BRIGHT 2030 Strategy & Financial Targets - The company aims for organic sales growth of 3-6% per annum from 2026-2028[6, 100, 123, 145] - The company targets an adjusted EBITDA margin of approximately 18% in 2028[6, 100, 123, 145] - The company projects a cumulative free cash flow of approximately €270 million over three years (2026-2028)[6, 100, 123, 145] - The company is targeting a double-digit percentage growth in EPS (Earnings Per Share) per annum from 2026-2028[123, 143, 145] - The company aims for a ROCE (Return on Capital Employed) of approximately 13% by 2028[123] Business Segment Performance & Growth - Food sales reached €769 million in 2024[41, 42, 126] - Nutrition sales reached €157 million in 2024[59, 60, 126] - Biomedical Polymers sales reached €55 million in 2024, with a target of €125 million by 2030[89, 94] - The company's natural food preservation market share is 25%[44] - The company projects to grow the Food business to €1 billion by 2030, representing approximately 4% CAGR[53, 54] - The company projects over €100 million additional Nutrition sales in the coming 5 years, reaching €275 million by 2030, representing approximately 10% CAGR[82] Sustainability & Operations - The company sources 98% of its raw materials from renewable sources[27, 33] - The company aims for a 42% reduction in Scope 1 & 2 emissions and a 25% reduction in Scope 3 emissions by 2030[29]

Core Insights - Edible Garden AG Incorporated reported a 9% revenue growth in Q3 2025, reaching $2.8 million, driven by a strategic shift towards a consumer packaged goods (CPG) model and expansion into shelf-stable product categories [2][7][4] - The company experienced significant growth in non-perishable unit sales, which increased approximately 49.3% year-over-year, and international vitamin and supplements revenue rose by 90.2% [6][4] - The strategic transformation is expected to enhance the company's market penetration and growth, particularly in the fourth quarter, which is historically the strongest period for Edible Garden [2][4] Financial Performance - Revenue for Q3 2025 was $2.8 million, up from $2.6 million in Q3 2024, primarily due to strong performance in shelf-stable products [7][4] - Gross profit decreased to approximately $0.3 million from $0.7 million in the prior-year quarter, attributed to higher costs and inflationary pressures [8] - Selling, general, and administrative expenses rose to $3.8 million from $2.2 million, mainly due to increased depreciation and legal expenses [9] Product and Market Expansion - The company expanded its distribution network, including partnerships with Kroger and The Fresh Market, and increased its international presence through partners like PriceSmart and Amazon [4][2] - The product portfolio now includes brands such as Kick. Sports Nutrition, Pickle Party™, Pulp®, and Vitamin Whey®, which are expected to drive continued momentum and margin improvement [4][6] - Hydroponic Basil sales increased by 28.6%, Potted Herbs by 22.6%, and Wheatgrass by 59.2% year-over-year, indicating strong demand for fresh produce [6][4] Strategic Initiatives - The acquisition of NaturalShrimp's assets is anticipated to enhance vertical integration and sustainable aquaculture capabilities, aligning with the company's mission [4] - The company is focused on health-oriented product development and aims to build a stronger platform for scale, positioning itself as a next-generation sustainable food company [4] - Edible Garden's strategic exit from floral and lettuce categories is now complete, reflecting the strength of its repositioned portfolio [7]

Corporate Developments - Planet Based Foods Global Inc. (PBFG) announces significant corporate developments as part of its growth strategy [1] - Kerem Akbas has been appointed as Chief Executive Officer, President, and Chair of the Board, succeeding Claire Skillen [2] - Akbas will not receive direct compensation until the company achieves positive cash flow, with compensation tied to profitability [3] - Andrew McLeod has been appointed as interim Corporate Secretary, succeeding Dawn Wattie [5] - Brittany Ray-Wilks has concluded her tenure as Chief Operating Officer as part of the organizational realignment [7] Leadership Background - Kerem Akbas is a Turkish-Canadian entrepreneur and tech investor with a strong background in finance and business development [4] - Akbas runs a family office focusing on strategic investments in technology and has a proven track record in building and managing businesses [4] - Andrew McLeod, the new interim Corporate Secretary, is the founder of PEAK Legal Counsel and has advised companies on corporate governance for over a decade [6] Subsidiary Establishment - PBFG has established a wholly owned subsidiary, PBFG Trade Pte. Ltd., in Singapore to support its international operations and partnerships [8] Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients, plant-based solutions, and advancements in agricultural technology [9] - The company aims to empower food manufacturers and consumers to participate in a cleaner and more resilient global food system [9]

Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Planet Based Foods Global Inc. (CSE: PBF) (OTC Pink: PBFFF) (FSE: AZ00) ("PBFG" or the "Company") today announced that it has entered into a royalty agreement related to horticultural inputs produced in Van, Türkiye.Under the agreement, PBFG will manage operations and receive a revenue share from production, with monthly distributions expected to provide a recurring revenue stream. The agreement represents a significant step toward diversify ...

Core Insights - Planet Based Foods Global Inc. (PBFG) has received strong support from its majority shareholder, Coenda Investments, regarding its new leadership direction and strategic focus [2][3] - The company has announced an exclusive distribution partnership with Enerama Çevre Teknolojileri A.Ş. for North and South America, which is expected to drive growth and long-term value creation [2][3] - PBFG's refined strategy focuses on scaling Agri-Tech distribution and advancing food security solutions, aiming to create sustainable revenue streams and address global food demand [4] Company Overview - PBFG is a women-led public company dedicated to enhancing global food security through sustainable innovation, reflecting a commitment to responsible growth and shareholder value [5] - The company is reimagining the future of food with a diverse portfolio of sustainable ingredients and advancements in agricultural technology, emphasizing environmental stewardship and product excellence [6] Strategic Focus - The partnership with Enerama is intended to leverage clean technology solutions for climate-controlled agriculture, establishing commercial channels with recurring revenue potential [3][4] - PBFG aims to develop scalable food systems that meet rising global demand, creating diversified revenue opportunities across commercial and institutional supply chains [4]

Corporate Developments - Planet Based Foods Global Inc. (PBFG) has entered into a binding framework agreement with Enerama Çevre Teknolojileri A.Ş., granting PBFG exclusive rights in North and South America to distribute Enerama's Dragon Climate Control and Pyramid Garden Vertical Farming technologies [2] - The agreement also allows PBFG to market Enerama products globally and establishes a dealer network across the Americas, with sales targets structured to align distribution performance with equity participation, potentially allowing PBFG to earn up to 80% ownership in Enerama through milestone achievements [3] Annual General Meeting - The Annual General Meeting (AGM) for financial years ended December 31, 2023, and December 31, 2024, will be held on November 24, 2025, as per a Supreme Court order [4] - The record date for determining shareholders entitled to vote at the AGM is October 15, 2025, with further details to be distributed to shareholders [4] Leadership Appointment - Brittany Ray-Wilks has been appointed as Chief Operating Officer of PBFG, bringing extensive experience from her previous roles in industrial services, construction, engineering, and manufacturing sectors [5][6] - Recognized for her ability to scale operations and foster stakeholder relationships, Brittany is expected to play a pivotal role in advancing PBFG's operational and strategic initiatives [7] Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients, plant-based solutions, and advancements in agricultural technology, aiming to empower food manufacturers and consumers towards a more sustainable food system [8]

Core Insights - Pilpel Hungary Kft. has become the exclusive distributor of Beyond Oil's products in Hungary, Austria, the Czech Republic, and Slovakia, with an initial order of 10,800 kg [1][3]. Distribution Agreements - The exclusive distribution rights are effective from September 4, 2025, for an initial term of five years, with automatic renewal options based on minimum purchase requirements [2]. - Pilpel is required to purchase a minimum of 75,600 kg in 2026, with increasing volume commitments throughout the agreement to maintain exclusivity [3]. - An annual royalty of 5% on total sales of Beyond Oil products to end users in the Territories will be paid by Pilpel to Beyond Oil [3]. Leadership and Operations - Pilpel has appointed a dedicated leadership team to manage the partnership, leveraging its established sales organization and logistics network to introduce Beyond Oil products [4]. - Pilpel currently supplies over 1,000 foodservice accounts in Hungary and is expanding operations across Central Europe [4]. Strategic Alignment - The partnership reflects Beyond Oil's strategy to align with exclusive partners capable of delivering sustainable long-term growth in Europe [5]. - Beyond Oil's CEO emphasized the validation of their technology and value proposition through this partnership with a leading European culinary company [6]. Company Background - Pilpel Hungary Kft. is a prominent culinary and food distribution company in Europe, offering a wide range of high-quality products [9]. - Beyond Oil Ltd. focuses on food-tech innovations aimed at reducing health risks associated with frying oil, with regulatory clearances from the FDA and Health Canada [10].

