Northern Lights Acquisition Corp. Announces Date of Special Meeting to Approve Acquisition of Safe Harbor Financial

Northern Lights Acquisition Corp. (NASDAQ: "NLIT") ("Northern Lights"), a special purpose acquisition corporation, announces that it will hold a special meeting of its stockholders (the "Special Meeting") on June 24, 2022 at 2pm ET to approve the business combination whereby NLIT will acquire SHF, LLC, d/b/a Safe Harbor Financial ("Safe Harbor") and other related matters.

Special Meeting Overview

The Special Meeting will be exclusively via a live audio webcast at https://www.cstproxy.com/northernlightsacquisitioncorp/2022. Stockholders of record as of May 19, 2022, are entitled to receive notice of and to vote at the Special Meeting. Every stockholder's vote is important, regardless of the number of shares held. Accordingly, Northern Lights requests that each stockholder complete, sign, date and return a proxy card (online or by mail) as soon as possible and by no later than 11:59 p.m. Eastern Time on June 23, 2022, to ensure that the stockholder's shares will be represented at the Special Meeting. Stockholders that hold their shares in "street name" (i.e., those stockholders whose shares are held of record by a broker, bank or other nominee) should contact their broker, bank or nominee to ensure that their shares are voted.

If any Northern Lights stockholder does not receive the proxy statement describing the business combination and the other matters to be voted upon at the Special Meeting (the "Proxy Statement") or who may need assistance in completing the proxy card or have questions regarding the Special Meeting, please contact Northern Lights' proxy solicitor, The Laurel Hill Advisory Group by phone at (855) 414-2266 or via email at nlit@laurelhill.com.

If the proposals at the Special Meeting are approved, the parties anticipate that the business combination will close shortly thereafter, subject to the satisfaction or waiver of the other closing conditions. As part of the business combination, NLIT intends to change its name to SHF Holdings, Inc. and expects its common stock and warrants to remain listed on the NASDAQ Capital Market under the new ticker symbols "SHFS" and "SHFSW," respectively.

Safe Harbor, a leading financial services provider to the cannabis industry, was formed to provide an unmet need – compliant banking and financial services to the rapidly expanding U.S. cannabis industry. Over the past seven years (including operations conducted through its parent, Partner Colorado Credit Union, Safe Harbor has processed more than $12 billion in transactions, including approximately $3.6 billion in 2021.

Safe Harbor has grown to nearly 600 clients spanning 20 states, serving both the medical and recreational cannabis markets. As legislative reform unfolds in the U.S., Safe Harbor is uniquely positioned as the trusted, leading standard for cannabis financial services.