Mission Produce, Inc. and Calavo Growers, Inc. Merger Update

Mission Produce, Inc. and Calavo Growers, Inc. have announced that they have received antitrust clearance from Mexico's Federal Economic Competition Commission (COFECE) for the pending acquisition of Calavo by Mission Produce. The companies currently expect the merger to be completed on May 28, 2026, provided all closing conditions are met. This development is a significant step towards the finalization of the acquisition, which was previously announced and has undergone regulatory review. Both companies have filed necessary documentation with the SEC, including a registration statement on Form S-4, which includes a joint proxy statement and prospectus. Investors are urged to review these filings for comprehensive information regarding the transaction. The press release also includes forward-looking statements detailing potential risks and uncertainties associated with the merger and integration process, as well as information on how to obtain SEC filings and contact information for media and investor relations for both companies.