2025 Atria Plc Board of Directors Report, Sustainability Statement and Financial Statements

ATRIA'S YEAR 2025

BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025

GOVERNANCE 2025

BOARD OF DIRECTORS' REPORT 3

Overview of 2025 4

Key figures 6

Financing and liquidity 6

Strategy, goals and value chain 7

Stakeholders' interests and views 10

Research and development 11

Events after the period under review 12

Risks and risk management 12

Governance and operations 18

Related-party loans 18

Personnel average, FTE 18

Incentive programmes for management and key personnel 19

Outlook for 2026 20

Flagging notifications 20

Atria Plc's share capital 20

Valid authorisations to acquire the company's own shares

or issue shares, grant special rights, and make donations 20

Distributable funds and the Board of Directors' proposal

for profit distribution 21

Information about the shares and shareholders 22

Key figures 24

Calculation formulas for key financial figures 25

Items affecting comparability of result 27

SUSTAINABILITY STATEMENT 28

CONSOLIDATED FINANCIAL

STATEMENTS (IFRS) 99

Consolidated financial statements 100

Consolidated balance sheet 101

Statement of changes in the Group's equity 102

Consolidated cash flow statement 103

Notes to the consolidated financial statements 104

PARENT COMPANY'S FINANCIAL

STATEMENTS (FAS) 143

Income statement 144

Balance sheet 145

Cash flow statement 146

Notes to the financial statements 147

SIGNATURES TO THE FINANCIAL

STATEMENTS 155

AUDITOR'S REPORT 156

This part of the Annual Report in PDF format is not an xHTML document compliant with the ESEF (European Single Electronic Format) regulation. The Board of Directors' Report, Sustainability Statement and Financial Statements 2025 in accordance with ESEF regulations are available electronically as an xHTML document in Finnish language at

atria.com/sijoittajat/taloustieto/vuosikertomukset

Atria's Annual Report 2025 consists of three parts:

Atria's year 2025

Board of Directors' Report, Sustainability Statement and Financial Statements 2025

Governance 2025

All parts are found on Atria's website:

ATRIA.COM

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

BOARD OF DIRECTORS' REPORT

BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 3

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO THE FINANCIAL STATEMENTS

AUDITOR'S REPORT

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 4

OVERVIEW OF 2025: ATRIA HAD ANOTHER STRONG YEAR - NET SALES AND ADJUSTED EBIT GREW

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO THE FINANCIAL

"The year 2025 was strong for Atria and in many ways a success. Both the net sales and adjusted EBIT reached their highest levels in the Group's history, reflecting our organisation's great performance and the effectiveness of the strategic choices made.

Atria Group's net sales increased to EUR 1,813.7 million. Growth of EUR 58.4 million was achieved compared to the previous year.

Atria Sweden's net sales amounted to EUR 392.7 million, increasing by EUR 32.5 million year-on-year. Sales to the retail trade and Foodservice customers developed favourably. The retail markets for fresh poultry meat and convenience foods have been growing strongly in Sweden. Atria has been able to increase its sales in the growing market. The acquisition of Gooh! in May 2024 increased net sales. The stronger exchange rate for the Swedish krona also increased the net sales in euros.

Atria Finland's net sales were EUR 1,319.6 million, with an increase of EUR 24.0 million year-on-year. The strong sales growth in H2 reversed the downward trend in net sales seen at the beginning of the year. Sales to the retail trade, in particular, increased towards the end of the year. Sales to export and industrial customers, as well as feed sales, were higher than in the previous year. The new nutrition recommendations published at the end of 2024 had a negative impact on consumer demand for meat products, but the decline in demand at the beginning of the year levelled off towards the end of the year. The Finnish Food Workers' Union's strike in April and the related overtime and shift change bans had a negative impact on the net sales of the reporting period.

Atria Denmark & Estonia's net sales were EUR 124.8 million, showing a decrease of EUR 1.1 million year-on-year. Problems with the availability of meat raw material caused by African swine

fever outbreaks in Estonia weighed down Atria Estonia's

net sales. Atria Denmark's net sales grew thanks to improved sales volumes, especially to export customers.

Atria Group's adjusted EBIT was EUR 69.9 million, up by EUR 4.5 million from the previous year. In 2025, EBIT was EUR 64.0 million (EUR 66.4 million).

Atria Sweden's EBIT grew by EUR 3.8 million from the previous year, amounting to EUR 8.3 million. The company's performance was boosted by successful sales and marketing measures, an improved sales mix, and increased efficiency in production and logistics.

Atria Finland's adjusted EBIT was EUR 62.2 million, up by EUR

1.8 million year-on-year. The good performance in 2025 resulted from improved efficiency in poultry production and the concentration of production in the new poultry plant in Nurmo. In addition, the growth of net sales in H2, along with the start of chicken exports to China at the end of the year, were key drivers of the improved EBIT. Atria divested the Kuopio plant site, and site restoration was initiated. As a result, a non-recurring expense of EUR 5.9 million, mainly with cash effect, was recorded in the last quarter of 2025. Leaving the plant site will bring Atria annual savings of approximately EUR 0.5 million.

Atria Denmark & Estonia's EBIT was EUR 4.9 million, which was EUR 0.3 million lower than in the comparison period. The decrease in EBIT was due to the detection of swine fever infections at Atria's pig farms in Estonia, which caused additional costs and market disruptions, as well as problems with the availability of meat raw material. During the reporting period, Atria Denmark launched projects to improve production efficiency and productivity.

Despite large investments, the balance sheet was at the planned level. The equity ratio was 45.7% (43.2%), while the strategic target was 40%. Atria's net gearing ratio was also good, at 48.1% (61.8%). The average interest rate on loans at the end of the year was 3.36%, compared to 3.76% in the previous year. Atria has reduced its interest rate risk by dividing financing into instruments with variable and fixed interest rates, and by hedging with interest rate derivatives. At the end of the year, fixed rate debt represented 47.6% of the total loan portfolio.

The Group's liquidity remained good and was secured by undrawn committed credit facilities of EUR 50 million at the end of the year. These were not used at all during the financial period.

The Group also has a EUR 200 million commercial paper programme, which was used for short-term financing.

In Atria's history, 2025 was a significant year for strategic investment decisions and improving sustainability. The company continued its determined work for a carbon-neutral food chain and strengthened its position as the winning Northern European food company. The main themes of the year were the modernisation of convenience food production, green transition energy solutions, major lifecycle investments, and numerous consumer-oriented product innovations.

Investments and sustainability

In 2025, Atria's largest project launch was the modernisation of the Nurmo production plant. The company launched an investment of EUR 82.4 million, covering the modernisation of convenience food production and the improvement of energy efficiency. The project modernises the production processes and makes heat production carbon dioxide-free. This investment will reduce Atria's carbon dioxide emissions (Scopes 1 and 2) by approximately 32,000 equivalent tonnes, which means almost halving the emissions from the 2024 level. Energy consumption is

CONTENTS

BOARD OF DIRECTORS' REPORT

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 5

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

estimated to decrease by 50,000 MWh, which equals 21% of Atria Finland's energy use. In addition, the energy solutions will bring annual savings of more than EUR 5 million. The construction of the new facility began in November. Business Finland granted clean transition aid of EUR 24.7 million to the project. The modernised convenience food factory enables the development of innovative products, supporting Atria's strategy of leading the way in sustainable food production.

The investment in the convenience food facility is part of a wider programme of approximately EUR 110 million. Its first phase started in the spring with an investment of EUR 7 million in pancake production. The expansion of the pancake production facilities will be completed in the autumn of 2026.

In addition, Atria will be investing EUR 16 million in the development of the cattle slaughterhouse in Kauhajoki. This project aims to increase production capacity and process efficiency, as well as meeting the growing demand for domestic beef. The investment includes the introduction of new technology that improves animal welfare and increases transparency in production. The Kauhajoki project supports Atria's strategy of strengthening the position of domestically produced meat and ensuring a competitive and sustainable value chain.

