Additional Proxy Soliciting Materials (Form DEFA14A)

The Sacklers' Summer Road and Rory Held Are Not Telling Ingles Shareholders the Truth About Their Involvement with Peak Resorts and the Damage They Caused Material Information Is Being Hidden from Ingles Shareholders

What Sacklers' Summer Road Fails to Disclose to Ingles Shareholders Summer Road Works Very Hard to Hide that it is Controlled by Sacklers Through hundreds of entities and opaque SEC disclosures, members of the Sackler family hid their association with Summer Road when they invested in Peak Resorts - just as they have done at Ingles Recall, Summer Road and Rory Held never acknowledged they were associated with the Sacklers until Ingles publicly stated it If the Sacklers are truly looking to serve the interests of all shareholders, why are they hiding their identity? Why are their investments cloaked under obscurely named entities? What is behind the web they are weaving? Why aren't the Sacklers transparent with Ingles, its shareholders and communities? In Aug 2015, "Cap 1," an Oklahoma entity managed by Sacklers' Summer Road, disclosed a 6.1% investment in Peak Resorts There was no disclosure of the Sackler connection in any related disclosures or SEC filings Cap 1 is controlled by a family trust whose beneficiaries were all named as defendants in the Purdue Pharma lawsuits relating to OxyContin1 In Aug 2016, Peak Resorts announced an agreement for a preferred equity investment by Cap 1 Even one year later and after a follow-on investment, there was still no disclosure of Cap 1's true identity as a Sackler controlled entity Instead, Cap 1 was obliquely described as a "family client of Summer Road." Recall - members of the Sackler family control Cap 1 and Summer Road. Summer Road's sole existence is due to the Sacklers and the wealth the family has obtained through Purdue Pharma In 2018 - three years after the Sacklers' Summer Road's initial investment - a reporter for the St. Louis Business Journal unveiled that Summer Road was really "the family office of the Richard Sackler family that developed oxycontin and owns Purdue Pharma"2 The bright light provided by the St. Louis Business Journal was the start of public scrutiny and criticism of the Sacklers' involvement with Peak Resorts - ultimately culminating in boycotts of Peak Resorts 1. The Washington Post, Purdue Pharma family profits from sale of ski resorts in regions plagued by opioid addiction, 9/29/2019 2. St. Louis Business Journal, How Tim Boyd conceived of Hidden Valley, the endangered ski resort in Wildwood, 1/5/2018 3. VTDigger, Sackler family has largest stake in Mount Snow's parent company,4/18/19 3

What Sacklers' Summer Road Fails to Disclose to Ingles Shareholders Reputational, Governance, Financial Risks Are Created By Associating with the Sacklers… 1. Deerfield Valley News, Peak Resorts' largest investor has ties to opioid manufacturer, 4/4/2019 2. The Boston Globe, The Sackler family's involvement in Mt. Snow stirs Controversy, 5/6/2019 3 : VTDigger, Sackler family has largest stake in Mount Snow's parent company,4/18/19 4. : The Washington Post, Purdue Pharma family profits from sale of ski resorts in regions plagued by opioid addiction, 9/29/2019 5. Summer Road Investor Presentation 4/6/2026 Sacklers' Summer Road claims that "none of our portfolio companies have ever experienced reputational harm to their business due to our involvement"5 However, public reporting, elected official commentary, community pushback, and consumer boycotts at Peak Resorts tell a different story The Sacklers' efforts to obscure their true identity suggests to us that even they recognize the toxicity associated with their record and the destruction caused by their Purdue Pharma's OxyContin "the company's connection to the Sackler family and their fortune built on the opiates that have devastated the community is a concern. 'It is disturbing… "1 Peak Resorts' largest investor has ties to opioid manufacturer "one notable - some would say notorious - investor's major stake in the resort has some people in Dover and the nearby Deerfield Valley town of Wilmington feeling queasy about their association with the ski resort. Members of the Sackler family - whose pharmaceutical company, Purdue Pharma, makes the opioid OxyContin - have in recent years become the largest shareholders of publicly traded Peak Resorts, Mount Snow's owner."2 "'It is clear that the Sacklers withdrew a huge amount of money from Purdue Pharma,' said New Hampshire Associate Attorney General James Boffetti, who is the state's lead attorney in lawsuits against Purdue Pharma and individual Sackler family members, including Richard Sackler. 'To the extent that was used for these investments, including in the ski resorts, that is money that they would have only because of this deceptive marketing scheme that they have been running at Purdue.'" "'That they are trying to . . . make money off that investment in the very state that suffered so severely from their deceit is appalling,'' said state Sen. Jeanne Dietsch, of Peterborough."4 3

