DAVY VIEW

Glanbia hosted a site visit to its Orsingen premix facility in southern Germany on November 11th, showcasing its global premix capabilities and providing access to the Health & Nutrition (H&N) leadership team. Premix represents the largest part of H&N, a division currently delivering industry-leading volume growth. The division continues to broaden its operating envelope, expanding both its capabilities and geographic footprint. Over the medium term, we expect Glanbia to complement this growth with selective and disciplined M&A.