Investor Presentaiton

NEW ZEALAND ACQUISITION INGHAM'S Always Good ACQUISITION OF BROMLEY PARK HATCHERIES Conditional purchase of the poultry meat business and assets of Bromley Park Hatcheries (BPH) for NZ$8.6M1 Ingham's to acquire the BPH business, working capital and fixed assets associated with the business, with 3rd party lessor to acquire land and facilities and to enter into a long-term lease with Inghams Background ■ BPH own and operate a number of breeder farms as well as a hatchery in NZ Inghams currently use BPH as a 3rd party supplier of Day Old Chicks (DOCs), providing 10-15% of Inghams DOCS Benefits Provides the opportunity for Ingham's NZ to become self-sufficient in respect of its DOC requirements Purchase avoids the longer lead time and associated risks of a breeder greenfield build Reduces network risk and improves hatchery contingency with a modern hatchery, whilst providing for future growth Transaction requirements & timeline Requires Commerce Commission and Overseas Investment Office approval Finalisation and settlement expected in 1Q FY24 1. Subject to normal working capital adjustments on completion 25

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