What Sacklers' Summer Road Fails to Disclose to Ingles Shareholders …Summer Road's Own Principals Have Testified to the Critical Business Relationships Lost and Meaningful Business Risks Associated with the Sacklers Source: U.S. Bankruptcy Court, Southern District of New York, Memorandum of Decision, Aug 9, 2021 Source: Teton Gravity Research, Boycott any of the Peak "resorts," Apr 2019 FRANK S. VELLUCCI Summer Road's General Counsel and Participant in Solicitation Against Ingles EVEN SUMMER ROAD'S GENERAL COUNSEL HAS TESTIFIED UNDER OATH ABOUT THE KIND OF HARM WE BELIEVE THE SACKLERS POSE FOR INGLES' BUSINESS "Mr. Vellucci similarly testified that he was informed that seven financial institutions terminated their banking or broker-dealer relationships with the Richard Sackler family and associated business entities… these actions were motivated by concerns over the risk that such relationships would become public to the detriment of their business" "Mr. Vellucci further testified that after publication of a Richard Sackler family investment in a ski resort in Spring 2019, there were calls for boycotts of the resort." If our customers turned away from Ingles in protest, and if we lost even 5% of sales, it would significantly impact Ingles' business - costing us ~$250M of sales and ~$8.8M in profits.

What Sacklers' Summer Road Fails to Disclose to Ingles Shareholders The Sacklers Appear to Have Received Preferential Treatment at Peak Resorts While Their Employee Rory Held Served on the Peak Resorts Board Sacklers' Summer Road investment in Peak Resorts was marred with transactions that appeared to have shown preferential treatment to the Sacklers - serving the Sacklers' Summer Road's interests at the expense of other Peak Resorts shareholders In Sept 2018, to fund an acquisition, Peak Resorts relied on a loan from, and new preferred equity issuance to, the Sacklers' Cap 1 - both on preferential terms to the Sacklers' Cap 1 $50M, two-year secured term loan, which we understand to have been an above market interest rate $20M preferred stock and warrants to the Sacklers' Cap 1 giving the Sacklers the right to increase their investment under certain circumstances, possibly leading to eventual voting control There is no evidence that Peak Resorts sought competitive funding options from other sources Cold comfort…Peak did caution that moving forward with the agreement contained a number of risks, including that Cap 1 could have the ability to control the outcome of future votes - which Cap 1 in fact later did

What Sacklers' Summer Road Fails to Disclose to Ingles Shareholders Summer Road's Investment in Peak Resorts Was All About Short Term Gain Source: The Washington Post, Purdue Pharma family profits from sale of ski resorts in regions plagued by opioid addiction, 9/29/2019 Sacklers' Summer Road pats itself on the back, citing profits from their investment in Peak Resorts as a reason Ingles' shareholders should support them Sacklers' Summer Road fails to disclose, however, that these gains were seen as dirty money made on the misery of the people and communities that were harmed by the Sacklers' Purdue Pharma Sacklers' Summer Road pats itself on the back, citing profits from their investment in Peak Resorts as a reason Ingles' shareholders should support them Sacklers' Summer Road fails to disclose, however, that these gains were seen as dirty money made on the misery of the people and communities that were harmed by the Sackler's Purdue Pharma

