Lineage Expands New Zealand Cold-Storage Network with New Tauriko Facility

Tauranga – December 4, 2023 – Lineage (or the “Company”), one of the world’s leading temperature-controlled industrial REIT and integrated solutions providers, has officially opened a new next-generation cold-storage facility in Tauranga, New Zealand.

“We’re very proud to grow our network in New Zealand to meet the needs of our customers in this market,” Lineage President for Asia Pacific, Brooke Miller said.

“With over 3 million cubic feet of space, and more than 16,000 pallet positions, the Tauriko facility is a significant expansion of our operations In New Zealand.”

Lineage Regional Vice President for New Zealand, Guy Moniz, said the access to the Port of Tauranga was one of the many advantages of building the world-class facility, located at at 15 Anianiku Place, in Tauriko.

“With our new facility less than 20km from one of the country’s largest ports, we are well-positioned to continue delivering excellence in supply chain solutions and serve our customers in the region,” Mr. Moniz said.

“This strategic expansion further strengthens Lineage’s offering to our customers across the country, providing exporters with access to a leading global network.”

In line with Lineage’s commitment to sustainability, energy efficiency was a central consideration in the construction of the project. The warehouse is equipped with a rainwater harvesting system for refrigeration condensing, rapid doors on all chambers to minimize temperature fluctuations, and features an 890kW solar array for power generation.

Lineage in New Zealand now has 25 facilities across the country, stretching from Auckland to Dunedin.

About Lineage

Lineage is one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers with a global network of over 400 strategically located facilities, totaling more than 2.5 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling industry-leading expertise in end-to-end logistical solutions and innovative technology, Lineage partners with the world’s largest food and beverage companies to increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage has been named a CNBC Disruptor 50 Company for three consecutive years, twice named a US Best Managed Company, named the No. 1 Data Science company, and 23rd overall, on Fast Company’s list of The World’s Most Innovative Companies, and was included on Fortune’s Change the World list. (www.onelineage.com).

Media Contact
Scott McFarlane
+61 493 119 547
Scott.McFarlane@teneo.com

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Lineage Bolsters Presence in Europe with New Regional Headquarters Unveiling in Warsaw, Poland

Lineage strengthens its dedication to Central Eastern Europe by launching its new office in Warsaw after its acquisition of Pago

NOVEMBER 24, 2023

WARSAW, POLAND – 23 November 2023 – Lineage, one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers, today opened its new Central Eastern European Headquarters in Warsaw, Poland. The new office reinforces Lineage’s presence in the region, after the company’s acquisition and rebranding of Pago sp. z o.o. (“Pago”), a leading warehousing, distribution, and transport logistics provider in Poland, in 2020.

The opening of our Central Eastern European Headquarters move solidifies Lineage's focus on streamlining Europe's food supply chain, presenting customers with a comprehensive solution for transporting their products across Europe and beyond, significantly improving operational efficiencies. Leveraging cutting-edge cold chain solutions, and a strategically positioned network of facilities in pivotal European ports, such as Spain, Italy, and France, Lineage aims to optimize the movement of food products within the temperature-controlled supply chain.

“The opening of the new Warsaw office marks a significant commitment to Central Eastern Europe, and surrounding regions,” said Harld Peters, President of Lineage Europe. “The opening of the Warsaw office is the latest step in empowering us to elevate service standards and bolster capabilities in the temperature-controlled supply chain, serving customers across Europe."

"As Poland stands as the sixth largest food producer in the European Union, our network in this region will offer customers access to a developed market with cutting-edge technologies," Peters added.

"Our office in Warsaw reflects Poland's pivotal role as the gateway to Central Eastern Europe and a crucial market for produce movement in Europe,” highlighted Daniel Chudzik, Regional Vice President Operations, Central & Eastern Europe at Lineage. “It enables us to better address our customers' requirements and efficiently connect them to the global market."

Presently, Lineage operates a robust network of over 70 cold chain facilities in 11 countries in Europe, including six facilities in Poland.

