September-October 2025

This issue of Almond Facts captures a year of change and forward momentum for Blue Diamond Growers. In the President’s Corner, Kai Bockmann reviews the 2024 crop return and outlines how the Co-op is navigating shifting markets, weather challenges, and operational updates to drive stronger growth in 2026. Chairman Steve Van Duyn reflects on the cooperative spirit and innovation guiding members through evolving global markets. Harvest and Beyond offers timely reminders for growers to review records, plan with PCAs/CCAs, and prepare for the 2026 season. A new feature, Field Notes with Mel Machado, delivers insights and orchard updates from Blue Diamond’s Chief Agricultural Officer.

SEP-OCT 2025

NEWS, VIEWS, AND INDUSTRY INSIGHT

As harvest progresses, so does the next season of Blue Diamond

Resilient Roots, Bold Future with Steve Van Duyn

An Update from Almond Alliance

Field Notes with Mel Machado

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ALMOND FACTS

SEP–OCT 2025

Contents

10 FIELD TEAM 12 MARKET REPORT 16 NEWS IN A NUTSHELL 24 CORNERING THE MARKET 26 MEMBERSHIP BASICS 28 GROWING THE GOODNESS 30 ADVOCACY REPORT 32 FIELD NOTES WITH MEL MACHADO 36 IN YOUR ORCHARD

Although summer shipments were down, we expect a fall rebound (Pg. 12)

Features 6 President’s Corner

26 Harvest and Beyond As harvest progresses, now is the time to review delivery records, confirm acreage, and address orchard changes. Meeting with your PCA/CCA and analyzing grade results ensures stronger pest management and planning for 2026. 32 Field Notes with Mel Machado This new Almond Facts section features insights, market updates and orchard news from Blue Diamond ’s chief agricultural officer, Mel Machado.

In this President's Corner, along with 2024 crop return overview, Kai discusses how the Co-op is navigating a transformative year marked by shifting markets, weather impacts, and operational changes. With streamlined production, refreshed branding, and new product innovations, Blue Diamond is positioned for stronger growth and improved returns in 2026. 8 From Your Chairman Blue Diamond Chairman, Steve Van Duyn reflects on challenges, camaraderie, and the cooperative spirit driving farmers forward. From weathering economic shifts to breaking into new markets, learn how innovation, leadership, and unity are shaping Blue Diamond ’s future.

ON THE COVER: Harvest is in full swing in the Blue Diamond orchards.

SEPTEMBER–OCTOBER 2025

Kai Bockmann, President and CEO

ALMOND FACTS STAFF Blue Diamond Growers Communications Department, communications@bdgrowers.com Jillian Luna, Managing Editor Mel Machado, Contributing Photographer

Gray Allen, Advertising Sales 916.783.4334 & 916.765.3234

Blue Diamond , the world’s largest processor and marketer of almonds, exports to over 100 countries. Almond Facts, established in 1922, is published bimonthly by Blue Diamond Growers , 1802 C Street, Sacramento, California 95811. Address all correspondence to the Editor, Almond Facts, P.O. Box 1768, Sacramento, California 95812. Advertising subscription rates provided upon request. Blue Diamond is a registered trademark and marketing brand of Blue Diamond Growers . Other registered trademarks are The Almond People, Smokehouse, Golden State, Celebration, From the Valleys of California, Confetti and Almond Facts. Blue Diamond Growers does not endorse or verify statements made by advertisers within this publication. Blue Diamond reserves the right to refuse advertising. All rights reserved. Reproduction in whole or in part without written permission is prohibited.

bit.ly/almondfacts

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ALMOND FACTS

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SEPTEMBER–OCTOBER 2025

PRESIDENT’S CORNER

Harvest season is upon us, and we can always count on the transition from summer to fall to keep us on our toes. This harvest has brought us a mix of weather conditions with hot days, cooler mornings, and a few surprise rainstorms. Mel tells me that growers hit hardest by the rain have been dealing with harvest delays as they work to dry out almonds sitting in the orchards. As many of you will have read in my letter outlining our crop return data, this has been a tough but transformational year for Blue Diamond . On a global and national scale, we have seen it all- from market disruptions, tariffs, inflation and decreased consumer spending across almost every industry. For almonds, specifically, the non-dairy and snack nut categories continue to trend downwards. Despite all this, Blue Diamond continues to gain a greater share of each category. In Sacramento, we are winding down plant operations and have said goodbye to the first group of departing team members. Transitioning our operations to our Turlock and Salida plants, along with our co-manufacturing partners, is already well underway. We are starting to see initial returns taking shape, but the long-term impact of more focused, streamlined operations will be even greater in the years to come. This transition is critical to building a stronger foundation that not only supports our operational efficiency but drives our brand forward. If you’ve caught a glimpse of the Blue Diamond brand logo refresh, you know it’s hard to miss! You can expect to see our updated logo and vibrant packaging ready to capture attention starting this fall. At the same time, we’re building a stronger fanbase through flavor expansions and limited editions, featuring fan-favorite brands that resonate with our audiences. We broke new ground in the snack aisle with the launch of Almonds & More, our first venture into the mixed nuts category. It’s no secret that we know flavor, and retailers quickly took notice, confirming there’s an appetite for premium and protein-packed flavor options. Our produce debut has also generated real progress, demonstrated by strong retailer acceptance and sales performance. With millennials now holding up to 28% of spending power in the U.S., we’re focused on delivering new products that will captivate and build brand loyalty among new consumers. As we keep momentum going on the customer front, we’re also staying focused on the numbers that matter. The chart on the next page shows the final return for the 2024 crop. While the final return is considerably greater than that paid in the previous year, I must admit that I am not satisfied with our performance, and we are working hard to achieve a more competitive return next year. I will provide more details of the actions we are taking to return us to our industry-leading position at the upcoming Annual Grower Meeting in Modesto on November 19.

