BIDVEST AUSTRALIA Investor/Analyst Presentation

October 2015

Australian Background

• First business in Australia in 1995, 20 years in Australia • Number 1 player in the foodservice market • 5 divisions

• Foodservice • Fresh Produce • Fresh Meat • Imports • Logistics

• 50 branches across Australia • 600 delivery vehicles • 2500 employees

Branch Locations

• Darwin to Sydney is 3933kms (2444 miles) • Population 21 million • Population concentrated around East &

South Coast

Highlights FY ‘15

• Sales over $2.1b • EBIT growth of 10% on prior year • Total expenses under 15% • World class metrics • Largest single business in the Bidvest portfolio

Foodservice Division

It’s all about the food!

• Over 70% of the total Australian Sales

• 31 branches across Australia

• $1.5 billion in sales

• 0ver 40,000 customers

• Over 6% EBIT

Foodservice Division

Melbourne, Victoria

Perth, Western Australia

Regional Locations

Sunshine Coast, Queensland Central Coast,

New South Wales

Tamworth, New South Wales

Our Customers

• Hotels • Clubs • Cafes • Restaurants • Nursing Homes • Hospitals • Offices • Schools • Child Care Centres • Caterers • Take Away Shops

Opportunities

• Growth in Free Trade Customers • Deal with 40,000 • 80,000 plus Food Outlets in Australia

• New Locations • New product categories through the Imports Division

• 7 Branches across Australia • Huge opportunity to leverage off FS customer base • Fragmented market with no national distribution

Fresh Produce Division

Meat Division

• 5 dedicated processing plants delivering direct to the end user • 2 processing plants making product for the foodservice branches • Huge opportunity to leverage off FS customer base • Focus on portioned controlled and value added lines • Paddock to Plate

Bidvest Own Brands

Imports Division • Very important to our Australian business

• Largest Supplier

• Import 1400 containers annually

• Approximately 400 Bidvest Branded lines

• 6 Product categories

• Seafood Frozen

• Other Frozen (chips, vegetables)

• Chilled

• Dry Groceries

• Packaging and disposables

• Hygiene (chemicals etc)

Bidvest Own Brands

Logistics Division

• Currently 4 stand alone depots • Carton moving business and not our focus • Low margins • Very little return • Winding down this division

Thank you Questions?