Gabon Special Economic Zone SA #37384

Gabon Special Economic Zone SA

Gabon Special Economic Zone (“GSEZ”), an associate of the Group, is reorganising its infrastructure and logistics business into three verticals - ARISE Port & Logistics (“ARISE P&L”), ARISE Integrated Industrial Platforms (“ARISE IIP”) and ARISE Infrastructure Services (“ARISE IS”). On 24 December 2019, as part of this re-organisation, the Company sold an effective equity interest of 10% in ARISE IIP business. Reduction of Olam’s effective interest in ARISE P&L from 40.5% to 31.0% as part of GSEZ’s re- organisation with infusion of additional capital by A.P. Moller Capital and AFC. Olam holds 40.49% in both ARISE Port & Logistics and ARISE Integrated Industrial Platforms.