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DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS

The press releases, financial reports, filings with the Securities and Exchange Commission, presentations and other information provided on this Website may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that are not statements of historical fact, including those that relate to matters such as our industry, business strategy, goals and expectations concerning the company’s market position, future operations, margins, profitability, capital expenditures, liquidity and capital resources and other financial and operating information, are forward-looking statements. We may use the words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future” and similar terms and phrases to identify forward-looking statements.

All forward-looking statements are based on the currently available information as of the date of such statements and are subject to risks and uncertainties that may cause actual results to differ materially from those described in the forward-looking statements. Natural Grocers cautions readers not to place reliance on such statements. Natural Grocers undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.