SHAREHOLDERS’ NEWSLETTER VIVESCIA INDUSTRIES 2022-2023 Milling The economic backdrop has been unstable once again this year. The prices of inputs and raw materials have continued to rise due to the geopolitical situation, and inflation has led to a drop in consumer spending. To keep our results on track in the face of these headwinds, we have focused on three priorities: boosting our sales and stressing our points of difference; improving our operational excellence; and highlighting our commitment to sustainability. All the key actions put in place by our teams in 2022-2023 are in line with this road map. GMP, the local miller © Photo credits: Clément Lemaire “Passion brings us closer”: that is the serve. To support the campaign, we released tagline of Grands Moulins de Paris’s new a new version of our corporate 昀椀lm. Also communications campaign. It ran on social during 2022-2023, we rolled out our new media and in the trade press between sustainability strategy, LINK by GMP, which October 2022 and March 2023, highlighting is consistent with the Group strategy. our close links to the local communities we 14 15