Mr. Brian Kocher reports

SUNOPTA PROVIDES UPDATE AHEAD OF THE 2026 ICR CONFERENCE

SunOpta Inc. is raising its outlook for fiscal 2025 revenue and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization).

"We are raising our fiscal 2025 outlook. On our third quarter earnings call in early November, we outlined short-term incremental costs and near-term initiatives to strengthen our supply chain while managing exceptional volume growth. While we had a challenging October, we delivered results above expectations in November and December, driving fourth quarter profitability that is significantly better than what we anticipated two months ago," said Brian Kocher, chief executive officer of SunOpta. "This progress certainly reinforces our confidence in the previously provided outlook for 2026. We will provide more details on our 2026 outlook when we release our fourth quarter and fiscal 2025 results, which we expect will be in early March."

Financial outlook

The company is raising its outlook for fiscal 2025 as shown in the attached table.

The updated outlook expects revenue growth of approximately 13 per cent and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) growth of 6 per cent to 7 per cent compared with fiscal 2024.

The information presented above is unaudited and reflects preliminary estimates subject to change and the completion of the company's year-end accounting and financial reporting and audit procedures. The company's financial closing procedures are not yet complete and, as a result, final results may vary from this outlook due to the completion of the company's financial closing procedures, final adjustments and other developments that may arise between now and the time the company issues its consolidated financial statements for fiscal 2025.

The company is scheduled to participate in a fireside chat presentation on Monday, Jan. 12, 2026, at 9:30 a.m. Eastern Time at the ICR conference. This event will be webcast live and a replay will be available for 30 days on SunOpta's investor relations website.

About SunOpta Inc.

SunOpta delivers customized supply chain solutions, and innovation for top brands, retailers and food-service providers across a broad portfolio of beverages, broths and better-for-you snacks. With over 50 years of expertise, SunOpta fuels customers' growth with high-quality, sustainability-forward solutions distributed through retail, club, food-service and e-commerce channels across North America.

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