Ocado Investor Day Presentation Deck

Technology Solutions: attractive returns as revenue ramps £m Revenue Contribution margin Group support costs Technology costs (P&L) EBITDA margin FY21 183 103 56% (89) (96) (81) (44.3)% Mid term > 900 c. 70% (90) (70) c. 50% Significant evolution in margin; underlying economics of the model come through 23

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