The Magnum Ice Cream Company B.V.

Director's Dealing • Dec 22, 2025

National Storage Mechanism | Additional information

The Magnum Ice Cream Company N.V.

(TMICC or the Company)

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

The Company notifies the following change in interests in the ordinary shares of EUR3.50 each (Shares) of PDMRs, arising pursuant to the grant of the following share awards:

(i)      2023 Replacement Performance Share Plan (PSP) Awards and Replacement Targeted Share Awards (TSA):

The replacement awards are share awards for employees (including Directors) who, at the time of the Demerger, held unvested awards under the Unilever Share Plan 2017. These replacement awards are granted under The Magnum Ice Cream Company Long Term Incentive Plan 2025 over TMICC Shares on substantially equivalent terms and with a value equivalent to the Unilever shares subject to the relevant Unilever award that lapsed due to the application of time pro-rating.

(ii)      Rollover awards

Unilever Restricted Stock Unit awards held as at the time of the Demerger are exchanged for substantially equivalent awards over TMICC Shares, which will vest on their original vesting date(s), subject to continued employment/service with the TMICC Group and maintaining satisfactory levels of personal performance. Awards will continue to be governed by the Unilever Share Plan 2017, which was adopted by TMICC for this purpose.

(iii)      Celebration Award

The Celebration Award (operated under The Magnum Ice Cream Company Celebration Award Plan) is a one-off share award over the same number of TMICC Shares to each employee who was part of the TMICC Group at the completion of the Demerger. Directors are not eligible to receive this award.

Malus and clawback provisions apply to all awards

The number of Shares granted was determined by taking the average closing share prices (on Euronext Amsterdam, London Stock Exchange and New York Stock Exchange) for the period 8 to 18 December 2025 inclusive, (being EUR13.41, GBP11.69 and USD15.60 respectively).

Director	2023 Replacement PSP/TSA Award	Rollover Award	Celebration Award	Total Share Awards
Peter ter Kulve	4,853	41,134	n/a	45,987
Other PDMRs
Julien Barraux	816	11,120	23	11,959
Sandeep Desai	508	10,042	23	10,573
Tim Gunning	55	3,466	23	3,544
Wai-Fung Loh	1,134	14,218	23	15,375
Mark O’Brien	n/a	9,330	23	9,353
Gerardo Ronzanski	1,784	20,346	23	22,153
Ronald Schellekens	7,168	n/a	23	7,191
Mustafa Seckin	1,060	13,284	23	14,367
Toloy Tahir Tanridagli	962	8,958	23	9,943
Vanessa Vilar	327	3,924	23	4,274

This announcement is made in accordance with the requirements of the EU and UK version of the Market Abuse Regulation 596/2014.  

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Peter ter Kulve
2	Reason for the notification
a)	Position/status		Chief Executive Officer
b)	Initial notification/Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		The Magnum Ice Cream Company N.V.
b)	Legal Entity Identifier code		25490052LLF3XH6G9847
4	Details of the transaction(s) summary table
	Date of Transaction	Description of Instrument		Identification Code	Place of Transaction
	19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2	Outside a trading venue
	Nature of Transaction			Price	Volume
	Grant of Share Awards	11.69	3,126	36,542.94
		Aggregated		11.69	3,126
	Date of Transaction	Description of Instrument		Identification Code	Place of Transaction
	19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2	Outside a trading venue
	Nature of Transaction			Price	Volume
	Grant of Share Awards	13.41	42,861	574,766.01
		Aggregated		13.41	42,861

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Julien Barraux
2	Reason for the notification
a)	Position/status		Chief Creative Officer
b)	Initial notification/Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		The Magnum Ice Cream Company N.V.
b)	Legal Entity Identifier code		25490052LLF3XH6G9847
4	Details of the transaction(s) summary table
	Date of Transaction	Description of Instrument		Identification Code	Place of Transaction	Currency
	19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2	Outside a trading venue	EUR
	Nature of Transaction			Price	Volume	Total
	Grant of Share Awards	13.41	11,959	160,370.19
		Aggregated		13.41	11,959	160,370.19

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Sandeep Desai
2	Reason for the notification
a)	Position/status		Chief Supply Chain Officer
b)	Initial notification/Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		The Magnum Ice Cream Company N.V.
b)	Legal Entity Identifier code		25490052LLF3XH6G9847
4	Details of the transaction(s) summary table
	Date of Transaction	Description of Instrument		Identification Code	Place of Transaction	Currency
	19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2	Outside a trading venue	GBP
	Nature of Transaction			Price	Volume	Total
	Grant of Share Awards	11.69	10,573	123,598.37
		Aggregated		11.69	10,573	123,598.37

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Tim Gunning
2	Reason for the notification
a)	Position/status		Chief of Staff & Head of Strategy
b)	Initial notification/Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		The Magnum Ice Cream Company N.V.
b)	Legal Entity Identifier code		25490052LLF3XH6G9847
4	Details of the transaction(s) summary table
		Date of Transaction	Description of Instrument		Identification Code
		19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2
		Nature of Transaction			Price
		Grant of Share Awards	13.41	3,544	47,525.04
			Aggregated		13.41

