Group 1 - The company is focused on growth opportunities in its categories and end-use markets, aiming to drive continued shareholder return [1] - An overview of the group's strategy and growth ambition is planned, targeting 2028 [1] - The presentation will cover Dairy Nutrition and delve into the growth drivers of Performance Nutrition and Health & Nutrition [1] Group 2 - The global brand Optimum Nutrition will be highlighted, with business leaders presenting their plans to achieve the company's ambitions [2]

Acquisition Details - Heartland Food Products Group has acquired the rights to the SlimFast brand in North America from Glanbia, with financial terms undisclosed [1] - The acquisition includes SlimFast's sale in the US, Canada, and Mexico, with ongoing processes for other jurisdictions [2] Glanbia's Strategic Shift - Glanbia classified SlimFast as a "non-core" asset in February 2023, following its acquisition of the brand in 2018 for $350 million [2][3] - The decision to exit SlimFast and Body & Fit was part of Glanbia's portfolio review to focus on high-growth opportunities [3] Performance Insights - Glanbia's Performance Nutrition unit reported a 3.8% decline in revenue to $850 million for the six months ending July 5, with volumes down 3.5% [6] - Excluding SlimFast and Body & Fit, revenue in the Performance Nutrition unit fell by 1.5% [6] - Overall, Glanbia reported a 6.1% increase in revenue to $1.93 billion for the first half of the year [7] Future Outlook - Heartland's CEO emphasized the commitment to healthier living through the addition of SlimFast, aligning with the Splenda brand to address consumer needs in weight management and sugar reduction [4][5]