Investor Presentaiton

ANNUAL REPORT 2020 Accelerating Dairy Development for Sustainable Dairy Growth In 2020, FrieslandCampina Dairy Development Programme (DDP) engaged in massive mobilization and sensitization of over 1000 farmers on Good dairy farming practises therefore proficiently intergrating them into FrieslandCampina dairy development supply chain. As safety is top priority, Covid-19 trainings were conscientiously carried out in all milk collection centers (MCC) and other DDP locations. Farmers were continuously trained to strengthen their capacity in every aspect of good dairy farming to improve productivity and milk quality. These stringent trainings translated to the DDP recording the highest daily volume ever collected (40000L) and a significant improvement in productivity. Pasture Cultivation, Preservation and other infrastructure in Bobi As a result of the Company's DDP expansion to the North, the business continued to invest in pasture management and conservation as well as the procurement of required equipment and facilities for the harvesting, processing and preservation of pasture. Provision of more solar powered boreholes was delivered in over 20 communities for household usage. Capacity development is ongoing on every aspect of pasture development as well as construction of suitable hay barn, cow shed, earth dam and training hall. "In 2020, the Dairy Development Programme recorded the highest daily volume ever collected." Youths and Women Development Household empowerment most especially, youths and women, was one of the prioritised programmes implemented in the year under review. The empowerment focused on the women by supporting them through the sales of the Company's products. Women Empowerment training Genetic Upgrade Breed improvement is critical to the development of local milk sourcing in Nigeria. Therefore, the DDP intensified engagement on breeding with dairy farmers to improve animal productivity and adaptability. Support to Smallholder Dairy Farmers 20 small holder dairy farmers were adequately supported with farm inputs like seeds, fertilizers, cow barn, boreholes and farm implements like: tractors, harrows, levelers, boom sprayers, hale baler, silage shoppers, etc. They were also supplied with crossbreds as well as specialist capacity development to enable them carry out efficient and sustainable dairy farming system in all aspects. Genius farm, Iseyin MCC Operator fully kitted for daily milk collection Farmer's training 108 TOYOTA Farmer's training hall Hay production with hay baler at Bobi, Niger State FrieslandCampina WAMCO Nigeria PLC F1 crossbred calf Construction of Milk Collection Centers A total of 20 milk collection centers were constructed to expand milk collection activities in: Oyo, Ogun, Osun and Niger States. While a new milk collection centre is being constructed in Ilorin, Kwara State to further boost milk collection in the state. Newly constructed MCC at Bobi, Niger State FrieslandCampina WAMCO Nigeria PLC Stakeholders Engagement DDP partners from government including Niger State Governor, officials of Central Bank of Nigeria and Federal Ministry of Agriculture and Rural Development visited various DDP sites to inspect progress. DDP GM Meeting with Kwara State Officials 109

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