FY16 Results Presentation

International Pro Forma segment financial and operating metrics A$m Pro forma Pro forma Var FY15 FY16 Prospectus FY16 Revenue EBITDA before SGARA 6.4 11.4 5.0 7.8 EBITDA-S margin Transacted sales 15.3 27.4 12.1 18.7 Transacted sales: +79.1% FY16 share of T/Sales 94.4% 76.6% Royalty Income African Blue costa fresh is our passion 84% 16% Transacted Sales increase of $12.1m or 79.1% on FY15: - Royalty income +94.4%: • Increased fruit based royalties with farm expansion/maturity across Morocco and Driscoll's Americas plantings Royalty income from plant sales for plantings in newer regions (eg Mexico) - African Blue +76.6%: . The 2016 season has exceeded expectations. Favourable growing conditions enabled a longer season with peak occurring about a month earlier than in FY15 Consistent high quality has continued to position African Blue as a premium brand attracting stronger pricing in target markets of UK and Europe, even during the more competitive parts of the season EBITDA before SGARA growth of $5.0m or 78.1% against FY15. 16

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