Vinda Environmental, Social & Governance Report

Revenue by Channels China e-commerce contributed 46% of China revenue 36% 27% 29% 31% 2020 2019 13% 25% 15% 24% • Traditional channels (i.e. Distributors) . B2B (i.e. Corporate client) . • . Key accounts (i.e. Hypermarkets, Supermarkets) E-commerce • Vinda Strong growth in e-commerce Good recovery of offline channels in Q4 5

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