GlobeNewswire Inc | Dec 11, 2020 02:00AM EST

December 11, 2020

Zaandam, the Netherlands,December 11, 2020Ahold Delhaizetoday announces that ithas successfully closed a 1 billion, Sustainability-linked Revolving Credit Facility (the Facility), refinancing its existing 2015-dated 1 billionfacility.The Facilityis an important milestone thathighlights how Ahold Delhaize is reinforcing thealignmentofitsfundingstrategyanditscommitments laid out in its Healthy & Sustainableambition, which can be foundhere

ThroughthisFacility, Ahold Delhaizedraws a connection betweenits cost ofborrowingandtheachievementofthefollowing ambitions:

-- Food waste reduction:as measured by percentage reduction in tons of food waste per million Euro food salesand supporting the UN SDG12.3;

-- Carbon emission reduction:as measuredby percentage reduction of Scope 1 and Scope 2 CO2-equivalent emissionsand aligned with Ahold Delhaize SBTi-certified 2030targets;

-- Promotion of healthier eating: as measured by percentage of own brand food sales from healthy products.

Ahold Delhaize will report on the progresson these ambitionsin the companys annual report.

Natalie Knight, Chief Financial Officer, said: This is an important facility for Ahold Delhaize that ensures wemaintain ourfinancial flexibility. After having issued the first euro-denominated SustainabilityBondin the Retail industry in June 2019, we believe that linking this facility withour significantHealthy & Sustainableambitionwilldeliver a positive outcomeforall stakeholders.

The newFacilityhas a maturity of three years with twoone-year extensionoptions.The Facility also includes a mechanism allowing the company toanticipate the discontinuation of theUS dollarinterbank benchmark interest rate.A syndicate of 16 relationship banksparticipate intheFacility.

ABN AMRO andSocitGnrale acted as Coordinators and Sustainability Coordinators on the Facility.

Cautionary noticeThis communication includes forward-looking statements. All statements other than statements of historical facts may be forward-looking statements. Words such as reinforcing, alignment, strategy, commitments, ambition(s), reduction, promotion, progress, ensures, maintain, believe, deliver, outcome, maturity, options, anticipate, discontinuation or other similar words or expressions are typically used to identify forward-looking statements.

Forward-looking statements are subject to risks, uncertainties and other factors that are difficult to predict and that may cause actual results ofKoninklijkeAhold Delhaize N.V. (the Company) to differ materially from future results expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the risk factors set forth in the Companys public filings and other disclosures. Forward-looking statements reflect the current views of the Companys management and assumptions based on information currently available to the Companys management. Forward-looking statements speak only as of the date they aremadeand the Company does not assume any obligation to update such statements, except as required by law.