Call to action comes as company marks 10 years of its leading Common Grounds farmer programmes PRESS RELEASE Amsterdam, October 1, 2025 This International Coffee Day, JDE Peet’s (EURONEXT: JDEP) celebrates ten years of its pioneering Common Grounds farmer programmes and calls on the coffee industry to urgently implement the Regenerative Agriculture Coffee Roadmap, securing the future of coffee. The call to action comes as global coffee supplies have been hit by worsening climate conditions, including unseas ...

Financial Data and Key Metrics Changes - Fiscal 2025 results did not meet expectations, with organic net sales and adjusted operating profit falling short, despite exceeding cost savings and free cash flow conversion goals [4][5][10] - Delivered savings totaling 5% of cost of goods, which is at the top of the industry, helping to offset input cost inflation [5][6] - Strong free cash conversion in fiscal 2025 allowed the company to return $2.5 billion to shareholders through dividends and share repurchases [6] Business Line Data and Key Metrics Changes - The North America yogurt business was divested, and White Bridge Pet Brands was added to the North America Pet segment, focusing on categories with stronger long-term growth opportunities [6][8] - The company has turned over 30% of its net sales base since fiscal 2018, contributing more than a point of growth to projected long-term category growth exposure [6][10] Market Data and Key Metrics Changes - In Q1 fiscal 2026, there was a low single-digit decline in organic net sales and a double-digit decline in adjusted operating profit and adjusted diluted earnings per share [10][11] - The company expects declines to continue in Q2 before improving in the second half and returning to growth in Q4 [11] Company Strategy and Development Direction - The Accelerate strategy remains the framework for driving long-term growth and returns for shareholders, focusing on restoring volume-driven organic sales growth in fiscal 2026 [4][8] - Three priorities for fiscal 2026 include returning the North America Retail segment to volume growth, accelerating growth in North America Pet, and driving efficiencies to reinvest in growth [8][9] - The Remarkable Experiences Framework will assess brands across five dimensions to identify strengths and opportunities for improvement [9] Management's Comments on Operating Environment and Future Outlook - The management acknowledges a challenging macro-economic backdrop and value-seeking consumer behavior impacting top-line results [5][7] - The company is focused on balancing reinvestment for long-term growth with cost savings to fund that growth [8][11] - Confidence in the ability to deliver fiscal 2026 goals is emphasized, supported by strong brands and industry-leading capabilities [11] Other Important Information - The company reported preliminary voting results indicating that all management proposals were approved, while both shareholder proposals failed to gain majority support [24][25] Q&A Session Summary Question: Approach to supporting healthy diets and providing nutrient information - The company has a long history of providing access to important nutrition and has consistently evolved its portfolio to improve nutritional characteristics [28] Question: Thoughts on transformational M&A activity in the food industry - The company maintains an always-on M&A capability and will continue to look for opportunities to upgrade the growth profile through acquisitions and divestitures [30] Question: Global transformation initiative and expected savings - The global transformation initiative is designed to enhance processes and free up resources for reinvestment, with savings expected to be utilized for growth investments [31]

Core Insights - The program directly engages with farmers in Alabama, Georgia, and Florida to support agricultural practices that protect and improve natural resources while also reducing and removing greenhouse gases [1] Group 1 - The initiative focuses on sustainable agriculture practices [1] - The program aims to enhance natural resource management [1] - The effort includes reducing greenhouse gas emissions [1]

Core Insights - Replenish Nutrients is advancing discussions to develop a pelletized version of its proprietary fertilizer and exploring licensing agreements, which could significantly expand market reach and generate attractive cash flows without major capital investments [2][4] - The company reaffirmed its CA$7 million ERA grant for the DeBolt facility, contingent upon securing remaining financing, highlighting the project's importance and reducing risk for the next expansion phase [3] - Replenish reported improved Q2 revenues, stronger gross profit margins, and reduced operating costs, driven by higher volumes and favorable pricing, with the Beiseker facility expected to reach a full capacity of 2,000 tonnes per month, representing an annual revenue run-rate of CA$13–16 million with approximately 30% gross margins [4][5] Strategic Developments - Licensing and partnership opportunities are being pursued to accelerate distribution and broaden market applications [8] - The ongoing production ramp-up at Beiseker is expected to drive cash flow and profitability [8] - Strategic funding support through the ERA grant for the DeBolt project is in place, which is crucial for the company's growth initiatives [8] Market Position - Replenish Nutrients is positioned as a rising leader in sustainable farming solutions, benefiting from the global momentum of regenerative agriculture [6] - The company is entering the second half of 2025 from a position of strength, with multiple catalysts converging, including improved financial performance and a promising pipeline of initiatives [5]

