HelloFresh's plans to ramp up its production capacity are fully on track with the opening of two new fulfillment centers in Irving, Texas and Abbotsford, Canada in second quarter of 2021 and the announcement of three further fulfilment centers in the US, Australia and Germany which are set to start operations in the course of 2021 and 2022. In addition, further planned investments include creating additional production capacity across both segments. The expansion of HelloFresh's total addressable market (TAM) is well underway with its Green Chef brand being launched in the UK and the market entry into Norway, the third market for HelloFresh in the Nordics, following Sweden and Denmark. By entering an agreement with the aim to acquire Australian ready-to-eat meal manufacturer Youfoodz in July, HelloFresh is continuing to expand its ready-to-eat capabilities, following the acquisition of Factor in the US in late 2020. With the introduction of HelloFresh Market in the US and its successful ramp up in the Benelux, HelloFresh is capturing a higher share of its customers' in-house food budget and raising average order values.