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Investor Presentaiton

Retail: Q2 2023/24 vs Q2 2022/23 Same Store Sales 10.4% Same Store Footfall 10.6% ABV (0.2)% John Keells Group Q2 2022/23: Sustained growth was maintained despite the challenging operational environment. Q2 2023/24: The conversion of standard format outlets to an extended format, along with promotional campaigns, contributed to same store sales growth. Q2 2022/23: ☐ Customer Count was maintained despite the challenging operational environment. Given the macroeconomic conditions, demand shifted towards Modern Trade in comparison to General Trade. Q2 2023/24: Continued to attract new customers as well as improved footfall from existing customers with the easing of inflationary pressures. Q2 2022/23: ☐ September 2022 NCPI (YoY) - 73.7%. Due to adverse macroeconomic conditions, the Weight of Purchase (WOP) decreased due to reduced spending on non-essential items, while the Retail Selling Price (RSP) rose significantly on account of high inflation levels. Q2 2023/24: ☐ ■ September 2023 NCPI (YoY) - 0.8%. Despite a QoQ tapering down of inflation, the slight YoY increase in inflation led to a rise in the RSP. The ongoing reduction in the consumption of non- essential items led to a decrease of the WOP, which contributed more significantly to the decline in the ABV. 17
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