‫سوراب تشاندراكار يصدر بياناً رسمياً يوضح التضليل المحيط بنفقات الزفاف والادعاءات الأخرى

دلهي، الهند، 16 أكتوبر 2023:

في ضوء التقارير الإعلامية الأخيرة المحيطة بقضية تطبيق ماهاديف، يؤكد السيد سوراب تشاندراكار، رائد الأعمال الذي ينحدر من بهيلاي، تشاتيسجاره، أهمية التصدي للتضليل الفاضح والاتهامات التي لا أساس لها من الصحة الموجّهة إليه مؤخراً. باعتباره رجل أعمال متفانيًا يمتلك سجلاً لا تشوبه شائبة، فقد فوجئ السيد تشاندراكار بالادعاءات التي لا أساس لها فيما يتعلق بتورطه المزعوم في أنشطة غير مشروعة.

وخلافاً للتقارير المنحازة والمضخّمة، يشدد السيد تشاندراكار على أنّه قام بتمويل حفل الزفاف، الذي بلغت تكلفته حوالي 10 ملايين درهم إماراتي، من مستحقاته الداخلية ومدخّراته. وثمة سجلات دقيقة وموثقة تثبت مصادر دخله. والأخبار المتداولة التي تتشير إلى دفعه مبلغ ملياري روبية هندية نقدًا تثير الريبة. وفيما يتساءل عن إمكانية دفع مثل هذه المبالغ الطائلة نقداً، يبين تشاندراكار افتقار هذه المزاعم إلى الواقعية.

ويدحض السيد تشاندراكار ادعاءات بعض المصادر المتعلقة بالنفقات الباهظة المزعومة التي تكبّدها لتمويل حفل الزفاف. ويشير على وجه التحديد إلى أنّ منظمي فعاليات محترفين تولوا الإشراف على جميع النفقات المالية، وأنّه لم يدفع أي مبلغ مالي نقداً في أي مرحلة من مراحل التخطيط أو التنفيذ؛ والتلميح إلى خلاف ذلك هو محض تخمين ولا أساس له من الصحة. والمستندات والسجلات المالية التي هذه الحقائق وتبدد أي شك موجودة.  

علاوة على ذلك، يعتقد السيد تشاندراكار أنّ الإتيان على ذكر المشاهير في هذا الحدث كان مبالغًا فيه إلى حد كبير. ويشير إلى أنّ جميع من حضروا تمت دعوتهم من قبل الشركة المسؤولة عن تنظيم الحفل، مما سهّل حضورهم. ويحرص السيد تشاندراكار على التأكيد على أنّ الشركة اختارت جميع الفنانين حصريًا للمشاركة في الحفل وتقديم أدائهم. ولم تكن له أي تعامل مالي مباشر مع هؤلاء المشاهير، بحيث أتمت شركة تنظيم الفعاليات جميع المدفوعات بشفافية تامة عبر القنوات المصرفية القانونية.

وينفي السيد تشاندراكار بشكل قاطع أي ارتباط له مع تطبيق ماهاديف أو عملياته. ويشدد بحزم على أنّ الاتهامات التي تزعم أنه “المؤسس/المروج/المدير” لتطبيق ماهاديف تفتقر إلى المصداقية وهي خاطئة بشكل لا لبس فيه. بالإضافة إلى أنّ الادعاءات حول تورطه في 60 منصة خارجية غير مشروعة عارية تماماً عن الصحة.

ويواصل السيد تشاندراكار بحزم نفي أي ارتباطات مشبوهة له مع أفراد أو منظمات متورطة في أنشطة غير قانونية، مؤكداً أنّ ادعاءات مماثلة هي مجرد شائعات لا أساس لها من الصحة، وليست أكثر من “حكاية من نسج خيال” مروّجيها، معرباً عن استغرابه من مثل هذه الادعاءات.

ومن المهم أيضًا التأكيد أنّ السيد نشاندراكار لا صلة له بأي عمليات في باكستان أو سريلانكا أو نيبال، إذ إنّ مثل هذه الادعاءات كاذبة ومغلوطة، وتسعى إلى التشهير به وتفتقر إلى المصداقية. فالسيد تشاندراكار لم يسافر بتاتاً إلى أي من البلدان المذكورة آنفاً، والمزاعم بضلوعه في أنشطة غير مشروعة هي محض تجن وافتراء.

