Village Farms International

Forward-looking statements may relate to the Company's future outlook or financial position and anticipated events or results and may include statements regarding the financial position, business strategy, budgets, expansion plans, litigation, projected production, projected costs, capital expenditures, financial results, tariffs, taxes, plans and objectives of or involving the Company.

SEC original ↗Village Farms International — Earnings release (8-K exhibit)EX-99Aug 10, 2026

” “We’re having a record year of production in our Delta, British Columbia facilities even without including the first harvest we completed in our Delta 2 greenhouse expansion, and record yields combined with greater operating efficiencies have resulted in a lower cost of production.

SEC original ↗Village Farms International — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Favorable sales mix also helped drive nine percentage points of cannabis gross margin expansion which translated to strong operating leverage with adjusted EBITDA and net income both meaningfully outpacing total sales growth.

SEC original ↗Village Farms International — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Our Netherlands operations are expected to ramp to full production capacity by the end of Q1 next year, and our Delta 2 expansion in Canada remains on track to reach its full 40 tonne production run rate by mid-2027, both of which provide us with a clear path for continued long-term organic growth.

SEC original ↗Village Farms International — Earnings release (8-K exhibit)EX-99Aug 10, 2026

We’re continuing to evaluate additional organic and acquisitive growth investments around the world, but remain prudent and patient with respect to valuation with a focus on profitability and long-term value creation for our shareholders.

SEC original ↗Village Farms International — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Strategic Growth and Operational Highlights • Maintained the Company’s top five overall market share position in the Canadian market and expanded its market share in vapes and infused pre-rolls, now positioning the Company’s brand portfolio among the top 10 nationally in all major product categories 1 .

SEC original ↗Village Farms International — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Forward-looking statements may relate to the Company's future outlook or financial position and anticipated events or results and may include statements regarding the financial position, business strategy, budgets, expansion plans, litigation, projected production, projected costs, capital expenditures, financial results, tariffs, taxes, plans and objectives of or involving the Company.

SEC original ↗Village Farms International — Earnings release (8-K exhibit)EX-99Aug 10, 2026

Forward-looking statements necessarily involve known and unknown risks and uncertainties, many of which are beyond the Company's control, which may cause the Company's or the industry's actual results, performance, achievements, prospects and opportunities in future periods to differ materially from those expressed or implied by such forward-looking statements.

SEC original ↗Village Farms International — Earnings release (8-K exhibit)EX-99Aug 10, 2026

These risks and uncertainties include, among other things, the factors contained in the Company's filings with securities regulators, including this Press Release and the Company’s most recently filed annual report on Form 10-K and quarterly report on Form 10-Q.

SEC original ↗Village Farms International — Earnings release (8-K exhibit)EX-99Aug 10, 2026

When relying on forward-looking statements to make decisions, the Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future results, performance, achievements, prospects and opportunities.

SEC original ↗Village Farms International — Earnings release (8-K exhibit)EX-99Aug 10, 2026