and given the restrictions on attendance, shareholders are strongly encouraged to appoint the chairman of the meeting 
as their proxy rather than a named person who will not be permitted to attend the meeting. 
 
b) encouraged to submit ahead of the meeting any questions for the directors, together with the name of the submitting 
shareholder (and, if different, the name of the registered shareholder as it appears on the company's register of 
members) to the following email address: AGM2021@rea.co.uk so as to be received by no later than 5.00 pm on 7 June 
2021. Shareholders are directed to the notes pages of the notice for guidance on members' rights to ask questions and 
when the company will cause them to be answered. 
 
The company: 
 
a) has arranged for shareholders to be able to listen to the live proceedings of the meeting via an audio webcast 
available to shareholders via the internet. Shareholders are advised to check the home page of the group's website at 
www.rea.co.uk for details of how to access the AGM webcast. Please note that shareholders will not be able to actively 
participate in the meeting by voting on the resolutions during the webcast. Accordingly, and as noted above, 
shareholders are encouraged to vote on the resolutions and to submit questions in advance of the meeting, although 
questions may also be submitted via the webcast during the meeting; and 
 
b) will continue to closely monitor the situation in the lead up to the meeting and will make any further updates about 
the meeting on the home page and the Investors section (under Regulatory news) of the group's website at www.rea.co.uk. 
Shareholders are accordingly requested to watch the group's website for any such further updates. 
 
The health and wellbeing of the company's shareholders, directors and employees, is of paramount importance and the 
company shall take such further steps in relation to the meeting as are appropriate with this in mind. 
 
The directors and the chairman of the meeting and any person so authorised by the directors reserve the right, as set 
out in article 67 in the company's articles of association, to take such action as they think fit for securing the 
safety of people at the meeting and promoting the orderly conduct of business at the meeting. 
 
 
PRINCIPAL RISKS AND UNCERTAINTIES 
 
The group's business involves risks and uncertainties. Identi?cation, assessment, management and mitigation of the 
risks associated with environmental, social and governance matters forms part of the group's system of internal control 
for which the board has ultimate responsibility. The board discharges that responsibility as described in "Corporate 
governance" in the annual report. 
 
Those principal risks and uncertainties that the directors currently consider to be material or prospectively material 
are described below. There are or may be other risks and uncertainties faced by the group (such as future natural 
disasters or acts of God, such as the Covid-19 pandemic) that the directors currently deem immaterial, or of which they 
are unaware, that may have a material adverse impact on the group. 
 
In addition to the risks that have long been normal aspects of its business, the group faced potential impacts from the 
Covid-19 pandemic in 2020 and continues to do so. Assessment of the continuing risk of this pandemic is measured 
against the impacts experienced to date and the likelihood of further impacts in the future. The pandemic has had 
limited direct effect on the group's day to day operations, albeit that it has necessitated changes to certain working 
practices, but there was a negative impact on markets for CPO and CPKO in 2020, the extent of which is covered 
elsewhere in the "Strategic report". Potential future consequences of Covid-19 could include a further economic 
downturn depressing prices for CPO and CPKO, adverse effects on employee health, loss of production and inability to 
make deliveries of palm products. Each of these could then negatively affect the group's ?nances. However, as economies 
have firmed, CPO and CPKO prices have strengthened and with the gradual rollout of vaccines, the risks associated with 
Covid-19 to the group's employees, production, deliveries and markets are diminishing. 
 
The risks detailed below as relating to "Agricultural operations - Expansion" and "Stone and coal interests" are 
prospective rather than immediate material risks because the group is currently not expanding its agricultural 
operations and the stone and coal concessions in which the group holds interests are not currently being mined. 
However, such risks will apply when, as is contemplated, expansion and mining are resumed or commence. The effect of an 
adverse incident relating to the stone and coal interests, as referred to below, could impact the ability of the stone 
and coal companies to repay their loans. As noted in the "Strategic report" of the annual report, it is ultimately the 
group's intention to withdraw from its coal interests. 
 
Material risks, related policies and the group's successes and failures with respect to environmental, social and 
governance matters and the measures taken in response to any failures are described in more detail under 
"Sustainability" in the annual report. Where risks are reasonably capable of mitigation, the group seeks to mitigate 
them. Beyond that, the directors endeavour to manage the group's ?nances on a basis that leaves the group with some 
capacity to withstand adverse impacts from identi?ed areas of risk, but such management cannot provide insurance 
against every possible eventuality. 
 
The directors have carefully reviewed the potential impact on its operations of the various possible outcomes following 
the termination of UK membership of the European Union ("Brexit"). Such outcomes may result in a movement in sterling 
against the dollar and rupiah with consequential impact on the group dollar translation of its sterling costs and 
sterling liabilities. The directors do not believe that such impact (which could be positive or negative) would be 
material in the overall context of the group. Beyond this, and considering that the group's entire operations are in 
Indonesia, the directors do not see Brexit as posing a signi?cant risk to the group. 
 
Risks assessed by the directors as being of particular signi?cance, including climate change, are those detailed below 
under: 
 
  ? "Agricultural operations - Produce prices" 
  ? "General - Funding" 
  ? "Agricultural operations - Climatic factors" 
  ? "Agricultural operations - Other operational factors". 
 
The directors' assessment, as respects produce prices and funding, re?ects the key importance of those risks in 
relation to the matters considered in the "Viability statement" in the "Directors' report" of the annual report and, as 
respects climatic and other factors, the negative impact that could result from adverse incidence of such risks. 
 
Risk                              Potential impact                        Mitigating or other relevant considerations 
 
Agricultural operations 
 
 
Climatic factors 
 
 
Material variations from the norm A loss of crop or reduction in the      Over a long period, crop levels should be 
in climatic conditions            quality of harvest resulting in loss of reasonably predictable 
                                  potential revenue 
 
 
Unusually low levels of rainfall  A reduction in subsequent crop levels   Operations are located in an area of high 
that lead to a water availability resulting in loss of potential revenue; rainfall. Notwithstanding some seasonal 
below the minimum required for    the reduction is likely to be broadly   variations, annual rainfall is usually 
the normal development of the oil proportional to the cumulative size of  adequate for normal development 
palm                              the water deficit 
 
 
                                  Delayed crop formation resulting in     Normal sunshine hours in the location of the 
Overcast conditions               loss of potential revenue               operations are well suited to the cultivation 
                                                                          of oil palm 
 
 
                                                                          The group has established a permanent 
                                                                          downstream loading facility, where the river 
                                                                          is tidal. In addition, road access between 
Low levels of rainfall disrupting Inability to obtain delivery of estate  the ports of Samarinda and Balikpapan and the 
river transport or, in an extreme supplies or to evacuate CPO and CPKO    estates offers a viable alternative route for 
situation, bringing it to a       (possibly leading to suspension of      transport with any associated additional cost 
standstill                        harvesting)                             more than outweighed by avoidance of the 
                                                                          potential negative impact of disruption to 
                                                                          the business cycle by any delay in evacuating 
                                                                          CPO 
 
Cultivation risks 
 
 
Failure to achieve optimal upkeep A reduction in harvested crop resulting The group has adopted standard operating 
standards                         in loss of potential revenue            practices designed to achieve required upkeep 
                                                                          standards 
 
 
Pest and disease damage to oil    A loss of crop or reduction in the      The group adopts best agricultural practice 
palms and growing crops           quality of harvest resulting in loss of to limit pests and diseases 
                                  potential revenue 
 
 
Other operational factors

(MORE TO FOLLOW) Dow Jones Newswires

April 27, 2021 02:01 ET (06:01 GMT)