Press release
INTERNATIONAL

BEYOND MEAT™ EXPANDS PRESENCE IN CHINA BY PARTNERING WITH LEADING CONVENIENCE STORE CHAIN LAWSON

May 16, 2022

Beyond MeatExpands Presence in China by Partnering with Leading Convenience Store Chain Lawson

Two plant-based lunch boxes – the Plant-based Spaghetti and the Plant-based Mixed Rice with Vegetables, will become available in more than 2,300 Lawson stores in Jiangsu, Zhejiang, Shanghai, and Anhui starting May 16

Shanghai, China – May 16, 2022 - Beyond Meat, Inc. (NASDAQ: BYND), a leading plant-based meat company, has announced a new partnership with Lawson, a leading convenience store chain. Together they will roll out two plant-based lunch box products, the Plant-based Spaghetti and the Plant-based Mixed Rice with Vegetables, across all Lawson stores in Jiangsu, Zhejiang, Shanghai and Anhui starting May 16. The launch marks the first partnership between Beyond Meat with a convenience store chain in China, making plant-based meat even more convenient for on-the-go consumers and accessible to millions of consumers in some of the most populated cities in Eastern China.

With more than 2,300 stores across Jiangsu, Zhejiang, Shanghai and Anhui, Lawson will offer consumers two ready-made, convenient lunch boxes made with Beyond Meat’s delicious, nutritious, and sustainable plant-based meat. As the first international convenience store brand in the Eastern China market, Lawson remains one of the largest convenience store chains in the region and with this launch, offers working professionals, college students and urban trendsetters an easy and seamless way to enjoy plant-based protein options that are both better for them and the planet. 

Lawson’s newly created plant-based Spaghetti dish features Beyond Pork™, Beyond Meat’s first plant-based meat created specifically for the Chinese market. Beyond Pork is a rich source of protein with 18.5g per 100g serving, and is made from simple, plant-based ingredients. Beyond Pork is designed to deliver the great taste, juiciness, and versatility similar to animal-based ground pork, and has 15.6g of fat per 100g serving, while the traditional pork has 30.1g of fat per 100g serving*.

The mixed rice dish features Beyond Beef™, a product designed to deliver the great taste, juiciness, and versatility similar to animal-based ground beef, and is a rich source of protein with 17g per 100g serving. Beyond Beef has 16.8g of fat per 100g serving, while the traditional chuck beef has 31.7g of fat per 100g serving**

Beyond Beef and Beyond Pork are proudly produced in Beyond Meat's local manufacturing facility in the Jiaxing Economic and Technological Development Zone (JXEDZ), which enables the company to better serve Chinese customers and improve the efficiency and sustainability of its operations. The Plant-based Spaghetti and Plant-based Mixed Rice with Vegetables are priced at 14.9 yuan and 17.9 yuan, respectively, offering an accessible price point that enables even more consumers to incorporate plant-based meat into their everyday routines

Beyond Meat products are also available at such retailers as the City Shop and Sam's Club, as well as on China’s three major e-commerce platforms - JD.com, Tmall, and Pinduoduo. Beyond Meat has also launched high-profile food-service partnerships with Starbucks China, as well as with well-known names in China's dining scene, including Jindingxuan, and Slow Boat Brewery. 

*Reference: China Food Nutritional Guidance, Standard Version Issue Two, pork (representative value, fat 30g), contains 30.1g of fat (per 100g serving).

**Reference: China Food Nutritional Guidance, Standard Version Issue Two, beef (chuck beef), contains 31.7g of fat (per 100g serving). 

-ENDS-

Media Contacts

China: [email protected] 

About Beyond Meat

Beyond Meat, Inc. (NASDAQ:BYND) is a leading plant-based meat company offering a portfolio of revolutionary plant-based meats. Founded in 2009, Beyond Meat products are made from simple, plant-based ingredients and designed to have a similar taste and texture as animal-based meat, while being a nutritious and environmentally-friendly option. Beyond Meat’s brand commitment, Eat What You Love™, represents a strong belief that there is a better way to feed our future and that the positive choices we all make, no matter how small, can have a great impact on our personal health and the health of our planet. By shifting from animal-based meat to plant-based meat, we can positively impact four growing global issues: human health, climate change, constraints on natural resources and animal welfare. As of December 2021, Beyond Meat had products available at approximately 130,000 retail and foodservice outlets in over 90 countries worldwide. Visit beyondmeatchina.com.cn, follow @别样肉客BeyondMeat on Sina Weibo, and scan the QR code below to follow us on WeChat.

Beyond Meat Forward Looking Statements 

Certain statements in this release constitute “forward-looking statements.” Forward-looking statements include statements regarding the company’s growth plans, and are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 2, 2022, as well as other factors described from time to time in Beyond Meat’s filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements.

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