Mr. Rahul Colaco

CHIEF EXECUTIVE OFFICER

We have been always maintaining a high level of Corporate Social Responsibility (CSR) which will contribute to sustainable development by delivering economic, social and environmental benefits to all stakeholders, staff, customers and most importantly the people of Myanmar in line with our motto 'Being A Good Corporate Citizen'.

Since the beginning of the first wave of COVID-19, as a show of support towards the people of Myanmar, we donated 200,000 bottles of hand sanitizers worth of 500 million MMK, to hospitals, Quarantine centers, Monasteries, Nunneries and local NGOs supporting the pandemic relief efforts. In December 2020, our company just celebrated 25 years of its existence. We decided to celebrate this milestone in a unique way, by giving back to Myanmar at the time of her need. Therefore, we have donated 600 COVIFOR Remdesivir injections manufactured in India to treat 100 critically infected patients to the Department of Medical Research. Furthermore, we donated essential commodity such as masks, rice and cooking oils to under privileged communities during this difficult time. Recently, we organized a companywide donation campaign to commemorate our 25th Anniversary which received strong support and commitment from all our staff. In addition to the generous amount collected from employees, the company provided an additional top up to build 200 million MMK to purchase COVID-19 vaccines to help win the war against the pandemic. We are very proud and grateful for this opportunity and we believe that our donation could contribute towards this important cause.

According to the record by the end of 2020, the long running campaign on providing free eye treatment helped over 74,000 patients who could not afford sight-saving treatment. And we continue working hard to bring clean water to villages and poor districts through the provision of wells, supporting facilities and education and have brought accessing drinking water for over 12,379 Household and over 73,334 residents in 131 villages across Mon state, Yangon, Mandalay, Ayeyarwady, Bago and Magway regions.

And for 2021, we have also earmarked funds for product development, research, quality control and community involvements. The top priority has and will always be the investment in our customers, staff, partners, and the local communities. We have purchased hundreds of thousands of tonnes of broken rice yearly from the local Myanmar farmers, bringing in billions of MMK into the local farming economy.”