KSG Agro S.A. — M&A Activity 2021

Dec 29, 2021

The Board ofKSG Agro S.A. headquartered_#160;inLuxembourg_#160;_quot;the Issuer_quot;_#160;herebyinforms that on 28th December 2021, the Board approved the deal toacquire all non-controlling interest in the Issuer's pig breedingbusiness from minority investors for the total price of USD 2,295,212.The deal is expected to be finalized by the end of December 2021. As aresult of the deal, the Issuer's share in the pig business will increasefrom 50% to 100%.Effect of the Deal onFinancial Position and Result for the Year.Sincethe Issuer already had control of the pig business prior to the deal,the deal itself will only affect the distribution of equity between theIssuer's shareholders and non-controlling interests. The Issuer'sconsolidated financial position and consolidated financial result forthe year 2021 will not be directly affected.