20 March 2026

Tooru plc

("Tooru", the "Company" or the "Group")

Business & Operational Updates

Tooru plc (TOO.L), the plant-based and free-from food group, is pleased to provide a positive business and operational update, building momentum across its brand portfolio, strengthening distribution, and continued execution against its growth strategy.

Operational Updates

·     Pulsin has returned to broad stock availability, with products now replenishing major retail partners across the UK and Europe

·     OAF will exhibit at the Allergy & Free From Show at the NEC Birmingham on 9-10 May 2026, supporting further commercial opportunities and brand awareness

·     A new Swiss distribution agreement will go live in April 2026 for Pulsin bars and powders, expanding European reach

·      Purely Plantain crisps have secured a new listing with Virgin Atlantic, with rollout expected during 2026

·      The Company's new headquarters opened at Great Queen Street, London

·      Launch of shareholder engagement initiative, including exclusive discounts across Group brands

Management Commentary

The Board is highly encouraged by the strong start to 2026, marked by the successful resolution of prior supply constraints and the return of Pulsin to normal production and distribution. Early indications show a meaningful improvement in order flow, with retail partners increasing restocking activity across key territories.

The Group continues to build commercial momentum through targeted brand investment and strategic partnerships. OAF's presence at the Allergy & Free From Show is expected to generate new trade opportunities, while reinforcing its position in one of the fastest-growing segments of the UK food market.

International expansion remains a core pillar of Tooru's growth strategy. The Swiss distribution agreement represents a further step in scaling Pulsin's European footprint, with additional markets under active discussion. The Board believes the Group is well positioned to leverage increasing demand for plant-based and functional nutrition products across Europe.

The new listing secured with Virgin Atlantic is a significant commercial milestone for the Purely Plantain brand. This partnership provides access to a high-value international customer base and is expected to enhance both revenue visibility and brand recognition globally.

Operationally, the establishment of the Company's new London headquarters enhances infrastructure to support scale, improves operational coordination, and reflects the Group's continued progression as a public company.

Overall, the Board believes the Company is entering a period of sustained growth, underpinned by improved supply chain stability, expanding distribution channels, and increasing brand traction. The outlook for the remainder of 2026 remains positive.

Shareholder Engagement Initiative

In line with its commitment to shareholder engagement and product awareness, the Company is pleased to offer exclusive discounts across its brands:

·     At www.oafglutenfree.co.uk and www.juvela.co.uk (including OAF products), use code TOORU20 for 20% discount

·      At www.pulsin.co.uk, use code INVESTOR26 for 26% discount

These initiatives are intended to encourage shareholder participation and increase direct-to-consumer engagement across the Group's product range. We are currently exploring a number of very exciting acquisition opportunities and hope to update the market soon. 

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