Technically true
While the chances of someone being severely allergic to sunflower oil are smaller than the gluten episode we’ve just seen, it’s still a big deal. Even if you aren’t going to have a bad reaction to something, you should still be able to trust that what is written on the label of your food is what is really in it.
Of course, technically there is extra virgin olive oil in this bottle. However, I’m sure trading standards would have something to say about this main label when only 10% of the contents are what is described. Also, someone’s going to notice the taste at some point, right? Otherwise, they have no business in the kitchen.