1HCY21 Results Presentation

Capital and Debt Management A$m Net debt Net debt / LTM EBITDA-SL Jun-21 Dec-20 Variance 208.0 143.9 1.40x 0.99x 64.1 0.41x Senior debt facility maturity profile (A$m) 500 400 300 200 100 0 2021 11.2 2022 2023 Dividends paid (A$m) 18.6 16.0 8.0 20.0 2019 Int'm 2020 Int'm 2021 Int'm 2019 Final 2020 Final 1H21 Results Presentation Key Highlights Strong balance sheet supports growth initiatives ○ Total Leverage Ratio - 1.40x (Jun-20: 1.66x, Dec-20: 0.99x) O Interest Cover Ratio - 8.9x (Jun-20: 5.8x, Dec-20: 7.7x) О Funded on balance acquisitions including KW Orchards while maintaining comfortable metrics >> Successful capital raise to fund 2PH Farms acquisition Debt facilities continue to have capacity and tenure Corporate syndicated facility (A$450m) extended during period to have tenure out to CY23 Group unused capacity of $177m Dividend О 4.0 cents per share interim dividend represents 16% increase in total returns given recent capital raise African Blue Moraccols finest blueberries Only the Finest Berries" Driscoll's Klady fingers LOVACADO. Aussie avos. From Costa. MUSH BOOM! TO THE RESCUE Perino 2.PH. Vitor itor 21 AUSTRALIA'S BEST AUSTRALIA'S BEST

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