Investor Presentaiton

CY22 Outlook > Early China season performance above expectation in yields and demand. Moroccan harvest building against a strong demand backdrop. Industry avocado production is forecast to be below CY21, while foodservice markets have returned strongly. It is a citrus 'off' year in the southern production regions. A rebound from Colignan farm (post hail event of 1H21) is expected and the farms will benefit from a maturing tree age profile. Full year contribution to earnings from 2PH farms. Berry volumes to date have been higher than forecast with pricing favourable across the four berry types. FNQ varieties progressing well. Tomato production volumes have been ahead of pcp and expectation. Good light conditions contributing to improved overall yield. Mushroom production volumes to date are significantly improved versus pcp, and focus remains on maximising production capacity. Continue to manage COVID -19 related challenges across all operations, including sourcing necessary labour to harvest crops and maintaining consistency of supply to customers. East coast rainfall including in Murray Darling Basin over 2HCY21 has contributed to increased dam storages and scheme licence allocations, improving water security for coming year. CY21 Results Presentation African Blue Moncon's nest hicbesies Only the Finest Berries Driscoll's Klady fingers LOVACADO. Aussie avos. From Costa. MUSH BOOM! TO THE RESCUE Perino 2.P.H. Vitor AUSTRALIA'S BEST itor AUSTRALIA'S BEST 23 23

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