Company: THS
Filing Date: 2025-03-03
Form Type: PRER14A
Source: 0001320695-25-000014
Chunk: 5

Company: TreeHouse Foods, Inc.
Filing Date: 2025-03-03
Form: PRER14A
Chunk 5
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unistically repurchased approximately $150 million of company stock. Going forward, we will continue to take a disciplined approach to our capital allocation and maximizing returns.

As we look ahead to 2025, we recognize that consistent execution across our network remains paramount and believe we are making the right investments to drive improvements in this area. Our company will focus on profitability and cash flow in the near-term as we navigate a tougher consumer environment, by managing what we can control as an organization, primarily our supply chain. The foundation we've built with our various supply chain initiatives remains strong and we have visibility to delivering our longer-term commitment of $250 million of gross supply chain savings through 2027.

We believe we have positioned TreeHouse Foods in the proper categories, and will capitalize on opportunities to further invest in those categories to improve our competitive positioning, depth, capabilities, and execution.

We continue to build a cross functional margin management function, which will allow us to enhance our profitability by allocating our capacity to the most attractive mix of business that best drives healthy cash flow, and profitability for both TreeHouse Foods and for our customers.

#### 2025 Proxy StatementTreeHouse Foods, Inc.3
| Proxy Statement Summary |

### Key Financial Highlights Include:
| Net Sales                                                                                                                                                                                                                                                                                                                                    |     | Net Income from Continuing Operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |     | Adjusted EBITDA from Continuing Operations*                                                                                                                                                                                                                                             |
| $3,354.0M                                                                                                                                                                                                                                                                                                                                    |     | $26.9M                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |     | $337.4M                                                                                                                                                                                                                                                                                 |
| Net sales from continuing operations of $3,354.0 million in 2024, compares to $3,431.6 million in 2023, a decrease of 2.3% driven by pricing from deflationary pass-through contracts, temporary product availability disruptions due to product recalls as a result of our commitment to quality and safety, and slightly weaker volume/mix |     | GAAP net income from continuing operations decreased $32.1 million in 2024 to $26.9 million, representing 0.8% margin, primarily driven by cost pressures due to the re-start of one of our broth facilities in the first half of the year as well as a temporary disruption from a product recall at our griddle facility in the 4th quarter. This compares to net income from continuing operations of $59.0 million, representing 1.7% margin, in 2023. Adjusted net income from