UTZ utz brands - to become private, owned 50% by rice and lissette Family and 50% by intersnack group

UTZ (more) Utz Brands, Inc. and Intersnack Group GmbH & Co. KG Announce Agreement to Take Utz Private and Partnership with Founding Family Utz Brands, Inc. and Intersnack Group GmbH & Co. KG Announce Agreement to Take Utz Private and Partnership with Founding Family Intersnack Group to Acquire All Utz Class A Common Stock for $14.25 Per Share in Cash; A Premium of Approximately 91% to the July 20, 2026 Closing Price, Providing Compelling, Immediate and Certain Value The Rice and Lissette Family Entities to Continue Significant Ownership Stake in Utz; Utz to be Owned 50% by the Rice and Lissette Family and 50% by Intersnack Group Following Transaction Close Transaction Expands Intersnack Group’s Exposure to Attractive U.S. Snack Market and Provides Utz with Access to Intersnack’s Expansive Resources and Innovation to Drive Further Growth Utz to Maintain Ongoing Commitment to Hanover Community Link To Press Release