Announcement PDF Draft 2026 Half Year Results Presentation Rice at our heart Shaping our future with 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 adopted 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 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Important notice & disclaimer Celebrating 75 Years of Australian Heritage and Global Growth 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART With rice at our heart, we bring people together through inspiring and delicious food. 3 3 1,500+ products 45 major brands ~50 countries ~60% of revenue is generated outside of Australia ~70% branded sales 2,400+ employees 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART A global food business 4 SOURCE LOCATIONS GLOBAL OFFICES AND ASSETS SUNFOODS HAWAII, USA SUNFOODS CALIFORNIA, USA ARGENTINA ITALY AQABA PROCESSING COMPANY JORDAN RICEGROWERS MIDDLE EAST, UAE PAKISTAN INDIA CHINA THAILAND CAMBODIA RICEGROWERS JAPAN TAIWAN RICEGROWERS VIETNAM RICEGROWERS SINGAPORE TRUKAI INDUSTRIES PAPUA NEW GUINEA SOLRICE SOLOMON ISLANDS SUNRICE AUSTRALIA RICEGROWERS NEW ZEALAND 1H FY26 Performance 1 Strengthening margins and advancing strategic growth Key Highlights: • SunRice Group delivered solid earnings growth in 1H FY26 despite pressure at the top line, achieving EBITDA of $71.3m and NPAT of $36.6m, up 5% and 14% respectively vs PCP • Inclusion in the S&P/ASX 300 Index • Total Shareholder Return (TSR): 63.3% vs ASX 300 Accumulation Index TSR of 11.4% 2 5 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Revenue $884 m 3% EBITDA $71.3m^ 5% Net Profit After Tax $36.6m ^ 14% Fully franked interim dividend 4 $912m $67.9m 1H FY25 1H FY26 $31.9 m Diluted Earnings Per B Class Share 3 53.3¢ ^ 14% 46.6¢ per B Class Share 20 ¢ ^33% 15¢ per B Class Share 1. ‘1H FY26’ refers to the period ended 31-Oct -25. In this presentation, 'Crop Year 2025' or ‘CY25' refer to the rice crop harvested in 2025 but processed and marketed in FY26. 2. Investment period COB 30 -Apr to COB 31 -Oct -25, TSR considers movement in B Class Share price and dividends paid, and assumes all dividends are reinvested on the dividend ex -date. 3. Refer definition on Diluted Earnings on p6. 4. The interim dividend has been increased from 15 cents in FY25 to 20 cents per B Class Share to achieve a more balanced allocation between the interim and any potential final dividend. ^ EBITDA margin 8.1%^62bps 7.4% Key Drivers of Performance: • Revenue from priority markets (Middle East, US) • Strong brand growth and innovation (Toscano, SavourLife) • Expanded distribution • Cost and operational efficiencies Key Challenges: • Revenue decline in Pacific markets and FX pressures • Lower tender volumes • Evolving ANZ consumer habits • Restructuring costs associated with 2030 Growth Strategy 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Group Financials 1. Diluted earnings per B Class Share is calculated by dividing profit for the period attributable to B Class shareholders of th e company by the weighted average number of additional B Class Shares that would have been outstanding assuming the conversion of all dilutive potentia l B Class Shares. ($’000s) 1H26 1H25 1H24 vs PCP Revenue from continuing operations 884.2 912.5 918.8 3% EBITDA 71.3 67.9 63.3 ^5% EBITDA margin 8.1% 7.4% 6.9% 62bps Depreciation, amortisation & impairment (15.9) (15.2) (14.0) EBIT 55.4 52.7 49.3 ^5% Net finance costs (8.2) (8.3) (9.6) Tax (10.6) (12.5) (9.1) NPAT 36.6 31.9 30.6 ^14% Profit attributable to B Class Shareholders 35.9 31.3 30.0 ^15% Diluted EPS (cents per B Class Share) 1 53.3 46.6 45.8 ^14% 1H FY26 Performance The SunRice Group’s strong earnings were underpinned by disciplined cost management and operational efficiencies, despite revenue softening • EBITDA: $71.3m ( ↑ 5% vs 1H FY25) • NPAT: $36.6m (↑ 14% vs 1H FY25) • EBITDA Margin: 8.1% (vs 7.4% in 1H FY25) • Operating cash inflow: $80.2m, reflecting strong earnings and improved working capital management • Investing cash outflow: $14.1m largely driven by a mix of