THE INNOVATION & RENOVATION PARTNER Disclaimer: Forward Looking Statements This presentation may contain forward looking statements with projections regarding, among other things, Kerry's strategy, revenues, earnings, EBITDA, EBITDA margin, finance costs, tax rate, capital expenditure, dividends, share buybacks, cash flow, net debt or other financial measures, the impact of foreign exchange fluctuations, the impact of input cost fluctuations and other competitive pressures. These and other forward looking s ...

Core Insights - Zinzino has acquired 35% of Xion International Group to form a joint venture focused on algae production using bioreactors, aiming to secure a sustainable supply of omega-3 for its product BalanceOil+ [1][2][7] - The partnership with Xion, which has developed advanced photobioreactor technology for microalgae production, is expected to enhance Zinzino's product portfolio and brand protection [3][4][6] Financial Details - The acquisition cost Zinzino EUR 1.2 million, with EUR 0.7 million paid in cash and EUR 0.5 million settled through newly issued shares [5] Strategic Importance - This initiative is part of Zinzino's broader strategy to meet increasing global demand and expand its market presence while ensuring sustainable growth [2][6] - The collaboration with Xion will lead to the establishment of a new company, PhytoFerm, focused on producing omega-3 and other oils from algae, positioning Zinzino as a leader in sustainable nutritional solutions [7][8]