About Lineage
Lineage is one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers with a global network of over 400 strategically located facilities, totaling more than 2.5 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling industry-leading expertise in end-to-end logistical solutions and innovative technology, Lineage partners with the world’s largest food and beverage companies to increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage has been named a CNBC Disruptor 50 Company for three consecutive years, twice named a US Best Managed Company, named the No. 1 Data Science company, and 23rd overall, on Fast Company’s list of The World’s Most Innovative Companies, and was included on Fortune’s Change the World list. (www.onelineage.com)

Media Contact:
Lineage
Nina Bosch
+31 6 81938713
nbosch@onelineage.com

MWW
Alizia Walker
+447916569156
lineage@mww.com                       

Lineage Expects to Strengthen its Canadian Network with Groundbreaking of an Expansion of Foothills Facility in Calgary

NOVEMBER 17, 2023

Highlights:

• Expansion is expected to add 30% more onsite capacity, including 1,500 pallets for blast freezing to reach a total of 75,000 pallets across the Alberta market once completed

• Facility is expected to serve as a center of excellence to serve customers with export needs to Asia and other markets around the world

• This expansion is expected to bring Lineage’s total capacity in the Canadian market to over 400,000 pallet positions and demonstrates a continued commitment to the Company’s greater North American network

Calgary, Canada –  Lineage (the “Company”), one of the leading temperature-controlled industrial REIT and integrated solutions providers worldwide, today announced the groundbreaking of an expansion of its Foothills facility in Calgary, Canada in an effort to meet the growing needs of Lineage’s customers in the market. The strategically located facility is expected to serve as a center of excellence for customers who aim to export meat and other products to Asia and other markets around the world.

Expected to add 30% more capacity, the expansion is expected to include 1,500 pallet positions for blast freezing, a critical feature for the export of products like protein. Additionally, the Foothills site is expected to feature expanded dock space, doors and close in proximity to Lineage's local transportation hub as well as intermodal rail facilities for efficient movement of containers to and from major Western ports.

“As we continue to expand our presence in Canada, the Calgary market serves as a critical location to meet the demand of existing customers and welcome new customers in need of export capability," said Ken MacLean, Regional VP in Canada. “As a leading logistics solutions provider, Lineage is excited to break ground on expanding the Foothills facility to better service the needs of the market once completed.”

Following the completion of the expansion, the Foothills facility is expected to span approximately 200,000 square feet, hold over 24,000 pallet positions, and serve as a center of excellence for export. This expansion is expected to bring Lineage’s total capacity in the Alberta market to over 75,000 pallet positions and shows our commitment to the region.

About Lineage
Lineage is one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers with a global network of over 400 strategically located facilities, totaling more than 2.5 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling industry-leading expertise in end-to-end logistical solutions and innovative technology, Lineage partners with the world’s largest food and beverage companies to increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage has been named a CNBC Disruptor 50 Company for three consecutive years, twice named a US Best Managed Company, named the No. 1 Data Science company, and 23rd overall, on Fast Company’s list of The World’s Most Innovative Companies, and was included on Fortune’s Change the World list. (www.onelineage.com)

Media Contacts:
Lineage Logistics
Christina Wiese
734-608-1855 
cwiese@lineagelogistics.com     

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Lineage Celebrates Grand Opening of Houston ColdPort Facility

New facility will strengthen Lineage's network in Texas, which now spans more than 189 million cubic feet of capacity across 19 locations

NOVEMBER 14, 2023

Houston– November 14, 2023 --  Lineage (the “Company”), one of the leading temperature-controlled industrial REIT and integrated solutions providers worldwide, today celebrated the grand opening of its newest facility in Houston, Texas. Houston ColdPort is strategically located near the Jacintoport Terminal at Port Houston, a leader for the Houston Ship Channel and an integral component of Houston’s international trade activity.

Spanning approximately  315,000 square feet, the new facility marks the sixth location in Lineage’s Greater Houston network and is designed to support many customer profiles and business needs, complementing the Company’s additional locations across Texas as well as its global network of more than 400 facilities. Houston ColdPort offers integrated and streamlined transportation and drayage operations within the market to support import, export and domestic demand.

