30, 2021, each of which have been filed on SEDAR and EDGAR and can be accessed at www.sedar.com and www.sec.gov/edgar, respectively. Any Forward-looking Statement included in this press release
is made as of the date of this press release and, except as required by law, Cronos Group disclaims any obligation to update or revise any Forward-looking Statement. Readers are cautioned not to put undue reliance on any Forward-looking Statement.
ADDITIONAL LEGAL INFORMATION
Forward-Looking
Statements Legend of Ginkgo and SRNG
This press release also contains certain forward-looking statements within the meaning of the U.S. federal
securities laws with respect to the proposed Transaction between Ginkgo and Soaring Eagle Acquisition Corp. (SRNG), including statements regarding the benefits of the Transaction, the anticipated timing of the Transaction, the services
offered by Ginkgo and the markets in which it operates, and Ginkgos projected future results. These forward-looking statements generally are identified by the words believe, project, expect,
anticipate, estimate, intend, strategy, future, potential, opportunity, plan, may, should, will, would,
will be, will continue, will likely result, and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and
assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the risk that
the Transaction may not be completed in a timely manner or at all, which may adversely affect the price of SRNGs securities, (ii) the risk that the Transaction may not be completed by SRNGs business combination deadline and the
potential failure to obtain an extension of the business combination deadline if sought by SRNG, (iii) the failure to satisfy the conditions to the consummation of the Transaction, including the adoption of the agreement and plan of merger by
the shareholders of SRNG and Ginkgo, the satisfaction of the minimum trust account amount following redemptions by SRNGs public shareholders and the receipt of certain governmental and regulatory approvals, (iv) the lack of a third party
valuation in determining whether or not to pursue the proposed Transaction, (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the agreement and plan of merger, (vi) the effect of the
announcement or pendency of the Transaction on Ginkgo business relationships, performance, and business generally, (vii) risks that the proposed Transaction disrupts current plans of Ginkgo and potential difficulties in Ginkgo employee
retention as a result of the proposed Transaction, (viii) the outcome of any legal proceedings that may be instituted against Ginkgo or against SRNG related to the agreement and plan of merger or the proposed Transaction, (ix) the ability
to maintain the listing of SRNGs securities on Nasdaq, (x) volatility in the price of SRNGs securities due to a variety of factors, including changes in the competitive and highly regulated industries in which Ginkgo plans to
operate, variations in performance across competitors, changes in laws and regulations affecting Ginkgos business and changes in the combined capital structure, (xi) the ability to implement business plans, forecasts,