Sigma and CWG Merger Risks and Management Overview

NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES Attractive Investment Case to Deliver Future Growth MergeCo is well positioned to capitalise on significant growth opportunities 31 37 Winning new franchisees to support the growth of the Australian store network Continued investment in announced relaunch of the Amcal brand and Discount Drug Stores Expanded product offering and services to franchisees – including extension of CWG's in house media and marketing capability across MergeCo, and expansion of own brand and private label range Increased omnichannel capabilities, building on CWG's existing offering for the benefit of all MergeCo franchisees and retail customers International market expansion under the Chemist Warehouse brand

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