Aiming to double the EBITDA by 2030 and expand into new business lines

DN AGRAR's announced its Development Strategy

- a medium-term plan, built around five strategic pillars:

• Expansion of existing business lines
• Diversification of revenue streams
• Sustainable growth
• Digitalization and cost optimization
• Value creation for shareholders

Jan Gijsbertus de Boer

Chairman of the Board,

DN AGRAR Group:

  "We are not just expanding farms, we are cultivating a new paradigm in sustainable agriculture.

Our goal is to become a regional leader in premium dairy and food production by developing industrial clusters that combine dairy farming, vegetable production, biogas and composting facilities, vertical wheatgrass farms, and greenhouse horticulture.     

With five major projects kicking off in 2026 and a biogas facility set to launch in 2027, we are positioned to double EBITDA by 2030.

This strategy will be implemented by a newly structured executive management team. As DN AGRAR enters a new chapter, I am proud to see a leadership team take the helm that not only knows this business inside out but also brings a powerful mix of complementary

With a strong focus on innovation, operational excellence, and sustainable impact, the new leadership is fully empowered to deliver on our ambitious vision. Moreover, the additional initiatives under analysis, including targeted M&As, place us on a path to exceed the projections.

This growth trajectory supports our upcoming transition to the Main Market of the Bucharest Stock Exchange, designed to enhance liquidity, broaden our investor base, and drive long-term value creation for shareholders."

✅ CUT 2 Farm - A new 5,000-head cattle facility with a projected daily milk output of 150,000 liters. It will include a vertical farm producing 25% of the feed onsite. Construction is set to begin in 2026, with full operations by 2029.

✅ Composting facilities - Five composting units will be developed alongside existing operations, with expected annual output exceeding 40,000 tons of organic fertilizer by end of 2030.

✅ Biomethane plant - Developed in collaboration with Black Sea Oil & Gas, the project is expected to generate annual revenues of EUR 3.5 - 4 million starting in 2027 and contribute to a 90% reduction in carbon emissions.

✅ Wheatgrass vertical farms - Four vertical systems will generate over 100 tons of wheatgrass per day, potentially offsetting 25% of current feed input, improving cost-efficiency and sustainability.

📚 Straja 2 Farm - Designed for 5,000 dairy cows and daily production of 150,000 liters of milk. It will incorporate an advanced research & development center and vertical farming technologies, with completion scheduled for 2030.

📚 Greenhouse vegetable cultivation - A strategic initiative to broaden DN AGRAR’s revenue mix beyond dairy, tapping into the growing demand for traceable, high-quality produce.

📚 Portfolio diversification - Through research initiatives in partnership with academic institutions, we're focused on maximizing the commodity value. This includes strategies like selling extracted fat and protein from milk, producing milk powder, or dehydrating milk to reduce transportation costs and boost margins.   

Project financing will be secured through a blend of bank loans, EU funding programs, capital increase, and internal capital.

NEW MANAGEMENT TEAM ANNOUNCED

To steer this bold vision, DN AGRAR has approved a new structure of the executive management team:

• Peter de Boer, Chief Executive Officer (CEO);
• Adina Trufaș, Chief Operating Officer (COO) and Deputy CEO;
• Mihaela Nicula, Chief Financial Officer (CFO).

Current CEO, Jan Gijsbertus de Boer, will transition to the role of Strategic Advisor to the CEO, and will continue as Chairman of the Board, ensuring continuity in strategic leadership.

”Peter, Adina, and Mihaela have together more than 30 years of experience within our Group, and each of them played a key role in major milestones such as our listing on the Bucharest Stock Exchange and the rollout of strategic development initiatives. Since that moment, I have worked closely with them to prepare for this transition, one rooted in trust, continuity, and readiness for the scale of what lies ahead. Their combined expertise in strategy, operations, and finance reflects the leadership DN AGRAR needs to successfully execute the 2025 - 2030 Development Strategy and position itself as a regional leader in sustainable agribusiness.” - Jan Gijsbertus de Boer, Chairman of the Board

The new executive team will assume responsibilities starting 1st of June 2025.

Peter de Boer

DN AGRAR Group:

  "Taking on the CEO role at this pivotal moment is both an honor and a responsibility I fully embrace. Over the past years, I have had the opportunity to contribute directly to DN AGRAR’s strategic direction, from coordinating the company’s successful listing on the Bucharest Stock Exchange to launching transformative initiatives such as our digitalization roadmap and the biogas investment project, which will anchor our sustainability-driven growth.

The new phase of development guided by our 2025–2030 Development Strategy is defined not just by the expansion of our core dairy operations, but by the creation of entirely new business lines. These include vertical farming, composting, and greenhouse production, which will strengthen our revenue base and position DN AGRAR as a developer of integrated industrial clusters in agriculture.

Our ambition is clear: to drive innovation, sustainability, and performance, and to establish DN AGRAR as a leading agribusiness company listed on the Main Market of the Bucharest Stock Exchange.

I am honored to lead this next stage of growth alongside a highly experienced team that knows the company deeply and is aligned with its future direction and backed by the strategic vision of the founder."

We reiterate the invitation to the teleconference to present
the Q1 2025 financial and operational results, as well as

DN AGRAR's 2025 - 2030 Strategy

Monday, May 26th, 2025, 05:00 PM, ONLINE

The event will be held in ENGLISH, with simultaneous translation

into ROMANIAN, via ZOOM.

We encourage you to submit your questions before the teleconference, on the registration link or at the following email address:  investors@dn-agrar.eu !

Starting with May 26th, 2025,

DN AGRAR's 2025 - 2030 STRATEGY is available

both on the Bucharest Stock Exchange (BVB) website (symbol DN), as well as on the DN AGRAR website, in the Investors section.

June 11th, 2025

Quarterly Report by Ziare.com & Tradeville - Speaker Peter de Boer, CEO & BoD Member

June 13th, 2025

Forum by ARIR - Speaker Peter de Boer, CEO & BoD Member

News for Investors

About DN AGRAR Group

DN AGRAR is the largest integrated zootechnical farm in Romania, with cow milk production and vegetable production. The Group works over 7,000 hectares of owned and leased land and owns over 16,000 cattle, dairy cows and young cattle. The company operates in the center of Transylvania, in Alba, Sibiu and Hunedoara counties.

DN AGRAR was founded in 2008 by Jan Gijsbertus de Boer and has been listed on the Bucharest Stock Exchange, on the AeRO market, since February 2022. The shares were included in the BETAeRO index of the most traded companies in the MULTILATERAL TRADING SYSTEM - SMT, starting September 19th, 2022, and were included in the MSCI Frontier Small Cap and MSCI Romania Small Cap indices on March 1st, 2024.

The company's main areas of activity are animal husbandry, vegetable agriculture production, agricultural services, logistics, transport, tourism and business and management consulting services.

INVESTOR RELATIONS CONTACT

Peter de Boer, BoD Member & Strategy and Investor Relations Director

investors@dn-agrar.eu, +40 258 818114

DN AGRAR Group Romania, No. 1, Iuliu Maniu, Alba-Iulia, Alba 510094, Romania