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Investor Presentaiton

For personal use only 11 REGIONAL CHANNEL MIX Net Revenue by Market 15% 2% 18% FY18 83% Australia China Other International 1% FY19 bübs 81% Key Drivers Domestic sales grew +153% pcp and +41% on 1H19, driven by strong domestic presence in major supermarkets, strategic alliance with Chemist Warehouse (from June), and activation of a new corporate Daigou partnership. Direct sales to China increased +209% pcp demonstrating strong traction gain continues with Chinese consumers following the deployment of marketing resources and contract wins in cross-border eCommerce and the Mother and Baby stores distribution channel. Aggressive growth strategy to continue to increase penetration into China via strategic partnerships. Launched BubsⓇ infant formula and baby food products in NTUC FairPrice, the largest supermarket chain in Singapore in Aug 2019. Exploring entry into new emerging Southeast Asian markets in FY20.
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