FY16 Results Presentation

Produce Pro Forma segment financial and operating metrics Pro forma A$m FY15 Pro forma FY16 Var Prospectus FY16 Revenue 531.7 631.1 99.4 560.8 EBITDA before SGARA 55.7 EBITDA-S margin 10.5% 69.1 13.4 10.9% 0.4% 73.6 13.1% Transacted sales 695.9 808.2 112.3 765.0 Revenue growth: + 18.7% FY16 share of revenue 4.0% 32.2% 26.4% 29% 33% 14.4% Mushroom Berry Tomato Citrus costa fresh is our passion 16% Revenue growth 18.7%, led by citrus, berry and mushroom volume growth EBITDA before SGARA growth of 24.1% against FY15, but below prospectus forecast due to tomato pricing impact Mushroom: a solid year driven by production yield improvement Berry: farming expansion. Overall volume growth across all berry categories +29.2%: - - Blueberry volume growth 6%. Average blueberry price across the year improved reflecting shoulder season production and lower peak industry volume due to earlier hail storms Raspberry volume growth 40%, with pricing reduction due to increased volume Tomato: - Revenue and earnings impact from lower pricing - Sweet snacking volume growth of 28% with commissioning of Costa's new glasshouse 22% - Citrus: An exceptional year due to combination of strong yields, good quality and favourable exchange rates. Offsetting this was lower mandarin pricing Strong grape farming and trading outcome The 2016 citrus season has started well, with buoyant market conditions offset against lower yields 14

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