Investor Strategy Day Presentation
Released
Released
Announcement PDF
Ricegrowers Limited
ABN 55 007 481 156
Registered Office
57 Yanco Avenue, Leeton, NSW 2705 Australia
Locked Bag 2, Leeton, NSW 2705 Australia
T +61 2 6953 0411
www.sunrice.com.au
1/2
SunRice Group Investor Day Presentation
Ricegrowers Limited (ASX:SGLLV) (“SunRice Group”) is holding an Investor Day at its Sydney office today.
A copy of the presentation to be given at the SunRice Group Investor Day is attached.
Authorised by Kate Cooper, Group General Counsel and Company Secretary.
Investor enquiries:
Richard Rose
Vice President of Corporate Development
0410 300 986
rrose@sunrice.com.au
Media enquiries:
Anthony McFarlane
Group Corporate Affairs Director
0447 324 674
amcfarlane@sunrice.com.au
To ask any questions about this announcement, or other investor queries, please visit the SunRice Investor Hub.
About SunRice Group’s structure
The structure of SunRice Group contains non-standard elements including its dual class share structure comprising A Class Shares and B Class
Shares.
A Class Shares confer on their holders the right to vote at general meetings but no right to dividends. A Class Shares are not quoted on ASX and may
only be held by rice growers who meet the production quotas prescribed by the SunRice constitution. No person may hold more than 5 A Class
Shares. In practical terms the voting rights held by A Class Shareholders give those shareholders the right to control the election of directors and any
changes to SunRice Group’s constitution.
B Class Shares are quoted on ASX and confer on their holders the right to receive dividends, as determined by the directors from time to time.
Holders of B Class Shares do not generally have the right to vote at general meetings of SunRice Group. This means B Class Shareholders have no
right to vote on the election of directors of SunRice Group. No person may hold more than 10% of the total number of B Class Shares on issue.
For more details of the non-standard elements of SunRice Group’s structure see: https://investors.sunrice.com.au/
ASX Announcement
1 May 2026
Shaping our Future with Rice at our Heart
SunRice Group
Investor Day
SunRice Group Investor Day – 1 May 2026
2
This presentation is for information purposes only. This
information is given in summary form and does not
purport to be complete. It should be read in conjunction
with the most recent financial report, prior disclosures
to the ASX and the Information Memorandum dated
March 2019. The content of this presentation is
provided as at the date of this presentation (unless
otherwise stated). Reliance should not be placed on
information or opinions contained in this presentation
as advice to investors or potential investors and,
subject to any legal obligation to do so Ricegrowers
Limited (“SunRice” or “Company”) does not have any
obligation to correct or update content.
This presentation does not purport to contain all
information necessary to an investment decision, is not
intended as investment or financial advice, is not a
recommendation, offer or invitation by any person or to
any person to sell or purchase securities in SunRice in
any jurisdiction, and must not be relied upon as such.
Any decision to buy or sell securities or other products
should be made only after seeking appropriate
financial advice.
This presentation is of a general nature and does not
take into consideration the investment objectives,
financial situation or particular needs of any particular
investor.
Any investment decision should be made solely on the
basis of your own enquiries. Before making an
investment in SunRice, you should consider whether
such an investment is appropriate to your particular
investment objectives, financial situation or needs and
obtain independent advice from a qualified financial
adviser.
The distribution of this presentation including in
jurisdictions outside Australia, may be restricted by law.
Any person who receives this presentation must seek
advice on and observe any such restrictions.
To the maximum extent permitted by law, SunRice, its
related corporations, directors, officers, employees or
agents disclaim liability (including, without limitation,
any liability arising from fault, negligence or negligent
misstatement and whether that liability is direct,
indirect or consequential) for any loss arising from this
presentation or reliance on anything contained in or
omitted from it or otherwise arising in connection with
this (whether foreseeable or not).
All amounts are in Australian Dollars, unless otherwise
stated. Certain statements in this presentation
(including those that contain terms such as "believe",
"estimate", "plan", "project", "target”, "anticipate",
"expect", "intend", "likely", "may", "will", "could" or
"should") relate to the future, including forward looking
statements relating to SunRice’s financial position and
strategy. Whilst the forward -looking statements are
based on current views, expectations and beliefs as at
the date they are expressed, these forward -looking
statements involve known and unknown risks,
uncertainties, assumptions and other important factors
that could cause the actual results, performance or
achievements of SunRice to be materially different
from the future results, performance or achievements
expressed or implied by such statements. No
representation or warranty, express or implied, is made
as to the fairness, accuracy, reliability, completeness or
correctness of information contained in this
presentation, including the accuracy, likelihood of
achievement or reasonableness, fairness, accuracy,
reliability, completeness or correctness of any forward -
looking statements. There can be no assurance or
guarantee that these forward -looking statements will
be realised.