Kai Bockmann President & CEO

ALMOND FACTS

Final Return for the 2024 Crop

Overall Average

Average of High Quality

Maximum Possible

Variety

$2.38

$2.42

$2.45

Nonpareil & Sonora Inshell

$2.34

$2.39

$2.44

Nonpareil /Supareil

$2.30

$2.37

$2.40

Sonora

$2.12

$2.16

$2.19

Independence Inshell

$2.10

$2.15

$2.18

Independence

$2.12

$2.17

$2.20

Carmel & Winters

$2.12

$2.16

$2.20

Monterey /Neplus

$2.07

$2.11

$2.14

California /Price /Fritz /Wood Colony

$2.14

$2.17

$2.20

Butte & Padre

$1.95

$1.97

$1.99

Mission

$1.73

$1.78

Mixed

Note: The above rates do not include Volume Premiums, OSIP Sustainability Incentives, Domestic Production Activities Deduction (DPAD) or IC-DISC advantages.

The rates displayed on the chart do not include Volume Premiums, Sustainability Incentives, Domestic Production Activities Deduction (DPAD) or IC-DISC advantages. Your actual crop earnings, including those applicable premium additions, are shown in the box on the last page of your personal grower’s statement. 2025 pushed our boundaries, and now we’re driving for greater growth as we head into 2026. Our brand is evolving, our products continue to scale and expand, and our team is more determined than ever. We are intentionally investing in Blue Diamond now and focusing on what matters the most to build a stronger tomorrow. Our priority is always to maximize the return you earn as growers and to secure the future of the cooperative. Steve and I look forward to seeing you at the Annual Grower Meeting, and I am eager to share more with you about our plans for 2026. The momentum we have built has set the stage for our growth and is fully driving us into the year ahead. Thank you for being part of the journey!

Kai Bockmann President & CEO

SEPTEMBER–OCTOBER 2025

FROM YOUR CHAIRMAN

My Fellow Blue Diamond Member-Growers, As I think back on the two years I’ve spent as your board chairman, I can’t help but feel incredibly proud of all we’ve accomplished during some of the most challenging times we’ve faced in the almond industry. From extreme weather situations impacting our trees to economic and geopolitical difficulties, we are still standing strong and advancing into new territory together. We’ve all learned to do more with fewer resources and it’s that very innovative spirit that keeps

us grounded through uncertain times. This is your cooperative and it has always been rooted in family, and we care for each other. We are committed to supporting you and keeping the Blue Diamond cooperative blazing the trail for another 115 years. When my father, Neil Van Duyn and the rest of the Blue Diamond board served back in the late 90s, going into the new millennium the Cooperative was facing similar challenges to what we’re facing now, including water scarcity and almond pricing below farming costs. What’s encouraging is that, back then, we walked through those tough times and into better ones, and I am certain that will be the case for us now. What keeps us strong is each other and I feel deep pride in the camaraderie we share. As farmers, we are tough, and we will get through this as we always do. What’s more, the challenges back in that time were temporary, just as the ones we face now. So, as we move forward through difficulty, remember that hard times don’t last forever. Though we may be pressed, we will not be overcome. The key to navigating through a difficult season is having the right people in the right seats. I am honored to work alongside Kai and our leadership team as they continue to unfold the strategic plan, which has already yielded favorable results. Kai brings a fresh perspective and a different set of experiences that are vital for success in this next season of our co-op.

The strategic plan is working; our efforts have allowed us to break into new markets and earn the business of new customers. And I am witnessing our excellent leaders work tirelessly to elevate Blue Diamond ’s stance as a major player in an increasingly competitive market. I also know we’re all excited to welcome our new CFO, Fred Steunou, whose diverse experience is certain to bolster Blue Diamond ’s financial future. Our board of directors is a healthy mix of new and seasoned members who each bring balance and a host of innovative ideas to the table. It’s an honor to serve as the chair of such a devoted group of individuals who represent each of you. I know that the announcement of the Sacramento manufacturing plant closure has brought a mix of emotions. While it was a difficult decision to make, we believe it was the right one, and one with our growers’ best interest in mind. This decision was made in alignment with our strategic plan and is intended to contribute to the long-term strength of our Blue Diamond cooperative. Our Salida and Turlock facilities are much better equipped to handle your almonds, and the team is offering a vast array of support for effected employees, including help in securing new positions within and outside of Blue Diamond .

Stephen Van Duyn Chairman of the Board

ALMOND FACTS

As harvest continues, I know we’re all anxious to learn the outcome of this year’s crop. It has certainly been on everyone’s minds. I look forward to a turn in the economy and for us all to enjoy good times once again. I also look forward to seeing all of you at our annual meeting in Modesto on November 19. It will be a pleasure to catch up with you and share even more updates on what Blue Diamond is doing to maximize your return.