Core Viewpoint - Planet Based Foods Global Inc. has executed definitive debt settlement agreements to extinguish $800,000 of debt through the issuance of subordinate voting shares, thereby strengthening its financial position and focusing on growth initiatives [1][3]. Debt Settlement Agreements - The debt will be settled by issuing shares at a deemed price of $0.0525 per share, which is a 25% discount to the closing price on August 19, 2025 [2]. - A total of 15,238,094 shares will be issued, with 9,523,809 shares going to Coenda for $500,000 of debt and 5,714,285 shares to Baron for $300,000 of debt [2]. Financial Impact - The debt settlement is expected to improve the company's balance sheet significantly by eliminating $800,000 of debt without cash outflow, allowing the company to allocate resources towards growth and operational stability [3]. Related Party Transactions - The creditors involved are related parties, as their principal shareholders are directors of the company, making the debt settlement agreements "related party transactions" under applicable regulations [4]. - The Audit Committee recommended approval of the agreements, citing serious financial difficulty and reasonable terms [5]. Shareholding Changes - Post-settlement, Coenda's ownership will increase from approximately 49.15% to 54.86%, maintaining its status as a control person, while Baron will hold about 16.66% of the shares [6]. Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients and plant-based solutions, aiming to contribute to a cleaner and more resilient global food system [7].

Company Overview - Sodexo, founded in 1966 in Marseille by Pierre Bellon, is a global leader in sustainable food and valued experiences across various life moments [3] - The company operates with a dual focus on improving the quality of life for employees and consumers while contributing to economic, social, and environmental progress [3] - Sodexo is recognized for its independence, family shareholding, and responsible business model, and is included in several indices such as CAC Next 20 and FTSE 4 Good [3] Key Financial Figures - For fiscal 2024, Sodexo reported consolidated revenues of 23.8 billion euros [6] - As of August 31, 2024, the company employed 423,000 individuals, making it the largest private employer in France and worldwide [6] - Sodexo serves approximately 80 million consumers daily across 45 countries [6] - The company's market capitalization was 7.7 billion euros as of June 30, 2025 [6] Voting Rights Information - All shares of Sodexo have the same voting rights, except for treasury shares which do not have voting rights and registered shares held for more than four years, which have double voting rights [1] - The theoretical voting rights include shares with single or double voting rights, accounting for treasury shares that are temporarily deprived of voting rights [2]

Core Insights - Planet Based Foods Global Inc. has announced a leadership transition with the appointment of Claire Skillen as Chief Executive Officer, President, and Director, effective immediately [1] - The leadership change is part of the company's renewed strategic direction aimed at enhancing its market strategy and product innovation [5] Leadership Profile - Claire Skillen brings over 15 years of leadership experience across health, natural resources, and technology sectors, with a strong track record in driving innovation and sustainable growth [2] - Skillen holds a Bachelor of Science in Physical Geography and Climatology, a Master of Business Administration, and a Master of Arts in Counseling Psychology, providing a unique blend of strategic business acumen and human systems insight [2] Strategic Focus - Under Skillen's leadership, the company aims to advance a revitalized market strategy, accelerate product innovation, and activate partnerships within the global plant-based ecosystem [5] - The company is focusing on commercialization, international expansion, and innovation in sustainable food systems [6] Vision and Commitment - Skillen emphasized the company's commitment to leading in sustainable, functional food solutions, bridging agriculture, technology, and nutrition [4] - The company is dedicated to environmental stewardship and aims to empower food manufacturers and consumers to participate in a more sustainable global food system [7]