Investor Presentaiton

Jawoll is well positioned to expand nationally Jawoll is a profitable business, which delivers attractive returns despite its current modest size Integration has gone well • Jawoll will increasingly target the Category specialists rather than Grocery Jawoll can now access B&M's Far East supply chain Invested in IT and physical infrastructure ahead of future growth Expanded buying and new store development teams (12 hires) Jawoll is now drawing on B&M best practices... bm • Progressively reducing SKU count (now c. 10,000 SKU's, down from c.15,000 SKU's) Successfully launched smaller store format Introducing Auto-Replenishment and Merchandising Principles ... and can rely on its own strengths. • Jawoll buying team selects the product offer Jawoll Retains expertise in plants and flowers category • Continued success in direct marketing/leafleting campaigns bm June 2016 - Germany Analyst and Investor Day 11

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