Newport Beach, CA – June 8, 2023 - ELEVAI Labs Inc., a medical aesthetic biotechnology company specializing in physician-dispensed skincare, is pleased to announce its new international distributor agreement with Central Circle Company W.L.L in Kuwait. This strategic partnership marks ELEVAI Labs' expansion into the MENA (Middle Eastern North African) market, expanding the international reach of its exosome-based cosmetic skincare products.

Central Circle Company W.L.L has established itself as a prominent healthcare company in Kuwait, focusing on delivering high-quality medical equipment and solutions. This partnership will enable Central Circle Company W.L.L to distribute ELEVAI Labs' innovative exosome skincare products, which mimic the body’s natural healing responses and reduce the appearance of skin damage and extrinsic aging caused by exposure to daily aggressors like pollution and UVA/UVB.

“We, Central Circle Company W.L.L., are one of the leading and well-established healthcare companies operating in Kuwait Market; healthcare-focused since 1979," said Dr. Mohammad Al-Jafar, CEO of Central Circle Company W.L.L. “Since then, we have steadily grown our operations via longstanding commercial relationships and the development of strong new customer and partnerships with our value principal companies. To this effect, we are now happy to have partnered with the esteemed ELEVAI Labs, which am sure will indeed be a very fruitful and beneficial relationship for both our companies. Looking forward to our great collaboration!”

ELEVAI Labs is equally thrilled about the partnership and the opportunities it presents in the MENA region. “We are honored and are looking forward to a long lasting, mutually beneficial relationship with a reliable partner as Central Circle Company,” said Chris Kraneiss, representative of ELEVAI Labs. “This marks the first step towards expansion into the MENA (Middle Eastern North African) market with many more to follow. We believe that ELEVAI will be extremely successful in this market and look forward to this collaboration.”

About ELEVAI Labs:

ELEVAI Labs Inc. is a biotechnology company developing cutting-edge physician-dispensed skin care applications. The company solves unmet needs in the medical aesthetics space through a combination of cutting-edge science and next-generation consumer applications. ELEVAI Labs develops topical aesthetic skin care cosmetic products for the physician-dispensed market, with a focus on leveraging a proprietary stem cell exosome technology.

About Central Circle Company W.L.L:

Central Circle was first established in 1979 by Mr. Hisham Al Issa and his partners.

Central Circle was established to provide medical equipment and turnkey solutions. The Company has grown to become the second largest medical company in Kuwait in terms of revenue. In March 2014 the Company went through an exciting change when it was fully acquired by a new owner Dr. Ziad Y. Alalyan.

‍

Media Contact

Brenda Buechler

Chief Marketing Officer

contact@elevailabs.com

‍

Investor Contact

Tyler Troup

IR@elevailabs.com

‍