GREYSTONE LOGISTICS, INC.

Greystone Logistics, Inc. manufactures and sells plastic pallets, primarily utilizing recycled plastic. The company was incorporated in Delaware on February 24, 1969, and has been primarily engaged in the business of manufacturing and selling plastic pallets since December 1997, following its acquisition of Plastic Pallet Production, Inc. (PPP). Effective September 8, 2003, Greystone acquired substantially all assets of Greystone Plastics, Inc., a manufacturer of plastic pallets for the beverage industry, through its wholly-owned subsidiary, Greystone Manufacturing, L.L.C. (GSM). Greystone sells its pallets through GSM, utilizing a network of independent contractor distributors and direct sales by its President and sales department. As of May 31, 2025, Greystone had an aggregate in-house production capacity of approximately 225,000 pallets per month. This capacity is supported by 14 injection molding machines, with 12 located in Bettendorf, IA, and 2 in Palmyra, MO. The company also outsources production for pallets produced by injection molding machines as needed to handle overflow.