Mr. Curtis Frank reports

MAPLE LEAF FOODS RELEASES 2025 INTEGRATED REPORT SHOWCASING SUSTAINABILITY PROGRESS AND COMMITMENT TO LONG-TERM VALUE CREATION

Maple Leaf Foods Inc. has released released its annual integrated report, providing an overview of its 2025 sustainability achievements as well as strategic progress and financial performance over the past year. The report highlights the company's continued transformation into a purpose-driven, brand-led, consumer-packed goods leader while reinforcing its commitment to creating shared value for all stakeholders.

"This has been a defining year for Maple Leaf Foods," said Curtis Frank, president and chief executive officer of Maple Leaf Foods. "We successfully completed the spinoff of our pork operations and the final phase of our $2-billion transformation, positioning the company with greater financial strength, sharper strategic focus and improved consistency in performance. As we enter our next chapter, we do so with clear momentum, stronger execution and a compelling platform for sustainable growth.

"I am proud of the progress we are making toward our vision to be the most sustainable protein company on Earth," continued Mr. Frank. "Our integrated report demonstrates the discipline with which we are advancing both business performance and leadership in sustainability, from accelerating our environmental initiatives and enhancing animal care to helping address food insecurity in the communities we serve. These commitments are deeply embedded in how we operate, how we lead and how we create enduring value for all of our stakeholders."

Maple Leaf Foods' commitments

The 2025 integrated report showcases Maple Leaf Foods' financial performance and leadership in sustainability and the company's progress against sustainability goals as well as its work to reduce food insecurity. The report also highlights the work done to further efforts in animal care and food and people safety.

Key highlights:

• Making better food:
  • The company introduced Musafir, a protein-forward, South Asian-inspired brand, and Mighty Protein chicken sticks, an innovation in clean snacking with less fillers.
  • Schneiders and Maple Leaf maintained their No. 1 and No. #2 positions in packaged meats in Canada, with Maple Leaf Prime as the No. 1 brand in fresh poultry in Canada.
  • Mina remained the No. 1 halal brand in fresh poultry in Canada, and Greenfield Natural Meat Co. continued as the No. 1 sustainable packaged meats brand in Canada and No. 3 in the United States.
• Taking better care of the company's people:
  • Maple Leaf Foods advanced its enhanced social compliance program, completing audits across key facilities.
  • The company continued to improve its safety performance in 2025 in key metrics, reflecting more than a decade of sustained progress and focus on workplace safety.
• Taking better care of the company's communities:
  • In 2025, the Maple Leaf Centre for Feed Security donated nearly $2-million of protein-rich foods across Canada and the United States.
  • Maple Leaf Foods salaried team members volunteered in 26 communities across Canada in 44 events organized by volunteer champions.
• Taking better care of the company's animals:
  • The company completed construction of new, state-of-the-art hatching egg barns for broiler breeder birds.
  • Maple Leaf Foods continues to test remote video welfare auditing and health monitoring.
• Taking better care of the planet:
  • The company made significant waste reduction gains in 2025, with 10 additional sites and facilities becoming landfill-free, equalling 13 total facilities across the organization.
  • Maple Leaf Foods continued to show progress toward its science-based climate targets, building on reductions achieved since the 2018 base year.
  • The company expanded its regenerative agriculture partnerships, supporting growers across hundreds of thousands of acres to improve soil health and reduce emissions.

About Maple Leaf Foods Inc.

Maple Leaf Foods is a purpose-driven, protein-focused, brand-led consumer packaged goods company headquartered in Mississauga, Ont. It proudly produces responsibly made, delicious food under powerhouse brands that include Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Maple Leaf Mighty Protein, Musafir, Schneiders, Mina Halal, Greenfield Natural Meat Co., LightLife and Field Roast. Committed to raising the good in food and bringing customers protein with purpose, Maple Leaf Foods delivers shared value for all its stakeholders by leading the way in safety and sustainability, building loved brands, operating with excellence, developing extraordinary talent, and broadening its impact through innovation and geographic reach.

We seek Safe Harbor.