MHP's Sustainability Report 2021

Limassol, Cyprus, 30 June 2022 - MHP, one of the leading international agro-industrial groups, today publishes its 2021 Sustainability Report, announcing the achievements in areas including sustainability, animal welfare and product quality and safety.

The Report, which is prepared under the internationally recognized standards of the Global Reporting Initiative, highlights MHP's progress in 2021. It details our efforts to accelerate progress in ESG by putting in place the policies, systems and processes to move towards a more responsible and sustainable business model. Whilst the pace of implementation of some of our plans has been slowed by the conflict in Ukraine we remain absolutely committed to maintaining our pre-war trajectory and make a positive contribution to the Planet.

MHP's Responsible Business Strategy is closely aligned with the UN's Sustainable Development Goals. These include our contributions to end hunger, achieve food security and improved nutrition whilst promoting sustainable agriculture. 

Highlights of the positive steps MHP has taken towards greater sustainability include:

·      Assessment of the Company's activities, so that MHP can become carbon neutral by 2030;

·      Continuous reduction of air emissions, including greenhouse gas emissions;

·      Delivery of a programme to continually reduce waste generation;

·      The delivery of a programme that ensures that water discharges are free of harmful pollutants;

·      Delivery of a strategy to preserve and conserve biodiversity in the areas where MHP operates; and

·      Delivery of a plan to reduce the use of energy from non-renewable sources through increased use of renewable energy.

MHP's plans for 2022 include:

·      To begin the verification of MHP greenhouse gas emissions, applying a properly accredited independent third-party service.

·      Continue the process of ensuring our suppliers of rapeseed and corn meet the requirements of the ISCC (International Sustainability and Carbon Certification) Standard as well as the requirements of Ukrainian legislation.

·      Continue our dialogue with stakeholders to achieve mutually beneficial results.

MHP recognises its environmental and social responsibilities and is determined to demonstrate its business activities meet the expectations of its stakeholders in addressing the challenges posed by global climate change.

The Report can be found here: https://mhp.com.ua/en/pro-kompaniu/nefinansovi-zviti

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Notes to Editors

For more information please contact:

Anastasia Sobotiuk (Kyiv)

+38 044 207 99 58

a.sobotyuk@mhp.com.ua

About MHP

MHP is the leading producer of poultry products not only in Ukraine, but also in the Balkans (Perutnina Ptuj Group).

Ukraine: MHP has the greatest market share and highest brand recognition for its products. MHP owns and operates each of the key stages of chicken production processes, from feed grains and fodder production to egg hatching and grow out to processing, marketing, distribution and sales (including through MHP's franchise outlets). Complete vertical integration practically eliminates MHP's exposure to raw material price fluctuations since its grain production exceeds internal consumption requirements, allowing the Company to be an important participant in the international commodity trade.  In addition to cost efficiency, vertical integration also enables MHP to maintain strict biosecurity and to control the quality of its inputs and the resulting quality and consistency of its products all the way to the point of sale. To support its sales, MHP maintains a distribution network consisting of nine distribution and logistical centers within major Ukrainian cities. MHP uses its own truck fleet to distribute its products, reducing overall transportation costs and delivery times.

MHP also has a leading grain cultivation business growing corn, soya and sunflower to support the vertical integration of its chicken production and increasingly other grains, such as wheat and rape, for sale to third parties. MHP leases agricultural land located primarily in the highly fertile black soil regions of Ukraine.

The Balkans: Perutnina Ptuj (PP) is a leading poultry and meat-processing producer in the Balkans, with production sites in four Balkan countries: Slovenia, Croatia, Serbia, Bosnia and Herzegovina. PP owns distribution companies in Austria, Macedonia and Romania and supplies products to fifteen countries in Europe. PP is vertically integrated across all states of chicken meat production - feed, hatching eggs production and hatching, breeding, slaughtering, sausage production and further poultry processing.

MHP trades on the London Stock Exchange under the ticker symbol MHPC.