Ocado Results Presentation Deck

Scaling up and investing to support our growth ambitions International expansion underpins uplift in CFC capital investment Step up in capex as OSP roll out picks up globally 21 sites in development at the start of FY22 £157m £250m £273m FY21 Capex UK Platform development International £680m £83m £157m £440m FY21 Capex Other Platform development CFCs c50% of platform development spend focused on delivering transformational innovation int >60% of FY21 CFC capex related to international roll out £440m £352m £191m £161m 47 £273m FY20 FY21 Sites live by end of FY22 will represent 3x the FY19 capacity base, in modules, when at maturity 63 FY19 £167m 90 FY20 UK CFCS International CFCs FY22e Notes: (1) Capital expenditure includes tangible and intangible assets (2) Capital expenditure excludes assets leased from MHE JVCO under lease liability arrangements (3) Capital expenditure includes MHE JVCo capital expenditure in 2021 of £2.8 million and in 2020 of £3.4 million (4) 2020 reflects changes in the allocation of certain expenditure between UK Operations, International CFCs and Technology, Fulfilment Development and Innovation to support appropriate comparison with 2021 Ⓒ2021 Ocado Group plc. All rights reserved. FY21 145 14

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