Utz Brands, Inc. Increases Quarterly Cash Dividend

Utz Brands, Inc. (NYSE: UTZ) (โ€œUtzโ€ or the โ€œCompanyโ€), a leading U.S. manufacturer of branded Salty Snacks and a small-cap growth and value Staples equity, today announced that its Board of Directors has approved an annual dividend increase from $0.244 to $0.252 per share. The increase is effective as of today, and the Utz Board of Directors has declared a regular quarterly cash dividend of approximately $0.063 per share on the Companyโ€™s Class A Common Stock. Payment is expected to be made by the Company on January 2, 2026, to stockholders of record at the close of business on December 15, 2025.

The cash dividend will be funded by cash distributions made by Utz Brands Holdings, LLC (โ€œUtz Brands Holdingsโ€) to Utz and the other holders of Utz Brands Holdingsโ€™ common units on a pro-rata basis.

Future declarations of quarterly or other dividends are subject to the determination and discretion of Utzโ€™s Board of Directors based on its consideration of various factors, including the Companyโ€™s results of operations, financial condition and other factors that the Board may deem relevant.

About Utz Brands, Inc.

Utz Brands, Inc. (NYSE: UTZ) manufactures a diverse portfolio of savory snacks through popular brands, including Utzยฎ, On The Borderยฎ Chips & Dips, Zappโ€™sยฎ, and Boulder Canyonยฎ, among others. After a century with a strong family heritage, Utz continues to have a passion for exciting and delighting consumers with delicious snack foods made from top-quality ingredients. Utz's products are distributed nationally through grocery, mass merchandisers, club, convenience, drug, and other channels. Based in Hanover, Pennsylvania, Utz operates multiple manufacturing facilities across the U.S. to serve its growing customer base. For more information, visit www.utzsnacks.com or call 1โ€800โ€FORโ€SNAX.

Forward-Looking Statements

Certain statements made herein are not historical facts but are โ€œforward-looking statementsโ€ within the meaning of the โ€œsafe harborโ€ provisions of the Private Securities Litigation Reform Act of 1995, as amended. The forward-looking statements generally are accompanied by or include, without limitation, statements such as โ€œwillโ€, โ€œexpectโ€, โ€œintendsโ€, โ€œgoalโ€ or other similar words, phrases or expressions. These statements are based on the current expectations of the Companyโ€™s management and are not predictions of actual performance. These statements are subject to a number of risks and uncertainties and the Companyโ€™s business and actual results may differ materially.

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