Strategic rationale for the acquisitions

An attractive growth channel for Metcash Foodservice market is large and growing underpinned by attractive structural long-term consumer trends towards convenience and out-of-home dining, and serves a diverse range of customer segments Foodservice is a ~$21bn market expected to grow at ~5% p.a. Serving diversified non-grocery B2B end markets Australian Foodservice Market Size ($bn)¹ COVID impacted years CAGR: 5% 25 24 23 20 22 20 21 21 19 19 18 2018A 2019A 2020A 2021A 2022A 2023F 2024F 2025F 27 22 2026F 2027F 2028F Growth underpinned by consumer trends towards convenience and out-of-home dining Source: Superior Food management estimates. 1. December year end. Metcash Foodservice Market Customer Segments - all serviced by Superior Food Hospitality Customer Segments Quick Full Service Service Restaurants Restaurants Cafes Hotels & Motels Attractions Pubs, Bars and Clubs Institutional Customer Segments Education Hospitals Aged Care Workplaces Prisons / Defence Government Diverse range of end customer segments across hospitality and institutional NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES 26 26

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