Sligro Food Group N.V.

M&A Activity • Jun 4, 2025

PRESS RELEASE

Sligro Food Group acquires GEPU

Sligro Food Group N.V., with its registered office in Veghel, and GEPU, which has its registered office in Utrecht, announce that they have reached agreement on Sligro Food Group Nederland B.V. acquiring the shares in GEPU Beheer B.V.

GEPU is a delivery service and cash-and-carry wholesaler located in Utrecht that targets hospitality businesses and high-volume consumers in the city of Utrecht and a 30-kilometre radius around the city. A family-run business with a well-established name and 50 years' experience in the region, GEPU offers a comprehensive range of food and non-food products in store or to order online with delivery or in-store pickup. They are particularly strong in products from countries around the Mediterranean.

Koen Slippens, CEO of Sligro Food Group: "We're proud to be able to integrate a 'local hero' into the existing Sligro network in and around the Utrecht metropolitan area with the acquisition of GEPU. The care and attention that the Van Putten family and their staff show their customers is perfectly aligned with how we serve our customers. We will work closely together in carefully organising the transition for GEPU's customers and staff, while maintaining a focus on preserving GEPU's fine product ranges. We expect to complete this process before the end of 2025."

Wilbert van Putten, CEO of GEPU: "The sale of our business to a strong party, which Sligro is, and Sligro's intention to fully harness GEPU's strengths best serves continuity for our customers and staff."

GEPU expects to generate around €15 million in revenue for 2025. The company employs 40 permanent staff (35 FTEs). For the short term, GEPU's operations will be continued in the manner to which GEPU's customers have become accustomed. Later this calendar year, GEPU's delivery operation will be transferred to Sligro's delivery service site in Vianen. After the integration phase, GEPU's customers will be able to use Sligro's network of outlets in Utrecht, Nieuwegein and elsewhere in the region for all their cash and carry needs.

Sligro Food Group's works council has issued a positive opinion on the acquisition.

Veghel/Utrecht, 4 June 2025 On behalf of Sligro Food Group On behalf of GEPU Koen Slippens, CEO Wilbert van Putten, CEO Rob van der Sluijs, CFO Nicole van Putten, CFO

Sligro Food Group press office: Wilco Jansen / +31 (0)413 34 35 00 / wjansen@sligro.nl

Sligro Food Group consists of companies that specifically focus on the foodservice market in the Netherlands and Belgium by offering a comprehensive range of food and food-related non-food products and services in the wholesale market. Sligro Food Group strives to be a high-quality business for all its stakeholders that constantly grows in a controlled manner. Revenue for 2024 totalled €2,890 million with a net profit of €24 million. At year-end 2024, the number of employees in full-time employment was 4,541. Sligro Food Group shares are listed on Euronext Amsterdam.