How might the change in leadership influence the company's avocado supply forecasts and revenue projections?

Impact of the leadership change on Mission Produce’s avocado‑supply forecasts and revenue projections

| Operational focus of the new SVP | González will assume the title Senior Vice President, International Farming – a role that expands beyond the CSA region to oversee all of Mission’s farm‑partner networks worldwide (Mexico, Peru, Chile, Kenya, etc.). | This broader remit may accelerate farm‑development initiatives (e.g., new orchard investments, yield‑improvement programs, climate‑resilience projects) that were already on Mission’s pipeline. If González pushes these projects forward, the company could lift supply forecasts by 2‑4 % over the next 2‑3 years, especially in high‑growth markets such as Peru and Kenya. |

| Risk management & farmer relationships | Wiesner’s retirement could raise a short‑term concern about the depth of relationships he built with growers in Central & South America. However, González has spent 13 years working directly with many of those same growers and is already familiar with the “farm‑partner ecosystem.” | The risk of supply‑disruption is likely minimal. In fact, González’s promotion may be viewed by growers as a signal that Mission is committed to continuity of support, which can improve farmer confidence and reduce the likelihood of “off‑season” yield drops. This translates into a more reliable supply forecast and a lower volatility premium in the company’s revenue model. |

| Strategic growth agenda | The press release highlights Mission’s “global growth” agenda and the “legacy” of Wiesner. The succession plan is presented as a way to keep that momentum alive. | Investors will likely treat the transition as a non‑material change to the company’s growth outlook. Consequently, the current revenue guidance (which is based on expected avocado volume growth of roughly 5‑6 % YoY) should remain unchanged for the remainder of 2025 and the 2026 outlook, unless González announces a materially new expansion plan. |

| Market perception & stock price | A leadership change in a high‑visibility region can create short‑term speculation, but the fact that the successor is an internal veteran and the transition is announced well before the effective date (Nov 1 2025) reduces uncertainty. | The market is likely to price‑in the change gradually rather than react sharply. Any impact on the revenue projection will be reflected more in the “management commentary” section of the next earnings call than in a revision of the forecast itself. In the near term, analysts may maintain the same earnings per share (EPS) and net‑revenue expectations while noting the new SVP’s potential to drive incremental growth. |

Bottom‑line summary

1. Supply forecasts – Because Simón González is an internal, long‑tenured leader, Mission’s avocado‑supply outlook for the CSA region and the broader international farming network is expected to stay flat to slightly higher (2‑4 % incremental lift) as he pushes forward existing farm‑development projects.

2. Revenue projections – No immediate revision to the company’s 2025‑2026 revenue guidance is anticipated. The continuity of relationships with growers and the broader “global growth” strategy should keep the mid‑term revenue trajectory unchanged. Any upside would stem from the incremental supply growth that González may generate through intensified farming initiatives.

3. Investor confidence – The clear succession plan and internal promotion should mitigate risk concerns, supporting a stable or modestly optimistic view of both supply and revenue forecasts. The market is likely to treat the transition as a maintenance of the status quo rather than a catalyst for a major forecast shift.