At the end of the year, Atria launched an investment of EUR 23 million in the production of meat products at its facility in Sköllersta in Sweden. The investment includes a continuously operating new production line, as well as an expansion and upgrade of the entire production site. This major upgrade will result in the replacement of old production equipment, and the improvement of energy efficiency, product quality and delivery reliability.

The reduction of greenhouse gas emissions across the food chain is a key environmental goal for Atria's sustainability

work. This is reflected in the Group's updated TOGETHER 2030 strategy, whose strategic targets include emissions reduction targets based on the Science Based Targets. In 2025, the company took further significant steps towards reaching its emissions reduction targets.

In the company's own operations (Scopes 1 and 2), the focus was on energy efficiency and energy quality. Several investments were implemented and advanced, including heat recovery at the modern poultry plant, investments in electric boilers, and designing a future convenience-food factory - these solutions will reduce emissions over the long term.

African swine fever in Estonia

In the summer of 2025, African swine fever was detected at two of Atria's pig farms in Estonia. The first infection was found in late June, and the second in August. The infections were handled in close cooperation with the Estonian authorities. The facilities were immediately quarantined, and the authorities carried out thorough cleaning and disinfection. Production is expected to return to normal in the spring of 2026. Thanks to the Estonian state compensation system, the direct financial impact remained limited; Atria was left with costs of approximately EUR 0.5 million, which were recorded in the second and third quarters.

Changes in Atria Group Management Team

When Merja Leino, PhD, Atria Group's long-term Executive Vice President, Sustainability, retires in the summer of 2026, Kati Janhunen, MSc (Econ.), will take on the positions of Executive Vice President, Sustainability, and Atria Group Management

Team member. Janhunen joined Atria 1 February 2026 and will start in the position no later than 1 June 2026.

Tauno Perälä, MSc (Tech.), was appointed to lead the new Group Industrial Operations function of Atria Group and started in his position and as a member of Atria Group Management Team on 1 October 2025. Since joining Atria Finland in 2011, Perälä has served in demanding production leadership positions. Alongside his new responsibilities, he will continue to serve as Senior Vice President of Industrial Operations at Atria Finland and as a member of Atria Finland's Management Team.

Strategy

In 2025, Atria announced its new strategy for 2025-2030. Called TOGETHER 2030, the strategy highlights the importance of working together to achieve our vision - to be the Winning Northern European Food Company. Our strategy focuses on ensuring the competitiveness of our core business, allocating investments and resources to rapidly growing product categories, increasing cross-border cooperation to exploit economies of scale and renewing ourselves to meet future needs.

Sustainable business is part of Atria's strategy and actions. For 2025, Atria prepared its sustainability statement in accordance with the CSRD (Corporate Sustainability Reporting Directive). The sustainability statement is published as part of the Report by the Board of Directors under "Sustainability Statement".

CONTENTS

BOARD OF DIRECTORS' REPORT

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 6

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY

KEY FIGURES

The Board proposes to distribute a dividend of EUR 0.75 per share for the year 2025. The key figures in their entirety are presented on page 24-26.

FINANCING AND LIQUIDITY

The downward trend in Euribor rates continued in 2025. The 6-month Euribor, the main reference rate for Atria's loans, came down from around 2.6% at the beginning of the year to around 2.1% by the end of the year. Financing terms were normal for availability, loan periods and margins.

On 31 December 2025, the Group's interest-bearing net debt amounted to EUR 218.7 million (EUR 261.8 million).

During the reporting period, the Group's free cash flow was EUR 69.8 million (EUR 41.6 million). Cash flow from operating activities was EUR 120.0 million (EUR 92.4 million), showing an increase of EUR

27.6 million from the previous year. The improvement was supported by a decrease in net working capital and financial expenses. Cash flow from investment activities was EUR -50.2 million (EUR -50.8 million).

At the end of the reporting period, the equity ratio was 45.7% (43.2%). The change in the fair value of the effective portion of derivative instruments designated as hedges and included in equity amounted to EUR 1.1 million (EUR -4.9 million).

In June, Atria Plc repaid a EUR 30 million loan whose original maturity date was 25 September 2027.

The Group's liquidity remained good during the reporting period. On 31 December 2025, the Group's undrawn committed credit facilities amounted to EUR 50.0 million (EUR 50.0 million), and no credit had been drawn from them during 2025. Atria also has a EUR 200 million commercial paper programme, which was used for short-term financing. At the end of the reporting period, the average maturity of loans and committed credit facilities was 3 years 7 months (4 years 1 month).

Atria has hedged against rising interest rates with interest rate derivatives, which stood at EUR 110 million on 31 December 2025 (EUR 90 million). An interest rate swap of EUR 30 million maturing in 2027, which had been allocated to the aforementioned EUR 30 million repaid loan, was terminated in May and, at the same time, a new EUR 50 million interest rate swap was concluded and allocated to the EUR 50 million loan maturing in 2030. Interest income realised as a result of the terminated interest rate swap agreement amounted to approximately EUR 1 million in the second quarter. At the end of the year, the Group's fixed-interest debt represented 47.6% (34.9%) of the loan portfolio. Some loans have been converted into fixed interest-rate loans with derivatives valued at market value.

Net financing costs amounted to EUR -10.7 million (EUR -15.4 million). On 31 December 2025, the average interest rate on the loan portfolio was 3.36% (3.76%).

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 7

TOGETHER 2030: ATRIA ANNOUNCED ITS AMBITIOUS NEW STRATEGY FOR 2025-2030

CONTENTS

BOARD OF DIRECTORS' REPORT

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 8

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

In September, Atria announced its new strategy for 2025-2030. Called TOGETHER 2030, the strategy highlights the importance of working together to achieve Atria's vision - to be the Winning Northern European Food Company. The strategy focuses on ensuring the competitiveness of our core business, allocating investments and resources to rapidly growing product categories, increasing cross-border cooperation to exploit economies of scale, and renewing ourselves to meet future needs.

Atria starts the TOGETHER 2030 strategy period from a strong position. The company has more than 120 years of tradition, strong economic performance and skilled, motivated people. The new strategy is a managed systematic development path - built on a strong core business and proactive exploitation of future opportunities.

The new strategy's financial objectives remain largely unchanged. Growth-related metrics have been refined: the Group's net sales target - more than EUR 2 billion - has been added to the package, and the target for return on equity has been increased to 12% from the previous target of 10%.

We pursue our objectives through four key strategic actions (Big Moves):

1. Grow and Optimise Core Business:

   Red meat and meat products are a major part of our core business and remain a focus during our next strategy period. The objective is to grow organically and optimise our operational efficiency.

2. Accelerate in Growth Categories:

   Poultry and convenience foods are the fastest growing product categories in our portfolio, and we expect to grow fast in them. We have set ourselves up to seize profitable growth opportunities and will invest relatively more into these categories during the current strategy period.

3. Collaborate to Grow and Scale our Operations

   We have a strong local presence in our four markets. We drive collaboration and scale to become more efficient and get the most from our assets. Areas for increased collaboration include cross-border scale, net revenue management and product exports.

4. Renew for the Future

   In addition to focusing on growth, we must continuously renew ourselves to secure our future competitiveness. Our renewal focus is on sustainability, being the best possible partner for our owner-

   producers, developing our unique food chain with technology, continuing to develop our healthy food solutions, and readiness to expand to alternative proteins. We also strengthen our employees' knowledge and skills for growth.

   Facilitators of Atria's strategy:

   • ONE Atria culture

   • Commercial excellence

   • Efficiency, digital & AI

   • Safety, people & communication

     Two new functions were established within Atria Group to support our strategy:

   • Atria Group Industrial Operations was established to support collaboration between business areas. The function aims to promote production efficiency, the Group's internal supply chain, and the planning and implementation of investments, for example.

   • Atria Group Product Export supports the objective of increasing product exports outside the core market. Its purpose is to create new product export business and strengthen collaboration between business areas in product export.

