CERES GLOBAL AG CORP. REPORTS RECORD RESULTS THROUGH THREE

QUARTERS AND ANNOUNCES MANAGEMENT CHANGES

Ceres‐developed executive, Blake Amundson, to replace Jay Bierley as Vice President & CFO,
and Corporation welcomes HR veteran, Holly Dammer, as Vice President, Human Resources
Minneapolis, MN, May 11, 2022 – Ceres Global Ag Corp. (TSX: CRP) (“Ceres” or the “Corporation”) today
announced its financial and operating results for the quarter ended March 31, 2022. All amounts are in
U.S. currency unless otherwise noted. Ceres also announced the following personnel changes: Holly
Dammer joined the Corporation as Vice President, Human Resources, effective April 18, 2022; Jay Bierley,
Vice President& Chief Financial Officer, resigned from Ceres, effective May 31, 2022; and Blake Amundson
was promoted from Finance Director to Vice President & Chief Financial Officer, effective May 31, 2022.

PRESS RELEASE