Beyond Meat® Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

EL SEGUNDO, Calif., May 11, 2026 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company™ (the “Company”), announced today that on May 10, 2026, the Human Capital Management and Compensation Committee of the Company’s Board of Directors (the “Committee”) granted an option to purchase 237,718 shares of the Company’s common stock and 180,051 restricted stock units (“RSUs”) to Tony Kalajian under the Beyond Meat, Inc. 2026 Employment Inducement Equity Incentive Plan (the “2026 Inducement Plan”) in connection with Mr. Kalajian's hiring and appointment as Chief Accounting Officer. In addition, the Committee granted 150,043 RSUs to one (1) new non-executive employee under the 2026 Inducement Plan. The awards were granted as inducements material to Mr. Kalajian and the non-executive employee entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).