Farmmi, Inc. CEO Appointed Vice President of the 7th Council of the Zhejiang Edible Fungi Association

LISHUI,China,Oct. 25,2018 -- Farmmi,Inc. (the "Company") (Nasdaq: FAMI),an agriculture products supplier in China,today announced that Ms. Yefang Zhang,Chairwoman and Chief Executive Officer of the Company,was appointed the Vice President of the 7th Council of the Zhejiang Edible Fungi Association (the "Association") on October 9,2018,with a term of five years. The appointment shows that the Association acknowledges Ms. Zhang's more than two decades of experience in the edible fungi industry and the Company's position in the industry.

More than 300 representatives from the edible fungus industry in Zhejiang Province attended the 7th general meeting of the Association from October 8 to October 9,and discussed the development plan of the industry. They also summarized the work of the 6th council of the Association,reviewed and approved the Association's charter,the standard of membership fees and management methods at the meeting.

Ms. Yefang Zhang,the Chairwoman and Chief Executive Officer of the Company,commented,"The Association promotes a strong bond among its members. The Council is the governing body of the Association. I am happy to be appointed as the Vice President of the 7th Council and to serve all the members. We expect that this position will help us further increase our influence and popularity and consolidate our market position."

About Farmmi,Inc.

Headquartered in Lishui,Zhejiang,Farmmi,is an agricultural products supplier and primarily processes and sells Shiitake mushrooms,Mu Er mushrooms,other edible fungi,and other agricultural products. In addition,Farmmi Liangpin Market,the Company's ecommerce platform,provides an opportunity for consumers to access locally sourced agricultural products. For further information regarding the Company,please visit: http://ir.farmmi.com.cn/.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition,results of operations,business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances,or changes in its expectations,except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable,it cannot assure you that such expectations will turn out to be correct,and the Company cautions investors that actual results may differ materially from the anticipated results.

For more information,please contact Investor Relations at:

Tina Xiao,President

Ascent Investor Relations LLC

Phone: +1-917-609-0333

Email: tina.xiao@ascent-ir.com

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