RUSH TRANSCRIPT The first ░░░░░░░░ shipment of emergency baby ░░░░░░░░ will hit southern California ░░░░░░░░ next week The company ░░░░░░░░ Australia struck a deal ░░░░░░░░ import the floor and ░░░░░░░░ fourth flight of operation ░░░░░░░░ formula And joining us ░░░░░░░░ morning is the company ░░░░░░░░ founder and CEO christy ░░░░░░░░ Thank you for being ░░░░░░░░ and thank you for ░░░░░░░░ you are doing four ░░░░░░░░ here in southern California ░░░░░░░░ across the U S ░░░░░░░░ morning It s wonderful ░░░░░░░░ be here A few ░░░░░░░░ ago the FDA asked ░░░░░░░░ suppliers to help out ░░░░░░░░ the formula shortage This ░░░░░░░░ not happen overnight Can ░░░░░░░░ walk us through the ░░░░░░░░ process How challenging was ░░░░░░░░ Yes bubs actually already ░░░░░░░░ our toddler milk products ░░░░░░░░ on shelf for sale ░░░░░░░░ have been coming to ░░░░░░░░ This is my third ░░░░░░░░ since Christmas and we ░░░░░░░░ a whole team on ░░░░░░░░ ground We have really ░░░░░░░░ watching the shortages and ░░░░░░░░ crisis under fold We ░░░░░░░░ that we had infant ░░░░░░░░ product back home we ░░░░░░░░ offer We knew our ░░░░░░░░ met the FDA standards ░░░░░░░░ same nutrient requirements that ░░░░░░░░ required here in the ░░░░░░░░ As soon as the ░░░░░░░░ opened up the sort ░░░░░░░░ flexibility framework for imported ░░░░░░░░ to apply the bubs ░░░░░░░░ got into action and ░░░░░░░░ all of our applications ░░░░░░░░ were approved So it ░░░░░░░░ wonderful to now be ░░░░░░░░ this position to bring ░░░░░░░░ on the operation fly ░░░░░░░░ our first shipment We ░░░░░░░░ the shipments arriving at ░░░░░░░░ here Once your company ░░░░░░░░ the approval can you ░░░░░░░░ about the logistics of ░░░░░░░░ bubs into the U ░░░░░░░░ as we look at ░░░░░░░░ shipments being offloaded from ░░░░░░░░ plane We did Luckily ░░░░░░░░ own our own facility ░░░░░░░░ we are a vert ░░░░░░░░ integrated business so we ░░░░░░░░ able to switch our ░░░░░░░░ to run into high ░░░░░░░░ Normally a normal week ░░░░░░░░ would run one shift ░░░░░░░░ to six days a ░░░░░░░░ Ever since we were ░░░░░░░░ up for the U ░░░░░░░░ market we have been ░░░░░░░░ at 24 7 to ░░░░░░░░ able to supply this ░░░░░░░░ of infant formula So ░░░░░░░░ know what we ve ░░░░░░░░ achieved collectively working with ░░░░░░░░ Biden Administration and all ░░░░░░░░ the logistics partners really ░░░░░░░░ take a three to ░░░░░░░░ month process and we ░░░░░░░░ it off in three ░░░░░░░░ four weeks It was ░░░░░░░░ a feat seeing all ░░░░░░░░ the infant formula loaded ░░░░░░░░ to the plane the ░░░░░░░░ night and seeing it ░░░░░░░░ landing in L A ░░░░░░░░ So we have another ░░░░░░░░ coming in on Thursday ░░░░░░░░ then we will continue ░░░░░░░░ keep this level of ░░░░░░░░ so we can keep ░░░░░░░░ stable quality of supply ░░░░░░░░ is incredible and much ░░░░░░░░ A lot of parents ░░░░░░░░ be wondering about the ░░░░░░░░ What is the difference ░░░░░░░░ international brands of baby ░░░░░░░░ and the brands that ░░░░░░░░ made here in the ░░░░░░░░ S There are some ░░░░░░░░ between different formulas around ░░░░░░░░ world and bubs Australia ░░░░░░░░ been feeding babies for ░░░░░░░░ years he over 1 ░░░░░░░░ in that time and ░░░░░░░░ export to 10 different ░░░░░░░░ besides our home market ░░░░░░░░ Australia Although each market ░░░░░░░░ its own slight differences ░░░░░░░░ formulation I guess the ░░░░░░░░ thing to know is ░░░░░░░░ parents are the same ░░░░░░░░ around the world You ░░░░░░░░ we want the best ░░░░░░░░ for our children And ░░░░░░░░ think where bubs products ░░░░░░░░ stand out it is ░░░░░░░░ we are the clean ░░░░░░░░ experts In fact we ░░░░░░░░ one of few formula ░░░░░░░░ in America to be ░░░░░░░░ with the clean label ░░░░░░░░ award So the nutrients ░░░░░░░░ the requirements in Australia ░░░░░░░░ the U S are ░░░░░░░░ very similar in how ░░░░░░░░ nutrient profile is made ░░░░░░░░ We have a few ░░░░░░░░ differences in the ingredients ░░░░░░░░ use certainly at bubs ░░░░░░░░ don t like to ░░░░░░░░ malodextrin or corn syrup ░░░░░░░░ like to combine the ░░░░░░░░ of full fat full ░░░░░░░░ milk in our formulas ░░░░░░░░ get that original source ░░░░░░░░ nutrition Overall I think ░░░░░░░░ parents will really just ░░░░░░░░ a very similar quality ░░░░░░░░ product to what they ░░░░░░░░ find here And we ░░░░░░░░ that bubs will be ░░░░░░░░ starting next week Can ░░░░░░░░ tell us where parents ░░░░░░░░ find it That s ░░░░░░░░ The plan is to ░░░░░░░░ the products on shelf ░░░░░░░░ even a week We ░░░░░░░░ working with the first ░░░░░░░░ is being distributed to ░░░░░░░░ group So here in ░░░░░░░░ A ralphs and food ░░░░░░░░ less supermarkets as well ░░░░░░░░ albertsons the bond supermarkets ░░░░░░░░ any of those banners ░░░░░░░░ the nation Thank you ░░░░░░░░ much for waking up ░░░░░░░░ with us spending time ░░░░░░░░ us with bubs international ░░░░░░░░ great to see you ░░░░░░░░ we really appreciate what ░░░░░░░░ are doing for families ░░░░░░░░ over the country.