We are excited to share some key milestones from our portfolio company Swap, which continues to grow its footprint in both foodservice and retail:

• La Croissanterie Collaboration: In partnership with Tabasco, La Croissanterie launched a new Tex-Mex sandwich featuring Swap’s 100% plant-based filet, now available nationwide since June 18th.

• FoodChéri Innovation: Swap’s filet is at the heart of FoodChéri’s new summer recipe, the Crousti-Fondante Salad, combining plant-based filet rillettes, carrot quinoa, arugula, and savory granola.

• Heura Retail Expansion: Through a strategic partnership with Heura, Swap’s filet is now available in more than 2,000 retail outlets across France, including Carrefour, Intermarché, Leclerc, Monoprix, and Super U. Swap’s Supreme is also being listed in Spain and Portugal, marking an important step toward European expansion.

• Jour Menu Launch: Starting in April, the fast-casual chain Jour will introduce a signature dish, The Veggie Avocado Caesar, featuring Swap’s plant-based filet across its 35 French locations.

These developments highlight Swap’s growing influence in making plant-based dining both accessible and appealing, from retail shelves to restaurant menus.