existing shares, equivalent to 23 percent of the total shares of Kerry (the “Sale Shares”), from the three existing shareholders, i.e. (1) KLN Logistics (Thailand) Limited, (2) Gather Excellence Limited, and
freight saving. This does not have any impact on regional or consolidated EBITDA. 4Core EBITDA is Reported EBITDA less inventory gains/(losses) 5Core EPS is Reported EPS less inventory gains/(losses) less
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