Arcadia Biosciences Announces Passing of Board Chairman George Gosbee

DAVIS, Calif.–(BUSINESS WIRE)–Arcadia Biosciences, Inc. (Nasdaq: RKDA), an agricultural technology
company, announced with great sadness that George Gosbee, chairman of
the board, died suddenly yesterday.

Gosbee joined the Arcadia board in May 2015 and was appointed chair in
November 2016. He was the chairman and CEO of AltaCorp Capital and the
former chairman, president and CEO of Tristone Capital Global Inc. His
career spanned over 20 years in corporate finance, investment banking
and global capital markets.

“We are stunned and saddened by the news of George’s untimely passing,
and our heartfelt condolences go out to his family, friends and
colleagues,” said Raj Ketkar, president and CEO. “George joined our
board just after our IPO and was a strong influence in developing and
driving the company’s growth strategy. His wisdom and leadership will be
greatly missed.”

The board of directors will meet soon to appoint a new chair.

About Arcadia Biosciences, Inc.

Based in Davis, Calif., Arcadia Biosciences (Nasdaq: RKDA) develops
agricultural products that create added value for farmers, enhance human
health and improve the environmental sustainability of agriculture.
Arcadia’s nutrition traits and products are aimed at creating healthier
ingredients and whole foods with lower production costs. Arcadia’s
agronomic performance traits, including Nitrogen Use Efficiency, Water
Use Efficiency, Salinity Tolerance, Heat Tolerance and Herbicide
Tolerance, are all aimed at making agricultural production more
economically efficient and environmentally sound. For more information,
visit www.arcadiabio.com.

Contacts

Arcadia Biosciences, Inc.
Jeff Bergau, +1-312-217-0419
jeff.bergau@arcadiabio.com