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DISTRIBUTION OPERATIONS AT ANSA McAL TRADING LIMITED (GUYANA) TRANSITIONS TO ANSA McAL DISTRIBUTION INC.

The ANSA McAL Group wishes to announce its strategic decision to streamline its business
operations in Guyana to continue its path of a sustainable future and growth trajectory.
Effective 1 st September 2023, the Distribution operations at ANSA McAL Trading Limited
(Guyana) (AMTL) will officially transition to ANSA McAL Distribution Inc. (AMDI).

This move, according to Mr. Troy Cadogan, Managing Director, AMTL, will facilitate greater
alignment with the strategic vision of the Group’s Distribution Sector and will benefit all
stakeholders, in addition to the immeasurable contributions to Guyana’s economy.

“AMDI, as an independent entity, will add value to the already stellar portfolio of AMTL. We
remain steadfast in our commitment to delivering products and brands to our wholesale
and retail customers in the most efficient, cost-effective manner, supported by brand
management at World Class Standards”, Mr. Cadogan stated.

For the past thirty years, AMTL has stood as the largest, most prominent, and constantly
expanding distribution company in Guyana. The company will continue the operations of
the Group with an emphasis on Real Estate Development in Guyana.

The ANSA McAL Group has made exceptional contributions to the business and cultural
landscape in Guyana and remains committed to the nation’s continuous development
through each business sector in which it operates.

In September, the ANSA McAL Group made a strategic move to streamline its business
operations in Guyana to continue its path to a sustainable future and growth trajectory.
Effective 1 st September 2023, the Distribution operations at ANSA McAL Trading Limited
(Guyana) (AMTL) were officially transitioned to ANSA McAL Distribution Inc. (AMDI).

This move, according to Mr. Troy Cadogan, Managing Director, AMTL, facilitates greater
alignment with the strategic vision of the Group’s Distribution Sector and will benefit all
stakeholders, in addition, to making immeasurable contributions to Guyana’s economy.

“AMDI, as an independent entity, will add value to the already stellar portfolio of AMTL. We
remain steadfast in our commitment to delivering products and brands to our wholesale
and retail customers in the most efficient, cost-effective manner, supported by brand
management at World Class Standards”, Mr. Cadogan stated.

For the past thirty years, AMTL has stood as the largest, most prominent, and constantly
expanding distribution company in Guyana. The company will continue the operations of
the Group with an emphasis on Real Estate Development in Guyana.

The ANSA McAL Group has made exceptional contributions to the business and cultural
landscape in Guyana and remains committed to the nation’s continuous development
through each business sector in which it operates.

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