Both Leading Independent Proxy Advisors Recommend Aterian Stockholders Vote for the Asset Sale

• Glass Lewis cites st uctu ed st ategic eview
• ISS cites sou d t a sactio atio ale, a competitive sale p ocess, a d pote tial dow side isks of o -app oval i e do si g the p oposal.

SUMMIT, N.J., July 08, 2026 (GLOBE NEWSWIRE) — Ate ia , I c. (NASDAQ: ATER) (“Ate ia ” o the “Compa y”) today a ou ced that both leadi g i depe de t p oxy adviso y fi ms Glass, Lewis & Co. (“Glass Lewis”) a d I stitutio al Sha eholde Se vices I c. (“ISS”) have issued epo ts ecomme di g that Ate ia stockholde s vote “FOR” the key p oposals at the upcomi g Special Meeti g of Stockholde s scheduled fo July 10, 2026. The key p oposals elate to the pe di g sale of substa tially all of the assets of the Compa y’s ma quee b a d po tfolios to T adema k Global, LLC (the “Asset Sale”) a d the issua ce of sha es of the Compa y’s commo stock, pa value $0.0001 pe sha e, to David Laza upo co ve sio of the Compa y’s Se ies AA Co ve tible No -Redeemable P efe ed Stock a d Se ies AAA Co ve tible No -Redeemable P efe ed Stock (the “I vestme t T a sactio ”).

“We eed stockholde s to act today. Eve y vote cou ts a d you vote is c itical to app ovi g these t a sactio s. ISS’s a d Glass Lewis’ epo ts a e a othe st o g positive i dicatio of the value bei g delive ed back to stockholde s. If you have ot yet voted, please do so today,” stated A tu o Rod iguez, Chief Executive Office of Ate ia .

I ecomme di g that stockholde s vote FOR the Asset Sale, Glass Lewis highlighted the followi g facto s i cludi g the Sha eholde P emium, the Asset Sale’s St ategic P ocess a d St ategic Alte atives available th ough the I vestme t T a sactio . I ecomme di g that stockholde s vote FOR the Asset Sale, ISS highlighted the followi g co e facto s a ou d the Asset Sale i cludi g Sou d Ratio ale & Competitive P ocess, Liquidity a d Stockholde P emium, a d Dow side Risk of No -App oval.

HOW TO VOTE

Stockholde s a e e cou aged to vote immediately usi g a y of the followi g methods:

• By Pho e: Call Lau el Hill Adviso y G oup toll-f ee at 888.742.1305 to cast you vote ve bally. No cost to you.
• O li e: www.p oxyvote.com o the i st uctio s p ovided to you o you p oxy ca d to vote via the i te et.
• Need you co t ol umbe ? If you have misplaced you p oxy ca d o ca ot locate you co t ol umbe , please co tact you b oke di ectly fo assista ce.

Stockholde s who have questio s about the p oposals o eed assista ce casti g thei vote should co tact:

Lau el Hill Adviso y G oupAtt : Joh J. DePi to J .Toll-F ee: 888.742.1305

Di ect/I te atio al: 516.933.3100

Email: ATER@lau elhill.com

Pa ticipa ts i the Solicitatio Ate ia a d its di ecto s a d executive office s may be deemed “pa ticipa ts” i a y solicitatio of p oxies f om Ate ia ’s stockholde s with espect to the Asset Sale a d the I vestme t T a sactio . I fo matio ega di g the ide tity of Ate ia ’s di ecto s a d executive office s, a d thei di ect a d i di ect i te ests, by secu ity holdi gs o othe wise, i the Compa y’s secu ities is co tai ed i the Compa y’s A ual Repo t o Fo m 10-K fo the fiscal yea e ded Decembe 31, 2025, filed with the SEC o Ma ch 23, 2026. I fo matio ega di g subseque t cha ges to the holdi gs of Ate ia ’s secu ities by Ate ia ’s di ecto s a d executive office s ca be fou d i fili gs o Fo ms 3, 4, a d 5, which a e available o the SEC’s website at www.sec.gov. Additio al i fo matio ega di g the ide tity of pote tial pa ticipa ts, a d thei di ect o i di ect i te ests, by secu ity holdi gs o othe wise, is set fo th i the defi itive p oxy stateme t elati g to the Asset Sale a d the I vestme t T a sactio , filed with the SEC o Ju e 9, 2026, as such p oxy stateme t may be suppleme ted f om time to time. The p oxy stateme t, as well as Ate ia ’s othe public fili gs with the SEC, may be obtai ed without cha ge o the SEC’s website at www.sec.gov a d o the i vesto elatio s sectio of the Compa y’s website at www.ate ia .io.

About Ate ia , I c.Ate ia , I c. (Nasdaq: ATER) is a co sume p oducts compa y that builds a d acqui es leadi g e-comme ce b a ds ac oss multiple catego ies, i cludi g home a d kitche applia ces, health a d well ess, a d ai quality devices. The Compa y sells ac oss the wo ld’s la gest o li e ma ketplaces, i cludi g Amazo , Walma t, a d Ta get as well as its ow di ect-to-co sume websites. Ate ia ’s b a ds i clude Muelle Livi g, Pu Steam, hOmeLabs, Squatty Potty, Heali g Solutio s, a d Photo Pape Di ect. To lea mo e, visit www.ate ia .io.

