-One million dollars for the Omnipreneurship Awards Challenge to drive innovation in sustainable food production

Reduce reliance on imported feed, in line with the Kingdom's self-sufficiency and food security goals under the Vision 2030 agenda, and sponsorship from the Ministry of Environment, Water and Agriculture

Promote innovative and environmentally friendly technological solutions that enable local production and the use of renewable and sustainable sources of feed in line with ideal locations in the kingdom and to maintain natural resources

· The grand prize is endowed with $1 million, while the prize for each of the five shortlisted candidates is set at $20,000

RIYADH, Saudi Arabia, Nov. 9, 2022 /PRNewswire/ -- Tanmiah Food Company ("Tanmiah" or the "Company", 2281 on the Saudi Stock Exchange), a leading supplier of fresh and processed poultry and other products to the market meat, feed and health products, and food brand franchise operator, announced the launch of another edition of the Omnipreneurship Awards Sustainability Challenge in October.

The challenge seeks innovative technological solutions that allow the transition from imported feed based on corn and soy to raw materials for sustainable feed, respectful of nature and produced locally, to contribute to local production by obtaining renewable sources of food and sustainable. Tanmiah currently consumes more than 300,000 metric tons of feed, of which 100% is imported.

To mitigate the current reliance on imported feed, align with self-sufficiency and food security goals in Saudi Arabia, and contribute to Vision 2030, we aim to provide a solution that enables Tanmiah to produce feed locally, profitably, on an industrial scale. , in a positive way for nature and in a sustainable way".

Tanmiah CEO Zulifqar Hamadani said: "The Omnipreneurship Awards Sustainability Challenge is another critical step we are taking towards our strategic goal of becoming a carbon neutral organization. Driven by our commitment to align our business operations with one of the Saudi Vision Realization Programs, the National Transformation Program, we are delighted to offer an opportunity for leading industry experts and other innovative academics to showcase innovative solutions to conserve the environment."

Ahmed Sharaf Osilan, Executive Board Member and CEO of Tanmiah added: "Following the tremendous success of the Challenge in 2020, which saw 93 people from 41 countries participate, competing to reduce carbon emissions from food production and generating business value from production waste, and the announcement of the $1 million grand prize winner, Polymeron, under the patronage of His Excellency the Minister for Environment, Water and Agriculture, we look forward to further innovative initiatives The Challenge is in line with the National Transformation Agenda, a key pillar of Saudi Vision 2030, Tanmiah is committed to becoming a more socially responsible corporate citizen, continuing to play a pioneering role in food security and self-sufficiency goals. of the Kingdom."

Those interested in participating in the Omnipreneurship Awards Challenge 2022 and who wish to show their innovative ideas for the sustainable production and use of poultry feed, can register through the following link: https://www.omnipreneurshipawards.com/ .

Queries:

Mohammed TariqHead of SustainabilityTanmiah Food CompanyTel: 966 50 067 4632Email: muhammad.tariq@tanmiah.comP.O. Box 86909Riyadh 11632, Kingdom of Saudi Arabia www.tanmiah.com

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