Lifeway Foods Rejects Proposal from Danone and Adopts Limited Duration Shareholder Rights Plan

November 11, 2024 Lifeway Foods, Inc.

After careful and thorough consideration, conducted in consultation with its independent financial and legal advisors, the Board determined that Danone’s opportunistic proposal substantially undervalues Lifeway and is not in the best interests of the Company and its shareholders or other stakeholders.

Lifeway Foods Introduces 10 New, Hot and On-Trend Organic Kefir Flavor Fusions to its Single Serve Lineup

October 16, 2024 Lifeway Foods, Inc.

The entire line is lactose-free, as consumer demand for lactose-free dairy products is predicted to grow rapidly over the next five years1. Many of these flavor combinations have never been seen before in the cultured dairy category.

Lifeway Foods Announces New Kefir Distribution in South Africa

September 30, 2024 Lifeway Foods, Inc.

The offering of Lifeway Kefir and ProBugs, exported from the United States, is currently shipping and available on shelves now. The retailers will be a mix of independent and health food stores, along with limited initial placements at established chains such as Pick n Pay and Shoprite.

Lifeway Foods Sponsors Charity Miles to Support Mental Health

September 13, 2024 Lifeway Foods, Inc.

Lifeway has been a leader in the wellness space since 1986, bringing probiotic kefir and farmer cheese into the mainstream. Look for Lifeway on the Charity Miles app, in the dairy aisle of your favorite store and online.

Lifeway Foods to Participate in the 8th Annual Lake Street Best Ideas Growth Conference

September 10, 2024 Lifeway Foods, Inc.

Julie Smolyansky, Lifeway’s President and Chief Executive Officer, will host one-on-one meetings with institutional investors throughout the day. Investors interested in arranging a meeting should contact their Lake Street representative.