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Sempreon Officially Debuts as the New Name of MGP Ingredients

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The name takes effect today, bringing the company’s three businesses and 85-year legacy together under one corporate identity, alongside a new Nasdaq ticker symbol, CASK, and the launch of sempreon.com

Sempreon, Inc. (Nasdaq: CASK), a leading provider of branded and distilled spirits and ingredient solutions, today officially adopted its new name and Nasdaq ticker symbol, completing the rebrand of MGP Ingredients, Inc. announced on October 15. This change takes place alongside the introduction of a new corporate website at sempreon.com. The company operates across three complementary businesses, Branded Spirits, Distilling Solutions and Ingredient Solutions, each with its own distinctive capabilities, right to win, trusted customers and opportunities for growth.

Built on more than 85 years of history, Sempreon combines a portfolio of distinctive spirits brands, extensive distilling and production capabilities, and specialty ingredient solutions. Drawing on deep expertise, a strong track record of building high-quality brands and a longstanding distilling heritage, its Branded Spirits business pairs established names with emerging opportunities, identifying, developing and growing brands that connect with consumers across occasions and categories. Sempreon’s award-winning Branded Spirits portfolio spans super-premium, premium, mid-tier and value segments and includes Penelope Bourbon, Yellowstone Bourbon, Rebel Bourbon, Remus Bourbon, Ezra Brooks Bourbon, Blood Oath Bourbon, Lux Row Bourbon, El Mayor Tequila, Exotico Tequila, Juarez Tequila and Everclear, among others. Its operations include distilleries in Indiana and Kentucky, a tequila distillery in Arandas, Mexico, and bottling facilities in Missouri, Ohio and Northern Ireland.

Sempreon Distilling Solutions supplies premium bourbon, rye, whiskey, gin and grain neutral spirits and provides full-process production capabilities, from distilling and aging to blending, for a broad range of spirits brands. Since 2012, the historic MGP Distillery in Lawrenceburg, Indiana, has partnered with more than 1,000 American whiskey customers and produced premium white goods for some of the industry’s best-known gin and vodka brands.

In addition, Sempreon Ingredient Solutions combines production scale with strong technical expertise and research and development capabilities to create specialty wheat proteins, starches, dietary fibers and texturized proteins for leading food manufacturers and brands. Working closely with customers, the business applies ingredient science to challenges in nutrition, functionality, texture and taste across a wide range of applications. As consumer expectations for better-for-you products grow, Sempreon helps leading brands meet evolving product requirements, supporting them from early development through full commercial production.

“Today marks an important milestone for Sempreon and the future of our company,” said Julie Francis, president and chief executive officer of Sempreon. “Our strength comes from the expertise across our three businesses and the relationships we've built with our customers and partners. As Sempreon, we're focused on continuing to build on those strengths and pursuing new opportunities for growth while delivering the quality and innovation our customers expect.”

“When we developed Sempreon, we wanted a name that reflected the strength of our entire business while honoring the legacy that brought us here,” said Matias Bentel, chief marketing officer of Sempreon. “Sempreon brings our businesses together under one identity and gives us a strong foundation for the future. While our name is changing, our commitment to consumers, customers and partners remains the same. They can continue to count on the quality, expertise and service they have come to trust, while looking forward to new innovations and opportunities as we continue to grow.”

Sempreon's new corporate website, sempreon.com, provides a central destination to explore the company's three businesses, capabilities, brands and corporate information. Investors can visit ir.sempreon.com for additional information.

About Sempreon

Sempreon (formerly known as MGP Ingredients) is a leading global producer of branded and distilled spirits and ingredient solutions built on a simple belief: Tradition Looking Forward. With a legacy dating back to 1941, Sempreon brings generations of distilling expertise, brand-building capabilities and technical knowledge together. Guided by its mission, “Creating moments that matter. Building a legacy that lasts,” the company creates brands, products and solutions that meet today’s needs while helping shape what comes next.

Sempreon Branded Spirits (formerly known as Luxco) includes Penelope Bourbon, Yellowstone Bourbon, Rebel Bourbon, Remus Bourbon, Ezra Brooks Bourbon, El Mayor Tequila, Exotico Tequila, Juarez Tequila and Everclear, spanning premium, mid-tier and value segments. Through its Distilling Solutions business, Sempreon supplies premium bourbon, rye, whiskey, gin, and grain neutral spirits and provides full-process production capabilities, from distilling and aging to blending, for a broad range of sprits brands. Its Ingredient Solutions business combines production scale with in-house research and development and technical expertise to create specialty wheat proteins, starches, dietary fibers and texturized proteins for leading food manufacturers and brands.

From the traditions that have defined the company across generations to the technologies, products and ideas shaping the future, Sempreon combines craft, expertise, research and innovation across the spirits and ingredient industries. To learn more, visit sempreon.com.

Sempreon combines a portfolio of distinctive spirits brands, extensive distilling and production capabilities, and specialty ingredient solutions.

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