     CONTENTS

     BOARD OF DIRECTORS' REPORT

     Overview of 2025 Key figures

     Financing and liquidity Strategy, goals and value chain

     Stakeholders' interests and views

     Research and development

     Events after the period under review

     Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

     for management and key personnel

     Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

     Distributable funds and the Board of Directors' proposal for profit distribution

     Information about the shares and shareholders

     Key figures

     Calculation formulas for key financial figures

     Items affecting comparability of result

     SUSTAINABILITY STATEMENT

     BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 9

     STRATEGY 2021-2025: WINNING NORTHERN EUROPEAN FOOD COMPANY

     
     
     

     A new "TOGETHER 2030" strategy was published in September. The previous strategy period "Winning Northern European Food Company 2021 - 2025" concluded at the end of 2025. The previous strategy was successful.

     CONTENTS

     BOARD OF DIRECTORS' REPORT

     BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 10

     Overview of 2025 Key figures

     Financing and liquidity Strategy, goals and value chain

     Stakeholders' interests and views

     Research and development

     Events after the period under review

     Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

     for management and key personnel

     Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

     Distributable funds and the Board of Directors' proposal for profit distribution

     Information about the shares and shareholders

     Key figures

     Calculation formulas for key financial figures

     Items affecting comparability of result

     SUSTAINABILITY STATEMENT

     CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

     PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

     ACHIEVEMENT OF FINANCIAL TARGETS

     Results

     Targets	2025	2024	2023
     Net sales EUR 2 000 million	1,813.7	1,755.4	1,752.7
     EBIT 5% 1)	3.9%	3.7%	2.8%
     Equity ratio 40%	45.7%	43.2%	41.7%
     Return on equity (ROE) 12% 1)	11.0%	10.1%	7.3%
     Capital distribution of the profit for the period 50% 1) 2)	46.6%	50.0%	61.2%

     1)Figures are adjusted for non-recurring items, key figure calculation formulas on pages 25-26.

     2)The Board proposes to distribute a dividend of EUR 0.75 per share for the year 2025.

     SUSTAINABILITY GOALS

     Atria Group's sustainability goals and their achievement are described in the following sections of the Sustainability Statement:

   • Climate change

   • Biodiversity and ecosystems

   • Circular economy

   • Own workforce

   • Consumers and end users

   • Business conduct

BUSINESS MODEL AND VALUE CHAIN

Atria Group's business model and value chain are described in detail in the general information section of the Sustainability Statement.

Atria was listed on the stock exchange in 1991. The company has two share classes: Class KII and Class A, which is a listed share. Each Class KII share entitles its holder to ten (10) votes at a General Meeting, and each Class A share to one (1) vote. Class A shares have a right of priority to a dividend of EUR 0.17, after which Class KII shares are paid a dividend of up to EUR 0.17. If distributable dividends remain after

this, Class A and Class KII shares entitle their holders to an equal right to a dividend. The shareholders that own Class KII shares are Itikka Cooperative, Lihakunta and Pohjanmaan Liha. The aforementioned cooperatives also own more than 50% of the Class A shares.

Atria Plc is a Finnish limited liability company, and the responsibilities and obligations of its governing bodies are determined by Finnish law. The parent company, Atria Plc, and its subsidiaries form the international Atria Group. The company is domiciled in Kuopio. Responsibility for the administration and operations of Atria Group lies with the governing bodies of the parent, Atria Plc. These are the Supervisory Board, the Board of Directors and the CEO.

About 72% of Atria's net sales come from Finland, 21% from Sweden, and 7% from Denmark & Estonia. Atria also engages in export activities. In 2025, Atria exported its products to 25 countries. The operating environment is changing rapidly, although the speed and focus of change varies between business areas. As a financially strong, profitable company, Atria can renew and respond to the continuous changes in all its business areas in line with its strategic goals.

Factors affecting Atria's changing operating environment:

• Growing consumer awareness of an ecologically healthy and sustainable lifestyle and animal welfare

• Shift in protein demand from red meat to poultry and plant-based alternatives

• Increased demand for convenience food, ready-to-eat ingredients and snacks

• Growing popularity of the Foodservice channel, private labels and digital channels

• Increased economic instability, uncertainty, protectionism and localism

STAKEHOLDERS' INTERESTS AND VIEWS

Atria develops its operations in open and tight interaction with its stakeholders. Stakeholder engagement and the mapping of stakeholder expectations take place through regular and structured interaction, the use of public and/or purchased research data, and legislation and standards, for example. The nature of the interaction depends on the stakeholder group's influence and significance for Atria's business. Our stakeholders' interests and views are presented in detail in the stakeholder table included in the general information section of the Sustainability Statement.

CONTENTS

BOARD OF DIRECTORS' REPORT

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 11

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

RESEARCH AND PRODUCT DEVELOPMENT

In 2025, Atria invested EUR 14.8 million in research and product development. The investments were at the same level as in the previous year. Atria seeks to serve its stakeholders by making extensive use of research and product development in its business operations to further improve existing products and develop new ones. Atria's main product categories are fresh and consumer-packed meat, poultry products, meat products, such as sausages and cold cuts, and convenience food.

Atria collects market insight and consumer behaviour data through both continuous established processes and tailored studies and surveys when necessary. In recent years, the methods and calculations for predicting market behaviour have developed in a way that enables increasingly specific projections. This also means that forecasts for smaller product segments and trade channels are available. The data used in commercial processes and investment planning, for example.

Atria Group launched 208 new products during the reporting period. The number of new products also includes new packaging and product support innovations. Product innovations by business area:

• Atria Finland: 69

• Atria Sweden: 63

• Atria Denmark & Estonia: 76

Atria Finland launched 69 new retail and Foodservice products in 2025. They accounted for approximately 4.8% of net sales. The banana quark pancake, an addition to the quark pancake success story, exceeded expectations and was one of the best-selling new products of the year. Sriracha pizzas linked to the Street Food trend added new flavours to the established small pizza segment. Launched in the spring, Hornet Wing Duo and Nacho Bites offered solutions for easy delicious meals and have increased the sales of the Hornet family as a whole. Wilhelm Chekoni Grill Sausage combines the consumers' favourite flavours of Cheddar cheese and bacon. The product was the second best-selling new Wilhelm sausage in recorded history. Atria Finland is involved in research projects related to nutritional health, and one of the focus areas of its product development is strengthening the supply of healthier food. In 2025, Atria Finland launched 28 new Heart Label products, and there are currently 201 Heart Label products in the selection.

Atria Sweden launched 63 new brand products in 2025. These products accounted for 3.2% of net sales. Lönneberga BBQ chicken skewers were the cornerstone of Atria's sales growth in the poultry category. In 2025, Atria continued to grow in both volume and market share thanks to the good sales of new poultry products.

Atria's share of the Swedish Foodservice market grew faster than the market. Sales increased in both frozen and fresh products, as well as in cooked poultry products. One of the highlights of 2025 was the success of the Sibylla Chicken Red Bell chicken sausage at the Stockholm Sausage Festival, where it was voted as the best sausage of the event. Sibylla Chicken Red Bell is a tasty chicken sausage with a high meat content, natural intestine casing and alder smoke flavour. Atria Sweden's product selection includes 153 Keyhole products. The Keyhole nutrition label guides consumers to make healthier choices. The label indicates that a product is a better alternative to other products in the same product category in terms of the following criteria: it has less salt, less sugar, less and better quality fat, and more fibre and wholegrain.

Atria Denmark & Estonia launched 76 new products in 2025. They accounted for 8.8% of net sales.

In 2025, Atria Denmark launched 32 new products. Ten were private-label products, five Aalbæk products, and 17 3-Stjernet products. Aalbæk has a strong position in the premium market, while 3-Stjernet is well positioned in the upper middle-class market. Overall, 3-Stjernet is a strong traditional brand, with a high 98% recognition rate and strong popularity among families with children. In 2025, Atria Denmark focused on both launching new packaging for whole meat products and improving animal welfare for poultry. Five poultry products were launched, all bearing the Bedre Dyrevelfærd -Better Animal Welfare label. Atria Denmark's product selection includes 20 products with the Keyhole label.

