Le Lézard
Subject: Environmental, Social, and Governance Criteria

Lactalis Canada Releases 2022 ESG Report

TORONTO, May 03, 2023 (GLOBE NEWSWIRE) -- Lactalis Canada, the Canadian dairy leader behind iconic brands like Cracker Barrel, Black Diamond, Balderson, Astro and Lactantia and a subsidiary of France-based Lactalis Group, today released Lactalis Canada's 2022 Environmental, Social and Governance (ESG) Report which highlights the company's drive to embed real and meaningful change across the organization and contribute to the wellbeing of the people, planet and communities it serves.

"Lactalis Canada's 2022 ESG Report is a roadmap to transform our business even as we grow, innovate and adapt to evolving global circumstances and is designed to enable responsible and profitable growth and deliver value for all Lactalis Canada stakeholders ? our people, consumers, customers, suppliers, dairy farmers, governments, industry and community partners," said Mark Taylor, President & CEO, Lactalis Canada. "Our report also outlines our efforts to advance three priorities to meet the evolving expectations of our customers and Canadian consumers ? circular economy and packaging, climate action, and animal welfare."

Lactalis Canada's report is directly aligned with the company's global ESG framework set by Lactalis Group, focusing on three key pillars of impact: People & Communities; Authentic Products & Heritage; and Land & Resources. In 2022, Lactalis Canada continued to integrate sustainable business practices into the day-to-day management of the company, improving its performance across these pillars:

People & Communities

Authentic Products & Heritage

Land & Resources

"We know our success is not measured by our words, but by our actions. Many opportunities and challenges lie ahead for both our company and our industry," added Taylor. "We are proud of the progress we've made, but we recognize there are areas where we need to improve to achieve our targets. We will continue to evolve Our Plan and be guided by our core values, our key stakeholders, and by the global insights and best practices of the Lactalis Group."

To read Lactalis Canada's 2022 ESG Report click here.

About Lactalis Canada Inc.
With 140 years of brand heritage, Lactalis Canada is committed to enriching and nurturing the lives of Canadians by producing nutritious and great tasting dairy products. Named on Forbes list of Canada's Best Employers, Lactalis Canada directly employs more than 4,000 employees, supports hundreds of farming families and contributes to the livelihoods of thousands of Canadians who provide essential services to Lactalis Canada's more than 30 operating sites including 19 manufacturing facilities. The company's iconic brands include Cracker Barrel, Black Diamond, P'tit Québec, Balderson, Cheestrings Ficello, aMOOza!, Astro, Khaas, siggi's, IÖGO, IÖGO nanö, Olympic, Lactantia, Beatrice, Galbani, and Président. Lactalis Canada is part of Lactalis Group, the world's leading dairy company, headquartered in Laval, France. For more information, visit www.lactalis.ca.

Media Contact:
Sarah Sutton
Manager, Corporate Communications, Lactalis Canada
[email protected]
c: (437) 249-2730

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1662d962-4259-45ee-a8a7-3c5d2d3a28a9

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