Special Advisory: GraceKennedy Limited (GK)

Date: May 11, 2018

GraceKennedy Limited (GK) has advised that, pursuant to the terms of the GraceKennedy “2009 Stock Option Plan for Directors, Managers and Employees” approved by the Stockholders of the Company at an Annual General Meeting held on May 27, 2009, and as part of the Long Term Incentive Scheme for the employees of the Company, a grant of 1,759,004 stock units was approved by the Board of Directors on May 10, 2018 for thirty (30) senior management officers. The effective date of the grant is May 10, 2018.