Ausnutria_C_IR.indb

AUSNUTRIA DAIRY CORPORATION LTD 2016

2 3 16 26 28 30 31 33 1

Bartle van der Meer Cricket Square, Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 168 A8 168-200 3616 Dokter van Deenweg 150 8025 BM Zwolle The Netherlands Codan Trust Company (Cayman) Limited Cricket Square, Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 183 17M ABN AMRO Bank N.V. Rabobank 1717 www.ausnutria.com.hk 2

(A) A Ausnutria Hyproca B.V.51%49% 1897 3

48.9%434.1 (i)(ii) (iii) (B) 358.1 118.049.1%28.6% 26.3% (i)(ii)(iii) (Food and Drug Administration) (i)(ii)(iii) 4

(C) 147.4%241.719.3% 10.7% 140,000 83.0618.810% 30,00090,000 41.9308.7 5

Farmel Holding B.V.Farmel 67% 5.4 2,0641,940 34,800,00012,015,0002.45 3.8%6.4 6

1032,000 7

28.5 8

% ^ (i) 434.1 291.5 48.9 * (ii) 358.1 240.1 49.1 * (iii) 241.7 97.7 147.4 * (iv) 120.8 140.2 13.8 * (v) 10.1 100.0 * (vi) 47.8 55.0 13.1 * (vii) 48.5 77.7 37.6 1,251.0 912.3 37.1 ^ * (i) (ii) (iii) (iv) (v) (vi) (vii) 9

1,251.0912.3 338.737.1% (i)(ii) % % 236.1 149.7 54.3 51.4 274.9 140.4 33.7 22.6 511.0 290.1 40.8 31.8 511.0220.9 76.1%31.8%40.8% 19.4 14.51.02.5 10

133.0 88.9 154.8 114.1 287.8 203.0 23.0%22.3% 49.2 24.6 34.5 27.2 83.7 51.8 6.4 11

3.40.3 3.6 1.9 49% 8.87.3 Farmel50% Farmel2.12.0 25% 15% 25%200,000 20%200,00025% 26.7%3.8 25% 12

101.540.5 150.6% 932.1 837.1655.1 586.351%74.9 72.148.3 45.7Farmel 35.732.3116.1 98.8 6.245.7 16.9116.3 13

2,569.5 2,193.4834.4579.9 159.6185.4 730.8769.7 422.4186.0175.3 307.6 376.1 (i)104.1(ii)254.5 834.4579.9 172146 (i) (ii) 1923 3045 14

597.7 493.6 56.5 1,669.9 1,474.3239.3172.7 615.2475.8 722.3757.0 89.666.9 5042 398.7 228.7354.7 189.218.512.9 25.526.6 15

(1,076.9) (946.2) 730.8 769.7 422.4 186.0 175.3 307.6 251.6 317.1 3,501.6 3,030.5 1 1. 178.5 1,316.6111.4790.7 730.8 769.7 16

2.519.04.452.77 16.816.3 179.7172.9 17

113,430,2302.20 249.55 249.55248.37 130,000 (130,000) 50,000 (50,000) 50,000 (5,757) 44,243 18,366 (18,366) 248,366 (198,366) 44,243 18

1,010 3 1,013 571 392 88 1,051 1,581 3 392 88 2,064 934 4 938 521 398 83 1,002 1,455 4 398 83 1,940 197.6 145.6 19

XV352 (5) 1,200,000 (1) 0.09% 106,539,085 (2) 8.54% 1,200,000 (1) 0.09% 551,500 (3) 0.04% Bartle van der Meer van der Meer 1,200,000 (1) 0.09% 162,205,230 (4) 13.00% 1,000,000 (1) 0.08% 300,000 (1) 0.02% 300,000 (1) 0.02% 300,000 (1) 0.02% 300,000 (1) 0.02% 300,000 (1) 0.02% 20

1. 2. 106,539,085 3. 551,500 4. Dutch Dairy Investments B.V.DDI DDIPMH Investments B.V.46.55%PMH Investments B.V.van der Meervan der MeerDurk Andries van der Meer60.10%39.90% van der Meer162,205,230 5. 1,247,732,530 352 21

336 5% 1 106,539,085 8.54% 2 123,355,375 9.89% 361,738,129 28.99% 2 144,193,643 11.56% DDI 34 162,205,230 13.00% Dutch Dairy Investments HK Limited 4 162,205,230 13.00% Fan Deming BV 57 162,205,230 13.00% Manids B.V. 36 162,205,230 13.00% PMH Investments BV 37 162,205,230 13.00% Reditus Holding BV 78 162,205,230 13.00% 10 106,539,085 8.54% Durk Andries van der Meer 89 162,205,230 13.00% Ignatius Petrus Jorna 6 162,205,230 13.00% 22

