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Investor Presentaiton

• FY22 Group Results Impacted by non-recurring costs & demand issues, now addressed in FY23 5.00 -5.00 -10.00 -15.00 -20.00 0.8 2.0 -22.9 -25.00 -25.7 -30.00 Reported FY22 NPBT PFG impairment 1.9 3.0 1.7 1.7 3.7 14.3 • • One-off legal costs Trading results Milk variances Plant performance Lactoferrin sales Lactoferrin sales foregone accounted for $14.3m variance (but FY23 sales locked away) Demand/COVID-19 PFG operations FY22 Baseline NPBT Milk variances ($3.0m) expected to diminish on the back of improved milk supply pricing in FY23 Operational issues and COVID-19 related challenges ($5.6m) not expected to reoccur in FY23 PFG results to improve given renegotiated pricing for FY23, and operational improvements • BESTON COMPANY 'GLOBAL FOOD 6
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