Investor Presentaiton

Strong business fundamentals and new customer partnerships underpins our reaffirmed FY23 guidance We reaffirm our FY23 Operating Guidance Measure FY21 Actuals FY22 Actuals Variance to FY21 Actuals FY23 Guidance Variance to FY22 Actuals Milk Supply ML 146 151 +4% 155 - 175 +9% Mozzarella MT 12,150 14,821 +22% 15k - 16k +5% production Lactoferrin MT 2 16 +862% 16 - 19 +10% production Group Sales $M 112 140 +25% 150-180 +18% EBITDA $M -24 -18 +25% 8 - 10 ↑ significant Revenue per litre of $/1 0.77 0.84 +9% 1.00 -1.15 +28% milk Capex $m 17 5 +70% 6-8 +40% BESTON COMPANY GLOBAL FOOD 9

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