RiceBran Technologies Appoints Experienced Food and Nutraceutical Executives to Board of Directors

Jean M. Heggie, Food Industry Consultant and Will T. Black, Recognized Expert in the Global Health and Nutrition Industry, Bring Relevant and Significant Expertise to the Board of Directors

TOMBALL, TX/ACCESSWIRE/April 28, 2022 / RiceBran Technologies (NASDAQ: RIBT) (the “Company”) a global leader in the development and manufacturing of nutritional and functional ingredients derived from rice and other small and ancient grains for human foods, nutraceuticals, pet care and equine nutrition applications today announced that Jean M. Heggie and Will T. Black have been appointed to the Company’s Board of Directors (the “Board”), effective of today. Ari Gendason and Beth Bronner have resigned from the board of directors effective today.

Ms. Heggie is the founder of Heggie & Associates, LLC, a food industry consulting firm that provides strategic marketing advice to companies and trade associations involved in the consumer food, food ingredient and technology industries. agricultural. She is currently a consultant and spokesperson for the United Soybean Board, a trade association representing the interests of the US soybean industry. In April 2020, Ms. Heggie retired from DuPont Nutrition & Biosciences (acquired by IFF in February 2021) after a 33-year career in food ingredient marketing. At the time of her retirement, she was global marketing manager for DuPont’s protein solutions business unit, leading the development and execution of the company’s strategic marketing plan supporting its plant-based protein portfolio. Previously, Ms. Heggie led Dupont’s regional North American industry team of regional marketing, innovation and product management leaders in executing business initiatives in support of the the company’s broader ingredient portfolio. Ms. Heggie has also held marketing and product management positions at Solae, LLC, DuPont Protein Technologies, Universal Flavors, Burns Philp Food Ingredients, Beck Flavors and Ralston Purina’s Protein Technologies International.

Mr. Black has over 35 years of experience in the global health and nutrition industry. During his career, he served as Senior Vice President of Sales and Marketing at ChromaDex, a global bioscience company focused on the discovery and development of healthy aging nutraceutical ingredients; COO of Natreon, Inc., a proprietary botanical ingredients company; and Global Head of Human Nutrition and Health Marketing for DSM Nutritional Products, a world leader in the discovery and development of new nutraceutical ingredients and the world’s largest manufacturer of vitamins and omega-3 fatty acids. Mr. Black has also held leadership positions at DuPont Nutrition and Health in sales, marketing and business development for the Solae business unit, focusing on the development and applications of high-value soy protein and fiber. for the food, beverage and meat analogues industries. Mr. Black is currently a business advisor for Keto Swiss, AG, a ketone discovery and development company based in Basel, Switzerland, and he is the founder and CEO of Single Track Consulting, LLC, specializing in global consulting for the industries. nutrition and health.

“As we continue to evolve into a high value-added provider for increasingly sophisticated end markets, bringing relevant expertise to our board is an important priority,” said Executive Chairman Peter Bradley. “Both Jean and Will bring significant experience in the companion animal and human end markets, and we look forward to benefiting from many years of experience and deep industry relationships as we continue to execute our strategy of We also thank Ari and Beth for their many contributions to the Company as we transformed the organization. Their guidance has been invaluable during this process, and their oversight has been important in getting us to this point. inflection.

“The impact of the pandemic and the resulting shock to the global supply chain has significantly disrupted many manufacturing processes, making locally sourced rice ingredients not only attractive, but in some cases necessary,” he said. added Mr. Black. “RiceBran Technologies is well positioned at a key industry inflection point, and I look forward to helping the company grow its addressable market.”

“The push for healthier alternatives, not just for our own diets but for those of our beloved pets, is only accelerating,” Ms Heggie added. “RiceBran is a proven, healthy substitute for corn, soy, and other ingredients. RiceBran’s offerings meet the needs of food manufacturers today and tomorrow, and I look forward to helping management communicate this benefit.

About RiceBran Technologies

RiceBran Technologies is a specialty ingredients company focused on the development, production and marketing of products derived from traditional and ancient small grains. In particular, we are the world leader in the production and marketing of stabilized rice bran (SRB) and high value-added derived products derived from SRB, as well as a processor of rice, rice co-products and rice products. barley and oats. We create and produce products using proprietary processes to deliver enhanced nutrition, ease of use and extended shelf life, while meeting consumer demand for all natural, non-GMO and organic products. Target markets for our products include animal feed and nutrition manufacturers and retailers, as well as specialty food, functional food and nutritional supplement manufacturers and retailers, both at home and abroad. Further information is available in the company’s filings with the SEC and by visiting our website at http://www.ricebrantech.com.

Forward-looking statements

This release contains forward-looking statements, including, but not limited to, statements about RiceBran’s expectations regarding its future financial results, sales growth, improvements in Adjusted EBITDA (non-GAAP) and expenses. general and administrative. These statements are made on the basis of current expectations which are subject to known and unknown risks and uncertainties, including the risks that operations will be disrupted by the COVID-19 pandemic and the timing of profitable operations. RiceBran Technologies does not undertake to update the forward-looking statements in this press release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information may be found in RiceBran Technologies’ filings with the Securities and Exchange Commission, including its most recent periodic reports.

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