Cris-Tim Family Holding (Cris-Tim), the leader in the Romanian cold cuts and ready meal markets, announces the approval by the Financial Supervisory Authority („ASF”), on October 15, 2025, of the Prospectus for the initial public offering of up to 27,066,667 shares.

The offering is taking place between 17 and 29 of October 2025 and involves the sale of existing shares by Rangeglow Limited and the issuance of new shares as part of a share capital increase of Cris-Tim Family Holding. In the event of the successful closing of the initial public offering, Cris-Tim will apply for admission to trading of all issued shares on the Regulated Market of the Bucharest Stock Exchange (“BVB”), Premium category, under the stock ticker CFH.

The funds raised through the initial public offering, both those obtained from the subscription of new shares (part of the share capital increase) and those obtained from the sale of existing shares, will be used in significant proportion to support Cris-Tim’s investment plans.

The selling shareholder, Rangeglow Limited, will use part of the funds from the offering to repay loans granted by the Company in the amount of EUR 57.3 mn, equivalent to RON 290.8 mn (including interest) accrued until August 31, 2025, (plus any additional amounts resulting from new loans, new drawdowns under existing arrangements, as well as from interest accruals up to the date of the Prospectus, within the limit of the EUR equivalent of RON 306 mn), following the reorganisation and consolidation of intra-group debts. The Company will use the funds obtained from the offer (i.e. both those obtained from the subscription of new shares, as well as those received from the selling shareholder according to the details above) to support its investment plans. For more information on the structure of the initial public offering, the destination of the funds raised and the Company’s investment plans, please consult the dedicated sections of the Prospectus.

For the period 2025 – 2030, Cris-Tim is considering an investment plan in the amount of RON 890 mn, of which RON 768 mn are allocated to the cold cuts segment, and RON 121 mn are allocated to the ready-meals segment and other investment objectives. Part of this investment plan is focused on developing existing production capacities, a program partially financed by the national program for revitalizing the agri-food industry, Investalim. The investment program will be implemented between 2025 and 2028, with the financing agreement signed on October 8, 2024, by the Agency for Financing Rural Investments (“AFIR”).

In addition to the organic growth objectives, the Company intends to identify merger and acquisition targets in the coming years, with the aim of strengthening its competitive position in the cold cuts and ready-meal markets, as well as diversifying its product portfolio.

The Company intends to distribute a minimum of 50% of the annual individually distributable net profit as ordinary dividends.

In the context of the approval of the Prospectus for the initial public offering of Cris-Tim Family Holding, Radu Timiș Jr., CEO of Cris-Tim, states:

“Cris-Tim Family Holding is a Romanian entrepreneurial company that has constantly developed over its 33 years of activity, confirming its leading position in the cold cuts and ready meals markets. Innovation and the superior quality of our products have been and will always be the main pillars of our operations.

We created the unique Clean Label concept, launched new categories ahead of time, from raw dried to ready meals and sliced cold cuts, and demonstrated that the entire industry can be transformed through vision, responsibility and care for consumers. Today, our emblematic brands – “Cris-Tim”, “Matache Măcelaru'” and “Bunătăți” – reach the tables of millions of consumers every day, both in the country and abroad.

Our investment and development plans will allow us to reach a new level of performance in terms of production standards, efficiency and quality, and to become a benchmark of excellence for the South-Eastern European region. At the same time, we are targeting a series of products from competitors, both locally and regionally, in order to increase our commercial footprint and access new categories of products with added value, perfectly completing the existing portfolio. From today, all those who are our consumers and appreciate our products have the opportunity to invest with us, to be part of the continuation of this Romanian success story”.