The combined platform supports agribusinesses in meeting EU Deforestation Regulation (EUDR) and ESG requirements with end-to-end transparency across key commodities.

SINGAPORE - 19 August 2025 - Agridence Grp Holdings Pte. Ltd. ("Agridence"), a Singapore-based leader in digital agri-commodity supply chain solutions, announced its acquisition of farmer connect, a European compliance and traceability platform.

This acquisition comes alongside Agridence's newly secured investment, enabling the company to build a unified offering that helps agribusinesses meet regulatory compliance and supply chain transparency requirements efficiently across multiple commodities.

"Agridence and farmer connect bring together complementary expertise—Agridence's deep upstream presence in Asia and farmer connect's strong downstream buyer compliance focus in Europe," said Gerald Tan, CEO and Founder of Agridence. "This augmented competency benefits Agridence's customers by providing access to a well-established EU-presence and gives farmer connect's customers sourcing access in Asia. We are now better positioned to help our customers navigate European regulations and demonstrate compliance through a trusted, end-to-end solution."

The combined platform offers:

Compliance Tools: Polygon-level farm mapping, deforestation risk monitoring, and supply chain tracking aligned with EUDR and relevant ESG standards.

End-to-End Visibility: Data tracking from producers through processing and export to support audit readiness and reporting needs.

Multi-Commodity Coverage: Support for key commodities including coffee, cocoa, rubber, and palm oil.

ESG Reporting: Automated data aggregation to facilitate regulatory and market reporting.

"This acquisition builds on the strong foundation we developed at farmer connect. I want to thank our talented team, the dedicated board, and Sucafina for their continued support, each of whom played a critical role in making this possible" said Stefano Rettore, Chairman of farmer connect. "Many global agribusinesses, including large FMCGs, already use both farmer connect and Agridence platforms. Our clients have responded positively to this consolidation, recognizing that fewer platforms mean less complexity and greater efficiency. This merger unlocks new synergies and opportunities, enabling us to deliver even more value to the industry as it navigates growing compliance and sustainability requirements."

Following the acquisition, Agridence will maintain uninterrupted service for all existing farmer connect customers, while expanding the platform's capabilities and market reach. This integration combines the strengths of both companies, enhancing compliance and traceability solutions without affecting current ongoing business operations. Our unified platform remains dedicated to helping companies navigate evolving regulatory and sustainability challenges.

About Agridence

Agridence is a Singapore headquartered agri-tech platform that digitises global agri-commodity supply chains to deliver end-to-end traceability, ESG compliance, and sustainability reporting. Our cloud-native, API-ready software combines AI analytics, geospatial mapping and mobile application data capture to monitor natural rubber, palm oil, cocoa, coconut and other crops end-to-end.

Multinational companies, traders, processors and smallholders rely on Agridence to be compliant with the European Deforestation Regulation (EUDR), RSPO, GPSNR and other certification and assurance models. By embedding technology, trust and transparency at scale, we help the agri-commodity sector reduce deforestation risk and build resilient, low-carbon, socially responsible supply chains.

The Agridence ecosystem unlocks:

* Real time supply chain transparency and chain-of-custody tracking

* Automated environmental, social and governance (ESG) risk analysis

* Smallholder onboarding and digital payment workflows

* API integrations with ERP, trading and certification systems

By turning complex compliance into competitive advantage, Agridence helps enterprises de-risk sourcing, protect forests, and build a more resilient, sustainable agriculture ecosystem.

Discover our agri-commodity compliance platform at www.agridence.com, email info@agridence.com, or follow us on LinkedIn at www.linkedin.com/company/agridence.

The issuer is solely responsible for the content of this announcement.