TBI Corn Limited — Board Meeting, 13-12-2024: Outcome of Board Meeting

The Board of Directors of TBI Corn Limited has approved the incorporation of two wholly-owned subsidiaries. One will focus on wet milling of corn and related processing activities, while the other will be a Section 8 company dedicated to social causes, including supporting farmers and enhancing community efficiencies. These initiatives are subject to necessary regulatory approvals. Further disclosures will be made following the establishment of the subsidiaries.