This presentation should be read in conjunction with
other publicly available material. Further information
including historical results and a description of the
activities of the SunRice Group is available on our
website: investors.sunrice.com.au
About SunRice’s structure
The structure of Ricegrowers Limited (trading as
SunRice) contains Non -Standard Elements, including:
1. The Company has a dual class share structure with
differential voting rights;
2. The Company’s constitution imposes shareholding
limits on A Class Shares and B Class Shares; and
3. The Company’s constitution outlines the
composition of the Board of Directors.
Details of these Non -Standard Elements are available
on SunRice’s website. One of the conditions of the
Company’s admission to the official list of the ASX in
2019 was the provision by SunRice of an undertaking
to the ASX that it would disclose, in its FY24 Annual
Report, whether it had considered removing the Non -
Standard Elements from its structure and operations,
and if it had decided not to remove the Non -Standard
Elements for the time being, its reasons for this.
In line with this obligation, SunRice disclosed in FY24
that it was conducting a strategic review including a
review of its structure and operations and that this
would include a review of the Non -Standard Elements
to assess whether the structure continues to be in the
best interests of the Company and its shareholders
generally. As at the date of this presentation, no
decision has been made or approved by the Board to
modify the structure.
The Board considers that any changes to the
Company’s capital structure require careful
consideration of a range of strategic, commercial, and
stakeholder factors. Should any material
recommendations arise from the Board’s periodic
reviews, they will be the subject of consultation with the
ASX and, where required, will be submitted to
shareholders for approval.
It should be noted that the interests of A Class
Shareholders are in achieving returns through Paddy
Prices. The interests of B Class Shareholders are in
achieving dividends on B Class Shares and
improvement in the market price of B Class Shares.
The Directors are required to act in the best interests of
the Company as a whole. SunRice’s Directors have
actively managed the interests of both A Class and B
Class shareholders, in a listed environment on both the
NSX and ASX for more than 18 years and the Directors
believe they have demonstrated a strong track record
in balancing the interests of both classes of
shareholders. In addition, the Board has procedures to
manage any potential conflict or divergence of
interests which may arise, including establishing a
committee of non -grower Directors (the Independent
Committee). These procedures are set out in the
SunRice Conflict of Interest Policy and the Paddy
Pricing Policy. Copies of both policies are also available
on SunRice’s website.
For more details of the Non -Standard Elements of
SunRice’s structure see: investors.sunrice.com.au
Important notice & disclaimer
SunRice Group Investor Day – 1 May 2026
Welcome
Dimitri Courtelis, Chief Financial Officer
Agenda
3
1
Chair’s Address
John Bradford, Chair
2
SunRice Group Overview and 2030 Growth Strategy
Paul Serra, Chief Executive Officer & Managing Director
3
Rice 101
Paul Serra, Chief Executive Officer & Managing Director
4
International Overview
Belinda Tumbers, Chief Executive Officer, International & Global Sourcing
5
SunRice Group Financials
Dimitri Courtelis, Chief Financial Officer
6
Q&A
7
ANZ Overview
Ganesh Kashyap, Chief Executive Officer, ANZ
8
John Bradford
4
Chair’s Address
SunRice Group Investor Day – 1 May 2026
1950
Ricegrowers’ Co -operative
Mills Limited (RCM) formed.
1950s - 1960s
1970s
Deniliquin Mill built. Trukai Industries
Ltd (PNG) established to extend
Riverina rice markets. CopRice
acquired to process and sell rice -
milling by-products.
1980s
Start of value-added products
(rice cakes, rice bran, horticultural
products). Rice Cakes plant built
in Leeton. Rice Research Australia
Pty Ltd (RRAPL) established.
1990s
SolRice (Solomon Islands)
acquired extending markets
for Riverina rice. Koshihikari
developed for Japanese
market. Riviana Foods (non -
rice products) acquired.
