Lifeway Foods prices secondary offering of 3.45M shares at $19.50; to repurchase $5M

Lifeway Foods, Inc.

Secondary offering of 3,454,756 shares by Danone USA at $19.50 per share; closing expected May 19, 2026.
Lifeway will not receive any proceeds from the offering; all shares sold by the selling stockholder.
Lifeway agreed to repurchase approximately $5.0 million of the shares at the same price, conditioned on offering completion.
BTIG LLC acting as sole underwriter; offering made under effective shelf registration statement.

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