Stephen Van Duyn Chairman of the Board

SEPTEMBER–OCTOBER 2025

FIELD TEAM

Regional Managers

Sr. Vice President, Global Supply Chain Steve Schult (916) 446-8383

Tehama, Butte, Glenn, Sutter, & Yuba Christine Ivory, (530) 518-9109 Colusa, Yolo & Solano Nicole Jansen, (530) 338-6440 Sacramento County, San Joaquin County, North of Hwy 205 & East of San Joaquin River KC Clendenin, (209) 596-5375 San Joaquin County, West of San Joaquin River & South of Hwy 205 Stanislaus County, North of Tuolumne River & Hwy 132 Justin Elam, (209) 303-7306 Stanislaus County, East of Hwy 99, South of Tuolumne River Austin Jackson, (209) 417-2010 Stanislaus County, West of Hwy 99, South of Tuolumne River, South of Grayson & Howard Road’s West of San Joaquin River Merced County, North of Merced River & Hills Ferry & Stuhr Roads Trent Voss, (209) 470-5981 Merced County, South of Merced River & Hills Ferry Merced County, South of Hwy 140 Madera County, North of Avenue 12, Firebaugh Blvd, Avenue 7½, & W. Nees Avenue Carla Youngblood, (559) 240-0906 Madera County, South of Avenue 12, Firebaugh Blvd, Avenue 7½ & W. Nees Avenue, Fresno County, North of Hwy 201/Avenue 400, North of Conejo Avenue & Kamm Avenue, West of Derrick Avenue Ashley Correia, (559) 356-1584 Fresno County, South of Hwy 201/Avenue 400, South of Conejo Avenue & Kamm Avenue, East of Derrick Avenue, Tulare County, Kings County, & Kern County Anthony Scudder, (559) 470-9731 Membership Office Jennifer Claussen Supervisor – Member Relations Administration (209) 545-6225 Daniel Dekeyrel Member Relations Coordinator (Delivery Tags) (209) 545-6261 & Stuhr Roads, North of Hwy 140 Kenny Miyamoto, (209) 323-8454

Chief Agricultural Officer Mel Machado (209) 545-6222 – Salida (209) 531-6352 – Cellular

ALMOND FACTS

2025 Grower Liaison Committee Members

LEGEND

DISTRICT 1

DISTRICT 2

Kelli Evans Dan Cummings Kevin Davies Timothy Perraie John Nock Meredith Christopher P. Samantha Lewis Larry Bradley Luke Konyn

John Monroe Elaine Rominger Gerald Rominger Carole M. Cain Catherine Cain Josh Pippit Catherine Marsh Michael Samra Jacob Amsler Dustin Timothy Sid LaGrande Jonnalee Dunn Josh Campbell Ryan Finnen Ashley Dowden Jake Amsler

Chair Vice-Chair Ex-Officio Director Appointed (Member-at-Large)

Tom Knowles Steve Carlos

Michael Montz Brian Erickson Ray Antonowich

DISTRICT 3 Dale Van Groningen John Thoming Bruce Oosterkamp Donald Drake Durk Van Laar Tim Mohler Jeff Stuit Jack Dalton Clayton Bogetti Don Freitas Andrew Kamper John Almeida Jordan Van Vliet Jason Van Groningen

DISTRICT 4

George te Velde Kevin Fondse Kenneth Roos Matt Visser Lance Ioppini Wesley Eisenga Spencer Franceschetti Martin Adrian Lukas Doornenbal Ed Tilma John deVisser Scott Sand Wayne Bruns Joe Martin Rick Van Vliet

For Grower Liaison contact information, please contact your regional manager.

DISTRICT 5

DISTRICT 6

DISTRICT 8

DISTRICT 9

DISTRICT 7

Stephen Van Duyn Neil Van Duyn Harry (Sonny) Johns Matt Fredriks Danielle Higby LeBeouf Tim Baker James Kinzie

Nick Blom Charles Crivelli III Steve Vilas Dirk Van Konyenburg

Matt Efird George Goshgarian Colin Unruh Daniel Babshoff Melvin Lubisich Nayiri Saghdejian John Locker Andrew Cunha Ryan Metzler Michael Keith Smith

Kent Stenderup Clinton Shick Shaminder S. Brar Gerard A. Loaiza Chris Couture Pete Romanini Ankit Behl Sam Ghilarducci Garrett Gilcrease John Allen Doug Kindig Brian Medeiros Karmjeet Jhandi Keith Gilbert

Dan Mendenhall Robert J. Weimer Dan Clendenin Rodney L. Voumard Michael Temnyk Rodney E. Ratzlaff Jr.

Justin Romero Derek Coelho Robert Mailloux Steve Scheuber Allen Peterson Jeff Lee Matt Romero John Hack Stan Chance Trevor Cordova Don Clark

Steve Moeller John Pereira Bryan Jacobs Rick Scoto Dante Migliazzo Paul Atwal Minda Nespoli Jed Kruppa

Gordon Heinrich Chris Vanderstoel Jon Beck Jonathan Flora Bob Kulina Cody Vella Naomi Layland

Ranvir Tung Kam Bopari

Mitch Bagdasarian Mike Mohammadi

1 1

SEPTEMBER–OCTOBER 2025

MARKET REPORT

ALMOND MARKET UPDATE

Blue Diamond Almond Market Update — September 15, 2025

OVERVIEW The California Almond industry opened the 2025 crop year with August shipments totaling 158 million pounds, down 6.2% year over year. Exports saw a modest increase reaching 109 million pounds, a 2.9% rise compared to last August, while domestic shipments started the year with a double-digit decline. Overall, shipments fell short of industry expectations with tight inventories at the end of the 2024 crop. With new crop inventories now available, we anticipate September shipments to rebound.

