Olam Group Limited appointed Yuji Tsushima as Non-Executive Director. Mr. Yuji Tsushima is nominated by Mitsubishi Corporation (MC) to replace Mr. Hideyuki Hori as a Non-Executive Director of the Company. Mr. Tsushima is currently the Division Chief Operating Officer (COO), Food Resources Division of MC and has held several senior level roles in MC for the last 30 years.

The Nomination and Remuneration Committee (NRC) reviewed the experience and skill set of the proposed nomination by MC, and opined that Mr. Tsushima will add to the collective wisdom of the Board. The Board concurred with the recommendation of the NRC. Job Title: Non-Executive Director Member, Sustainability Committee.

Working Experience: Mr. Yuji Tsushima is currently the Division Chief Operating Officer (COO), Food Resources Division of Mitsubishi Corporation. He joined Mitsubishi Corporation in 1993. He has played various managerial roles in Mitsubishi Corporation in Tokyo as well as in its overseas offices, including USA and Indonesia.

Other DirectorShips Past: 1. Kadoya Sesame Mills Incorporated 2. Mitsubishi Corporation Life Sciences Limited 3. Kewpie Malaysia Sdn. Bhd. 4. Nissin Foods (U.S.A) Co.

Inc. 5. YSW & Co. Ltd. 6. Shandong Luling Fruit Juice Co. Ltd. 7. Dan Kaffe (Malaysia) Sdn.

Bhd. 8. imperfect Inc. 9. Indo Nissin Foods Private Ltd. 10. Nissin Foods (Thailand) Co.

Ltd. 11. PT Nissin Foods Indonesia 12. PT.

MC Living Essentials Indonesia 13. Oriental Coffee Alliance Sdn. Bhd.

14. PT. Kaneka Foods Indonesia 15.

Ipanema Agricola S.A. 16. Ipanema Comercial e Exportadora S.A. 17. PT.

MCDelica Food Indonesia. Other DirectorShips Present: 1. MC Food Holdings Asia Pte. Ltd. (Managing Director) 2. Premier Foods Holding Pte.

Ltd. (Director) 3. Lluvia Limited (Director) 4. Aventine Limited (Director). Director Experience Details: Mr. Tsushima has not attended training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange. As part of the new director induction program, Mr. Tsushima will be briefed on the legal, regulatory and governance requirements as well as the duties of director.

He will also complete the prescribed mandatory training as specified under Practice Note 2.3 of the Listing Manual within one year from the date of his appointment to the Board. Professional Qualifications: Advanced Management Program, 2022 INSEAD Business School, Fontainebleau, France General Management Program, 2009 Harvard Business School, Massachusetts, USA B.A. Economics,1993 The University of Tokyo, Japan. The company announced the following changes to its Board Committees with effect from 4 March 2024: Mr. Hideyuki Hori, who stepped down as a Non-Executive Director of the Company, has relinquished his membership on the Board Steering Committee, and Nomination and Remuneration Committee.

Mr. Yuji Tsushima, who was appointed as a Non-Executive Director of the Company on 4 March 2024, has concurrently been appointed as a member of the Sustainability Committee. Mr. Shuji Kobayashi will relinquish his membership on the Sustainability Committee and replace Mr. Hideyuki Hori as a member of the Nomination and Remuneration Committee. The Board Steering Committee has been dissolved.

Consequent to the aforementioned changes, the list of the Board Committees, and its composition shall be as follows: Audit and Risk Committee: Mr. Yap Chee Keong (Chair) - Independent Non-Executive Director, Ms. Marie Elaine Teo - Independent Non-Executive Director, Mr. Nihal Vijaya Devadas Kaviratne CBE - Independent Non-Executive Director, Dr. Ajai Puri - Independent Non-Executive Director, Mr. Shuji Kobayashi - Non-Executive Director. Sustainability Committee: Mr. Nihal Vijaya Devadas Kaviratne CBE (Chair) - Independent Non-Executive Director, Ms. Marie Elaine Teo - Independent Non-Executive Director, Dr. Ajai Puri - Independent Non-Executive Director, Mr. Yuji Tsushima - Non-Executive Director, Mr. Sunny George Verghese - Executive Director, Co-Founder and Group CEO. Nomination & Remuneration Committee: Mr. Lim Ah Doo (Chair) - Independent Non-Executive Director, Mr. Yap Chee Keong - Independent Non-Executive Director, Dr. Joerg Wolle - Independent Non-Executive Director, Mr. Shuji Kobayashi - Non-Executive Director, Ms. Chan Wai Ching - Co-opted member.