Marel Q4 2023 Investor Meeting - February 2024

Marel presented its Q4 2023 results and provided an update on the pending acquisition by JBT Corporation. The Board reviewed JBT's escalating proposals (EUR 3.15, 3.40, and 3.60 per share) and agreed to engage in reciprocal due diligence, with a formal takeover offer expected in Q1 2024 and transaction closure targeted for H2 2024.