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PRESS RELEASE Sligro Sligro Food Group N.V. SLIGRO FOOD GROUP TRADING UPDATE FOR THE THIRD QUARTER OF 2021 In the third quarter of 2021 , net sales were up 1.8 % on the previous year . This growth in net sales was entirely organic . Cumulatively , net sales were down 9.8 % over the first three quarters of 2021 . Total net sales break down by segment as follows : Net sales Q3 Cumulative x € million 2021 2020 2021 Netherlands 510 504 1,229 Belgium 46 43 115 Group 556 547 1,344 2020 1,362 128 1,490 In the third quarter of 2021 , we saw strong recovery in virtually all customer segments of our sales markets . While corporate catering , the event industry and healthcare still lagged behind , we are seeing some gradual recovery there as well . Both in the Netherlands and Belgium , we have a relatively strong position in these customer segments . Where tobacco sales rose sharply last year , we saw a € 36 million drop in tobacco sales over the first three quarters of this year , partly due to changes in legislation . Developments in net sales in other customer segments partly make up for this . Moreover , this net sales development is increasingly reinforced by our new platform of one order , one delivery , and one invoice that we run in collaboration with our partner Heineken . Once the final remaining restrictions are lifted , our sales will bounce back to close to pre - COVID levels . Over the first nine months of this year , net sales declined by 26 % from the pre - COVID levels . In the third quarter , this decline levelled out somewhat to 10 % . After a turbulent restart of our markets , we are now gradually restoring calm to our supply chain , albeit that the limited availability of workers in distribution and transport and limited availability in a number of item categories will continue to plague our market for some time to come . In this challenging environment , we work hard every day , together with our suppliers and partners , to take services to our customers to the level they have come to expect from us . Our focus on keeping costs and investments down , combined with the recovery in net sales , enables us to strengthen our financial position . As of the third quarter , we no longer use the Dutch government's NOW wage subsidy scheme , and we have also paid all the taxes deferred from the fourth quarter of 2020 in this quarter . The best quarter of our year is ahead of us and it looks like there will be relatively few restrictions still in place then . This will give us plenty of scope to show with pride and passion what Sligro Food Group stands for . Time for us to close the year on a positive note together with our customers , colleagues , and partners and start preparing for a great 2022 . We are refraining from making any specific predictions for the results for the whole of 2021. We will publish the annual net sales on 5 January 2022. The annual figures will be published on 3 February 2022 . Staffing changes As previously reported in the half - year figures , Marianne van Leeuwen decided to step down as a member of the Supervisory Board of Sligro Food Group on account of her appointment as Director of Professional Football at KNVB as of 31 July 2021 . Pieter Boone has indicated that his work as CEO of Pick In Pay Stores Ltd. leaves him with insufficient time to keep fulfilling his role as a member of the Supervisory Board of Sligro Food Group to his usual high standard over the coming years . At the General Meeting of Shareholders of 23 March 2022 , Mr Boone will officially step down as one of Sligro Food Group's Supervisory Board members . Mr Boone will , however , continue to be on hand to help the Executive Board , at their request , with advice based on his broad and many years ' experience in the food service business . Page 1 of 2