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Waterloo, Ontario – TheNewswire- December 15, 2021: SponsorsOne Inc., (CSE:SPO) (CNSX:SPO.CN) (Frankfurt:5SO), (OTC:SPONF) a company that utilizes its proprietaryplatform that combines digital marketing, wholesale and retaildistribution, branding, and operational & funding capital, givingit a competitive first-mover advantage in rapidly growing itsproprietary brands focused in the Alcohol, Functional Beverage, andHemp Sectors announces an update on its non-brokered private placementand debt settlements.  SPO has issued 155,802,116 common shares at aprice of $0.01 per common share as debt settlements to arm’s lengthparties, thereby reducing accounts payable by $1,558,021.

About SponsorsOne

SponsorsOne is the leader in the next evolution ofbrand creation and digital marketing through influencer marketing,storytelling, and digital-commerce with the SponsorCoin platform andits highly scalable – smart contract-based digital currency. Combined, this allows the brands to build and manage exclusive andhighly engaged communities of influencers (from pro tomicro-influencers) within the social realm. The SponsorCoin platformprovides data-driven marketing campaigns that will change the waybrands connect with their customers.  SponsorCoin is a tool forbrands to inspire real movements around their products and services.Their most valuable customers become their best salespeople, producingfar higher ROI than current social media advertising methods.SponsorsOne, through its wholly owned subsidiary, SponsorsOne MediaInc., provides full creative and Brand building/management services toall our Brands and manages the influencer communities for each Brand. For making the Brand big, our wholly owned subsidiary S1 BrandsInc., builds wholesale/retail distribution channels for the Brand,acting as a master distributor.  S1 Brands provides sales andmarketing on behalf of the Brand to its vast network of nationalwholesalers and retailers and provides purchase order financing toassist the Brand in fulfilling every order.  Premier BeverageConsortium LLC, is a wholly-owned subsidiary and is brand building forthe global spirits market with its flagship "Ready to Drink"product called Doc Wylder's.  HS Brands Inc. is a wholly-ownedsubsidiary and is brand building for the global Hemp Smokes marketwith the launch of multiple premium products such as Primero HempSmokes and Suede Hemp Smokes.  Ownership of the Brand combined withdistribution, digital marketing innovation, and capital is the winningformula to build the next billion-dollar Brand. To learn more, pleasevisit www.sponsorsone.com

Contact: info@sponsorsone.com

ON BEHALF OF THE BOARD

Gary Bartholomew, Executive Chairman

To learn more, please visit www.sponsorsone.com

The Canadian Securities Exchange ("CSE") has neitherapproved nor disapproved the contents of this Press Release.

Forward-Looking Statements

This news release contains forward-looking statementsand information that are based on the beliefs of management andreflect the Company's current expectations. When used in this newsrelease, the words "estimate", "project","belief", "anticipate", “intend","expect", "plan", "predict","may" or "should" and the negative of these wordsor such variations thereon or comparable terminology, are intended toidentify forward-looking statements and information. Such statementsand information reflect the current view of the Company with respectto risks and uncertainties that may cause actual results to differmaterially from those contemplated in those forward-looking statementsand information.

By their nature, forward-looking statements involveknown and unknown risks, uncertainties and other factors which maycause actual results, performance or achievements, or other futureevents, to be materially different from any future results,performance or achievements expressed or implied by such forward-looking statements. Such factors include, amongothers, the following risks:

• risks associated with marketing and sale ofsecurities

• the need for additional financing requirements andaccess to capital, reliance on key personnel

• the potential for conflicts of interest among certainofficers or directors with certain other projects

• the volatility of the volume and price of the CommonShares, the failure of the business strategy, the integrity of theCompany's patents and proprietary intellectual property andcompetition.

The Company cautions that the foregoing list of riskfactors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflectthe actual outcome of such items or factors. When relying on theCompany's forward-looking statements and information to makedecisions, investors and others should carefully consider theforegoing factors, and other uncertainties and potential events,including the risk factors, set out in the Company's ListingStatement. The Company has assumed a certain progression, which maynot be realized. It has also assumed that the material factorsreferred to above will not cause such forward-looking statements andinformation to differ materially from actual results or events.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWSRELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OFTHIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECTTO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCEON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THISINFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, ITDOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIMEEXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIESLEGISLATION.

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