Côte d’Ivoire - Sucres et denrées (SUCDEN) - Soft Commodity Program

Established in 1952 and controlled by the Varsano family (France), SUCRE & DENREES Group (“SUCDEN”) is a privately held conglomerate headquartered in Paris. It owns 40 subsidiary companies and operates in more than 30 locations over 15 countries worldwide. As of today, with more than 4,000 employees, SUCDEN is an acknowledged global soft commodity trading group. SUCDEN organizes the sourcing, transportation, storage, marketing, and distribution of commodities worldwide. Over the years, SUCDEN expanded its operations to include cocoa and coffee, together with other soft commodities and, as a result, created SUCDEN Côte d’Ivoire (“SUCDEN CI”or the “Borrower”) in 2011 to perform local purchases and export of cocoa beans from Côte d’Ivoire.