Investor Presentaiton

ANNUAL REPORT 2020 Financial Highlights N 3% Revenue 2020 2019 23% 199,527,906 161,831,064 Profit before income tax. (20%) 14,939,249 18,752,718 Profit for the year Share capital (29%) 8,778,886 12,364,010 0% 488,168 488,168 FrieslandCampina WAMCO Acquires Nutricima Dairy Business in Nigeria In September 2020, FrieslandCampina WAMCO acquired Nutricima's dairy business in Nigeria. The investment includes the Company's production facility in Ikorodu, Lagos State and its brands, Olympic, Coast and Nunu; a range of powdered, evaporated and ready to drink milk products. These brands have a good presence across the Nigerian dairy market. The integration of Nutricima's dairy business into FrieslandCampina WAMCO Nigeria PLC strengthens the basis for rapid growth in the following ways: Incremental capacity to meet the growing demand for locally produced evaporated milk and powdered milk. • • Accelerate innovation; bringing new product formats into the market. Roel van Neerbos, President Food and Beverage "FrieslandCampina WAMCO has been a keyplayer in Nigeria since 1954. With this acquisition, we demonstrate our strong commitment to Nigeria and its dairy market." Ben Langat, Managing Director "It is our mission to bring affordable and attainable quality dairy products to all Nigerians and meet the growing demand. That's why we are pleased with this acquisition." • Total equity 8% 26,290,913 24,234,981 Strengthen regional markets and gain penetration. Per Share Data 2020 2019 Increase/ (Decrease) Number of 50k ordinary shares 976,335,936 976,335,936 • Fast track FrieslandCampina WAMCO's business ambitions. The commercial journey formally kicked off in March 2020, when FrieslandCampina and PZ Cussons signed an agreement regarding the acquisition. The acquisition underlines FrieslandCampina WAMCO's continued commitment to contribute to the development of the Nigerian dairy sector. Basic earnings Reak Peck Peak Peak 8.99 12.66 (29%) Peak Rich Back Rich Interim dividend paid 2.68 (100%) Final dividend proposed 6.74 6.81 (1%) 6 Bak Peak ValuePack VALUEPACK Family Pack Peak Peak Peak Pak Peak Peak NU Three Crowns Three Crowns COAST NU 38 COAST Peak Tarse Olyppple COAST NU NU FrieslandCampina WAMCO Nigeria PLC new additions. more nutrition

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