Meiwu Technology Company Limited Received Nasdaq Notification Letter Regarding Bid Price Deficit Page 1

Shenzhen, China, Sept. 11, 2024 (GLOBE NEWSWIRE) — Meiwu Technology Company Limited (“WNW” or the “Company”), (NASDAQ: WNW) today announced that on September 10, 2024, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) informing the Company that the minimum bid price per share for its common stock has been below $1.00 for a period of 30 consecutive business days and that the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2).

The notice received will not have an immediate effect on the listing of the Company’s common stock on Nasdaq. Under the Nasdaq Listing Rules, the Company has until March 10, 2025, to return to compliance. If at any time during that 180-day period the closing price of the Company’s common stock is at least $1 for at least 10 consecutive business days, Nasdaq will certify to the Company in writing that it has been in compliance.