ANIC Agronomics Limited

REACH  

29 May 2024

Agronomics Ltd

("Agronomics" or the "Company")

Portfolio Company Presentation Series - Clean Food Group

Agronomics (LSE: ANIC), a leading listed company in the field of cellular agriculture, is pleased to announce that it will be hosting the third presentation in its Capital Markets portfolio series.

The Agronomics' Capital Markets Investor Presentation Series comprises individual presentations from industry-leading companies in the cell culture and precision fermentation sector within the Agronomics portfolio. For each presentation, the portfolio company's management team will provide in-depth insights into the purpose, market demand, technical milestones, and growth strategy of the company, together with a Question & Answer session at the end of the presentation. Agronomics expects to hold, on average, a presentation every eight weeks.

The third presentation will be held with the senior management team at Clean Food Group Ltd ("Clean Food Group") on Monday 24 June 2024 at 3:00 pm BST.  Attendees can register for the event using the following link: https://us02web.zoom.us/webinar/register/WN__SQnHi3hQ9ec_Lx_bht0hQ. After registering, attendees will receive a confirmation email containing information about joining the webinar.

Clean Food Group's proprietary technology platform uses proven, scalable yeast strains and fermentation technology and utilises food waste as its feedstock to deliver more sustainable alternatives to traditional oil and fat ingredients. Its go-to-market product is equivalent to high oleic palm oil, supported by an externally validated LCA (life-cycle assessment), which demonstrates a 90% reduction in greenhouse gases when compared with traditional palm oil. Clean Food Group's oil has been designed as a drop-in ingredient that can be substituted in several consumables, including baked goods, confectionery and cosmetics applications. 

Clean Food Group announced in March that it had secured a further £2.5 million in funding from the UK climate-focused venture fund, Clean Growth Fund Management LLP. The funding is being used to accelerate the commercialisation of Clean Food Group's sustainable oils and fats technology platform. 

About Clean Food Group:

Clean Food Group is a UK-based food-tech business delivering sustainable oils and fats solutions to the world's food and cosmetics manufacturers, with the mission to deliver scalable, healthier, competitively priced ingredients that have a positive impact on the economic, environmental, and social health of the planet.

Clean Food Group is founded by a team with key experience in growing biotech, food industry and retail businesses supported by established venture capital and family office investors with a track record supporting fast-growth start-up companies in highly regulated industries. Clean Food Group's proprietary technology platform has been developed as a result of 8 years of pioneering research by Professor Chris Chuck, technical lead at Clean Food Group and the University of Bath.

About Agronomics

Agronomics is a leading listed company focussing on investment opportunities within the field of cellular agriculture. The Company has established a portfolio of over twenty companies in this rapidly advancing sector. It seeks to invest in companies owning technologies with defensible intellectual property that offer new ways of producing food and ingredients with a focus on products historically derived from animals. These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability and address human health, food security, and animal welfare. A full list of Agronomics' portfolio companies is available at https://agronomics.im/.

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