Investor Presentaiton

DEPARTME 1898 OF AGRICU Country Perspective on the Future Situation ⚫ The cornerstone of a decision for approval and issuance of a biosafety permit for direct use as food and feed or for processing is a food safety or risk assessment conducted in accordance with internationally accepted principles and practices • The regulatory framework of the Philippines adopts a zero- tolerance policy for unapproved events. ⚫ The Department to put in place a response system for future LLP incidents by adopting Annex 3 to the Codex Plant Guideline for the conduct of food safety assessment in situations of low-level presence (DA AO 01 S. 2009) and by continuously working on the rules and regulations to implement Annex 3

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