Fraser & Neave Holdings Bhd Sustainability Report 2021

Fraser & Neave Holdings Bhd ( “F&NHB” or “ the Group” ) i s a subs i di ary of Fraser & Neave, L imi ted ( “F&N Group” ) . Founded i n 1883 to produce carbonated sof t dr i nks by John Fraser and Dav i d Cha lmer s , F&N Group today i s amongs t the regi on’s o ldes t and mos t es tabl i shed compan i es . The Group has grown to be an i con i c househo l d name that i s t rus ted to prov i de ‘Pure En j oyment , Pure Goodness’ throughout i t s wide por t fo l i o of we l l - l oved brands . We are F&N F&NHB is listed on Bursa Malaysia’s Main Board and is a Shariah- compliant company. The Group has an annual turnover of RM4 billion from its core businesses in the manufacture, sales and marketing of food and beverages products. Today, the Group is one of the largest beverage manufacturers and distributors in the region with brands such as 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N SEASONS, F&N ICE MOUNTAIN, BORNEO, OYOSHI, est Cola and RANGER. Within the dairy products, we produce sweetened condensed and evaporated milk, as well as packaged milk and juice products under the F&N, TEAPOT, Gold Coin, F&N Magnolia, FARMHOUSE and F&N Fruit Tree brands. F&N is also an exclusive manufacturer, marketer and distributor of Carnation products in Thailand, Laos and Cambodia; as well as Carnation, Cap Junjung and Ideal canned milk products in Malaysia, Singapore and Brunei. Currently, F&NHB has over 200 products in Malaysia and Thailand. The Group’s operating businesses are organised according to products and services, namely Food and Beverages Malaysia (F&B Malaysia), which encompass both soft drink and dairy business in Malaysia and food business; Food and Beverages Thailand (F&B Thailand); property and others. In January 2021, F&NHB completed the acquisition of the Sri Nona group of companies (Sri Nona Food Industries Sdn Bhd, Sri Nona Industries Sdn Bhd and Lee Shun Hing Sauce Industries Sdn Bhd.). These three food & beverage companies add established Malaysian household food brands to the Group’s portfolio of household brand names. 016 Organisation Overview