Nomad Foods Announces Launch of Senior Secured Notes Offering

Nomad Foods Limited (NYSE: NOMD) ("Nomad Foods" or the "Company") today announced that Nomad Foods Bondco Plc (the "Issuer"), an indirect, wholly-owned subsidiary of the Company, intends to offer €800.0 million aggregate principal amount of senior secured notes due 2033 (the "Notes"), subject to market and other customary conditions (the "Offering").

The Notes are expected to be guaranteed and secured on a senior basis by the Company and certain of its subsidiaries.

The Company intends to use the gross proceeds of the Offering to refinance in full the Issuer's existing €800.0 million aggregate principal amount senior secured notes due 2028 (the "Existing Notes") (such refinancing, together with the issuance of the Notes, being the "Refinancing").

The Issuer expects to redeem the Existing Notes, subject to the completion of the Offering and receipt of the proceeds thereof.

In connection with and contingent upon the Refinancing, the Company expects to increase the commitments under its revolving credit facility by €105.0 million by way of an additional facility notice, providing an aggregate amount available thereunder of €280.0 million (the "RCF Upsize").

No assurance can be given that the Refinancing and the RCF Upsize will be completed, or, if completed, as to the terms on which it will be completed.

A notice of conditional redemption in full in respect of the Existing Notes will be published by the Issuer through the information service of the Luxembourg Stock Exchange and additionally delivered to holders thereof via Euroclear Bank SA/NV and Clearstream Banking S.A.

Nomad Foods (NYSE: NOMD) is Europe's leading frozen food company.

The Company's portfolio of iconic brands, which includes Birds Eye, Findus, iglo, Ledo and Frikom, have been a part of consumers' meals for generations, standing for great tasting food that is convenient, high quality and nutritious.

Nomad Foods is headquartered in the United Kingdom.

Additional information may be found at www.nomadfoods.com.