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Lineage Streamlines Import Process with Newly Certified Customs Bonded Warehouse Space in Seattle

1. Lineage opens its first customs bonded cold storage warehouse in Washington. 2. Facility enhances logistics and compliance for temperature-sensitive imports. 3. Strategic location at the Port of Seattle improves global trade flexibility. 4. Lineage now operates 10 bonded warehouse locations nationwide. 5. Expansion aligns with customer demand in a dynamic global trade environment.

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FAQ

Why Bullish?

The expansion of Lineage's facility reflects growth and improved logistics capacity. Historical market trends show that such expansions often lead to increased demand and stock performance.

How important is it?

The establishment of a bonded warehouse enhances service offerings, likely leading to increased revenue.

Why Short Term?

Immediate operational benefits from the new facility can drive short-term revenue growth.

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Lineage’s Seattle – Garfield facility becomes the company’s first certified customs bonded cold storage warehouse in the state of Washington, providing greater flexibility for customers navigating the complexities of global trade NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the “Company”), the world’s largest global temperature-controlled warehouse REIT, today announced that its Seattle – Garfield facility, located at the Port of Seattle, is now an approved Class 3 Public bonded storage facility. This is Lineage’s first customs bonded facility in the state of Washington and one of the first refrigerated storage facilities with customs bonded space in the Seattle market. With this new certification, the site is now better equipped to help customers navigate the complexities of international logistics, enabling greater precision, flexibility and ease by providing safe temperature-controlled storage of imported goods under U.S. Customs and Border Protection (CBP) supervision until they are cleared for domestic commerce or re-export. These services provide a crucial gateway for temperature-sensitive imports arriving via the Port of Seattle. Located at 2001 W Garfield Street on Pier 90, Lineage’s Seattle – Garfield facility offers cold storage, drayage, temperature-controlled rail and on-demand trucking. The new customs bonded warehousing service complements the site’s existing USDA and FDA inspections, drayage and intermodal services, strengthening Lineage’s ability to help make the import process easier and more streamlined for customers. “Our certified customs bonded warehouse space in Seattle marks an exciting milestone for Lineage, reflecting our commitment to anticipate and meet customer needs in a dynamic global trade environment,” said Brian Beattie, President, North America West, at Lineage. “By expanding our import service capabilities in a critical hub for global trade, we aim to offer our customers greater flexibility to respond to shifting market conditions while maintaining compliance and protecting product integrity.” The Seattle – Garfield facility joins Lineage’s growing network of bonded warehouses and I-Houses in key markets across the U.S. strategically positioned for global connectivity. The company now operates 10 bonded warehouse locations and 42 USDA-approved I-House facilities nationwide, streamlining both regulatory compliance and import logistics for food shippers. To learn more about Lineage’s global facility network and integrated transportation solutions, visit onelineage.com. About Lineage Lineage, Inc. (NASDAQ: LINE) is the world’s largest global temperature-controlled warehouse REIT with a network of over 480 strategically located facilities totaling over 84 million square feet and approximately 3.0 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. Forward Looking Statements Certain statements contained in this press release may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Lineage intends for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in those acts. Such forward-looking statements can generally be identified by Lineage’s use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “objective,” “goal,” “strategy,” “plan,” “focus,” “priority,” “should,” “could,” “potential,” “possible,” “look forward,” “optimistic,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to certain risks and uncertainties, including known and unknown risks, which could cause actual results to differ materially from those projected or anticipated. Therefore, such statements are not intended to be a guarantee of Lineage’s performance in future periods. Except as required by law, Lineage does not undertake any obligation to update or revise any forward-looking statements contained in this release.

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