Bunzl Results Presentation Deck

UK & IRELAND / REST OF THE WORLD Good second half recovery in UK & Ireland; strong growth in Latin America £m Revenue Adjusted operating profit¹ Operating margin¹ Return on average operating capital¹ Notes 1. Alternative performance measure - see Appendix 1 2. At constant exchange rates 2021 FULL YEAR RESULTS UK & Ireland 2021 1,254.2 67.0 5.3% 38.4% 2020 1,287.7 68.6 5.3% 41.4% REPORTED (2.6)% (2.3)% CONSTANT EXCHANGE UNDERLYING (2.4)% (6.2)% (2.2)% Revenue performance driven by the decline in larger Covid-19 related orders which strongly benefited the prior year Excluding larger Covid-19 related orders, good underlying sales growth driven by acceleration of recovery in the second half By Q4 the base business was approaching 2019 levels, supported by inflation Margin impact from reduced Covid-19 related sales offset by reduced net charge in relation to provisions and improvement in the base business; meaningful improvement in operating margin in H2 Overall revenue in 2021 was 1% higher than in 20192, with the second half of the year being 6% higher than in 2019 Rest of the World 2021 913.3 116.5 12.8% 48.9% 2020 852.3 104.2 12.2% 50.9% REPORTED 7.2% 11.8% BUNZL CONSTANT EXCHANGE UNDERLYING 11.0% 18.3% 4.7% Rest of the World delivered very strong growth despite the strength of performance in the prior year Growth driven by Latin America with strength in the base business, which traded very strongly ahead of 2019 levels, and acquisitions Latin America operating margin was impacted by Covid-19 related product deflation in the second half Asia Pacific revenue grew modestly with acquisitions and base business growth offset by a decline in Covid-19 related orders. Operating margin expansion due to strong growth within healthcare and warehouse consolidations Overall revenue in 2021 was 34% higher than in 2019² 18

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