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22 Dec 2025 | 08:08

Director/PDMR Shareholding



Director/PDMR Shareholding

The Magnum Ice Cream Company N.V. (TMICC or the Company)

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

The Company notifies the following change in interests in the ordinary shares of EUR3.50 each (Shares) of PDMRs, arising pursuant to the grant of the following share awards: (i)      2023 Replacement Performance Share Plan (PSP) Awards and Replacement Targeted Share Awards (TSA): The replacement awards are share awards for employees (including Directors) who, at the time of the Demerger, held unvested awards under the Unilever Share Plan 2017. These replacement awards are granted under The Magnum Ice Cream Company Long Term Incentive Plan 2025 over TMICC Shares on substantially equivalent terms and with a value equivalent to the Unilever shares subject to the relevant Unilever award that lapsed due to the application of time pro-rating. (ii)      Rollover awards Unilever Restricted Stock Unit awards held as at the time of the Demerger are exchanged for substantially equivalent awards over TMICC Shares, which will vest on their original vesting date(s), subject to continued employment/service with the TMICC Group and maintaining satisfactory levels of personal performance. Awards will continue to be governed by the Unilever Share Plan 2017, which was adopted by TMICC for this purpose. (iii)      Celebration Award The Celebration Award (operated under The Magnum Ice Cream Company Celebration Award Plan) is a one-off share award over the same number of TMICC Shares to each employee who was part of the TMICC Group at the completion of the Demerger. Directors are not eligible to receive this award.

Malus and clawback provisions apply to all awards

The number of Shares granted was determined by taking the average closing share prices (on Euronext Amsterdam, London Stock Exchange and New York Stock Exchange) for the period 8 to 18 December 2025 inclusive, (being EUR13.41, GBP11.69 and USD15.60 respectively). Director2023 Replacement PSP/TSA AwardRollover AwardCelebration AwardTotal Share AwardsPeter ter Kulve 4,853 41,134 n/a 45,987Other PDMRs    Julien Barraux 816 11,120 23 11,959Sandeep Desai 508 10,042 23 10,573Tim Gunning 55 3,466 23 3,544Wai-Fung Loh 1,134 14,218 23 15,375Mark O'Brien n/a 9,330 23 9,353Gerardo Ronzanski 1,784 20,346 23 22,153Ronald Schellekens 7,168 n/a 23 7,191Mustafa Seckin 1,060 13,284 23 14,367Toloy Tahir Tanridagli 962 8,958 23 9,943Vanessa Vilar 327 3,924 23 4,274

This announcement is made in accordance with the requirements of the EU and UK version of the Market Abuse Regulation 596/2014.   1 Details of the person discharging managerial responsibilities/person closely associated a) Name of natural personPeter ter Kulve2 Reason for the notification a) Position/status  Chief Executive Officerb) Initial notification/Amendment  Initial notification3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name  The Magnum Ice Cream Company N.V.b) Legal Entity Identifier code  25490052LLF3XH6G98474 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueGBP Nature of Transaction  PriceVolumeTotal Grant of Share Awards11.693,12636,542.94  Aggregated11.693,12636,542.94  Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueEUR Nature of Transaction  PriceVolumeTotal Grant of Share Awards13.4142,861574,766.01  Aggregated13.4142,861574,766.01

1 Details of the person discharging managerial responsibilities/person closely associated a) Name of natural personJulien Barraux2 Reason for the notification a) Position/status  Chief Creative Officerb) Initial notification/Amendment  Initial notification3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name  The Magnum Ice Cream Company N.V.b) Legal Entity Identifier code  25490052LLF3XH6G98474 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueEUR Nature of Transaction  PriceVolumeTotal Grant of Share Awards13.4111,959160,370.19  Aggregated13.4111,959160,370.19        

1 Details of the person discharging managerial responsibilities/person closely associated a) Name of natural personSandeep Desai2 Reason for the notification a) Position/status  Chief Supply Chain Officerb) Initial notification/Amendment  Initial notification3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name  The Magnum Ice Cream Company N.V.b) Legal Entity Identifier code  25490052LLF3XH6G98474 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueGBP Nature of Transaction  PriceVolumeTotal Grant of Share Awards11.6910,573123,598.37  Aggregated11.6910,573123,598.37        

1 Details of the person discharging managerial responsibilities/person closely associated  a) Name of natural personTim Gunning 2 Reason for the notification  a) Position/status  Chief of Staff & Head of Strategy b) Initial notification/Amendment  Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  a) Name  The Magnum Ice Cream Company N.V. b) Legal Entity Identifier code  25490052LLF3XH6G9847 4 Details of the transaction(s) summary table  Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueEUR Nature of Transaction  PriceVolumeTotal Grant of Share Awards13.413,54447,525.04  Aggregated13.413,54447,525.04 