وختاماً، يحث السيد سوراب تشاندراكار وسائل الإعلام على التوقف عن نشر الشائعات المضللة والروايات المبالغ فيها التي من شأنها لا تشويه سمعته فحسب، بل زعزعة ثقة المواطنين بالصحافة المسؤولة أيضاً.

المصدر: “نيوزبيت واير”

جهات الاتصال:

سوراب تشاندراكار

البريد الإلكتروني: Sourabh@empireone.ae

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/56d1e182-24c5-4c3c-8148-43e700c2dfb9 

Mr. Saurabh Chandrakar Photo

Mr. Saurabh Chandrakar (Photo: NewsBeatWire)

GlobeNewswire Distribution ID 300920325

Bombardier Ramps Up Second Test Phase of EcoJet Research Project, Sees 18-Foot-Wide Prototype Flying

Bombardier’s EcoJet family of Blended Wing Body (BWB) test vehicles

Bombardier Ramps Up Second Test Phase of EcoJet Research Project, Sees 18-Foot-Wide Prototype Flying

  • Bombardier solidifies its leadership position in sustainable aviation and continues its industry-defining work on the EcoJet research project by ramping up the second phase of testing
  • As part of this new stage of the EcoJet research project, Bombardier is flying an 18-foot-wide test vehicle designed as a blended wing body (BWB) aircraft
  • Bombardier’s engineering team explores the BWB aircraft configuration and new technologies to reduce business jets emission by up to 50%

LAS VEGAS, Oct. 16, 2023 (GLOBE NEWSWIRE) — Bombardier today unveiled exclusive images of its EcoJet research project’s second test phase to the attendees of NBAA-BACE 2023. The promising flight tests were conducted with an 18-foot-wide demonstrator and have generated important results, contributing to the advancement of this pivotal project.

Bombardier’s EcoJet research project aims to reduce aircraft emissions by up to 50% through a combination of aerodynamic, propulsion and other enhancements. EcoJet is a sustainability-focused research and technology initiative which started 15 years ago. This project has successfully materialized into a family of Blended Wing Body (BWB) test vehicles, with flight tests being conducted to develop and mature relevant technologies. The analysis of the data gathered from the 18-foot-wide prototype will allow Bombardier’s engineering team to perfect its knowledge of new aviation control laws that are adapted to the radically different BWB geometry, bound to be applied to more sustainable, future business aircraft.

“Our engineers are eager to start working with the results yielded by this second phase of the flight test program,” said Stephen McCullough, Senior Vice President of Engineering and Product Development. “Building on the significant data drawn from the initial flight-testing phase, and now leveraging a model twice as large as the first prototype, we can further refine our analysis. With each additional experimental stage, we are paving the way for more sustainable aircraft designs and new technologies.’’

Flight campaigns on scaled test vehicles allow the organization and its academic partners to explore the behavior of BWB designed vehicles in free flight. Comprised of several free-flight campaigns, the flight-testing program will be held over multiple years to generate increasingly precise data in real-world, representative environments.

The 18-foot-wide prototype of Bombardier’s EcoJet research project has flown for the first time in 2022 and can fly autonomously. Bombardier’s Research and Technology team has started testing real life feasibility of their theoretical work back in 2017 with the first prototype, which had a wingspan of approximately 8 feet. While laying the foundation for more sustainable business jets, Bombardier will also leverage its EcoJet prototypes to continue creating incredible customer experience.

About Bombardier

Bombardier (BBD-B.TO) is a global leader in aviation, focused on designing, manufacturing, and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in government and military special-mission roles leveraging Bombardier Defense’s proven expertise.

Headquartered in Greater Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and Australia.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, as well as the company’s plans to cover all its flight operations with Sustainable Aviation Fuel (SAF) utilizing the Book and Claim system visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on X (Twitter) @Bombardier.

