SunOpta acquisitions, on the record

Word for word“On October 12, 2023, we completed the sale of certain assets and liabilities of our frozen fruit business ("Frozen Fruit") for an aggregate purchase price of approximately $141 million, subject to closing working capital adjustments.” 10-K for 2023

Word for word“which included the divestiture of our sunflower business ("Sunflower") in October 2022.” 10-K for 2023

Word for word“In December 2023, we completed the liquidation of a leased frozen fruit facility located in Oxnard, California.” 10-K for 2023

Word for word“For 2022, reflects the gain on sale in August 2022 of a previously owned frozen fruit processing facility, net of exit costs, which is recorded in loss from discontinued operations.” 10-K for 2023

Word for word“Net cash provided by discontinued operations was $99.4 million for 2023, which mainly reflected net cash consideration of approximately $92 million received from the divestiture of Frozen Fruit.” 10-K for 2024

Word for word“On March 4, 2024, we completed the sale of the net assets related to our smoothie bowls product line and exited the category.” 10-K for 2024

Word for word“The loss from discontinued operations included a pre-tax loss on the divestiture of Frozen Fruit of $119.8 million in 2023, compared with a pre-tax loss on the divestiture of our sunflower business ("Sunflower") of $23.2 million in 2022, together with an $8.2 million loss recognized in 2022 on the settlement of the purchase price allocation related to the 2020 divestiture of our global ingredients business, Tradin Organic.” 10-K for 2024

Word for word“For 2022, start-up costs were mainly related to the hiring and training of new employees for the Midlothian facility, and the integration of the acquired Dream and West Life brands, which are recorded in cost of goods sold ($5.7 million) and SG&A expenses ($0.3 million).” 10-K for 2024

Word for word“On October 12, 2023 (the "Closing Date"), the Company completed the sale of certain assets and liabilities of its frozen fruit business ("Frozen Fruit") to Natures Touch Mexico, S. de R.L. de C.V. and Nature's Touch Frozen Fruits, LLC (the "Purchasers") for an estimated aggregate purchase price that comprised (i) cash consideration of $ 95.3 million; (ii) a short-term note receivable of $ 10.5 million, which was paid in five consecutive monthly installments of $ 2.1 million beginning 30 days following the Closing Date; (iii) secured seller promissory notes with a stated principal amount of $ 20.0 million in the aggregate and due three years from the Closing Date (the "Seller Promissory Notes"); and (iv) the assumption by the Purchasers of $ 15.7 million of accounts payable and accrued liabilities of Frozen Fruit.” 10-K for 2026