NEWS RELEASE

Yoshiharu Okamoto
Corporate Communication Group,
Fuji Oil Holdings Inc.
Email: kouhou@so.fujioil.co.jp

April 22, 2021

Planting of 100,000 trees in Western Ghana with One Tree Planted

The Fuji Oil Group is partnering with One Tree Planted, a non-profit
organization in the United States, to plant 100,000 trees in Western Ghana,a cacao producing area through a donation of US $100,000. This tree
planting will be carried out as part of the Cacao Sustainable Procurement
Commitment announced by the Group in June last year.

One Tree Planted is US-based 501(c)(3) reforestation non-profit. Started in 2014,
they have more than doubled the number of trees planted year over year now
working with reforestations partners in North America, South America, Asia, andAfrica. The organization planted 10 million trees in 2020 and is on target to eclipse
planting 20 million trees worldwide in 2021. Their key impact pillars of air, water,biodiversity, social, climate, and health guide their efforts around the world as theywork to ensure the restoration and new growth of native biodiverse forests.
Working in concert with local and community partners on the ground they reforest
land degraded from industry, natural disasters like wildfires and floods, and rapid
urbanization always striving for maximum environmental and social impact fromjob creation and community building to watershed and habitat restoration.
In 2021, One Tree Planted will manage the planting of 100,000 saplings in Western
Ghana targeting cacao farms and the surrounding region. Widespread deforestationin Western Ghana is caused by competing land use, largely brought on by thediscovery of oil and gas, increasing interests in rubber plantations, and rapidurbanization. These practices come with extensive forest clearing, leading todecreases in tropical biodiversity, an increase in greenhouse gas emissions, as well
as a number of human impacts.
Local communities and smallholder farmers are facing the loss of land used for foodcrops, declining soil fertility, increased floods, and drought conditions that
undermine their ability for farming and sustainable livelihood. This reforestation
project in Western Ghana seeks to raise and distribute seedlings to cacao farmers
to integrate into their farms, around the communities, planting along the streetsand alleys, as well as in parks and recreation areas.
Trees species provided will include light shade trees, nitrogen-fixing trees, fruittrees, and non-timber forest plants (NTFPs). These trees will be introduced into thefarmlands at varied intervals to enhance biodiversity, improve soil, and benefit theoverall ecosystem health. The farmers will then benefit from trees planted in cacao

farms upon maturity by harvesting fruits, spices, and utilizing and selling otherproducts as medicine. The partner in Ghana facilitates these reforestation effortswith a focus on empowering women, youth, and other vulnerable populations
through these restoration efforts.
Throughout the project, One Tree Planted will work with their planting partner toreceive regular updates to determine project progress, success, and to identify andovercome any potential barriers. One Tree Planted ensures that a monitoring
update is submitted 12 months after the planting has been completed.
The update includes tree survival rate, jobs created through maintenance, whenavailable monitoring, and other metrics such as canopy cover, density and diversityof regenerating trees all of which are submitted as part of the monitoring update.
Upon completion of the project, their planting partners submit a report highlighting
the number and species of trees planted as well as highlights of ecological,
biodiversity, and community benefits.
One Tree Planted is a funder of this specific project. One Tree Planted funding
covers the cost of tree saplings allowing their partners on the ground to scale theiroperations by allocating their other resources to site preparation and long term
maintenance and monitoring of the trees. The Fuji Oil Group has donated US$100,000 to One Tree Planted for the activities of this project in Ghana which will
result in planting 100,000 trees.
One of the sustainable procurement targets for cacao announced in June last year
is to plant 1 million trees by 2030 as a measure to support biodiversity and climate
resiliency. This initiative is the first step in that effort. We will face the challenges ofthe cacao production area and develop the Group's chocolate business throughresponsible cacao procurement.

[2020.6.4 Sustainable Procurement Commitment to Eliminate Child Labor andPrevent Deforestation]
https://www.fujioilholdings.com/news/2020/1198316_2533.html
About Fuji Oil Holdings
The Fuji Oil Group is a manufacturer of plant-based food solutions in the fields ofhard butters for chocolate and industrial use chocolate; confectionery and bakery
ingredients including cream, margarine, and cheese-flavor ingredients; and soy
ingredients. With Headquarters in Japan, the Group has 32 companies in 14
countries and employs nearly 6,000 talented people.
Using plant materials such as cacao, palm, soybeans, and shea as the main raw
materials, we are pursuing new "deliciousness" that will lead to the future throughthe creation of a healthy food system, including sustainable raw material
procurement.
https://www.fujioilholdings.com/

About One Tree Planted
One Tree Planted is a 501(c)(3) non-profit environmental charity dedicated tomaking it easy for individuals and businesses to give back to the environment,
create a healthier climate, protect biodiversity, and ensure thriving forests for
current and future generations through best in class reforestation efforts aroundthe world. They are on target to eclipse planting 20 million trees in 2021 thanks totheir phenomenal partners from Jane Goodall and Coldplay to the World Resources
Institute and Fuji Oil. https://onetreeplanted.org/