Calyxt and Agtegra Cooperative Announce Strategic Collaboration to Distribute Calyxt High Oleic Soybean

MINNEAPOLIS & ST. PAUL, Minn.–(BUSINESS WIRE)–Calyxt,
Inc.
(NASDAQ: CLXT) a consumer-centric, food and agriculture-focused
Company, and Agtegra Cooperative (Agtegra) announced today that Agtegra
will offer distribution, storage and transportation services for Calyxt
High Oleic Soybean to its customers. Agtegra is an innovative farmer
owned grain and agronomy cooperative serving over 6,300 farmer members
across North and South Dakota. They are the eighth largest ag retailer
in the United States.

This collaboration highlights the maturing of Calyxt’s business model
and proves that our unique Identity Preserved Program is attracting
world class partners that provide value to food brands, consumers and
farmers,” said Jim Blome, CEO of Calyxt. “Forming this relationship
allows us to expand our grower network and broaden our supply chain
capabilities to strongly position Calyxt with premier food companies
focused on large-scale commercialization of healthier food ingredients
for consumers.”

As part of this agreement, Calyxt and Agtegra will work together to
distribute Calyxt High Oleic Soybean seeds to the cooperative’s farmer
members in South Dakota and provide field services for proper placement
and agronomic advice during the growing season. The collaboration will
also include the storage and handling of Calyxt High Oleic Soybean grain
at Agtegra under the Calyxt Soybean Identity Preserved Program, and
logistics and transportation services for grain shipments. These
services will build upon the existing Calyxt grower base for the
Company’s next product launch by collaborating with some of the Agtegra
customers who also grow wheat, as well as elevators, to establish the
Calyxt Wheat Identity Preserved supply chain.

We are excited about this relationship, as it further acknowledges
Agtegra is at the forefront of bringing the latest in agricultural
innovation to our customers in the Dakotas,” said Chris Pearson, CEO of
Agtegra. “We look forward to working with Calyxt and our growers to help
them gain access to this value-added channel for their production. This
offering aligns perfectly with our mission.”

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, Minn., 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 the Cellectis S.A.

About Agtegra

Agtegra Cooperative is an innovative, farmer-owned grain and agronomy
cooperative with more than 6,300 active member-owners in eastern North
and South Dakota. In addition to offering grain and agronomy services,
Agtegra offers its members aerial application services, fuel, feed, and
precision ag hardware and software products and services.

Agtegra Cooperative promotes agricultural sustainability through the
best applications of science and technology in an effort to assist
farmers in the production of a safe, healthy and abundant supply of
grain in an economically viable system.

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, and Cellectis’ Annual
Report on Form 20-F and the financial report (including the management
report) for the year ended December 31, 2017 along with other Calyxt and
Cellectis 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.

Contacts

Calyxt
Media contacts
Jennifer Moore, VP
Communications
Phone: 917-580-1088
email: [email protected]

Sara
Grasmon
Bellmont Partners
612.255.1117
email: [email protected]

Investor
Relations contact

Simon Harnest, VP Corporate Strategy and
Finance
Phone: 646-385-9008
email: [email protected]

Agtegra
Tracy
Linbo, SVP Agronomy, Marketing and Communications
Phone:
605-725-8304
email: [email protected]

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