SHIPMENTS India:

August almond shipments to India totaled 16.4 million pounds, marking a 41% decline year over year. This softer start to the 2025 crop year was anticipated, following the exceptionally strong July shipments and a slightly delayed harvest. Despite the dip in August, India remains largely uncovered for September, positioning the market for a meaningful rebound in the upcoming shipment report. As we move past the initial phase of the crop year, attention will turn to covering any remaining Diwali demand through local supply, while post-Diwali needs are expected to drive renewed

interest in California almonds. China/Hong Kong/Vietnam:

Shipments to the region totaled over 4 million pounds, marking a 27% decrease compared to the same month last year. In the coming weeks, it should be expected that activity will pick up as buyers seek coverage for Chinese New Year.

ALMOND FACTS

Europe: The European market showed modest strength in August with shipments totaling just over 43 million pounds, which is 12% above last year. European buyers are keeping a disciplined pace, stepping in only when needed, continuing a hand-to-mouth approach. The recent suspension of EU tariff measures provides some comfort for forward cover, but it has not created urgency. Sellers are releasing volume selectively, preserving the ability to capture better values once harvest clarity improves. Middle East: The Middle East has been very active to open the 2025 crop year. Shipments reached more than 17 million pounds in August, up almost 68% versus the prior year. The earlier Ramadan in 2026 is already shaping buying behavior, with importers advancing coverage well before the November shipment cutoff. Despite the activity, many have remained sidelined awaiting the August shipment report hoping to gain more clarity on the incoming crop, so activity levels are expected to remain high post release. After the region’s strong performance in crop year 2024, it will be worth monitoring to see if it is repeatable. Domestic: August shipments totaled 48.45 million pounds, down 21.9% from the same period last year. This was the tenth straight month of negative year-over-year shipments. We continue to see sharp declines year over year, despite the July results, which painted a more optimistic picture. New sales for the month were 55 million, a decline of 7.11% year over year. Strong domestic sales for the month were a bright spot, however there is ample demand still to be covered. Given last year’s performance, demand in the domestic market will continue to be monitored closely for signs of further declines.

SEPTEMBER–OCTOBER 2025

MARKET REPORT

Market Perspective The carry-in figure was the most notable surprise of this position report. The carry out from July’s position report was adjusted with an actual loss and exempt percentage of 3.14%. This puts the official carry in at 483.8 million pounds Additionally, this year the Almond Board of California conducted a voluntary survey regarding the edible portion of the 2025/26 carry-in inventory. Based on those results, only 92.4% of the total carry in is estimated to be edible, bringing the number down further to an estimated 447 million pounds. With the anticipated carry in and skepticism around the 3.0-billion-pound Objective Estimate, California is exercising caution with offered volumes. Prices have risen sharply over the last month and are expected to remain strong as buying continues in the weeks ahead. Harvest is underway, and clarity on the 2025 crop will emerge as receipts are assessed for quality, size, and overall supply potential. If you plan on attending Anuga Food Fair 2025, please stop by Hall 10.2 Stand G068 . The Blue Diamond Team would be glad to connect! COMMITMENTS Total commitments for the year start at 526.6 million pounds, a 13.2% decrease from last year. New sales for the month totaled 184.1 million pounds with the domestic market layering in an additional 55 million pounds and export locking in 129.1 million pounds of new coverage. In total, commitments for the domestic market now stand at 170.9 million pounds and exports stand at 355.7 million pounds CROP Crop receipts for the year begin at 259 million pounds, reflecting a 10.7% decline compared to the previous crop year. Recent concerns have emerged regarding lower yields from the central and southern region of the valley, particularly in the early varieties such as nonpareil which account for approximately 40% of the total crop. Many in the industry doubt the feasibility of the 3.0-billion-pound Objective Estimate and some are even speculating that the final yield could even fall below the 2.8-billion-pound Subjective Estimate. Consequently, California packers are adopting a cautious stance, limiting offers until there is greater clarity on the new crop’s potential.

ALMOND FACTS

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SEPTEMBER–OCTOBER 2025

NEWS IN A NUTSHELL

Blue Diamond Growers Annual Meeting Voting

What is a Proxy & Why is a Quorum Needed at Annual Meeting? The Blue Diamond Annual Meeting is more than a luncheon or a social gathering; it is a required business meeting that is defined in the Cooperative’s bylaws. To be valid, a quorum of the membership must be present, either in person or by proxy. Since it is a business meeting, the quorum is required if a motion is made from the floor and a vote of the membership is required. Annual General Election

It is time for the Blue Diamond annual general elections. This is a great opportunity for you to exercise one of your fundamental rights as a voting member to shape the future of your Blue Diamond Growers cooperative: electing members of the Board of Directors and Grower Liaison Committees. This year, you can vote for District Directors in districts 2, 8 and 9. You also have the chance to vote for Grower Liaisons in each of the nine districts. Ballots will be mailed the week of October 6, 2025 to

voting members with Crop Agency Agreements. Voting will close on November 10, 2025. Only ballots received by this date will be counted. Your vote matters! Be sure to submit your ballot in plenty of time so your vote is received before this deadline. How to Vote Like last year, there are three ways to vote: paper ballot, online, or by phone. Your election packet will include the paper ballot, return envelope and instructions for online and phone voting. This year, if you choose to vote by proxy, you will be able to return the Proxy Card by mail or assign a proxy online.

BY PHONE 3

ONLINE

PAPER

Like last year, you will be able to vote by paper ballot, online or by phone. This year, you will be able to return the proxy card by mail or assign a proxy online.