1 Details of the person discharging managerial responsibilities/person closely associated a) Name of natural personWai-Fung Loh2 Reason for the notification a) Position/status  President Asiab) Initial notification/Amendment  Initial notification3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name  The Magnum Ice Cream Company N.V.b) Legal Entity Identifier code  25490052LLF3XH6G98474 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueEUR Nature of Transaction  PriceVolumeTotal Grant of Share Awards13.4123308.43  Aggregated13.4123308.43  Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueGBP Nature of Transaction  PriceVolumeTotal Grant of Share Awards11.6915,352179,464.88  Aggregated11.6915,352179,464.88 

1 Details of the person discharging managerial responsibilities/person closely associated  a) Name of natural personMark O'Brien2 Reason for the notification a) Position/status  Chief Technology and Information Officerb) Initial notification/Amendment  Initial notification3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name  The Magnum Ice Cream Company N.V.b) Legal Entity Identifier code  25490052LLF3XH6G98474 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueGBP Nature of Transaction  PriceVolumeTotal Grant of Share Awards11.699,353109,336.57  Aggregated11.699,353109,336.57

1 Details of the person discharging managerial responsibilities/person closely associated a) Name of natural personGerardo Ronzanski2 Reason for the notification a) Position/status  President Americasb) Initial notification/Amendment  Initial notification3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name  The Magnum Ice Cream Company N.V.b) Legal Entity Identifier code  25490052LLF3XH6G98474 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueUSD Nature of Transaction  PriceVolumeTotal Grant of Share Awards 15.6023358.80  Aggregated 15.6023358.80 Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueGBP Nature of Transaction  PriceVolumeTotal Grant of Share Awards 11.6922,130258,699.70  Aggregated 11.6922,130258,699.70

1 Details of the person discharging managerial responsibilities/person closely associated  a) Name of natural personRonald Schellekens 2 Reason for the notification  a) Position/status  Chief Human Resources Officer b) Initial notification/Amendment  Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  a) Name  The Magnum Ice Cream Company N.V. b) Legal Entity Identifier code  25490052LLF3XH6G9847 4 Details of the transaction(s) summary table  Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueGBP Nature of Transaction  PriceVolumeTotal Grant of Share Awards11.697,19184,062.79  Aggregated11.697,19184,062.79 

1 Details of the person discharging managerial responsibilities/person closely associated  a) Name of natural personMustafa Seckin 2 Reason for the notification  a) Position/status  President of Europe, Australia & New Zealand b) Initial notification/Amendment  Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  a) Name  The Magnum Ice Cream Company N.V. b) Legal Entity Identifier code  25490052LLF3XH6G9847 4 Details of the transaction(s) summary table  Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueEUR Nature of Transaction  PriceVolumeTotal Grant of Share Awards13.4113,307178,446.87  Aggregated13.4113,307178,446.87  Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueGBP Nature of Transaction  PriceVolumeTotal Grant of Share Awards11.691,06012,391.40  Aggregated11.691,06012,391.40

1 Details of the person discharging managerial responsibilities/person closely associated  a) Name of natural personToloy Tahir Tanridagli 2 Reason for the notification  a) Position/status  President of Middle East, Turkey, South Asia and Africa b) Initial notification/Amendment  Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  a) Name  The Magnum Ice Cream Company N.V. b) Legal Entity Identifier code  25490052LLF3XH6G9847 4 Details of the transaction(s) summary table  Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueEUR Nature of Transaction  PriceVolumeTotal Grant of Share Awards13.4123308.43  Aggregated13.4123308.43  Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueGBP Nature of Transaction  PriceVolumeTotal Grant of Share Awards 11.699,920115,964.80  Aggregated 11.699,920115,964.80

1 Details of the person discharging managerial responsibilities/person closely associated a) Name of natural personVanessa Vilar2 Reason for the notification a) Position/status  Chief Legal Officerb) Initial notification/Amendment  Initial notification3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name  The Magnum Ice Cream Company N.V.b) Legal Entity Identifier code  25490052LLF3XH6G98474 Details of the transaction(s) summary table Date of TransactionDescription of InstrumentIdentification CodePlace of TransactionCurrency 19-DEC-2025Ordinary shares of €3.50 eachISIN: NL0015002MS2Outside a trading venueEUR Nature of Transaction  PriceVolumeTotal Grant of Share Awards13.414,27457,314.34  Aggregated 13.414,27457,314.34

Enquiries Media Relationsmedia.relations-tmicc@magnumicecream.com Investor Relationsinvestor.relations-tmicc@magnumicecream.com

About The Magnum Ice Cream Company The Magnum Ice Cream Company is the world's largest ice cream company. With an unrivalled portfolio of brands including global power brands Magnum, Ben & Jerry's, Wall's and Cornetto, and with a global fleet of nearly 3 million freezers, our products are available in 80 countries. The company generated €7.9 billion in revenue in 2024. TMICC's legal entity identifier is 25490052LLF3XH6G9847. For more information, visit The Magnum Ice Cream Company website.    

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