KARTOON STUDIOS, VEVE, AND MULTIVERSE CLOTHING COMPANY INC. RELEASE FIRST-EVER LINE OF STAN LEE LIMITED-EDITION “PHYGITAL” COLLECTIONS DURING SAN DIEGO COMIC-CON

Exclusive Collections of Physical and Digital Collectibles Include Original Art from Esteemed Contemporary Artists,

Rob Prior, Burton Morris, and Bill Sienkiewicz, Drop 1, Series 1 Now Available

Beverly Hills, California – July 25, 2024: Kartoon Studios (NYSE AMERICAN: TOON), the controlling partner of “Stan Lee Universe, LLC,” VeVe, the global leader in digital collectibles and comics derived from some of the world’s best-known IP, and groundbreaking Multiverse Clothing Company Inc. debut today the first drop in a series of Stan Lee limited-edition fine art digital and apparel collectible releases this year.

These exclusive ‘phygital’ collections, which blend fine art with smart fashion, will be showcased in VeVe’s booth #1630 at San Diego Comic-Con. The artwork featured in the collection is created by three of the most renowned contemporary pop culture artists, Rob Prior, Burton Morris, and Bill Sienkiewicz. All three artists created Stan Lee limited-edition portraits that are being offered for the first time ever as digital, as well as on limited-edition apparel collectibles, including a lined hoodie (MSRP: $99.00), lined suede bomber jackets (MSRP: $149.99) and lined leather jackets (MSRP: $250.00).

Courtesy of Kartoon Studios

By purchasing a limited release apparel item at Multiverse Clothing’s online store, from today through July 28, fans can then redeem two digital collectibles immediately on VeVe using the free redemption codes in the order confirmation. All purchasers will be able to redeem from VeVe a Gold and Silver King of Cameos Stan Lee Chibi style digital collectible, plus the corresponding Stan Lee Fine Art digital collectible associated with the artwork by Burton Morris, Rob Prior or Bill Sienkiewicz based on their apparel item purchased.

Each limited-edition and individually numbered piece of apparel comes with an Easter Egg that unlocks access to Stan Lee Universe Exclusive Drop 2, which features 60 artist-signed physical portraits. Fast-acting fans will discover they can purchase highly coveted, limited-edition and priceless Stan Lee art signed by these world-famous artists.

Lloyd Mintz, SVP of Global Consumer Products, Kartoon Studios stated: “This cutting-edge partnership with VeVe and Multiverse Clothing has resulted in not only a tremendous opportunity to pay tribute to the legend of Stan Lee, but also offer fans an incredible opportunity to own what we consider to be priceless artwork and fresh and unique clothing created in conjunction with these globally renowned pop culture artists. This drop represents the first wave of what we feel is creating highly sought after collectibles that will be treasured by fans.”

David Yu, VeVe’s CEO and co-founder commented on the launch: “We’re excited to have the art canvases and apparel collection on display at the VeVe booth at San Diego Comic-Con! Being part of this collab with Kartoon Studios and Multiverse Clothing, which celebrates Stan Lee and blends fine art with smart fashion and digital collectibles, is exciting for VeVe. Offering the matching digital collectible of art from three renowned contemporary popular artists along with a very special gold Stan Lee collectible enables us to engage with fans in a fashion-forward way.”

Tricia Srinivasan, Multiverse Clothing Company Inc’s co-founder said: “We are excited to be working with such incredible companies like VeVe and Kartoon Studios to help extend Stan Lee’s legacy through innovative ways to improve the fan experience. Stan was such a pioneer so it’s fitting that these revolutionary drops begin with him.”