Freshpet, Inc. — fact timeline

Nicola Baty changed role as President at Freshpet, Inc..

“Nicola Baty, the Company’s Chief Operating Officer since September 2024, will assume the additional role of President of the Company on the Separation Date.”

Scott Morris retired as President at Freshpet, Inc..

“Scott Morris, co-founder and President of the Company, will retire effective as of October 20, 2026”

Freshpet, Inc. shareholders approved Non-Binding Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers at the 2026-06-10 meeting.

“The executive compensation of the Company’s named executive officers was approved with the following non-binding advisory votes: FOR AGAINST ABSTAIN 40,844,496 1,682,726 51,281”

Freshpet, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-06-10 meeting.

“The appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2026 was ratified with the following votes: FOR AGAINST ABSTAIN 44,890,659 115,995 47,158”

Freshpet, Inc. shareholders approved Election of Directors at the 2026-06-10 meeting.

“All nominees were elected to serve on the Board of Directors pursuant to the following votes: DIRECTOR FOR AGAINST ABSTAIN Olu Beck 42,454,032 73,236 51,235”

Freshpet, Inc. reported quarter ended March 31, 2026 results: revenue Net sales of $297.6 million, net income Net income of $48.5 million. Guidance raised.

“(Nasdaq: FRPT) today reported financial results for its first quarter ended March 31, 2026. First Quarter 2026 Financial Highlights Compared to Prior Year Period • Net sales of $297.6 million, an increase of 13.1%. • Gross margin of 40.5%, compared to the prior year period of 39.4%. • Adjusted Gross Margin of 46.9%, compared to the prior year period of 45.7%. 1 • Net”

Nicki Baty was appointed as Chief Operating Officer at Freshpet, Inc..

“Effective September 1, 2024, Freshpet, Inc. (the “Company”) appointed Nicki Baty, 45, as the Company’s Chief Operating Officer.”

Freshpet, Inc. reported the quarter ended March 31, 2024 results: revenue $223.8 million, net income $18.6 million. Guidance raised.

“(Nasdaq: FRPT) today reported financial results for its first quarter ended March 31, 2024 . First Quarter 2024 Financial Highlights Compared to Prior Year Period ● Net sales of $223.8 million, an increase of 33.6%. ● Gross margin of 39.4%, compared to the prior year period of 30.3%. ● Adjusted Gross Margin of 45.3%, compared to the prior year period of 38.5%. ● Net”

Lauri Kien Kotcher was elected as Director at Freshpet, Inc..

“On April 9, 2024, Lauri Kien Kotcher was elected to the Board in the vacancy created by Dr. Coben’s departure as a Class II director with a term expiring at the Company’s 2025 annual meeting of stockholders.”

Lawrence S. Coben resigned as Director at Freshpet, Inc..

“On April 8, 2024, Lawrence S. Coben, Ph.D., a member of the Board of Directors (the “Board”) of Freshpet, Inc. (the “Company”), informed the Board of his resignation from the Board.”

Nishu Patel was appointed as Chief Accounting Officer at Freshpet, Inc..

“On April 1, 2024, Nishu Patel, who had been serving as Vice President, Corporate Controller of Freshpet, Inc. (the “Company”) since joining the Company in June 2023, was appointed the Company’s Chief Accounting Officer.”

Freshpet, Inc. reported financial results for the quarter and year ended December 31, 2023.

“On February 26, 2024, Freshpet, Inc. (“Freshpet”) issued a press release disclosing its financial results for the quarter and year ended December 31, 2023. The full text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.”

Freshpet, Inc. reported the first nine months of 2023 results: revenue $551.5 million, net income Net loss of $48.9 million.

“Net sales increased 28.4% to $551.5 million for the first nine months of 2023 compared to $429.5 million for the first nine months of 2022.”

Freshpet, Inc. reported the quarter ended September 30, 2023 results: revenue $200.6 million, net income Net loss of $7.2 million. Guidance raised.

“FRPT) today reported financial results for its third quarter ended September 30, 2023 . Third Quarter 2023 Financial Highlights Compared to Prior Year Period ● Net sales of $200.6 million, an increase of 32.6%. ● Net loss of $7.2 million, compared with prior year net loss of $18.4 million. ● Adjusted EBITDA of $23.2 million, compared to prior year of $3.5 million.”

Freshpet, Inc. shareholders approved Approval, by Non-Binding Advisory Vote, of the Compensation of the Company’s Named Executive Officers at the 2023-10-10 meeting.