2000s
Growers vote to change
co-operative structure. Company
registered as Ricegrowers Limited
(trading as SunRice). National
Stock Exchange (NSX) listing
(2007).
2010s
Ricegrowers Singapore Pte Ltd
incorporated to extend markets
and global sourcing capabilities
across Asia. SunRice hits $1 billion
in turnover (FY12). SunRice
acquired SunFoods (US).
Acquisitions of Roza’s Gourmet &
Fehlbergs Fine Foods, Feed Rite’s
Wangaratta, VIC assets and a
rice processing mill in Vietnam.
2019
SunRice lists on the
Australian Securities
Exchange (ASX),
following A & B Class
shareholder vote in
2018.
2020s
Further organic and
strategic growth pursued,
including acquisitions of
KJ&Co; Riverbank
Stockfeeds Leongatha VIC
business, NZ dairy nutrition
business, Pryde’s EasiFeed
and SavourLife.
2025
SunRice achieved
record revenue, with
$1.88 billion in turnover
(FY24). 2030 Growth
Strategy launched.
The NSW Govt.
announces
deregulation of the
single-marketing
export desk (known as
vesting) from
1 July 2025.
From the entrepreneurial spirit of a group of Riverina rice
growers pooling their money to fund a single rice mill in
1950, to the truly global food business we are today, our
journey spans 75 years of innovation.
Leeton and
Coleambally
Mills built.
Sunwhite rice
branded
retail pack
launched.
5
From Grower Co -operative to Global FMCG Player
Paul Serra
6
SunRice Group
CEO
SunRice Group Investor Day – 1 May 2026
7
SunRice Group is a leading global branded rice
food business that brings people together
through delicious and inspiring food.
Our global business model is built on rice:
a universal food and a gateway to tables
worldwide.
Across almost 50 countries, we closely manage
every step from paddock to plate – translating
deep consumer insights into innovative trusted
products through strong vertical integration.
While rice has propelled us internationally, in ANZ
our scale and expertise is driving our expansion
into categories with strong consumer demand:
gourmet and specialty foods, pet foods and
animal nutrition.
Who we are
SUNFOODS
HAWAII, USA
SUNFOODS
CALIFORNIA, USA
ARGENTINA
URUGUAY
ITALY AQABA PROCESSING
COMPANY (APC)
JORDAN
RICEGROWERS
MIDDLE EAST, UAE
PAKISTAN
INDIA
CHINA
THAILAND
CAMBODIA
JAPAN
TAIWAN
RICEGROWERS
VIETNAM
RICEGROWERS
SINGAPORE
TRUKAI INDUSTRIES
PAPUA NEW GUINEA
SOLRICE
SOLOMON ISLANDS
SUNRICE, COPRICE
AGS, RIVIANA FOODS
AUSTRALIA
GLOBAL OFFICES AND ASSETS
SOURCE LOCATIONS
Bringing people together through inspiring and delicious food
SunRice Group Investor Day – 1 May 2026
MARKET CAP
~A$1 billion ~45
brands
~50
global
markets
~12
countries
~60%
of revenue is
generated outside
of Australia
~70%
branded
sales
SOLD IN SOURCED FROM
A leading global branded rice food business
8
SunRice Group Investor Day – 1 May 2026
WHAT SUCCESS LOOKS LIKE
We have grown our
revenue to $3 billion+*
and expanded margin
We have become one of
Australia’s most valuable
food companies
We have created
significant opportunities for
our talented workforce
We have a strong portfolio
of brands, underpinned
by quality and innovation,
which delight our consumers
We have realised value
for our shareholders*
We have continued to drive
sustainable outcomes for
our consumers,
communities and planet
through lower -emissions
rice and a diversified,
resilient and increasingly
traceable supply chain
OUR PURPOSE
With rice at our heart,
we bring people together
through inspiring and
delicious food.
Everyone’s favourite
rice food company
OUR AMBITION
HOW WE BRING THIS TO LIFE
Rice at our heart
Branded vertically integrated
rice products are at our core
Consumer focus
We put our consumers at
the centre of how we think
and the decisions we make
Global mindset
We balance global scale
with local consumer
relevance
2030
Our recipe
For success
* These statements are aspirational targets, not a budget or forecast and assume reasonable macro conditions.
