Lavoro Brazil Reaches Agreement With Principal Suppliers Providing For Multi-Year Inventory Financing Framework And Extension Of Obligation Payment Terms, Positioning Business Unit For Recovery

Lavoro Limited (NASDAQ:LVRO, LVROW))) ("Lavoro", or the "Company"), the first U.S. listed pure-play agricultural inputs retailer in Latin America, announced today that its subsidiary, Lavoro Agro Holding S.A. ("Lavoro Brazil") has reached an out-of-court restructuring agreement with a number of its principal product suppliers that provides for the extension of payment terms and secures future product supply for a muti-year period in order to help mitigate further supply chain disruption ("Agreement").