Lassonde Industries Investor Presentation — December 2023

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Fourth quarter and fiscal year ended

LASSONDE INDUSTRIES INC.Thisdocument contains“forward -lookinginformation” andtheCorporation’s oralandwritten public communications thatdonotconstitute historical factmaybedeemed tobe“forward -lookinginformation” within themeaning

ofapplicable Canadian securities law.These forward -looking statements include, butarenotlimited to,statements onobjectives andgoals oftheCorporation andarebased oncurrent expectations, projections, beliefs,

judgments, andassumptions based oninformation available atthetimetheapplicable forward -looking statement wasmade andconsidering theCorporation’s experience combined withitsperception ofhistorical trends .

Forward -looking statements aretypically identified bywords such as“anticipate”, “continue”, “estimate”, “expect”, “may”,“will”,“project”, “should”, “could”,“would”,“believe”, “plan”,“intend”, “design”, “target”,“objective”,

“strategy”, “likely”,“potential”, “outlook”, “aim”,“goal”, andsimilar expressions suggesting future events orfuture performance inaddition tothenegative forms ofthese terms oranyvariations thereof .Allstatements other than

statements ofhistorical factincluded inthisdocument mayconstitute aforward -looking statement .

Inthisdocument, forward -looking statements include, butarenotlimited to,those setforthinthe“Outlook” section ofthe2023 annual MD&A, which alsopresents some (butnotall)ofthekeyassumptions used indetermining

theforward -looking statements .Some oftheforward -looking statements inthisdocument, such asstatements concerning volume andsales growth rate, keycommodity andinput costs, expenses, including items impacting

thecomparability between theperiods, effective taxrate, working capital, andcapital expenditures maybeconsidered financial outlooks forthepurposes ofapplicable Canadian securities regulation .These financial outlooks

arepresented toevaluate potential future earnings andanticipated future uses ofcash flows andmaynotbeappropriate forother purposes .

Various factors orassumptions areapplied bytheCorporation inelaborating theforward -looking statements .These factors andassumptions arebased oninformation currently available totheCorporation, including

information obtained bytheCorporation from third party sources .Readers arecautioned that theassumptions considered bytheCorporation tosupport these forward -looking statements may prove tobe

incorrect inwhole orinpart.

Thesignificant factors thatcould cause actual results todiffer materially from theconclusions, forecasts orprojections contained intheforward -looking statements contained herein include, among other things, risks

associated withthefollowing :deterioration ofgeneral macroeconomic conditions, including international conflicts, which canlead tonegative impacts ontheCorporation’s suppliers, customers andoperating costs ;the