OUR VALUES Integrity Collaboration Community
Innovation
COMMERCIAL STRATEGIES
CORE RICE
Meaningfully grow
ANZ rice business
Significantly expand
Middle East business
Deepen our position
in the US
Maintain a long -term
viable Australian rice
industry
ADJACENT PORTFOLIOS
Build rice -based
snacking
Drive our non-rice
portfolio to its potential
SunRice Group Investor Day – 1 May 2026
10
Value &
Wellbeing
Protein across
the day
Convenience &
Time Pressure
Trust &
Transparency
Flavour
Exploration
OUR PURPOSE
With rice at our heart,
we bring people together
through inspiring and
delicious food.
We are focused on five global food
megatrends
These megatrends are unlocking new opportunities for SunRice Group as
a leading global branded rice food company.
SunRice Group Investor Day – 1 May 2026
Everyone’s favourite
rice food company
OUR AMBITION
By delivering the best outcomes for
our stakeholders
Consumers Customers Growers Communities Investors
11
SunRice Group Investor Day – 1 May 2026
Rice has a combination of attributes that
almost no other food category can match:
• Universal, resilient, multi-generational
• Complex carbohydrates aligned with
wellness trend
• Shelf -stable
• Affordable
Rice at our heart
Branded vertically integrated
rice products are at our core
We uniquely combine consumer centricity
with differentiated vertical integration from
paddock to plate:
• Consumer -first thinking is at the heart of our
product and brand experience providing
unique solutions to consumers
• Value chain that spans the full journey
12
SunRice Group Investor Day – 1 May 2026
13
Our global sourcing capabilities are helping
to de-risk our business from historical single
market exposures:
• We are not dependent on any single
growing region – giving us the supply
security and consistency to supply our
markets regardless of seasonal or climate
variability.
Global mindset
We balance global scale
with local consumer
relevance
We bring deep local consumer insights coupled
with growing global scale to provide
consumers with delicious rice -based meals:
• We empower our in -market teams with the
flexibility to shape their approach around
customers and consumers in those
marketplaces.
SunRice Group Investor Day – 1 May 2026
Over 1.5 million paddy tonnes* of demand, with nearly two -thirds sourced internationally across 12 countries, supporting a
more resilient and scalable global supply base.
1. Estimate as at 23-Mar-2026
* Paddy tonnes equivalent assuming average milling yields based on source country . This figure represents total demand based on
current supply sources and existing market conditions, and potential opportunities given global rice market dynamics.
205
800
963
829
690
244
802
623
417
688
500
618
511
FY11 FY12 FY13 FY14 FY19
FY18 FY20 FY21
FY17 FY22 FY23
FY16 FY24 FY25
FY15 FY26 E1
54 45
1,161
Australian Supply (kT) International Supply
Total Global Potential (kT)
12 SOURCE COUNTRIES
14
A globally diverse sourcing model
Australia Argentina Cambodia China
India Italy Pakistan Taiwan
Thailand USA Uruguay Vietnam
SunRice Group Investor Day – 1 May 2026
15
Consumer focus
We put our consumers at the
centre of how we think and
the decisions we make
We have moved from a commodity mindset
to a consumer mindset.
• This transformation is accelerating as part
of our 2030 Growth Strategy.
We are building world -class capabilities in:
• Brand development
• Product innovation
• Consumer marketing.
SunRice Group Investor Day – 1 May 2026
WHAT SUCCESS LOOKS LIKE
We have grown our
revenue to $3 billion+
and expanded margin
We have become one of
Australia’s most valuable
food companies
We have created
significant opportunities for
our talented workforce
We have a strong portfolio
of brands, underpinned
by quality and innovation,
which delight our consumers
We have realised value
for our shareholders*
We have continued to drive
sustainable outcomes for
our consumers,
communities and planet
through lower -emissions
rice and a diversified,
resilient and increasingly
traceable supply chain
* These statements are aspirational targets, not a budget or forecast and assume reasonable macro conditions.
OUR VALUES Integrity Collaboration Community
Innovation
OUR PURPOSE
With rice at our heart,
we bring people together
through inspiring and
delicious food.