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Wai-Fung Loh
2	Reason for the notification
a)	Position/status		President Asia
b)	Initial notification/Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		The Magnum Ice Cream Company N.V.
b)	Legal Entity Identifier code		25490052LLF3XH6G9847
4	Details of the transaction(s) summary table
	Date of Transaction	Description of Instrument		Identification Code	Place of Transaction
	19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2	Outside a trading venue
	Nature of Transaction			Price	Volume
	Grant of Share Awards	13.41	23	308.43
		Aggregated		13.41	23
	Date of Transaction	Description of Instrument		Identification Code	Place of Transaction
	19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2	Outside a trading venue
	Nature of Transaction			Price	Volume
	Grant of Share Awards	11.69	15,352	179,464.88
		Aggregated		11.69	15,352

1	Details of the person discharging managerial responsibilities/person closely associated
a)		Name of natural person		Mark O’Brien
2		Reason for the notification
a)		Position/status		Chief Technology and Information Officer
b)		Initial notification/Amendment		Initial notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		The Magnum Ice Cream Company N.V.
b)		Legal Entity Identifier code		25490052LLF3XH6G9847
4		Details of the transaction(s) summary table
		Date of Transaction	Description of Instrument		Identification Code
		19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2
		Nature of Transaction			Price
		Grant of Share Awards	11.69	9,353	109,336.57
			Aggregated		11.69

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Gerardo Ronzanski
2	Reason for the notification
a)	Position/status		President Americas
b)	Initial notification/Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		The Magnum Ice Cream Company N.V.
b)	Legal Entity Identifier code		25490052LLF3XH6G9847
4	Details of the transaction(s) summary table
	Date of Transaction	Description of Instrument		Identification Code	Place of Transaction
	19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2	Outside a trading venue
	Nature of Transaction			Price	Volume
	Grant of Share Awards			15.60	23
		Aggregated		15.60	23
	Date of Transaction	Description of Instrument		Identification Code	Place of Transaction
	19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2	Outside a trading venue
	Nature of Transaction			Price	Volume
	Grant of Share Awards			11.69	22,130
		Aggregated		11.69	22,130

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person			Ronald Schellekens
2	Reason for the notification
a)	Position/status			Chief Human Resources Officer
b)	Initial notification/Amendment			Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			The Magnum Ice Cream Company N.V.
b)	Legal Entity Identifier code			25490052LLF3XH6G9847
4	Details of the transaction(s) summary table
		Date of Transaction	Description of Instrument	Identification Code
		19-DEC-2025	Ordinary shares of €3.50 each	ISIN: NL0015002MS2
		Nature of Transaction		Price
		Grant of Share Awards	11.69		7,191
			Aggregated	11.69

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Mustafa Seckin
2	Reason for the notification
a)	Position/status		President of Europe, Australia & New Zealand
b)	Initial notification/Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		The Magnum Ice Cream Company N.V.
b)	Legal Entity Identifier code		25490052LLF3XH6G9847
4	Details of the transaction(s) summary table
		Date of Transaction	Description of Instrument		Identification Code
		19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2
		Nature of Transaction			Price
		Grant of Share Awards	13.41	13,307	178,446.87
			Aggregated		13.41
		Date of Transaction	Description of Instrument		Identification Code
		19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2
		Nature of Transaction			Price
		Grant of Share Awards	11.69	1,060	12,391.40
			Aggregated		11.69

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Toloy Tahir Tanridagli
2	Reason for the notification
a)	Position/status		President of Middle East, Turkey, South Asia and Africa
b)	Initial notification/Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		The Magnum Ice Cream Company N.V.
b)	Legal Entity Identifier code		25490052LLF3XH6G9847
4	Details of the transaction(s) summary table
		Date of Transaction	Description of Instrument		Identification Code
		19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2
		Nature of Transaction			Price
		Grant of Share Awards	13.41	23	308.43
			Aggregated		13.41
		Date of Transaction	Description of Instrument		Identification Code
		19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2
		Nature of Transaction			Price
		Grant of Share Awards			11.69
			Aggregated		11.69

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Vanessa Vilar
2	Reason for the notification
a)	Position/status		Chief Legal Officer
b)	Initial notification/Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		The Magnum Ice Cream Company N.V.
b)	Legal Entity Identifier code		25490052LLF3XH6G9847
4	Details of the transaction(s) summary table
	Date of Transaction	Description of Instrument		Identification Code	Place of Transaction
	19-DEC-2025	Ordinary shares of €3.50 each		ISIN: NL0015002MS2	Outside a trading venue
	Nature of Transaction			Price	Volume
	Grant of Share Awards	13.41	4,274	57,314.34
		Aggregated		13.41	4,274

Enquiries
Media Relations [email protected]	Investor Relations [email protected]

About The Magnum Ice Cream Company

The Magnum Ice Cream Company is the world’s largest ice cream company. With an unrivalled portfolio of brands including global power brands Magnum, Ben & Jerry’s, Wall’s and Cornetto, and with a global fleet of nearly 3 million freezers, our products are available in 80 countries. The company generated €7.9 billion in revenue in 2024. TMICC’s legal entity identifier is 25490052LLF3XH6G9847. For more information, visit The Magnum Ice Cream Company website.