FY16 Results Presentation

FY2016 vs FY2015 Pro Forma Results A$m Pro forma FY2015 Pro forma FY2016 Key Highlights Variance Revenue 723.5 809.0 85.6 Other revenue 9.0 12.7 3.7 Share of associates and joint 9.5 14.4 4.9 ventures Revenue +11.8%: ☐ - Transacted sales have exceeded $1 billion for the first time in FY2016 Revenue growth achieved across all four core Produce categories Costa Farms & Logistics (CF&L) revenue lower due to weaker banana pricing Operating expenses (670.6) (745.1) (74.5) EBITDA before SGARA 71.4 91.1 19.7 Fair value movements in biological 3.4 4.3 1.0 assets EBITDA before SGARA +27.6%: Contribution from all segments has increased year on year All joint ventures have exceeded expectations EBITDA 74.7 95.4 20.7 ☐ EBITDA-S margin improvement from 9.9% to 11.3% Depreciation & amortisation (19.0) (22.5) (3.5) Profit/(loss) on sale of assets 0.5 (1.0) (1.5) Impairment losses (1.6) 1.6 EBIT 54.6 71.9 17.4 NPAT 38.0 49.3 11.3 Transacted Sales 922.0 1,042.5 120.5 EBIT +31.8%: SGARA increase predominantly relates to the new season citrus crop Depreciation expense increase due to new capex, and includes $1.8m due to capitalised bearer assets FY2015 impairment loss due to write-down in the carrying value of grape vines capitalised as part of the change in accounting for bearer assets (previously recognised as a SGARA movement) Note: Refer to the Appendix for a reconciliation between Pro forma and statutory results, restatement of FY2015 amounts due to the change in accounting for bearer plants, and the definition of Transacted Sales costa fresh is our passion 13

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