Page 1

wilmar Wilmar International Limited ( " Wilmar " or the " Company " ) For the period ended 30 September 2021 Executive Summary Key highlights of Wilmar Group results for the period ended 30 September 2021 : Revenue Net Profit Core Net Profit EBITDA Sales statistics ( ' 000MT ) 3Q2021 US $ ' 000 3Q2020 US $ ' 000 9M2021 Change US $ ' 000 9M2020 US $ ' 000 Change 17,134,963 13,317,544 568,729 536,391 576,437 501,194 1,139,580 1,087,627 28.7 % 6.0 % 15.0 % 4.8 % 46,669,380 35,975,261 1,319,642 1,146,914 1,308,654 1,136,722 3,023,674 2,576,267 29.7 % 15.1 % 15.1 % 17.4 % Food Products - Consumer Products 2,231 2,454 -9.1 % 6,334 7,180 -11.8 % - Medium Pack and Bulk 5,237 4,964 5.5 % 14,450 12,502 15.6 % 7,468 7,418 0.7 % 20,784 19,682 5.6 % Feed and Industrial Products - Tropical Oils 5,875 5,603 4.9 % 16,844 16,317 3.2 % - Oilseeds and Grains 4,992 6,309 -20.9 % 14,066 16,491 -14.7 % - Sugar 2,714 4,543 -40.3 % 8,847 9,992 -11.5 % 13,581 16,455 -17.5 % 39,757 42,800 -7.1 % Operating cash flows before 984,943 1,202,263 -18.1 % 2,790,874 2,556,044 9.2 % working capital changes Cash flows from operating activities 2,063,954 162,091 > 100 % 670,719 2,234,157 -70.0 % Net debt Equity attributable to owners of the Company 30.09.2021 31.12.2020 15,698,917 13,605,466 19,265,422 18,882,355 15.4 % 2.0 % Performance for 3Q2021 3Q2021 marked another solid quarter for the Group , with core net profit increasing by 15.0 % to US $ 576.4 million ( 3Q2020 : US $ 501.2 million ) . This is the highest third quarter core results achieved by the Group since listing . The strong performance by the Group was accomplished on the back of better performance in both the Feed and Industrial Products , and Plantation and Sugar Milling segments . Feed and Industrial Products performance was boosted by good manufacturing margins and stronger demand for downstream tropical oils products during the quarter . Soybean crushing margin was weak during the quarter but it was mitigated by reducing volume . Although soybean crushing margin recovered from its trough , it was still below its high in 3Q2020 . Firmer palm oil and sugar prices in 3Q2021 contributed to the good performance in Plantation and Sugar Milling segment . Food Products segment continued to be impacted by higher raw material cost during the quarter , as time lag in selling price adjustments affected overall margins . Share of results from the joint ventures and associates in China , India and Southeast Asia was also lower during the quarter . Net profit also improved but by a lower percentage of 6.0 % to US $ 568.7 million in 3Q2021 ( 3Q2020 : US $ 536.4 million ) , as it was impacted by non - operating losses from investment securities . Page 1 of 2