Dug Foodtech

"We are delighted to have successfully introduced the DUG potato drink to the German market. DUG has quickly gained attention for its great taste, packaging, and sustainability. We see significant potential for these products in the German food sector. Just a few weeks into our partnership, we have already secured our first major national customer, REWE, which clearly demonstrates the strong interest from German retail chains," says Eric Thieme, CEO of CENFOOD GmbH.

Starting from mid-July, the DUG potato drink will be available nationwide in REWE’s online store. In the coming weeks, CENFOOD will work intensively to introduce DUG in REWE and Edeka’s physical stores. Currently, CENFOOD is focusing on reaching out to customers in convenience stores and the Food Service segment, such as Metro, Edeka Foodservice, and other leading retail chains.

"DUG now being present nationally in Germany enables us to continue our expansion in Germany and other markets. CENFOOD GmbH has the right background and experience, as well as an innovative approach to engaging with the German food sector," says Helene Nielsen, CEO of Veg of Lund.

For more information, please contact:

Veg of Lund AB

Helene Nielsen, CEO

Telephone: +46 732 22 76 35

E-mail: helene.nielsen@vegoflund.se

About Veg of Lund AB (publ)

Veg of Lund should be the natural choice for all actors in the transition to plant-based foods. The company’s business concept is to use its own patented methods, innovative solutions and know-how to develop and sell products that the market demands. Changes are required for the food industry to reach its set climate goals. The company is contributing by its investment in plant-based foods with a low climate footprint, raw materials that are easily grown and available, and health benefits for the end consumer. The company and its well-established partners in priority markets and channels provide the conditions to grow in a global market, valued at USD 100 billion. The share is listed on Nasdaq First North and is traded under the name VOLAB. Read more at ir.vegoflund.se. Mangold Fondkommission AB is the company’s Certified Adviser and can be contacted by phone: +46 8 5030 15 50 or e-mail: ca@mangold.se.