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Investor Presentaiton

ELDERS LIMITED Gross Margin Diversification Continued focus on product diversification through organic and acquisition growth 130.4 -8.2% 172.9 158.8 38.1 -20.4% +19.1% 58.2 46.3 47.3 39.7 32.3 -1.9% +39.0% 73.1 71.7 61.2 54.5 39.2 21.5 AgChem Fertiliser Animal Health Other Retail Wholesale Products Retail Products +1 49% vs. LY 1. Agency split: Sheep - 37%; Cattle - 48%; Wool and Grain - 15% Pie charts represent percentage of total FY23 gross margin FINANCIAL RESULTS Total Gross Margin ($m) 652.7 619.0 -22.7% 529.4 147.0 141.3 113.7 -3.4% FY21 FY22 FY23 +21.0% 61.6 59.5 53.5 50.7 44.2 41.3 -18.5% 16.8 12.6 13.7 12% +0 vs. LY Agency Services¹ -4 18% Real Estate Services Financial Services Feed & Processing Services 10% 9% 2% -0 vs. LY +0 +2 vs. LY vs. LY vs. LY 20 20
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