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ARYZTA AG News Release 2021 1 Third Quarter Revenue Update Schlieren / Switzerland , 1 June 2021 Continuing operations reported positive Q3 organic revenue growth of + 2.6 % in constant currency Total Group reported Q3 organic revenue growth of + 6.2 % in constant currency as the period lapped COVID - 19 impact Disposal of North America business and assets completed Repositioning in Europe and Rest of World well underway Revenue for the three months ended 1 May 2021 ARYZTA Rest of World € m 58.5 14.1 % Revenue Organic movement Disposals movement Currency movement Total revenue movement ARYZTA Europe € m Revenue Organic movement Disposals movement Currency movement Total revenue movement 302.9 0.6 % ( 0.9 ) % ( 0.3 ) % Revenue for the nine months ended 1 May 2021 ARYZTA Rest of World € m 179.3 ( 1.4 ) % ARYZTA Europe € m 934.6 ( 14.0 ) % ( 1.3 ) % ( 0.6 ) % ( 15.9 ) % ( 2.5 ) % 11.6 % ( 7.7 ) % ( 9.1 ) % ARYZTA Passion for good food Total Total Continuing Discontinued Total ARYZTA Operations Operations € m 361.4 2.6 % ( 1.2 ) % 1.4 % ARYZTA AG Chair and Interim CEO , Urs Jordi , commented : € m 260.5 10.8 % ( 13.7 ) % ( 6.6 ) % ( 9.5 ) % Group € m 621.9 6.2 % ( 6.1 ) % ( 3.6 ) % ( 3.5 ) % Total Total Continuing Discontinued Total ARYZTA Operations Operations € m € m 1,113.9 793.9 ( 12.1 ) % ( 7.4 ) % Group € m 1,907.8 ( 10.1 ) % ( 1.1 ) % ( 6.7 ) % ( 3.5 ) % ( 1.7 ) % ( 5.9 ) % ( 3.5 ) % ( 14.9 ) % ( 20.0 ) % ( 17.1 ) % " The swift conclusion of the ARYZTA North America disposal in the period and a resumption of organic growth underscores the progress being achieved in a short time . While Q3 revenue development was positive in terms of volume and price / mix for con tinuing operations across the majority of our markets , some have yet to turn positive and work is actively ongoing to accelerate this . The need for pricing to recover widespread inflation factors in new tenders and contracts is being addressed through ac tive customer communication and proactive professional procurement pricing . "