The Magnum Ice Cream Company (MICC) Registration filing summary

Company overview and business model

• Global leader in ice cream, operating in 80 countries and holding 21% of the global retail ice cream market.

• Portfolio includes four of the world's five largest ice cream brands and a broad range of products for at-home and away-from-home consumption.

• Technology-driven marketing and innovation strategy, supported by 12 R&D centers and a fleet of 3 million freezer cabinets.

• Formed through a demerger from Unilever, completed in December 2025, with transitional arrangements in place.

• Recent acquisitions include Unilever's Indian and Portuguese ice cream businesses, expanding geographic reach.

Financial performance and metrics

• As of December 31, 2025: €441 million in cash and cash equivalents, €3,416 million in total indebtedness, and €625 million in total shareholders' equity.

• Net tangible book value per share as of December 31, 2025 was $-1.14 (€-0.99), with immediate dilution of $15.79 per share for new investors at the offering price.

Use of proceeds and capital allocation

• No proceeds will be received by the company from the resale of shares by selling securityholders.

• Net proceeds from prior bond issuance used for general corporate purposes, including facilitating the demerger.