Farmmi Participates in Industry Leader Meeting with the Modern Agricultural Association of Zhejiang Province

LISHUI,China,Nov. 6,2020 -- Farmmi,Inc. ("Farmmi" or the "Company")(NASDAQ: FAMI),an agriculture products supplier in China,today announced its participation at a recent industry leaders meeting organized by the Modern Agricultural Association of Zhejiang Province. The meeting,held in the Zhejiang Agricultural Science and Technology Innovation Park,was structured to better foster the production and sales of high-quality agricultural products.

In addition to the production and marketing discussions,the meeting's organizers invited senior distributors,which brought high-quality agricultural product resources and channels to both suppliers and sellers,along with additional cooperation opportunities.

Ms. Yefang Zhang,Farmmi's Chairwoman and CEO,commented,"I am pleased to have been included alongside an influential group of more than 50 enterprises to collaborate on the best strategies for integrated online and offline innovative marketing systems,practices and plans for the sale of agricultural products. Farmmi has a very successful track record implementing and executing enterprise promotions and product demonstrations. Our flagship green,ecological,healthy mushroom products are consistently favored by dealers for quality,taste and reliable fulfilment. The opportunity to communicate with dealers helps increase trust and accuracy as we work to build stable,long-term,cooperative relationships."

Ms. Yefang Zhang continued,"With the continuous evolution of consumer demand,the innovation of various marketing models forces the company to at all times prioritize quality control capabilities and product optimization,as we also accelerate standardized branding and quality traceability systems. This focus allows us to better meet consumers' demand for high-quality agricultural products."

About Farmmi,Inc.

Headquartered in Lishui,Zhejiang,Farmmi,Inc. (NASDAQ: FAMI),is a leading agricultural products supplier,processor and retailer of Shiitake mushrooms,Mu Er mushrooms,other edible fungi,and many other sought-after agricultural products. The Company's Farmmi Liangpin Market serves as a trading platform for Chinese geographical indication agricultural products and is a large platform for consumers to access locally sourced agricultural products. For further information about 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,including the potential impact of COVID-19 on our business within and outside of China. 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.

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