Investor Presentaiton

ofi 2022 results: Ingredients & Solutions S$ Million EBIT +3.4% -0.1% 408 407 381 Invested Capital Working Capital Fixed Capital 2020 Restated 2021 Restated 2022 EBIT/MT (S$) 386 327 321 +7.1% +3.0% Adjusted EBIT (S$) 386 430 444 • • EBIT maintained at S$407 million. Strong growth from Spices business in the US and hazelnut processing in Turkey was offset by cocoa and soluble coffee processing in Europe which saw a war-led spike in energy costs in H1 2022. Adjusted EBIT was up 3.0% year-on-year. Depreciation and amortisation charges stepped up due to recent acquisitions which have not contributed for the full year. Olam Group Limited Investor Presentation | May 2023 • ofi make it real +36.2% +16.1% 7,070 6,088 3,137 3,809 2,624 1,954 3,464 3,934 1,855 Dec-20 Restated EBIT/IC 10.6% Dec-21 Restated 8.2% Dec-22 6.2% IC increased 16.1%, driven by recent acquisitions and ongoing greenfield investments in Dairy processing, New Zealand, and soluble coffee facility in Brazil. 33 Not for distribution in the United States, the United Kingdom, European Economic Area, Canada, Australia or Japan

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