Investor Presentaiton

Business outlook and prospects 1 We expect commodity prices to ease from the highs of 2021/2022 although geopolitical uncertainties, supply chain disruptions and volatile market conditions are likely to persist. 2 ofi has entered 2023 with good momentum with timing and execution of new customer contracts proceeding to plan, passing through higher energy and other costs in line with expected lags. This, together with contribution from H2 2022 acquisitions and the organic business growth gives management confidence for improved financial performance in 2023. 3 Olam Agri expects to capture the significant growth opportunity that exists in the market to strengthen operating performance for 2023. Strategic Supply and Cooperation agreement with SALIC is expected to catalyse its growth in the Gulf region. 4 In view of the market uncertainties and high interest rates environment, we will continue to focus on managing our working capital in a disciplined manner. We expect to continue to incur one-off expenses associated with the Re- organisation Plan. LO 5 Olam Barring any unforeseen circumstances or unfavourable geopolitical, macroeconomic and roll- back on post-pandemic borders reopening by major economies, we are cautiously optimistic about our prospects for 2023. Olam Group Limited Investor Presentation | May 2023 39 Not for distribution in the United States, the United Kingdom, European Economic Area, Canada, Australia or Japan

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