Scandi Standard

Legal Proceedings Report • Apr 7, 2022

PRESS RELEASE, 7 April 2022

SCST - Fire incident in Scandi Standard´s Ready-to-eat facility in Farre, Denmark

During yesterday, April 6 2022, Scandi Standard's Ready-to-eat facility in Denmark, Farre, experienced a fire incident. Efficient fire detection systems and procedures enabled staff and local fire authorities to control and extinguish the fire before it caused material damage to the plant. Nobody was injured.

Required repairs have already begun and will cause a lower production throughput in the Farre plant during the next few days. An early assessment indicates that Scandi Standards damages might be in line with the company deductible of 20 MSEK. The impact on customers is expected to be limited through application of inventory reserves.

We are of course grateful that no one was hurt, and that material damages were contained through swift action by our staff and well-functioning internal systems and procedures. We don´t expect our customers to be affected in any significant way, says Jonas Tunestål, CEO and managing director of Scandi Standard.

For further information, please contact: Jonas Tunestål, CEO: +46 73 355 53 89 Henrik Heiberg, Head of M&A, Financing & IR: +47 917 47 724

About Scandi Standard

Scandi Standard is the leading producer of chicken-based food products in the Nordic region and Ireland. The company produces, markets and sells ready to eat, chilled and frozen products under the well-known brands Kronfågel, Danpo, Den Stolte Hane, Manor Farm and Naapurin Maalaiskana. Eggs are also produced and sold in Norway. We are approximately 3,000 employees with annual sales of around SEK 10 billion. For more information, please visit www.scandistandard.com.