“We are excited to strengthen our presence in Houston at such a pivotal time for the market,” said Brian Beattie, Lineage President of North American West. “The city has recently seen a surge in port demand amid congestion and other issues at the big ports on the West Coast. By adding ColdPort to our Houston network, Lineage’s customers have another option to help manage their costs and increase productivity. Additionally, they’ll have better access to our world-class global network.”

Lineage currently employs more than 1,200 team members across its 19 facilities in Texas, which have a combined capacity of more than 189 million cubic feet and approximately 532,000 pallet positions.

Leaders from Lineage, Boomerang Interests, ARCO Design/Build and the Houston Port Authority gathered this morning to celebrate the grand opening of the facility during a ribbon-cutting ceremony.

“Five years ago, we had a vision to become a leading developer of state-of-the-art cold storage assets,” said Andy Cyrus, Co-Founder and Managing Partner of Boomerang Interests. “The grand opening of Houston ColdPort marks the achievement of that goal. We’re thrilled to deliver Houston ColdPort to the Houston community, and extremely proud to partner with Lineage, the leading operator of temperature-controlled facilities.”

“This ribbon cutting is an exciting day for a whole team of contributors as we mark the completion of a vision that started in 2019 as a speculative cold storage facility and is now the home of Lineage in 2023,” said Eric M. Safko, CEO of ARCO Design/Build Houston. “Maintaining flexibility in the design and construction process was key to our success, allowing Lineage’s operations to work within it. The facility contains approximately 36,000 pallet positions, 192 QFR Zone pallet positions and is temperature-controlled by the EXPERT Refrigeration System. We appreciate the ARCO team—everyone from our designers and construction staff to our third-party vendors who turned the vision into a reality. I also want to extend a special thank you to Boomerang Interests and Lineage for allowing us to be part of this incredible project.”

The Houston ColdPort facility began operating in October 2023.
 

About Lineage
Lineage is one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers with a global network of over 400 strategically located facilities, totaling more than 2.5 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling industry-leading expertise in end-to-end logistical solutions and innovative technology, Lineage partners with the world’s largest food and beverage companies to increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage has been named a CNBC Disruptor 50 Company for three consecutive years, twice named a US Best Managed Company, named the No. 1 Data Science company, and 23rd overall, on Fast Company’s list of The World’s Most Innovative Companies, and was included on Fortune’s Change the World list. (onelineage.com)

Media Contacts:
Lineage
Christina Wiese
734-608-1855
cwiese@onelineage.com

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Lineage Celebrates Grand Opening Next Generation Automated Cold Storage Facility

New facility will serve as a strategic distribution hub for JBS and expands Lineage’s network of automated facilities worldwide

OCTOBER 11, 2023

Windsor, CO – October 11, 2023 –  Lineage, one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers, today celebrated the grand opening of its newest facility in Windsor, Colorado. Built for long-time customer JBS USA, a leading global food company, Lineage developed the facility to support the distribution of products to JBS customers.

The next-generation, fully automated facility in Windsor expands Lineage’s network of strategically located automated facilities worldwide. Lineage’s automated warehousing solutions combine cutting-edge technology, applied sciences and innovative thinking to create greater efficiency, improve the quality of food products while in storage, and reduce energy consumption and food waste – efforts that will also contribute to cost efficiencies for JBS over time.

“For the past year, we’ve worked closely with JBS and the great Town of Windsor to construct a state-of-the-art facility that helps strengthen JBS’s supply chain to get food on consumers’ tables, and we could not be prouder of the outcome,” said Greg Lehmkuhl, President and Chief Executive Officer at Lineage.

The new warehouse is designed to help lower energy consumption and reduce food waste by storing product in a denser, more energy efficient cube and automating decision-making to optimize loading, unloading and storage tasks. The automated cold-storage is outfitted with proprietary warehouse management systems, computer vision systems, algorithms, visibility platforms and machine learning capabilities that will support JBS as the company further optimizes its supply chain.

