Full Year Results Investor Presentation 2023

RESULTS AT A GLANCE $1.60B ▼ 3% T $ $ TOTAL GROUP REVENUE ($4.3M) TOTAL GROUP NPAT $90.7M TOTAL GROUP EBITDA $42.8M ▼ $40.9M $8.22kg MS TOTAL BASE MILK PRICE 12% $2.5M $33.8M ADJUSTED TOTAL GROUP NPAT¹ $95.6M ▼ $27.4M ADJUSTED TOTAL GROUP EBITDA¹ $8.49 kg MS TOTAL AVERAGE MILK PRICE All comparisons are to FY 22 and include the results of Dairyworks which has been treated as a discontinued operation. 1 Refer to slide 5 for a reconciliation of adjusted NPAT and EBITDA. PAGE 4 ▼ 11% $144.0M ▼ $2.8M TOTAL GROUP GROSS PROFIT $39.0M OPERATING CASHFLOW ▼ 83% $65.1M 32% CAPITAL EXPENDITURE $413.5M NET DEBT ▲ 21% FULL YEAR RESULTS INVESTOR PRESENTATION 2023

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