Wisynco Group Limited (‘WISYNCO’) announces that it has entered into an agreement with Jamaica
Producers Group Limited (‘JP’) to acquire 30% of the shares in JP’s subsidiary JP Snacks Caribbean
Limited (‘JP Snacks’) a holding company that will own the “JP St. Mary’s” brand and JP’s tropical snack
manufacturing operations. JP will hold the remaining 70 % percent of JP Snacks.

The goal of the partnership is to bring to consumers in Jamaica and internationally, a wide range of
innovative Caribbean snacks and tropical foods. WISYNCO will bring to the partnership, their expertise
in marketing, manufacturing and importantly, their best in class distribution network. The transaction
values JP Snacks at J$2.4 billion and sees WISYNCO investing J$720 million for a 30 percent interest.

The business will seek to strengthen distribution in existing markets in the USA, Canada, the Caribbean,
the UK and Central America, in addition to seeking new markets. JP St. Mary’s snacks will continue to
be the flagship product line of JP Snacks through its banana, plantain, cassava and breadfruit chips, as
well as similar product lines for the Spanish language markets.

WISYNCO is the maker of WATA, CranWATA, BOOM Energy Drink and BIGGA soft drinks. In
addition to its owned brands, WISYNCO is the exclusive local bottler for the Coca- Cola Company, as
well as third-party beverage brands such as Squeezz and Hawaiian Punch and also distributes portfolios
for Red Bull, Tru Juice & Freshhh, Dr. Pepper, Worthy Park Estate, Kellogg’s, General Mills, Nestle
and others.