Strategic rationale for the acquisitions slide image

Strategic rationale for the acquisitions

Important Notices . • This investor presentation (Presentation) is dated 5 February 2024 and has been prepared by Metcash Limited (ACN 112 073 480) (Metcash). By attending an investor presentation or briefing, or accepting, accessing or reviewing this Presentation, you acknowledge and agree to the terms set out below. This Presentation has been prepared in relation to: Metcash's acquisitions of SFG Group Holdings Pty Ltd (Superior Food), Bianco Construction Supplies Pty Limited (Bianco) by way of the acquisition of 40% of the shares in Bianco and 100% of the shares in Bianco Hardware Pty. Limited, and the assets and business of Alpine Truss Pty Ltd (Alpine Truss) (together, Acquisitions); a fully underwritten placement of new fully paid ordinary shares in Metcash (New Shares) to institutional investors and certain existing institutional shareholders under section 708A of the Corporations Act 2001 (Cth) (Corporations Act) as modified by ASIC Corporations (Disregarding Technical Relief) Instrument 2016/73 (Placement); and an offer of New Shares to eligible Metcash shareholders in Australia and New Zealand under a share purchase plan (SPP) in accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 (SPP). The Placement and SPP are together the "Equity Raising". Summary information This Presentation is for information purposes only and is a summary only. It should be read in conjunction with Metcash's most recent financial report and Metcash's other periodic and continuous disclosure information lodged with the Australian Securities Exchange (ASX), which is available at www.asx.com.au. The content of this Presentation is provided as at the date of this Presentation (unless otherwise stated). Reliance should not be placed on information or opinions contained in this Presentation and, subject only to any legal obligation to do so, Metcash does not have any obligation to correct or update the content of this Presentation. Certain information in this Presentation has been sourced from the sellers of Superior Food, Bianco and Alpine Truss, their representatives or associates. As described further in the risk factors outlined in Appendix C of this Presentation, no representation or warranty, expressed or implied, is made in this Presentation as to the fairness, accuracy, correctness, completeness or adequacy of that information. Certain market and industry data used in this Presentation may have been obtained from research, surveys or studies conducted by third parties, including industry or general publications. Neither Metcash nor its representatives or advisers have independently verified any such market or industry data provided by third parties or industry or general publications. Not financial product advice or offer This Presentation does not and does not purport to contain all information necessary to make an investment decision, is not intended as investment or financial advice (nor tax, accounting or legal advice), must not be relied upon as such and does not and will not form any part of any contract or commitment for the acquisition of New Shares. Any decision to buy or sell securities or other products should be made only after seeking appropriate financial advice. This Presentation is of a general nature and does not take into consideration the investment objectives, financial situation or particular needs of any particular investor. Any investment decision should be made solely on the basis of your own enquiries. Before making an investment in Metcash, you should consider whether such an investment is appropriate to your particular investment objectives, financial situation or needs. Metcash is not licensed to provide financial product advice in respect of its shares. This Presentation is for information purposes only and is not a prospectus, product disclosure statement or other offering document under Australian law or any other law (and will not be lodged with the Australian Securities and Investments Commission (ASIC) or any other foreign regulator). This Presentation is not, and does not constitute, an invitation or offer of securities for subscription, purchase or sale in any jurisdiction. Melcash NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES 2
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