Visuals related to Bombardier’s announcements at NBAA are available here: https://bombardier.mediavalet.com/portals/NBAA2023

For Information

Marie-Andrée Charron
Representative, Public Relations and Medias
Bombardier
+1 514-441-2598
marie-andree.charron@aero.bombardier.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f9334ce-4557-432e-9606-99bb696ad210

GlobeNewswire Distribution ID 8949884

Official Statement: Saurabh Chandrakar Clarifies Misinformation Surrounding Wedding Expenses and Other Allegations

Mr. Saurabh Chandrakar Photo

Mr. Saurabh Chandrakar (Photo: NewsBeatWire)

DELHI, India, Oct. 16, 2023 (GLOBE NEWSWIRE) — In light of recent media reports surrounding the Mahadev App case, Mr. Saurabh Chandrakar, an entrepreneur hailing from Bhilai, Chhattisgarh, finds it imperative to address the glaring misinformation and unfounded accusations that have surfaced. As a dedicated businessman with an unblemished record, Mr. Chandrakar has been taken aback by the baseless claims regarding his alleged involvement in illicit activities.

Contrary to sensationalized reports, Mr. Chandrakar vehemently asserts that the entire wedding ceremony, costing around AED 10 million, was entirely funded by his internal accruals and savings. Meticulous well-documented records substantiating the sources of his income are available. Circulating news suggesting a payment of INR 200 Crores in cash raise incredulity, and while Mr. Chandrakar questions the feasibility of such an enormous cash transaction, he emphasizes the lack of practicality of such claims.

Mr. Chandrakar refutes claims about the alleged extravagant expenses reported by certain sources. He specifically indicates that all financial aspects of the event were overseen by professional event managers, and no cash transactions were involved at any stage of the planning or execution; to insinuate otherwise is purely speculative and unfounded. Documents and financial records are available to substantiate these facts, providing clear evidence that dispels any notions of impropriety.

Furthermore, Mr. Chandrakar firmly believes that the mention of celebrities at the event was grossly exaggerated. He indicates that all those who attended the wedding were engaged by the event management company, which facilitated their attendance. Mr. Chandrakar is also keen to emphasize that all artists were hired by the company exclusively to attend and perform at the event. There were no direct financial transactions between Mr. Chandrakar and these celebrities, as all payments were processed in complete transparency through the event management company, via legal banking channels.

Mr. Chandrakar strongly asserts no association with the Mahadev App or its operations. Accusations depicting him as the “Founder/Promoter/Director” of the Mahadev App lack credibility and are unequivocally false. Additionally, claims about his involvement in 60 illicit offshore platforms are baseless and entirely unsubstantiated.

Mr. Chandrakar vehemently denies any suspicious connections with individuals or organisations that participate in unlawful activities. Any similar allegations are merely rumours, completely baseless, and nothing more than ‘a figment of imagination.’ He strongly expresses astonishment at such allegations.

It is also imperative to clarify that there are no operations in Pakistan, Sri Lanka, or Nepal associated with Mr. Chandrakar. Such claims are entirely false and defamatory, lacking any shred of truth. Mr. Chandrakar has never travelled to these countries, and any claims of his alleged participation in illicit activities in these regions lack any foundation and completely slanderous.

Mr. Chandrakar earnestly urges media outlets to cease spreading unfounded rumours and sensationalized and exaggerated stories that not only tarnish his reputation but also erode public trust in responsible journalism.

Source: Newsbeatwire

Contacts:
Saurabh Chandrakar

Sourabh@empireone.ae

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/56d1e182-24c5-4c3c-8148-43e700c2dfb9

GlobeNewswire Distribution ID 1000864407

Nuvei and Esenda partner to launch online payments for education providers

Nuvei and Esenda’s market-leading technology is enabling schools to accept online transactions, in many cases for the first time

MONTREAL and DUBAI, Oct. 16, 2023 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), and Esenda, a leader in school fee management in the independent school market, announce today that they have partnered to launch an online Tuition Fee Collection and Income Management Platform.

Integrating Nuvei’s sophisticated payment technology with Esenda’s comprehensive fee management platform offers education providers a groundbreaking solution that not only increases efficiency but also significantly enhances security.

Payments can be made online for tuition fees, corporate debentures, extra-curricular activities, and additional student-related fees. In addition to card payments, an education provider’s single integration with Nuvei and Esenda enables it to offer every relevant global alternative payment method to its students and their families, no matter where they are located.

Nuvei’s fully customizable, modular technology stack also includes additional services to optimize payments performance. These include superior risk management, enhanced reconciliation, customer authentication compliance tools, and payment orchestration with unified reporting and data visibility to maximize operational efficiency and enhance control.

