Golden Agri-Resources appoints new Chief Sustainability and Communications Officer

SINGAPORE,Nov. 11,2021 --Golden Agri-Resources (GAR),one of the world's leading integrated palm-based agribusinesses,has appointed Anita Neville to join its executive leadership team in the new role ofChief Sustainability and CommunicationsOfficer (CSCO).

Anita Neville,Chief Sustainability and Communications Officer,Golden-Agri Resources.

As GAR's Senior Vice President for Group Corporate Communications,she hasoverseenthe company's corporate communications across all communications channels and to all audiences. As CSCO,Ms Neville will be responsible for the company's overall sustainability and communications strategy for the whole of business.

GAR Chairman and CEO Mr Franky O. Widjaja said,"GARrecognisesthe long-term value to the operational and commercial future of the business that comes from being a sustainable agribusiness player.We want our business to have a clear sense of purpose,to make positive contribution to the world while delivering value. Building on the progress made over recent years,and given the company's global growth,we are renewing our sustainability focus and effort to encompass our entire value chain,with a whole of business strategy."

Current Managing Director of Sustainability and Strategic Stakeholder Engagement,Agus Purnomo,moves into a senior advisory role to the company,representing the company in key multi-stakeholder platforms and acting as a mentorfor future talentwithin the business.

Reflecting on Mr Purnomo'scontribution to the companyover the past seven years,Mr Widjaja said,"Pak Pungki (Agus Purnomo) built the solid foundations of GAR's sustainability journey resulting in the company being considered as one of the leading responsible palm oil players globally. Under his leadership,we have made tremendous progress. I am delighted GAR will continue to benefit from his expertise and experience as a senior counsellor and mentor of the next generation of GAR talent."

Mr Widjaja added,"Anita's expertise and experience across public,private and civil society organisations,as well as her proven track record contributing to GAR's sustainability journey,makes her the ideal candidate to develop and lead the next phase of our journey."

Anita Neville said,"I am honoured to be entrusted withthis new roleand to continue the work established by Pak Pungki.I think it speaks to GAR's strength in sustainability that we are able to make this transition from within the existing GAR team. I am excited to work even more closely with our sustainability staff,and to look at how GAR's sustainability journey can expand to incorporate our whole business."

Ms Neville joined GAR six years ago,after two decades working in the environmental not-for-profit sector with various international NGOs and sustainability standards systems. She has worked in sustainability and communications with roles in non-governmental roles,including WWF-UK and Rainforest Alliance. She is based in Singapore,where she lives with her husband and two sons.

All changes are effective 1 November 2021.

About Golden Agri-Resources Ltd (GAR)

GAR is one of the leading palm oil plantation companies with a total planted area of 536,877 hectares (including plasma smallholders) as of 30June 2021,located in Indonesia. It has integrated operations focused on the production and distribution of an extensive portfolio of palm-based products. Founded in 1996,GAR was listed on the Singapore Exchange in 1999 and has a market capitalisation of US$2.2 billion as at 30 June 2021. Flambo International Limited,an investment company,is currently GAR's largest shareholder,with a 50.52 percent stake.

GAR has several subsidiaries,including PT SMART Tbk which was listed on the Indonesia Stock Exchange in 1992. GAR is focused on responsible palm oil production. In Indonesia,its primary activities include cultivating and harvesting of oil palm trees; processing of fresh fruit bunch into crude palm oil (CPO) and palm kernel; refining CPO into value-added products such as cooking oil,margarine,shortening,biodiesel and oleo-chemicals; as well as merchandising palm products globally. GAR's products are delivered to a diversified customer base in over 70 countries through its global distribution network with shipping and logistics capabilities,destination marketing,on-shore refining and ex-tank operations in many countries. GAR also has complementary businesses such as soybean-based products in China,sunflower-based products in India,as well as sugar businesses.