capital expenditure to maintain core assets and strategic capital expenditure ^ 6 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART OUR PURPOSE With rice at our heart, we bring people together through inspiring and delicious food. OUR VISION We grow, source and craft, with enduring care for our people, communities and environment, quality food that brings authentic flavour and convenience… wherever our travels take us. Everyone’s favourite rice food company OUR AMBITION HOW WE BRING THIS TO LIFE 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 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 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 * These statements are aspirational targets, not a budget or forecast and assume reasonable macro conditions. 2030 Our recipe for success 7 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Paul Serra Group CEO & Managing Director Dimitri Courtelis Group CFO Belinda Tumbers CEO, International & Global Sourcing Ganesh Kashyap CEO, Australia and New Zealand 8 SunRice Group Management In May 2025, the Group transitioned to a new divisional structure and reshaped its management team to align with strategic priorities and market proximity. These changes better position us for 75 more years of growth and open new possibilities for the SunRice Group. Kate Cooper Group General Counsel & Company Secretary Vesna Garnett Group Chief People Officer Emmanuel Armand General Manager Strategy, Transformation and CEO Office Divisional Structure 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Consumer Packaged Goods International Consumer Packaged Goods Australia & New Zealand Bulk Rice and Animal Feed This segment generates external revenue from the sale of branded rice and rice-based products, manufactured by the Group or sourced from third- party producers, to retail, foodservice, and other industrial customers in global markets, mainly the US, MiddleEast, Pacific, and Asia, outside Australia and New Zealand . This segment earns external revenue from the sale of branded rice and rice-based products, other grocery food items, and branded companion animal nutrition products— manufactured by the Group or sourced from third-party producers— to retail,foodservice, and other industrialcustomers in Australia and New Zealand . This segment derives external revenue from bulk sales of unbranded rice manufactured by the Group to government customers in global markets, primarily in Asia. It also includes revenue from branded and unbranded bulk animal feed sold to agricultural customers in Australia and New Zealand . Always Fresh 9 10 First half FY26 Segment snapshot 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Consumer Packaged Goods International Consumer Packaged Goods Australia & New Zealand Bulk Rice and Animal Feed Corporate 1H FY25 1H FY26 1H FY25 1H FY26 1H FY25 1H FY26 1H FY25 1H FY26 Revenue $381m $355m $375m $375m $155m $153m - - EBITDA $41m $36m $33m $32m $2.8m $8.4m ($8.6m) ($5.7m) EBITDA margin 10.7% 10.3% 8.8% 8.6% 1.8% 5.5% NPBT $31m $27m $24m $23m ($0.1m) $5.4m ($10.7m) ($8.2m) As a result of the organisational restructure, that took effect on 1 May 2025, the reportable segments have been reviewed and updated as set out below (and comparative information in this presentation has been restated to align with the new segments). 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART International Consumer Packaged Goods 11 Expanding global reach, strengthening supply chains and demonstrating strategic resilience 1H FY26 Performance The segment delivered revenue growth in key strategic areas, maintaining strong margins despite overall revenue decline from Pacific challenges; branded products made up ~85% of sales. • Middle East & US Growth: Premium Sunwhite Basmati launch and new distributors boosted Middle East sales; expanded Hinode distribution drove category share gains in the US. • Market Tailwinds: Lower US rice costs and normalised global rice prices after India lifted its non -Basmati export ban