Investor Presentaiton

> Acquisition funding and timing - Transaction funding Total upfront funding requirement of approximately $219 million (including stamp duty and transaction costs) to be funded by: $190 million fully underwritten pro rata accelerated renounceable entitlement offer, with retail rights trading ("PAITREO"). $29 million from existing undrawn debt facilities. July 2023 payment of $31 million relating to future purchase of 'Conaghans' property expected to be funded via existing undrawn debt facilities at the time of purchase. ■ The transaction is expected to be around 10% EPS accretive¹ on a pro forma basis in CY21 excluding future plantings at 'Conaghans' and potential synergy benefits (before transaction and implementation costs). Financial impact ■ EPS impacts expected to enhance over time with 2PH yields forecast to more than double by orchard maturity by 2025. ■ Pro forma net debt / EBITDA-SL as at 30 June 2021 estimated to be approximately 1.4x² (unaudited). Timing and Conditions Transaction is expected to be completed by late July 2021. Payment of $31 million for additional 210 planted hectares around July 2023 for the purchase of 'Conaghans', subject to certain conditions.3 Trading update and outlook Costa 1H21 performance expected to be marginally ahead of prior comparable period, with a strong performance from the international segment and mixed performance from the produce segment Forecast 1H21 results: revenue ~$627 million; EBITDA-S ~$124 million; NPAT-S ~$44 million. At this point in time, based on current information, Costa expects CY21 EBITDA-S and NPAT-S to be marginally ahead of CY20 (which were $197.2 million and $55.1 million respectively) prior to taking into account the impacts of the acquisition and the equity raising. 1 Comparative earnings per share (EPS) for the Company takes into account a theoretical ex-rights price adjustment for the entitlement offer and excludes one-off costs and any impact of acquisition accounting. Assumes a full year contribution from 2PH assuming the transaction completed at the start of the CY21 calendar year. Financials presented on a post-AASB16 basis 2 Presented on a pre-AASB16 basis and assumes 2PH CY21 earnings on a pro forma basis 3 Subject to exercise of put or call options; price adjusted if different than 210 hectares planted at 'Conaghans' as at July 2023 or associated infrastructure not fully completed Costa Group Holdings Limited Driscoll's lady fingers African Blue Only the Finest Berries" Ö LOVACADO. Aussie avos. From Costa. Morocco's Best Bluebe NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES MUSH BOOM! TO THE RESCUE Perino Vitor itor AUSTRALIA'S BEST AUSTRALIA'S BEST 10 10

View entire presentation