“We are excited to celebrate this milestone in partnership with Lineage and the Town of Windsor,” said Wesley Batista Filho, CEO at JBS USA. “This facility allows us to provide high-quality food products to our customers in an increasingly efficient way using the latest technology.”

Lineage and JBS broke ground on the facility in April 2022 in partnership with the Town of Windsor and Upstate Colorado Economic Development. The completed facility spans approximately 200,000 square feet and includes more than 20,000 pallet positions. The project resulted in a more than $100 million investment that yielded the creation of approximately 70 new jobs.

About Lineage
Lineage is one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers with a global network of over 400 strategically located facilities, totaling more than 2.5 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling industry-leading expertise in end-to-end logistical solutions and innovative technology, Lineage partners with the world’s largest food and beverage companies to increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage has been named a CNBC Disruptor 50 Company for three consecutive years, twice named a US Best Managed Company, named the No. 1 Data Science company, and 23rd overall, on Fast Company’s list of The World’s Most Innovative Companies, and was included on Fortune’s Change the World list. (www.onelineage.com)

About JBS USA
JBS USA is a leading global food company providing diversified, high-quality products to customers in approximately 100 countries on six continents. This includes meat and poultry products, a portfolio of recognized brands and innovative premium foods. JBS USA is also a majority shareholder of Pilgrim’s, the largest poultry producer in the world. Visit jbsfoodsgroup.com to learn more.

Media Contacts:
Lineage
Christina Wiese
734-608-1855
cWiese@onelineage.com

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Lineage Expands Facility Footprint in Dallas, Texas

Company’s new location in Lancaster will help meet increasing customer demand for capacity and enhance Lineage's expansive network in Texas

OCTOBER 05, 2023

Dallas – October 5, 2023 --  Lineage, one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers worldwide, today announced the opening of its newest facility in Lancaster, Texas. The addition of the Lancaster location in Dallas County highlights Lineage's footprint in Texas, which now totals nearly 20 facilities spanning approximately 192 million cubic feet of capacity.

The 343,250-square-foot site at 4150 N. Dallas Avenue will address a range of customer needs and demands with more than 25,000 pallet positions and a user-friendly rack configuration that is designed to handle high SKU counts and intensive case-picking. Once fully operational, the new site will create more than 65 new jobs to support operations.

“We're proud to announce the opening of our Lancaster site, an exciting new addition to our state-of-the-art network of facilities in the state of Texas,” said Brian Beattie, President of Lineage’s North America West operations. “Texas, more specifically Dallas, is a critical connecting point in the supply chain, and we’re thrilled to bring more innovative thinking and dynamic technology to this community to help optimize distribution, drive efficiencies, and minimize waste across our customers’ businesses.”

Lineage’s Lancaster location offers cross-docking, order management, case picking, EDI, redistribution, freight consolidation, managed transportation, trans-loading, drop trailers, and an on-site generator.

The addition of the Lancaster facility strengthens Lineage’s expansive network in Texas, which currently includes 18 sites in key cities like Dallas, El Paso, Fort Worth, Houston, McAllen and San Antonio. Lineage’s location in Sunnyvale, which was announced in 2018, is one of the most innovative facilities in the Company’s network and features patented automation and blast-freezing technologies to meet the needs of retail distributors.

About Lineage

Lineage is one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers with a global network of over 400 strategically located facilities, totaling more than 2.5 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling industry-leading expertise in end-to-end logistical solutions and innovative technology, Lineage partners with the world’s largest food and beverage companies to increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage has been named a CNBC Disruptor 50 Company for three consecutive years, twice named a US Best Managed Company, named the No. 1 Data Science company, and 23rd overall, on Fast Company’s list of The World’s Most Innovative Companies, and was included on Fortune’s Change the World list. (www.onelineage.com)

Media Contacts:
Lineage
Christina Wiese
734-608-1855
cWiese@onelineage.com

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Lineage Acquires Warehousing and e-Commerce Assets of Burris Logistics

