Veganz Group AG has taken over additional space at the Ludwigsfelde site to
expand Mililk® production

EQS-News: Veganz Group AG / Key word(s): Expansion
Veganz Group AG has taken over additional space at the Ludwigsfelde site to
expand Mililk® production

05.07.2024 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Ludwigsfelde, 5th of July 2024 - Veganz Group AG has taken over approx.
1,000 square metres of new space at the Ludwigsfelde site to expand and
increase production capacity for the production of its new, innovative milk
alternatives from the 2D printer. The space will be developed over the next
few weeks and converted for the production of Mililk® products.

This expansion will be accompanied by an optimisation and automation of the
production processes, which will enable a daily production capacity of
50,000 litres of Mililk® milk alternatives based on oats and almonds and
meet the increasing demand.

"I am delighted that we have found an almost perfect solution at our site in
Ludwigsfelde to expand the production of our Mililk® milk alternatives,
which only started in February 2024 using the innovative 2D printing
process, and thus adapt our capacities to market conditions by a factor of
5. My special thanks go to the MLP Group team, who have enabled us to take
this step with their usual flexibility and commitment," says Jan Bredack,
founder and CEO of Veganz Group AG

About Veganz Group AG

Veganz (veganz.de) - Good for you, better for everyone - is a brand and
producer of plant-based food. Founded in 2011 in Berlin, Veganz became known
as a European vegan supermarket chain. With a colourful and life-affirming
corporate philosophy, Veganz succeeded in breaking up the vegan niche and
establishing the plant-based food trend on the market. The current product
portfolio includes products from breakfast to dinner, which are widely
available in the DACH region. The Veganz range is continuously optimised
with high-quality, innovative items and the sustainable value chain is
constantly improved. As a transparent brand, Veganz is B Corp certified,
compares the environmental balance of all its own products with all food
products in the German-speaking region and regularly sets new benchmarks for
a sustainable food industry.

Media contact: Moritz Möller | presse@veganz.de | +49 151 65759621


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05.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Veganz Group AG
                   An den Kiefern 7
                   14974 Ludwigsfelde
                   Germany
   Phone:          +49 (0)30 2936378 0
   Fax:            +49 (0)30 2936378 20
   E-mail:         info@veganz.de
   Internet:       https://veganz.de/
   ISIN:           DE000A3E5ED2
   WKN:            A3E5ED
   Listed:         Regulated Unofficial Market in Berlin, Frankfurt
                   (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1940143

End of News EQS News Service
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1940143 05.07.2024 CET/CEST