FY16 Results Presentation

Segment Performance Costa Farms & Logistics International costa fresh is our passion • • · Strong performance from the Polar Fresh JV through enhanced gain share outcomes Improved earnings from the distribution centres through increased throughput and strong cost management Negative impact from banana price deflation caused by industry oversupply Melbourne wholesale market operations successfully relocated to Epping, with warehousing and ripening requirements further integrated into Costa's existing Derrimut facility . • • Significant year on year growth, driven largely by the success of Costa's blueberry varieties worldwide With growth in Morocco production these varieties are now available in volume in the UK and European markets. Retailers routinely rate the varieties as most preferred and African Blue commands a price premium Similarly, in the America's, as Driscoll's rolls out its blueberry expansion program it is using Costa varieties as the largest individual platform The latest variety being planted in volume is the late season blueberry variety Arana which combines large fruit with attractive flavour and a crunchy texture Arana will be available in Australia in substantial volumes from next year's season 8

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