251103 LI Teaser

Tony’s Open Chain Living Income Teaser Ci t os csooau frac ri nmgi nmgoids ealt, wa ce rroescsorgona idsse. tWh ahti loe uTrolni vyi’ns gOipnecno mC he aai pn pbruoial dc hs omnuyset acrosnot if npurea ct toi ceavloel vx ep et or i emneceet wt hi teh cs uh pa lpl eonr tgiensg at hh ee al do .nBg u- ttetrhmi s ries sni loi et nocnel yo fa bc oocuot awf oa rr mk i ni ngg t ionwCaôr tdes dl i’ vI vi no gi r-ei nacnodmGehoauntac.oCml i ems a; ti te icshaal ns og ea, b o u t aa gp epirnoga ca hn eds dai rs ee af as el l di ntgr es ehso, rat n. Wd de ebcel il ni ei vneg wy iee lmd su satr eg omf aukr it nh ge rc o– cmo aa kl ei ns sg vc ioacbol ae , f aa nr md icnugr raenn at ti tnrda uc tsitvrey a n d resilient business. The time to act is now. The Living Income challenge Ad el ci veinntgsitna cnodma redi so fa l hi vui nmga, ni nrci lguhdt i, ndge fH oi noedd, ha os ut hs ienng e, et da un cnautai ol ni n, choema l et hrceaqruei, raenddf os ra vai nh gosu. sIet hgooleds tboeayfof onrdd a pr eocvoegrnt yi slei nd eass, aoinme i inmg pf oorr tdaingtnci toynadni tdi ocno mf o froar dt . dI rne cs os icnoga sf ya sr tme mi n igc, ii sms pu er os vsiuncghf aarsmc he irl di nlcaobmo ue rs ai sn wd i d e l y d p e o f v o e r r e t s y t . ation. Despite decades of industry initiatives, the majority of cocoa farmers continue to live in Ha ni gdhpelra an nf do rmt ho er ef us tt ua br el e, pf ar romv i gdaetde tphrei yc easr ce amn agiinv tea ci no ec do ao fvaerrmt iemr se garneda tneor ts jcuospt ea tfoe wi n vs ee sats oi nn st h. Te ihr i sf asrtma rst s wcoicthoacopmricmeisttfianllgatgoapina.ying at minimum the Living Income Reference Price (LIRP) as set by Fairtrade, if Ss epaesaokni ns ,gi to hf wa shfiaclhl e: nt hbeeLl oI RwPt hh ea sf ahrims t goar ti ceapl lryi cseesr vs ee dt bays tahkeegyobvee nr nc hmme na rt sk .oHf oC wô teevde ’rI, voovier er tahned pGahs at n a . Tf ahr ims ehri gs .hBl iagshet ds ao nd et he pe edra, tsat rauncdt ui rnasli gi shstus ea: vt ahiel aLbIlRe P, i td iosecsl enaort tehnatti rtehley Lr eI RH lPe cmt tuhset br eearl ei tvi ei ssefda ct eo db be yt t e r align with actual conditions on the ground. Our responsibility Ta po np yl y’ ss Op epceinH i eCdh af ai nr mp -rmo ma noat eg se ms heanrte pd rraecstpi coenss, iwb ihl ii tl ey caoc mr ops sa nt hi ees spulpa yp lay rcohlaei nb :y f pa ramy i enrgs parriec essu pt hpaotrst ue dp pt oo r t iwn ivtehs ct mo oepnet raant idv epsr, opgaryess sh. i Og hpeerr aptri incge sw, ai tnhdi nc oo umrms pi ths etroe l oo fn cgo- tnetrrmo l ,aTs oy nmym’ s eOt rpi ec na l Cchoanitnr apcat rs t. n e r s d i r e c t l y

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Ab es cc oo vc oe raevdobl uymt hees po ruor gc er admv mi a eT’ os npyu’ rs cOh pa se inn gC hc ao imn mg ri ot mw es n, mt s oarnedc oc oc on at raonl sd. Wp ai rt ht i ct ihpea gt irnogwht ohuosfethhoi sl dcsoccaona volume also comes enhanced security of cocoa supply for all participating Mission Allies. Wb eeaacchtiievveel yd itnhvriot eu goht hceorl lcaobmo rpaatni oi ens. Tt oh ij so iins wu sh, yr ewc oe gi nn vi si itne gc ot hc aota mc oema npi anng if eusl at on dj olians ut isn ag sc Thoa nn yg ’es cOapneonn l y Chain Mission Allies! Tony’s Open Chain’s unique way of working – our Sourcing Principles Sourcing Principle What it means Paying a higher price