Core Viewpoint - PepsiCo has made significant progress in its sustainability and nutrition goals as part of its pep+ (PepsiCo Positive) initiative, demonstrating a commitment to embedding sustainability into its business operations [1][3][4]. Group 1: Sustainability Goals - The company has spread the adoption of regenerative agriculture, restorative, or protective practices across 3.5 million acres, equivalent to more than two million American football fields [2][5]. - PepsiCo sourced 89% of its global electricity needs for company-owned operations from renewable sources, reducing Scope 1 and 2 greenhouse gas emissions by 18% compared to its 2022 baseline [12]. - The company replenished approximately 24 billion liters of water back into local watersheds, equivalent to 9,600 Olympic-sized pools, and has helped over 96 million people gain access to safe water since 2006 [5][12]. Group 2: Nutrition Achievements - PepsiCo achieved two nutritional goals ahead of schedule, with 67% of its beverage portfolio containing fewer than 100 calories from added sugars per 12 oz. serving and 77% of its convenient foods portfolio volume not exceeding 1.3 milligrams of sodium per calorie [5][12]. Group 3: Future Goals - The company aims to drive regenerative agriculture practices across 10 million acres by 2030, roughly the size of Switzerland [6]. - PepsiCo's pep+ initiative is described as an ongoing transformation that integrates sustainability into all aspects of the business, aiming for long-term resilience and value creation [3][9].

Core Viewpoint - Mondelēz International, Inc. is launching a new wave of impact-first investments through its Sustainable Futures Impact Investment platform, focusing on scalable solutions that address climate, community, and circularity, aligning with its sustainability strategy and Vision 2030 ambitions [1][4]. Investment Approach - The company employs a three-pronged investment strategy consisting of direct investments, fund investments, and technical assistance to scale promising solutions that generate measurable impact [2][4]. Direct Investments - New additions to the Sustainable Futures portfolio include investments in regenerative agriculture, inclusive financing, and circular packaging through innovative technology [4]. Fund Investments - Mondelēz International supports impact funds that align with its goal of catalyzing positive change across various geographies [3][4]. Technical Assistance - The company provides capacity-building support to early-stage ventures, helping validate their technologies through larger-scale pilots and scientific approaches [3][4]. Specific Investments - eAgronom is an ag-tech company aiding farmers in improving soil health and reducing carbon emissions, with over 1 million hectares under sustainable practices [5]. - ZIRO is a fintech startup providing affordable inventory financing to small merchants, aiming to reach approximately 100,000 merchants in three years [5]. - Pack2Earth is focused on replacing 60,000 metric tons of plastic packaging with compostable materials by 2028, part of a coalition supporting the Circulate Capital's Ocean Fund [5]. Impact Metrics - In 2024, investments in the Circulate Capital Ocean Fund contributed to circulating or avoiding over 7,600 tonnes of plastic, reducing more than 10,700 tonnes of GHG emissions, and creating over 34,900 tonnes in recycling infrastructure capacity across Southeast Asia and India [5]. Strategic Importance - Sustainability is a key pillar of Mondelēz International's growth strategy, with investments aimed at addressing challenges and creating long-term business resilience [6].

Core Insights - PepsiCo has made significant advancements in sustainability through its pep+ initiative, focusing on regenerative agriculture, water stewardship, sustainable packaging, and climate change since its launch in September 2021 [1][2]. Sustainability Goals - The company is refining its sustainability goals to enhance business resilience and focus on areas with the most positive impact, including an increased target for regenerative agriculture from 7 million acres to 10 million acres by 2030, with 3.5 million acres already achieved as of 2024 [5][6]. - PepsiCo aims to achieve net zero emissions by 2050, aligning its Scope 1, 2, and 3 targets with a 1.5°C trajectory, reflecting updated scientific guidance [6][10]. - The company is updating its packaging goals to prioritize key markets and reduce the use of virgin plastic, while also sunsetting its reuse target but continuing efforts to design packaging that is reusable, recyclable, or compostable [7][8]. Water Management - PepsiCo has exceeded its previous water-use efficiency goals, achieving a 25% improvement in operational water-use efficiency in high-risk watersheds and a 15% improvement in agricultural water-use efficiency ahead of schedule. The company maintains its goal to become net water positive by 2030 [9][23]. Transparency and Reporting - The company emphasizes transparency in its sustainability journey, committing to detailed reporting on progress in its 2024 ESG Summary, which will include both successes and challenges faced [10][5].

