Save Foods Expands Global Footprint as it Kickstarts Seven Commercial Pilots with Leading Exporters in Peru

Neve Yarak, Israel — Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W) (“Save Foods” or the “Company”), an agri-food tech company specializing in eco crop protection that helps to reduce food waste and ensure food safety while reducing the use of pesticides, today announced the initiation of seven commercial pilots with leading Peruvian exporters, such as Agricola Cerro Prieto (ACP) and another multinational packer. The impact of Save Foods’ innovative treatments will be evaluated on avocados, berries and citrus fruits.

Fruit and vegetable exports in Peru exceeded $5.1 billion between January and November 2021. Peru currently ranks in the world’s top 10 fruit exporters. Grapes, blueberries and avocados drive this diverse country’s fruit export market, while the value of citrus and mango exports is growing exponentially. In 2020, the United States and the EU-28 accounted for more than 75% of Peru’s export destinations.

Daniel Gonzalez Hernandez, vice president of the Fruit and Vegetable Committee of the Business Association, hailed Peru’s burgeoning future as one of the world’s biggest fresh produce exporters. “Peru has the potential to become the planet’s main pantry. To achieve this potential, it’s vital to work hand in hand with the public sector, develop a food agro-export policy, improve the safety of our offering and enter new markets,” he said.

Dan Sztybel commented: “We are proud and excited to test our treatments with these companies. Our business strategy centers around countries that export to Europe and involve a long export journey, frequently consisting of thousands of miles. Keeping produce fresh for such long journeys is likely to require the use of pesticides, which are being banned in accordance with EU’s farm to fork initiative. This is where our competitive edge helps us — we can ensure businesses are EU-compliant because our treatments extend shelf life while reducing the use pesticides.”

About Save Foods:

Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agri-food tech industry: food waste and loss and food safety. We are dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with our customers, we develop new solutions that benefit the entire supply chain and improve the safety and quality of life of both the workers and the consumers alike. Our initial applications are in post-harvest treatments in fruit and vegetable packing houses processing produce including citrus, avocado, pears, apples and mangos.

By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods treatment not only prolong fresh produce shelf life and reduce food loss and waste, but they also ensure a safe, natural, and healthy product.

For more information visit our website: SAVE FOODS – SAVE FOODS

Forward-looking Statements:

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, we are using forward-looking statements in this press release when we discuss, among other things, commercial pilots in Peru with several leading exporters, the potential of the Peruvian market and the benefits of our products. Because such statements deal with future events and are based on our current expectations, they are subject to various risks and uncertainties. Actual results, performance or achievements could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including market conditions and the satisfaction of all conditions to, and the closing of, the offering, as well as those discussed under the heading “Risk Factors” in Save Foods’ annual report on Form 10-K filed with the SEC on March 29, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, we undertake no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. We are not responsible for the contents of third-party websites.