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Investor Presentaiton

FMN Focus on Sustainability Continued focus in providing daily nourishment for Nigerian families for over 60 years Food and Agro-Allied Group Maiden Sustainability Report Packaging and Waste Management . • • Reduced the negative environmental impact of our packaging by using general petrochemical based polypropylene packaging materials Proper disposal of waste by licensed vendors Recycled an average of 1.12% of fine flour input for offal production Installed water treatment plant with daily capacity of 250 cubic meters at the Golden Penny Pasta division Biodiversity • Constructed production plants to minimize energy utilization for stock material movement Dust generation from production is kept in check using high-tech filter-bag mechanisms and pneumatic fans Reduce pests by ensuring minimal spillage, improved processes, and use of preventative measures pest Energy Efficiency • Installed two 15 megawatts dual fuel turbines enhanced with heat recovery steam capability to save energy The Sugar business rolled out Energy management system in line with ISO 50001:2018 to ensure more cost-effective use of energy sources Power bank installed at the cassava processing plant to reduce diesel expenses Community Development FMN invested in the following projects to address community needs: - Renovation of the Food Technology Department at Yaba College of Technology, Lagos State Constructed the Vocational Centre for Special Needs Children at Methodist Primary School, Арара Established Flour Mills Food Research Centre in partnership with the University of Ibadan Refurbished the Dental Clinic at the College of Medicine, University of Lagos FLOUR MILLS OF NIGERIA PLEINVESTOR PRESENTATION-FULL YEAR 2021 FMN FMN 2019/2020 SUSTAINABILITY REPORT Feeding the Nation & Enriching Lives Through Sustainable Operations 28
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