FAIRCHEM CONSUMER GOODS TRADING

In November 2015, Fairfax (India) Holdings Corporation (FIH) – investment arm of Fairfax Group incorporated in Canada and managing over USD 45 billion in assets – acquired about 45% of the equity capital in erstwhile Adi Finechem Limited (AFL), listed on the Indian bourses. Equity shares were acquired in a secondary market transaction from the existing promoter-shareholders of AFL. Mr. Nahoosh Jariwala, Founder and Managing Director of AFL continued to lead the Company in their respective positions. Fairchem has perfected the business model of procuring waste generated in the oil refining mills and then using state of the art process equipment to isolate and purify a variety of components from the waste. Some of these components are used as building blocks to make further value-added products like Dimer acid. Fairchem is India’s only manufacturer of Dimer acid used in many consumer products including paints, printing inks, epoxy hardeners, drilling chemicals and moulds. Fairchem also processes Tocopherol which is used in formulating Natural Vitamin-E. Yellow color is for the sun, blue color is for water and the green for agriculture. When the blue and yellow merge, it turns into green color. No vegetation is possible without this combination. The two upper tips of symbol also suggest a future growth. He holds a bachelor’s degree in Commerce from Gujarat University. He is a businessman par excellence having experience of more than 30 years in the chemical industry. He took charge as Managing Director in April, 2010 and under his leadership, top line jumped nearly 18 times in first 12 years only. He has been the Managing Director & CEO of Fairbridge Capital since May 2018, playing a pivotal role in sourcing, evaluating, negotiating, and executing investment opportunities. Sumit also serves on the boards of various Fairfax portfolio companies. A seasoned investment professional with deep experience in both private and public Indian companies. He excels in conducting due diligence, managing high governance, and providing strategic direction to portfolio companies. Sumit is deeply connected within the Indian business community and is an active member of the Young Presidents’ Organization (Mumbai Chapter). Before Fairbridge, Mr. Sumit worked with KPMG in India and the UK, specializing in audit and advisory services. Venkatraman Srinivasan is an Independent Director of our Company. He was a partner in M/s. V. Sankar Aiyar & Co. , Chartered Accountants, for almost 40 years. He was engaged in audit and assurance practice and direct tax and corporate advisory services, specialising in statutory audits of banks, mutual funds and financial companies, public sector companies, and in advisory in the areas of direct tax, company law, competition law, the Foreign Exchange Management Act (FEMA) and Securities and Exchange Board of India (SEBI) matters. He has a work experience of 40 years. He was a special invitee on the Accounting Standards Board of the Institute of Chartered Accountants of India (ICAI) for the F. Y. 2020-21 and was a special invitee on the Ind AS Transition Facilitation Group Committee of the ICAI for the F. 2019-20. He participated in the case study based governance program on “Audit Committees in this New Era of Governance” at the Harvard Business School. Darius Pandole is an Independent Director of our Company. He holds a Bachelor’s Degree in Economics from Harvard University and a Master’s Degree in Business Management from the University of Chicago. He is presently the Managing Director and Chief Executive Officer – Private Equity and Equity AIF’s, JM Financial Limited. Prior to this, he was a partner at New Silk Route Advisors, a private equity advisory firm primarily focused on India. He was also an Executive Director with IDFC Asset Management Company Limited that managed the India Development Fund, an infrastructure focused private equity fund. Ms. Sonal Vimal Ambani is an Independent (woman) Director of our Company. She has worked as an Assistant Vice President in Morgan Stanley Dean Witter. She is a renowned sculptor having exhibited in prominent exhibitions around the world including Venice. She is involved in charity and non-profit initiatives. She also holds two patents granted in the US, namely, ‘Systems and Method for Providing Financial Services to Children and Teenagers’ and ‘Purchase Management System and Electronic Receipts. Sudhin Choksey is an Independent Director of our Company. which merged with Bandhan Bank. As a part of the scheme of merger, Mr. * We expect to compound our mark-to-market book value per share over the long term by 15% annually by running Fairfax and its subsidiaries for the long term benefit of customers, employees and shareholders - at the expense of short term profits if necessary. By using local and global sourcing capabilities procure inputs - preferably waste of another industry - at low cost, use modern processing technology and equipment to make products for use in day to day life, and use Research & Development strengths to enhance value within given feedstock by isolating unique products and processing other components to make value added products. Honesty and integrity are essential in all our relationships and will never be compromised. We are results oriented - not political We are team players - no "egos". A confrontational style is not appropriate. We value loyalty - to Fairfax and our colleagues We are hard-working but not at the expense of our families. Fairchem Consumer Goods Trading exporter is a top export company in Philippines