BALLOT

PROXY CARD

PAPER

ONLINE

Make Sure You Are Represented — Return the Proxy Card! Not sure if you can attend the annual meeting? You may assign your vote to a proxy—another voting member—to vote on your behalf. This year, you will be able to return the Proxy Card by mail or assign a proxy online. Mail in your Proxy Card (separate from the ballot) and rest assured that you are represented in the election and annual meeting, even if you can’t directly participate. If you do decide to attend the meeting yourself, know that your presence always comes first. The Proxy Card is a backup plan for if you can’t attend.

ALMOND FACTS

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SEPTEMBER–OCTOBER 2025

NEWS IN A NUTSHELL

Blue Diamond Rolls into Two Festivals with Flavor and Fun

ReWired Fest Blue Diamond Almonds returned as a Gold-level sponsor at this year’s ReWired Fest in Bentonville, Arkansas, on September 18. The annual festival joined the energy of Gen Z, e-sports, and top creators, making it a natural stage for Blue Diamond to connect in fresh, interactive ways. For the second year in a row, Blue Diamond stood alongside sponsors like Liquid I.V., Lego, Secret, Chips Ahoy!, and Keebler, delivering engaging experiences both in person and online. Highlights included: • A 75-location Walmart tour, where festivalgoers tried their hand at interactive activations like the Blue Diamond claw machine and got to experience the Nutty Cruiser.™ • Creator integrations, with influencers like Rebecca Zamolo and Nick DiGiovanni, product-themed mini games like the almond toss challenge to shout outs and direct online shopping opportunities during live e-games. • A national merchandising program, featuring Blue Diamond half pallets in 1,000 Walmart stores across the U.S. With an estimated 50,000+ attendees across the event, ReWired Fest was a great opportunity for Blue Diamond to showcase how almonds fuel fun and the fast-paced world of gaming and creator culture.

Kroger Wellness Festival Cincinnati’s riverfront buzzed with activity as over 200,000 people gathered at the Kroger Wellness Festival at the end of September. The two-day celebration of health, flavor, and inspiration is one of the largest events of its kind, and drew national brands, industry experts, and families to enjoy the festivities. Blue Diamond was proud to be the Ruby Sponsor, supporting this key retail partner and sharing almond goodness with attendees. Even the iconic Nutty Cruiser™ showed up and turned heads. Fresh off its kickoff at the Walmart ReWired Tour in Bentonville, Arkansas, and a football-season stop in Lincoln, Nebraska, the Cruiser’s third destination was the festival in Cincinnati. The Kroger Wellness Festival itself is built around a mission that resonates deeply with Blue Diamond : Kroger’s vision of physical and mental health. Colleen Lindholz, president, Kroger Health said in a statement, “The Kroger Wellness Festival is designed to meet people where they are - whether that’s learning how to eat healthier, finding new ways to manage stress or looking for fun ways to incorporate wellness into their everyday routine.”

ALMOND FACTS

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Attendees explored better-for-you options, sampled products from leading brands, and sat in on inspiring panels featuring Kroger leaders and industry experts. Between the energy of the Nutty Cruiser™ the excitement of the festival, and appearances from celebrities like The All-American Rejects, Rob Lowe, Chef Alex Guarnaschelli, and Alex Rodriguez, almond enthusiasts had plenty to smile about.

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Limited-Time Flavor Texas BBQ is Smokin’ Good!

Blue Diamond is celebrating the launch of its latest flavor innovation: Texas BBQ almonds, a bold and smoky snack now available in 6-ounce cans at Walmart stores nationwide . This zesty flavor, which rolled out in September, will be available through May. This limited-time offering is perfect for fans looking to bring a taste of the Lone Star State to their snacking routine.

SEPTEMBER–OCTOBER 2025

NEWS IN A NUTSHELL

# WeAreBlueDiamond Social Media Activity This month, Blue Diamond celebrated the rebrand being featured in AdAge magazine! We played some office bingo while enjoying a bit of fun at the employee town hall meeting. We applauded a new partnership with Pachamama Coffee who selected Blue Diamond Barista Blend as their official almondmilk.

Finally, we all took a moment to remember and honor the Americans who lost their lives 24 years ago on that tragic September 11.

ALMOND FACTS

BLUE DIAMOND INVESTMENT PROGRAMS

Current Investment Rates available as of October 1, 2025

Blue Diamond Growers offers members short-term and long- term investment programs. The objective of these programs is to serve as a competitive investment alternative for our members and provide Blue Diamond Growers with a steady source of funds. The interest rates effective October 1, 2025, for the program are listed here:

Short-Term Investment Certificate (STIC)

Long-Term Investment Certificate (LTIC) (Maturity Date of 6/30/2028)

Initial Investment Required

$1,000

$50,000

Interest Rate

5.00%

4.00%

(Variable, subject to change)

(Fixed rate)

For more information, contact your local Regional Manager, or Member Services at (209) 545-6225.

This summary does not constitute an offer to sell or a solicitation to purchase investment certificates. We will provide a package of documents for the programs to those members who are California residents and who express an interest in participating in the program.