OI nucro pmrei cRi negf earpe pn rc oe aPcrhi ci es aa nn cdhios riendt ei nn dpeady ti no gs ua pLpi voirnt g pOaurrt ipcri pi caet icnagn f ga or mb ee yr so’ nadb it lhi ti ys rt eo f ienrveensctei np rt ihc ee i, rs fuacrhmass. v2i0a2a4n/2ad5d. itional productivity premium paid in Fs ti av be -i lyi et ya ra nMde mt r uo sr ta, nwd iat ho fa Us ynmd emr es tt ar incda il ncgo ne nt rsaucrtes t h a t empower partner cooperatives. Wd ees ipgrnoevdi dt eo cs ouapcphoi rntgcaonc do aa qc cueasl si t tyoalna db of aurrms e r v i c e s productivity. Ec oa oc ph ecroact oi vae sseuaps po nl y, 1b 0a s0e%a roef Gf aPr Sm- ps oi nl y og uo nr pma ar tpnpeerd- ap nr odt ea cs st eeds saerde af os r. Fdiegfuorreess tf oa tri ot hnea2n0d2o4v/e2r5l aspe wa siot hn a r e published in our Impact Report. Cb uo oi l pd es rfaatrimv ee-rc er ne st ri liice anpc ep rt ohar oc hu gshc atlaeisl oi rme pd aacnt da n d professionalised support.

Long-term commitment Quality and productivity

Traceability

Strong farmers

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Tony’s Open Chain 2030 vision

Our commitments

Our aspirational targets for 2030 Our adaptive approaches from 2025/26 onwards

Wt h ea tpeanyaab lpersi cf ea rfmo re cr os ct oo ae a r n a living income. Wt h ee pl i av yi nag pi nr iccoemt he agtacpl of os er s fl iavri mn ge ri ns cnoomt ye e, st ha oc wh i ienvgi n g a year-on-year progress. Wp aer twn oe rr kc ot oogpeetrhaet ri vwe si ttho el anbaobul er ha i lri ev di nbg ywf aa rgme ef or r members. Wf a rems ui npgphoor tu as el lhcoolcdosai n o u r sreuspipl ileynccheaai nc rtoos sb u i l d ibnuf sr ianset rsus ,c ht uerael t, hc cl iamr ea ,t ea ,n d Hinance.

4p 0a r%t noefr fcaor ompeerrsaat itvoeus rml oe ne tg eosrt - t e r m ebxecnecehdmtahrekl,i vpirnogp oi nrct oi omn ea t e t o t h e i r cocoa revenue. Wf a rema ei mr s taot ionuc rr el oa sneg et hs te- tneur mm bpearr ot nf e r ct hoeo pl ievri na tgi vi ne sc owmheo bme onvc eh mc l aorske.r t o Os uupr pporri tc if na gr ma pe rpsr’ oaabcihl i ti sy itnot iennvdeesdt itno tchoes itrs ,f aa rl omnsg saindde mo uere twl oa br ko uwri-trhe l a t e d pr iagrhttnsearwc oa roepneersast .i ve s o n l a b o u r Aa ct cleesass t35o0f, 050i n0 theor vuesne thioolndss w i l l (biunsf ri na es tsrsuccatsuer)e, , wc liitmh a2t0e ,, 0f 0a r0m i n g rH iencaeni vc ii na lg ma lal n5a (gi enmc l e. hn et )a lf tohl lcoawr ei nagn ad needs-based approach.

