A Future Proof Greenyard

9 Unique combination | With its unique combination, the 3 divisions are strengthening each other a.o by cross-supplying services and produce Thanks to the harsh situation in AY1819, the Transformation Office has identified significant synergy potential across the 3 divisions which are currently being harvested. In addition, the company culture has changed, and people prove much more open to cooperate and do business together Fresh Current Group synergies ► Leverage Group expert functions to optimise economies of scale Cross-divisional collaboration with concrete initiatives ►Share best practices to make optimal use of the extensive knowledge available within the Group ► See examples (within circle right) of services/produce which are supplied among the divisions ► Prepared sauces used in Fresh meal kits ►Supply of Fresh apples during shortage at Prepared Prepared ► Asset-light frozen fruit strategy (e.g. Tesco) thanks to Fresh grower network ► Fresh logistic services offered to Frozen PL Reduce waste by processing rejected fresh fruit in Frozen GREENYARD Frozen vegetables used for prepared products (e.g. sauces, pea & carrot mixes, etc.) Frozen Future Opportunities ► Cross-divisional strategy and collaboration on convenience segment ►Shared R&D and new product development ► Leverage existing Fresh partnerships for potential Long Fresh collaborations and vice versa ▸ Several new ideas on intra division supply such as frozen litchi, avocado for guacamole sauce, etc. Expected trend towards one F&V category (Fresh, Frozen, Prepared) at retailers offering F&V in the most appropriate form to meet consumer needs. A group like Greenyard, covering all three segments, is best positioned to optimize and supply a full F&V assortment for each consumption moment. GREENYARD

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