1. 106,539,085 2. 123,355,37520,838,268 3. DDIPMH Investments BVManids B.V.46.55% 4. Dutch Dairy Investments HK LimitedDDI 5. Fan Deming BVvan der Meer 6. Manids B.V.Ignatius Petrus Jorna99.84% 7. PMH Investments BVFen Deming BVReditus Holding BV56.50%39.90% 8. Reditus Holding BVDurk Andries van der Meer 9. Durk Andries van der Meervan der Meer 10. 106,539,085 336 0.1 10%100,000,0008.01% 23

30% 34,800,000 0.10 2.45 1,200,000 1,200,000 2.45 1,200,000 1,200,000 Bartle van der Meer 2.45 1,200,000 1,200,000 2.45 1,000,000 1,000,000 2.45 300,000 300,000 2.45 300,000 300,000 2.45 300,000 300,000 2.45 300,000 300,000 2.45 300,000 300,000 6,100,000 6,100,000 2.45 28,700,000 (200,000) 28,500,000 34,800,000 (200,000) 34,600,000 12,015,000 0.10 2.32 24

(1) (2) (3) 3.213.23 25

4 1,251,011 912,302 (740,059) (622,212) 510,952 290,090 4 24,985 19,654 (287,807) (203,045) (83,655) (51,829) (13,008) (1,612) 5 (8,769) (7,255) 2,124 1,971 6 144,822 47,974 7 (38,644) (10,985) 106,178 36,989 101,546 40,506 4,632 (3,517) 106,178 36,989 9 8.14 4.10 26

106,178 36,989 (2,356) (22,586) (2,356) (22,586) (4,866) 1,168 (3,698) (6,054) (22,586) 100,124 14,403 96,261 12,333 3,863 2,070 100,124 14,403 27

10 655,088 586,296 1,943 1,971 74,894 72,053 48,338 45,679 35,738 32,312 116,116 98,794 932,117 837,105 11 834,359 579,857 12 159,644 185,396 247,054 164,097 719 13 730,777 769,738 13 422,381 185,990 13 175,287 307,620 2,569,502 2,193,417 14 239,299 172,692 615,163 475,826 3,586 1,943 722,261 756,993 89,561 66,873 1,669,870 1,474,327 899,632 719,090 1,831,749 1,556,195 28

354,666 189,176 18,504 12,885 25,548 26,591 398,718 228,652 1,433,031 1,327,543 108,455 108,455 1,303,156 1,204,224 1,411,611 1,312,679 21,420 14,864 1,433,031 1,327,543 29

* * * * * * 108,455 945,159 (302,835) 64,237 (65,244) 562,907 1,312,679 14,864 1,327,543 101,546 101,546 4,632 106,178 (1,587) (1,587) (769) (2,356) (3,698) (3,698) (3,698) (1,587) 97,848 96,261 3,863 100,124 (4,153) (4,153) (3,763) (3,763) 746 (3,017) 18 6,434 6,434 6,434 3,170 (3,170) 6,100 6,100 108,455 945,159 6,434 (306,598) 67,407 (66,831) 657,585 1,411,611 21,420 1,433,031 86,866 456,267 16,974 52,161 (27,093) 522,585 1,107,760 107,168 1,214,928 40,506 40,506 (3,517) 36,989 (28,173) (28,173) 5,587 (22,586) (28,173) 40,506 12,333 2,070 14,403 (2,864) (2,864) 5,941 5,941 1,492 (1,492) 86,866 456,267 16,974 53,653 (55,266) 561,599 1,120,093 112,315 1,232,408 * 1,303,156,0001,033,227,000 30

144,822 47,974 5 8,769 7,255 (2,124) (1,971) 4 (19,396) (14,531) 6 29,402 22,948 6 8,283 227 6 3,642 18 6,434 179,832 61,902 (246,150) (97,034) 26,366 7,422 (78,019) (44,653) 60,276 31,962 135,523 106,353 77,828 65,952 15,697 16,201 (6,423) (6,832) (31,976) (30,980) 1,368 (466) 56,494 43,875 (71,829) (135,682) (6,867) (1,694) 68 134 (236,391) 365,100 38,961 (452,828) (275,924) (225,104) 31

133,306 361,692 (13,755) (100,310) (3,017) 6,100 5,941 (4,153) (2,863) (799) (423) 117,682 264,037 (101,748) 82,808 307,620 278,277 (30,585) 15,501 175,287 376,586 13 175,287 376,586 32

1. Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands(i) 168A8(ii) 1682003616(iii)Dokter van Deenweg 150, 8025 BM Zwolle, the Netherlands 2. 34 33