SEPTEMBER–OCTOBER 2025

NEWS IN A NUTSHELL

Cinnamon Apple Bread Prep Time: 60 minutes Bake Time: 60 minutes Difficulty: Easy Serves up to: 11

Ingredients 1½ cups apples, peeled and cut into ¼” pieces ½ cup brown sugar 2 teaspoons ground cinnamon, divided 1¾ cups all-purpose flour 1 teaspoon baking powder ½ teaspoon baking soda ½ teaspoon salt ½ cup unsalted butter, softened ¾ cup sugar 2 large eggs, at room temperature ⅓ cup unsweetened applesauce, at room temperature 1 teaspoon vanilla extract ½ cup Almond Breeze ® Unsweetened Vanilla Almondmilk

Directions 1. Preheat oven to 350°F. Prepare a 9”x 5” loaf pan with nonstick cooking spray. 2. In a small bowl, combine apples, brown sugar and 1 teaspoon cinnamon. Set aside. 3. In a small bowl, whisk flour, baking powder, baking soda and salt together. Set aside. 4. In a large bowl using an electric hand mixer, beat butter and sugar together until light and creamy. Add eggs and beat until combined. Beat in applesauce and vanilla.

5. On low speed, beat in flour mixture, then slowly add in almondmilk. Pour batter into prepared loaf pan. Spoon apples and juice evenly on top. Use a knife to swirl apple mixture into batter. 6. Bake 60-75 minutes. Cover with aluminum foil if browning too quickly. Bake until a toothpick inserted in the center comes out clean. 7. Remove from oven and allow to cool slightly, then remove from pan and allow to cool completely on a wire rack. 8. Serve!

ALMOND FACTS

Pumpkin Spice Dirty Chai Latte Prep Time: 10 minutes Cook Time: 10 minutes Difficulty: Easy Serves up to: 2

Ingredients ¼ cup pumpkin puree

Directions 1. In a medium saucepan over

3. Strain mixture into 2 mugs and add an espresso shot to each. Place ¼ cup almondmilk in a glass measuring cup and microwave about 30 seconds. Use a milk frother to froth until foamy. Spoon frothed almondmilk over mugs. 4. Serve!

medium heat, add pumpkin puree, brown sugar, pumpkin pie spice, cardamom pods, star anise and ginger. Stir until combined. 2. Pour 2 cups almondmilk into mixture and cook until warmed.

2 Tablespoons brown sugar 1 teaspoon pumpkin pie spice 2 green cardamom pods 1 star anise ½ teaspoon ground ginger 2¼ cups Almond Breeze ® Unsweetened Original Almondmilk, divided 2 black tea bags ½ teaspoon vanilla extract 2 shots espresso

Remove from heat, then add tea bags and vanilla. Steep 2-5 minutes.

SEPTEMBER–OCTOBER 2025

CORNERING THE MARKET

Blue Diamond Renews and Enhances Partnership with the Big Ten ® ! Blue Diamond Almonds is thrilled to announce the continuation and expansion of their Big Ten Conference sponsorship, with Blue Diamond Snack Almonds as the Official Snack of the Big Ten! With the Big Ten as the largest college conference, with 18 schools, a coast-to-coast presence, and almost 10 million alumni, and with almonds being the G.O.A.T. of snacks , this partnership just makes sense. Football is NCAA’s most watched sport, and Big Ten schools have won the National Championship two years in a row (2024 and 2025). “We’re thrilled to continue fueling Big Ten fans with delicious and smart snacks for another year,” said Maya Erwin, vice president, Marketing & Innovation, Blue Diamond Growers . “Whether cheering courtside or tailgating outside the stadium, our almonds deliver energy, flavor, and good-for-you benefits and truly do belong at the forefront of any game-time snack spread.” Blue Diamon d almonds will activate at several Big Ten tailgates, with sampling, on-site branding, and digital content across Big Ten Network platforms. There will also be branded activations and in-stadium signage at the Discover® Big Ten Football Championship Game in Indianapolis this December. Bussin’ with the Boys Partnership To amplify the partnership with the Big Ten, Blue Diamond is excited to announce an upcoming collaboration with the wildly popular podcast “Bussin’ with the Boys.” This partnership is spotlighting Big Ten football culture and crew–led snacking content highlighting Blue Diamond as the snack of choice for supreme tailgating. Bussin’ with the Boys podcasters, and past professional and Big Ten football players, Taylor Lewan and Will Compton, appeared onsite at a special tailgate for the game of their rival alma mater schools on September 20 (University of Nebraska vs University of Michigan) known to their fans affectionately as the “Bussin’ Bowl.” To add an even greater bite to the partnership, The Nutty Cruiser™ showed up for the “Bussin’ Bowl” to hand out samples and bring the G.O.A.T. of Snacks to attendees and fuel their game day adventures. Even more social media content with podcast advertising surrounding the two Bussin’ with the Boys stars is coming this fall.

ALMOND FACTS

Bussin’ with the Boys Stats: Monthly Metrics: • 300K podcast downloads • 5MM YouTube views Followers: • YouTube: 623K • Social media: 1.8MM

Fall Fitness with Blue Diamond ! From September 15, 2025 – November 15, 2025, Blue Diamond is helping shoppers develop healthy habits. With the purchase of select Blue Diamond products, shoppers will have a chance to win a fitness tracker or from athletic gift cards. Keep an eye out for custom in-store displays, coupons, floor signage, shelf dangler signage, and in-store demonstrations. Key retailers involved in the program include Giant Eagle, Hy-Vee, Associated Food Stores, Raley’s, Albertsons Seattle & Mid Atlantic Divisions, Northwest Grocers and Sendik’s Food Market.

