Investor Presentaiton

Processing segment EXTERNAL FACTORS SIGNIFICANTLY AFFECTED EARNINGS $m MMALT UNITED Revenue up 15.6% to $1,084.7 million (on constant currency basis, revenue up 12.9%) Actual FX Constant FX FY22 FY21 % Change FY21 % Change 1084.7 938.1 15.6% 961.0 12.9% . Revenue¹ Underlying EBITDA (before one-off 70.1 101.3 (30.8)% 106.4 (34.1)% items and SaaS) EBITDA 60.3 90.2 (33.1)% 94.8 (36.4)% EBITDA Margin % 5.6% 9.6% (4.0)pts 9.9% (4.3)pts Sales volume was in line with FY21, reflecting continued disruption in supply chains Revenue higher reflecting the barley price Underlying EBITDA $70.1m (before SaaS) UK/AU improved volumes and margins External factors impacted Underlying EBITDA delivery: Cost and poor quality of domestically-sourced North American barley supply resulting in increased costs Continued supply chain disruption and elevated costs including sea, rail and road freight, causing continued delays in customer shipments and higher costs; and Increased energy costs 1. Revenue includes intersegment sales of $34.6m in 2022 and $33.2m in 2021 9

View entire presentation