JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM), a global leader in food and beverage technology solutions, today released its 2024 Sustainability Report, “Shaping the Future of Food Together.” The report highlights how the company creates meaningful impact for customers, employees, communities, and the wider food ecosystem.

“Sustainability is more than a goal—it’s a responsibility,” said Brian Deck, Chief Executive Officer. “Every step we take today defines the kind of company we will be tomorrow. Together, JBT Marel’s diverse solutions, enhanced operational scale, and deep application, service, and digital expertise expand our ability to support customers and the global food system.”

JBT Marel’s Sustainability report reflects our clear purpose: To Transform the Future of Food. Hunger, malnutrition, water scarcity, carbon emissions, and climate change are among the most pressing challenges of our time. JBT Marel is uniquely positioned to address these challenges, guided by five key pillars:

• Customers: JBT Marel is focused on delivering advanced, proven, and complementary machine and digital technologies. With broad and holistic offerings spanning diversified end markets, including proteins, beverages, fruits and vegetables, and pet food, the company is committed to driving the next level of equipment performance, line productivity, operational efficiency, and sustainability for customers worldwide.

• People and Communities: Our people are the true drivers of innovation and performance. JBT Marel is a global, diverse, and motivated group, united to make a difference. In 2024, the company began developing a new diversity, equity, inclusion, and belonging (DEIB) governance structure, which includes executive oversight and further embeds DEIB across the business. JBT Marel is also building a culture hub to house DEIB-related initiatives, including employee network communities and site- and region-specific programs, ensuring they reflect and support the company’s global workforce.

• Operations: Efficiency is at the core of JBT Marel’s approach, driving continuous improvements to optimize operations, minimize environmental impact, and strengthen business resilience. We are aligning best practices, combining policies and programs and evaluating opportunities to set environmental targets.

• Supply Partners: JBT Marel’s global supply chain is central to consistently meeting and exceeding customer expectations. With suppliers worldwide, the company focuses on establishing a standard of ethical behavior that goes beyond compliance and legal obligations. JBT Marel engages with suppliers to better understand their environmental impact. The company recently released a new Supplier Code of Conduct that establishes the expectations of its supply partners.

• Governance: JBT Marel is committed to operating with integrity for the benefit of its employees, customers, communities, and other stakeholders. The company’s Guide to Ethical Conduct sets clear expectations for employees, promoting ethical and responsible conduct in the workplace and ensuring alignment with company values. The company is also in the process of combining its legacy double materiality assessments, mapping the sustainability issues most critical to its business and areas where its operations have the greatest impact, allowing JBT Marel to shape its long-term sustainability strategy.

At its core, JBT Marel is a purpose-driven company, trusted by employees, customers, and stakeholders to deliver transformative solutions and services while operating responsibly and innovatively. To learn more about JBT Marel’s sustainability initiatives, please visit our website.

About JBT Marel

JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) is a leading global technology solutions provider to high-value segments of the food & beverage industry. JBT Marel brings together the complementary strengths of both the JBT and Marel organizations to transform the future of food. JBT Marel provides unique and holistic solutions offering by designing, manufacturing, and servicing cutting-edge technology, systems, and software for a broad range of food and beverage end markets. JBT Marel aims to create better outcomes for customers by optimizing food yield and efficiency, improving food safety and quality, and enhancing uptime and proactive maintenance, all while reducing waste and resource use across the global food supply chain. JBT Marel operates sales, service, manufacturing and sourcing operations in more than 30 countries. For more information, please visit www.jbtmarel.com.

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