Pokeno Institutional Investor Site Tour

THE DATA SPEAKS FOR ITSELF NEW ZEALAND CREAM IMPORTS TO CHINA 39% of total import volume (cream) 44% of total import value (cream) • O---- • $8.3 billion export market to China FAST GROWING CHANNELS • China bakery growth 9.9% • Beverage growth 13.4% EMERGING OPPORTUNITIES IN CHINA • • Central kitchens growing at 25% Frozen bakery segment – less than 10% market penetration (US is 70%) Pre made dish segment – just 8% market penetration (Japan at 60%) POKENO INSTITUTIONAL INVESTOR SITE TOUR

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