FOR IMMEDIATE RELEASE

News Release

Wilmar Retains Position in FTSE4Good Index Series

Singapore, 8 August 2022 - Wilmar International Limited (Wilmar), a leader in the agricommodity sphere, has retained its position in the semi-annual review of the FTSE4Good Index Series with further improved ratings.

Wilmar's Environmental, Social and Governance (ESG) rating improved to 3.8 out of 5.0, with an increased percentile rank of 86% in the latest June 2022 review, from a rating of 3.7 and a percentile rank of 84% in December 2021. Wilmar performed well above the average score for all evaluation topics in the Governance pillar, in addition to performing above average for the Environmental and Social pillars.

Jeremy Goon, Chief Sustainability Officer for Wilmar said, "We are once again honoured by our ongoing inclusion in the FTSE4Good Index Series, which recognises our commitment and efforts towards delivering our ESG performance. The gradual increase in our rating and ranking, which was largely driven by progress in our labour standards, social supply chain and customer responsibility, reflects our ongoing efforts to improve and strengthen our ESG commitments".

"Our journey in sustainability is ongoing, and we appreciate such recognition as it assures us that we are still on the right track", he further added.

The FTSE4Good Index Series measures the performance of companies demonstrating strong ESG practices and is used by a wide variety of market participants to create and assess responsible investment funds and other products.

Wilmar was independently assessed using a variety of indicators that include climate change, health and safety, corporate governance, anti-corruption, supply chain, labour standards and risk management.

Wilmar is also included in the Dow Jones Sustainability Indices (DJSI) World Index as well as the DJSI Asia Pacific Index1. Additionally, Wilmar ranked number one in the 2021 assessment by the Sustainable Palm Oil Transparency Toolkit (SPOTT), which was developed and is managed independently by the Zoological Society of London (ZSL)2.

  1. https://media-wilmar.todayir.com/202011171136571726426731_en.pdf
  2. https://www.wilmar-international.com/docs/default-source/default-document-library/sustainability/pr---top-ranks-for-wilmar-in-2021-spott- assessment.pdf?sfvrsn=6c5a2b41_2

ABOUT WILMAR'S SUSTAINABILITY

As a leading agribusiness group, Wilmar recognises that we have a fundamental role to play in developing quality products required by the world while ensuring we have a responsible and sustainable manner of production. We adopt a holistic approach to sustainability that is fully integrated with our business model.

Guided by the philosophy that our business must enhance stakeholder value while minimizing our environmental footprint, our business practices are aligned with universally acceptable social and environmental standards. Wilmar's No Deforestation, No Peat, No Exploitation1 (NDPE) Policy and NDPE Sugar Policy2, introduced in 2013 and 2021 respectively, underpin our aspiration to make a positive impact and drive transformation across the palm oil and sugar sectors.

For more information, please visit www.wilmar-international.com/sustainability.

MEDIA CONTACT

Vathani Panirchellvum

Sustainability Communications

vathani.panirchellvum@my.wilmar-intl.com

  1. https://www.wilmar-international.com/docs/default-source/default-document-library/sustainability/policies/wilmar-ndpe-policy---
    2019.pdf?sfvrsn=7870af13_2
  2. https://www.wilmar-international.com/docs/default-source/default-document-library/sustainability/policies/ndpe-sugar- policy.pdf?sfvrsn=9367bb03_2

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Wilmar International Limited published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 09:43:04 UTC.