WELCOME TO ANGOSTURA^®

The home of the world-renowned ANGOSTURA^® aromatic bitters and rums

WHEN WERE YOU BORN?

INVESTOR relations

CORPORATE GOVERNANCE STANDARDS

The Company recognises that a robust corporate governance structure is crucial to its optimal performance and facilitates the ultimate goal of building long-term value for its stakeholders. Accordingly, the Company strives to uphold the highest standards of corporate governance and as a member of the Caribbean Corporate Governance Institute (CCGI) the Company is taking steps towards fully adopting the four (4) foundational principles outlined in the 2024 Trinidad and Tobago Corporate Governance Code. Outlined below is a summary of our status with respect to each principle:

Governing Body Effectiveness

The Company is headed by an effective Board of Directors, which is collectively responsible for the long-term success of the Group. As permitted by the Company’s By-Law No. 1, the Board delegates certain of its powers to its Sub-Committees, subject to section 84(2) of the Companies Act, Chap. 81:01. The Sub-Committees make recommendations to the Board for approval. Our Board of Directors is fully independent featuring gender diversity with an equal representation of male and female directors, as well as ethnic and age diversity. Our Board members also bring professional and experiential diversity in their knowledge, expertise, and skills, strengthening our leadership with a broad range of perspectives and balancing continuity with fresh perspectives.

Oversight and Accountability

The Board presents an accurate, timely and balanced assessment of the Company’s performance, position and prospects through (inter alia) timely disclosure of material matters affecting the Company, a robust Audit Committee and reporting to Shareholders via the publication of our unaudited quarterly and audited full year financial statements, annual report and at our annual meetings. As a publicly listed company on the Trinidad and Tobago Stock Exchange (TTSE), we uphold the highest standards of integrity,
transparency, accountability, and ethical conduct through a strong corporate governance framework.

Stakeholders and Disclosure

The Company strives to promote constructive relationships with all Shareholders to facilitate the exercise of their ownership rights and encourage engagement with the Company. The Company’s annual and special meetings (when required) foster active participation by Shareholders who are encouraged to engage in discussions with the Board and Management. In addition to annual meetings, the Company periodically arranges other meetings with stakeholders, for example, Earnings Meetings/Calls, at which key performance highlights are presented, and questions are ﬁelded from the audience, to promote investment in the Company, for the beneﬁt of our Shareholders. To further engage with our Stakeholders, we have shared pertinent information on the Company via the Investor Relations section of our website, which also facilitates the submission of questions and queries.

Corporate Sustainability, Ethics and Enduring Value Creation

At Angostura, we define success not only by our financial performance but also by the lasting impact we have on the environment and communities we serve. We are a family that embodies our core values PRIME – Passion, Respect, Innovation, Mutual Trust and Excellence. By aligning our projects with the UN Sustainable Development Goals, we are committed to sustainable actions that not only prioritise profit but also people and the planet. The members of our Board of Directors and Management team uphold the highest standards of ethical responsibility and business conduct, act honestly and in good faith, in the best interest of the Group at all times. As a member of the Supplier Ethical Data Exchange, we ensure our supply chain partners also uphold ethical practices, comply with labour standards, respect human rights, and operate in a responsible manner to protect the environment. Our Code of Business Conduct and Ethics Policy, along with our Corporate Governance Policy and Whistleblower mechanisms are integral in ensuring that ethical business practices are consistently followed. Our true measure of success lies in the long-term value we create for our shareholders, employees, customers, and the wider community.