FY23 Financial Performance and Market Strategy slide image

FY23 Financial Performance and Market Strategy

NORTHERN NEW SOUTH WALES BREEDER TRIANGLE INGHAMS Always Good DELIVERING CURRENT & FUTURE NETWORK CAPACITY AND OPERATIONAL RESILIENCE Located in the Casino area in Northern NSW, the 'triangle' will service the Queensland market (~3hrs from Brisbane) Close to existing Inghams owned breeder farms, enabling sharing of resources and other efficiency synergies Owned and operated by Inghams, maintaining control of operations Investment made to meet growing capacity requirements and avoid potential capacity bottlenecks The rearing farm has come on-stream and first egg- producing farm commenced operations in April 2023 Second production farm scheduled to commence operations in November 2023 Expected to produce approximately 700,000 eggs per week when fully operational Total project cost estimate: $50-55M 24
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