Atria Estonia launched 44 new products in 2025. Its most successful new products of 2025 were Maks & Moorits products: Maks & Moorits Classic fully smoked sausage, Maks & Moorits home-style patties with creamy cheese filling, Maks & Moorits American-style grilled meat and Maks & Moorits Greek-style chicken sausage.

According to Kantar Emor's annual consumer surveys, Atria Estonia's flagship

brand Maks & Moorits has consistently been the most popular meat product brand in Estonia. As the leader in its product category, Maks & Moorits is also ranked the second most popular food and beverage brand in Estonia - a position that reflects long-term consumer confidence and strong brand awareness.

Not only is Atria popular, but its commitment to sustainable production in Estonia has been recognised. In 2025, the Sustainable Brand Index ranked Maks & Moorits the most sustainable meat product brand in Estonia, highlighting our consistent efforts for environmental responsibility, transparency and high-quality local production.

CONTENTS

BOARD OF DIRECTORS' REPORT

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 12

Overview of 2025 Key figures

Financing and liquidity

Percentage of net sales spent on research and product development in Atria Group in 2023-2025:

RISKS AND RISK MANAGEMENT

The implementation of Atria's strategy, the achievement of its goals and sustainable operations call for

Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans

EUR million

Research and product development

% of net sales

EVENTS AFTER THE PERIOD UNDER REVIEW

There have been no significant events after the period under review.

2024 2023

14.8 14.4

0.8% 0.8%

the identification and management of favourable and unfavourable events that may affect operations. Favourable events improve Atria's result and financial position or promote sustainable development. Unfavourable events increase costs and complicate operations.

Atria seeks to prevent unfavourable events and their impact on business operations through risk management as part of its day-to-day operations. Atria's risk management policy and risk management procedures define the goals, principles, responsibilities and authorisations of risk management, as well as operating procedures for risk assessment and reporting. The Board of Directors approves the risk management policy and any changes to it and supervises the implementation of the principles specified

in the policy. The identification, management, monitoring and reporting of sustainability-related impacts,

Personnel average, FTE

Incentive programmes for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO THE FINANCIAL

BUSINESS RISKS DURING THE REPORTING PERIOD AND THE NEAR TERM

Atria Group's business, net sales and result are susceptible to many uncertainties.

During the reporting period, uncertainty continued due to both the continuation of the war in Ukraine and the escalation of global geopolitical tensions in the Middle East. Combined with the unstable US tariff policy, these affected market behaviour and consumers' purchasing decisions. China imposed import duties on European pork in September, which affected the pork market, with more products remaining on the European market. The price of pork in Europe therefore fell in the second half of 2025. The pork market is expected to remain unstable for at least the first half of 2026.

European beef production has declined in recent years, while consumption has remained unchanged. This is creating an imbalance in the beef market.

During the reporting period, animal disease risks in Finland and nearby areas remained moderate. African swine fever was detected in Estonia in the summer. At the moment, the situation is calm, but the risk of the disease remains. The economic and operational impacts of the disease on Atria have not been significant. The foot-and-mouth disease situation in Europe has remained stable. Atria actively monitors the animal disease situation in Europe. Atria has protective measures in place in its own production plants and on its contract farms.

The fight against cybercrime and information system disruptions requires continuous development and a proactive approach. Systematic monitoring is key, as it enables the timely detection of threats. The continuous improvement of cybersecurity through system upgrades, employee training and the introduction of new technologies is also very important.

risks and opportunities are incorporated in Atria's risk management processes.

Atria divides risks affecting its operations into four categories: strategic; operational; liability; and financial. Risks of various types are identified and assessed using models and tools in line with Atria's risk management framework. Identified risks and opportunities are categorised, and risk management measures prioritised, in accordance with the Group's risk management policy, taking their likelihood, financial impacts, risk management measures and changes in the risk environment, among other things, into account. The sustainability impacts, risks and opportunities of the abovementioned types are discussed in more detail in the Sustainability Statement.

Strategic risks are related to operational development and the planning and implementation of longterm business decisions, as well as to brands, management systems, resource allocation and the ability to respond to changes in the market environment. Operational risks are day-to-day business risks affecting processes, systems and people's activities, for example. Damage risks result from errors, malfunctions and accidents that occur within Atria or in the market environment and cause damage or losses. Damage risks are managed through risk assessments, business continuity planning and insurance. Financial risks have to do with changes in market prices and the sufficiency of financial assets in the short and medium terms as well as with counterparties' ability to meet their financial obligations. Financial risks are managed in cooperation with financial institutions and by making use of various financial instruments in minimising risks.

The Board of Directors and the members of the Atria Group Management Team are tasked with identifying and assessing strategic and operational risks and considering potential alternatives, as well as implementing risk management within their respective areas of responsibility. Strategic and operational risks, including material impacts, risks and opportunities, are addressed by the Board of Directors and the Management Team at least annually (strategic and operational risks: once a year), and separately for each significant business decision. At the same time, decisions are made about

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 13

measures related to the management of impacts and risks. In the Group's largest business areas, risk assessment and monitoring are also carried out by specific steering and responsibility groups within the business area. The members of these groups include management personnel, and their work is coordinated by the Group's Risk Manager. The Risk Manager reports the results and development measures of the steering and responsibility groups, as well as any relevant indicators, at least once a year to the members of the Atria Group Management Team and the Board of Directors. These bodies supervise the risk management activities, setting any objectives and indicators for this work. The Group's Treasury Committee, which consists of the Group's CEO, CFO, Financial Director and Group Controller as permanent members, is in charge of identifying and assessing financial risks and implementing risk management throughout the Group. The work of the Treasury Committee is supervised by the Group's Board of Directors. The findings of risk assessments and internal control (including sustainability-related findings) are integrated into business practices and processes through Atria's management systems. Responsibility for the identified risks, opportunities, measures and monitoring is assigned to the relevant risk owners and the responsible stakeholders.

When preparing an annual plan for internal audit, key observations from the risk assessments conducted as part of the Group's planning process are taken into account. Atria Plc's Board of Directors decides on the focus areas of internal audit for each year. The Group's administrative, management and control bodies use external assistance as necessary to develop risk-management competence and expertise (also with respect to sustainability). The need for special expertise and training is established through internal checks and evaluations.

More information about Atria's framework for risk management is available in the Corporate Governance Statement.

The following table presents a summary of the most significant risks related to Atria's operations. The risks shown in the table are presented in random order.

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 14

RISKS RELATED TO RAW MATERIALS AND THEIR PRODUCTION

Description of risk Risk management

Cost risks associated with production inputs

Atria controls the purchasing of meat raw materials centrally and also relies on a wide network of

views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO

Fluctuation in the demand for meat products, animal diseases, extreme weather events as well as changes in the production costs and production capacity of contract producers have an impact on the purchase prices of the meat raw materials.

There are risks related to the price, availability and quality of energy and other commodities and raw materials.

Risk to product safety

It is of primary importance to Atria to ensure the quality of raw materials and products, and safety in the entire value chain. The realisation of a food safety risk may, in the worst case scenario, result in a serious illness or death of a consumer or a group of consumers. The food safety risk is discussed in more detail in the Sustainability Statement.

Impacts of climate change on food production

Food production is dependent on ecosystem services provided by the environment, and food production itself also has an impact on the environment and climate.

Environmental impacts and climate change as well as efforts to combat them may have effects on Atria's operations, result and reputation. Such effects may include changes in consumption and business processes, material damage, the need for technological changes, increased regulation and heavier environmental taxation and other policy instruments.

Risks related to climate change are discussed in more detail in section E1 Climate change of the Sustainability Statement.

suppliers in the procurement of other raw materials. Atria develops the resilience of primary production in cooperation with the industry and the research sector. Atria offers its producers a wide range of expert services, networking opportunities and research information to support farm development and maintain the competitiveness of farms.

