La Regina Atlantica, LLC receives investment from Campbell Soup Supply Company LLC

Acquisition of La Regina Atlantica, LLC by Campbell Soup Supply Company LLC.

Concurrently with the entry into the Sale and Purchase Agreement, Campbell Soup Supply Company LLC, a Delaware limited liability company and subsidiary of Campbell’s (“ CSSC ”), entered into an Equity Purchase Agreement (the “ Equity Purchase Agreement ”, together with the Sale and Purchase Agreement, the “ Purchase Agreements ”) with Felix Global Holdings, Corporation, a Delaware corporation (the “ US Seller ” together with the Italian Sellers, the “ Sellers ”), pursuant to which, among other things, subject to the conditions set forth therein, CSSC will acquire 49% (forty-nine percent) of

On December 8, 2025, Campbell Investment Company, a Delaware corporation (“ CIC ”) and subsidiary of The Campbell’s Company (“ Campbell’s ”), entered into a Sale and Purchase Agreement

The aggregate consideration payable under the Purchase Agreements is USD $286 million to be paid in two tranches: (i) $146 million, payable in cash at the closing of the Transaction (“ Closing ”) and (ii) $140 million (the “ Second Tranche Payment ”) payable on the first anniversary of Closing (the “ First Anniversary Date ”).