Fo wa d-Looki g Stateme tsAll stateme ts othe tha stateme ts of histo ical facts i cluded i this commu icatio that add ess activities, eve ts o developme ts that we expect, believe o a ticipate will o may occu i the futu e a e fo wa d-looki g stateme ts. Examples of these fo wa d-looki g stateme ts i clude stateme ts co ce i g the p oposed Asset Sale, the I vestme t T a sactio , the t a sactio s co templated the eby, the timi g of completi g the p oposed t a sactio s, the pote tial be efits of the p oposed t a sactio s a d the decla atio a d timi g of a y pote tial divide d o dist ibutio of CVRs. These fo wa d-looki g stateme ts a e based o ma ageme t’s cu e t expectatio s a d beliefs a d a e subject to a umbe of isks a d u ce tai ties a d othe facto s, all of which a e difficult to p edict a d ma y of which a e beyo d ou co t ol a d could cause actual esults to diffe mate ially a d adve sely f om those desc ibed i the fo wa d-looki g stateme ts. These isks a d u ce tai ties i clude, amo g othe s: the te ms, st uctu e, be efits a d costs of each of the Asset Sale, the I vestme t T a sactio , a d the t a sactio s co templated by each of the fo egoi g; the timi g of such t a sactio s a d whethe such t a sactio s will be co summated at all; the isk that the Asset Sale, the I vestme t T a sactio , a d the t a sactio s co templated by each of the fo egoi g, a d the a ou ceme t of the same, could have a adve se effect o the ability of the Compa y to etai a d hi e key pe so el a d mai tai elatio ships with pa t e s, supplie s, employees, stockholde s a d othe busi ess elatio ships a d o its ope ati g esults a d busi ess ge e ally; the isk that the Asset Sale, the I vestme t T a sactio , a d the t a sactio s co templated by each of the fo egoi g could dive t the atte tio a d time of the Compa y’s ma ageme t; the isk of a y u expected costs o expe ses esulti g f om the Asset Sale, the I vestme t T a sactio , a d the t a sactio s co templated by each of the fo egoi g; the isk that a y a ticipated dist ibutio s of p oceeds (whethe via a divide d o CVR) may ot be decla ed a d paid; the isk of a y litigatio elati g the eto; the u ce tai ties a d va iables i he e t i busi ess, ope ati g a d fi a cial pe fo ma ce, i cludi g, amo g othe thi gs, competitive developme ts a d ge e al eco omic, political, busi ess, i dust y, egulato y a d ma ket co ditio s, futu e excha ge a d i te est ates, a d cha ges i tax a d othe laws, egulatio s, ates a d policies; ou ability to co ti ue as a goi g co ce ; ou ability to mai tai the listi g of ou commo stock o Nasdaq; ou ability to meet fi a cial cove a ts with ou le de s; ou busi ess model a d ou tech ology platfo m; elia ce o thi d pa ty o li e ma ketplaces; a d othe facto s discussed i the “Risk Facto s” sectio of ou most ece t pe iodic epo ts filed with the SEC, all of which you may obtai fo f ee o the SEC’s website at www.sec.gov. Although we believe that the expectatio s eflected i ou fo wa d-looki g stateme ts a e easo able, we do ot k ow whethe ou expectatio s will p ove co ect. You a e cautio ed ot to place u due elia ce o these fo wa d-looki g stateme ts, which speak o ly as of the date he eof, eve if subseque tly made available by us o ou website o othe wise. We do ot u de take a y obligatio to update, ame d o cla ify these fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts o othe wise, except as may be equi ed u de applicable secu ities laws.

Additio al I fo matio a d Whe e to Fi d ItI co ectio with the p oposed t a sactio s, Ate ia has filed a defi itive p oxy stateme t with the SEC a d has mailed the defi itive p oxy stateme t a d elated mate ials to stockholde s of eco d. The p oposed t a sactio s will be submitted to Ate ia stockholde s fo thei app oval. Ate ia may also file othe docume ts with the SEC ega di g the p oposed t a sactio s. The defi itive p oxy stateme t co tai s impo ta t i fo matio about the p oposed t a sactio s a d elated matte s. This docume t is ot a substitute fo the p oxy stateme t filed with the SEC o a y othe docume ts that Ate ia may file with the SEC o se d to Ate ia stockholde s i co ectio with the p oposed t a sactio s. SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT REGARDING THE PROPOSED TRANSACTIONS (INCLUDING ALL OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS) CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTIONS. I vesto s a d secu ity holde s may obtai f ee copies of the p oxy stateme t a d all othe docume ts filed, o that will be filed, by Ate ia with the SEC th ough the SEC’s website at www.sec.gov. Copies of docume ts filed with the SEC by Ate ia will be made available f ee of cha ge o Ate ia ’s website at www.ate ia .io o by di ecti g a equest to I vesto elatio s at i @ate ia .io.

I vesto Co tact:

The Equity G oupDevi Sulliva , Ma agi g Di ecto Devi .Sulliva @theequityg oup.com

Co o Rod iguez, AssociateCo o .Rod iguez@theequityg oup.com