FY23 Financial Performance and Market Strategy

SEGMENT RECONCILIATION INGHAM'S Always Good GROUP AUSTRALIA NEW ZEALAND $M FY23 FY22 Var FY23 FY22 Var FY23 FY22 Var EBITDA 418.5 370.4 48.1 357.0 312.2 44.8 61.5 58.2 3.3 Restructuring 1.5 3.4 (1.9) 0.5 3.4 (2.9) 1.0 0.0 1.0 Reversal of lease impairment 0.0 (3.1) 3.1 0.0 (3.1) 3.1 0.0 0.0 0.0 Business Transformation 16.7 10.1 6.6 16.6 10.1 6.5 0.1 0.0 0.1 Property reassignment (3.0) 0.0 (3.0) (3.0) 0.0 (3.0) 0.0 0.0 0.0 Underlying EBITDA 433.7 380.8 52.9 371.1 322.6 48.5 62.6 58.2 4.4 AASB 16 adjustments (250.1) (245.6) (4.5) (210.8) (209.4) (1.4) (39.3) (36.2) (3.1) Underlying EBITDA pre AASB 16 183.6 135.2 48.4 160.3 113.2 47.1 23.3 22.0 1.3 33

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