Farmmi becomes a member of the National Restaurant Association

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LISHUI, China, May 26, 2022 /PRNewswire/ — Farmmi, Inc. (“Farmmi” or the “Company”) (NASDAQ: FAMI), a supplier of agricultural products in Chinaannounced today that it has become a member of the influential National Restaurant Association (the “Association”).

Founded in 1919 and based in washington d.c., the National Restaurant Association is the leading trade association for the restaurant industry, which includes nearly one million restaurant and foodservice outlets and a workforce of 14.5 million employees. With 52 state associations, the National Restaurant Association is a network of professional organizations dedicated to serving every restaurant through awareness, education and food safety. The Association sponsors the industry’s largest trade show, the National Restaurant Association Show, runs the ServSafe food safety training and certification program, and NRAEF’s unique ProStart high school career development program.

M/s. Yefang ZhangPresident and CEO of Farmmi, said, “We are very pleased to become a member of the powerful National Restaurant Association. We are one of the few members with major operations in China and that adds another tool to our toolbox, and gives us even greater credibility in the marketplace. The synergies with our business are incredibly compelling, with restaurants and food service establishments across the United States seeking high-quality agricultural products. As a new member, Farmmi’s products will now be even more accessible and we will have much wider market opportunities. We plan to greatly increase the number of qualified potential customers we have access to, including active buyers of organic foods and ingredients exported to the United States. Our team is already engaged and just spent 3 days at the 2022 National Restaurant Association Show, which is known for bringing together more catering and hospitality equipment buyers and manufacturers than any other industry event. “

“Furthermore, as part of our long-term strategy, we are committed to helping thousands of farmers across China improve their practices, including pesticide reduction, to improve consumer health and the planet. We will achieve this by working alongside farmers to implement protocols and produce to the strictest US FDA food-grade standards so that US-based restaurants accept their food supplies. We also plan to expand production in the United States where there are competitive advantages in agricultural production and in marketing to other members of the National Restaurant Association. There are many opportunities ahead of us and we are already talking to potential supply partners in the United States and Canada.”

About Farmmi, Inc.

Founded in 1998, Farmmi Inc. (NASDAQ: FAMI) is a supplier, processor and retailer of agricultural products of edible mushrooms such as Shiitake and Mu Er, as well as other agricultural products. In addition to its offline sales, Farmmi sells its products directly to the consumer at http://www.farmmi88.com. For more information about the Company, please visit: http://ir.farmmi.com.cn/.

Forward-looking statements

Nothing in this press release should be construed as an offer to buy or sell securities. Such an offer may only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Certain statements in this press release regarding our future growth prospects are forward-looking statements regarding our future business expectations and are intended to qualify for “safe harbor” under the Private Securities Litigation Reform Act of 1995. Such statements Forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those contained in such forward-looking statements. The risks and uncertainties associated with these statements include, but are not limited to, risks and uncertainties regarding the continuing effects of the Covid-19 pandemic on our customers’ businesses and our end buyer’s disposable income, our ability to raising capital on particular terms, the fulfillment of customer orders, fluctuations in earnings, fluctuations in exchange rates, our ability to manage growth, our ability to generate revenue through the expansion of operations and assets acquired in China, our ability to attract and retain qualified professionals, customer concentration, concentration of industry segments and general economic conditions affecting our industry. Additional risks that could affect our future results of operations are further described in our filings with the United States Securities and Exchange Commission. These documents are available at www.sec.gov. Farmmi may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. Additionally, please note that all forward-looking statements contained herein are based on assumptions that we believe are reasonable as of the date of this press release. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company, except as required by law.

SOURCE Farmmi, Inc.

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