Food Empire : Full Annual Report

FOOD EMPIRE HOLDINGS LIMITED | ANNUAL REPORT 2022	1

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03/01/2022

03/01/2023

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1	Our New Products	16	Market and Social
3	About Food Empire		Activities
20	Sustainability Report
4	Global Presence		Summary
6	Executive Chairman's	21	Corporate Governance
	Report
	Message
	45	Financial Contents
8	Group CEO's Message
10	Financial Highlights	138	Shareholders'
	Information
11	Operations and	140	Notice of AGM
	Financial Review		Proxy Form
13	Awards
	Corporate Information
14	Board of Directors

Mission Statement

We aim to be a leading global food and beverage company providing quality products and services. We will achieve this goal as we have the people, the passion and the enterprising spirit to make a difference.

2 EXPANDING OUR POSITION

TRAVELLER INFORMATION

ABOUT FOOD EMPIRE

HOLDINGS LIMITED

(BLOOMBERG CODE: FEH SP)

Food Empire Holdings, a publicly traded company listed on SGX Mainboard, is a global leader in branding and manufacturing in the food and beverage industry. With a portfolio spanning instant beverages, snack foods, and a growing presence in food ingredients, Food Empire's products are sold in over 60 countries across North Asia, Eastern Europe, South-East Asia, South Asia, Central Asia, Middle East, and North America. Supported by 8 manufacturing facilities in 5 countries and 23 offices worldwide, Food Empire is poised for even greater success.

Food Empire offers an enticing range of branded beverages and snacks, including classic and flavoured coffee mixes and cappuccinos, chocolate drinks, fruit-flavoured tea, bubble tea, instant cereal blends, and crispy potato snacks. Its food ingredients business features the finest freeze dry and spray dry instant coffee, as well as non-dairy creamer.

Food Empire owns a family of proprietary brands - including MacCoffee, CaféPHỐ, Petrovskaya Sloboda, Klassno, Hillway, and Kracks. MacCoffee - the Group's flagship brand - has been consistently ranked as the leading 3-in-1 instant coffee brand in the Group's core markets. The Group employs innovative brand-building activities, localised to match the flavour of the local markets in which its products are sold.

Since its public listing in 2000, Food Empire has won numerous accolades and awards including being recognised as one of the "Most Valuable Singapore Brands" by IE Singapore (now known as Enterprise Singapore), while MacCoffee has been ranked as one of "The Strongest Singapore Brands". Forbes Magazine has twice named Food Empire as one of the "Best under a Billion" companies in Asia and the company has also been awarded as one of Asia's "Top Brands" by Influential Brands.

Food Empire is dedicated to sustainability, as evidenced by the receipt of the Sustainability Award at the Securities Investors Association (Singapore) 20th Investors' Choice Award - and it also emerged as the winner of The Enterprise Award at the Singapore Business Awards 2020/2021.

For more information, please refer to: www.foodempire.com

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FOOD EMPIRE HOLDINGS LIMITED | ANNUAL REPORT 2022	3