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Investor Presentaiton

Business Model Retail products Agency services Real estate services Financial services Digital and technical services Farm supplies Livestock Farmland Fertiliser Wool Grain Residential Property management Franchise Agri-finance Fees for service Insurance Elders Auctions plus (50%) Elders Weather Feed and processing services Killara Feedlot Elders Indonesia² Elders China $1.1bn retail sales 9.0m head sheep 718k tonnes fertiliser 1.5m head cattle $1bn farmland sales $670m residential sales 349k wool bales 8,291 properties under management 0.2m grain tonnes 130 franchises $2.8bn loan book¹ $1.6bn deposit book¹ $78m StockCo book¹ $654m gross written premium¹ Auctions plus 731k head sheep Killara 52k head 104k head cattle Indonesia² 18k head Elders weather China 182m hits $13.0m sales FY17 gross margin contribution 40% 36% 9% 10% n/a 5% 1 Principal positions are held by Rural Bank, StockCo and Elders insurance (QBE subsidiary respectively). 2 Announcement of Indonesian divestment in April 2018. Elders Based on FY17 full year statistics 24
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