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 €3.50 each (Shares) of PDMRs, arising pursuant to the grant of options relating to the Foundation Plan for Growth (the Foundation Plan). The Foundation Plan is a one-time co-investment plan to incentivise the substantial foundational work required to establish the Company’s long-term position and value-creation trajectory, ensure that executives are materially invested in the Company’s success through significant share ownership and align rewards with long-term, sustainable value created for all stakeholders. Subject to continued holding of the personal investments and TMICC’s Total Shareholding Return (TSR) over the period from grant to vesting exceeding the median TSR of the sector peer group, as disclosed on page 70 of the 2025 Annual Report; 50% of the options will vest after three years and the remaining 50% after four years. The exercise window will be open from vesting until the seventh anniversary of the grant.
The option exercise price was determined by taking the average closing share prices (on Euronext Amsterdam and the London Stock Exchange) for the period 9 to 15 June 2026 inclusive; and for the New York Stock Exchange, the closing share price on 15 June 2026 (the option exercise price being EUR15.33, GBP13.23 and USD17.82 respectively).
Malus and clawback provisions apply to all awards
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 person
Peter ter Kulve
2
Reason for the notification
a)
Position/status
Chief Executive 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 Transaction
Description of Instrument
Identification Code
Place of Transaction
Currency
16-JUN-2026
Ordinary shares of €3.50 each
ISIN: NL0015002MS2
Outside a trading venue
EUR
Nature of Transaction
Price
Volume
Total
Grant of Options
15.33
2,362,060
36,210,379.80
Aggregated
15.33
2,362,060
36,210,379.80
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name of natural person
Abhijit Bhattacharya
2
Reason for the notification
a)
Position/status
Chief Financial 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 Transaction
Description of Instrument
Identification Code
Place of Transaction
Currency
16-JUN-2026
Ordinary shares of €3.50 each
ISIN: NL0015002MS2
Outside a trading venue
EUR
Nature of Transaction
Price
Volume
Total
Grant of Options
15.33
1,330,010
20,389,053.30
Aggregated
15.33
1,330,010
20,389,053.30
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name of natural person
Ronald 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 Transaction
Description of Instrument
Identification Code
Place of Transaction
Currency
16-JUN-2026
Ordinary shares of €3.50 each
ISIN: NL0015002MS2
Outside a trading venue
GBP
Nature of Transaction
Price
Volume
Total
Grant of Options
13.23
1,071,235
14,172,439.05
Aggregated
13.23
1,071,235
14,172,439.05
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name of natural person
Gerardo Rozanski
2
Reason for the notification
a)
Position/status
President, Americas
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 Transaction
Description of Instrument
Identification Code
Place of Transaction
Currency
16-JUN-2026
Ordinary shares of €3.50 each
ISIN: NL0015002MS2
Outside a trading venue
USD
Nature of Transaction
Price
Volume
Total
Grant of Options
17.82
836,848
14,912,631.36
Aggregated
17.82
836,848
14,912,631.36
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name of natural person
Mustafa Seckin
2
Reason for the notification
a)
Position/status
President Europe and 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 Transaction
Description of Instrument
Identification Code
Place of Transaction
Currency
16-JUN-2026
Ordinary shares of €3.50 each
ISIN: NL0015002MS2
Outside a trading venue
EUR
Nature of Transaction
Price
Volume
Total
Grant of Options
15.33
268,408
4,114,694.64
Aggregated
15.33
268,408
4,114,694.64
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name of natural person
Wai Fung Loh
2
Reason for the notification
a)
Position/status
President, Asia
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 Transaction
Description of Instrument
Identification Code
Place of Transaction
Currency
16-JUN-2026
Ordinary shares of €3.50 each
ISIN: NL0015002MS2
Outside a trading venue
EUR
Nature of Transaction
Price
Volume
Total
Grant of Options
15.33
397,573
6,094,794.09
Aggregated
15.33
397,573
6,094,794.09
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name of natural person
Toloy Tahir Tanridagli
2
Reason for the notification
a)
Position/status
President, Middle East, Turkey and South Asia
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 Transaction
Description of Instrument
Identification Code
Place of Transaction
Currency
16-JUN-2026
Ordinary shares of €3.50 each
ISIN: NL0015002MS2
Outside a trading venue
EUR
Nature of Transaction
Price
Volume
Total
Grant of Options
15.33
388,051
5,948,821.83
Aggregated
15.33
388,051
5,948,821.83
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name of natural person
Sandeep Desai
2
Reason for the notification
a)
Position/status
Chief Supply Chain and Operations 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 Transaction
Description of Instrument
Identification Code
Place of Transaction
Currency
16-JUN-2026
Ordinary shares of €3.50 each
ISIN: NL0015002MS2
Outside a trading venue
GBP
Nature of Transaction
Price
Volume
Total
Grant of Options
13.23
169,687
2,244,959.01
Aggregated
13.23
169,687
2,244,959.01
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name of natural person
Mark O’ Brien
2
Reason for the notification
a)
Position/status
Chief Technology 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 Transaction
Description of Instrument
Identification Code
Place of Transaction
Currency
16-JUN-2026
Ordinary shares of €3.50 each
ISIN: NL0015002MS2
Outside a trading venue
GBP
Nature of Transaction
Price
Volume
Total
Grant of Options
13.23
78,412
1,037,390.76
Aggregated
13.23
78,412
1,037,390.76
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name of natural person
Victoria McKenzie-Gould
2
Reason for the notification
a)
Position/status
Chief Corporate Affairs & Sustainability 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 Transaction
Description of Instrument
Identification Code
Place of Transaction
Currency
16-JUN-2026
Ordinary shares of €3.50 each
ISIN: NL0015002MS2
Outside a trading venue
EUR
Nature of Transaction
Price
Volume
Total
Grant of Options
15.33
48,212
739,089.96
Aggregated
15.33
48,212
739,089.96
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name of natural person
Vanessa Vilar
2
Reason for the notification
a)
Position/status
Chief Legal 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 Transaction
Description of Instrument
Identification Code
Place of Transaction
Currency
16-JUN-2026
Ordinary shares of €3.50 each
ISIN: NL0015002MS2
Outside a trading venue
EUR
Nature of Transaction
Price
Volume
Total
Grant of Options
15.33
201,563
3,089,960.79
Aggregated
15.33
201,563
3,089,960.79
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name of natural person
Tim 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
The Magnum Ice Cream Company N.V. (EURONEXT: MICC/ NYSE: MICC/ LSE: MICC) is the world's leading ice cream business. Home to four of the world's five largest ice cream brands: Magnum, Ben & Jerry's, Cornetto and the Heartbrand, our portfolio delights consumers in 80 markets around the world. Headquartered in Amsterdam, The Netherlands, we have a global team of 18,000 employees, a network of 32 factories, 13 R&D centres, and a fleet of three million freezer cabinets. For more information, visit www.corporate.magnumicecream.com. TMICC's legal entity identifier is 25490052LLF3XH6G9847.
