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One year “Merchandising License” contract extension                                                                                                           CONFIDENTIAL


  5 Food & Beverages






               2     RTE Sausage                                               WHY RTE Sausage


                                                                               HIGHLIGHT RTE Market in Indonesia
                   10,00
                                                               9,00  8,28      •    Revenue in the Ready-to-Eat Meals segment amounts to US$7.53B in 2023.
                                                         8,42
                    9,00
              RTE Meals Revenue  In Billion US Dollars  7,00  6,32             •    Revenues per Capita of US$26.71 are generated in 2023.
                                                                                    The market is expected to grow annually by 2.42% (CAGR 2023-2027).
                                                   7,99
                                                                               •
                                            7,53
                    8,00
                                      7,18
                                6,88
                                                                                    Classic deep-frozen products based on meat, fish, or vegetables, filled pasta,
                                                                               •
                    6,00
                                                                                    frozen pizzas, and similar products fall into this segment.
                    5,00
                    4,00
                                                                                    Sausage (RTE) is a new product compare with pasta, frozen pizza, etc. and is
                                                                               •
                    3,00
                    2,00
                                                                                    Sausage (RTE) contribution around 25% of total RTE US$188.3M
                    1,00                                                       •    currently a trend in Indonesia, so it is hoped that it will continue to grow
                    0,00
                          2020  2021  2022  2023  2024  2025  2026  2027
                                       10,6      23,0           18-24 years    Our Target
              Users by Age  In Percentage  30,1                 25-34 years    Product : RTE Sausage

                                                                               Channel : Minimarket and Convenience Store
                                                                35-44 years

                                                36,2            45-54 years    Sales          : 2% of total RTE Sausage = US$3.7M
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