‘CPF’ prepares to issue subordinated bonds, interest for the first 5 years 5.50 – 5.65% per year, promoting credit A- bonds, expected to be offered for sale Nov.-Dec. 2023.

“CPF” (CPF), a fully integrated agricultural, industrial and food business operator Prepare to issue and offer subordinated debentures similar to equity. It is expected to be offered for sale during November-December 2023 to the general public through 10 leading financial institutions, including Bangkok Bank. Krung Thai Bank Kasikorn Bank Siam Commercial Bank CIMB Thai Bank, Kiatnakin Phatra Securities Krungthai Xspring Securities Company, Maybank Securities Company (Thailand), Yuanta Securities Company (Thailand) and Asia Plus Securities Company, with interest rates for the first 5 years. [5.50 – 5.65]% per year, raising the corporate credit rating to “A+” and the credit rating for subordinated capital bonds to “A-” by TRIS Ratings.

Charoen Pokphand Foods Public Company Limited or CPF, a fully integrated agro-industrial and food business operator. Under the vision of “Kitchen of the World”, preparing to issue subordinated debentures similar to equity. Redemption upon dissolution of the company (“Subordinated Debentures”) to general investors with interest rate for the first 5 years [5.50 – 5.65]% per annum and is expected to be offered for sale during November – December 2023. The exact interest rate will be announced at another time. The said subordinated debentures received a credit rating of A- and a corporate credit rating of A+ with a Negative outlook from TRIS Rating Company Limited on September 14, 2023, reflecting its status as one of the leaders in The company’s world-class agro-industrial business as well as having production bases spread out in various countries. Including having a variety of products and markets.

The distributor financial institution commented that “Subordinated Debentures” of “CPF” will gain the attention of investors. Especially for investors who want higher returns than general bonds. who has an understanding of investing in long-term bonds such as subordinated bonds and want to invest in a nationally famous company that has continuous investment both domestically and abroad Including investors who want to diversify their investments. The attractiveness of subordinated bonds “CPF” is that in addition to receiving a credit rating of A- and a corporate credit rating of A+ from TRIS Ratings, the company also has a goal of walking Heading towards sustainable growth under the vision of firmly aiming to be the ‘Kitchen of the World’ With the potential of the company As a leader in the international food industry

“CPF” is a fully integrated agricultural, industrial and food producer. (Feed-Farm-Food) has production bases in 17 countries around the world. and is an exporter of meat and food products to more than 40 countries, covering 5 continents around the world. The main business types of the company can be classified into 3 types: 1. Animal feed business (Feed) 2. Animal raising and processing business (Farm and Processing) and 3. Food Business (Food) With a vision aimed at becoming the “Kitchen of the World”, CPF has expanded its business to various countries. To promote modern animal husbandry Supporting quality meat production and processing Expand production of ready-to-eat food to meet changing consumer behavior. as well as adding value to the business Including continuous innovation in agriculture, industry and food. To achieve a safe production system There are products that can respond to the constantly changing preferences and behavior of consumers around the world, such as Chiwa Pork, which is pork with good fat and high in Omega 3, Benja Chicken, which is chicken fed with specially selected brown rice. It is an option for consumers who want to take care of their health. and alternative protein foods (Plant Base Food) and also emphasizes the importance of using resources appropriately and in an environmentally friendly manner to raise competitiveness at the forefront of the industry. and create appropriate returns for shareholders with attention to all stakeholders

At the same time, “CPF” is still committed to creating sustainable growth. In the past, “CPF” has been selected as a member of the Dow Jones Sustainability Indices (DJSI) for the 8th year in a row. It reinforces the company’s operations. with responsibility From managing the production process of safe food throughout the production chain and paying attention to the environment. To join in creating food security and is a confirmation that the company’s sustainability development standards Equivalent to world-class standards and accepted internationally. And most recently, the company also received 3 prestigious regional awards from the Asia Pacific Enterprise Awards (APEA) 2023, including the Corporate Excellence Award and the Best Inspirational Brand Award. (Inspirational Brand Award) and the Master Entrepreneur Award, reinforcing our leadership in food innovation. For the good health of consumers around the world With sustainable production processes throughout the value chain Reflecting the vision of “Kitchen of the World”