Acquisition of eight facilities strengthens Lineage’s network across the Eastern and Midwestern United States, providing customers with greater access to end-to-end cold storage solutions

Combination enhances Lineage’s existing e-commerce and direct-to-consumer fulfillment business that serves more than 100 customers

OCTOBER 03, 2023

Novi, Mich. – October 3, 2023 -- Lineage (or the "Company"), one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers, today announced the acquisition of eight facilities from Burris Logistics (“Burris”), a leading temperature-controlled food distribution company. Financial terms of the transaction were not disclosed.

The addition of these eight cold storage facilities to Lineage’s warehousing network will provide nearly 1.3 million square feet of capacity and approximately 115,000 pallet positions across facilities in Lakeland, Florida; Jacksonville, Florida; McDonough, Georgia; Edmond, Oklahoma; New Castle, Delaware; Waukesha, Wisconsin; and Federalsburg, Maryland.

The transaction represents Lineage’s third proprietary deal with Burris. Lineage acquired both its Lyndhurst, Virginia and Haines City, Florida locations from Burris in 2020 and 2021, respectively.

“This deal represents the trust we have built and the track record we have delivered across our longstanding relationship with Burris, which is demonstrative of Lineage being the industry’s acquiror of choice,” said Greg Lehmkuhl, President and CEO of Lineage. “As with our previous acquisitions from Burris, these complementary locations and their supremely dedicated team members will further fuel Lineage’s fierce customer-driven approach and serve our vision to become the world’s most dynamic temperature-controlled logistics company.”

A nearly-century old, family-owned business, Burris has developed deep relationships with some of the nation’s leading retailers and foodservice companies. The acquired facilities are strategically located in the Eastern and Midwestern United States, near major highways and transportation hubs, and will serve densely populated markets to help Lineage’s direct-to-consumer fulfillment operation reach all 50 states.

Lineage’s team has over 14 years of e-commerce and direct-to-consumer fulfillment experience, managing the end-to-end experience for more than 100 customers across eight existing locations. The acquisition of these facilities will bolster Lineage’s comprehensive direct-to-consumer solution that harnesses Lineage’s leading cold storage network.

Burris’s remaining portfolio will primarily consist of Honor Foods, its foodservice redistribution company, and Trinity Logistics, its freight solutions provider.
 

About Lineage

Lineage is one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers with a global network of over 400 strategically located facilities, totaling more than 2.5 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling industry-leading expertise in end-to-end logistical solutions and innovative technology, Lineage partners with the world’s largest food and beverage companies to increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage has been named a CNBC Disruptor 50 Company for three consecutive years, twice named a US Best Managed Company, named the No. 1 Data Science company, and 23rd overall, on Fast Company’s list of The World’s Most Innovative Companies, and was included on Fortune’s Change the World list. (www.onelineage.com)

Media Contacts:
Lineage
Christina Wiese
734-608-1855
cWiese@onelineage.com

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Lineage announces joint venture with Vietnam's SK Logistics, expanding its network in Southeast Asia

PRESS // ACQUISITIONS

NOVI, Mich. and HANOI, Vietnam – 11 August 2023 – Lineage Logistics (“Lineage” or the “Company”), one of the world’s leading temperature-controlled industrial REIT and integrated solutions providers, today announced it has partially closed a joint venture (JV) arrangement with Hanoi-based cold-storage warehouse operator SK Logistics. Financial terms of the transaction were not disclosed.

“Partnering with SK Logistics is a remarkable opportunity for us to continue delivering world class cold storage solutions in the Asia Pacific region alongside a proud and thriving family business.” Brooke Miller, President Asia Pacific at Lineage, said.

“These facilities serve a wide range of customers, including supermarket chains that provide food for families across the region. We are excited to keep growing these valuable relationships together with SK Logistics as we continue in our mission to feed the world.”

Ms. Miller said expanding Lineage’s footprint in Asia Pacific through Vietnam as a significant economic contributor in the region continues to be a long-term strategic goal for the Company.

