Investor Presentaiton

FY2015 Pro Forma Results vs Prospectus Actual Pro forma Prospectus Pro forma Key Highlights Actual vs Prospectus A$m FY15 FY15 Revenue 723.5 704.4 19.1 EBITDA before SGARA 71.0 70.6 0.4 EBIT NPAT 54.9 54.0 0.9 38.3 37.8 0.5 EBITDA-S margin 9.8% 10.0% (0.2)% Transacted sales 922.0 905.8 16.2 Operating EBITDA 73.2 72.4 0.8 Note: a reconciliation between Pro forma and statutory results is included in the Appendix costa fresh is our passion Revenue and Transacted Sales have exceeded the Prospectus forecast by 2.7% and 1.8% respectively, with uplift across all categories except tomatoes which were impacted by weaker truss prices over the last quarter. EBITDA before SGARA above forecast by $0.4m, driven by solid operating performance in the last quarter, offset by a bad debt expense against a significant Driscoll's JV grower. EBITDA before SGARA margin of 9.8%, with a higher mix of third party traded fruit over the last quarter. 6

View entire presentation