Del Monte (DMC) Investor presentation summary

Strategic positioning and vision

• Operates as a leading vertically integrated producer and marketer of fresh and value-added produce, distributing to over 80 countries.

• Holds top market positions in pineapples and bananas, with a strong asset base including 90,000+ acres, 31 distribution centers, and 18 fresh-cut facilities.

• Vision centers on quality, innovation, and sustainability, with priorities in product diversification, operational efficiency, global expansion, and workforce investment.

• Leadership team averages over 20 years of experience, supporting long-term growth strategies.

• History of strategic acquisitions, asset optimization, and innovation in premium fruit varieties and logistics.

Business segments and operations

• Segments include fresh & value-added products, bananas, and other products/services such as logistics and specialty ingredients.

• North America is the largest revenue region, followed by Europe, Asia, and the Middle East.

• Logistics operations (Tricont Trucking & Network Shipping) support global distribution and offer third-party services, emphasizing sustainability through fuel-efficient vessels.

• Focus on extracting value from biomass for higher-margin, sustainable products in nutrition, health, and biomaterials.

Financial performance (FY 2025)

• Net sales reached $4.32B, with adjusted net sales at $4.10B and adjusted EBITDA of $300M.

• Fresh & value-added products generated $2.62B in net sales and $299M in gross profit; bananas contributed $1.49B in sales.

• Adjusted gross margin for fresh & value-added products was 13.7%; banana segment margin was 4.7%.

• Net cash from operating activities was $245M; capital spending totaled $64M; long-term debt stood at $173M.

• Shareholder returns included $0.30/share dividend and $30M in share repurchases.