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Calysta appoints former Quorn and Mars innovation lead as new CTO

Menlo Park, CA – Tuesday September, 8 2020  World-leading alternative protein producer, Calysta, has signaled its future intentions with the appointment of food and feed innovation veteran Dr Geoff Bryant as Chief Technology Officer.

Dr Geoff Bryant has more than 20 years’ experience in leading R&D and technology teams, most recently as Quorn Foods Technical and Innovation Director and previously with Mars Inc. Based at Calysta’s UK Technology Hub in Teesside, he will oversee global product development, engineering and innovation activities and the delivery of the world’s first FeedKind® production facility, Calysseo, Calysta’s 50/50 joint venture with Adisseo in China.

As part of the Executive team, Geoff will play an integral role in the product development strategy and technology road-map across Asia, the US and Europe.

Geoff comes to Calysta having most recently led Quorn’s R&D and technical teams in fermentation science, new product development, innovation, quality, regulatory and process technology. He also spent 16 years with Mars Inc in several regional and global roles, during which time he was assigned as the Global Specialty Petfood R&D Vice President.

Welcoming Geoff to Calysta, the company’s Chief Operating Officer, Thomas JG Huot Ph.D., said: “This is a very important appointment for Calysta. Geoff comes in at a very exciting time in our development, with the Calysseo facility in China due to start operation in 2022.

“As we move into the next phase of our growth, expanding our product line is very important to us and Geoff will be a terrific asset to the company as we increase our research and development activities, both globally and at our strategically important UK facility.”

Geoff, whose most recent role saw him develop and implement technology and innovation strategies for plant-based, meat-free foods, said: “I am passionate about transforming the food system and I strongly believe sustainable proteins such as FeedKind can play a crucial role in helping reduce the impact food production has on our planet.

“Calysta’s mission is to make more from less, and I am looking forward to meeting that challenge in this exciting new role.”

FeedKind® protein is a family of natural, sustainable, and traceable feed ingredients for fish, livestock and pets, produced by fermenting natural gas with a naturally occurring bacteria. It uses no arable land and almost no water in its production, supporting global food security and helping feed an increasing population in a sustainable way

Calysta’s 50/50 JV with Adisseo, Calysseo, is in the process of building the world’s first FeedKind commercial production facility in Chongqing, China, with 20,000 tonnes to come onto the market in 2022 and 100,000 tonnes shortly thereafter.

Investors in Calysta include bp, Adisseo, Temasek, AquaSpark, Mitsui and Cargill. For more information about Calysta, visit www.Calysta.com. Join the newsletter at www.FeedKind.com

About Calysta

Calysta, Inc., Menlo Park, CA, is a biotechnology company working towards a future where the world’s growing population has guaranteed food security. Calysta’s aim is to make more from less by fermenting natural gas to create new food products, creating sustainable, high value nutritional ingredients that don’t interfere with the human food chain.

FeedKind®, is made using very little water and no agricultural land by fermenting natural gas, an abundant source of energy, to create a safe, nutritious, traceable and affordable protein. Produced via a natural fermentation, it is non-GMO, price competitive with existing sources of protein and produced to the highest quality standards. FeedKind has been commercially validated through extensive customer trials in aquaculture, agriculture and pet food.

Contacts: Calysta – Steven Flanagan, (+44) 141 343 3250 or sflanagan@webershandwick.com. or Calysta Media Information, info@calysta.com

EY Announces Alan Shaw of Calysta as an Entrepreneur Of The Year® 2020 Northern California Award Finalist

Celebrating the unstoppable entrepreneurs whose ambitions transform our world

Menlo Park, CA – 27 August 2020 – Calysta, Inc. Ernst & Young LLP (EY US) today announced that Alan Shaw, President, CEO and co-founder of Calysta was named an Entrepreneur Of The Year® 2020 Northern California Award finalist. Now in its 34th year, the Entrepreneur Of The Year program honors entrepreneurial business leaders whose ambitions deliver innovation, growth and prosperity as they build and sustain successful businesses that transform our world. Shaw was selected as one of 19 finalists by a panel of independent judges.

Award winners will be announced through a special virtual event on October 7 and will join a lifelong community of esteemed Entrepreneur Of The Year alumni from around the world. This year, unstoppable entrepreneurs who have provided extraordinary support for their communities, employees and others during the COVID-19 crisis will also be recognized for their courage, resilience and ingenuity.

