Associated British Foods Results Presentation Deck

||| Revenue £m Adj. operating profit £m Margin ROACE ■ Grocery 13 2023 4,198 448 10.7% 30.0% 2022 Change actual fx 3,735 399 10.7% 29.3% +12% +12% Change constant fx ▪ Resilient performance by our brands in challenging market conditions Second half profitability better than first due to timing of price increases ▪ International brands trading well ▪ US focused brands with strong volumes and good profitability ■ Allied Bakeries improving considerably +11% +8% alfea VITA T GREY RYVITA Keywill 50/50 FRUSU Yumit RYVITA CONALTIN Associated British Foods plc

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