2. 10 1228 11 1 16 38 16 41 27 3. (a) (b) 34

3. 434,126 816,885 1,251,011 112,464 112,464 434,126 929,349 1,363,475 (112,464) 1,251,011 67,216 87,851 155,067 (4,927) 19,396 (8,769) (15,945) 144,822 11,925 11,925 2,124 2,124 5,077 24,325 29,402 * 5,867 72,829 78,696 560,300 1,836,656 2,396,956 (223,782) 1,328,445 3,501,619 225,395 990,048 1,215,443 (223,782) 1,076,927 2,068,588 35

3. 291,523 620,779 912,302 17,530 17,530 291,523 638,309 929,832 (17,530) 912,302 41,822 4,825 46,647 14,531 (7,255) (5,949) 47,974 1,500 (1,273) 227 1,971 1,971 4,969 17,979 22,948 * 1,957 135,419 137,376 544,555 1,408,551 1,953,106 (185,932) 1,263,348 3,030,522 290,991 651,751 942,742 (185,932) 946,169 1,702,979 * 36

3. (a) 807,117 547,732 271,842 265,328 54,726 27,820 50,671 16,069 3,171 6,043 63,484 49,310 1,251,011 912,302 (b) 453 81,245 80,714 734,303 657,597 816,001 738,311 10% 37

4. 1,251,011 912,302 19,396 14,531 (i) 964 2,513 1,173 110 3,452 2,500 24,985 19,654 (i) 5. 8,790 9,263 799 423 9,589 9,686 (2,367) (2,431) 7,222 7,255 1,547 8,769 7,255 38

6. 731,776 621,985 8,283 227 740,059 622,212 23,824 19,488 28 28 5,550 3,432 5,253 1,659 3,642 2,779 2,000 3,437 290 171,574 134,634 * 19,618 10,938 6,434 197,626 145,572 * 39

7. 25%200,00020% 200,00025% 34%38% 15% 1,570 (3,925) 52,605 16,024 (15,531) (1,114) 38,644 10,985 8. 40

9. 1,247,732,530986,843,000 101,546 40,506 1,247,732,530 986,843,000 41

10. 71,829,000 135,682,00045,700,000 116,309,000 41,852,000 308,658,00035,685,000253,192,000 2,367,000 2,431,000 2.43 20,223,000 149,115,00014,507,000102,932,000 60,842,000448,712,00023,971,000 170,079,000 7,354,00054,236,000 7,354,00052,176,000 11. 169,541 213,031 659,418 361,850 5,400 4,976 834,359 579,857 66,812,000 492,739,00055,063,000390,683,000 42

12. 124,275 145,552 35,369 39,844 159,644 185,396 768,0005,664,000 271,0001,923,000 115,781 133,170 5,903 6,807 129 3,112 2,462 2,463 124,275 145,552 3,642,000 30,648,000 226,029,00017,896,000126,976,000 43

13. 175,287 307,620 1,153,158 955,728 1,328,445 1,263,348 (730,777) (769,738) (422,381) (185,990) 175,287 307,620 117,165,000 186,210,000 44

14. 237,834 170,769 1,465 1,923 239,299 172,692 1,717,00012,663,000 438,0003,280,00045 15. 1,247,732,530 1,247,732,5300.10 124,773 108,455 124,773 108,455 16. 45

17. 101112 13 18. 34,800,000 2.45(i) 2.32(ii) 2.42(iii)0.10 (%) 0.00 (%) 49.09 (%) 1.45 2.45 34,800 2.45 (200) 2.45 34,600 0.65 7,671,000 6,434,000 46

19. 5,752 4,981 11,013 11,289 16,765 16,270 20. 19 179,676 172,859 47

21. (a) (i) 85,672 95,384 (i) 10,404 5,294 (ii) 1,173 110 (iii) 1,920 DDI (b)(i) 243 486 (i) (ii) (iii) (b) (i) DDI49% 8,820,00065,048,000 2% 49%DDI (ii) 1214 48

21. (c) 7,693 6,972 325 426 1,674 9,692 7,398 22. 159,644 20,521 730,777 422,381 175,287 1,508,610 49

22. 239,299 239,299 87,636 87,636 3,586 3,586 1,073,858 1,073,858 3,586 1,400,793 1,404,379 185,396 22,917 769,738 185,990 307,620 1,471,661 50

22. 172,692 172,692 70,181 70,181 1,943 1,943 946,169 946,169 1,943 1,189,042 1,190,985 23. 3,586 1,943 3,586 1,943 1,076,927 946,169 1,073,858 935,602 1,080,513 948,112 1,077,444 937,545 51

23. ABN AMRO Bank N.V.Rabobank 52

23. 3,586 3,586 1,943 1,943 53

24. (a) 12,015,000 2.45 (b) 28,500,000 25. 54