Noumi : Full Year Presentation 2022

Noumi Limited

2022 Results

29 August 2022

Important notice and disclaimer

Summary Information Only

This presentation criteria contains general information about Noumi Limited and its consolidated entities ("Noumi Limited") and its activities current as at the date of this presentation. It is provided in summary and does not purport to be complete. You acknowledge and agree that you will rely on your own independent assessment of any information, statements or representations contained in this presentation and such reliance will be entirely at your own risk.

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Noumi Limited and its related bodies corporate and associated entities and each of their respective officers, employees, associates, agents, auditors, independent contractors and advisers, do not make any representation, guarantee or warranty, express or implied as to the accuracy, completeness, currency or reliability (including as to auditing or independent verification) of any information contained in this presentation and do not accept, to the maximum extent permitted by law:

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Forward-looking statements

This presentation may contain forward-looking statements. All statements other than statements of historical facts included in this presentation are forward-looking statements. Forward-looking statements may include, without limitation, statements relating to Noumi Limited's financial position and performance, business strategy, plans and objectives of management for future operations. Forward-looking statements involve known and unknown risks, uncertainties and other factors (many of which are beyond Noumi Limited's control) and which may cause actual results to differ materially from those expressed in the statements contained in this presentation. Some of the important factors that could cause Noumi Limited's actual results, performance or achievement to differ materially from those in any forward-looking statements include (among other things): the risks and uncertainties associated with the ongoing impacts of COVID-19, levels of demand and market prices, climatic conditions in Australia and overseas, the ability to produce, process and transport goods profitably, the actions of competitors, potential Geopolitical events and inflation impacts. Forward-looking statements should not be relied on, particularly in light of the current economic climate and the significant volatility, uncertainty and disruption caused by the COVID-19 pandemic. No representation, guarantee, or warranty (express or implied) is given as to the accuracy, completeness, likelihood of achievement or reasonableness of any forecasts, projections or forward-looking statements contained in this presentation. Except as required by applicable regulations or by law, Noumi Limited does not undertake any obligation to publicly update or review any forward-looking statements, whether as a result of new information or future events. This presentation should not be relied upon as a recommendation or forecast by Noumi Limited.

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Nothing in this presentation should be construed as either an offer or invitation to sell or a solicitation of an offer to buy or sell Noumi Limited securities in any jurisdiction.

Non-IFRS information

Operating Profit, Statutory EBIT and Statutory EBITDA are unaudited, non-IFRS financial information.

Agenda

FY22 OVERVIEW

COMPANY EVOLUTION

FINANCIAL PERFORMANCE

STRATEGY

CLOSING REMARKS

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FY22 Overview

Noumi Limited FY22 Results

4

Encouraging result in complex trading conditions

MILKLAB leads strong Plant-based Beverages growth outcome

>	Reset, Transform, Grow strategy delayed by COVID-19, rising
inflation and geopolitical uncertainty
>	Plant-based Beverages a standout performance, with revenue up
7% and adjusted operating EBITDA up 30%
>	Market leading MILKLAB brand set to continue strong domestic
and export growth following resolution of US litigation
>	Dairy & Nutritionals challenges include COVID-19 disruption and
cost inflation
>	Responses include dropping unprofitable product lines, cost
controls and Q4 productivity improvements
>	Impairment reflects recent increases in global capital costs,
material costs and incomplete export price negotiation

Noumi Limited FY22 Results

5