Agronomics Limited Agronomics December 2021 Newsletter

TIDMANIC

Agronomics Limited

23 December 2021

23 December 2021

Agronomics Limited

("Agronomics" or the "Company")

Agronomics December 2021 Newsletter

The newsletter is provided in the attached link:

https://mailchi.mp/agronomics/2021newslettercellularagriculture

About Agronomics

Agronomics is a leading listed alternative proteins company with a focus on cellular agriculture and cultivated meat. The Company has established a portfolio of 18 companies at the Pre-Seed to Series C stage in this rapidly advancing sector. It seeks to secure minority stakes in companies owning technologies with defensible intellectual property that offer new ways of producing food and materials with a focus on products historically derived from animals. These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability, as well as addressing human health, animal welfare and environmental damage. This disruption will decouple supply chains from the environment and animals, as well as being fundamental to feeding the world's expanding population. A full list of Agronomics' portfolio companies is available at https://agronomics.im/ .

About Cellular Agriculture

Cellular Agriculture is the production of agriculture products directly from cells, as opposed to raising an animal for slaughter, or growing crops. This encompasses cell culture to produce cultivated meat and materials, and fermentation processes that harness a combination of molecular biology, synthetic biology, tissue engineering and biotechnology to massively simplify production methods in a sustainable manner.

Over the coming decades, the source of the world's food supply traditionally derived from conventional agriculture is going to change dramatically. We have already witnessed the first wave of this shift with the consumer adoption of plant-based alternative proteins but today, we are on the cusp of an even bigger wave of change. This is being facilitated by advances in cellular agriculture. This change is necessary, given scientists claims that if we maintain existing animal protein consumption patterns, then we will not meet the Paris Agreement's goal of limiting warming to 1.5

AT Kearney, a global consultancy firm, projects that cultivated meat's market share will reach 35% by 2040. This combined with the Good Food Institute's estimate that a US $1.8 trillion investment will be required in order to produce just 10% of the world's protein using this technology, means that we are on the cusp of a multi-decade flow of capital to build out manufacturing facilities. Funding in the field of cellular agriculture is accelerating, however still less than US$ 1 billion has been invested worldwide since the industry's inception in 2016.

For further information please contact:

 
       Agronomics            Beaumont       Cenkos Securities        Peterhouse              TB Cardew 
         Limited              Cornish              Plc             Capital Limited 
                              Limited 
      The Company             Nomad           Joint Broker          Joint Broker          Public Relations 
                        ----------------  -------------------  ---------------------  ------------------------ 
      Richard Reed        Roland Cornish      Giles Balleny         Lucy Williams            Ed Orlebar 
       Denham Eke          James Biddle          Michael          Charles Goodfellow        Joe McGregor 
                                                 Johnson 
                        ----------------  -------------------  ---------------------  ------------------------ 
                                                                                          [phone] 
                                                                                                0777 
      +44 (0) 1624           +44 (0)             +44 (0)                                  [phone] 
         639396               207 628            207 397             +44 (0) 207                 630 
   [e-mail]          3396                8900                469 0936        [e-mail] 
                        ----------------  -------------------  ---------------------  ------------------------ 
 

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December 23, 2021 05:53 ET (10:53 GMT)