DKSH : and IP One Expand Exclusive Partnership to Bring High-Quality Drinking Yogurt Products to Cambodia

Media release

DKSH and IP One Expand Exclusive Partnership to Bring High-Quality Drinking Yogurt Products to Cambodia

Expanding the existing partnership with I.P. One, a leading FMCG company in Thailand, which first started last year, DKSH Cambodia will bring their signature IVY drinking yogurt to Cambodia. With this agreement, DKSH's Business Unit Consumer Goods further capitalizes its regional leadership position in the distribution of fast-moving consumer goods in Asia.

Cambodia, Phnom Penh, June 7, 2022 - DKSH Business Unit Consumer Goods, a leading partner for FMCG companies seeking to grow their business in Asia and beyond, has expanded the exclusive agreement with IP One Company Limited to include the distribution of their high-quality drinking yogurt under the brand IVY across Cambodia. IVY is a 100% natural UHT drinking yogurt made of delicately selected, good-quality ingredients from natural cow's milk and real fruit juices with vitamin C and multivitamins.

Last year, DKSH Cambodia partnered with IP One to bring their extensive high-quality household products categories of laundry detergents, fabric softeners, and floor cleaners under the brands HYGIENE, VIXOL, and WHIZ to Cambodia. With the new agreement, as their trusted and strategic partner, DKSH will now help IP One to grow its business of drinking yogurt under the brand IVY in Cambodia by providing full-agency services form marketing and sales to distribution and logistics.

Suvat Kovanitch, Head of International Business of IP One, commented: "After having partnered with DKSH Cambodia in 2021, it is a great opportunity to expand this trusted partnership for another product category. DKSH is the right partner for us to help establish, promote, and grow our products effectively in the Cambodian market. We are confident in DKSH's strong nationwide footprint, extensive distribution network, and experienced salesforce to further strengthen our brands' commercial presence and continued growth in this market."

Bishan Gautam, Vice President, FMCG Consumer Goods in Cambodia, said: "We are proud to be entrusted partner by IP One to expand our partnership to deliver growth for their drinking yogurt products in Cambodia. With our market insights, broad logistic network, more than 60 years of experience in Cambodia, and our excellent customer relationships in all retail channels across the country, we look forward to supportingIP One in expanding their brands. With this partnership, we will further capitalize on our regional leadership position in the distribution of fast-movingconsumer goods in Asia."

About IP One Company Limited

Founded in 1972, IP One has been operating in the business of manufacturing and distributing quality consumer products under our own brands - Hygiene, Vixol, Whiz, Dance, Focus and Ivy brands. With our philosophy and commitment to improving the quality of our consumers' life, we put our great passion and dedication into delivering insightful innovation and high-quality products at reasonable price for all consumer target groups. IP Groups of company has become one of the Thai companies that has won the hearts of consumers both in Thailand and international markets. We are highly committed to innovating passionately for the future of better living. www.iphouses.com

About DKSH

DKSH's purpose is to enrich people's lives. For more than 150 years, we have been delivering growth for companies in Asia and beyond across our Business Units Healthcare, Consumer Goods, Performance Materials, and Technology. As a leading Market Expansion Services provider, we offer sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. DKSH is a participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business. Listed on the SIX Swiss Exchange, DKSH operates in 36 markets with 33,100 specialists, generating net sales of CHF 11.1 billion in 2021. The DKSH Business Unit Consumer Goods focuses on fast moving consumer goods, food services, luxury goods, fashion and lifestyle products as well as hair and skin cosmetics. With around 19,880 specialists, the Business Unit generated net sales of CHF 3.8 billion in 2021. www.dksh.com/cg

For further information, please contact:

DKSH Cambodia Ltd.

Chanreasey Chum

Manager, Marketing & Communications Phone [phone] [e-mail]