Sales & Distribution. Ingredients Processing. Nedspice Processing Vietnam Ltd. Nedspice Dehydrated Ingredients BV. Nedspice Sourcing BV

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1 Company highlights

2 group is a privately owned group of companies. comapnies. Our head office is located in the Netherlands. with processing factories in India, Vietnam and the Netherlands and distribution facilities in the Netherlands, United Kingdom, USA and South Africa. Its core business is in the sterilisation, grinding and distribution of single spices and sourcing and processing of dehydrated ingredients. We source, process and deliver semi-finshed single spices and dehydrated ingredients in a cost, efficient, consistent and trustworthy way. Annualy delivers approx. 14,750 16,000 tons of spices and dehydrated ingredients to a range of of global customers. Turnover during 2016 was in excess of $127 million of which wich 55% was realized in in Europe, 20% in in Northern America, 5% in South Africa and 20% in the Asia/Pacific region. Globally employs 500 employees. c Sales & Distribution Ingredients Processing Sourcing BV US Inc Dehydrated Ingredients BV Processing Vietnam Ltd Processing India Pvt Ltd Rotterdam The Netherlands Myrtle Beach South Carolina, USA Schoonhoven The Netherlands Binh Duong Vietnam Cochin India 2

3 Distribution & Warehousing offers inventory services through a number of strategically located warehouses around the world. Just in time deliveries, flexible call-off schedules and vendor managed inventory services can be provided at customer s request. In case of unexpected adjustments in planning of input materials can offer solutions on short notice. Distribution & Warehousing: The Netherlands: Waddinxveen Schoonhoven UK: Corby USA: Fullerton, California Iron Ridge, Wisconsin Edison, New Jersey South Africa: Cape Town Durban India: Cochin Vietnam: Binh Duong Product grades The processing facilities in Vietnam, India and the Netherlands are capable of turning out a wide variety of different grades of whole, ground, cracked, sliced and kibbled product to customer s specification. On an average supplies well over 150 different grades and types. To ensure that our finished products are free of foreign material all products processed by are cleaned and graded by using various types of cleaning equipment such as de-stoners, aspirators, spirals, magnets, sieves. In addition our plants are equipped with Ventilex and Revtech built steam sterilization equipment with an aggregate capacity of up to 5 tons per hour. This is complemented by a number of different types of mills, including cryogenic, blending and metal detection equipment, which all together facilitates a combined processing capacity of around 25,000 tons of homogenized finished products. 3

4 Typical grades that can be produced are: Fine grind Coarse ground Cracked 150 to 600 micron (60-34 mesh) 600 to 1000 micron (30-18 mesh) 1000 to 2400 micron (8-12 mesh), half berries Packaging types can supply any size of packaging. Typically a product is packed in 25 kg bags, 625 kg bulk bags or 50 lbs carton boxes. Especially for preventing loss of volatile oil during transport and storage a new type of bag was developed. This 600 saves to 1000 between micron 41% (30-18 and 53% mesh) depending on type of product. Bags: Bulk bags: Pallets: Container: kg, paper or plastic bags, with or without inner liner, micro perforated, anti-slip, etc. 95 x 95 x 125 cm poly bags holding up to 625 kg wooden or plastic black pallets, 100 x 120 cm stuffing can be done loose or palletised, with or without cover sheets Revenues (in million US $) Annual Turnover

5 Volumes (breakdown by product) Spices Dehydrated Ingredients Volume (metric tons)

6 Processing Capacity (tons) Vietnam India The Netherlands 2016 Supply chain advantages has process management and warehouse capacity in place to guarantee on time deliveries and flexibility in call off schedules. Our supply chain advantages assure less intermediary costs for handling, processing and storage. Traditional supply chain supply chain Farmer Sustainable Spice Initiative Collector Nedpsice is one of the founding members of the Sustainable Spice Initiative (SSI). Started some 4 years ago, SSI Exporter is promoting sustainability in the spices supply chain. Broker Importer Broker Grinder / sterilizer Farmer Services of Just-in-time delivery Vendor managed inventory Call off contracts Mixed containers Specialties Black pepper special grades White pepper skatol free Nutmeg aflatoxin compliant Weekly price lists Monthly market updates Cumin allergen free Industrial customer Industrial customer 6

