Photo of Angostura's bar in downtown Port-of-Spain from the 1940's.

TABLE OF Contents

Scan QR Code to view the

CHAIRMAN'S

REPORT

on YouTube

Scan QR Code to view the

CEO'S

OVERVIEW

on YouTube

Design and Layout:

The BUZZ Ltd.

Painting on Cover:

Dermot Louison

Photography of Board:

Silverpin Design Co. Ltd.

Photography of Management:

Damian Luk Pat

Printing: Office Authority

2

3

4

5

WHO WE ARE

VISION MISSION

CORPORATE

CHAIRMAN'S

INFORMATION

REPORT

8

12

13

22

CEO'S

THE BOARD

DIRECTORS'

THE EXECUTIVE

OVERVIEW

OF DIRECTORS

REPORT

TEAM

23

MANAGEMENT DISCUSSION AND ANALYSIS

OUR OPERATIONS | OUR INNOVATIONS | OUR PRESENCE AND OUR BRANDS

SOLERA | OUR PEOPLE | OUR COMMUNITY

49

52

56

ESG

GOVERNANCE

STATEMENT OF

(ENVIRONMENTAL,

HIGHLIGHTS

MANAGEMENT'S

SOCIAL & GOVERNANCE)

RESPONSIBILITIES

57

FINANCIALS

INDEPENDENT AUDITOR'S REPORT

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

CONSOLIDATED STATEMENT OF CASH FLOWS

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

2 0 2 2 a n n u a l r e p o r t

WHO WE Are

Angostura®, a world market leader for Bitters, is one of the Caribbean's leading rum producers and home to a superb collection of rum brands.

Our iconic rums include Angostura® 1824, Angostura® 1787, Angostura® 1919, Angostura® 7 year-old rum, Angostura® 5 year-old rum, Angostura® Reserva, Angostura® Single Barrel, Angostura® Tamboo, Angostura® White Oak and its innovative array of flavours - Sorrel, Coconut, Watermelon, Pink Grapefruit and Pineapple, Forres Park Puncheon, Black Label and Royal Oak.

As a market leader for Bitters, Angostura® produces products such as ANGOSTURA® aromatic bitters, ANGOSTURA® orange bitters, ANGOSTURA® cocoa bitters, Amaro di Angostura® and signature beverages which include Angostura® Chill and its range of flavours - Lemon, Lime and Bitters, Sorrel and Bitters, Blood Orange and Bitters, and Ginger and Bitters.

Along with being a Royal Warrant Holder to Her Majesty Queen Elizabeth II for our ANGOSTURA® aromatic bitters, we have successfully marketed our iconic ANGOSTURA® bitters globally and have a geographic reach into 170 markets. The recipe for ANGOSTURA® aromatic bitters has not been changed since the first bottle was introduced to the world in 1824 and remains top secret.

Many of our brands have been bringing joy for generations in Trinidad and Tobago, our core rum market. Meanwhile, our premium rums have been causing a stir at countless international competitions over the past decade and have been awarded many prestigious accolades internationally. Our rum and Bitters brands won over 40 international awards and also topped the World Spirits Award for World Class Distillery and SIP Awards tasting for Amaro di Angostura®.

2

2 0 2 2 a n n u a l r e p o r t

VISION, MISSION, GUIDING PRINCIPLE AND Values

VISION

Proudly grow for the betterment of the environment and the people of Trinidad and Tobago

MISSION

Be a world-renowned rum company with sought after brands rooted in authenticity and craftsmanship, while accelerating the ingenuity and mystique of delivering exceptional aromatic spirits and other beverages

GUIDING PRINCIPLE

"No Stickin" - Be relentless in making it happen!

VALUES

Integrity | Togetherness | Tenacity | Passion

"Celebrate the spirit of

Trinidad & Tobago"

2 0 2 2 a n n u a l r e p o r t

3

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Angostura Holdings Limited published this content on 28 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2023 14:16:20 UTC.