Entrepreneur Of The Year is one of the preeminent competitive award programs for entrepreneurs and leaders of high-growth companies. The nominees are evaluated based on six criteria, including overcoming adversity; financial performance; societal impact and commitment to building a values-based company; innovation; and talent management. Since its launch, the program has expanded to recognize business leaders in more than 145 cities in over 60 countries around the world.

Reacting to his nomination, Shaw said: “In a year of extraordinary challenges for businesses across the world, being shortlisted as a finalist for Entrepreneur of the Year®, the world’s most prestigious award for entrepreneurs, is particularly humbling and an honor.

“Now is the climate for innovation and entrepreneurialism. For Calysta and companies like us, the opportunities created by The Great Reset to find new solutions to the challenges we face in the months and years ahead will create new markets, new opportunities and new growth.

“Calysta’s lead product, FeedKind®, is one of the first commercial scale alternative proteins and is an ideal feed ingredient for fish, livestock and pets. It supports global food security by freeing land and water currently used to grow conventional proteins, helping feed an increasing population in a sustainable way.”

Regional award winners are eligible for consideration for the Entrepreneur Of The Year National Awards, to be announced in November during a virtual awards gala. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2021.

Entrepreneur Of The Year Award winners become lifetime members of a global, multi-industry community of entrepreneurs, with exclusive, ongoing access to the experience, insight and wisdom of program alumni and other ecosystem members in over 60 countries — all supported by vast EY resources.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by SAP America and the Kauffman Foundation.

In Northern California, sponsors also include Woodruff Sawyer and Chatham Financial.

About Entrepreneur Of The Year®

Entrepreneur Of The Year® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. Winners go on to compete for the EY World Entrepreneur Of The Year™ title. ey.com/us/eoy

About EY Private

As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. Visit ey.com/private

About EY

EY is a global leader in assurance, tax, strategy, transaction and consulting services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. For more information about our organization, please visit ey.com.

FeedKind® Aquafeed Project with Calysseo settled in Chongqing

Paris, France (30 June, 2020) The first commercial-scale new plant in the world fully-funded through the Calysseo joint-venture between Adisseo and Calysta will be built in Chongqing’s Changshou district, an important milestone for Feedkind® project.

It will develop a major business supplying aquafeed ingredients in Asia with a market size of USD28 billion, representing 70% of world market.

FeedKind® protein is an economical, safe, healthy, nutritious and traceable protein, which provides innovative solutions for the growth of aquafeed products. The project will be the very first commercialized FeedKind® facility in the world, with the 20,000 ton capacity first phase expected to go into operation by 2022. Once the first phase project runs successfully, it will be followed by a second phase investment, adding another 80,000 ton capacity, which will allow a prompt market penetration with a potentially rapid expansion in Asia market to build a profitable and sizable business opportunity for all parties.

Adisseo announced the location during a signing ceremony. This reflects the company’s commitment to increase its investment in China and pursue aqua feed opportunities in Asia. Despite difficulties resulting from COVID-19 pandemic, the project has continuously progressed with support from all parties, thus enabling the successful organization of the signing ceremony convened in the form of cloud meeting attended by representatives from all parties including officials from Chongqing municipal and Changshou District government in Chongqing, representatives from China Bluestar Group in Beijing, from Calysta in US and in Shanghai, from Adisseo in Paris and in Shanghai.

On the ceremony, Zheng Xiangdong, Deputy Mayor of Chongqing, on behalf of Chongqing government and Changshou Region, extended his warm welcome and sincere gratitude to Bluestar Group, Adisseo and Calysta for choosing Changshou Region as the home of FeedKind production facility. He believes the project’s settlement in Changshou Region will contribute to the transformation and upgrade of natural gas chemical industry in Chongqing and Changshou Region and further reinforce China’s leading position in the biochemistry industry in the world. Zhao Shiqing, Party Secretary of Changshou District also expressed that Changshou District is committed to further deepen the reform of “regulation and service”, strive to create a market-oriented, law-based and internationalized business environment, and vigorously support the project implementation and future development and operation by relying on the established chemical giant enterprises with a mature industrial ecosystem.

Hao Zhigang, chairman of Bluestar Group and Adisseo, said, “I was delighted to join the investment signing ceremony, which marks another key step for the rollout of Adisseo business diversification strategy as well as its China development strategy. I would like to, on behalf of Adisseo and all our business partners, express our gratitude to Chongqing and Changshou governments, for all the support extended to the project.”

