Financial Highlights and Market Opportunity

Baby Food and Dairy Distribution ~90% Sales through distributors Baby food distribution Nutritek Group Dairy distribution Nutritek group ~10% ~50% ~19% Tender sales Direct Sales* Wholesale dry milk and butter ~31% Wholesale WMP and cheese Baby food products are sold through specialized distributors to better serve the market needs and tender programmers ■ Most of baby food products are sold under special three sided agreements among Nutritek, distributor and retail chain ■ More then 80 specialized on baby products distributors covering all regions ■ Local distributors provide effective market penetration in the regions Tender sales account for ca. 10% of the total baby food sales and ca. 25% of breast milk substitutes sales ■ Essential part of tender sales is represented by Breast Milk Substitutes and cereals accounting for ca. 90% and 9% respectively Nutritek sells its products through two main sales channels: direct sales and wholesale Direct sales account for ca. 50% of the total dairy sales and include retail sales (ca. 32% of total dairy sales) and sales to processors (ca. 18% of total dairy sales) Whole milk products are mostly sold directly through retail Most of dry milk is sold to processors and used for whole milk products production Butter as well as cheese and canned milk products are mostly sold to wholesales NUTRITEK GROUP Note: the share of direct sales for commodity products (dry milk and butter) is below 10-20% 14

View entire presentation