GROUP PROFILE AND LEADERSHIP

RCL FOODS is a leading food producer with a large and growing portfolio of some of South Africa's best loved brands. Listed on the JSE Limited and a subsidiary of Remgro Limited (which holds 71,6% of the issued share capital), we have four wholly-owned operating subsidiaries: Foodcorp, Rainbow, TSB and Vector, Together they play a crucial role in enabling us to deliver on our ambition of building a profitable business of scale by creating food brands that matter.

Foodcorp manufactures, markets and distributes a diversified portfolio of food products ranging from basic essentials to top-end desserts and convenience meals. Many of these have a strong heritage in South Africa and are among the country's leading and best-recognised brands.

Rainbow is one of South Africa’s largest processors and marketers of chicken and operates in the local retail, wholesale and foodservice channels. Its consumer brands are Rainbow and Farmer Brown and its business/service brands are Rainbow FoodSolutions, Cobb and Epol.

TSB is one of the biggest sugar producers in South Africa, producing well over one third of the country’s sugar output. TSB currently owns and operates three sugar mills – two in Mpumalanga and one in KwaZulu-Natal. The company also provides farming support to over 1 600 commercial and small-scale farmers on approximately 51 000 hectares of irrigated land, supporting more than 12 800 people. In return the farmers supply approximately 75% of the sugar cane that is processed through its mills.

In 2005 RCL FOODS acquired Vector to gain control of its route-to-market. Since then Vector has expanded its service offerings to the Group by undertaking distribution for Foodcorp and, more recently, TSB. Vector also services many customers outside the Group and has grown significantly as a result.

OUR COMMITMENT TO SUSTAINABILITY

As a Group we recognise the need to conduct business in a responsible and ethical way that contributes to the longterm sustainability of the communities and environment in which we operate. As such, we are committed to ensuring that sustainable practices are incorporated into our culture, leadership, governance and strategy. These include economic and social sustainability practices, as well as the reduction of energy and water consumption in line with our sustainability and carbon footprint reduction strategy.

LEADERSHIP AND SUSTAINABILITY

The RCL FOODS Board accepts overall responsibility for the advancement of sustainable development at RCL FOODS and as such has included a formal Sustainability Charter as part of the Risk Committee mandate. A director is responsible for championing the sustainability initiative while the Risk Committee’s role is to assist the Board in monitoring all aspects of sustainability, including health, safety, economic, environmental and social impacts. The committee’s oversight of the sustainability initiatives provides the business with the ideal platform to identify both risks and opportunities in an integrated way. More information on the RCL FOODS Board and governance structures are available in the corporate governance report available on our website www.rclfoods.com.