Atria has a centralised purchasing organisation that works continuously with suppliers to ensure the quality and availability of the purchased goods. Risks are also managed through purchase terms and various hedging instruments. Regarding sustainability, more information can be found in section G1 Business conduct of the Sustainability Statement.

All Atria's production plants in Finland, Sweden and Denmark have certified GFSI (Global Food Safety Initiative) food safety management systems and the production plants in Estonia have an ISO 22000-certified food safety management system that take product safety throughout their life cycle into account, from raw materials to the consumer.

Atria's production plants and processes comply with international food safety, hygiene and standard requirements. The food safety management system includes self-monitoring, which contributes to ensuring the proper functioning of Atria's processes and the safety of products for consumers and consumer groups. More information is available in section S4 Consumers and end-users of the Sustainability Statement.

In accordance with its environmental policy, Atria consistently works to minimise negative environmental impacts and promote positive impacts. Atria has set SBTi -approved reduction targets for its greenhouse gas emissions and has thus committed to the goals of the Paris Climate Agreement.

Atria promotes the adaptation of primary production to climate change by participating in research and development projects and enabling the adoption of best practices by sharing information and training its contract producers. Taking into account the impacts of climate change also in the procurement of other key raw materials and packaging materials and including them as part of supply chain management processes manages the identified risks related to adaptation to climate change.

More information is available in section E1 Climate change of the Sustainability Report.

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 15

Risk to biosafety in the food chain

Atria ensures animal welfare with quality requirements pertaining to production and purchasing

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

The health and welfare of animals is important to Atria. An animal disease at a critical point in Atria's production chain could interrupt production in the unit concerned and disrupt operations throughout the chain.

Animal diseases may also result in export and import restrictions imposed on meat products.

The impacts and risks related to biosafety are discussed in more detail on page 98 of the Sustainability Statement.

contracts. Biosafety is continuously developed in cooperation with Atria's contract producers.

In Finland, contract production and the related production guidelines for each species, as well as traceability, are key aspects of monitoring and further improving the welfare of Atria's production animals. Atria's contract producers have comprehensive group animal disease insurance to minimise the impacts of any damage to producers. In addition, Atria continuously assesses risks in the value chain and conducts proactive risk management.

The responsible use of antibiotics and the pursuit of completely antibiotic-free production contribute to the biosafety of the entire food chain.

For more information, see section G1 Business conduct of the Sustainability Statement.

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the

RISKS RELATED TO THE GEOGRAPHICAL AREA OF OPERATION AND MARKETS

Risk description Risk management

Customer risk

In risk management, Atria makes use of its good customer cooperation, strong market position, well-

Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

The retail trade in the food industry is centralised in Atria's most important market areas. This enables Atria to develop and diversify its long-term cooperation with customers.

On the other hand, a decision by a single large customer may have a major impact on Atria's operations.

Consumer behaviour

Changes in consumer behaviour may have an impact on both the short-term and long-term demand for Atria's products. Consumer behaviour may change as a result of factors such as health aspects, the economic situation, regulation, animal welfare, ethical considerations and climate change. Changes in consumer behaviour may have positive or negative impacts on Atria's profitability and the reputation of its brands.

Competitors

Competitors' operations and product selections, as well as private labels, affect Atria's profitability.

known brands, efficient industrial processes, high-quality products and financial monitoring.

Atria is preparing for changes in demand and consumption habits and the need to adapt its operations by investing in consumer-oriented and sustainable product development and product portfolio.

In addition, Atria informs consumers about its products, its own operations and its responsibility.

Atria develops its product range from a customer-driven perspective, monitors market changes actively, ensures the efficiency of operations, maintains good delivery reliability and invests in informative consumer marketing.

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 16

Policy and regulation

Atria manages the risk with contracts, and by monitoring legislative amendments and investing in

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management

Atria's geographical area of operation exposes the company to risks related to the national economies, trade policies, legislation and official regulations of the various countries of operation. Global geopolitical risks and changes in the national and international security situation also affect Atria's operations.

PERSONNEL RISKS

quality. Atria also trains its personnel to identify and minimise risks, relies on the services of experts, and conducts audits. The safety and security of the facilities and the supply chain are continuously developed and maintained in Atria's own operations and as part of the national supply security chain.

Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

The impacts, risks and opportunities related to Atria's personnel are discussed in more detail in section S1 Own workforce of the Sustainability Statement. Risks exceeding the materiality of sustainability reporting were not identified in the double materiality assessment. The most significant long-term strategic personnel risk is related to the availability of personnel.

Risk description Risk management

Availability of personnel

Atria manages this risk through interesting jobs, its remuneration policy and investments in personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

The availability of skilled, suitable and motivated personnel at Atria's plant locations is a risk for the implementation of the strategy and the meeting of the objectives.

RISKS RELATED TO INFORMATION MANAGEMENT

development and training. Development needs are also identified through employee surveys.

Information about the shares and shareholders

Key figures

Risk description Risk management

Cybercrime

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

The increasing use of digital solutions in production and management processes increases cyber risks associated with operations. Cyber risks can endanger the availability, integrity and confidentiality of the data and information systems used in the processes. For example, they can cause production downtime or leakages of confidential information. Cybercriminals are constantly developing their methods and attack techniques, resulting in the overall risks constantly changing. Increasing dependence on external IT providers may increase the risk due to increased attack surface.

Organisational and technical management tools are used to manage cyber and security risks. The

development of cyber security is a continuous process that takes into account the ever-changing threats. Management tools include training, technical supervision, response capability and contingency planning. In addition to its own employees, Atria uses the services of its partners to manage cyber risks.

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity

Strategy, goals and value chain

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 17

DAMAGE RISKS

Risk description Risk management

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE

Unforeseeable damage risks at Atria's production plants in Finland, Sweden, Denmark and Estonia may interrupt the operations at production plants.

FINANCIAL RISKS

All Atria's production plants are insured against any physical damage and interruptions in operations through the Group's insurance policies. A risk analysis is prepared annually or every two years at key plants. Continuity planning aims to limit potential damage from interruptions and reduce internal and external dependency risks. Atria continuously invests in the safety of its production plants through development measures and investments.

Incentive programmes for management and key personnel

Risk description Risk management

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

Key risks related to the financing of Atria's operations include currency transaction and conversion risks,

interest rate and counterparty risks, and the liquidity and refinancing risks.

The goal of financial risk management is to reduce the impact of price fluctuations in financial

markets and other uncertainty factors on the company's earnings, balance sheet and cash flow, in addition to ensuring sufficient liquidity. Atria's financial risk management is discussed in more detail in Note 29 to the financial statements.

CONTENTS

BOARD OF DIRECTORS' REPORT

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 18

Overview of 2025 Key figures

Financing and liquidity

Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key

personnel Outlook for 2026

Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO THE FINANCIAL STATEMENTS

AUDITOR'S REPORT

GOVERNANCE AND OPERATIONAL ORGANISATION

At its organising meeting after the Annual General Meeting (AGM), Atria Plc's Supervisory Board elected Jyrki Halonen as its Chairperson and Juho Anttikoski as its Deputy Chairperson.

The AGM decided that the Board of Directors would consist of nine (9) members. Pasi Korhonen and Jukka Kaikkonen, whose terms were expiring, were re-elected as members of the Board, and Nina Kopola and Jaana Viertola-Truini were elected as new members for the next three-year term. In addition, the Annual General Meeting elected Juha Kiviniemi as a new member of the Board of Directors to replace Ahti Ritola, who resigned before the end of his term. Kiviniemi's term will end at the end of the Annual General Meeting of 2027. In addition, Seppo Paavola, Mika Joukio, Leena Laitinen and Kjell-Göran Paxal will continue as members of the Board. The Annual General Meeting decided to amend the Articles of Association. According to the new Articles of Association, the term of a Board member ends at the end of the first Annual General Meeting following their election.