Everyone’s favourite
rice food company
OUR AMBITION
HOW WE BRING THIS TO LIFE
Rice at our heart
Branded vertically integrated
rice products are at our core
Consumer focus
We put our consumers at
the centre of how we think
and the decisions we make
Global mindset
We balance global scale
with local consumer
relevance
2030
Our recipe
For success
COMMERCIAL STRATEGIES
CORE RICE
Meaningfully grow
ANZ rice business
Significantly expand
Middle East business
Deepen our position
in the US
Maintain a long -term
viable Australian rice
industry
ADJACENT PORTFOLIOS
Build rice -based
snacking
Drive our non-rice
portfolio to its potential
SunRice Group Investor Day – 1 May 2026
Always Fresh
17
Bulk Rice and
Animal Feed
New operating segments aligned to markets,
brands and consumers
Consumer Packaged
Goods International
Consumer Packaged Goods
Australia & New Zealand
SunRice Group Investor Day – 1 May 2026
18
SunRice Group
Management
Paul Serra
Group CEO &
Managing Director
Dimitri Courtelis
Group CFO
Belinda Tumbers
CEO, International &
Global Sourcing
Ganesh Kashyap
CEO, Australia and
New Zealand
Kate Cooper
Group General
Counsel & Company
Secretary
Vesna Garnett
Group Chief
People Officer
Emmanuel Armand
General Manager
Strategy, Transformation
and CEO Office
SunRice Group Investor Day – 1 May 2026
Consumer focus
We put our consumers at
the centre of how we think
and the decisions we make
OUR PURPOSE
With rice at our heart,
we bring people together
through inspiring and
delicious food.
Everyone’s favourite
rice food company
OUR AMBITION
HOW WE BRING THIS TO LIFE
Rice at our heart
Branded vertically integrated
rice products are at our core
Consumer focus
We put our consumers at
the centre of how we think
and the decisions we make
Global mindset
We balance global scale
with local consumer
relevance
* These statements are aspirational targets, not a budget or forecast and assume reasonable macro conditions.
2030
Our recipe
For success
OUR VALUES Integrity Collaboration Community
Innovation
WHAT SUCCESS LOOKS LIKE
We have grown our
revenue to $3 billion+*
and expanded margin
We have become one of
Australia’s most valuable
food companies
We have created
significant opportunities for
our talented workforce
We have a strong portfolio
of brands, underpinned
by quality and innovation,
which delight our consumers
We have realised value
for our shareholders*
We have continued to drive
sustainable outcomes for
our consumers,
communities and planet
through lower -emissions
rice and a diversified,
resilient and increasingly
traceable supply chain
COMMERCIAL STRATEGIES
CORE RICE
Meaningfully grow
ANZ rice business
Significantly expand
Middle East business
Deepen our position
in the US
Maintain a long -term
viable Australian rice
industry
ADJACENT PORTFOLIOS
Build rice -based
snacking
Drive our non-rice
portfolio to its potential
A Demonstration of Different Rice Varietals
20
Rice 101
21
Rice is consumed across multiple eating occasions
• Breakfast – porridge, congee, side dish
• Lunch – rice bowl, poke, onigiri, sushi, pilaf
• Dinner – centrepiece dish – risotto, fried rice, paella and side
accompaniment to many dishes
• Snacking – rice cakes, crackers, ready to eat formats
What this means for SunRice
• Broader Total Addressable Market (TAM) than single occasion
food categories
• More frequent eating occasions for our consumers
• Greater scope for innovation, premiumisation and brand
presence
Why this matters
• Long term growth opportunity, not trend -driven
• Supports resilient demand through economic cycles
• Underpins long -term growth opportunities in branded, higher
margin earnings
Rice has a unique
advantage: it spans
meal occasions, ages
and cultures
SunRice Group Investor Day – 1 May 2026
Ganesh Kashyap
22
CEO - ANZ
SunRice Group Investor Day – 1 May 2026
23
Value &
Wellbeing
Protein across
the day
Convenience &
Time Pressure
Trust &
Transparency
Flavour
Exploration
Global Consumer Food Mega trends
Insights driving our product and innovation portfolio
SunRice Group Investor Day – 1 May 2026
ANZ Division
Rice Bakery Pet
Scale to full
potential
Accelerate
growth
Meaningfully
grow
Strategic
Priorities
2030 Goals
Always Fresh
ACCELERATED GROWTH ECONOMIC PROFIT
Our ANZ consumer proposition underpins growth
24
25
www.youtube.com/@sunricefoods
SunRice Group Investor Day – 1 May 2026
“Quick & easy
meals that fuel me
with good carbs”
our occasional
rice consumer
81% of the population 41% of rice volume
Meet
Anna
Source: SunRice Brand Health 2024 | SunRice Rice Insights Audit 2024 | U&A 2024
(SunRice Group Proprietary Research)
Case Study
Protein across
the day
Convenience &
Time Pressure
26
www.youtube.com/watch?v=5e2HPyraxis
SunRice Group Investor Day – 1 May 2026
SunRice mid week meal inspiration
Focusing on rice sides, rice bowls and stir fries
SunRice Group Investor Day – 1 May 2026
29
* Launching in market August 2026
SunRice mid week meal inspiration*
SunRice Group Investor Day – 1 May 2026
19% of the population ~59% of rice volume
our heavy rice
consumers
Arjun
& Priya
Meet
Source: SunRice Brand Health 2024 | SunRice Rice Insights Audit 2024 | U&A 2024
(SunRice Group Proprietary Research)
Case Study
“Daily life is
inseparable from rice.
