Page 1

Olam News Release Olam Group reports PATMI of S $ 1.9 billion , up 488.7 % year - on - year for H1 2026 ; declares total dividends of 7.0 cents per share Higher PATMI due to total one - off gain of S $ 1.75 billion , comprising gains from the disposal of 44.58 % stake in Olam Agri ( “ Tranche 1 ” ) and 100.0 % interest in Mindsprint , and fair value gain on the valuation of the put and call option for the remaining stake in Olam Agri . Adjusting for the S $ 1.75 billion one - off gain and non - cash foreign exchange gains recorded in H1 2025 , Operational PATMI from continuing operations¹ grew by S $ 84.7 million to S $ 64.4 million year - on - year . Net gearing down from 2.09 times to 0.93 times on reduced net debt with de - leveraging at OGH from divestment proceeds and lower working capital related debt in ofi . Board declares total dividends of 7.0 cents per share , comprising an interim ordinary dividend of 1.0 cent per share and a special dividend of 6.0 cents per share . Olam Group's Executive Director and CEO of ofi A. Shekhar said : " The first half of 2026 marks an important milestone in Olam Group's journey . Following the completion of the first tranche of the Olam Agri transaction , we have significantly strengthened our balance sheet , enhanced financial flexibility and demonstrated our ability to unlock value for shareholders . " At ofi , our performance demonstrates the resilience of our integrated business model . Despite continued market volatility and geopolitical uncertainty , we delivered stable earnings with significant reduction in capital deployment , leading to improved capital efficiency , strong cash generation and higher net earnings . " Looking ahead , we remain focused on investing selectively behind growth opportunities while maintaining capital discipline . We are confident that these foundations will continue to support long - term value creation for both ofi and Olam Group stakeholders . ” Olam Group's CFO Venkataraman Krishnan said : “ Our financial results today reflect a less complex , more focused and financially stronger business . Olam Group will continue to focus on long - term growth and capital efficiency in ofi and execution of the divestment programme in OGH . " 1 Continuing operations comprise ofi and OGH Page 1 of 5