FY16 Results Presentation

Segment Performance - Produce Citrus . . • . Outstanding results through a combination of yield, quality and price Record yields achieved for the calendar 2015 growing season Export market demand buoyant with particularly strong engagement in Japan. Approx. 59% of the total crop was exported Contribution from new Amaroo citrus farm at top end of expectations The new 2016 calendar year citrus growing season is a lighter crop, as per the biennial growing cycle, but fruit is of excellent quality and demand is strong, particularly from exports The early season grape farm at Mundubbera performed above expectations, as did the export grape program Tomato A very challenging year for this category, with price deflation*: . Truss -9.7%, Field -10.9%. Snacking has remained the best performing sub-category with average pricing +1.7% Pricing over Q4 improved with seasonal change • • The new glasshouse is operating well, with yield performance better than expected The two major supermarkets are well progressed with their range reviews to redefine their tomato category offering. costa fresh is our passion Nielsen Homescan, MAT 11 June 2016 7

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