FY16 Results Presentation

Costa Farms & Logistics Pro Forma segment financial and operating metrics A$m Pro forma FY15 Pro forma FY16 Var Prospectus FY16 " Revenue 231.5 217.8 (13.7) 220.7 • EBITDA before SGARA 9.3 10.5 1.2 9.0 EBITDA-S margin 4.0% 4.8% 0.8% 4.1% • Transacted sales 250.6 246.7 (3.9) 238.7 Revenue down $13.7m or 5.9% against FY15: Costa Farms -6.1%: • includes wholesale market, banana and avocado operations Revenue decrease due to lower banana pricing, and higher proportion of marketed produce being undertaken on an agency basis Logistics -5.5%: reduction due to the transition out of the Coles services contract at Eastern Creek in Q1 FY15 The warehouse has been back filled with new work and further integrated with Costa Produce category requirements Revenue growth: -5.9% FY16 share of revenue • Costa Farms Logistics -6.1% costa fresh is our passion 12% -5.5% 88% EBITDA before SGARA improvement of $1.2m on FY15: - Improved Logistics earnings through cost control, site utilisation and service volumes. Polarfresh delivered strong gain-share outcomes FY15 result impacted by Eastern Creek transitional activities following Coles exit Offset by Costa Farms earning reduction due to banana pricing 15

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