Soft N Dry’s mission to lead the market with products that are both high-performing and environmentally responsible. Dr. Hacker’s guidance will be critical as Soft N Dry continues its expansion in Europe and the UK, ensuring compliance with the European Union Deforestation-Free Regulation (EUDR) while delivering affordable, sustainable solutions to consumers.
Soft N Dry’s Strategic Focus on Retail and Sustainability
Dr. Hacker’s appointment reinforces Soft N Dry’s strategic focus on driving value for its Retail Consumer Connection Program partners. With the discount retail sector experiencing unprecedented growth, the company is poised to capture market share by providing EUDR-compliant, cost-effective diaper solutions for private label brands in coordination with OEM diaper manufacturers at scale.
Retail Consumer Connection Program: Benefits for Hard Discount Retailers
Soft N Dry’s Connection Program is designed to help hard discount retailers seamlessly introduce sustainable private label products, like the TreeFree Diaper™ powered by econoLiite Core™, into their assortments. Dr. Hacker’s deep understanding of the discount retail landscape will enhance the program’s effectiveness. Key benefits for retailers include:
"I’m pleased to join Soft N Dry’s Board of Advisors at such a transformative time," said Dr. Hacker. "Soft N Dry is redefining sustainability in the disposable baby diaper industry, and I’m eager to leverage my experience to help the company, its OEM and discount retail partners succeed in the rapidly evolving marketplace."
About Soft N Dry Diapers Corp.
Soft N Dry Diapers Corp. ("Soft N Dry" or "SDC") is a Canadian company specializing in tree-free, advanced materials for the $85.2 billion global disposable baby diaper market. Utilizing its proprietary ecoLiite Core™ and econoLiite Core™ technologies, Soft N Dry delivers superior product performance and sustainability to commercial (OEM) diaper manufacturing and retail customers across Europe, the UK, North America, and Latin America. The company is leading the new TreeFree Diaper™ category by outperforming traditional tree-pulp-based materials.
For more information, visit us at www.softndrycorp.com.
Contact Information:
o Soft N Dry Diapers Corp. - 40 King St W, 42nd Floor Toronto, Ontario, Canada M5H 3Y2 – Tel. + 1 800 310 4614 for Media and + 1 800 265 0643 for Investor Relations in North America – press@softndrycorp.com
Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, including the terms and conditions of the Proposed Transaction and future developments and the business and operations of the "Resulting Issuer" after the Proposed Transaction are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Corporation and the opinions and estimates of management as of the date of this press release, including that the terms and conditions of the Proposed Transaction will be as anticipated by management and future developments and the business and operations of the "Resulting Issuer" after the Proposed Transaction will be as anticipated by management. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, that the terms and conditions of the Proposed Transaction will not be as anticipated by management or will not close at all; the terms and conditions of the Proposed Financing will not be as anticipated by management or will not close at all; and future developments and the business and operations of the "Resulting Issuer" after the Proposed Transaction will not be as anticipated by management. Although management of the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Corporation does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
SOURCE: Soft N Dry Diapers Corp.
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GERMANY OFFICE
TAUNUSANLAGE 8
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INT'L UK TEL: + 44 20 8089 1673
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Latin America
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INSURGENTES 108,
PUERTO VALLARTA,
MÉXICO 48380
CONNECTION PROGRAM CONTACT
Tel: + 52 55 4169 6227