Your monthly payroll contributions are managed locally and are shown in your EquatePlus account for tracking and calculation purposes.

A Purchased Share Equivalent represents the share-tracked value created from your monthly contributions using the Kerry share price as a reference. After two years, their value at that time will be paid to you in cash, via payroll.

A Matching Share Equivalent represents the additional value Kerry may provide subject to the applicable holding period and plan conditions. They will unlock after two years and their value at that time will be paid to you in cash, via payroll.

Whenever Kerry pays a dividend during the two-year holding period, you may receive Divided Share Equivalents in accordance with the plan rules. Local regulations in your country means that we are restricted from delivering your dividends in the form of actual shares. This means that instead, you will receive Dividend Share Equivalents which are linked to the value of any dividends paid on Kerry shares while you hold your Purchased Share Equivalents in the plan. They will be paid to you in cash through your local payroll after two years, when your Share Equivalents unlock. You will only receive Dividend Share Equivalents on your Purchased Share Equivalents.

No. No actual Kerry shares are purchased, allocated, transferred or issued under OurShare (Cash Plan).

The Purchased Share Equivalents are calculated using the Kerry share price on Euronext Dublin as the reference price. Our share price changes, based on various factors including company performance and market conditions. You can find our current share price on:

• The OurShare Hub: kerryourshare.com
• The EquatePlus dashboard
• Kerry.com

Yes. Local currency contribution amounts may be converted into euros within EquatePlus for tracking and calculation purposes.

You're not eligible to join the plan if you:

• Don't meet the requirements (see 'Who can join OurShare (Cash Plan)?').
• Are working your notice period – however long that notice period is.
• Are on a fixed term contract and due to stop working for Kerry before the end of the calendar year. If you want to join in September, you'll need to still be working with Kerry beyond 31 December of that year.
• Aren't directly employed by Kerry. This includes external workers, contractors and agency staff.
• Are part of a Kerry acquired business which is not fully integrated.

If you are an 'Insider' on Kerry's Restricted list, you can only join OurShare (Cash Plan) in an open period and when you are not in possession of inside information. You will be notified by the Company Secretarial team if this applies to you. Please see our Dealing in Securities Policy, on our myKerry intranet site, for more information.

No, OurShare (Cash Plan) isn't Sharia Law compliant.

OurShare (Cash Plan) runs for 12 months with an opportunity for you to join or re-join each year. If you join the plan in September, you'll make your first contribution in October. Your last contribution for that cycle will be the following September. At that point, you'll automatically be re-enrolled onto the next 12-month cycle, for the same amount.

Yes, you can change how much you contribute at any time, through your EquatePlus account. You will need to give one month's notice so payroll can make the necessary changes. Your new contribution amount still needs to be between €10 and €200 per month (or local equivalent).

If your net pay (after tax) in a specific month is less than your contribution, you can't contribute that month. Your contributions will continue as normal the following month, so long as your pay is enough.

The same contribution limits apply whether you work full-time or part-time. Your contribution amount won't be prorated. This may impact how much you decide to contribute.

You might be paid weekly or bi-weekly. You'll need to follow the same process and choose your monthly contribution limit when you join OurShare (Cash Plan). Payroll will then calculate the weekly or bi-weekly equivalent contribution, and round it to two decimal places.

You make your contributions in your local currency. The minimum and maximum contribution limits are set in Euros and are converted to your local currency using the average exchange rate for the period from 1 January to 31 July.

When you make a contribution in your local currency, this is then exchanged into Euros before being converted to Purchased Share Equivalents each month. Purchased Share Equivalents need to be in Euros because Kerry shares are traded in Euros. Exchange rates go up and down over time, which may affect how many Euros you invest each month.

You can keep contributing if you're on temporary paid leave, such as maternity or parental leave, sick leave or long-service leave. Your contributions will continue, if the amount you're still being paid is enough to cover the amount you've chosen to contribute.

If you aren't being paid, for example if you're on sabbatical, we'll pause your contributions. Your contributions will start again when you start being paid again but you can't make up for any missed monthly contributions. In some countries, legislation means we need to allow colleagues to keep contributing to OurShare (Cash Plan). Where that is the case, we will offer you an alternative contribution method. You can't contribute from statutory payments, such as statutory maternity or sickness pay.

Yes, all tasks and transactions, including joining, must be completed on the EquatePlus platform, for which you need access to the internet. If you do not have internet access, you may be able to use a company device depending on arrangements at your work location.

To make things easy, when you join OurShare (Cash Plan), we'll automatically re-enrol you in future cycles if you're still eligible. You'll have the same monthly contribution amount.

If you're contributing in a currency other than Euros, the minimum and maximum contribution may change year on year as the exchange rate changes.

• If the new minimum in your currency is higher than your current contribution, you'll receive an email asking you to enter a new amount.
• If the new maximum in your currency is lower than your current contribution, your contributions will automatically be reduced to the new maximum.

You can choose to change your contributions during the annual enrolment period every September, or throughout the year.

If you previously joined OurShare (Cash Plan) and are still contributing, you'll be automatically re-enrolled for the next year's cycle. Your monthly contribution will stay the same unless it's now below the minimum or above the maximum allowed in your local currency.

Your final contribution from last year's plan will be in September, and your first contribution for this year's OurShare (Cash Plan) will be in October. This means there will be no gap or overlap.