He continued, “Adisseo and Calysta, have very high expectation on the project. It is a major strategic investment for us. Being the controlling shareholder of Adisseo, we will continue to give our strongest support to Calysseo in building the first high-tech, safe and environmentally friendly manufacturing unit for FeedKind® in Chongqing. On the business front, Adisseo is already developing and marketing high-quality feed additives for aquaculture and now is moving into a new dimension with FeedKind®. Today’s announcement brings us another step closer to realizing our ambition and we are delighted by the ambition and support of our partners in this. We believe that project will be successfully completed and put into operation, and will rapidly realize its returns, bring real benefits to consumers and provide more innovation capabilities for the industry.”

-End-

June 30, 2020

Adisseo and Calysta establish a Joint-Venture to commercialize FeedKind®, an innovative feed solution for aquaculture.

Menlo Park, CA (20 February, 2020) Bluestar Adisseo Company (Adisseo), a world leader in feed additives for animal nutrition, and the world’s leading alternative protein producer, Calysta, today signed an agreement to establish a joint venture named Calysseo to develop FeedKind®, an innovative feed solution for aquaculture, and to provide exclusive supply for Asian markets.

The strategic partnership will also see the construction, in China, of the world’s first commercial FeedKind® production facility, with the first phase expected to start operating in 2022, delivering 20,000 tonnes of FeedKind® protein per year.

Great opportunity to develop a major business supplying aquafeed ingredients in Asia with a market size of USD28 billion, representing 70% of world market.
• Establishment of a 50/50 Joint Venture between Adisseo and Calysta to build production facilities and to address the Asian market on an exclusive basis.
• World’s first FeedKind production facility to be built with 20,000 tonnes of capacity to come online in 2022. A second step will bring an additional 80,000 tonnes of capacity.

Jean-Marc Dublanc, CEO of Adisseo, stated: “Adisseo is committed to strategic investments in new disruptive technologies. Our ambition is to become one of the leaders in sustainable feed ingredients and additives for aquaculture across the Asian markets.

“For this reason, we have been investing significantly to develop an aqua lab station in Singapore, fully dedicated to developing innovative and sustainable feed solutions for aquaculture.

“With this joint venture, we are investing further in a strategic collaboration, combining the agility of a start-up with Adisseo’s expertise to enable Adisseo to become a major contributor to food safety and sustainability in Asia via innovation.”

Thomas JG Huot Ph.D., Chief Operating Officer of Calysta, said: “Adisseo is one of the world’s leading feed additive companies and this exciting new partnership with Calysta marks a significant moment in the FeedKind story.

“Today’s announcement means we are now making the transition from a tremendously exciting idea to one that will deliver truly world-scale impact, making food supply chains more resilient, and making them far more sustainable in the process.”

The rapidly growing world population and the increased demand in Asia for animal protein offers great opportunities to the aquaculture sector, as well as the requirement to meet environmental objectives.

The global aquaculture market is experiencing strong growth and is expected to become the third largest animal protein source, with the production representing more than 100 million tonnes.

Through this strategic partnership, Adisseo is tackling one of the key challenges faced by the aquaculture industry – to provide high quality seafood without adding extra pressures to the environment.

FeedKind® is made using very little water and no agricultural land by fermenting natural gas, an abundant source of energy, to create a safe, nutritious, traceable and affordable protein.

Produced via a natural fermentation, it is a safe, healthy, traceable and nutritional protein that is price competitive with existing sources of protein and produced to the highest quality standards.

This will also contribute to reduce pressure on wild fisheries and respond to the projected growth for aquaculture products.

The second phase of the partnership will add a further 80,000 tonnes of capacity to the site, allowing for extended market penetration leading to further development to follow customer demand.

Jean-Marc Dublanc added: “Adisseo looks forward to developing this partnership with Calysta, as this innovative technology will support and accelerate the development of its business in aquaculture while providing additional opportunities to tackle the dual challenge of meeting the world’s need for healthier, safer, affordable and sustainable food for tomorrow while at the same time contributing to protect the planet’s resources.”

—- ENDS —-

About Adisseo
Adisseo is one of the world’s leading experts in feed additives.

The group relies on its 10 research centres and its production sites based in Europe, USA and China to design, produce and market nutritional solutions for sustainable animal feed. With more than 2,200 employees, it serves around 3,900 customers in over 110 different countries through its global distribution network.

Adisseo is one of the main subsidiaries of China National BlueStar, leader in the Chinese chemical industry with nearly 21,500 employees and a turnover of 9.3 billion USD.

