Farmmi Receives Government's Leading Enterprise Designation and Monetary Award

LISHUI,China,Jan. 6,2022 -- Farmmi,Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI),an agriculture products supplier in China,today announced the Company's subsidiary Zhejiang Farmmi Food Co.,Ltd.,received the Government's municipal-level key agricultural leading enterprise designation and monetary award.

Ms. Yefang Zhang,Farmmi's Chairwoman and CEO,commented,"We are honored to receive this important Government' designation. Farmmi has invested significantly in our core agriculture business,helping to create meaningful jobs and benefitting local economies along the way,as we built out our supply chain,storage,processing and logistics capabilities. The strength of our integrated platform and track record of product excellence helped us to overcome the many COVID-19 challenges that impacted our industry and the broader global economy. We are optimistic at the start of the New Year and look forward to unlocking additional value for our shareholders. We remain focused on our business strategy,with expansion of our core agricultural business and diversification into new growth vectors. We expect to play a leading role as we provide market-oriented,professional and standardized services for all aspects of agricultural pre- to post-production,and promote high-quality,advanced green development of rural industries in Lishui City."

About Farmmi,Inc.

Headquartered in Lishui,Zhejiang,Farmmi,Inc. (NASDAQ: FAMI),is an agricultural products supplier,processor and retailer of Shiitake mushrooms,Mu Er mushrooms,other edible fungi and other agricultural products. For further information about the Company,please visit: http://ir.farmmi.com.cn/.

Forward-Looking Statements

This press release contains forwarding-looking statement within information about Farmmi Inc.'s views on its future expectations,plans and prospects. We remind you not to rely too much on these forward-looking statements. Due to various of factors,actual results may differ materially from the anticipated results,including but not limited to its ability to raise additional funds,maintain and develop business,variability of business performance,ability to maintain and enhance its brand,development and launch of new products and services,successful integration of acquired companies,technologies and assets into its product and service portfolio,marketing and other business development initiatives,industry competition,general government regulation,economic conditions,the impact of the novel coronavirus pneumonia,dependence on key personnel,attracting,hiring and retaining personnel with the skills and experience required to meet customer requirements,and the ability to protect their intellectual property rights. Farmmi Inc. encourages you to review other factors that may affect its future results in its registration statement and other documents submitted to the U.S. Securities and Exchange Commission. The forward-looking statements in this press release are based on current expectations,our company does not undertake the obligation to update these forward-looking statements.

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