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Investor Presentaiton

Covid-19 Impact Supply and Operations JAPFA As Japfa supplies about 20-25% of animal protein foods in many countries where we operate, we play an essential role in supplying staple foods. As such, the impact of Covid-19 on our operations has not been material and we continue to run our farms and feed mills safely. However disruptions in global logistics translated into higher costs of raw materials. 10,000 Demand Poultry Indonesia - ■ Broiler and DOC prices dipped in 2Q2020 and 3Q2021 due to lower demand caused by Covid-19 movement restrictions and lockdowns. In 2022 Covid-19 continues to impact demand and prices for poultry. ■ Government initiatives to manage demand and supply of DOC, helped stabilise poultry prices. 8,000 6,000 4,000 2,000 1. Average monthly prices of West Java, based on market data collected by the Company Broiler prices refer to prices of live birds in the weight range of 1.6 kg to 1.8 kg. LHS and RHS refer to IDR price per bird. 2. DOC refers to day-old-chicks. Sep Oct ΛΟΝ Dec Jan Feb Mar Apr May 2021 Aug Sep Oct Average Monthly Prices of Broiler & DOC1 2022 DOC (LHS) Broiler (RHS) 2023 23 23 May Jun Jul Aug Sep 5,000 25,000 20,000 15,000 10,000
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