From the first day of the serious complications of the disruption of the global supply chain from the "closure of Suez", the management of the Jumbo Group made a commitment to the consumer and avoided offering on the shelves of the stores, products with a temporary or opportunistic price increase.

This strategy paid off as it strengthened the JUMBOs' bond of trust with consumers, leading to an increase in sales volume.

• JUMBO Group sales during 2024 grew by approximately +6.3% compared to 2023, exceeding the revised forecast set by management for a minimum sales growth of +4%.
• The last month of 2024 closed for the JUMBO Group with an increase in sales of approximately +2% compared to December 2023.

It is clear that the asymmetric problems in the supply chain and the inability to deliver products within the specific timeframes affected the whole year and especially December.

Meanwhile, instability in the Red Sea and the Middle East continues, a new virus and a possible new tariff policy from the US add new problems to global trade.

Under these circumstances, any attempt to formulate forecasts and estimates for the new year's figures is difficult and lacks credibility.

JUMBO Group management believes that a first estimate for 2025 would be useful after the first quarter.The management of Jumbo Group is permanently committed to providing accurate and timely information to the shareholders - partners and will continue to provide information on a monthly basis on the sales development.