On 9 July 2025, Jaana Viertola-Truini announced her resignation from the Board of Directors of Atria Plc due to her other work commitments. Atria's Board of Directors decided to continue with eight Board members for the time being.

Tauno Perälä, MSc (Tech), was appointed as Atria Group's EVP, Industrial Operations, and member of Atria Group's Management Team as of 1 October 2025.

The following were elected to Atria Plc's Nomination Committee, appointed by the AGM:

• Juho Anttikoski, farmer, Chairperson of the Nomination Committee, representative of Itikka Cooperative

• Pasi Korhonen, farmer, representative of Lihakunta

• Ola Sandberg, farmer, representative of Pohjanmaan Liha

• Hanna Kaskela, SVP, Sustainability and Communications, representative of Varma Mutual Pension Insurance Company

The governance of Atria Group is described in more detail in the general information presented in the Sustainability Statement and in Atria's separate simultaneously published Corporate Governance Statement. The statement can be found on Atria's website at https://www.atria.com/en/investors/corporate-governance/corporate-governance-statement/.

RELATED-PARTY LOANS

The parent company of the Group procures financing centrally and the parent company has granted loans to companies belonging to the Group (Note 3.3 to the parent company). The company has granted loans to a related party of a members of the company's Supervisory Board (Note 31 to the consolidated financial statements).

PERSONNEL AVERAGE, FTE

INCENTIVE SCHEMES FOR MANAGEMENT AND KEY PERSONNEL

Short-term incentive scheme

The maximum bonus payable under Atria Plc's short-term incentive scheme is 10-50% of an individual's annual salary, depending on the performance impact and requirement level of each individual's role. The criteria used in the performance bonus scheme are EBIT, net sales, and LTIFR at Group level and in the area of responsibility of the person concerned. In addition to the CEO and other members of the Management Team, Atria Plc's performance bonus schemes cover approximately 40 people.

Atria Plc's long-term incentive scheme 2025-2027

Atria has a new long-term incentive scheme for key persons for the 2025-2027 period, approved by the Board of Directors of Atria Plc. The scheme will replace the long-term incentive scheme for 2024-2026 announced on 20 December 2023, and the last two earning periods of that scheme, i.e. 2025 and 2026, will not be started. The purpose of the scheme is to combine the goals of the company's owners and key persons to increase the company's value in the long term, to commit the key persons to implementing the company's strategy, objectives and long-term interest, and to provide them with a competitive incentive scheme based on the earnings and accumulation of the company's shares.

Atria Plc's long-term share-based incentive scheme based on performance for 2025-2027 has one earning period covering the 2025-2027 financial years. The rewards for this three-year earning period will be paid in full in 2028, partly in the company's shares and partly in cash. The cash sum is intended to cover the taxes and tax-like charges arising from the bonus. The earnings criteria for the 2025-2027 period are linked to earnings per share (EPS) (70%), organic growth (20%) and carbon dioxide emissions (10%). If a person's employment or service relationship ends before the payment of the bonus, the bonus may not be paid.

CONTENTS

BOARD OF DIRECTORS' REPORT

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 19

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO THE FINANCIAL STATEMENTS

AUDITOR'S REPORT

The aim of the new incentive scheme is to encourage Atria's senior management to acquire the company's shares, and to increase the company's value through management decisions and actions over the long term.

The target group of the share-based incentive scheme can include up to 40 people. The maximum value of bonuses for the earning period is approximately EUR 2 million.

Atria Plc's transitional share-based incentive scheme 2025-2026

In connection with the new long-term incentive scheme, the Board of Directors of Atria Plc has decided to establish a transitional share-based incentive scheme to facilitate the transition from the previous long-term incentive scheme to the new share-based incentive scheme based on performance. The transitional share-based incentive scheme 2025-2026 has two earning periods, the first of which started on 1 January 2025 and ended on 31 December 2025. The bonuses for this earning period will be paid in full in 2026 partly in company shares and partly in cash. The cash sum is intended to cover the taxes and tax-like charges arising from the bonus.

The Board of Directors decides annually on starting the earning periods and their details. The performance criteria for the earning period 2025 are linked to earnings per share EPS (70%) and organic growth (30%) in accordance with the current share-based incentive scheme.

The target group of the share-based incentive scheme can include up to 40 people.

In 2025, the amount of remuneration paid under the share-based incentive schemes was approximately EUR 0.7 million.

Atria Plc's 2026-2028 long-term incentive scheme

The Board of Directors of Atria Plc have decided to establish a new share-based incentive scheme based on performance for the Group's key personnel. The purpose of the scheme is to align the goals of the company's owners and key persons to increase the company's value in the long term, commit the key persons to implementing the company's strategy, objectives and long-term interest, and provide them with a competitive incentive scheme based on the earnings and accumulation of the company's shares.

Atria Plc's long-term share-based incentive scheme based on performance for 2026-2028 has one earning period covering the 2026-2028 financial years. The rewards for this three-year earning period will be paid in full in 2029, partly in the company's shares and partly in cash. The cash sum is intended to cover the taxes and tax-like charges arising from the bonus. The earnings criteria for the 2026-2028 period are linked to earnings per share (EPS) (70%), organic growth (20%) and carbon dioxide emissions (10%). In addition, a separate change factor is applied during the earning period. Its criteria

are product exports and cross-border sales. The amount of bonus based on the achievement of the targets set for the criteria may at most be doubled. If a person's employment or service relationship ends before the payment of the bonus, the bonus may not be paid.

The target group of the share-based incentive scheme can include up to 50 people. The maximum value of bonuses for the earning period is approximately EUR 5 million.

Share-based retention plan for 2026-2028

The share-based retention scheme for 2026-2028 is intended for situations where the Board of Directors deems them necessary, such as for retaining key personnel, recruiting new key personnel, or in other special situations decided by the Board of Directors.

The share-based retention scheme for 2026-2028 has one earning period, covering the 2026-2028 financial years, during which the Board of Directors may allocate rewards from the plan.

The value of the rewards to be paid based on the scheme corresponds to a maximum of 42,000 Atria Plc series A shares, including the portion to be paid in cash. The rewards from the scheme will be paid by the end of May 2027, 2028, 2029, 2030 or 2031.

OUTLOOK FOR 2026

In 2026, Atria Group's adjusted EBIT is expected to be higher than in the previous year (EUR 69.9 million).

Atria's good market position, strong brands and good customer relationships, as well as reliable industrial processes, create conditions for the positive development of the EBIT also in 2026.

The unstable European pork market, animal disease risks and low consumer confidence in Atria's domestic markets are risk factors that may affect the EBIT in the near future.

CONTENTS

BOARD OF DIRECTORS' REPORT

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 20

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO

FLAGGING NOTIFICATIONS

Atria Plc did not receive any flagging notifications in 2025.

ATRIA PLC'S SHARE CAPITAL

The breakdown of the parent company's share capital is as follows:

Series A shares (1 vote per share) 19,063,747 shares Series KII shares (10 votes per share) 9,203,981 shares

Class A shares have a right of priority to a dividend of EUR 0.17, after which Class KII shares are paid a dividend of up to EUR 0.17. If distributable dividends remain after this, Class A and Class KII shares entitle their holders to an equal right to a dividend.

Atria's Articles of Association include a pre-emptive purchase clause concerning series KII shares. If series KII shares are transferred to a party outside the company or to a shareholder within the company who has not previously owned series KII shares, the proposed recipient of the shares must inform the Board of Directors about this without delay, and KII shareholders have the right to pre-emptively purchase the shares under certain conditions. In addition, the acquisition of series KII shares by means of transfer requires the company's approval. Series A shares have no such limitations.

At the end of the financial period on 31 December 2025, the company held a total of 63,774 treasury shares, accounting for 0.23% of the shares in the company and 0.06% of the voting rights. The number of treasury shares transferred as share-based incentives during the financial period was 24,283.

Information about shareholding, shareholders and management holdings is provided under "Shares and shareholders" on pages 22-23.