Investment Rating - The report indicates a cautious investment environment in the agtech VC sector, with a notable decline in deal activity and value in Q1 2025 compared to Q4 2024 [15][16]. Core Insights - The agtech VC sector experienced a total of $1.6 billion in deal activity across 137 deals in Q1 2025, reflecting a 3.7% decrease in deal value and a 24.7% decrease in deal count from the previous quarter [15][16]. - Investors are becoming more selective, focusing on fewer, higher-quality opportunities, as evidenced by the increase in median pre-money valuations and deal sizes [16][24]. - The agricultural biotechnology segment led the investment activity, attracting $797.4 million across 55 deals, while precision agriculture followed with $266.2 million from 38 deals [22]. Summary by Sections Agtech Landscape - The report outlines various segments within the agtech landscape, including ag biotech, agrifinance & e-commerce, indoor farming, animal agriculture, and precision agriculture [9]. VC Activity - Q1 2025 marked a cautious start for the agtech VC sector, with a total of $1.6 billion across 137 deals, down from $1.7 billion and 182 deals in Q4 2024 [15]. - The median pre-money valuation for VC-backed agtech companies increased from $15.1 million in 2024 to $20 million in 2025, while the median deal size rose from $3.2 million to $4.4 million [16][24]. - The shift towards larger, later-stage deals continued, with early-stage investments remaining subdued [17]. Agtech VC Deal Activity - The report provides a detailed breakdown of deal activity by segment, highlighting that ag biotech and precision ag were the dominant segments in terms of deal value [22][30]. Exit Activity - Exit activity in Q1 2025 was subdued, with only $40.3 million exited across 11 deals, a significant decline from $274 million in Q4 2024 [23]. Valuations and Deal Sizes - Despite the overall slowdown, the increase in median pre-money valuations and deal sizes indicates strong competition for high-quality assets [24]. Events and Emerging Themes - Significant developments included major funding rounds and strategic partnerships, such as Eion's $33 million carbon-removal agreement and Avalo's $11 million funding for AI-powered plant breeding [25][26]. Looking Ahead - The outlook for the agtech sector remains cautiously optimistic, with a focus on capital efficiency and operational resilience as the market stabilizes [27][28].

Core Insights - The Vita Coco Company, Inc. released its 2024 Impact Report, highlighting significant progress in its Environmental, Social, and Governance (ESG) initiatives, particularly through its Seedlings for Sustainability program [1][2] Group 1: Environmental Initiatives - The Seedlings for Sustainability initiative has successfully distributed over 1 million seedlings, moving towards a goal of 10 million by 2030 [2][7] - The company completed its first climate impact assessment, identifying supply chain vulnerabilities to weather changes, and implemented two water-reduction projects estimated to conserve 1.5 million liters annually [7] Group 2: Social Contributions - Vita Coco built three new classrooms in the Philippines, increasing the total to 39 schools and positively impacting over 24,500 students [7] - The Growing Roots Grant Program was launched in the U.S. to create green spaces at underserved schools, starting with Oak Street Elementary in Los Angeles [7] Group 3: Governance and Community Engagement - Approximately 97% of the company's primary packaging materials met its responsible packaging definition, and 100% of its branded products are certified non-GMO [7] - The company provided cash and in-kind donations to various nonprofit and community-based organizations across the U.S., U.K., Latin America, and Europe, addressing food insecurity and disaster relief [7] Group 4: Future Outlook - The company plans to expand its regenerative agriculture programs, set climate targets, and grow the reach of the Vita Coco Community Foundation [5]

Core Insights - Easy Environmental Solutions, Inc. is engaging in strategic talks with the Qatar Fund for Development (QFFD) and multiple African governments to deploy innovative agricultural and water purification technologies aimed at enhancing Africa's environmental and economic potential [1][4][5] - The company's technologies are designed to support national strategies for climate adaptation, food sovereignty, water access, and green industrialization [1][4] Group 1: Technologies and Innovations - Terreplenish is a proprietary organic microbial biofertilizer that revitalizes soil biology, reduces chemical dependency, and strengthens plant immunity, delivering up to 60 lbs. of nitrogen and 20 lbs. of phosphorus per acre while requiring up to 20% less irrigation [2][4] - Easy FEN™ is a mobile, modular factory with a daily production capacity of 7,500 gallons, capable of supporting 1 million acres, thus eliminating the need for imported agro-inputs and creating rural employment [3][4] Group 2: Strategic Partnerships and Goals - The collaboration with QFFD and African governments aims to launch scalable regenerative agriculture and clean water initiatives, positioning Easy Environmental Solutions as a leader in sustainable development technologies [4][5] - The company emphasizes Africa's role as a catalyst in climate innovation, leveraging its vast arable land and youthful population to co-create scalable solutions aligned with the African Union's Agenda 2063 and the UN Sustainable Development Goals [4][7][8] Group 3: Vision and Impact - The company aims to revolutionize agriculture and food production across the Middle East and Africa, supporting national development strategies focused on climate resilience, food security, and inclusive economic growth [5][9] - Easy Environmental Solutions promotes the idea that Africa is a continent of opportunity, capable of transforming food security and building a profitable, planet-friendly agriculture sector [7][8]