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Wild caught responsibly sourced seafood May 2018 January 2018 Princes supports the UN Sustainable Development Goals

Responsible sourcing We are committed to the quality, integrity and long-term sustainability of the seafood we sell. Founded in 1880, initially trading solely in canned fish, few businesses have a heritage as rich as Princes in the procurement of sustainable seafood. Our corporate responsibility work is based around three key pillars climate change and the environment, fair partner and good employer, and health and wellbeing. Our commitment to sourcing seafood sustainably is a key part of our corporate responsibility. Even though we don t own or operate any fishing boats, we still expect that our high standards are reflected in the actions of our suppliers. We also proactively engage with a range of organisations and others in the global seafood industry, to improve sustainability and to help protect ocean ecosystems. Our standards are consistent throughout Princes global business from our tuna processing site in Mauritius to our food manufacturing sites in the UK and the products we import from our suppliers around the world.

Marine Stewardship Council (MSC) sources and Fishery Improvement Projects (FIP) Princes aims to source MSC certified fish and is actively involved in FIPs around the world with the aim of improving fisheries management and sourcing new MSC products. OPAGAC multi-ocean FIP Launched July 2016, this FIP encompasses all purse seine vessels that are members of OPAGAC fishing the three main tuna species across the Atlantic, Indian and Pacific oceans. Moroccan sardine FIP Our key sardine supplier is a member of the Moroccan sardine FIP. The FIP commenced in 2015 and aims to improve the management of the sardine fishery. Maldives MSC certified Pole and Line Skipjack Fishery We source skipjack tuna from the MSC certified pole and line fishery in the Maldives. Pacific Ocean Princes sources MSC tuna from the PNA fishery, the Solomon Islands and American Samoa certified fisheries. North East Pacific Princes sources MSC certified pink and red salmon from the Alaskan fishery. North East Atlantic Princes sources MSC certified mackerel from the North East Atlantic s MINSA fishery. AP2HI FIP Indonesia We source pole and line tuna via two suppliers from Indonesia s AP2HI FIP. The FIP started in 2014 and involves a number of vessel owners, processors and non-governmental bodies from across the region. Senegal pole and line tuna FIP Princes sources Skipjack and small amounts of Yellowfin and Bigeye tuna from the pole and line fleet operating from Senegal. Princes is actively involved in the development of a FIP in this area with the aim of improving the management of the fishery and attain MSC certification. Sustainable Indian Ocean Tuna Initiative (SIOTI) TUNACONS FIP Our two key suppliers in the Eastern Tropical Pacific are involved in a FIP that aims to achieve MSC certification through effective management of the fishery and reducing the environmental impact of its vessels. Brazilian pole and line tuna FIP Princes sources pole and line tuna from Brazilian partners that are involved in the development of a FIP. A Memorandum of Understanding was signed between FIP partners in October 2017 committing to improve fishery management and attain MSC certification. Princes is a founding member of SIOTI, a partnership of tuna processors, vessel owners, government agencies and WWF. The FIP represents a significant investment by Princes and aims to secure the sustainable management of Skipjack, Yellowfin and Bigeye tuna in the Indian Ocean, with the ultimate goal of achieving MSC certification. New Zealand Skipjack Purse Seine FAD Free Fishery We source skipjack tuna from the purse seine FAD free fishery in New Zealand. Part of this fishery is certified to the MSC standard.