supported margins. • Efficiency Gains: Freight, supply chain, and cost improvements enhanced operational performance. • PNG Disruption: GST changes disrupted volumes early in 1H; recovery underway but full normalisation expected by year -end. • Competitive Pressure: Pacific markets saw intensified competition and discounting, prompting a rebasing strategy aimed at future profitability. • FX Headwinds: PGK depreciation increased import costs in PNG. • Strategic Costs: Upfront investment for the 2030 Growth Strategy, including higher advertising in the Middle East. $355 m 7% ^ Revenue 1H FY25 $381m 1H FY26 $36 m $27m 10% 13% ^ ^ $41m $31m EBITDA Net Profit before Tax 10.3% 10.7% EBITDA margin Region / Metric 1H26 Contribution to Revenue 1H25 Europe, Middle East and Africa 122,285 34% 113,658 Pacific & Asia 186,723 53% 225,225 North America 46,120 13% 42,090 Total Revenue 355,128 380,973 EBITDA 36,477 40,582 EBITDA Margin 10.3% 10.7% NPBT 27,267 31,434 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Australia & NZ Consumer Packaged Goods Building brand leadership and accelerating innovation for future growth. $375 m -% Revenue 1H FY25 $375m 1H FY26 $32 m $23 m 3% 5% ^ ^ $33 m $24 m EBITDA Net Profit before Tax 8.6% 8.8% EBITDA margin 1H FY26 Performance Despite a slight decline at the bottom line versus the prior period, the segment delivered a solid result, focusing on flagship brands and restructuring for future growth. More than 85% of sales during the period were branded. • Bakery Growth: Toscano performed strongly, supported by range expansion (Italian flatbreads, brioche buns, desserts) and marketing initiatives. • SavourLife Contribution: Delivery of its first full six -month impact post- acquisition, continuing to resonate with consumers. • Competitive Pressure: Increased discounting due to consumer shift toward lower-priced options in rice, microwave rice, condiments and early signs of slowdown in the pet sector. • Operational Issues: Temporary supply constraints from new packing equipment commissioning and equine feed plant challenges. • FX Headwinds: Weak AUD against USD/EUR raised import costs; mitigation via pricing and cost savings expected later in FY26. • Strategic Costs: Investment in 2030 Growth Strategy, including major campaigns (‘SunRice Baby!’ and ‘Together, We Eat’) and talent acquisition. 12 Region / Metric 1H26 Contribution to Revenue 1H25 Rice 116,918 31% 119,454 Rice Foods & Ingredients 61,377 16% 62,560 Bakery 47,058 13% 41,856 Condiments 32,775 9% 33,345 Pet & Equine 76,317 20% 75,248 Other categories 40,160 11% 42,087 Total Revenue 374,605 374,550 EBITDA 32,092 33,101 EBITDA % 8.6% 8.8% NPBT 22,712 23,818 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Bulk Rice and Animal Feed Unlocking value through feed expansion and optimising rice trade. $153m 2% Revenue 1H FY25 $155m 1H FY26 $8.4 m $5.4 m 205% ^ $2.8m ($0.1m) EBITDA Net Profit before Tax ^ 5.5% 1.8% EBITDA margin 1H FY26 Performance In line with Group's strategic shift toward higher -margin branded activities, this segment delivered. a strong improvement in profitability despite lower global rice tender volumes. • Animal Feed Growth :Increased demand and onboarding of new customers in Australia and New Zealand. • Tender Price Recovery :Global rice tender prices rebounded, supporting returns. • Sourcing Advantage :Lower US rice costs and a more favourable sourcing mix boosted margins. Lower tender volumes were partly due to timing and reduced mill -out rates of the Australian crop, limiting trading opportunities. 