- **Danone has withdrawn its proposal to acquire Lifeway Foods, Inc.**, as announced on **September 18, 2025**.  **[814586_0001999371-25-013500_ex99-1.htm:0]** 
- Lifeway Foods, Inc. affirmed its commitment to executing its strategic plan and exploring other value-enhancing opportunities for shareholders.  **[814586_0001999371-25-013500_ex99-1.htm:0]** 
- The company reported **record net sales of $53.9 million in Q2 2025**, an **18% year-over-year increase**, and **$39.1 million in unaudited net sales for the first two months of Q3 2025**, a **20% year-over-year increase**.  **[814586_0001999371-25-013500_ex99-1.htm:0]** 
- Lifeway has achieved **22 consecutive quarters of growth**.  **[814586_0001999371-25-013500_ex99-1.htm:0]**

Lifeway Foods comments on Danone acquisition proposal withdrawal

- **Lifeway Foods, Inc.** announced that **Danone has withdrawn its proposal to acquire the company**.  **[814586_20250918DC76998:0]** 
- The company reaffirmed its commitment to **driving shareholder value** by executing its strategic plan and focusing on growth, following the unsolicited proposal.  **[814586_20250918DC76998:0]** 
- Lifeway reported **record net sales of $53.9 million in Q2 2025**, an **18% year-over-year increase**, and **$39.1 million in unaudited net sales for the first two months of Q3 2025**, a **20% year-over-year increase**.  **[814586_20250918DC76998:0]** 
- This performance contributes to Lifeway's track record of **22 consecutive quarters of growth**.  **[814586_20250918DC76998:0]**

Lifeway Foods Comments on Danone Acquisition Proposal Withdrawal

- **Lifeway Foods** has completed **stage one** of a multi-million dollar expansion at its **Waukesha, Wisconsin facility**, which aims to **double production capacity** and drive a significant hiring ramp-up.  **[814586_20250912DC72703:0]** 
- The company reported **record net sales of $53.9 million in Q2 2025**, an **18% year-over-year increase**, and unaudited net sales of **$39.1 million** for the first two months of Q3 2025, representing a **20% year-over-year increase**.  **[814586_20250912DC72703:0]** 
- The full expansion is anticipated to be operational by **Q3 2026**, supporting **Lifeway's 22 consecutive quarters of growth** and its over 90% share of the U.S. kefir market.  **[814586_20250912DC72703:0]**

Lifeway Foods (LWAY)