BlueNalu Appoints Director of Seasoned Foods Mary K. Wagner, Ph.D. to Board of Directors

SAN DIEGO-BlueNalu, a leading innovative food company developing a variety of seafood products directly from fish cells, today announced the appointment of Mary K. Wagner, Ph.D. as its first Independent Director . She brings a wide and diverse range of food industry leadership experience to BlueNalu and currently sits on the boards of public and private food companies.

Throughout his career, Dr. Wagner has served as a senior executive in many globally recognized food companies, overseeing food innovation, quality control/assurance, regulatory affairs, consumer research, and product development and technology commercialization. Her professional experiences include Starbucks Coffee Company, where she served as Senior Vice President of Global Product Innovation, Food Safety and Quality; Mars Inc., where she served as Chief Scientific Officer/CEO of Mars Botanical; E&J Gallo Winery, where she served as Director of Technology and Quality; Yum! Brands, where she was director of technology and quality for its Taco Bell subsidiary; and General Mills, where she served as vice president of R&D, quality/regulatory operations at their former subsidiary, Gorton’s Seafood. Dr. Wagner has been widely recognized by her peers and is a past president of the Institute of Food Technologists (IFT), the largest and most respected food technology organization in the world.

“The diversity and depth of Mary’s experiences in the food industry, as well as the breadth of her corporate governance experiences on the boards of public and private food companies, make her an outstanding candidate for our Board of Directors, and we are thrilled to have her join us as our first independent Board member,” said Lou Cooperhouse, Co-Founder, President and CEO of BlueNalu.” His business acumen in various areas of the food industry will allow him to support our aggressive growth plans at BlueNalu and become an invaluable mentor and resource to our team. We are thrilled to have his guidance on the board as we pursue our mission to create delicious, healthy and sustainable seafood.

Currently, Dr. Wagner sits on the board of various public and private companies, including Griffith Foods, a developer and manufacturer of custom food ingredients and solutions, and a strategic partner and investor in BlueNalu; holdings of premium brands; and Jones Dairy. She is also Chair of the Food Safety Advisory Board for Ecolab, a publicly traded company and global leader in water, hygiene and infection control. Dr. Wagner has an extensive background in corporate governance and is a member of the National Association of Corporate Directors (NACD) and a member of Women Corporate Directors (WCD).

“I have spent my entire career at the forefront of product innovation, and I look forward to applying my expertise at BlueNalu, where there is tremendous potential impact to help our environment and feed our planet in the decades to come. “, said Dr. Wagner. “BlueNalu has the right team, the right technology, at the right time that can transform seafood and result in a trusted global brand for sustainable, delicious and healthy cell-cultured seafood. I am thrilled to be part of an organization that is at the forefront of this exciting new food technology.

BlueNalu now has four members on its board, which also currently includes ten people who sit as observers on the board. In addition to newly appointed Mary Wagner, Ph.D., BlueNalu’s board of directors includes Lou Cooperhouse; Chris Kerr, chief investment officer at New Crop Capital and founding partner and CIO at Unovis Asset Management; and Chuck Laue, chairman of Stray Dog Capital.

Chris Kerr commented, “Creating an impactful and scalable brand is about more than bringing the first product to market. It starts with having the right team that can innovate and execute the required elements in pursuit of the company’s vision. We are excited about Mary’s significant experience leading and growing multinational companies and the strategic advice she will bring to BlueNalu as a result.

Chuck Laue also commented, “Bringing Mary on board during this important stage of BlueNalu’s development will help lay the solid foundation and establish sound corporate governance necessary for a product supply chain solution. truly scalable and equitable sea. I am excited to work alongside Mary and the rest of BlueNalu’s Board of Directors to help achieve the company’s mission.

Dr. Wagner has a passion for youth STEM education, the environment, and humanitarianism, as exemplified by his leadership in organizations such as Washington STEM, Peace Trees Vietnam, and Transforming Age. She was also appointed by the United States Secretary of Agriculture and served as Co-Chair of the USDA National Agricultural Research, Extension, Education, and Economics (NAREEE) Board of Directors. Dr. Wagner is a graduate of Harvard’s Management Development Program (PMD) and participates in Kellogg’s Family Governance Program. She holds a master’s degree in food technology and a bachelor’s degree in bacteriology from Iowa State University, as well as a doctorate from the University of Minnesota in food science and nutrition.

To learn more about BlueNalu, please visit www.bluenalu.com.

About BlueNalu

BlueNalu’s mission is to develop tasty, healthy, safe and reliable cell-cultured seafood products that support the sustainability and diversity of our ocean. BlueNalu is aligned with the United Nations Sustainable Development Goals, a blueprint for achieving a better and more sustainable future for our planet. BlueNalu began operations in 2018 and is based in San Diego, CA.

Forward-looking statements

This press release contains forward-looking statements, including, but not limited to, statements relating to the development and commercialization of BlueNalu’s products, the public launch of BlueNalu’s products, and the type and characteristics of products that BlueNalu will manufacture. These forward-looking statements are based on BlueNalu’s current expectations and inherently involve significant risks and uncertainties. BlueNalu assumes no obligation or obligation to update any forward-looking statements contained in this press release as a result of new information.

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