Esenda’s system enhances fee collection by integrating with a school’s financial systems. It offers features such as real-time invoice tracking, automated reconciliation, reminders for late payments, and easy report generation, significantly improving fee management efficiency.

Nuvei Chair and CEO Philip Fayer commented on the announcement: “Consumer expectations have changed when it comes to the convenience of making payments online in all areas of their lives, and education providers cannot afford to fall behind. Enabling education providers to upgrade their student experience by making tuition and day-to-day payments simple and convenient is a great example of the role payments can play in building customer relationships in any sector.”

Bertie Simpson, Esenda’s CEO quoted: “Partnering with Nuvei transforms how schools manage payments, making it seamless and secure. Gone are the days of parents having to drive to schools and line up to pay tuition. Now, everything can be handled online, bringing convenience to schools and families.”

The partnership is already live with one of the largest educational providers in Dubai, enabling the school to accept global payments, including card payments from all major issuers in the region, online for the first time.

About Nuvei 

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 47+ markets, 150 currencies and more than 600 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.

For more information, visit www.nuvei.com

NVEI-IR

Alex Hammond
Nuvei
alex.hammond@nuvei.com

Investor Relations
Nuvei
IR@nuvei.com

GlobeNewswire Distribution ID 8949820

Crurated Announces Exclusive Availability of Vintage Collection Wines from Domaine Robert Groffier for Both Private Buyers and Restaurants Globally

Crurated Announces Exclusive Availability of Vintage Collection Wines from Domaine Robert Groffier for Both Private Buyers and Restaurants Globally

Crurated, the London-based membership wine community designed to connect connoisseurs with world-class producers, announces the availability of vintage collection wines from Domaine Robert Groffier. The collection will be sold exclusively to members of the Crurated community and will be available globally for private buyers and restaurants. The Groffier family are among the best winemakers in the Côte de Nuits. Originally founded by Robert Groffier’s father, Jules in the 1950s, the Domaine is now run by Robert’s grandson, Nicolas Groffier and his wife, Céline. For more information on membership and purchasing opportunities visit www.crurated.com.

LONDON, Oct. 16, 2023 (GLOBE NEWSWIRE) — Crurated, the London-based membership wine community designed to connect connoisseurs with world-class producers, announces the availability of vintage collection wines from Domaine Robert Groffier. The collection will be sold exclusively to members of the Crurated community and will be available globally for private buyers and restaurants. The Groffier family are among the best winemakers in the Côte de Nuits. Originally founded by Robert Groffier’s father, Jules in the 1950s, the Domaine is now run by Robert’s grandson, Nicolas Groffier and his wife, Céline. For more information on membership and purchasing opportunities visit www.crurated.com.

Groffier and Crurated are also partnering to distribute the unique Groffier Collection as Magnums and beyond. The NFT technology from Crurated and gold capsule bottle toppers from Domaine Groffier offer the best insurance signifying authenticity for bottles directly from the Domaine.

The vintage collection on Crurated consists of the following lots:

  • Vertical selection of Les Amoureuses (2016-2021) which is considered among the finest terroir in Côte de Nuits
  • Horizontal selection from some of the finest terroirs in France from 2009
  • Magnums and bottles from the Groffier private cellar representing every decade since 1970
  • A fabulous Vertical of Chambertin Clos Magnum 1997-2008

The Gold Capsule on vintage bottles of wine signifies provenance.

This opportunity starts October 16, 2023, and these one-in-a-lifetime wines will be offered to Crurated members through private sale.

Crurated Announces Exclusive Availability of Vintage Collection Wines from Domaine Robert Groffier for Both Private Buyers and Restaurants Globally

Crurated, the London-based membership wine community designed to connect connoisseurs with world-class producers, announces the availability of vintage collection wines from Domaine Robert Groffier. The collection will be sold exclusively to members of the Crurated community and will be available globally for private buyers and restaurants. The Groffier family are among the best winemakers in the Côte de Nuits. Originally founded by Robert Groffier’s father, Jules in the 1950s, the Domaine is now run by Robert’s grandson, Nicolas Groffier and his wife, Céline. For more information on membership and purchasing opportunities visit www.crurated.com.