“Vietnam is an important market for Lineage, and partnering with a reliable and proven operator like SK Logistics helps us to continue delivering excellence in supply chain solutions in the region.”

SK Logistics’ two cold storage warehouses, totaling almost 400,000 square feet, represent a strong increase in capacity in the north of Vietnam for Lineage. These facilities offer storage, distribution, stamping, weighing, classification, packing, and picking services for important customers in the region.

Lineage in Vietnam now has integrated assets and supply chain solutions in both the northern and southern ends of the country, with facilities in both Hanoi and Ho Chi Minh City.
 

About Lineage
Lineage is one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers with a global network of over 400 strategically located facilities, totalling nearly 2 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling industry-leading expertise in end-to-end logistical solutions and innovative technology, Lineage partners with the world’s largest food and beverage companies to increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage has been named a CNBC Disruptor 50 Company for three consecutive years, twice named a US Best Managed Company, named the No. 1 Data Science company, and 23rd overall, on Fast Company’s list of The World’s Most Innovative Companies, and was included on Fortune’s Change the World list. (www.lineagelogistics.com)

Media Contact:
Scott McFarlane
+61 493 119 547
Scott.McFarlane@teneo.com

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Lineage Showcases Commitment to Environmental Stewardship and Corporate Citizenship in Inaugural Sustainability Report

Novi, MI – July 25, 2023 – Lineage Logistics ("Lineage" or “the Company”), one of the leading temperature-controlled industrial REITs and integrated solutions providers worldwide, today released its inaugural Sustainability Report, detailing its ambitious efforts toward building a more sustainable, inclusive and ethical future.

The theme for the 2022 Lineage Sustainability report is “Built for This” – meaning Lineage has not only built a cleaner, more efficient cold chain, but is also built for resilience to navigate future challenges facing the industry and world.

“We are thrilled to launch our first Sustainability Report, which not only demonstrates our efforts to bring the cold chain and industry forward on matters related to climate, inclusion and governance, but also proves our commitment to hold ourselves accountable as we articulate our long-term goals and plot the next era of our company’s history,” said Greg Lehmkuhl, President and CEO of Lineage. “As evidenced in the report, Lineage has a proven track-record of building a culture of innovation, purpose and excellence. Looking back on this collective success, we’re eager to maintain our momentum to tackle challenges ahead for our business, our communities and our planet."

Lineage has worked to strategically integrate its purpose to transform the global food supply chain to eliminate food waste by stewarding the environment, championing diversity, equity and inclusion (DE&I), and driving industry-leading innovation in the cold chain.

Notable achievements and priorities in the 2022 Report include:

• Signed The Climate Pledge alongside more than 200 companies, pledging to achieve net zero carbon emissions by 2040 – 10 years ahead of the Paris Agreement.

• Established approximately 108 MW of solar generating capacity on-site at its U.S. facilities as of Q4 2022, making it the fifth largest corporate user of installed, onsite solar capacity in the U.S., according to the 2022 Solar Means Business Report published by the Solar Energy Industry Association.

• Created a Diversity, Equity and Inclusion roadmap to promote an inclusive workplace where every team member can thrive.

• Launched five new Employee Resource Groups (ERGs) to join the existing Women in Lineage Logistics (WILL) group which was founded in 2019. Each ERG has its own continuous improvement roadmap, strategic goals and a dedicated executive sponsor to provide added support and visibility for the group’s priorities and initiatives.

• Bolstered its workforce by recruiting competitive talent and prioritizing the professional development of team members.

• Facilitated donations of over 2.7 million pounds of food products from customers, issued almost $3 million in grants, and recorded over 5,000 volunteer hours via the Lineage Foundation for Good during its first year as a public charity.

• Launched the Lineage Hardship Fund to assist team members impacted by hardships through microgrants from the Lineage Foundation for Good.  In 2022, the Lineage Hardship Fund provided over $622K to help 152 Lineage team members and their families get back on their feet.

