Thai Union Announces Postponement of its Preferential Public Offering

Bangkok - July 23, 2015 - Thai Union confirms that the U.S. Department of Justice (“DOJ”) is conducting an antitrust investigation of the packaged seafood industry in the United States. Tri-Union Seafoods LLC, a subsidiary of Thai Union, operating in the United States under the brand Chicken of the Sea (“Chicken of the Sea”), has received a subpoena requiring the production of relevant information to the DOJ.

The Company has no comment on the investigation at this time, other than that Chicken of the Sea is cooperating fully with the investigation. Chicken of the Sea continues to operate its business as usual.

The Board of Directors of Thai Union believes it is prudent to await additional clarity on this investigation before proceeding with Thai Union’s Preferential Public Offering announced on July 17, 2015. We have informed the Office of the Securities and Exchange Commission of the temporary suspension of Thai Union’s Preferential Public Offering.

The Company may, in its discretion, decide to resume the Preferential Public Offering after further consideration of the situation and consultation with legal advisor. Investors who have completed their subscriptions to date will have their monies returned as soon as practicable within the specified period.