FY16 Results Presentation

#4 International growth projects - China China ■ The joint venture agreement was executed in January 2016 ◉ Ownership: Costa 70%, Driscoll's 30% ◉ ■ ☐ ☐ ■ First farm established, with second raspberry harvest in progress and first blueberry harvest expected Dec-March. Second farm is currently being established in a new region at Manlai (near the Burmese border). Further land for future expansion has been identified with lease negotiations in progress - Management team is being assembled – mix of local and Australian staff Response to date from the market on small volumes has been extremely positive PRC subsidiaries incorporated, with formal JV capitalisation to occur H1 FY2017 Initial berry farm at Shiping, Yunnan Province, China costa fresh is our passion 22 22

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