7 Companyhighlights highlights Company Processing Capacity (tons) India No of farmers Vietnam Sustainable cumin India Farmer training Vietnam Sustainable turmeric India RA SAN standard - once a year and repeated at club level India as needed (2 or 3 depending) Impact of NFPP on Communities in the Understood thefarming Turmeric Value Chain Vietnam and India: Cultivation technologies - twice a year and repeated at club 400 Established IPM Supply Chain 275 Farmer linkages developed Interventions required at Post harvest level following crop situation (3 ortested 4 depending) Farmers are helped in gettingthe their soils and water for nutrient Sustainable Supplier status for Unilever (USAC) Management Sustainable 200 cumin India requirements which will optimise the nutrients applied. ICS (internal control system) train ICS staffs and club 0 Developed healthy Farmer relations Farmer 100 linkages developed leaders Sustainable Supplier status Unilever (USAC) with subject Farmers are helped getting timely farmfor recommendations Cumin programme0 is scaled up 400% in three years matter specialists. 0 Vietnam India The Netherlands of time (estimated) Sustainable Supplier status for Unilever (USAC) Farmer * Cumin programme is scaled up 400% in three years of timefields are diagnosed regularly and control measures are given on field. * Better Turmeric Initiative was set up in 2 years of time Sustainable turmeric India No. of farmers New registered farmers Understood the Turmeric Value Chain Supply chain advantages ent to call themselves NFPP or Company Farmers and Farmers are proud get respected by the fellow farmers. its process management and warehouse capacity in place to guarantee on time deliveries Developed healthyhas Farmer relations Farmers participate in all the meetings andfor discussions ages assure less intermediary costs handling, without any Better Turmeric Initiative was set up in 2 years of time Cumin discrimination. processing and storage. Year No.of farmers Villages Hectares Purchase-MT Amount- Farmers get help to participate in the biodiversity activities Spent USD carried out A total of 630 farmers are working within the India by the company. NFPP programme divided overchain some 40 villages 2013/ ,00 Traditional supply 10 supply chain hectares under cultivation More than2014/ on safety and health. 800 Farmers get trained 2015/16 Farmer interacts with farmer600 groups in Team of agronomists villages , ,00 Farmer Farmers save money by Services selling theirof product in the village instead of having to transport further. Just-in-time delivery 10 weather monitoring station for data build up Pest and Sustainable Spice Initiative Collector was installed is one of the founding members of the Vendor managed inventory Turmeric The farms in our NFPP programme are small farms with an average of CallSo offthey contracts about 1-2 HA per household. almost always use the family Research plots Year for testing application of crop Sustainable Spice Initiative Started some 4 No.of (SSI). farmers Villages Hectares Purchase-MT labour forces to manage their farm during theamountyear and hire the Mixed containers protection chemicals have been setsustainability up years ago, SSI is promoting in the Spent USD farm Exporter workers for season activities such as harvesting, fertilizing, cleaning, puring etc. With the current size of the NFPP programme in spices supply chain. IT technology introduced to turn farms into Smart 2013/ ,00 Vietnam for example, it creates jobs for 523 households and more Farms enabling better farm management and 2014/ hired workers 90 Specialties ,00 than a year. traceability Broker 2015/ Black pepper 200 special30.540,00 grades Farmer coaching visitsskatol Vietnam White pepper free Sustainable turmeric Sustainable Cumin Importer Audit times per year at least (whenever needed) have been developed 34 villages Some 30 farmers in 3 villages joined the NFPP Farmer linkages Monitoring 2-3 times perin year at least in Rajasthan NFPP brochure on price - Weekly lists project Cumin programme was scaled up by 400% in three years of time (whenever needed) Monthly market updates Broker 40 hectares under cultivation with 200 tons output covering 4400Coaching hectares times whenever farmer(s) in need Improved post harvesting techniques have been Total output during 2016 was 1200 tons expected to increase to tons in 2017 introduced through the/ Better Turmeric Initiative Grinder sterilizer Sustainable supplier status achieved for Unilever Sustainable Agriculture Code (USAC) Industrial customer Industrial customer (estimated) Most of output meets EU and USA criteria for pesticides and allergens

8 India A total of 630 farmers are working within the India NFPP programme divided over nearly 40 villages. More than 4400 hectares under cultivation. Team of agronomists interacts with farmer groups in villages. Pest and weather monitoring station for data build up was installed. Research plots for testing application of crop protection chemicals have been set up. IT technology introduced to turn farms into Smart Farms enabling better farm management and traceability. Sustainable Cumin Farmer linkages have been developed in 34 villages in Rajasthan. Cumin programme was scaled up by 400% in three years of time covering 4400 hectares. Total output during 2016 was 1200 tons expected to increase to 1500 tons in Sustainable supplier status achieved for Unilever Sustainable Agriculture Code (USAC). Most of output meets EU and USA criteria for pesticides and allergens. Sustainable turmeric Nearly 30 farmers in 3 villages joined the NFPP project. 40 hectares under cultivation with 200 tons output. Improved post harvesting techniques have been introduced through the Better Turmeric Initiative. Impact of the NFPP on Farming Communities in Vietnam and India: Farmers are helped in getting their soils and water tested for nutrient requirements which will optimise the nutrients applied. Farmers are helped getting timely farm recommendations with subject matter specialists. Farmer fields are diagnosed regularly and control measures are given on field. Farmers are proud to call themselves NFPP or Company Farmers and get respected by fellow farmers. Farmers participate in all the meetings and discussions without any discrimination. Farmers get help to participate in the biodiversity activities carried out by the company. Farmers get trained on safety and health. Farmers save money by selling their product in the village instead of having to transport further. The farms in our NFPP programme are small farms with an average of about 1-2 HA per household. So they almost always use the family labour forces to manage their farm during the year and hire the workers for season activities such as harvesting, fertilizing, farm cleaning, puring etc. With the current size of the NFPP programme in Vietnam for example, it creates jobs for 523 households and more than 6000 hired workers a year. 8

9 You can find more information on the programme and download our NFPP brochure on You can find more information on the programme and download our NFPP brochure on 9

10 10

11 11

12 2411 North Oak St, Suite 303A Myrtle Beach, SC USA

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