• Enhanced Lineage’s organizational governance by investing in additional talent to lead corporate compliance and cybersecurity as well as adding strong, independent directors to its Board.

To view the full report, please visit: https://www.lineagelogistics.com/about-us/social-impact.

About Lineage
Lineage is one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers with an unrivaled global network of over 400 strategically located facilities, totaling nearly 2 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling industry-leading expertise in end-to-end logistical solutions and innovative technology, Lineage partners with the world’s largest food and beverage companies to increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage has been named a CNBC Disruptor 50 Company for three consecutive years, twice named a US Best Managed Company, named the No. 1 Data Science company, and 23rd overall, on Fast Company’s list of The World’s Most Innovative Companies, and was included on Fortune’s Change the World list. (www.lineagelogistics.com)

Media Contacts:
Lineage
Christina Wiese
734-608-1855
cwiese@lineagelogistics.com

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Lineage Logistics Announces Appointment of New Chief Financial Officer

May 4, 2023 - Novi, MI.  –  Lineage Logistics (“Lineage” or the “Company”), one of the leading temperature-controlled industrial REIT and logistics solutions providers worldwide, today announced the appointment of Rob Crisci as Chief Financial Officer (“CFO”). Crisci brings more than 25 years of financial leadership experience in the industrial and technology sectors. He will report directly to Lineage’s President & Chief Executive Officer (“CEO”), Greg Lehmkuhl.

Crisci joins Lineage from Roper Technologies (NYSE: ROP), a constituent of the S&P 500 and Fortune 500 that operates 27 independent businesses across multiple end markets, where he most recently served as the company’s Executive Vice President and Chief Financial Officer. In that role, he oversaw the multi-billion-dollar business’s global financial operation and played a central role in its transformation from a cyclical industrial company to one focused primarily on software, helping to increase recurring revenue, operating margins and organic growth. As a deeply experienced M&A professional, he successfully deployed over $20 billion in capital and led key acquisitions for Roper as it underwent its portfolio transformation. Prior to serving as CFO, he spent four years as Vice President of Finance and Investor Relations, enhancing the company’s relationships with banks, institutional investors, governance advisors and other key financial stakeholders. During Rob’s tenure, Roper’s market capitalization grew from $12 billion to over $45 billion.

Prior to Roper, Rob worked in investment banking at VRA Partners and Morgan Keegan, as a buy-side advisor at Devon Value Advisers and as a Capital Markets Consultant at Deloitte & Touche.

Crisci’s experience leading highly-engaged teams and long history of delivering strong financial performance has been recognized by Institutional Investor, who named him to its All-American Executive team in 2019 for the Multi-Industry CFO category.

“On behalf of Lineage’s management team and Board of Directors, we could not be more excited to have Rob join us as our CFO," said Lehmkuhl. "Rob is a proven public company financial leader who brings extensive operational and strategic expertise and a deep knowledge of the industrials and technology sectors. He will be an invaluable addition to the Lineage leadership team as we continue into our next phase of growth and expansion."

“I am thoroughly impressed with the incredible global growth Lineage has achieved over the past 10 years and look forward to leading its world-class finance team at such a pivotal point in the company’s history,” said Crisci. “I am excited for the opportunity to partner with Greg, the executive team, and the Board to further advance Lineage’s position as the world's leading and most innovative temperature-controlled logistics company.”

About Lineage Logistics
Lineage Logistics is one of the leading temperature-controlled industrial REIT and logistics solutions providers worldwide. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 20 countries across North America, Europe, and Asia-Pacific. Lineage has industry-leading expertise in end-to-end logistical solutions, an unrivaled real estate network, and develops and deploys innovative technology. This helps increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, helps feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 3 in the 2022 CNBC Disruptor 50 list, named a Deloitte US Best Managed Company in 2022, the No. 1 Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change the World list in 2020. (www.lineagelogistics.com)

Media Contacts:
Lineage Logistics
Christina Wiese
734-608-1855
cwiese@lineagelogistics.com

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