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Investor Presentaiton

Half Year Financial Performance A$ million Sales H1 16 H1 15 % 851.1 836.9 1.7 EBIT excluding non-recurring items 98.3 94.1 4.5 NPAT excluding non-recurring items 63.7 61.4 3.7 Operating cash flow excluding non-recurring items 28.2 38.5 (26.8) EBIT 98.3 77.0 27.7 NPAT 63.7 49.5 28.7 Net debt to EBITDA 1.4 1.5 6.7 Interim dividend (cps) 11.5 11.0 4.5 Positive earnings and net debt metrics Operating cash flow impacted by higher tax payments and working capital (largely inventory driven) - H2 improvement in working capital expected Refer to Appendix for definitions. DuluxGroup Imagine a better place 5
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