Quality and integrity Quality and integrity are central to our wild caught sustainability and procurement commitments. All of our seafood is fully traceable back to the catching vessel and is handled carefully from catch to can to maintain optimum quality and flavour. With illegal, unreported and unregulated (IUU) fishing providing a source of forced labour globally, it is absolutely vital that all of our seafood meets strict traceability standards. To ensure the quality and integrity of our seafood we: Supply quality and nutritious products. Work only with approved supply partners who ensure Princes high standards of quality and sourcing are adhered to. Ensure full chain traceability. Support the principle of Marine Protection Areas and Marine Reserves. This includes support for the Pacific Commons Marine Reserves. Fully support and comply with ISSF s efforts and measures to reduce bycatch and control fishing capacity. Play an active role in the debate over catch methods, bycatch and sustainability and shape our approach based on the latest scientific information. Audit our suppliers against our standards. Comply with all relevant regional, national and EU legislation. Ensure large-scale purse seine vessels used to source tuna are registered on the ProActive Vessel Register (PVR). Adhere to the internationally-recognised strict standards of the Earth Island Institute (EII). We do not: Source any IUU seafood. Permit long-line caught fish in our branded products. Trade with companies or vessels that have not banned the practice known as shark finning. Permit at sea transhipment. Trade in any species listed as endangered or critically endangered on the International Union for Conservation of Nature (IUCN) Red List of threatened species. Over-package our products and we aim to use recyclable packaging materials wherever possible.

Responsible marketing Responsible marketing is a corner stone of our business. We aim to offer the best and most relevant information to our consumers. Our responsible marketing commitments include: Dolphin friendly labelling, where appropriate (tuna). Use of MSC eco label where available. Providing publicly available seafood sustainability information. Encouraging the use of different types of seafood. Promoting consumption of seafood as part of a balanced diet. Highlighting products high in Omega 3. The Alaska Seafood Marketing Institute (ASMI) is a public-private partnership between the State of Alaska and the Alaska seafood industry. Princes works in partnership with ASMI to promote the sustainability benefits of Alaskan-sourced canned salmon, which is high in Omega 3. Mean consumption of oily fish was well below the recommended one portion (140g) per week in all age groups. (Source: Public Health England National Diet and Nutrition Survey, March 2018) We promote the healthy credentials of a diet rich in fish across our Princes brand marketing activity, including: Oily fish such as Princes Salmon or Mackerel is high in omega 3 fatty acids Princes Tuna, Salmon and Mackerel is high in protein Princes Tuna in brine or springwater is low in saturated fat Princes Fillers, available in tuna and salmon variants, are a great source of protein, low in saturated fat and all under 180kcal per serving

Partnerships: ISSF We have established many strong partnerships from the fishermen who catch for us to the suppliers who process to our required standards. By working with our peers and non-government organisations, we are able to play an active role in the industry. Supporting international science based initiatives and commitments. As one of the founding partners of the International Seafood Sustainability Foundation (ISSF), Princes plays an active leadership role in the organisation s important work and projects. WWF, one of the world s largest and most respected independent conservation organisations, is also a founder partner of the ISSF. ISSF s current (2018-22) strategic plan has four core areas of strategic focus: 1. Science: Advance the sustainability of tuna stocks and their ecosystems through continuous improvement measurably demonstrated across global tuna fisheries. 2. Influence: Exercise influence among stakeholders to promote and expedite actions necessary to advance the sustainability of tuna stocks and their ecosystems. 3. Verification: Maintain and enhance credibility through transparency and compliance. 4. Support FIPs: Act as an enabler across all areas of focus, seeking to expedite the achievement of MSC certification standards without conditions across global tuna fisheries. PVR The Ensure ISSF that created when a we Proactive purchase Vessel tuna Register from (PVR) to provide vessel owners with an be opportunity to identify themselves as active participants in meaningful tuna sustainability efforts. The PVR is the most effective mechanism currently available that transparently identifies those individual vessels that are implementing science-based, sustainable tuna fishing practices. Through the PVR we are able to track compliance of individual vessels best practice measures. At the end of 2017, 100% of the large purse seine vessels Princes purchased tuna from were registered on the PVR. In addition, 97% of all tuna purchased in 2017 was from vessels registered on the PVR.

