Bunzl Investor Day Presentation Deck

A STRONG TRACK RECORD OF ACQUISITION GROWTH Focused and disciplined approach Success of acquisition strategy 179 acquisitions since 2004 £4.3bn committed acquisition spend since 2004 ● ●. ● - Average spend over last 5 years c.£350 million per annum ¹ Self funded - Stronger, more diversified business Group average ROIC over 5 years: 16% - vs. WACC of 6-8% Note: 1. Average over 2017-2021 YTD CAPITAL MARKETS DAY 2021 Transformation of Bunzl's scale ● Three quarters of revenue growth driven by acquisitions over recent years Cumulative year 1 acquisition revenue since 2005 £4.5bn £0.3bn 2005 North America UK & Ireland £1.4bn 2010 2020 Continental Europe Rest of the World Disciplined formula supported success during pandemic ● ● ● ● Acquisition growth ● BUNZL c.£835 million of committed spend over 2020 and 2021 YTD Acquisitions completed in 2020 were largely those in motion prior to the pandemic; all 2021 acquisitions originated and completed during the pandemic Strength of balance sheet and cash generation supported capability Able to transact despite travel restrictions given strong local expertise and central team knowledge Significant financial headroom 62

View entire presentation