DP Eurasia N.V. has provided an update on the unsolicited offer from Jubilant Foodworks. The board of DP Eurasia, excluding directors conflicted by virtue of their representation of Jubilant, has evaluated the offer and believes that the financial terms undervalue the company and its prospects. The board has also received feedback from a significant proportion of the company's shareholders, who are overwhelmingly of the opinion that the offer undervalues the company. The board is determined to protect the interests of the company's minority shareholders and other stakeholders. The board advises shareholders to take no action at this time.