1HCY21 Results Presentation

Produce Segment Segment financial and operating metrics for the half year to June A$m Revenue EBITDA-S EBITDA-S margin Transacted Sales Revenue Growth: -6.9% -1.7% 15.4% 1HCY21 1HCY20 Variance (%) 412.9 443.7 36.0 47.8 -6.9% -24.7% 8.7% 10.8% -2.1pts 627.8 642.2 -2.2% H1 CY21 share of revenue Avocado 5.0% category Mushroom 16% Berry 9% 7% 23% ■Tomato Citrus 12% Grape Citrus Avocado category 12% 23% 24% Banana 14% Mushroom Berry 1HCY21 Results Presentation Tomato -9.5% -28.6% Citrus Avocado (> Key Highlights Mixed performance across the categories resulting in lower revenue and reduced EBITDA-S versus pcp. ○ Mushroom - Although demand was strong overall for the 1H, there was a small decline in revenue versus pcp, due to inconsistent Monarto volumes. 。 Berry - Revenue was up on pcp due to Corindi raspberry crop returning to normal versus pcp drought impact. There was also favourable pricing across the four berry varieties. o Tomato - Volumes and pricing were down versus pcp due to less than optimal growing conditions and increased field and truss supply. 。 Citrus -Hailstorm significantly impacted the Colignan, Sunraysia 1H table grape crop yield in particular and also resulted in reduced citrus yield. Negative revenue impact of -$25m vs pcp. o Avocado - Although revenue was up versus pcp, this also reflected greater volume versus pcp, with pricing significantly below prior year. itor 12 AUSTRALIA'S BEST AUSTRALIA'S BEST African Blue Moraccols finest blueberries Only the Finest Berries" Driscoll's Kalady fingers LOVACADO. Aussie avos. From Costa. MUSH BOOM! TO THE RESCUE Perino 2.PH. Vitor

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