Fonterra Financial Overview slide image

Fonterra Financial Overview

The value we're aiming to create by 2030 through our three strategic choices PERFORMANCE 100 INVESTMENT DISTRIBUTION OF FUNDS 40-50% EBIT increase from FY21 ~9-10% Return on capital Increase dividends to ~40-45 cents per share Aspiration to be Net zero by 2050 ~$1 billion in sustainability ~$1 billion moving more milk to higher value products -$160m per annum in R&D ~$1 billion Intended to be distributed to shareholders after asset sales ~$2 billion for mix of investment in further growth and return to shareholders Note: These targets are based on assumptions and risks that are set out in the Appendix to the booklet Our Path to 2030, including the assumption of an average Farmgate Milk Price for the decade of $6.50 - $7.50 per kgMS. We are aiming to achieve these targets and they should not be taken as forecasts or guarantees of returns. They are subject to successfully completing a number of business initiatives. 13
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