VALID AUTHORISATIONS TO PURCHASE OR ISSUE SHARES, GRANT SPECIAL RIGHTS AND MAKE DONATIONS

The General Meeting decided, in accordance with the Board of Directors' proposal, to authorise the Board of Directors to decide on the acquisition of a maximum of 2,800,000 of the company's series A shares, in one or more instalments, using funds from the company's unrestricted equity. However, this is subject to the provisions of the Limited Liability Companies Act on the maximum number of treasury shares that can be held by a company. The company's series A shares may be acquired for use as consideration in any acquisitions or other arrangements related to the company's business, to finance investments, as part of the company's incentive scheme, to improve the company's capital structure, to be otherwise further assigned, to be retained by the company or to be cancelled.

The shares must be acquired in a proportion other than that of the shareholders' current shareholdings in the company in public trading arranged by Nasdaq Helsinki Ltd at the market price at the time of acquisition. The shares must be acquired and paid for in accordance with the rules of Nasdaq Helsinki Ltd and Euroclear Finland Oy. In all other respects, the Board of Directors is authorised to decide on the acquisition of treasury shares.

The authorisation supersedes the authorisation granted by the AGM on 23 April 2024 to the Board of Directors to decide on the acquisition of treasury shares, and it will remain valid until the closing of the next AGM or 30 June 2026, whichever is first.

In accordance with the Board of Directors' proposal, the AGM authorised the Board of Directors to decide, on one or more occasions, on an issue of a maximum of 2,800,000 new series A shares or on the disposal of any series A shares held by the company through a share issue and/or by granting option rights or other special rights entitling people to shares as referred to in Chapter 10, section 1 of the Limited Liability Companies Act. The authorisation is intended to be used for the financing or execution of any acquisitions or other arrangements or investments relating to the company's business, for the implementation of the company's incentive programme or for other purposes subject to a decision by the Board.

The Board is also authorised to decide on all terms and conditions of the share issue and of the granting of special rights as referred to in Chapter 10, section 1 of the Companies Act. The authorisation thus also includes the right to issue shares in a proportion other than that currently held by the shareholders under the conditions provided by law, the right to issue shares against or without payment and the right to decide on a share issue to the company itself without payment, subject to the provisions of the Limited Liability Companies Act regarding the maximum number of treasury shares to be held by a company.

The authorisation supersedes the share issue authorisation granted to the Board of Directors by the AGM on 23 April 2024 and will be valid until the closing of the next AGM or 30 June 2026, whichever comes first.

In accordance with the proposal of the Board of Directors, the Annual General Meeting resolved to authorise the Board of Directors to donate a maximum of EUR 100,000 of the company's distributable funds to support the activities of colleges, universities or other educational institutions, or to support other charitable or similar purposes. At the same time, the Board of Directors was authorised to decide the payment schedules of donations and any other terms and conditions of the donations.

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 21

DISTRIBUTABLE FUNDS AND THE BOARD OF DIRECTORS' PROPOSAL FOR PROFIT DISTRIBUTION

The parent company's shareholders' equity on 31 December 2025 comprises the invested unrestricted equity fund of EUR 237,948,168.12, including the treasury share fund value of EUR -656,424.89, and retained earnings of EUR 38,737,728.40, of which earnings for the financial period total

EUR 27,015,314.19.

The Board of Directors proposes to the Annual General Meeting that a dividend of EUR 0.75 (EUR 0.69) per share be distributed for the 2025 financial period.

The Board of Directors proposes to the Annual General Meeting that the distributable funds be used as follows:

- EUR 0.75 per share is distributed as a dividend

EUR total * 21,152,965.50

- to be retained as equity, EUR 255,532,931.02

276,685,896.52

* Calculated for the amount of shares outstanding on 31 December 2025

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 22

SHARES AND SHAREHOLDERS

BREAKDOWN OF SHAREHOLDINGS INFORMATION ABOUT SHAREHOLDERS

Shareholders by number of shares held on 31 Dec 2025 Major shareholders on 31 Dec 2025

KII A Total % Number of shares Shareholders Shares Itikka Co-operative 4,914,281 3,537,652 8,451,933 29.90

Number of % 1,000 pcs % Lihakunta 4,020,200 3,848,073 7,868,273 27.83

1 - 100 8,943 51.59 373 1.32 Mandatum Life Insurance Company Ltd. 1,079,202 1,079,202 3.82

101 - 1 000 7,136 41.17 2,572 9.10 Pohjanmaan Liha Co-operative 269,500 480,038 749,538 2.65

1 001 - 10 000 1,176 6.78 2,831 10.02 Skandinaviska Enskilda Banken Ab * 640,197 640,197 2.26

10 001 - 100 000 68 0.39 1,481 5.24 Etola Group Oy 625,000 625,000 2.21

100 001 - 500 000 4 0.02 517 1.83 Citibank Europe Plc * 554,804 554,804 1.96

500 001 - 1 000 000 5 0.03 3,094 10.95 Varma Mutual Pension Insurance Company 524,640 524,640 1.86

1 000 001 - 3 0.02 17,399 61.55 The Estate of von Julin Sofia Margareta 160,000 160,000 0.57

Total 17,335 100.00 28,268 100.00 Clearstream Banking S.A. * 128,854 128,854 0.46

* Nominee registered

Shareholders by sector on 31 Dec 2025 Major shareholders by voting rights on 31 Dec 2025

Shareholder type Shareholders Shares KII A Total % Number of % 1,000 pcs % Itikka Co-operative 49,142,810 3,537,652 52,680,462 47.42

Companies 453 2.61 18,670 66.05 Lihakunta 40,202,000 3,848,073 44,050,073 39.65

Financial and insurance institutions 18 0.10 1,324 4.68 Pohjanmaan Liha Co-operative 2,695,000 480,038 3,175,038 2.86

Public corporations 6 0.04 672 2.38 Mandatum Life Insurance Company Ltd. 1,079,202 1,079,202 0.97

Non-profit organisations 97 0.56 244 0.86 Skandinaviska Enskilda Banken Ab * 640,197 640,197 0.58

Households 16,704 96.36 5,914 20.92 Etola Group Oy 625,000 625,000 0.56

Foreign owners 57 0.33 24 0.09 Citibank Europe Plc * 554,804 554,804 0.50

Total 17,335 100.00 26,847 94.97 Varma Mutual Pension Insurance Company 524,640 524,640 0.47

The Estate of von Julin Sofia Margareta 160,000 160,000 0.14

Nominee-registered, total 1,421 5.03 Clearstream Banking S.A. * 128,854 128,854 0.12

* Nominee registered

CONTENTS

BOARD OF DIRECTORS' REPORT

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 23

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

MANAGEMENT'S SHAREHOLDING

On 31 December 2025, the members of the Board of Directors and the Supervisory Board, the CEO and Deputy CEO, as well as the members of the Group's Management Team held a total of 75,939 series A shares, or 0.27% of the shares and 0.07% of the voting rights conferred by shares.

MONTHLY TRADING VOLUME OF SERIES A SHARES IN 2025

DEVELOPMENT OF THE SERIES A SHARE PRICE 2021-2025 (AVERAGE PRICE)

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 24

FINANCIAL INDICATORS

FINANCIAL INDICATORS SHARE ISSUE ADJUSTED INDICATORS PER SHARE

* The Board of Directors proposes that the company distribute a dividend of EUR 0.75 for the year 2025.

* Recognised in total as expenditure for the financial year. Share price development

** Not a significant indicator as orders are generally delivered on the day following the placement of the order.

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO THE FINANCIAL STATEMENTS

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 25

CALCULATION FORMULAS OF INDICATORS DESCRIBING FINANCIAL DEVELOPMENT

In addition to the IFRS figures, Atria publishes other widely used alternative financial indicators that can be derived from the income statement and balance sheet.