Eating rice is joy.”
Trust &
Transparency
30
Lunar New Year
Burwood 20 - 22 Mar
Cabramatta 28 Mar 2026
HOLI Festival
Melb 28 Feb / 1 Mar | Syd 7 & 8 Mar
Parramatta 7 Mar 2026
33
SunRice Group Investor Day – 1 May 2026
SunRice Group Investor Day – 1 May 2026
• 1 in 3 Aussies eat pizza weekly
• Consuming ~9kg/person annually
• 15% of households own a pizza oven
• Total AU pizza market $4.6B
• Takeaway & delivery $4.1B
our busy
family
the
Peters
Meet
Source: Mid Week Dinners Study 2023 (SunRice Group Proprietary Research) , Pizza
Statistics in Australia 2025
Case Study
“Pizza brings them
to the table”
Value &
Wellbeing
Flavour
Exploration
34
SunRice Group Investor Day – 1 May 2026
35
Homemade pizza :Great taste, even better value
• QSR/Pizzeria: $15 - $35
• Limited menu options
• Wait time: 30 – 60 mins
• Homemade: $15 (base plus ingredients)
• Fully customisable, no compromises
• Make time: 20 mins (prepare & cook)
Takeaway Homemade
www.youtube.com/watch?v=5QZPwOgSuyI
SunRice Group Investor Day – 1 May 2026
In-store activation and brand presence
SunRice Group Investor Day – 1 May 2026
38
SunRice Group Investor Day – 1 May 2026
• 73% of Aussie households own a pet
• ~7.3m dogs
• ~5.8m cats
• Average pet food spend annually
~$3,300/dog and ~$2,100/cat
• Aussies pet food spend > spend on seafood,
cheese or lamb
Sophie
Meet
our pet parent
Source: SavourLife Brand Health 2025 | Statista 2025 | SavourLife Sales Data 2025
Case Study
“They aren’t just pets
– they’re my family”
Trust &
Transparency
39
SunRice Group Investor Day – 1 May 2026
Sadly, ~2 00,000 cats and dogs enter
rescue shelters and council pounds
each year
Around ~70,000 healthy or treatable
animals are euthanised annually due
to lack of homes
SavourLife has supported the
re-homing of ~100,000 pets
Campaign in market
40
Source: RSPCA Australia; Australian Pet Welfare Foundation, SavourLife Proprietary Data;
Victorian Government; NSW Government
SunRice Group Investor Day – 1 May 2026
A word from our SavourLife team
41
SunRice Group Investor Day – 1 May 2026
Rescue Month activations
42
SunRice Group Investor Day – 1 May 2026
ANZ Division
Rice Bakery Pet
Scale to full
potential
Accelerate
growth
Meaningfully
grow
Strategic
Priorities
2030 Goals
Always Fresh
ACCELERATED GROWTH ECONOMIC PROFIT
Our ANZ consumer proposition underpins growth
43
Belinda Tumbers
44
CEO – International
& Global Sourcing
SunRice Group Investor Day – 1 May 2026
International Division
EMEA North
America
ACCELERATED GROWTH ECONOMIC PROFIT
Grow &
Expand
Double
business
Strategic
Priorities
2030 Goals
Scaling our consumer -led model internationally
45
SunRice Group Investor Day – 1 May 2026
Türkiye
Egypt
Saudi Arabia
Iran
Iraq
Syria
Lebanon
Jordan
Israel Palestinian
Territory
Kuwait
Bahrain
Qatar
UAE
Yemen
Oman
SunRice Existing Markets
Future opportunity markets
Sourcing market
Other ME Markets (no presence)
EMEA
46
SunRice Group Investor Day – 1 May 2026
In store
Execution
EMEA – Marketing Campaigns
Middle East Marketing Campaigns
Ambassador
Gift Box
Social Media Campaign with Influencers
www.youtube.com/watch?v=tCBnrP5 -7xU
SunRice Group Investor Strategy Day – 1 May 2026
KSA & UAE Ready to Heat Launch
SunRice Group Investor Day – 1 May 2026
SunRice Group Investor Day – 1 May 2026
51
North America
Focus on West Coast & Texas
(Initially) along with Asian Distributor
BEFORE LAUNCH
OF PROTEIN+
AFTER LAUNCH
OF PROTEIN+
Nevada
California
Oregon
Washington
Texas
Asian
Distributor
Commodity
Export
Arizona
Colorado
SunRice Group Investor Day – 1 May 2026
52
With disruptive branding & packaging
design, launching unique ready to
heat rice that tastes great!
