Response to media speculation

MARKET UPDATE
11 July 2025


Response to media speculation


T&G Global is aware of speculation in the Australian Financial Review regarding a potential sale of
T&G Global.

Following BayWa AG’s December 2024 announcement that it is reducing its international
investments as part of its business-wide transformation programme, T&G Global has received a
large number of expressions of interest in its business. At this time, T&G Global is not aware whether
BayWa has made a decision about its shareholding in T&G Global.

T&G Global is itself going through a process to consider its strategic options. This includes sharing
initial business information to determine if, at a potential stage in the future, it is appropriate to explore
any form of sales process for any of its divisions.

T&G Global has engaged Craigs Investment Partners to support us with this, and, depending on the
outcome, T&G Global will update the market accordingly.

ENDS



For further information, please contact:
Gareth Edgecombe
Chief Executive Officer
Gareth.Edgecombe@tandg.global
+64 27 209 2305


About T&G Global
Our story began more than 125 years ago as Turners and Growers, and today as T&G Global we
help grow healthier futures for people around the world. Located in 13 countries, our team of 1,600
people grow, market, sell and distribute nutritious fresh produce to customers and consumers in over
60 countries. We grow apples, tomatoes, citrus and blueberries, and we partner with over 800
independent growers. As kaitiaki, T&G does this guided by kaitiakitanga. For us, this means we treat
the land, people, produce, resources, and community with the greatest of respect and care.
www.tandg.global