CHENNAI, INDIA — Freshara Agro Exports Limited has taken a significant strategic step in its global expansion journey, strengthening its presence in the international agri-food landscape. Following a Board meeting held on December 22, 2025, the Company has approved the acquisition of 100% equity stake in two SPVs —Conservas Selectas Españolas, S.L. and Gandin Invest, S.L.—as disclosed to the National Stock Exchange under Regulation 30 of the SEBI (LODR) Regulations.

The proposed acquisitions are aimed at establishing an operational base in Spain and enhancing Freshara’s access to European markets, forming a key part of the Company’s international expansion strategy, subject to completion within the disclosed timelines.

The Spanish Acquisition Strategy The expansion is centered on a "turnaround" model, revitalizing assets from the insolvency process of Aceitunas Sarasa, S.A.U. This allows Freshara to enter the European olive market with established infrastructure and local expertise.

• Operational Pillar: Through Conservas Selectas Españolas, S.L., Freshara will manage the processing and packaging of premium olive products.

• Asset Pillar: Through Gandin Invest, S.L., the company secures the physical production facilities and real estate, ensuring long-term operational stability.

Investment and Financial Commitment Freshara has committed a substantial capital outlay to ensure the success of this European venture: • Total Investment: Approximately ₹82.5 crore across both Spanish entities.

• Acquisition Cost: ~₹7.5 crore for the base equity and ~₹7.5 crore for mortgage obligations.

• Inventory & Materials: ~₹45 crore allocated for raw and packing materials to initiate production.

• Liquidity: ~₹22.5 crore dedicated to working capital for seamless day-to-day operations.

Completion Timeline: Targeted by March 31, 2026 — a transformational milestone in Freshara’s global journey.

Global Impact and Future Outlook The acquisition represents more than a financial expansion; it embeds Freshara within Europe’s renowned food heritage. By aligning its expertise in gherkins with Spain’s olive industry, Freshara is building a diversified and resilient foundation for international leadership.

• Network Expansion: Enhancing a supply chain that already spans 40+ countries, including major markets such as the USA and Russia.

• Farmer Empowerment: Leveraging the support of over 4,000 farmers in Tamil Nadu to align with global sustainability standards.

Performance Snapshot: (As per publicly available information compiled from third-party database i.e. website Screener.in (as on 28th Dec, 2025) • Market Cap: ~₹418 crore • P/E Ratio: ~12.9 • Revenue (TTM): ~₹281 crore • Net Profit (TTM): ~₹32 crore • ROE: ~37%, ROCE: ~25% • Debtor days reduced from 259 to 122 The above metrics are derived from publicly available sources and are indicative in nature.

About Freshara Agro Exports Limited : It is specialized in preserved vegetables and gherkins, Freshara operates two modern facilities in Tamil Nadu.

The company is a recipient of multiple awards from FIEO and ASSOCHAM, recognised for its excellence in sustainable agriculture and export growth.

As it moves toward 2026, Freshara stands as a beacon of Indian industrial ambition on the world stage.

Disclaimer This content is based on disclosures made by Freshara Agro Exports Limited to the National Stock Exchange of India Limited and publicly available information, without independent verification. Certain statements may be forward-looking and subject to risks and uncertainties, including regulatory, governmental, political, economic, and operational factors, and actual results may differ materially. This communication has been independently prepared and promoted, strictly for informational purposes only and does not constitute any buying/selling/holding investment advice. No responsibility or liability is assumed by any party for actions taken based on this content.

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