Distribution Agreement Extended Between Ingredion and SweeGen

RANCHO SANTA MARGARITA, Calif. and WESTCHESTER, Ill.– SweeGen, a nature-based sweetener company, and Ingredion Incorporated, a leading global provider of ingredient solutions to diversified industries, today announced an updated agreement that extends its relationship on a non-exclusive basis for three more years, while improving the ease of doing business with customers.

Ingredion and SweeGen were the first suppliers to commercialize Reb M by bioconversion in early 2017. Reb M is a non-caloric stevia sweetener that provides sweetness with a clean, sugar-like taste and enables food and beverage manufacturers to reduce sugar, without sacrificing taste. SweeGen’s unique production process starts with the stevia leaf and uses a patented bioconversion process to achieve high purity, clean-tasting Reb M and Reb D. Together, SweeGen and Ingredion have successfully helped customers formulate and launch innovative, no and low-sugar products in the U.S., Canada, Mexico, and Australia.

“The sugar reduction trend is shaping the way manufacturers formulate and extending our partnership with SweeGen allows Ingredion to continue to provide solutions which unlock the reduction in sugar to meet customer and consumer demands,” said Nate Yates, global sugar reduction platform lead, Ingredion. “Ingredion and SweeGen can now operate in a different structure enabling an enhanced customer experience.”

“Ingredion has been a global distributor for SweeGen and a great partner to support the commercialization of our next-generation stevia sweeteners,” said Katharina Pueller, director, natural sweetener business, SweeGen. “We are pleased to extend this partnership to continue to leverage each partner’s strengths, while eliminating unnecessary exclusivity barriers to execution.”

About Ingredion

Ingredion Incorporated (NYSE: INGR) headquartered in the suburbs of Chicago is a leading global ingredient solutions provider serving customers in more than 120 countries.  With annual net sales of nearly $6 billion, the Company offers a broad portfolio of sugar reduction ingredients, including high-potency sweeteners, polyols, soluble fibers, and recently introduced allulose, a rare sugar, which will be manufactured at its new facility in San Juan del Rio, Mexico. With robust formulation expertise and a segment specific approach, Ingredion is the partner of choice for developing sugar reduction solutions. For more information, visit Ingredion.com.

About SweeGen

SweeGen is dedicated to the development, production and distribution of non-caloric sweeteners for the food, flavor and beverage industries. SweeGen’s robust product pipeline, intellectual property portfolio, dedicated manufacturing capacity and R&D provide the Company its foundation for innovation and delivery of high-quality sweeteners. For more information please contact info@SweeGen.com and visit SweeGen’s website, SweeGen.com.