Investor Presentaiton

Key risks (continued) ( Integration There is a risk that Costa's success and profitability following completion of the Acquisition could be adversely affected if the Business is not integrated into Costa's operations effectively. There is a risk that integration could take longer, be more complex or cost more than expected, encounter unexpected challenges or issues, divert management attention or that the anticipated benefits and synergies of the integration may be less than estimated. Possible problems may include: differences in culture between the businesses being integrated; lack of capability and talent to deliver integration; unanticipated or higher than expected costs, delays or failures relating to integration of businesses, support operations, accounting or other systems; challenges maintaining existing customer, stakeholder and sales relationships; loss of, or reduction in, key personnel, expert capability or employee productivity, or failure to procure or retain employees; and disruption of ongoing operations of other Costa businesses. Any failure to achieve the targeted synergies of integration may impact on the financial performance, operation and position of Costa and the future trading price of Shares. Conaghans property As part of the Acquisition Costa is likely to pay an additional $31m in July 2023 for the purchase of the 'Conaghans' property, where a new citrus crop is currently being planted by the Sellers, subject to certain conditions and price adjustments. This property is expected to increase the Business' planted hectares and volume of citrus available for sale. There is no certainty that the 'Conaghans' property development will complete as expected or scheduled, and any delay or failure to complete is likely to adversely impact the benefits from the Acquisition that can be realised by Costa. Risks associated with intellectual property rights As part of the Acquisition, Costa will acquire certain registered trade marks and trade mark applications from the Sellers, as well as an exclusive licence to commercialise several citrus varieties in certain geographic territories. There is a risk that some of the trade mark applications acquired by Costa may not proceed to registration in certain territories, and that the scope of trade mark protection may not cover all relevant territories in which Costa intends to market and sell the varieties. Also, Costa may be unable to prevent unauthorised use of the intellectual property rights in the varieties in some relevant territories. Costa's inability to prevent unauthorised use of intellectual property rights relevant to its business could result in significant loss and expense to Costa. Further, Costa's inability to use certain intellectual property rights in key territories may materially and adversely impact Costa's business, operations, profitability and prospects. Pursuing unauthorised use or rejected trade mark applications, and other disputes in relation to the relevant intellectual property rights, may also adversely impact Costa's operations and ability to integrate the Business, and may involve significant costs of litigation and the diversion of management attention, any of which may adversely impact Costa's results of operations, profitability and prospects. Water rights The Business relies on access to its allocated water rights under water licences leased to the Business by the Sellers. These water rights are contingent on there being sufficient water in the Fairbairn system. If there was insufficient water in the Fairbairn system, then some or all of the Business' allocated water rights may not be available. Although the Business has significant water storage capacity, if the Fairbairn system remains affected by drought for a prolonged period, then this could increase the costs of temporary water rights and ultimately could have a material adverse impact on the ability of Costa to obtain sufficient water to maintain healthy citrus trees for the Business and consequently impact the citrus yield and the financial performance and prospects of Costa. Prolonged drought conditions and changes in government can increase the risk of regulatory changes, which may result in adverse modifications to the allocated water rights leased to the Business. Labour The Business relies on the availability of farm labour, including seasonal workers under certain government schemes, in particular during the harvest season. The ongoing availability of workers and the ability of the Business to employ and house workers are key factors for Costa's ability to realise the expected returns from the Acquisition. Costa Group Holdings Limited African Blue Driscoll's Kes Kersama Only the Finest Berries" lady fingers Morocco's Best Bluebe NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES LOVACADO. Aussie avos. From Costa. MUSH BOOM! TO THE RESCUE Perino Vitor AUSTRALIA'S BEST itor AUSTRALIA'S BEST 42 22

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