You won't be automatically re-enrolled, and will need to join during the enrolment window, if you:

• Are no longer contributing to OurShare (Cash Plan)
• Opted out of auto-enrol.

Yes. You'll simply need to re-enrol when a new joining window opens.

The plan is flexible, so you can make changes at any time. However, this is a good time to look at your contributions and check that they still work for you. You might still be happy with your choices, or your circumstances might have changed.

Remember, you can always change your mind at any time!

A Purchased Share Equivalent represents the share-tracked value created from your monthly contributions using the Kerry share price as a reference. After two years, their value at that time will be paid to you in cash, via payroll.

A Matching Share Equivalent represents the additional value Kerry may provide subject to the applicable holding period and plan conditions. They will unlock after two years and their value at that time will be paid to you in cash, via payroll.

The Total Balance represents the combined value of your Purchased, Matching and Dividend Share Equivalents, in line with the Kerry share price.

EquatePlus helps you follow the value of your Purchased and Matching Share Equivalents throughout the plan lifecycle. This means that when you access EquatePlus, you will be able to see the number of Share Equivalents you have and their current value as they compare to the Kerry share price.

You will receive updates and notifications from EquatePlus by email or through the app. To make sure you get these updates, you should download the app and keep your contact details up to date on EquatePlus. This is particularly important if you don't have a Kerry work email.

After two years, you will receive the cash value of your Share Equivalents via payroll, minus any applicable tax, provided that you are still participating in the plan.

No, you can't sell your Purchased Share Equivalents as they are not actual shares. You can, however, choose to 'cash-out' your Purchased Share Equivalents any time you want via your EquatePlus account. You can do this by submitting a 'Cash Payout' request on your account and payroll will then process a cash payment for you as soon as possible. However, remember if you cash-out your Share Equivalents before the end of the two-year holding period, you will lose any unlocked Matching Share Equivalents.

Yes. Whenever Kerry pays a dividend during the two-year holding period, you may receive Divided Share Equivalents in accordance with the plan rules. Local regulations in your country means that we are restricted from delivering your dividends in the form of actual shares. This means that instead, you will receive Dividend Share Equivalents which are linked to the value of any dividends paid on Kerry shares while you hold your Purchased Share Equivalents in the plan. They will be paid to you in cash through your local payroll after two years, when your Share Equivalents unlock. You will only receive Dividend Share Equivalents on your Purchased Share Equivalents.

The Kerry share price can go up as well as down, and exchange rates fluctuate too. We can't predict future share price or exchange rates, so there is some element of risk. As with any investment, the amount paid to you at the end of the plan may be more or less than the total contributions you have made.

You should carefully consider the potential risks and your own personal financial situation, needs and goals before joining OurShare (Cash Plan). Whilst Kerry can't provide financial advice, we have provided resources about OurShare (Cash Plan) – it's important that you take the time to read them so you can make an informed decision.

You can reduce your contributions or leave the plan but can't pause contributions. The only exception is if you're not getting paid by us (see the question on unpaid leave).

If you leave Kerry, you will be no longer eligible to participate in OurShare (Cash Plan), so your contributions will stop. Any Purchased and applicable Matching Share Equivalents you have will be treated in accordance with the Plan Rules.

Your last contribution will come from your final salary. Depending on why you leave Kerry, you may still get the extra Matching Share Equivalent.

To ensure you get all the updates you need you should keep your contact details up to date on EquatePlus – if we need to contact you, we will do so via email first.

It depends on when you leave Kerry. There are some exceptions where Kerry will still give you your locked Matching Share Equivalents. These are:

• Retirement
• Redundancy
• Death in service
• Disability, illness or serious injury
• Ending a Fixed Term Contract, if it's in the original agreement
• The business – or part of it – changing control (e.g. being sold to another company).

You will receive your Matching Share Equivalents through a cash payment. Cash payments via payroll for leavers are processed on a quarterly basis (March, June, September and December) through the next available leaver processing cycle.

If you leave Kerry and then return, you'll be able to join OurShare (Cash Plan) again during the next enrolment period (if you're still eligible). However, you'll effectively be considered a new joiner. You won't be able to come back to your previous enrolment.

This varies from country to country. Each country has its own regulations on taxing income, and you should read our 'Country Employee Tax Notes', available in the 'Resources' section for information about your local regulations, the amount due, reporting requirements and your personal tax obligations. Please note there could be future changes in your country's tax laws, which could impact you in relation to your investment.

Many countries have their own local rules on reporting income of any kind.

For more detailed information about the rules per country, see our 'Country Employee Tax Notes', available in the 'Resources' section. Please be aware, there could be future changes in country laws, which could impact or change the reporting requirements you may have. If there's any doubt, you should check with a personal financial and/or tax advisor.

This will depend on what country you have moved from and to. In summary:

1. If you move to another country and the currency in which your salary is paid changes, it will not be possible for you to continue to participate. In this scenario the following treatment will apply:
   1. All future contributions via payroll deductions will stop
   2. You will keep any Purchased Share Equivalents already applied on your behalf with your contributions
   3. You will also remain eligible to receive any associated Matching Share Equivalents up to the point you transfer. These Matching Share Equivalents will unlock as normal after the two-year holding period (subject to the usual conditions)
2. If you move from a country with a cash plan, to a country where Kerry offers shares, you will be offered a share-based plan instead.