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Investor Presentaiton

Costa Farms & Logistics Pro Forma segment financial and operating metrics A$m Pro forma Pro forma FY14 Var FY15 Prospectus FY15 " (1) Revenue 227.1 231.5 4.4 230.3 • EBITDA before SGARA 14.4 9.0 (5.4) 8.9 EBITDA-S margin 6.3% 3.9% (2.4%) 3.9% • 8.7 Revenue $4.4m or 1.9% higher than FY2014: - Costa Farms +20.0%: includes wholesale operations, banana and avocado operations; Increase due to significant marketing campaigns undertaken in H2 FY2015, and higher banana prices relative to FY2014. Logistics -51.8%: reduction due to the termination of the Coles services contract at Eastern Creek in July 2014. • warehouse has been back filled with new work and further integration with Costa category requirements; Transacted sales (1) 250.3 250.6 0.3 249.4 Operating EBITDA 14.4 9.0 (5.4) Revenue: +1.9% 20.0% Costa Farms Logistics -51.8% • Site operations restructured to lower cost base. EBITDA before SGARA reduction of $5.4m or 37.5% against FY2014: Eastern Creek impact $8.5m Uplift in Costa Farms trading activities has mitigated some of this impact. Note: CF&L segment revenue and transacted sales has been adjusted to reallocate intersegment eliminations from group intercompany eliminations. There is no change to overall group revenue. costa fresh is our passion 12
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