Planet Based Foods Global Inc. Secures Royalty Agreement for New Horticulture Revenue Stream

Executive Summary

• Planet Based Foods Global Inc. entered into a royalty agreement for horticultural inputs produced in Van, Türkiye, creating a recurring revenue stream.
• The company will manage operations and receive a monthly revenue share from production under the agreement.
• The deal is positioned as a significant step toward diversifying PBFG’s revenue base and supporting near‑term cash flow while advancing long‑term growth initiatives.

Key Details

• Agreement Scope: Royalty arrangement covering horticultural inputs manufactured in Van, Türkiye.
• Operational Role: PBFG will manage the production operations associated with the inputs.
• Revenue Structure: Monthly distributions to PBFG based on a revenue share from the production output.
• Strategic Impact: Intended to diversify and stabilize the company’s revenue base, providing near‑term cash flow and supporting long‑term growth strategies.
• Executive Comment: CEO Claire Skillen highlighted the establishment of recurring revenues as an important milestone for shareholder value and sustainable solutions.

Notable Quotes

“Establishing recurring revenues is an important milestone for PBFG and supports our broader mission of delivering shareholder value alongside sustainable solutions.” – Claire Skillen, Chief Executive Officer and President.