Investor Presentaiton

ELDERS LIMITED Key Investment Drivers Australia's most trusted agribusiness brand amongst farmers four years in a row 000 EPS Growth Compelling value proposition for shareholders through the cycles 57% EPS CAGR over the three Eight Point Plans ROC greater than 15% and dividend payout of between 40-60% Q EXECUTIVE OVERVIEW S= 000 ◉ Geographic, product and channel diversification Multi-faceted agribusiness Attractive market and company outlook ☐ $63b total farm inputs market (5.8% Elders market share) ■ Diversified product offerings and location " Supply chain consolidation ■ ☐ Operational efficiencies Continued organic and acquisitive growth Transformational initiatives benefits Cost and capital efficiencies ■ Systems Modernisation benefits expected from FY25 ■ Rural Products supply chain optimisation benefits expected from FY24 ☐ ◉ Significant pipeline of new opportunities Points of presence growth Bolt on acquisition synergies Accelerated member growth for wholesale network Robust balance sheet supporting growth " Resilient balance sheet Leverage headroom available to fund future growth Shareholder returns focus 5

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