NIKKEI ASIA AWARD: Shiok Meats Becomesthe 1st WinnerJanuary 11, 2022 ⒝ Nikkei Inc., Japan⒢s largest media group and publisher, announced that aSingaporean food tech company, Shiok Meats (CEO Sandhya Sriram), has been named thewinner of the inaugural "NIKKEI ASIA AWARD.⒥ Founded in 2018, Shiok Meats is involved in thedevelopment of lab-cultured seafood such as shrimp and crab. Nikkei will present a prize of 5
million yen and a trophy to Shiok Meats, and it will invite the founder to speak at the 27thInternational Conference on the "Future of Asia," which is scheduled to be held in May 2022.

Singapore cultured seafood startup wins Nikkei Asia Award
After careful consideration of diverse
viewpoints from various parts of Asia, theNIKKEI ASIA AWARD winnowed down thechoice of this year⒢s awardee to a single
torchbearer of innovation: Shiok Meats.
Through its technologies and products
specializing in cultivated foodstuffs that arebeloved by Asians, Shiok Meats aims tosolve problems of food scarcity and toreduce heavy tolls on the global environment. Nikkei believes that these goals have earned
the company esteem and represent true innovation.
Shiok Meats was founded by two women who were studying stem cells and met ascolleagues at Singapore's Agency for Science, Technology and Research (ASTAR). They
immediately succeeded in developing lab-grown shrimp, crab and lobster and are now
working towards commercial production of these foods.
Photo: Shiok Meats co-founders CEO Sandhya Sriram (left) and Chief Technology Officer Ling
Ka Yi (right)

About the NIKKEI ASIA AWARD
The NIKKEI ASIA AWARD is an award project established by Nikkei in May 2021 to promote thetransformation of Asia and the world and to support the realization of a free and prosperous
economic society. In 2021, Nikkei ended the "Nikkei Asia Prizes," which had been awarded
every year since 1996, and it shifted to commend individuals or groups, selecting the leaders of

"Innovation originating in Asia" from an "Asian perspective" based on diverse values. Selection
is conducted once each year for fields such as business, research, technological development
and social/artistic activities. An individual or a group responsible for a single activity is chosen
as the winner annually. The prize is five million yen.
⒤Innovation from Asia⒥ involves any novel and innovative activities that are started in Asia andled by people from and living*1 in Asia*2, creating a free and prosperous society by revitalizing
the region and improving lives.

*1: Japanese individuals and groups consisting only of Japanese citizens will be excluded.
*2: For the NIKKEI ASIA AWARD, the following regions are referred to as "Asia":
East Asia (Korean Peninsula, China, etc.)

Southeast Asia (ASEAN member countries, etc.)

Southwest Asia (Indian subcontinent countries)

Independent nations in the Asia-Pacific region

About the Advisory Board
In order to reflect the diversity of perspectives in Asia, Nikkei has established the Advisory Boardfor the NIKKEI ASIA AWARD. The group consists of ten experts from Asian countries, including
Japan. Nikkei appoints experts from nations and regions with shared values such as democracy,
liberalism and market economy.
Advisory Board Members
Chairman:
Fujio Mitarai
Chairman & CEO of Canon Inc.

Members:
Brahma Chellaney
Professor, Strategic Studies at the Center for Policy Research in New DelhiChung, Un Chan
Former Prime Minister of the Republic of Korea



Kayoko Hayashi
President, Tokyo University of Foreign Studies

Masami IijimaCounselor, Mitsui & Co., Ltd.

Shinichi Kitaoka
President, Japan International Cooperation Agency (JICA)

Takehiko Nakao
Chairman of the Institute at Mizuho Research & Technologies, Ltd.

Tetsuo Kitani
Professor/Chair of Innovation Management Science (IMS) Lab,
Office of Society-Academy Collaboration for Innovation, Kyoto University

Soh Wai Lin, Christina
Dean, College of Business (Nanyang Business School),Nanyang Technological UniversitySomkiat Tangkitvanich
President, Thailand Development Research Institute (TDRI)*Members are listed in alphabetical order.

Winner Selection Schedule
An open call for nominations is posted on the official website once each year.
Self-nominations are not accepted.
Nomination of candidates for the 2nd NIKKEI ASIA AWARD is scheduled to begin inFebruary 2022.

The winners will be announced in December every year.

NIKKEI ASIA AWARD
https://www.nikkeiasiaaward.org/

About Nikkei
Nikkei is a world-renowned media brand for Asian news, respected for quality journalism and for being a trusted
provider of business news and information. Founded as a market news provider in Japan in 1876, Nikkei has growninto one of the world⒢s largest media corporations, with 37 foreign editorial bureaus and approximately 1,500
journalists worldwide. Nikkei acquired the Financial Times in 2015.
Contact
Public Relations Office, Nikkei Inc.
pr@nex.nikkei.co.jp
https://www.nikkei.co.jp/nikkeiinfo/en/