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RYU Apparel Inc. Capital/Financing Update 2020

Apr 15, 2020

47270_rns_2020-04-14_5e0bb714-e379-49bc-9cd6-9ce8f7dbb141.pdf

Capital/Financing Update

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

RYU Apparel Announces Grant of Stock Options

Vancouver, BC – April 14, 2020 – /CNW/ ‐ RYU Apparel Inc. (TSXV: RYU, OTCQB: RYPPF) (“RYU” or the “Company”), creator of urban athletic apparel, has granted 51,950,000 stock options to: two employees, one officer, two directors and nine consultants (collectively, the “Optionees”), pursuant to its Stock Option Plan, at an exercise price of $0.05 per common share. Each stock option granted to the Optionees is exercisable for a period of five years. The stock options vest immediately.

For regular updates on RYU Apparel visit: http://ryu.com

About RYU

Respect Your Universe is an award winning urban athletic apparel and accessories brand engineered for fitness, performance and lifestyle. Designed without compromise for fit, comfort, and durability, RYU exists to facilitate human performance. For more information, visit: http://ryu.com

On Behalf of the Board

RYU APPAREL INC.

Marcello Leone” Marcello Leone, Executive Chairman Tel: 604‐235‐2880

Investor Relations

Contact: Anna Brazier Investor Relations

1‐844‐535‐2880 [email protected] www.ryu.com

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.