Apetit (APETIT) Strategy update summary

Strategic direction and vision

• Focus on plant-based growth, aiming for market leadership and profitability through sustainable practices and innovation.

• Mission centers on providing good, locally sourced food and promoting healthy, sustainable diets.

• Strategy for 2026–2028 emphasizes unified operations, responsible value chain, and sustainable growth.

Key growth initiatives

• Expansion in Sweden through acquisition of Foodhills AB, now Apetit Sverige AB, with significant investments in production capacity.

• Commercial breakthrough targeted for BlackGrain from Yellow FieldsⓇ, a novel rapeseed-based food ingredient.

• Increased volumes in rapeseed and canola oil products, supported by new production lines and process investments.

Operational and market highlights

• Strong position in frozen vegetables and plant oils in Finland and Europe, with robust integration into primary production.

• Foodhills’ sales in Sweden have grown, with a shift toward domestic sales and diversified export markets.

• Synergies from Swedish operations include optimized pea production, risk mitigation, and logistics advantages.