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Greenfood entered 2026 with a strong first quarter, delivering improved profitability and continued momentum in its core businesses. Adjusted EBITDA increased by 15.8 percent, supported by growth and margin improvement in Picadeli and Food Solutions. Picadeli continued its international expansion, surpassing 200 points of sale in the US while further strengthening performance in France.

Picadeli has been awarded the SACC-USA Business Award, the Swedish-American Chamber of Commerce’s prestigious accolade for fast-growing Swedish companies driving innovation, business development and growth in the US market. In its citation, the jury describes Picadeli as “a true leader in healthy fast food”.

Greenfood today publishes its Annual and Sustainability Report for 2025, now available on the Group’s website. During the year, Greenfood delivered significantly improved profitability, stable growth and a strengthened financial position, driven primarily by continued strong performance in Picadeli and Food Solutions, the Group’s two core value-creating business areas.

Swedish municipalities are showing growing interest in domestically produced plant-based protein for public meals. For Greenfood’s investment in this segment, the past year has marked a clear breakthrough. One year after launch, Ahlströms’ sprouted legume mince has now been procured by 140 municipalities, and products developed together with SimSuFoodS are included in 150 municipal agreements.

Greenfood closed 2025 with stronger earnings, healthy cash flow, and continued momentum. Group adjusted EBITDA increased by 20 percent to SEK 461 million for the year, driven primarily by Picadeli and Food Solutions. Picadeli grew net sales by 11.4 percent and improved profitability by 20.2 percent, once again demonstrating the strength of the concept.

Greenfood AB (publ) announces that it has entered into a Share Purchase Agreement with Dole Nordic AB regarding the sale of Greenfood’s Fresh Produce business.

Picadeli is now welcoming yet another restaurant to the family. The new restaurant is located in Kista, one of Sweden’s most important hubs for IT and telecom. The area is home to many companies and large office environments, with thousands of people working here every day. The establishment makes healthy fast food accessible to more people and strengthens Kista’s food offering. At the same time, visitors can experience the next generation of salad bars, Arctic X.

Greenfood AB (publ) (“Greenfood”, or the “Issuer”) announces that, pursuant to a written procedure initiated on 24 October 2025 in respect of its SEK 1,300,000,000 Senior Secured Sustainability-Linked Floating Rate Notes due November 2028 with ISIN SE0023112222 (the “Notes”), the proposed amendments to the terms and conditions of the Notes (the “Terms and Conditions”) have been approved.

Greenfood continues to expand rapidly in the Danish market. Behind this success lies strong demand for ultra-fresh produce, strategic partnerships in the restaurant and wholesale segments, and a state-of-the-art facility in Helsingborg, Sweden.

Greenfood AB (publ) (“Greenfood”, or the “Issuer”) has instructed Nordic Trustee & Agency AB (publ) (the “Agent”) to initiate a procedure in writing (the “Written Procedure”) to seek noteholders’ approval to amend the terms and conditions of its SEK 1,300,000,000 Senior Secured Sustainability-Linked Floating Rate Notes due November 2028 with ISIN SE0023112222 (the “Notes”).

Greenfood maintained its strong momentum in the third quarter. Picadeli once again led growth, with net sales up 11.0 percent, while Food Solutions continued to gain traction, particularly in Denmark. During the period, Picadeli surpassed 300 salad bars in Finland, making it one of the country’s largest fast-food chains by number of outlets, and signed a new three-year contract with TotalEnergies, one of Europe’s leading service and fuel station operators.