What Sacklers' Summer Road Fails to Disclose to Ingles Shareholders Sacklers' Summer Road is Viewed as a "Take the Money and Run" Investor Source: The Washington Post, Purdue Pharma family profits from sale of ski resorts in regions plagued by opioid addiction, 9/29/2019 Sacklers' Summer Road characterizes itself as a "long-term" investor However, it was in and out of Peak Resorts' stock in just four years, stuffing their pockets with money extracted from the same communities where Peak Resorts operated and Purdue Pharma trafficked in OxyContin The timing of the Sacklers' exit from Peak Resorts, and the forced exit for all Peak Resorts shareholders, was dictated by the Sacklers' Summer Road Notably, Sacklers' Summer Road's 5.5-year investment horizon is not long term in the grocery industry "Mitchell Yeaton is battling a wave of opioid addiction from his counseling center in New Hampshire ski country, just a short drive from two winter resorts that are engines of the local economy…Yeaton and some public officials say it is wrong that Richard Sackler, Purdue's former chairman and president, and others in his immediate family would profit in a state profoundly harmed by opioid addiction. Some have suggested they share the proceeds with local communities. 'Look at the devastation that has been caused here,'' said Yeaton, the chief executive of White Horse Addiction Center, where doses of the overdose antidote Narcan are mounted on the wall for emergency access. 'Don't take the money and run.'''

What Sacklers' Summer Road Fails to Disclose to Ingles Shareholders Rory Held's Experience is Inflated and His Record at Peak Resorts Shows He's No Champion of Good Corporate Governance Rory Held appointed to Peak Resorts Board in November 2016; Peak Resorts announced sale to Vail Resorts July 2019 Peak Resorts Definitive Proxy Statement, 08/28/18 David Sackler Throughout their proxy materials, Summer Road and Rory Held tout their involvement with Peak Resorts, attempting to position Rory Held as an "experienced" public company board member However, the facts tell a different story… Rory Held Rory Held was appointed to the Peak Resorts Board in November 2016 solely as the Sacklers' Summer Road representative His board service in subsequent periods was assured because he served as the Sacklers' Summer Road designee Rory Held served on the Peak Resorts Board for 32 months. This has been his only public company board service1 The sale of Peak Resorts, which Summer Road credits Rory Held for overseeing, was pre-ordained - the Sacklers controlled Peak Resorts as a result of their preferred equity investment in the Company Rory Held Serves at the Sacklers' Direction "Pursuant to an arrangement between Mr. Held and Summer Road LLC, any compensation that would otherwise be payable to Mr. Held for his services as a director of [Peak Resorts] will be paid directly to Summer Road LLC as his employer."2

What Sacklers' Summer Road Fails to Disclose to Ingles Shareholders Sacklers' Summer Road Insisted Upon a Controlling Shareholder Governance Structure at Peak Resorts Related Party Transactions - excerpt from ISS's 2017 Voting Recommendation1 Related Party Transactions - excerpt from ISS's 2018 Voting Recommendation When Sacklers' Summer Road first invested in Peak Resorts and through all subsequent years until its sale, including when Rory Held served as a Peak Resorts director, the Peak Resorts Board included: 4/7 directors who were affiliated with the Company or its management (including Rory Held would have been 5/7). The Board overall was not considered independent Many other Peak Resorts governance and compensation provisions were not considered best practice: A non-independent director on a key Board Committee - the Nominating Committee Multiple directors who had pledged shares in the Company as security for loans Majority of directors with related party transactions Executive compensation: Was not submitted for consideration by shareholders at any Annual Meeting Included tax gross-up provisions for several members of Peak Resorts management In addition to the Board composition and executive compensation, Peak Resorts' governance provisions were also criticized by ISS because they included provisions that restricted shareholders' rights 9 "Cap 1" is an entity managed by Sacklers' Summer Road

Sacklers' Summer Road is Bad for Ingles, Bad for the Communities We Serve, Bad for Shareholders, Bad for Associates and Bad for Customers Protect Your Investment The Ingles Board unanimously recommends that shareholders vote "FOR" only the Company's director candidates - Rebekah Lowe and Dwight Jacobs - on the WHITE proxy card TODAY

