Planethic Group AG: Mililk Food Tech Makes Strategic Entry into East African Market - LOI Signed for 120 Million Litres of Mililk® Annually

Ludwigsfelde (pta008/23.09.2025/07:30 UTC+2)

Ludwigsfelde, 23rd September 2025 - Mililk Food Tech GmbH ('Mililk'), a wholly owned subsidiary of Planethic Group AG (formerly Veganz Group AG) ('Company' or 'Planethic') (ISIN: DE000A3E5ED2 / WKN: A3E5ED / Symbol: VEZ), today announced the signing of a letter of intent (LOI) with a potential distribution partner to supply 120 million litres of Mililk® annually.

Mililk® is an innovative next-generation technology for the efficient, sustainable production of milk, milk alternatives, juices, smoothies and soups. It delivers great taste, long shelf life, low logistics costs and outstanding value for money - making it a true game changer, especially in this region, where demand is already strong.

The LOI marks Mililk's entry into the East African market - a region with stable macroeconomic conditions and projected annual GDP growth of over 5 percent. Last year, the combined GDP of the East African Community (EAC) countries exceeded USD 300 billion.

With more than 300 million inhabitants, East Africa ranks among Africa's most dynamic growth regions, driven by a young, expanding population, rapid urbanisation and a rising middle class with increasing demand for modern consumer goods.

In the coming weeks, a delegation led by Rayan Tegtmeier, CEO-designate of Planethic Group, will travel to Africa to finalise customer contracts. Alongside the initial supply of Mililk® products from Germany, discussions will also focus on establishing a local production facility in East Africa.

"The LOI is a milestone in positioning Mililk® in high-growth markets outside Europe and the US," says Rayan Tegtmeier, CEO-designate of Planethic Group AG. "East Africa offers excellent growth prospects and underscores our commitment to international expansion. Over the next 18 months, we expect demand of 280 million litres of Mililk® from customers in North America, Africa and Asia."

About Planethic Group AG (formerly Veganz Group AG)

Founded in Berlin in 2011, Planethic Group AG is a FoodTech investment holding focused on profitable growth, technological innovation and sustainable international expansion.

Under the Happy Cheeze, Mililk®, Peas on Earth and Veganz brands, the company has developed innovative plant-based foods. Its extensive range of sweets, snacks and alternatives to milk, cheese and meat is sold across the D-A-CH region via online, retail and wholesale partners, including Edeka, Rewe, Spar International, Rossmann, dm Germany and Transgourmet.

In addition, Planethic Group holds investments in IP Innovation Partners Technology GmbH (IP portfolio) and Suplabs GmbH (food supplements) as well as a profit share in OrbiFarm GmbH.

Contact Planethic:

Karsten Busche

IR Consultant

Telephone: +49 (0) 30 2936378 0

Email: ir@planethic.de

Website: www.planethic.de

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