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Christopher J. Neugent, a Leader of the Food Industry, Joins Calyxt Board of Directors

September 17, 2018

MINNEAPOLIS & ST. PAUL, Minn.--(BUSINESS WIRE)--Sep 17, 2018--Calyxt, Inc. (NASDAQ: CLXT) announced today that Christopher J. Neugent, Executive Vice President of Strategy of Post Holdings, Inc. (NYSE: POST), joined its board of directors.

Mr. Neugent has nearly three decades of experience in the consumer packaged goods and food industries, including as President and CEO of Post Consumer Brands and as Chairman and CEO of MOM Brands, which was purchased by Post Holdings in 2015.

“Mr. Neugent’s industry expertise and executive leadership will be invaluable to Calyxt during a pivotal time in our growth as we are heading to our first commercial launch of a product to market, our high oleic soybean oil” said Dr. André Choulika, Chairman of Calyxt’s Board of Directors. “Chris’ extensive and varied board experience with Welch Foods, Second Harvest Heartland, University of Minnesota’s Carlson School of Management and Enactus, along with his strategic vision and deep insight into consumer brands, will be a huge asset as we accelerate in the development of our product pipeline and engage in new and innovative research and development to bring healthier food to consumers.”

“The future of food production is contingent upon developing foods that are cost-effective and nutritionally rich for consumers, and at the same time sustainable and environmentally friendly,” added Mr. Neugent. “I wholeheartedly believe that Calyxt’s work as a leader in bringing healthier food choices to market will be critical in paving a path forward for the industry, and I look forward to contributing my experience to the Company’s board.”

Mr. Neugent, 57, has served as the Executive Vice President of Strategy for Post Holdings, Inc. since July 2018. Prior thereto, he served as President and CEO, Post Consumer Brands, from November 2015 until July 2018. Previously, Mr. Neugent served as the President and Chief Executive Officer of MOM Brands Company since May 2015, when Post acquired MOM Brands Company. From 2001 until the acquisition, Mr. Neugent served in various roles at MOM Brands Company, most recently as Chairman and CEO. Mr. Neugent has served on the Board of Directors of Welch Foods Inc. since February 2016. He holds a Bachelor of Arts degree in economics from Princeton University and completed the Advanced Management Program at the Wharton School of Business.

About Calyxt

Calyxt, Inc. is a consumer-centric, food- and agriculture-focused company. Calyxt is pioneering a paradigm shift to deliver healthier food ingredients, such as healthier oils and high fiber wheat, for consumers and crop traits that benefit the environment and reduce pesticide applications, such as disease tolerance, for farmers. Calyxt develops non-transgenic crops leveraging processes that occur in nature by combining its leading gene-editing technology and technical expertise with its innovative commercial strategy. Calyxt is located in Minneapolis-St. Paul, MN, and is listed on the Nasdaq market (ticker: CLXT).

For further information please visit our website: www.calyxt.com Calyxt™ and the corporate logo are trademarks owned by Calyxt, Inc. TALEN® is a registered trademark owned by Cellectis S.A.

Forward-Looking Statements

This communication contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue,” the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include projections of our future financial performance, our anticipated growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward- looking statements, including those factors discussed under the caption entitled “Risk Factors” in Calyxt’s Annual Report on Form 10-K, along with other Calyxt subsequent filings with the U.S. Securities and Exchange Commission. We do not assume any obligation to publicly provide revisions or updates to any forward- looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by applicable laws.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180917005688/en/

CONTACT: Media

Calyxt, Inc.

Jennifer Moore, 917-580-1088

VP Communications

media@calyxt.com

or

KCSA Strategic Communications

Caitlin Kasunich / Nick Opich

212-896-1241 / 212-896-1206

ckasunich@kcsa.com/nopich@kcsa.com

or

Investor Relations

Calyxt, Inc.

Simon Harnest, 646-385-9008

VP Corporate Strategy and Finance

simon.harnest@calyxt.com

KEYWORD: UNITED STATES NORTH AMERICA MINNESOTA

INDUSTRY KEYWORD: NATURAL RESOURCES AGRICULTURE RETAIL FOOD/BEVERAGE OTHER RETAIL

SOURCE: Calyxt, Inc.

Copyright Business Wire 2018.

PUB: 09/17/2018 04:30 PM/DISC: 09/17/2018 04:30 PM

http://www.businesswire.com/news/home/20180917005688/en

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