Indofood Agri Resources Ltd. - Annual Report 2024

OUR MILESTONES 07 • Reverse takeover and listing on SGX • Acquisition of plantation land in South Sumatra and Kalimantan • Acquisition of 58.8% stake in PT PP London Sumatra Indonesia Tbk (Lonsum) 08 • Diversification into sugar business with 60% stake in PT Laju Perdana Indah • Acquisition of plantation land in South Sumatra and Central Kalimantan 13 • Acquisition of 79.7% interest in PT Mentari Pertiwi Makmur, an industrial timber plantation company • Acquisition of 50.0% stake in Companhia Mineira de Açúcar e Álcool Participações (CMAA), a sugar and ethanol company in Brazil • Formation of FP Natural Resources Limited, a 30:70 JV to invest 34% in Roxas Holdings Inc. (Roxas), an integrated sugar business in the Philippines • 7% of nucleus Crude Palm Oil (CPO) production was Indonesian Sustainable Palm Oil (ISPO)-certified 09 • Acquisition of plantation land in South Sumatra 10 • Divestment of 8% stake in Lonsum, of which 3.1% was sold to PT Salim Ivomas Pratama Tbk (PT SIMP) 11 • Listing of PT SIMP on IDX 12 • Acquisition of 26.4% stake in Heliae, a development-stage algae technology solutions company Group Overview Financials Other information Sustainability and Governance Operation and Financial Review 02 Indofood Agri Resources Ltd.

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