OSI Group (“OSI”), the premium global supplier of custom value-added food products to
the world’s leading foodservice and retail food brands, and Egeria Private Equity (“Egeria”),
a leading investment company in the Netherlands and the DACH region, are pleased to
announce the agreement for the sale of IQI (International Quality Ingredients), a
Netherlands-based, global provider of premium petfood ingredients, to OSI.

IQI will provide OSI with broader and integrated capabilities in the global petfood market
whilst benefitting from the opportunity to leverage OSI’s extensive supply chain network to
reach new geographies, develop additional supplier relationships and create unique,
innovative, premium animal protein and vegetable ingredients for petfood.

Mark Oostendorp, CEO of IQI, along with the IQI management team, look forward to
partnering with OSI leadership, stating, “This acquisition will greatly benefit our supply
partners and customers. OSI’s drive to provide any solution needed for their customers is
exactly how IQI has been developing solutions for our suppliers and customers in the
petfood space. The enormous OSI network and capabilities gives IQI the opportunity to
become a global leader of animal products and vegetables. This is like a playground for our
team, and we are excited to co-create new solutions for our suppliers and customers.”
“This partnership more closely connects OSI’s extensive industry relationships and animal
protein and vegetable capabilities directly to IQI’s customers.” said Mark Richardson, Senior
Executive Vice President, OSI International. “OSI welcomes IQI to the global OSI family
and looks forward to partnering with IQI to create new and innovative ingredients that
deliver unique solutions for their customers.”

Simone Poelen, Investment Manager at Egeria stated, “We would like to thank Mark,
Lennard and the entire IQI organization for the enjoyable and entrepreneurial partnership
over the past six years. Working together with our co-shareholders, founder Sven
Gravendeel and SAPI S.p.a, was a great experience. We are proud that we have been able
to support IQI in its transformation from a specialized trading company to becoming a
critical link in the petfood value chain and a frontrunner in sustainable ingredients and
animal welfare. With this solid foundation in place, we are confident that IQI will develop
further by leveraging the global scale, customer relations, manufacturing assets and
suppliers of OSI.”

About IQI
IQI, headquartered in Amersfoort, Netherlands, was founded in 1994 as a trading company
specializing in the supply of proteins to the petfood and livestock feed industries. Today,
IQI is a global industry partner that specializes in petfood claim and functional ingredients
across 10 different categories including animal protein, high omega 3 fish oil, vegetable,
and novel ingredient categories such as algae and fermented soy. The company offers
dedicated solutions for the entire process from sourcing ingredients to co-development of
sustainable concepts, technical service support, quality checks and improvement,
warehousing, logistics, and distribution to 60 countries around the world.

About OSI
OSI Group, LLC is a 100-plus year old, privately held company that is a global leader in
supplying value-added beef, poultry, pork, vegetable, and other food products to leading
global brands. The company currently has 65 facilities/offices in 17 countries covering 5
continents, with its global headquarters located in Aurora, Illinois, a suburb of Chicago.

About Egeria
Egeria is a leading investment company in the Netherlands and the DACH region, employing
over 75 people directly in five locations, with annual sales of around €2.5bn, providing
employment for almost 12,500 people and building on and investing in great places to live
and work through our investments together with management teams.

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