Utz Brands Releases 2022 Environmental, Social and Governance (ESG) Report

Rhea-AI Summary

Utz Brands releases 2022 ESG Report showcasing strides in sustainability and social progress

Positive

• Utz has taken concrete steps to reduce its environmental footprint and explore innovative packaging solutions
• The company has fostered an inclusive and diverse work environment, prioritizing employee well-being and development
• Utz maintains a robust corporate governance framework promoting ethical decision-making and accountability

Negative

• None.

HANOVER, Pa.--(BUSINESS WIRE)-- Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced the release of its 2022 Environmental, Social & Governance (“ESG”) Report.

The ESG report, which covers the fiscal year that ended January 1, 2023, highlights the significant strides the Company has made over the past year, building on the momentum from the Company’s inaugural report released in 2022. The ESG report also emphasizes Utz’s dedication to positively impacting the planet, communities, and stakeholders, while addressing essential ESG challenges.

Key Highlights from the ESG Report:

Environment: Utz has taken concrete steps to reduce its environmental footprint, including setting baselines and exploring innovative packaging solutions. Utz’s efforts align with industry-leading peers ensuring that Utz remains at the forefront of sustainable practices.

Social: At Utz, people are at the heart of everything the Company does. Utz has fostered an inclusive and diverse work environment, prioritizing the well-being and development of its employees. Utz’s comprehensive wellness programs and workforce diversity initiatives reflect Utz’s commitment to social progress.

Governance: Utz maintains a robust corporate governance framework, promoting ethical decision-making, accountability, and fairness. Guided by best practices, Utz strives to uphold the trust and confidence of all Utz stakeholders.

To learn more about Utz’s ESG programs and to view the full 2022 ESG report, please visit here. Utz encourages everyone to explore Utz’s achievements, challenges, and aspirations towards a more sustainable future.

About Utz Brands, Inc.

Utz Brands, Inc. (NYSE: UTZ) manufactures a diverse portfolio of savory snacks through popular brands including Utz®, On The Border® Chips & Dips, Golden Flake®, Zapp’s®, Good Health®, Boulder Canyon®, Hawaiian Brand®, and TORTIYAHS!®, among others.

After a century with strong family heritage, Utz continues to have a passion for exciting and delighting consumers with delicious snack foods made from top-quality ingredients. Utz’s products are distributed nationally through grocery, mass merchandisers, club, convenience, drug, and other channels. Based in Hanover, Pennsylvania, Utz has multiple manufacturing facilities located across the U.S. to serve its growing customer base. For more information, please visit www.utzsnacks.com or call 1‐800‐FOR‐SNAX

Investors and others should note that Utz announces material financial information to its investors using its investor relations website (investors.utzsnacks.com), SEC filings, press releases, public conference calls and webcasts. Utz uses these channels, as well as social media, to communicate with our stockholders and the public about the Company, the Company’s products, and other issues. It is possible that the information that Utz posts on social media could be deemed to be material information. Therefore, Utz encourages investors, the media, and others interested in the Company to review the information posted on the social media channels listed on Utz’s investor relations website.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230824721520/en/

Investor Contact

Utz Brands, Inc.

Kevin Powers

kpowers@utzsnacks.com

Media Contact

Utz Brands, Inc.

Kevin Brick

kbrick@utzsnacks.com

Source: Utz Brands, Inc.