Launching 4 SKUs across
West Coast & Texas
North America – Protein+ launch plans
After extensive research and planning we are excited about reinventing ready to heat rice for modern consumers
Marketing and Promotional
Plans for launch
SunRice Group Investor Day – 1 May 2026
53
North America – Protein+ launch plans
Showcasing at Canada’s Grocery & Specialty Food West Show
SunRice Protein+ wins Top 10 in Grocery Award
Showcasing at Expo West ‘26
AI Demand Generation Video Placeholder
SunRice Group Investor Day – 1 May 2026
INGEST INPUTS
Demand Space
Consumer demand
white space
Market Data
Market data analysis
Food Trends
Consumer food trends
AI-driven insights
accelerating product
innovation
OUTPUTS & TESTING
Food Prototype
Prototype for consumer
sensory testing
Concept Testing
Quantitative concept testing
Product Ideas
Product idea &
concepts generated
AI
Innovation
Platform
Adopting AI to further enhance an established process
From raw data inputs to validated product concept
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SunRice Group Investor Day – 1 May 2026
57
Global Consumer Food Megatrends
Value &
Wellbeing
Protein across
the day
Convenience &
Time Pressure
Trust &
Transparency
Flavour
Exploration
Insights driving our product and innovation portfolio
SunRice Group Investor Day – 1 May 2026
International Division
EMEA North
America
ACCELERATED GROWTH ECONOMIC PROFIT
Grow &
Expand
Double
business
Strategic
Priorities
2030 Goals
Scaling Our Consumer -Led Model Internationally
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An Interactive Map of our
Sourcing Locations
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Global Sourcing
Dimitri Courtelis
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SunRice Group CFO
SunRice Group Investor Day – 1 May 2026
61
New Operating Segments aligned to
Markets, Brands and Consumers
FY25 Revenue
Consumer Packaged
Goods International
Consumer Packaged Goods
Australia & New Zealand
Bulk Rice &
Animal Feed
Always Fresh
1. Unaudited. New segment view provided for illustrative purposes only
and should be read in conjunction with SunRice’s published
disclosures and financial statements.
$1,851m1 $147.7m1
FY25 EBITDA
40%
43%
17%
4%
51%
44%
SunRice Group Investor Day – 1 May 2026
62
AU Crop and Group Revenue
All years refer to Financial Years ending 30 April.
For the ‘AU Crop’ graph, ‘FY25’ correlates with ‘crop year 24’ or ‘CY24’.
1. Payout ratio inclusive of special dividends. 10 -year average payout ratio of 60%.
2. Dividend yield and Price Earnings ratio based on closing share price as at 30 April each
year. FY22 and FY24 dividends included a 5 cents per B Class Share special dividend.
Over the last
10 financial
years
Revenue ($m) AU Crop (kT)
33 33 33 33 33 33
40
50
60
65
7.9% 7.7% 8.3%
5.1% 6.4% 5.0% 5.8%
8.1% 9.2%
5.9%
FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25
802
FY18
623
FY19
54
FY20
45
FY21
417
FY22
690
FY16 FY23
500
244
FY24
618
FY17 FY25
1,270
1,113 1,177 1,193 1,135 1,026
1,334
1,638
1,880 1,851
688
88.0
61.3
75.9
54.5 45.8
34.6
77.2
83.8
97.5 102.9
4.8x
7.0x
5.3x
11.9x 11.2x
19.0x
8.9x 7.
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