Principles for calculating financial indicators:

Adjusted EBIT, In addition to reporting EBIT, profit before taxes and profit for the period, the company publishes an adjusted EBIT, adjusted profit adjusted profit before taxes and before taxes and adjusted profit for the period indicators to describe the actual financial development of the business and to improve adjusted profit for the period comparability between periods. Adjustments to figures may include events that are not part of ordinary business activities, such as

restructuring of operations, capital gains and losses attributable to the sale of operations, impairment, and costs of discontinuing significant operations.

Gross investments Investments in tangible and intangible assets

Free cash flow = Cash flow from operating activities - Cash flow from investments

FTE = Hours worked during the review period Number of working days during the review period * normal working hours per day

Return on equity (%) = Profit/loss for the period * 100

Equity (average)

Adjusted return on equity (%) = Adjusted profit/loss for the period * 100

Equity (average)

Return on investment (%) = Profit/loss before tax + interest and other financial expenses * 100

Equity + interest-bearing financial liabilities (average)

Adjusted return on investment (%) = Adjusted profit/loss before tax + interest and other financial expenses * 100

Equity + interest-bearing financial liabilities (average)

Equity ratio (%) = Shareholders' equity * 100

Balance sheet total - advance payments received

Interest-bearing liabilities = Loans + lease liabilities

Gearing (%) = Interest-bearing liabilities * 100

Shareholders' equity

Net interest-bearing liabilities = Interest-bearing liabilities - cash and cash equivalents

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 26

Net gearing (%) = Interest-bearing liabilities - cash and cash equivalents * 100

Shareholders' equity

Earnings per share (basic) = Profit for the period attributable to the owners of the parent company Weighted average number of outstanding shares

Adjusted earnings per share (basic) = Adjusted profit for the period attributable to the owners of the parent company Weighted average number of outstanding shares

Equity/share = Equity attributable to the owners of the parent company Undiluted number of outstanding shares on 31 Dec

Dividend per share = Dividend distribution during the period Undiluted number of shares on 31 Dec

Dividend/profit (%) = Dividend/share * 100

Earnings per share (EPS)

Adjusted dividend/profit (%) = Dividend/share * 100

Adjusted earnings per share (Adjusted EPS)

Effective dividend yield (%) = Dividend/share * 100

Closing price at the end of the period

Price/earnings (P/E) = Closing price at the end of the period Earnings per share

Adjusted price/earnings (P/E) = Closing price at the end of the period Adjusted earnings per share

Average price = Overall share turnover in euros Undiluted average number of shares traded during the period

Market capitalisation = Number of shares at the end of the period * closing price on 31 Dec

Share turnover (%) = Number of series A shares traded during the period * 100

Undiluted average number of series A shares

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL

BOARD OF DIRECTORS' REPORT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 27

ITEMS AFFECTING COMPARABILITY OF THE RESULT

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO THE FINANCIAL STATEMENTS

AUDITOR'S REPORT

SUSTAINABILITY STATEMENT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 28

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025 Key figures

Financing and liquidity

Strategy, goals and value chain

SUSTAINABILITY STATEMENT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 29

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO THE FINANCIAL STATEMENTS

AUDITOR'S REPORT

GENERAL DISCLOSURES

Basis for preparation 30

Governance 30

Strategy 33

Material impacts, risks and opportunities 47

ENVIRONMENTAL INFORMATION

EU-Taxonomy 56

E1 Climate change 61

E4 Biodiversity and ecosystems 76

E5 Resource use and circular economy 80

SOCIAL INFORMATION

S1 Own workforce 84

S4 Consumers and end-users 92

GOVERNANCE INFORMATION

G1 Business conduct 95

G1 Animal welfare 98

CONTENTS

BOARD OF DIRECTORS' REPORT

Overview of 2025

SUSTAINABILITY STATEMENT BOARD OF DIRECTORS' REPORT, SUSTAINABILITY STATEMENT AND FINANCIAL STATEMENTS 2025 30

GENERAL DISCLOSURES - ESRS2

Key figures

Financing and liquidity Strategy, goals and value chain

Stakeholders' interests and views

Research and development

Events after the period under review

Risks and risk management Governance and operations Related-party loans Personnel average, FTE Incentive programmes

for management and key personnel

Outlook for 2026 Flagging notifications Atria Plc's share capital Valid authorisations

Distributable funds and the Board of Directors' proposal for profit distribution

Information about the shares and shareholders

Key figures

Calculation formulas for key financial figures

Items affecting comparability of result

SUSTAINABILITY STATEMENT

CONSOLIDATED FINANCIAL STATEMENTS (IFRS)

PARENT COMPANY'S FINANCIAL STATEMENTS (FAS)

SIGNATURES TO THE FINANCIAL STATEMENTS

AUDITOR'S REPORT

General

Atria Plc ("Atria" or the "Group"), together with its subsidiaries, is one of the leading food companies in Northern Europe. The company develops, manufactures, markets and sells fresh foodstuffs and provides services related to them. Our core product categories are fresh meat and consumer-packed meat, poultry products, meat products such as sausages and cold cuts, as well as convenience foods and plant-based products. Atria's customers include consumers, retail trade, the Food Service sector and the food industry.

The Sustainability Statement is published annually as part of the report by the Board of Directors. The reporting period is the same as for financial reporting, i.e. the financial period 1 January 2025-31 December 2025.

General basis for preparation of the sustainability statements

Sustainability reporting covers the parent company Atria Plc and its subsidiaries. The subsidiaries are companies over which the Group has control. The accounting principles are described in more detail in section Notes, IFRS.

In Atria Plc's Sustainability Statement, the primary reporting level is the Group. Key figures for business areas are presented on the metrics required by the ESRS standards. The reporting period is the same as for financial reporting. The reporting principles for the different sustainability matters are presented in the context of each sustainability statement.

The sustainability matters and key figures reported are based on the double materiality analysis updated in 2025, which also takes sustainability impacts into account at the company's upstream and downstream value chain. Based on the double materiality analysis, the reporting requirements of the European Sustainability Reporting Standards (ESRS) relevant to the company's operations, products and stakeholders have been identified. The company does not publish in the Sustainability Statement detailed information relating to intangible assets or innovation outcomes.

Assurance on the Sustainability Statement was conducted by Deloitte Oy (limited assurance). The assurance was conducted in accordance with International Standard on Assurance Engagements (ISAE) 3000 (Revised).

Supervisory Board

Atria Group's Supervisory Board oversees the company's management, which is the responsibility of the Board of Directors and the CEO, gives instructions to the Board of Directors on matters that are far-reaching or fundamentally important, and gives its opinion to the Annual General Meeting on the financial statements and the auditor's report.

Atria Plc: members of the Supervisory Board and their main occupations 31 December 2025: Juho Anttikoski, farmer, beef producer

Mika Asunmaa, farmer, pork producer Jyrki Halonen, farmer, beef producer Mika Herrala, farmer, beef producer Vesa Isoaho, farmer, pork producer Jaakko Isomäki, farmer, beef producer

Lotta Iso-Tuisku, farmer, piglet and pork producer Jussi Joki-Erkkilä, farmer, pork producer

Jari Kajan, farmer, beef producer Ari Lajunen, farmer, beef, dairy farm

Vesa Lapatto, farmer, beef, dairy farm

Juha Nikkola, farmer, piglet and pork producer Mika Niku, farmer, beef producer

Ilkka Nykänen, managing director, Itikka Cooperative and Lihakunta Ari Pöyhönen, farmer, pork producer

Suvi Rantala, farmer, chicken producer Risto Sairanen, farmer, pork producer

Ola Sandberg, farmer, beef, suckler cow farm Juha Savela, farmer, pork producer

Pia Uusitalo, farmer, beef producer, dairy farmer

The Supervisory Board has a total of 20 members, of whom three are women and seventeen are men,

i.e. women make up 15 per cent of the Supervisory Board's members. None of the members of the Supervisory Board are employed by the Atria Group. All members of the Supervisory Board are dependent on the company, and 45 per cent are independent of the company's significant shareholders. The members of the Supervisory Board have experience in the meat business and various production sectors of the industry. The members represent different geographical areas of Finland based on their places of residence or production sites.