Lotus Bakeries NV

AGM Information • May 13, 2022

LOTUS BAKERIES NV ORDINARY GENERAL MEETING ON 13 MAY 2022

Today, 13 May 2022, the Ordinary General Meeting of Shareholders of Lotus Bakeries NV took place.

VOTING RESULTS

All agenda items have been approved by the shareholders. For more details about the voting results per agenda item, please refer to the shareholders' meeting section on the company website.

DIVIDEND

The Ordinary General Meeting of Shareholders of 13 May 2022 has decided to allocate from the profit of the financial year 2021, a gross dividend per share of EUR 40.

The ex-dividend date is 16 May 2022. The dividend will be payable as from 18 May 2022 on surrender of coupon n° 34 at Degroof - Petercam, BNP Paribas Fortis, Belfius, ING Bank and KBC Bank.

(RE)APPOINTMENT BOARD OF DIRECTORS

The general meeting has renewed the term of office of the following Directors:

• · Reappointment of Lema NV, represented by its permanent representative, Mr Michel Moortgat, as independent director of the company;
• · Appointment of PMF NV, represented by its permanent representative, Mr Emanuel Boone, as nonexecutive director of the company;

REAPPOINTMENT OF THE STATUTORY AUDITOR

PwC Bedrijfsrevisoren BV is reapointed as statutory auditor for a period of three years. Ms Lien Winne, auditor, is appointed as its representative.

Lotus Bakeries in a nutshell

Lotus Bakeries began in the village of Lembeke in 1932 and is now active worldwide in the indulgent and natural snacking segment with the Lotus, Lotus® BiscofP, nākd, TREK, BEAR, Kiddylicious, Dinosaurus, Peijnenburg and Annas brands, atus Bakeries, with headquarters in Belgium, is a dynamic, internationally oriented company with production facilities in Belgium, the Netherlands, France, Sweden, South Arica and the US, and twenty-one own sales organisations in Europe, America and Asia. Lotus Bakeries also works with commercial partners in approximately fifty counties worldwide. Lotus Bakeries has around 2,400 employees. By maintaining a healthy balance between tradition and innovation, the Lotus brand indulges consumers with a unique range of high-quality, tasty products. The secret of Lotus® Biscoff® lies in the cookie's unique flavour, distinctive design and delightful crispiness. The unique caramelised cookie flavour has meanwhile also been incorporated into a spread, ice cream and chocolate. A wide range of cake specialties are furthermore offered under the Lotus brand name. Koninklijke Peijnenburg is the market leader for gingerbread in the Netherlands and Annas is a typical Swedish speciality of pepparkakor biscuits: thin, crunchy biscuits flavoured with ginger and cinnamon. Under the nake, Lotus Bakeries offers tasty snacks, manufactured from all-natural, unprocessed ingredients, with no added sugar. Kiddylicious focusses on healthy snacking for babies, toddlers and pre-schoolers. In 2021 the Group achieved a turnover of EUR 750 million. The shares are listed on Euronext Brussels. The majority of the shares are owned by the Boone and Stevens family.

For more information please contact:

Jan Boone - CEO Tel. + 32 9 376 26 14

Further information on Lotus Bakeries can be found on www.lotusbakeries.com