Omuarinimtapinascteqpuroagl raacmcemsseto all 5 Sp oa ur trnc ei nr gc oPor ipnecriaptlievse as .c r o s s a l l Wi n tee wr vi el lni tmi opnl se mw ei tnhti ns poeucri ai lmi spe adc t pf orrofgarrammemr se mt ooms t aixni mn ei es ed ,i m p a c t a fa d r v m an er c s in . g equity among Wc oeo pweirl lawt i voersk two istthr eonugrtphaernt n e r aa wmaornegn we sosrokfe lrasbaonudr trhi gohs tes w h o hire them. Od eusri gi mn epda ct ot pi nr oc lgurdaem: m e i s –i ncf roams tmr uucntiut yr edpervoejleocpt ms e n t –mao dp er ol fdouccut si ve idt yo inn cv lei smt ma t ee natn d H–inyaonuctiha-llerdesailgierinccueltural services dp er os idguncet di v ti ot ysaunpdp oi nr ct of amr me resilience

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–i nesxupr aa nn cdee dc ohveearlat ghec a r e –t r da ii ng ii tnagl aH innda nhcoi ua ls el iht eorl adc y Hinancial management support Os uupr pi omr pt af ac rt mp r roegj ruavme nma et i owni l l tohprtoi mu gi shaat igorno,f ot arregset rt ey d- blaosnegd- tdei rr emc ti ndvi ge isttaml ceonmt ppleannssa, taino dn f o r r fa e r n m ov s a . ting ageing or diseased –c oWmeppe lnasna ttioo pn iml o ot da ecladr ebsoing n e d tpor ar ce twi caersd, ssupbe jcei cH ite tdo f da er mH i ni ne gd eml iegtihboi ldi tsyacnrdi t evreirai,H imc aetai os unr. e m e n t Wm ae npaagye amceonot pf ee er attoi vseu p p o r t pc or oo gprearma t mi v ee bd ue lsiivneersys a n d i–nWveestcmoaecnht.cooperatives to buupihldolvdiahbulme abnusriingehstss mthorodueglsh, faunldl CRheiml deLdai abtoi uo nr MS yosnt ei tmo r i n g (l aCbLoMuRr Sm) oc no ivteorrai ng eg ,, faonrdc egde n d e r e–qWueityw. ill monitor farms in smc ao pp pe i tnhgr, oaus gs he sGs PdSe fpoorleysgtoa nt i o n

Ws uep ps ulypcphoaritnf at or ma de rospitn o u r sf apremc i-Hmi e adnaaggreomf oerne ts t r y a n d ps ur apcptoi cret st ,owi ni tvhe tsat ri gneftaerdm productivity.

B5 0y , 02 00 03 0f a, or mu re tras rtgoe at di so fpotr daetH il en ae sdt amgirtoi gf oa trieosnt rpyr-abcatsi ec edso, rwfiot hr e3s 0t -%r i s k raenceeei vdisn-gb at asregdeat epdp rsouapcpho. r t t h r o u g h

Tn oe gt we tohrekr owf ipt hr oas pg er or owui sn, g ba cucsoi nuenstsa-bml ei ncdoeodp earnadt i v e s , wr eea cphrionggr e1s%s toofwWa er ds ts A f r i c a n cocoa farmers.

Wf r oema i1m9 ttoo i4n1c rpeaarstenoeur rc onoept we roartki v e s , g7 r7o, 0w0i 0n gf aorumr erresa, cwh i tf rhoamt l3e 6a s, 0t 0101 t o c5o- yoepaerr aMt iovUe ,s deenl it ve er ri ni nggt hs teri or ns ge c o n d reef fseuclttisv ef r bo ums ipnreosgsrma mo dmeel ss , abnudi l d i n g it no cTroe na syi’ ns gO tpheeni rCphraoi dn u, tcht ei orne bvyo l u m e ft oh sattewr i inl lg stuhpepeonrat bml ionrge efna vr mi r oe nr smt eon t reach a living income.

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as unpdpporrott reecmt eedd- ai ar teiao no vwe hr learpe, a n d cases are identiHied.

To Hind out more, read our report.

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Change Log

Version

Date

Summary

v1.0

3 November 2025

First published version of the Living Income teaser Compliance screening completed Qualified the living-income, living-wage, pricing, traceability, forest-positive and carbon wording Volume-growth wording restated to keep the supply-security argument; traceability framed as an annual, recurring assessment with the season referenced. Published revised teaser with approved wording and updated links to relevant references.

v1.1 v1.2

1 September 2026 3–4 September 2026

v1.3

7 September 2026

v1.4 (this version)

7 September 2026

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