Investor Presentaiton

VICTORIA PLC EXECUTIVE SUMMARY OPERATING CASH FLOW UP 48%: Cash Flow from Operations (£m) ☐ Attractive supplier terms Strict debtor management FY13 4.5 Focussed stock management Next day delivery progressively FY14 9.5 introduced in FY19 FY15 Rigorous capex analysis FY16 FY17 FY18 17.8 32.2 43.6 Note: Cash flow from operations is before interest, tax and exceptional items 64.3 00 8

View entire presentation