Mr. Carl Colizza reports

SAPUTO ANNOUNCES ORGANIZATIONAL EVOLUTION TO SUPPORT LONG-TERM GROWTH STRATEGY

Saputo Inc. is evolving its organizational structure designed to strengthen the company's ability to execute its strategic priorities, enhance commercial execution within its ingredient business, accelerate enterprise transformation and support continued expansion of its ingredients platform.

The changes reflect Saputo's commitment to evolving its business to meet changing customer, consumer and market needs while enhancing organizational agility and execution.

"As Saputo continues to evolve its portfolio and invest in growth opportunities, it is important that our organizational structure evolves alongside our business," said Carl Colizza, president and chief executive officer. "These changes are intended to increase organizational focus, strengthen accountability and improve execution across key strategic priorities. This is about ensuring we have the right structure to support our future ambitions and create sustainable value for our stakeholders."

New Ingredients Division

As demand for higher-value dairy ingredients continues to grow globally, Saputo is creating a dedicated Ingredients Division to accelerate innovation, strengthen commercial focus and expand opportunities across global markets.

Steve Douglas has been appointed president and chief operating officer, ingredients, where he will be responsible for leading the division's commercial, operational, innovation and growth initiatives. Mr. Douglas will also remain president and chief operating officer, Dairy Division (United Kingdom), until the completion of the previously announced sale of the Dairy Division (U.K.).

Enterprise transformation

To support the company's continued evolution and accelerate the adoption of new technologies and ways of working, Saputo has created the role of chief enterprise transformation officer, to be led by Haig Poutchigian. In this newly created role, Mr. Poutchigian will lead the integration of our business administration and operational finance, as well as information technology teams into a single enterprise services model.

The new structure is intended to improve consistency, visibility and scalability across the enterprise. By bringing these capabilities together, Saputo expects to streamline processes, reduce complexity, improve co-ordination and accelerate execution, while supporting productivity, automation, and data-driven decision-making across the enterprise.

Canadian division

As part of its organizational evolution, Dave Paradis has been appointed president and chief operating officer, Dairy Division (Canada). In this role, Mr. Paradis will lead Saputo's Canadian operations, with a focus on advancing the division's strategic priorities, strengthening commercial execution, enhancing customer partnerships and driving operational excellence across the business.

These organizational changes do not alter Saputo's strategic priorities. Rather, they are intended to enhance focus, accountability and execution across the business.

About Saputo Inc.

Saputo, one of the top-10 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 United States, Saputo is a leading cheese producer and extended shelf-life and cultured dairy products manufacturer.

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