"To build an ideal group" is our long term vision. In my opinion. "An ideal group" goes beyond quality products and good return for shareholders — it protects our planet, uplifts communities, and excels in governance. At Yihai Kerry Arawana, ESG is not just a response to investors’ concerns, but a shared mission embraced by every leader and employee.

In 2024, Yihai Kerry Arawana steadily advanced on its sustainable development journey. Amid growing challenges such as intensified global climate change, accelerated energy transition, and evolving consumer demands, we remained true to our founding vision of To Build an Ideal Group. With the spirit of "Progressing Together for Shared Benefit", we collaborated with partners across the industrial chain and stakeholders from all sectors to explore innovative pathways for sustainable development.

This year, we continued to deepen the integration of our ESG management system with business strategies, achieving steady progress in both environmental and social domains. Our efforts were highly recognized by international authorities. In the S&P Global Corporate Sustainability Assessment (CSA) 2024, we scored 68 points, marking our first inclusion in the global edition of the Sustainability Yearbook 2025 and earning the special distinction of "Industry Top Improver" in the global food sector. Among Chinese food industry participants, we rose to first place. Additionally, MSCI ESG Ratings  maintained our "A" rating for the second consecutive year, solidifying our leadership position in China's grain and oil food industry.

This year, we further demonstrated to society our commitment to achieving net-zero emissions. Following our 2023 announcement of the net-zero target, we anchored 2022 as the baseline year and developed a detailed "2050 Net-Zero Target  and Roadmap," which was officially released in December 2024. This made us the first company in China's grain and oil food industry to publish both net-zero targets and a roadmap. Moving forward, we will continuously upgrade production processes and business models in accordance with this roadmap to drive low-carbon and high-quality development across our industry.

This year, driven by innovation, we actively responded to the national initiatives and focused on the research and development (R&D) as well as the production of raw and auxiliary materials for big health food. Leveraging our advantages in the grain and oil food processing industry chain, we vigorously developed new quality productivity and transformed our food business from traditional nutrition to a higher level of preserving health with diet. We launched a series of foods that align with modern health concepts, such as mediumand long-chain triacylglycerol (MLCT) edible oil (MLCT), diacylglycerol (DAG), low GI rice and flour products, phytosterols, lecithin, plant proteins, and other dietary supplement products, meeting the individualized health needs of consumers.

We firmly believe that the value of a company lies not only in profit creation but also in giving back to society. We always adhere to a peopleoriented approach, striving to create a harmonious working environment for employees, from  ensuring occupational health and safety to establishing a comprehensive training system, demonstrating our full support of the growth of employees and humanistic care and value recognition. We also actively engage in public welfare and community building, exploring diverse assistance in areas such as education, disability assistance, and rural revitalization, integrating public welfare into corporate culture, and taking practical actions to undertake social responsibilities.

Standing at this new starting point, Yihai Kerry Arawana will continue safeguarding the health o f C h i n e s e c o n s u m e r s ' d i n i n g t a b l e s . W i t h technological innovation as our engine, green t r a n s f o r m a t i o n a s o u r p a t h w a y , a n d s o c i a l responsibility as our commitment, we will work in concert with partners to advance the grain and oil food industry toward greater efficiency, lower carbon emissions, and enhanced inclusivity—collectively shaping a sustainable future.

Yihai Kerry Arawana Holdings Co., Ltd.

Kuok Khoon Hong, Chairman