A Future Proof Greenyard

31 Greenyard has transformed and solidified its operational core business Management is determined to demonstrate improved resilience and increased predictability in its financial results, as such reconfirming and advancing its position as worldwide leader in fruit and vegetables with an extensive offering of fresh, frozen and prepared products & services and delivering promising benefits to all stakeholders. The following 6 major actions were taken by management to lay the foundation for a healthy, profitable future for Greenyard and will be monitored continuously in the future: 1 2 3 Strengthened the entire organisation and governance, intensified cooperation across countries and divisions, leveraged expertise & purchasing power Improved resilience to internal/external factors by a.o. more robust processes, long-term relations, diversification, improved planning & irrigation (weather) Operational excellence, continuous improvement mindset and quality leadership throughout the organization allowing Greenyard to excel within all relationships 16 2 5 34 Further develop asset base and production capabilities with high- ROCE investments a.o. in automation, capacity extension and quality & efficiency improvements Structural margin improvement through focus on higher-margin and more stable added value services & fast growing subsegments like convenience & organic Strategic shift from day-trading to longer- term, customer intimate collaborations, both in the traditional business and partnerships with top European retailers 6 5 4 Significant potential to further grow the business, enhance its profitability and stabilise cash flows on the back of supportive market trends GREENYARD

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