“Offering wines from our vintage collection through the use of NFTs and blockchain technology is a unique and very novel way to ensure provenance and that the wines are coming directly from the cellar where they have been aging since bottling,” said Nicolas. “We always try to find the best and most direct way to get our wines to consumers and restaurateurs and our partnership with Crurated delivers on this promise.”

“Nicolas takes quality very seriously and has taken it to an unprecedented level while focusing on innovation and also remaining loyal to the traditions passed down for generations,” said Alfonso de Gaetano, CEO & Founder of Crurated. “We continue to create exclusive partnerships with producers that further elevate the benefits we offer to our members. We are honored to have the chance to offer this collection and work with Nicolas and his team.”

Each bottle will be accompanied with an NFT. Recorded forever on the blockchain, the NFT will verify the authenticity of the bottle and provide other important details including provenance, ownership history, vintage, vineyard location, varietal, and other key details. The NFTs are easily accessible by tapping on an NFC or RFID enabled phone. The bottle history is also updated via a new blockchain recording anytime the wine is resold and the token moves from one client to another.

About Crurated
Founded in 2021, Crurated is the first blockchain-based, online wine community that certifies the provenance of every bottle it sells with an NFT. The team is passionate about curating opportunities for members to purchase rare wines directly from the domaine where they were produced. Labels including Charles Lachaux, Domaine Arnoux-Lachaux, and Robert Groffier have signed exclusive distribution deals with Crurated with more to come. Members can also interact with partner winemakers at private events, along with celebrated chefs, in stunning locations all over the globe. In the future, Crurated will be expanding its product offering into other luxury segments and metaverse-driven technology. For more information visit www.crurated.com.

PR Contact
Michael Volpatt
Michael@larkinvolpatt.com
415.994.8864

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GlobeNewswire Distribution ID 8949382

olam food ingredients (ofi) marks dairy milestone adding manufacturing capacity to meet the needs of customers across the Middle East and Africa

Through commissioning a new milk powder dryer and gravity flow production system, ofi remains laser focused on servicing customers across the Middle East and Africa

SINGAPORE – EQS Newswire – 16 October 2023 – Expands plant facility & strengthens capabilities of Ingredient Excellence Center in Malaysia; New category labs with state-of-the-art R&D equipment enabling production teams to refine and develop customizable food and beverage solutions tailored to local requirements; ofi (www.ofi.comto showcase new products and innovation offering at Gulfood Manufacturing, Dubai, anchored by Malaysia expansion and new dairy production plant in New Zealand.

ofi, a global leader in naturally good food and beverage ingredients, has increased its ingredient manufacturing footprint by adding significant capacity to its dairy production facility in Johor, Malaysia. Through commissioning a new milk powder dryer and gravity flow production system, ofi remains laser focused on servicing customers across the Middle East and Africa.

Sandeep Jain, Managing Director and CEO, Dairy, at ofi commented: “The demand for nutrition-rich functional dairy ingredients continues to grow at pace across the Middle East & Africa and these new capabilities enable us to co-create products that are focused on health, taste and convenience. With food safety and operational excellence at the core of the plant design, we’re ensuring consistent product quality and stability. We’re excited to now offer customers in the region even more exciting innovation-led opportunities.”

The enhancements to the Johor processing facility’s capabilities will strengthen the production volume of functional dairy ingredients and fat filled milk powder made per year, in turn enabling ofi’s customers to formulate innovative applications at scale. In addition, the expanded integrated dairy Ingredient Excellence Center (“IEC”) has new laboratory spaces with state-of-the-art research and development equipment dedicated to supporting customers seeking a customizable, tailored and cost-efficient approach to application solutions in beverages, bakery and frozen dairy desserts.

Local customers across the region will also benefit from ofi’s deep working knowledge of nuanced consumer trends. An example from Senegal where local ofi teams worked in close collaboration with yogurt producers, building their understanding around the differing priorities from yield to viscosity and color, highlights the differentiated offering that ofi delivers for its customers. These insights were then shared with research and development teams at the Malaysia plant to refine and develop customizable food and beverage solutions tailored to local market requirements. Added to this are the technological developments resulting from the installation of a new gravity flow production system at the plant. The new system allows for less powder particle breakage and leads to improved wettability and solubility of the end product.

ofi will be presenting at Gulfood Manufacturing – Dubai, between 7th to 9th November, engaging regional customers about the enhanced dairy production capabilities from the Malaysia plant along with the upcoming opening of the new dairy processing plant in the heart of New Zealand’s dairy region, producing whole milk powder and other high-value dairy ingredients. It will also be a chance to spotlight innovative beverage and bakery product applications along with a range of milk applications made from ofi’s fat filled milk powder.

