STATEMENT REGARDING RECENT ANNOUNCEMENT BY WALMART ON NEW TOBACCO POLICIES

From Kevin Burns, JUUL Labs Chief Executive Officer

JUUL Labs commends Walmart for taking the responsible step to raise the age to purchase tobacco products, including vapor products, from 18 to 21. We strongly support Tobacco 21 policies, as they fight one of the largest contributors to youth usage – social sourcing through legal-age peers. We are committed to preventing underage access to our products and that is why in November 2018, we implemented a comprehensive action plan including stopping the sale of non-tobacco/non-menthol-based JUULpods to traditional retail stores. Industry and retail need to work with regulators to combat youth use and preserve the opportunity for adults to switch from combustible cigarettes, the number one cause of preventable death in the world.