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Riceland, Purina & Arva Intelligence Announce Partnership for Sustainably Grown Rice

Stuttgart, Ark. | Riceland Foods, Inc. and Nestlé Purina PetCare (Purina) announced a new partnership to incentivize Riceland farmer-members to grow rice using sustainability practices starting in 2023. Purina will invest more than $1.5 Million over four years in the Riceland-Nestlé Purina PetCare Sustainable Rice Program. This investment will help Riceland farmer-members with the adoption of environmentally friendly practices, which often take added time and resources that can make implementation difficult. Purina will receive Scope 3 Greenhouse Gas emission reductions that result from the updated farming practices by participating Riceland farmer-members. Riceland Director of Sustainability Adam Shea said the Purina partnership is a step toward building momentum for Riceland’s Carbon Ready™ Program. “The success of a program like this leans heavily on the partnership and their collective ability to bring value to the overarching goal,” Shea said. “As a farmer-owned cooperative, Riceland is uniquely positioned to connect sustainable impacts made at the farm level to consumers and end users.” Providing proof of Scope 3 GHG emission reductions is no simple task. Riceland’s partnership with Arva Intelligence makes it possible. As part of the Riceland Carbon Ready™ program, Arva Intelligence will quantify the carbon reductions associated with the various sustainable farm practices in the Riceland-Nestlé Purina PetCare Sustainable Rice Program to provide the proof necessary for Purina to receive associated Greenhouse Gas Emission credits, reducing the company’s overall GHG emissions.

“This collaboration with Riceland and Arva Intelligence is another example of our commitment to both rice farmers and the importance of their agriculture stewardship in helping to make the world a better place,” said Jack Scott, VP of Sustainable Sourcing at Nestlé Purina. “Sustainable rice is relevant to meeting market demands as much as meeting the bold environmental goals we set-out to achieve, which includes a goal of Net Zero by 2050.” Riceland’s partnership with Arva Intelligence is key to the Riceland-Nestlé Purina PetCare partnership’s success. “We are thrilled to be part of this partnership to promote our shared commitment to long-term sustainability,” Arva Intelligence CEO and Co-Founder Jay McEntire said. “This is a ground-breaking approach to reward farmers for their tireless efforts to produce quality rice, as well as generate environmental benefits. Arva’s technology quantifies the environmental benefits from sustainable practices allowing Riceland members to supply Nestlé with carbon reduction benefits to meet their goal to halve greenhouse gas emissions by 2030.” The Riceland Carbon Ready Program™ is the gateway program for the cooperative’s farmer members to become eligible for incentives for sustainable practices on farm. For more information regarding the Riceland- Nestlé Purina PetCare Sustainable Rice Program partnership and the Riceland Carbon Ready Program™, please contact Kevin McGilton at kmcgilton@riceland.com. About Riceland Foods, Inc Riceland Foods is the world’s largest miller and marketer of rice serving 5,500 farmer members in Arkansas and Missouri. As a farmer-owned cooperative, Riceland stores, transports, processes and markets more than 2.5 million metric tons of grain each year, and its products are sold across the United States and in 75 countries. It’s also one of the Mid-South’s major soybean processors. Riceland products include white, brown and parboiled rice, rice bran oil, soybean meal and oil and feed ingredients. Learn more at: Riceland.com. About Arva Intelligence Arva Intelligence is a Houston-based data company powering agronomic optimization and environmental market solutions. Arva leverages field data to improve yield, lower cost, reduce risk, and maximize the value between environmental stewardship and economic profit. By providing a clear pathway for the supply and demand sides of the carbon and sustainability markets to interact, engage, and transact, Arva is uniquely positioned to facilitate agriculture’s massive role in the global journey to carbon neutrality. For more information, visit www.arvaintelligence.com.

# # # Media Contact: Jay McEntire CEO & Co-Founder Arva Intelligence Corp. j.mcentire@arvaintelligence.com (512) 426-4612

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