Special Advisory: Salada Foods Jamaica Limited (SALF)

September 2, 2020

Salada Foods Jamaica Limited (SALF) has advised that on August 31, 2020, the Company filed in the Supreme Court of Judicature of Jamaica (the Court) an urgent application against the Jamaica Agricultural Commodities Regulatory Authority (JACRA) for, among other things, leave to apply for judicial review to seek orders of certiorari and mandamus for the decision taken by JACRA. SALF has further advised that the hearing date for the application has been fixed by the Court for September 3, 2020 at 10:00 am.

Analyst Certification The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report.

Company Disclosure The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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