KERRY GROUP PLC

Annual General

Meeting 2023

Shareholder questions received in advance of the AGM

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© Kerry 2023

Shareholder questions received in advance of the AGM

We received several questions in advance of the Annual General Meeting. These questions focussed on the topics of Kerry's strategy around food waste, gender diversity, responsible sourcing and management incentives. As outlined in the Notice of AGM these questions have been summarised and, together with their answers, are published below.

Questions in relation to Food Waste and Strategy

Answer

The management of food waste in the food and beverage industry has increased in importance in recent years as a key driver in achieving sustainability commitments, while also delivering cost savings across operations. Kerry has an industry-leading technology portfolio, which it has enhanced significantly in recent years, and is ideally placed to support customers in addressing these challenges and opportunities.

Questions in relation to Kerry's strategy in relation to Gender Diversity

Answer

Gender diversity is a key focus for Kerry at Board and management level. Kerry has an ambition to reach gender parity, which we are working towards achieving, while ensuring a balanced and appropriate skills base both at Board and management level.

Questions in relation to Responsible Sourcing and Management Incentives

Answer

Kerry has a broad range of sustainability targets across the areas of 'Better for People', Better for Society' and Better for Planet', which the Group has made significant progress towards in recent years. Within 'Better for Planet', responsible sourcing is a key element, which Kerry is committed to and progressing through a number of initiatives across our supplier base in conjunction with industry bodies where possible. The importance of sustainability is recognised within Kerry's overall remuneration framework, following feedback and consultation from stakeholders. Kerry continually engages with its shareholders for their feedback and perspectives, which are incorporated into reviews at Board and Board Committee level where appropriate.

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Kerry Group plc published this content on 27 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2023 11:00:03 UTC.