First Milk Competitors

As the world’s largest food and beverage company we are driven by a simple aim: unlocking the power of food to enhance quality of life for everyone, today and for generations to come. To deliver on this, we serve with passion, with a spirit of excellence, offering products and services for all stages of life, every moment of the day, helping people care for themselves and their families. Our culture is based on our values rooted in respect: respect for ourselves, respect for others, respect for diversity and respect for the future. We can trace our origin back to 1866, when the first European condensed milk factory was opened in Cham, Switzerland, by the Anglo-Swiss Condensed Milk Company. One year later, Henri Nestlé, a trained pharmacist, launched one of the world’s first prepared infant cereals ‘Farine lactée’ in Vevey, Switzerland. Today, we employ around 273,000 people and have factories or operations in almost every country in the world. With our headquarters still based in the Swiss town of Vevey, we had sales of CHF 84.3 billion in 2020. Our portfolio covers almost every food and beverage category – offering products and services for all stages of life, every moment of the day, helping people care for themselves and their families. House rules: https://nes.tl/HouseRules

Saputo, one of the top ten dairy processors in the world, produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients. Saputo is a leading cheese manufacturer and fluid milk and cream processor in Canada, and a leading dairy processor in Australia. In the USA, Saputo is a leading cheese producer and extended shelf-life and cultured dairy products manufacturer. In the United Kingdom, Saputo is the leading manufacturer of branded cheese and dairy spreads. In addition to its dairy portfolio, Saputo produces, markets, and distributes a range of dairy alternative products. Saputo products are sold in several countries under market-leading brands, as well as private label brands. Saputo Inc. is a publicly traded company and its shares are listed on the Toronto Stock Exchange under the symbol “SAP”. Follow Saputo’s activities at saputo.com or via Facebook, Instagram, and LinkedIn.

Arla Foods is Europe’s strongest farmer-owned dairy group formed by a long line of cooperative mergers, latest the merger of Arla and DMK Group. As a major food producer owned by 11,000 European dairy farmers and 28,000 employees we have a strong commitment to help co-solve some of society’s challenges related to food and health. We provide a powerhouse of globally trusted brands including Europe leading dairy brand Arla® and iconic brands such as Lurpak®, Castello®, Puck®, MILRAM, Humana, Oldenburger, Uniekaas, and Starbucks® chilled coffee. Our cooperative is the world’s largest manufacturer of organic dairy products and the global leader in advanced whey proteins. Key figures: • Revenue*: 15.1 billion EUR • Cooperative farmer owners: 11,000 • Milk volume*: 14.3 billion kilogram • Employees: 28,000 *From our 2025 annual results