SEPTEMBER–OCTOBER 2025

MEMBERSHIP BASICS

Harvest Follow-up Essentials As the 2025 harvest winds down, now is an ideal time to step back and evaluate three key areas that will influence your success in the coming season. You’ve likely already taken a preliminary look at your Delivery Advance statements to assess the grades for each lot. Given how swiftly this year’s harvest unfolded and the challenges it brought, taking time to organize your records and conduct a thorough review is more important than ever.

call the Membership office for assistance. You can also ask your regional manager to provide you with a copy of your “Exhibit to Crop Agency Agreement” which lists all your acreage details. If something is incorrect or needs updating, let your regional manager know and they will do an acreage update to reflect the accurate information on your account. Review your grade information to identify any outliers. You may see that most of your grades were in a relatively tight range, say, 1-2% rejects, but one load shows a significantly higher value. This could be an end-run lot that could be of lower quality than the bulk of your product. In the case of box deliveries, end runs are typically smaller, weighing just a few hundred pounds. End runs also typically have higher foreign material and reject values as these problems can accumulate during the sheller run and wind up in the last box. However, if the delivery is not an end run, and its values do not align with the rest of your deliveries from that orchard, it may be worth requesting a retest for further evaluation. Samples are taken at the time of receipt according to a strict protocol, but sometimes, due to field variation, pockets of higher-than-average insect damage or foreign material can occur. At our Sacramento Test Room, the samples are divided, with half of the sample stored in a reference library for use in the event a retest is requested. The reference samples are retained for at least 60 days. The process of requesting a retest starts with a call to your regional manager. You may also want to consult your huller to get their opinion on the delivery. Huller operators typically maintain notes on each delivery and may be able to shed some light on the situation. Your regional manager will advise you on the retest process as there is a possibility of negative financial impact if the grade goes down in the retest process.

Dwight D. Eisenhower once said, “Plans are nothing; planning is everything.” Applying that wisdom to your operation means using insights from 2025 to guide your next crop cycle. A careful evaluation now will help you grow a high-quality crop and position yourself for the best possible results when next year’s harvest arrives.

“Plans are nothing; planning is everything.” — Dwight D. Eisenhower

Get Your Records Straight! Take a moment to gather your harvest records—either by pulling out your physical statements and final summary or by logging in to the Blue Diamond Portal to review everything in one place. On the Portal, the “Deliveries” and “Production” tabs on the homepage offer a clear overview, and additional reports provide deeper insights from multiple angles. For growers with a single orchard, this process is quick and straightforward. However, if you manage multiple Blue Diamond accounts or subcontracts, a thorough review is not just helpful, it’s essential. Double check your statement weights between subcontracts. Does one subcontract look light and another look heavy? It is possible that a delivery arrived under the wrong subcontract. If that’s the case, we can move delivery lots to the correct subcontract through a “Delivery Transfer.” Contact your regional manager if this is necessary. Verify the accuracy of the acreage you have listed in the Portal. This is what we use to calculate the yield figures under the “Production” tab. If you do not have portal access or have forgotten your login info, please

ALMOND FACTS

Make sure that all your names on the contracts and subcontracts align with your other business interests (trust name, partnership name, exact corporate name) or other legal purposes. Most often, crop insurance companies will require your statements (including the names and acreage of each subcontract) to correspond exactly with what is detailed in the policy. Orchard Removals Planning for orchard removals and replanting occurs year round, and directly after harvest is the best time to let us know if an orchard that was harvested in 2025 will be pulled and going out of production for 2026. Be sure to let your regional manager know of any acreage changes such as pullouts, orchard sales, or ownership transfers sooner rather than later. Most importantly, this helps Blue Diamond keep our current acreage records straight. Better to let us know now! If you plan on replanting but haven’t figured out what variety or exactly when you’ll replant, no problem. We can list that subcontract as an unknown variety and put in a tentative replant date that we can track and update later. Set an Appointment with your PCA/CCA Scheduling a meeting with your PCA shortly after harvest is one of the most impactful steps you can take to set the stage for next season. Your grade results directly influence planning decisions for the upcoming crop cycle. To prepare, gather your statements or download the “Variety by Grade Summary” report from the Portal—this will ensure you have all the necessary data to guide a productive discussion. If your grades for 2025 were all Qs, congratulations! If your approach last year delivered solid results, that provides a strong foundation to build your IPM plan for the upcoming season. Still, it’s worth exploring ways to fine-tune your strategy and prepare for any emerging pest pressures that may arise. And if your grades fell short of expectations or you faced more challenges in 2025 than in previous years, know that you’re not alone—many growers experienced similar hurdles. Increased navel orangeworm pressure and the increased damage seen from the plant bug complex continue to cause issues for many growers.

Sample Breakdown Test for Rejects

Brown Spot

45.71%

Beetle

11.43%

Orangeworm 40.00%

The focus on your statements should not just be on the total reject percentage, but on any reject breakdowns that were performed this year. We’ve worked hard to help growers recognize how beneficial it is to complete at least one reject breakdown on each orchard. This gives you the fractional breakdown of the total reject damage and lists the proportional impact of each type of pest ( as illustrated in figure 1 ). If you did not request a reject breakdown and would still like to receive the information, you can request an “information only” retest, which will not impact your grade. Our regional managers are available to support this process and you can arrange to meet with them and your PCA to provide further perspective. These services are just one reason why Blue Diamond ’s member-growers produce the highest quality almonds. “Success is the sum of small efforts, repeated day in and day out.” — Robert Collier Mold 2.86% (Figure 1) The reject breakdown will show the proportions of damage that occurred by each causal pest. In this case, the overall total reject percentage “Reject meats” was 3.5% (not shown here as it appears on the main line of the statement) and each percent listed is a fractional percent of the overall 3.5%.