Partnerships Sustainable Indian Ocean Tuna Initiative (SIOTI) The Indian Ocean Fishery Improvement Project is an alliance-driven initiative to help the purse seine fishery in the region meet Marine Stewardship Council (MSC) sustainability standard. The FIP focuses on the key areas of sustainable sourcing healthy fish stocks, minimal and reversible impact on ecosystems, and effective fisheries management to ensure that best practices are adhered to. The FIP covers the catches of skipjack, yellowfin and bigeye tuna species from around 40 French, Italian, Spanish, Mauritius and Seychellesflagged purse seine vessels. The FIP also focuses on supporting the recovery plan of the yellowfin stock in the region and will work closely with the Indian Ocean Tuna Commission to improve fisheries governance in the region. For more information on the IO FIP, please visit: https://www.wwf.org.uk/what-we-do/projects/indianocean-tuna-fishery-improvement-project[lr(1] MSC The Marine Stewardship Council (MSC) runs a globally recognised certification programme for sustainable seafood. Some of our fish products are sourced from fisheries that are certified to the MSC standard a partnership we hope will help raise awareness of the need for sustainable sourcing. The MSC has three principles required by a fishery in order to meet its standard: The fishing activity must be at a level which ensures it can continue indefinitely Fishing operations must be managed to maintain the structure, productivity, function and diversity of the ecosystem The fishery must comply with relevant laws and have a management system that is responsive to changing circumstances For more information on the MSC visit www.msc.org Fisheries management Princes recognises that improvements are needed in the management of global tuna stocks and that Regional Fisheries Management Organisations (RFMO s) need to be able to set and enforce the rules required to improve tuna sustainability. In 2017 and 2018, Princes co-signed calls to tuna RFMO s led by ISSF, WWF and the NGO Tuna Forum to improve the management of tuna fisheries. These calls represent a consensus between industry and NGOs in the need for a science based approach to improving: The development and implementation of comprehensive, precautionary harvest strategies Effective monitoring and management of fish aggregating devices (FADs) Strengthened monitoring, control and surveillance tools, including increased observer coverage through human observers and/or electronic monitoring Greater focus on implementation of bycatch mitigation actions Through its involvement with ISSF, Princes supports research and development with the aim of improving tuna sustainability and reducing its wider environmental impacts. This includes the development of non-entangling FADs that are now required throughout our supply chain - and ongoing research into biodegradable FADs. In addition, Princes is independently verified by ISSF as being compliant with all ISSF conservation measures including the prohibition of shark finning and delivery of best practice training for vessel skippers to reduce bycatch. EII The Earth Island Institute (EII) was founded in 1982 to support people who are creating solutions to protect our shared planet. The EII runs a specific international monitoring programme aimed at eliminating any impact on dolphins, turtles, sharks and other sea life as a result of tuna fishing. Its monitoring helps ensure that the catch methods used by tuna suppliers are legitimate, responsible and dolphin friendly. More information on the EII can be found at www. earthisland.org/immp

Fish guide We offer a broad variety of fish types, prepared, packed and ready for you to enjoy. Here s some more information about some of the main fish species we supply, including how and where they are caught. Mackerel Sardines Kippers and Herring Catch Methods: Purse Seine and Pelagic (mid-water) trawl Where caught: North East Atlantic Catch Methods: Purse Seine and Pelagic (mid-water) trawl Where caught: Coastal Portugal and Morocco Catch Methods: Purse Seine and Pelagic (mid-water) trawl Where caught: North East Atlantic especially healthy due to the naturally high levels of Omega 3 fatty acids. water or with sauces, they offer a quick, convenient and nutritious snack or accompaniment to a main meal. Kippers are Smoked Herring. Herring acids. Our range is available in oil, salted water or tomato sauce. Tuna Salmon Catch Methods: Purse Seine and Pole and Line Where caught: Indian, Atlantic Catch Methods: Purse Seine and Gillnet Where Caught: Tuna are naturally high in protein. With a popular choice for European consumers. Omega 3 fatty acids, and with large

Group Head Office (UK) Princes Ltd Royal Liver Building Pier Head Liverpool L3 1NX UK Continental Europe Head Office Princes Foods BV Boompjes 40 PO Box 19157 3001 BD Rotterdam Netherlands Mauritius Office Princes Tuna (Mauritius) Limited, PO Box 131, New Trunk Road, Riche Terre, Port Louis, Republic of Mauritius Customer Care enquiries@princes.co.uk For enquiries relating to Princes Corporate Responsibility corporate.responsibility@princes.co.uk www.princesgroup.com