Company Update

AEP Plantations plc, which owns, operates and develops sustainable palm-oil production in Indonesia and Malaysia, provides the following update on the flooding that is currently severely affecting the island of Sumatra.

Exceptionally heavy rainfall in Western Sumatra has caused severe flooding and landslides across the region. The has impacted Sibolga Town and the surrounding areas, including the Company's PT Cahaya Pelita Andhika ("CPA") estate in Central Tapanuli Regency, North Sumatra. Floodwater has covered over 4,000 hectares of CPA and temporarily disrupted electricity and telecommunications.

As a precaution, employees, staff, and their families residing on-site were safely evacuated and we are relieved to confirm that there has been no serious injury or no loss of life among our employees, and all affected personnel are accounted for and safe. The Company has also been focussed on ensuring the wellbeing of nearby communities and providing essential support to these through the coordination of the delivery of food, medicines, and other basic supplies.

While the physical impact is still being evaluated, we do not foresee a significant loss in Group fruit production, given the strong underlying operational momentum across the portfolio. The Company anticipates harvesting at CPA can resume toward the end of December 2025, subject to safe restoration of access and logistics.

We will provide a further update once assessments are complete.