GraceKennedy – Share Buy Back: March 1, 2024

• March 7, 2024
• 9:05 am

GraceKennedy Limited (GK) has advised that the Company repurchased 236,014 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.

Date of Purchase	No. of Shares	Price
1-Mar-24	377	TT$ 3.98
1-Mar-24	184,955	TT$ 3.98
1-Mar-24	50,682	JM$75.00
Total	236,014

The Company further advises as follows:

1. The purpose of the purchase - To enhance shareholder value
2. The maximum intended repurchase - Up to 1% of the shares in issue (approximately 9,950,000 shares). The actual number of shares repurchased as at March 1, 2024 is a total of 1,025,738 shares
3. The effective date of the purchase - Per table above
4. The source of funding of the purchase - The Company's cash flows
5. The method of effecting the purchase - On the open market via our brokers