This communication includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, the Company's expected financial and operational results and the related assumptions underlying our expected results. These forward-looking statements are distinguished by use of words such as "anticipate," "aim," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "will," "would" and the negative of these terms, and similar references to future periods. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to, among other things: business and economic conditions generally in the Company's operating area, including inflation or deflation; shortages of labor, distribution capacity, and some product shortages; inflation in food, labor and gasoline prices; the Company's ability to successfully implement its expansion and operating strategies; pricing pressures and other competitive factors, including online-based procurement of products the Company sells; sudden or significant changes in the availability of gasoline and retail gasoline prices; the maturation of new and expanded stores; general concerns about food safety; the Company's ability to manage technology and data security; the availability and terms of financing; and increases in costs, including food, utilities, labor and other goods and services significant to the Company's operations. Detailed information about these factors and additional important factors can be found in the documents that the Company files with the SEC, such as Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements speak only as of the date the statements were made. The Company does not undertake an obligation to update forward-looking information, except to the extent required by applicable law. Additional Information This communication relates to the solicitation of proxies by Ingles Markets, Incorporated, a North Carolina corporation (the "Company") in connection with the Company's 2026 annual meeting of shareholders (the "Annual Meeting"). This is a contested solicitation. On April 1, 2026, the Company filed with the Securities and Exchange Commission ("SEC") and began mailing to shareholders of record as of March 12, 2026 a definitive proxy statement and WHITE universal proxy card in connection with the Annual Meeting. BEFORE MAKING ANY VOTING DECISION, SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ THE COMPANY'S DEFINITIVE PROXY STATEMENT, THE WHITE UNIVERSAL PROXY CARD, AND ANY OTHER PROXY MATERIALS FILED BY THE COMPANY WITH THE SEC, AS THEY CONTAIN IMPORTANT INFORMATION. Shareholders may obtain the Company's definitive proxy statement, the WHITE universal proxy card, any amendments or supplements thereto, and other relevant documents filed with the SEC free of charge at the SEC's website at www.sec.gov. Copies are also available free of charge on the Company's investor relations website under the "Corporate" tab at www.ingles-markets.com or by contacting Barbara Arnold at [email protected]. The Company, its directors, and certain of its executive officers and employees may be deemed to be "participants" in the solicitation of proxies from shareholders in connection with the matters to be considered at the Annual Meeting. Information regarding the identity of these participants and their direct or indirect interests in the solicitation is set forth in the Company's definitive proxy statement filed with the SEC on April 1, 2026, and may be supplemented in other materials filed with the SEC in connection with the Annual Meeting. Shareholders are urged to vote "FOR" the Company's director candidates by using ONLY the Company's WHITE universal proxy card. Using any other proxy card will revoke prior voting instructions. Forward Looking Statements

Ingles Markets Issues Presentation Detailing Material Information Summer Road and Rory Held Have Failed to Disclose to Ingles Shareholders, Including Risks Illustrated by Their Prior Involvement at Peak Resorts

Urges Shareholders to Vote "FOR" ONLY Ingles' Two Highly Qualified Independent Director Candidates - Rebekah Lowe and Dwight Jacobs - on the WHITE Proxy Card

ASHEVILLE, N.C. - April 10, 2026 - Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that it has issued a presentation in connection with its upcoming Annual Meeting of Shareholders ("Annual Meeting") scheduled to be held on April 30, 2026. The presentation details material facts that Sacklers' Summer Road LLC ("Summer Road") and its nominee Rory Held have failed to disclose to Ingles shareholders, including risks illustrated by their prior involvement with Peak Resorts.

The full presentation, along with other important materials for Ingles shareholders, can be found here.

Highlights of the presentation issued today include:

Sacklers' Summer Road and Rory Held Are Not Telling Ingles Shareholders the Full Truth About Their Involvement with Peak Resorts and the Damage They Caused

Reputational, Governance and Financial Risks Are Created by Associating with the Sacklers

The Sacklers Appear to Have Received Preferential Treatment at Peak Resorts ​While Their Employee Rory Held Served on the Peak Resorts Board

Summer Road's Investment in Peak Resorts Was All About Short Term Gain​ - Not Long-Term Stewardship

Rory Held's Experience is Inflated and His Record at Peak Resorts Shows He's No Champion of Good Corporate Governance

Ingles urges all Ingles shareholders to protect their investment by voting "FOR" only the Company's director candidates - Rebekah Lowe and Dwight Jacobs - on the WHITE proxy card. Only your latest-dated vote will count! 

