TIDMANIC

Agronomics Limited

18 July 2022

Agronomics Limited

("Agronomics" or the "Company")

Agronomics July 2022 Newsletter

The newsletter is provided in the attached link:

https://mailchi.mp/agronomics/agronomics-q2-update-5238929

For further information please contact:

 
       Agronomics         Beaumont       Canaccord           Cenkos        Peterhouse           TB Cardew 
         Limited           Cornish    Genuity Limited       Securities       Capital 
                           Limited                             Plc           Limited 
      The Company          Nomad       Joint Broker           Joint           Joint          Public Relations 
                                                              Broker          Broker 
                        ==========  ===================  =============  ===============  ======================== 
        Richard            Roland      Andrew Potts           Giles       Lucy Williams         Ed Orlebar 
          Reed             Cornish       Harry Rees          Balleny         Charles             Charlotte 
         Denham             James        Alex Aylen          Michael        Goodfellow           Anderson 
           Eke             Biddle    (Head of Equities)      Johnson 
                        ==========  ===================  =============  ===============  ======================== 
                                                                                                +44 (0) 20 
                                                                                                 7930 0777 
        +44 (0)           +44 (0)                            +44 (0)         +44 (0)           +44 (0) 7738 
       1624 639396         207 628      +44 (0) 207          207 397         207 469              724 630 
   info@agronomics.im       3396          523 8000             8900            0936       agronomics@tbcardew.com 
                        ==========  ===================  =============  ===============  ========================

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 22 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 $1.8 trillion investment will be required in order to produce just 10% of the world's protein using this technology, means that we are on the cusp of a multi-decade flow of capital to build out manufacturing facilities. Funding in the field of cellular agriculture is accelerating, however still less than US$ 4 billion has been invested worldwide since the industry's inception in 2016.

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