Christine Ivory, Sr. Regional Manager, Blue Diamond Growers

SEPTEMBER–OCTOBER 2025

GROWING THE GOODNESS

Blue Diamond Supports a 50-Day Cross-Country Challenge for a Cause

What happens when two adventurous creators take on the ambitious goal of traveling to 50 states in 50 days? For YouTube duo, Ryan and Haley, it became more than just a road trip; it turned into a record-breaking fundraiser that caught national attention. The YouTube series followed them as they stayed in the most unique Airbnb units each night, racing against the clock to complete their challenge. Their original goal was to raise $1 million for St. Jude Children’s Research Hospital through donations. Each night, Ryan and Haley highlighted donations and updated their running total. Blue Diamond was happy to contribute to such a great cause first, making a mark with a $5,916 (916 to represent the Sacramento area) contribution under the Blue Diamond Almonds name followed by another $5,916 donated under the Almond Breeze ® banner. Both earned special appreciation in front of millions of viewers. The campaign quickly surpassed its $1 million goal and, by the end of the journey, raised over $11 million for St. Jude’s!

ALMOND FACTS

SEPTEMBER–OCTOBER 2025

ADVOCACY REPORT

Addressing Industry Challenges at Home and in Washington, D.C. As the new crop year begins, California’s almond industry is navigating rising costs, tightening regulations, and an uncertain trade environment. These pressures are real, but they also underscore the importance of strong advocacy and collaboration. By working together and focusing on practical solutions, we can support growers, adapt to change, and keep California almonds competitive worldwide. Advocating in Washington, D.C. In late July, our second annual fly-in brought almond leaders to Capitol Hill for two days of high-level engagement. We met with House and Senate Agriculture Committee leadership, appropriators, and California delegation members, as well as USDA, EPA, and USTR officials. Discussions focused on: • Expanding global market access • Securing robust farm bill provisions for specialty crops • Addressing water infrastructure and supply chain challenges • Ensuring accurate and transparent federal data reporting These meetings gave us a chance to share firsthand accounts of current pressures and reinforced the importance of strong federal partnerships. Trade and Tariffs International trade is vital to our industry but faces ongoing challenges. Tariffs during the first Trump administration sharply reduced demand in key markets like China, and new threats pose similar risks. The Almond Alliance is working with federal leaders to protect market access, defend fair trade, and expand opportunities through global nutrition and government purchase programs.

President Trump’s recent tariff announcement under the International Emergency Economic Powers Act adds new uncertainty. A 90-day U.S.–China truce extends through November 10, holding current rates in place, but China’s steep tariffs—up to 45% on in-shell almonds, 25% on processed almonds, and 40% on almond flour— continue to limit competitiveness. India remains another top priority. Despite strong demand, recent tariff disputes have created volatility. We are pressing for tariff relief, smoother port clearance, and stronger almond promotion to ensure stable market access. The global trade environment is shifting rapidly, and we are working to protect almonds from future retaliatory measures while expanding and safeguarding trade channels that strengthen prices and diversify demand.

ALMOND FACTS

Economic Pressures on Growers This year’s USDA Objective Estimate triggered a $0.50/lb. drop in market prices, adding to the strain on growers who have faced production costs exceeding returns for four straight years. This imbalance is unsustainable and threatens the future of many family operations. That is why our priority is advancing policies that help stabilize prices, improve the accuracy of market data, and prevent distortions that erode grower returns. During our summer meetings in Washington, D.C., we made sure these challenges were front and center in discussions with USDA and policymakers. A key focus was the impact of recent NASS reporting. We are pressing for clearer, more accurate reports that better reflect industry realities. Pests, Invasive Species, and Abandoned Orchards Abandoned orchards are becoming a serious issue across almond-growing regions. Left standing, they create breeding grounds for rats and other invasive pests that quickly spread into healthy orchards. The result is more crop damage and higher pest control costs for neighboring farms. The Almond Alliance is working with state and federal agencies to accelerate orchard removal and reduce pest pressure industry wide. We are also fighting to restore access to critical pest control tools, including emergency exemptions for rodenticide use. At the same time, we are investing in long-term answers—securing $1.5 million for invasive pest mitigation and $500,000 for carpophilus beetle research. These efforts are aimed at protecting orchard health, lowering costs, and safeguarding yields for growers. Redistricting and Representation The Almond Alliance is closely monitoring California’s redistricting fight, which could reshape congressional representation and weaken agricultural advocacy in Washington. Governor Gavin Newsom has launched

a campaign to redraw maps in response to President Trump’s push for new GOP-leaning seats in Texas. California voters will decide the plan in a special election on November 4, which could reduce the state’s Republican delegation from nine to four seats. For agriculture, the biggest concern is the Central Valley. Congressman David Valadao’s District 22—home to key almond-growing regions—could gain more registered Democrats, making it even harder for Republicans to hold. Northern California’s Congressman Doug LaMalfa, a fourth-generation rice farmer, could also see his district reshaped to include urban wine country while losing rural farm areas. Agricultural groups and watchdogs argue this undermines California’s independent redistricting commission, created in 2010 to prevent partisan gerrymandering. The outcome will directly affect farm representation in Congress at a time when growers already face mounting pressure from trade disputes, water shortages, and regulation. Moving Forward From abandoned orchards and pest threats to market instability and trade uncertainty, the challenges ahead demand long-term focus and steady action. The Almond Alliance will continue to advocate across all levels of government to protect and strengthen the almond industry, ensuring it remains competitive, economically viable, and well represented where decisions are made.

Alexi Rodriguez, President & CEO, Almond Alliance

SEPTEMBER–OCTOBER 2025

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