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Lineage, Inc. Announces Chief Financial Officer Retirement and Transition Plan

1. CFO Rob Crisci plans to retire; Lineage seeks a successor. 2. Crisci successfully led Lineage through its IPO last year. 3. Executive transition supported by a leading search firm for continuity. 4. Lineage remains well-positioned for future growth and stakeholder value. 5. Over 485 facilities help Lineage maximize efficiency and sustainability.

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Why Bullish?

Lineage's strategic leadership changes can foster investor confidence and growth potential.

How important is it?

Leadership changes can greatly impact investor confidence and operational stability.

Why Short Term?

Immediate leadership changes could influence short-term market sentiment and stock performance.

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- NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the "Company"), the world’s largest global temperature-controlled warehouse REIT, today announces the planned retirement of its Chief Financial Officer, Rob Crisci. The Company has started the process of identifying a successor for the position with the assistance of a leading executive search firm. Crisci will continue as CFO until a successor is in place and will remain with Lineage through a subsequent transition period. “On behalf of the Board of Directors and Lineage’s executive leadership team, I want to recognize Rob for his important contributions to the Company, which include his leadership through last year’s highly successful initial public offering,” said Greg Lehmkuhl, President and Chief Executive Officer of Lineage. “During his tenure, Rob and his team have recruited and developed several talented professionals across our finance organization, which will help to enable a smooth transition and set up our future CFO for success. We appreciate that Rob will continue to serve in his position and provide support during the transition process with his successor, once selected.” Crisci joined Lineage in April 2023 in advance of the Company’s initial public offering, which launched in July 2024. Prior to joining Lineage, Crisci was a senior executive at Roper Technologies (NASDAQ: ROP) for a decade, including six years as their Chief Financial Officer. “I’ve been honored to lead Lineage’s finance organization through our transition to the public market and look forward to continuing my service as CFO while we search for my successor,” said Crisci. “As the global market leader, Lineage is well positioned to drive meaningful value for all our stakeholders. I’m proud of the team we’ve built and excited for the future of Lineage.” About Lineage Lineage, Inc. (NASDAQ: LINE) is the world’s largest global temperature-controlled warehouse REIT with a network of over 485 strategically located facilities totaling approximately 86 million square feet and approximately 3.1 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world’s largest food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world. Learn more at onelineage.com and join us on LinkedIn, Facebook, Instagram, and X. More News From Lineage, Inc.

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