Investor Presentaiton

- FY17 organic growth plans – 10 stores DC PROPOSED OPENINGS Estate at 31/3/16 ORGANIC ROLLOUT Healthy organic pipeline, with budget of 10 openings in FY17 • 7 expected to be c.2,000m², 3 expected to be c.1,000m² • 5 openings already delivered as of 17 June 2016 • Obtaining planning consents is a constraint on speed of growth so Jawoll is also open to corporate packages FY2017 organic openings 20 June 2016 - Germany Analyst and Investor Day

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