Press Release Mar 6, 2025

ofi Vietnam recognized by the UN Women WEP and Anphabe Top 100 Best Places to Work in Vietnam 2024 Awards

Ho Chi Minh, Vietnam - March 6^th, 2025

ofi (olam food ingredients), a leading supplier of naturally good food and beverage ingredients, has been recognized under the “Community Engagement and Partnership” category at the Women's Empowerment Principle (WEPs) Awards 2024 organized by UN Women and the Vietnam Council of Women Entrepreneurs. ofi Vietnam is also proud to be recognized in Anphabe Vietnam’s 2024 Top 100 Best Places to Work for the second year in a row.

With over 27 years of operational experience in Vietnam, ofi continues to grow its portfolio as one of the country’s leading producers, processors and exporters of nuts, spices and coffee ingredients. With over 4,500 employees ofi Vietnam continues to invest in its people to drive performance and productivity, through a three-pronged approach:

Employee engagement activities
A diverse and inclusive culture
Talent development programs

Some of these initiatives include building an inspiring and equitable working environment for female employees through personal development programs aimed at uplifting and strengthening women leadership. Beyond workforce policies and programs, ofi’s Vietnam team also engages actively with the community and partner farmers. In 2023, the team worked with over 600 registered female coffee farmers, more than 190 female pepper and cassia growers, and over 3,000 cashew female farming partners to expand their sustainable production capacity and promote data-driven and regenerative agriculture practices. Improved crop compliance with market social and environmental certifications has also contributed to enhanced access to the market and higher premiums from coffee, cashew and spice ingredients supplied to its customers.

UN Women WEP Awards¹ recognizes how ofi Vietnam is partnering to make positive choices for change

The Community Engagement and Partnership category aims to honor companies operating in the Asia-Pacific region that integrate gender equality into their sustainability strategies or social responsibility initiatives. This latest recognition builds on ofi’s previous accomplishments - being the first runner up in the Gender Inclusive Workplace category in 2021, then winning the Leadership Commitment category in 2022.

¹ The UN Women Asia-Pacific WEPs Awards is the first regional awards initiative that recognizes companies who are taking action for gender equality in the region aligned to the Women’s Empowerment Principles, with the ultimate objective to make good practices visible and encourage more business to take action by joining the WEPs. https://www.asiapacificwepsawards.org/about-the-awards

Anphabe Vietnam’s 2024 Top 100 Best Places to Work² recognition reinforces ofi’s commitment to growing an inclusive, diverse and equitable workplace

ofi Vietnam is also proud to rank amongst the Top 50 under the Medium Enterprises category for Anphabe’s Top 100 Best Places to Work in Vietnam 2024 – validating its ongoing efforts to continually improve people-first policies and employee advocacy practices that drive success and performance.

² Anphabe Vietnam’s Best Places to Work in Vietnam is a ranking held annually, sponsored by the Vietnam Confederation of Commerce and Industry (VCCI) with an evaluation model and methodology verified by a third party, market research company Intage Vietnam, to ensure fairness and objectivity. An independent Best Workplaces in Vietnam Survey^®is conducted recording the objective evaluation opinions of circa 60,000 employees nationwide and measuring the attractiveness of the Employer Brand of more than 700 leading enterprises in 18 different industry groups. https://vietnambestplacestowork.com/cau-hoi-thuong-gap.html

Amith Verma, Regional Head, ASEAN, China, and Oceania region, ofi said

These important award recognitions are testament to our strategic commitment towards building an inclusive, diverse, and equitable workplace - empowering our employees to develop professionally and personally. We must continue to prioritize initiatives that impact female employees and our farmer partners within our communities. With a shared purpose at the core of our belief system, anchored by our global sustainability strategy, Choices for Change, our people across the business can drive positive change.

Ruchi Tenani, HR Head, ASEAN, China and Oceania region, ofi, commented

These are fantastic achievements for the Vietnam team which spotlight the progress we’re making across our People Strategy both regionally and locally. Underpinned by our purpose to be the change for good food and a healthy future, we believe that with a strong leadership commitment to Inclusion, Diversity, and Equity (IDE), we will be able to further accelerate action for gender equality and develop a more inclusive culture, where every ofi employee knows they matter, enabling them to unlock their full potential and passion.

Notes to Editors

About ofi

ofi (olam food ingredients) is a new operating group born out of Olam Group. ofi offers sustainable, natural, value-added food products and ingredients so that consumers can enjoy the healthy and indulgent products they love. It consists of industry-leading businesses of cocoa, coffee, dairy, nuts, and spices. ofi has built a unique global value chain presence including its own farming operations, farm-gate origination, and manufacturing facilities. ofi partners with customers, leveraging its complementary and differentiated portfolio of ‘on-trend’ food products, to co-create solutions that anticipate and meet changing consumer preferences as demand increases for healthier food that’s traceable and sustainable. To subscribe to the ofi newsroom, please visit www.ofi.com/news-and-events (privacy statement here). If you do not wish to receive information from ofi please contact media@ofi.com.

Follow @ofi-group on LinkedIn.

About Olam

Olam Group is a leading food and agri-business supplying food, ingredients, feed and fibre to 22,000 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a global network of farmers. Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam Group aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders. Headquartered and listed in Singapore, Olam Group currently ranks among the top 30 largest primary listed companies in terms of market capitalization on SGX-ST. Since June 2020, Olam Group has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds.

More information on Olam can be found at www.olamgroup.com. Olam is located at 7 Straits View, Marina One East Tower #20-01, Singapore 018936. Telephone: +65 63394100, Facsimile: +65 63399755.

To subscribe to the Olam Newsroom please visit www.olamgroup.com and read the Privacy statement here. If you do not wish to receive information from Olam, please contact media@olamnet.com

Discover much more about what ofi has to offer at ofi.com

Contacts for ofi corporate communications

James Loo

Communications Manager, APAC, ofi

james.loo@ofi.com

+65 9111 4302

Minh Dao Nhat

Communications Manager, ofi

nhatminh.dao@ofi.

+84 907 717786

ofi Vietnam recognized by the UN Women WEP and Anphabe Top 100 Best Places to Work in Vietnam 2024 Awards

UN Women WEP Awards1 recognizes how ofi Vietnam is partnering to make positive choices for change

Anphabe Vietnam’s 2024 Top 100 Best Places to Work2 recognition reinforces ofi’s commitment to growing an inclusive, diverse and equitable workplace

Amith Verma, Regional Head, ASEAN, China, and Oceania region, ofi said

Ruchi Tenani, HR Head, ASEAN, China and Oceania region, ofi, commented

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UN Women WEP Awards¹ recognizes how ofi Vietnam is partnering to make positive choices for change

Anphabe Vietnam’s 2024 Top 100 Best Places to Work² recognition reinforces ofi’s commitment to growing an inclusive, diverse and equitable workplace