Ingles' shareholders who have questions or require assistance voting their shares should contact Ingles' proxy solicitor, MacKenzie Partners, Inc.:

Call: 1-800-322-2885 (toll-free)

Email: [email protected]

About Ingles Markets, Incorporated

Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. At March 30, 2026, three of the four stores temporarily closed due to damage sustained in Hurricane Helene remained closed but are expected to reopen in 2026. In conjunction with its supermarket operations, the Company operates neighborhood shopping centers, most of which contain an Ingles supermarket. The Company also owns a fluid dairy facility that supplies Ingles supermarkets and unaffiliated customers. To learn more about Ingles Markets visit www.ingles-markets.com.

Important Additional Information

This communication relates to the solicitation of proxies by Ingles Markets, Incorporated, a North Carolina corporation (the "Company") in connection with the Company's 2026 annual meeting of shareholders (the "Annual Meeting"). This is a contested solicitation. On April 1, 2026, the Company filed with the Securities and Exchange Commission ("SEC") and began mailing to shareholders of record as of March 12, 2026 a definitive proxy statement and WHITE universal proxy card in connection with the Annual Meeting.

BEFORE MAKING ANY VOTING DECISION, SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ THE COMPANY'S DEFINITIVE PROXY STATEMENT, THE WHITE UNIVERSAL PROXY CARD, AND ANY OTHER PROXY MATERIALS FILED BY THE COMPANY WITH THE SEC, AS THEY CONTAIN IMPORTANT INFORMATION.

Shareholders may obtain the Company's definitive proxy statement, the WHITE universal proxy card, any amendments or supplements thereto, and other relevant documents filed with the SEC free of charge at the SEC's website at www.sec.gov. Copies are also available free of charge on the Company's investor relations website under the "Corporate" tab at www.ingles-markets.com or by contacting Barbara Arnold at [email protected].

The Company, its directors, and certain of its executive officers and employees may be deemed to be "participants" in the solicitation of proxies from shareholders in connection with the matters to be considered at the Annual Meeting. Information regarding the identity of these participants and their direct or indirect interests in the solicitation is set forth in the Company's definitive proxy statement filed with the SEC on April 1, 2026, and may be supplemented in other materials filed with the SEC in connection with the Annual Meeting.

Shareholders are urged to vote "FOR" the Company's director candidates by using ONLY the Company's WHITE universal proxy card. Using any other proxy card will revoke prior voting instructions.

Cautionary Note Regarding Forward-Looking Statements

This communication includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, the Company's expected financial and operational results and the related assumptions underlying our expected results. These forward-looking statements are distinguished by use of words such as "anticipate," "aim," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "will," "would" and the negative of these terms, and similar references to future periods. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to, among other things: business and economic conditions generally in the Company's operating area, including inflation or deflation; shortages of labor, distribution capacity, and some product shortages; inflation in food, labor and gasoline prices; the Company's ability to successfully implement its expansion and operating strategies; pricing pressures and other competitive factors, including online-based procurement of products the Company sells; sudden or significant changes in the availability of gasoline and retail gasoline prices; the maturation of new and expanded stores; general concerns about food safety; the Company's ability to manage technology and data security; the availability and terms of financing; and increases in costs, including food, utilities, labor and other goods and services significant to the Company's operations. Detailed information about these factors and additional important factors can be found in the documents that the Company files with the SEC, such as Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements speak only as of the date the statements were made. The Company does not undertake an obligation to update forward-looking information, except to the extent required by applicable law.

Contacts

Investor Contact

Pat Jackson, Chief Financial Officer

[email protected]

(828) 669-2941 (Ext. 223)

Media Contact

Eliza Rothstein / Zach Genirs

Joele Frank, Wilkinson Brimmer Katcher

(212) 355-4449

[email protected]