Shashi Sharma, Regional Sales Manager for Africa, Dairy, at ofi commented: “The expanded capabilities and enhanced facilities at our Malaysia dairy plant speaks directly to our aim of becoming a more customer-centric organization, providing a customizable approach across each of the markets in which we operate across Africa. Our signature Lactorich range of dairy solutions continue to transform the way consumers experience this healthy and nutritious product. In East Africa, we’re providing customers with a milk powder called Vers that is robust and both coffee and tea-stable, offering optimized performance in functionality, value and taste, helping our customers create better dairy products with no added flavors. We’re also delighted to be showcasing yogurts made from our Lactorich Pluz powder at Gulfood Manufacturing next month, a cost-effective and high yield product that has been developed to suit the requirements of customers, particularly across West African markets.”

Zakariae Bensouda, Regional Sales Manager for the Middle East, Dairy, at ofi commented: “The new facilities both complement ofi’s existing global footprint and also strengthen our co-creation capabilities across the region, with the plant strategically located to continue to serve Middle East based customers in creating their next delicious and nutritious product for consumers. Lactorich Prime is a versatile milk powder that can replace whole milk powder across a variety of applications, serving customers across a range of Middle Eastern markets. It is a premium, clean label product, developed using natural ingredients that has been tailored to meet taste and texture needs of consumers across UAE, Saudi Arabia and Oman.”

Sustainability is also a central component of the plant design. It uses solar power, rainwater harvesting and operates at a high efficacy rate with strong energy and water consumption practices, with close to zero raw material wastage.

Gulfood Manufacturing

  • ofi Dairy Stand No. B8-38 (Hall 8, Dubai WTC)

 

About ofi:
olam food ingredients (“ofi”) is a new operating group born out of Olam (www.OlamGroup.com). ofi offers sustainable, natural, value-added food products and ingredients so that consumers can enjoy the healthy and indulgent products they love. It consists of industry-leading businesses of cocoa, coffee, dairy, nuts, and spices. ofi has built a unique global value chain presence including its own farming operations, farm-gate origination, and manufacturing facilities. ofi partners with customers, leveraging its complementary and differentiated portfolio of ‘on-trend’ food products, to co-create solutions that anticipate and meet changing consumer preferences as demand increases for healthier food that’s traceable and sustainable.

To subscribe to the ofi newsroom, please visit News & Events (https://apo-opa.info/3M4lp90) [privacy statement here (https://apo-opa.info/46w9ARm)]. If you do not wish to receive information from ofi please contact media@ofi.com.

Follow @ofi-group (apo-opa.info/3QeBY4F)

About Olam Group:
Olam Group is a leading food and agri-business supplying food, ingredients, feed and fibre to 20,900 customers worldwide. Its value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a global network of farmers. By re-imagining global agriculture and food systems, Olam Group aims to address the many challenges involved in meeting the needs of a growing global population, while achieving a positive impact for farming communities, our planet and all our stakeholders.

Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Since June 2020, Olam Group has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds.

More information on Olam can be found at www.OlamGroup.com

Follow @olam (apo-opa.info/3QeBY4F)

This announcement does not constitute or form part of an offer for sale or solicitation of an offer to purchase or subscribe for securities in the United States, Canada, Australia, South Africa, Japan or any other jurisdiction and the securities referred to herein have not been registered under the securities laws of any such jurisdiction. The ordinary shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold, directly or indirectly, in the United States, absent registration under or an exemption from, or transaction not subject to, the registration requirements of, the Securities Act. No public offering of securities is being made in the United States or in any other jurisdiction.

Contacts for ofi corporate communications:
Nick Viner
Head of Media, ofi
nick.viner@ofi.com
+44 (0)7721 160645

James Loo
Communications Manager, APAC, ofi
james.loo@ofi.com
+65 6317 9453