Investor Presentaiton

Retail: Q4 2022/23 vs Q4 2021/22 Same Store Sales 30.1% Same Store Footfall 0.1% ABV 30.0% John Keells Group Q4 2021/22: • Higher same store sales growth on the back of the easing of pandemic- related restrictions resulting in the improvement of consumer. sentiment and 'pent up' demand. Q4 2022/23: • Despite inflation moderating, prices remained relatively higher compared to Q4 2021/22, which aided a growth in same store sales. Q4 2021/22: Q4 2021/22: With the resumption in business activity, customer footfall increased. • March 2022 NCPI (YoY) - 21.5%. Q4 2022/23: . Given that the footfall in Q4 2021/22 had already reverted to pre-pandemic levels and was in line with normalised operations, footfall recorded a marginal growth. Q4 2022/23: • March 2023 NCPI (YoY) - 49.2%. • Although inflation eased QoQ, the taxes imposed on items, resulted in an increase in the RSP. • The drop in the WOP on account of reduced purchase of non-essential items was more than offset by the significant increases in the RSP. 21

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