The company previously disclosed that fairlife experienced a ransomware event. This event involved access by an unauthorized third party to a portion of the company’s systems and taking of certain data, and a temporary suspension of production operations.

The company continues working diligently to restore impacted systems and operations.

Retail availability of fairlife products has been largely unimpacted, due to the availability of existing inventory. Product quality and safety have not been impacted.

Based on the information currently available, the company believes the incident has not had, and is not reasonably likely to have, a material impact on the company’s financial condition or results of operations.