MICC

The Magnum Ice Cream Company N.V. is trading at fair value, with no compelling reason to buy or sell at current levels. MICC reported strong Q3 organic sales growth of 9.6%, but profitability improvements remain modest, and seasonality persists. The company maintains a healthy balance sheet, with an interest coverage ratio of 7.5x and robust cash flow aided by transitional arrangements with Unilever.

Magnum Ice Cream NYSE: MICC reported third-quarter revenue growth of 12.1% to €2.5 billion, driven by organic sales growth of 9.6% and volume growth of 7.3%, as the company gained market share across its regions and benefited from strong demand during the summer season.

Q3 2026 Trading Update Q3 organic sales growth +9.6%; Full year growth outlook upgraded Share gains and strong volume-led growth, driven by innovation and improved execution Amsterdam, 29 October 2026 Q3 2026 revenue grew +12.1% to €2.5 billion (Q3 2025: €2.2 billion) +9.6% organic sales growth (OSG): volume +7.3% and price +2.2% Strong OSG in all regions: Europe & ANZ +8.9%, Americas +3.9%, AMEA +17.6% Extended summer in Europe aided growth by an estimated 2-3% during the quarter Productivity programme on track Full year growth outlook upgraded to approximately 5.5% (from 3 to 5%) Financial Highlights In €, percentage (unaudited) Q3 2026 Q3 2025 Q3 YTD 2026 Q3 YTD 2025 Revenue (in € billions) 2.511 2.240 7.202 6.743 Reported revenue growth 12.1% -1.3% 6.8% 1.2% Organic Sales Growth 9.6% 3.3% 6.4% 4.9% Organic Volume Growth 7.3% -0.1% 4.1% 2.3% Organic Price Growth 2.2% 3.4% 2.2% 2.6% Peter ter Kulve, CEO: “We delivered strong performance in Q3, with volume-led growth ahead of the growing ice cream category. This performance extends our track record of share gains; reflecting the strength of our brands, the impact of our innovation, and continued improvements in execution.

The Magnum Ice Cream Company N.V. (TMICC or the Company) Annual General Meeting - Update Statement – Resolution 5 Voting Outcome The Company provides this update statement on its engagement with shareholders following the Annual General Meeting (AGM) held on 7 May 2026.

The Magnum Ice Cream Company N.V. (TMICC or the Company) Share Purchase - Long Term Incentive Plans On 18 August 2026, the Company announced that it planned to enter into forward contracts to acquire up to 5.5 million ordinary shares to cover certain of its obligations arising from its long-term incentive plans.