Local Bounti exhibited strong operational momentum in Q3 2025, achieving 19% year-over-year revenue growth while enhancing efficiency and productivity across its facilities.

• Completed upgrades at Texas and Georgia facilities, doubling output capacity and improving labor productivity by approximately 19%.
• Anticipated yield increases of over 10% from recent tower upgrades and advanced computer vision technologies to optimize growing processes.
• Successfully executed nearly $8 million in annualized cost reductions across COGS and operating expenses, with additional initiatives expected in Q4 2025.
• Ongoing strategic discussions with major retailers have transitioned from exploratory to active partnerships, signaling a market validation of controlled environment agriculture.
• Walmart expansion in the Pacific Northwest showcases Local Bounti's commitment to innovation and regional supply chain efficiency.