Investor Presentaiton

FINANCIAL OVERVIEW Debt Position Highly supportive club of 10 Banks c£300million total facility (plus accordion) Net Debt (£m) Net Debt/EBITDA¹ Interest Cover¹ Note: 1. Assessed in line with banking covenants VICTORIA PLC At 31 March-18 At 1 April-17 At 2 April-16 258.7 89.6 61.1 2.68x 1.63x 1.85x 9.34x 12.09x 7.82x 26

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