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Investor Presentaiton

Support Segment Solid growth in revenue despite intense competition Segment Revenue (N'bn) FY'21 FY'20 % Change Q4'21 Q4'20 Change Revenue 29.2 12.3 137 13.6 (0.1) 10,616 Profit Before 1.9 (2.6) 174 2.5 (3.0) 185 Tax SUPER SACK BAGCO DY BAGS IT BETTER FMN Food and Agro-Allied Group 12% FY'21 Bagco volume growth N2.4bn Q4'21 Before Tax Profit reverses recorded losses since Q1'21 2.0% FY'21 improvement in EBITDA margin Strong growth in customer segments (harvest, cement, feed and others) and continuous product innovations (zero fly, hermatic bags, irrigation holes) have driven impressive top-line performance Port facilities business performed well with increase in the volume of cargo delivery. Improved customer response time and accelerated discharge operation continues to maintain market position Transportation logistics business also saw 25% revenue growth y-o-y, as the use of night operations and the introduction of a control center led to faster deliveries and improvement in truck-turn-around time FLOUR MILLS OF NIGERIA PLC | INVESTOR PRESENTATION FULL YEAR 2021 26
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