Investor Presentaiton

Forests CONTINUED INVESTMENT IN FOREST STRATEGY • Longer term Mānuka forest hypothesis, targeting: - - 40% improvement in yields 60% improvement in quality of yields 20% reduction in costs Now have circa 7,500 hectares of forests • NZ's largest private native forest owner/manager 2022 • Targeting to increase to circa 20,000 hectare over next 7 years • Ownership of a minimum of 50% of carbon credits on leased land, with 100% on owned land ●• Maturity profile: no harvest years 1 to 3, 25% in year 4, 50% year 5 and 100% year 6 • Forecasting material benefit to COGS in the year 2027 onwards COMVITA INVESTOR PRESENTATION FULL YEAR RESULT FY22 28

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