Agostini : 05 May 2023 – Agostini’s Limited – Acquisition of shares of Chinook Trading Canada Limited by a Subsidiary

Notice of Material Change

to Shareholders

Acquisition Announcement

e Board of Directors of Agostini's Limited wishes to advise that our subsidiary, Caribbean Distribution Partners Limited, has purchased 80% of the issued and outstanding shares of Chinook Trading Canada Limited, a Canadian-based consumer product trading company that operates primarily in the Caribbean.

e Directors believe that this strategic acquisition will benet

the wider group by providing improved logistics capabilities, access to new customers across the Caribbean region and to new

North American-based suppliers.

is Notice is published pursuant to Section 64(1)(b) of the Trinidad and Tobago Securities Act, 2012.

By order of the Board

Nadia James-Reyes Tineo

Company Secretary

May 3, 2023