Greencore Group Investor Presentation — September 2018

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30 September 2018RESULTS FOR SIX MONTHS TO

2AGENDANick Hampton, Chief Executive

Imran Nawaz, Chief Financial Officer

Financial Results and OutlookOverview

* Adjusted operating profit 3•Programmes to ‘Sharpen, Accelerate, Simplify’ progressing well

•Strengthened leadership team driving pace and agility across organisation

•Overall H1 performance in line with our expectations:

̶Volume growth in Food & Beverage Solutions, including North America

̶Primary Products profit* lower due to Commodities

̶Inflationary headwinds proactively managed

•Full year guidance unchanged

•Interim dividend increased by 0.2p (2.4%) to 8.6p per share

4SHARPEN SIMPLIFY ACCELERATEThree Clear PrioritiesSharpen the Focus on our Customers

Soups, sauces and dressingsIndonesia Mexico Japan

Costa Rica Philippines Middle East

•Broadening customer interactions at all levels

̶Executive , R&D, Marketing, Commercial

Food & Beverage Solutions

•Focus on selected categories

•Innovation growth partner

•Maximise margins through customer and product mix

•Diversify capacity to new and growing end-markets

Accelerate Portfolio Development

6More line extensions and

next generation projectsDeveloping solutions

jointly with customers Accelerating projects to

meet customer demandExternal partnerships to

catalyse innovationBalanced

CollaborationNew Product

Increase in last 12 months>40%

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