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SunOpta Inc. Director's Dealing 2025

May 6, 2025

32477_dirs_2025-05-06_acb535d0-97fb-452e-a78e-67980a2d1267.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SunOpta Inc. (STKL)
CIK: 0000351834
Period of Report: 2025-05-05

Reporting Person: McNamara Lauren (SVP, Business Management)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-05-05 Common Shares M 9200 Acquired 116662 Direct
2025-05-05 Common Shares F 4196 $4.55 Disposed 112466 Direct
2025-05-05 Common Shares M 1704 Acquired 114170 Direct
2025-05-05 Common Shares F 778 $4.55 Disposed 113392 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-05-05 Performance Stock Units $ M 9200 Disposed 2025-05-05 Common Shares (9200) Direct
2025-05-05 Restricted Stock Units $ M 1704 Disposed 2025-05-05 Common Shares (1704) Direct

Footnotes

F1: Each Performance Stock Unit represents a contingent right to receive one share of STKL common stock.

F2: This line item reflects the deemed disposition of shares withheld by the Company to satisfy income tax withholding requirements in connection with the vesting of the PSUs.

F3: Each Restricted Stock Unit represents a contingent right to receive one share of STKL common stock.

F4: This line item reflects the deemed disposition of shares withheld by the Company to satisfy income tax withholding requirements in connection with the vesting of the RSUs.

F5: The Performance Stock Units (PSUs) will vest or lapse on May 5, 2025 (Vesting Date), depending on the Company's total shareholder return (the "TSR") performance relative to the Russell 3000 Food and Beverage companies during the performance period as described in the award agreement. If none of the hurdles are met, no PSUs will vest and the award will lapse. If the 25th percentile hurdle is met, 25% of the PSUs will vest. If the 50% percentile hurdle is met, 100% of the PSUs will vest. If the 75% percentile hurdle is met, 125% of the PSUs will vest. If the 90th percentile or above is met, 200% of the PSUs will vest. The number included in column 5 of Table II reflects the number of PSUs eligible for vesting subject to the reporting person's continued employment with the Company through the Vesting Date.

F6: The Restricted Stock Units vest in three equal annual installments beginning on May 5, 2023 subject to the continued employment of the reporting person through each such vesting date.

F7: The Performance Stock Units do not have an expiration date.

F8: The Restricted Stock Units do not have an expiration date.