Local Bounti Corporation/DE

Product Development & Distribution

During the third quarter of 2025, Local Bounti expanded distribution of its salad kit line across additional regional retailers in the Pacific Northwest, demonstrating ongoing demand for convenient and fresh meal options. In the home-delivery channel, the Company successfully launched four new grab-and-go offerings with a leading partner, thus increasing the depth of its assortment and further positioning itself for growth in the direct-to-consumer segment. Additionally, Local Bounti entered into an agreement to pack private label Butter Living for Markon Cooperative, which serves as the purchasing, logistics, information, and marketing partner for its five member distributors and their North American foodservice customers. This partnership highlights the trust and credibility Local Bounti has established with its partners.

Regarding product commercialization, Local Bounti finalized its new family-sized 10oz Romano Caesar Salad Kit, which launched in key Pacific Northwest retailers, including Walmart, in October. This move advances the Company's strategy to offer multi-serve products at scale.