Adisseo is listed on the Shanghai Stock Exchange.
www.adisseo.com

Contact Adisseo:
JV Director: Pierre Casamatta pierre.casamatta@adisseo.com
Communication Director: Patrick Settelen Patrick.settelen@adisseo.com

About Calysta
Calysta, Menlo Park, CA, is a biotechnology company working towards a future where the world’s growing population has guaranteed food security. Calysta’s aim is to make more from less by fermenting natural gas to create new food products, creating sustainable, high value nutritional ingredients that don’t interfere with the human food chain.

FeedKind®, is made using very little water and no agricultural land by fermenting natural gas, an abundant source of energy, to create a safe, nutritious, traceable and affordable protein. Produced via a natural fermentation, it is non-GMO, price competitive with existing sources of protein and produced to the highest quality standards. FeedKind has been commercially validated through extensive customer trials in aquaculture, agriculture and pet food.

Contact Calysta:
Natalie Buxton NBuxton@webershandwick.com
Steven Flanagan SFlanagan@webershandwick.com

Calysta appoints Thomas Huot, Ph.D. as Chief Operating Officer to lead global operations, corporate strategy and commercialization

Menlo Park, CA (12 February, 2020) — Leading alternative protein producer Calysta has appointed Thomas JG Huot, Ph.D. as its Chief Operating Officer to lead global operations and corporate development activities. Additionally, Dr. Huot is responsible for corporate strategy and the commercialization of Calysta’s FeedKind® protein.

Dr. Huot brings more than 20 years of experience in research in biological sciences, venture investing, project financing and strategic partnerships, including a significant focus on industrial biotechnology, specialty chemicals and nutrition.

Prior to joining Calysta, he had previously been with VantagePoint Capital Partners, a global venture investor with a focus on energy innovation and technology that had more than $4bn under management. At VantagePoint, Dr. Huot was a Managing Director where he led the industrial biotechnology, food and agtech investing practice. Thereafter, Dr. Huot provided strategic advisory services to start-up companies and investment funds in the life sciences and nutrition sectors for Novalis Advisors LLC. It was here he first learned of Calysta and its pioneering sustainable, traceable protein, FeedKind®, and after a year of advising the company with its commercialization and partnership strategy, in 2018, Calysta appointed Dr. Huot as Chief Business Officer.

Dr. Huot said: “With FeedKind protein, Calysta is well positioned to address the dual challenge of food security and environmental sustainability. I’m delighted to have joined at a particularly exciting time in the company’s trajectory.

“I’m looking forward to expanding Calysta’s innovations to broader markets, particularly in Asia where there is significant opportunity to provide feed products for aquaculture.”

Alan Shaw, Ph.D., Calysta President and CEO, said: “Thomas brings a wealth of directly impactful experience, knowledge and network of customers, partners and investors to Calysta and has been an invaluable addition to the team.

“We strongly believe that FeedKind protein will make a lasting and positive impact on the way we produce food and having Thomas on board in this expanded role is a fresh vote of confidence in Calysta’s ability to achieve that on a global stage.”

Calysta’s patented, state-of-the-art fermentation process uses no arable land and very little water, and does not compete with the human food chain, translating into greater production of food with fewer utilization of resources. FeedKind is a key enabler for growth of the aquaculture market by reducing reliance on conventional sources of proteins.

As the global population grows from 7 billion in 2010 to a projected 9.8 billion in 2050, and incomes grow across the developing world, overall food demand is on course to increase by more than 50 percent, and demand for animal-based foods by nearly 70 percent. FeedKind protein can help achieve a sustainable food future by meeting the growing demands for food while avoiding deforestation and allowing the restoration of abandoned and unproductive land.

Dr. Huot added: “With each day bringing more evidence, we as a global community, cannot bury our head in the sand any longer, we must make significant and lasting changes the supply, source and production of our food.

“With FeedKind, we offer a truly sustainable solution that can help us make more from less and deliver a more secure food future for everyone – a challenge that I look forward to taking on in the months and years ahead.”

FeedKind is already being produced from the company’s Market Introduction Facility (MIF) in Teesside, England to support market development activities with leading animal nutrition companies around the world.

For more information about Calysta, visit www.calysta.com.

ENDS
12 February 2020

Notes to Editors

Calysta, Menlo Park, CA, is an innovator in sustainable products to improve worldwide food security. Calysta develops and commercializes FeedKind® protein, an alternative feed ingredient for fish, livestock and pet nutritional products.

Contacts:
Calysta: Steven Flanagan, sflanagan@webershandwick.com, +44(0)141.343.3250; Lyn Christenson, lyn@linkagesgroup.com, 650.492.6880, ex. 100.