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Investor Presentaiton

Capital and Debt Management A$m Net debt Jun-23 Dec-22 Variance 350.1 352.0 (1.9) Net debt/ LTM EBITDA-SL 2.31x 2.46x -0.15x 300 250 200 150 100 50 о Senior debt facility maturity profile (A$m) || 2023 2024 2025 2026 2027 Costa well grown 1HCY23 Results Presentation Key Highlights • Improvement in debt metrics vs pcp: leverage ratio down to 2.31x (Dec-22: 2.46) and small reduction in net debt despite working capital build. Staggered syndicated debt tenure over next 4 years post full renewal in CY22. Deferral of consideration of interim dividend. 19
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