Financial Results and Outlook slide image

Financial Results and Outlook

Ingredients Platform Formation Execution External Experts Study 2017 M&A Lead Adjacency Hired Identification FruitSmart Acquisition 2018 2019 Capital Allocation Strategy Announced Process and Pipeline Buildout Ingredients Lead Hired Silva Acquisition 2020 Shank's Acquisition 2021 100+ actionable opportunities reviewed 10-15 through initial screening 3 transactions closed ~$380M total invested Fruit Smart™ Solutions. Naturally. January 2020 • $80M plus $16M facilities Fruit focus Concentrates, not-from- concentrate, essences, dehydrated Silva INTERNATIONAL • October 2020 $170M including facilities Vegetable focus Dehydrated ه SHANK'S EXTRACTS EST. 1899 October 2021 $100M plus $13M facilities • Vanilla focus with bottling and packaging • Extracts, flavors, colors, nutraceuticals 55
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