“(3) Approval, by Non-Binding Advisory Vote, of the Compensation of the Company’s Named Executive Officers. The Say-on-Pay advisory proposal to approve executive compensation was approved with the following votes: FOR AGAINST ABSTAIN 41,159,616 1,495,303 46,643 There were 2,964,313 broker non-votes with respect to this matter.”

Freshpet, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-10-10 meeting.

“(2) Ratification of Appointment of Independent Registered Public Accounting Firm. The appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2023 was ratified with the following votes: FOR AGAINST ABSTAIN 45,446,010 178,868 40,998 There were no broker non-votes with respect to this matter.”

Freshpet, Inc. shareholders approved Election of Directors at the 2023-10-10 meeting.

“(1) Election of Directors. All nominees were elected to serve on the Board of Directors pursuant to the following votes: DIRECTOR FOR WITHHOLD OLU BECK 41,910,123 791,440 WILLIAM B. CYR 42,294,343 407,220 LETA D. PRIEST 38,908,823 3,792,740 DAVID J. WEST 42,316,136 385,427”

Freshpet, Inc. entered into Cooperation Agreement with JANA Partners LLC valued at Cooperation Agreement with customary standstill, non-disparagement, board expansion, and mutual rele (effective 2023-08-21).

“On August 21, 2023, Freshpet, Inc. (“ Freshpet ” or the “ Company ”) entered into a Cooperation Agreement (the “ Cooperation Agreement ”) with JANA Partners LLC (together with its affiliates and associates, “ JANA ”).”

Joseph Scalzo was appointed as Director at Freshpet, Inc..

“Effective August 21, 2023, Timothy McLevish and Joseph Scalzo have been appointed as members of the Board.”

Timothy McLevish was appointed as Director at Freshpet, Inc..

“Effective August 21, 2023, Timothy McLevish and Joseph Scalzo have been appointed as members of the Board.”

Freshpet, Inc. updated its Full Year 2023 guidance (raised).

“Raises Adjusted EBITDA guidance; re-affirms net sales guidance”

Freshpet, Inc. reported second quarter ended June 30, 2023 results: revenue Net sales of $183.3 million, net income Net loss of $17.0 million. Guidance raised.

“Freshpet, Inc. (“Freshpet” or the “Company”) (Nasdaq: FRPT) today reported financial results for its second quarter ended June 30, 2023 . Second Quarter 2023 Financial Highlights Compared to Prior Year Period ● Net sales of $183.3 million, an increase of 25.6% ● Net loss of $17.0 million, compared with prior year net loss of $20.6 million”

Walter N. George III was appointed as Chair of the Board at Freshpet, Inc..

“the Board has appointed Walter N. George III to serve as Chair of the Board, effective immediately upon Mr. Norris’ retirement on July 21, 2023.”

David J. West was appointed as Director at Freshpet, Inc..

“on July 21, 2023, the Company, upon the recommendation of the Nominating, Governance and Sustainability Committee of the Board, appointed David J. West to the Board, effective immediately upon Mr. Norris’ retirement.”

Charles Norris retired as Chair of the Board at Freshpet, Inc..

“On July 20, 2023, however, Mr. Norris informed the Board of his intent to retire as of the earlier date of July 21, 2023.”

J. David Basto resigned as Director at Freshpet, Inc..

“On May 30, 2023, J. David Basto notified the Board of Directors (the “Board”) of Freshpet, Inc. (“Freshpet” or the “Company”) of his resignation from the Board, and all committees thereof, effective May 31, 2023.”

Walter George was appointed as Independent Chair of the Board at Freshpet, Inc..

“Walter George, current Chair of the Nominating, Governance and Sustainability Committee of the Board, has been appointed the new independent Chair of the Board”

Charles Norris departed as Chair of the Board at Freshpet, Inc..

“Chair of the Board Charles Norris will retire from the Board and will not stand for reelection at the Company’s 2023 annual meeting of stockholders”

David B. Biegger was appointed as Independent Director at Freshpet, Inc..

“appointed David B. Biegger as an independent director”

Freshpet, Inc. reported For full year 2023 results: revenue Net sales of ~$750 million. Guidance reaffirmed.

“For full year 2023, the Company reiterates its full year underlying guidance on Net Sales and Adjusted EBITDA. The Company expects the following results: ● Net sales of ~$750 million, an increase of ~26% from 2022. ● Adjusted EBITDA of at least $50 million.”

