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Shareholding Structure

Olam was established in 1989 by the Kewalram Chanrai Group (KC Group), which has more than 150 years of trading history. Over the past 24 years, Olam has developed into a global agri-business headquartered in Singapore with global market leadership positions in many of its businesses. Our success has enabled us to attract co-sponsors and world-class investors, adding both business and financial strength to the Company.

Founded in 1860, the KC Group is one of the oldest international companies in Africa and Asia with a long and successful trading history. Headquartered in Singapore, the KC Group is a family-owned and professionally managed group of companies. The KC Group, through Kewalram Singapore Limited, currently owns 483,493,065 shares, representing 20.2% of the total issued share capital of Olam.

Temasek Holdings, an Asia investment company headquartered in Singapore, holds 587,290,453 shares through Breedens Investments and Aranda Investments, representing 24.6% of total issued share capital of Olam.

The Olam key management team, represented by its executive committee, has a significant shareholding in the company approximating 7.7% in the total issued share capital, which greatly aligns shareholder and management interests in creating value. These shares include 111,646,477 shares representing 4.7% of the total issued share capital of Olam held by Group Managing Director and Chief Executive Officer, Sunny George Verghese.

As of 24 March 2014, Olam’s total number of issued shares is 2,390,213,869 (excluding treasury shares of 52,196,000). The free float owned by public shareholders accounts for approximately 47.5% of the total issued share capital.

The information is correct as of 24 March 2014.

Key Information

CHARACTERISTICS OF PUBLIC SHAREHOLDER BASE Expand

As of end-February 2014, about 33.0% of total issued share capital was held by institutional investors.

Distribution of Institutional Shareholders by Country/Region

Country/Region Distribution
Americas 60.4%
Asia (excluding Singapore) 7.7%
Europe (excluding UK) 17.5%
Singapore 8.7%
UK 4.8%
Rest of the World 0.9%

 

Distribution of Institutional Shareholders by Investment Style

Investment Style Distribution
Value 48.0%
Growth 20.2%
GARP 10.5%
Index 11.1%
Hedge Funds 1.8%
Others 8.4%

Source: NASDAQ OMX

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Employee Share Benefit Scheme Expand

On 26 October 2004, we implemented the Olam International Limited Employee Share Subscription Scheme 2004 (ESSS), comprising 73,913,0442 shares of S$0.23 each which were fully allotted and issued by the Company.

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Employee Share Subscription Scheme Expand

The Olam Employee Share Option Scheme (the “ESOS”) was approved by shareholders at an Extraordinary General Meeting held on 4 January 2005. The ESOS rules were amended on 29 October 2008 at the Extraordinary General Meeting of the Company. Under the amended rules, the Directors (including Non-Executive Directors and Independent Directors) and employees of the Group are eligible to participate in the ESOS and all subsequent options issued to the Group’s employees and Executive Directors shall have a life of 10 years instead of five. For options granted to the Company’s Non-Executive Directors and Independent Directors, the option period shall be no longer than five years. The shares issued upon the options being exercised carry full dividend and voting rights. Controlling shareholders and associates of controlling shareholders are not eligible to participate in the ESOS. All these options have a contractual life of 10 years with no cash settlement alternatives.

As of 24 March 2014, the Company has 130,300,000 outstanding options issued to employees and Directors.

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