Freshpet, Inc. reported for its first quarter ended March 31, 2023 results: revenue Net sales of $167.5 million, net income Net loss of $24.8 million. Guidance reaffirmed.

“(Nasdaq: FRPT) today reported financial results for its first quarter ended March 31, 2023 . First Quarter 2023 Financial Highlights Compared to Prior Year Period ● Net sales of $167.5 million, an increase of 26.7% ● Net loss of $24.8 million, compared with prior year net loss of $17.5 million ● Adjusted EBITDA of $3.0 million, compared to prior year of $(0.3) million.”

Freshpet, Inc. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $402,500,000 (effective 2023-03-20).

“On March 20, 2023, Freshpet, Inc. (the “ Company ”) issued $402,500,000 principal amount of its 3.00% Convertible Senior Notes due 2028 (the “ Notes ”). The Notes were issued pursuant to, and are governed by, an indenture (the “ Indenture ”), dated as of March 20, 2023, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “ Trustee ”).”

Freshpet, Inc. terminated Sixth Amended and Restated Loan and Security Agreement with City National Bank (effective 2023-03-15).

“On March 13, 2023, Freshpet, Inc. (the “ Company ”), notified City National Bank (" CNB "), in its capacity as administrative agent under Freshpet's Sixth Amended and Restated Loan and Security Agreement, dated as of February 19, 2021, by and among the Company, as borrower, CNB, as the arranger and administrative agent, and the lenders party thereto (as amended, the “ Credit Agreement ”), of Freshpet's intent to terminate the Credit Agreement, with such termination to become effective as of March 15, 2023”

Freshpet, Inc. reported full year ended December 31, 2022 results: revenue $595.3 million, net income $59.5 million net loss.

“● Net sales of $595.3 million, an increase of 39.9% ● Net loss of $59.5 million compared to a net loss of $29.7 million”

Freshpet, Inc. reported fourth quarter ended December 31, 2022 results: revenue $165.8 million, net income $2.9 million net loss.

“● Net sales of $165.8 million, an increase of 43.1% ● Net loss of $2.9 million, compared to net loss of $9.3 million”

Todd Cunfer was appointed as Chief Financial Officer at Freshpet, Inc..

“On November 1, 2022, Freshpet, Inc. (the “Company”) announced the appointment of Mr. Todd Cunfer to serve as Chief Financial Officer of the Company, effective as of December 1, 2022”

Freshpet, Inc. reported its third quarter ended September 30, 2022 results: revenue $151.3 million, net income Net loss of $18.4 million. Guidance reaffirmed.

“Freshpet, Inc. Reports Third Quarter 2022 Financial Results Continued Strong Topline Growth Freshpet Advances Operational Improvement Plan to Drive Margin Expansion Reduces 2022/2023 Capital Spending Guidance by $100 million Reiterates Full Year Underlying Guidance and Updates Go-Forward Adjusted EBITDA Guidance Methodology SECAUCUS, N.J. – November 1, 2022 – Freshpet, Inc. (“Freshpet” or the “Company”) (Nasdaq: FRPT) today reported financial results for its third quarter ended September 30, 2022 . Third Quarter 2022 Financial Highlights Compared to Prior Year Period ● Net sales of $151.3 million, an increase of 40.7% ● Net loss of $18.4 million, compared with prior year net loss of $2.1 million”

Heather Pomerantz departed as Chief Financial Officer at Freshpet, Inc..

“Mrs. Heather Pomerantz stepped down from her role as Chief Financial Officer of Freshpet, Inc. (the “Company”) to pursue other opportunities, effective as of September 7, 2022.”

Richard (Dick) Kassar was appointed as Interim Chief Financial Officer at Freshpet, Inc..

“Effective September 7, 2022, the Company’s board of directors (the “Board”) appointed Richard (Dick) Kassar, the Company’s current Vice Chairman (and previous Chief Financial Officer) as interim Chief Financial Officer of the Company.”

Heather Pomerantz departed as Chief Financial Officer at Freshpet, Inc..

“Effective September 7, 2022, Heather Pomerantz stepped down from her role as Chief Financial Officer of Freshpet, Inc. (the “Company”) to pursue other opportunities.”

Stephen Weise changed role as Executive Vice President of Manufacturing & Supply Chain at Freshpet, Inc..

“On July 13, 2021, Freshpet, Inc. (the “Company”) announced that Stephen Weise will begin to transition from his role as the Company’s Executive Vice President of Manufacturing & Supply Chain, effective August 1, 2021, in anticipation of his retirement at the end of 2022.”