13 Region / Metric 1H26 Contribution to Revenue 1H25 Rice 94,606 62% 103,995 Animal feed 58,003 38% 51,153 Total Revenue 152,609 155,148 EBITDA 8,427 2,764 EBITDA % 5.5% 1.8% NPBT 5,362 (130) 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Capital Management Framework 14 1. Organic Growth (Capex Target: > 75% of depreciation p.a.) Invest in capex (sustaining capex & growth capex), branding & promotion, product development, new locations and operational efficiencies 2. Inorganic Growth Invest in merger & acquisitions, new locations, strategic alliances, and joint ventures 3. Auxiliary Investments Invest in health, safety, environmental, sustainability, and people and culture 4. Debt Management (Target: Overall Leverage Ratio 2.0x to 3.0x & Overall Gearing Ratio 30% to 40% ) Maintaining a flexible and resilient balance sheet to support the 2030 Strategy 5. Shareholder Returns (Target: Dividend Payout Ratio 50% to 60% ) Return strong and consistent (to the extent possible) levels of dividends These targets and principles are intended to provide a general guide for SunRice Group’s financial stewardship. SunRice may consider operating outside of the proposed targets if, following assessment, the circumstances justify it, and the Group’s long -term risk management profile is not adversely impacted. OBJECTIVE Maximise Value For Investors 2030 Strategic Ambition Drive Economic Return Disciplined Allocation of Capital Reliability Through the Cycle Margin Improvement Consider Water Availability Risk Management Balance Sheet Flexibility Strong & Consistent Dividends Maximise Total Shareholder Return Optimisation of Cashflows FLOW Cash Generation Management Considerations 1. Organic Growth 2. Inorganic Growth 3. Auxiliary Investment 4. Debt Management 5. Shareholder Return 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART 15 1. Net debt / R12 EBITDA 2. Rolling 12-month EBITDA, which was $151m for the 12 months to October 2025 3. Core debt / Core debt + Equity Net debt / R12EBITDA 2 1.1x Core debt / R12 EBITDA 2 - 20% Core Gearing ratio3 - Gearing ratio Net Debt ($m) Core debt Seasonal debt (net of cash and incl. overdrafts and lease liabilities) Capital Management Investment: $11.8m in capital expenditure focused on maintaining core assets (down from prior period due to offsetting divestment proceeds). Net Debt: Reduced to $ 169m (from $218mat 30 April 2025). Gearing: Improved to 20% (from 26%). Leverage Ratio: Decreased to 1.1x.1 ROCE: Increased to 14.4% (vs 13.6% at 30 April 2025). Balance Sheet Flexibility: Maintained strong headroom for covenants and sufficient undrawn facilities to support operating activities and potential acquisitions. 46 46 74 40 72 81 70 66 224 202 218 169 37 38 74 94 126 217 221 175 Apr-20 Oct-20 Apr-21 Oct-21 Apr-22 Oct-22 Apr-23 Oct-23 Apr-24 Oct-24 Apr-25 Oct-25 83 84 148 134 198 298 291 241 16 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Group reaffirms expected growth at top and bottom line for FY26 A number of factors are expected to support the Group’s full year FY26 performance, including: • The strength of the Group’s brands and a pipeline of innovation across both the International and ANZ Consumer Packaged Goods segments; • Targeted expansion plans into new product categories and markets, particularly in the Middle East with a redesigned portfolio of key partners in the region; • Ongoing recovery in global rice tender pricing and lower global rice sourcing costs; • Continued growth in our Animal Feed business and a recovery from temporary trading impacts in PNG following the legislative change to the application of GST at the beginning of the current year; and • Cost and operational efficiency plans across the Group. However, some of the challenges that impacted the first half are expected to continue, with the potential to moderate the Group’s full year growth. These include: • Ongoing competition across several key markets in the Pacific and certain ANZ categories; • Prolonged weakness of the AUD and PGK currencies, affecting the cost of imported products into Australia and PNG respectively; and • Other inflationary pressures on costs and evolving consumer spending habits. The need to preserve Australian paddy for premium markets in light ofthe upcoming drier season is also expected to add to these pressures. There also continues to be a heightened level of uncertainty around the impact that US policies may have on global trade flows and economies, as well as ongoing geopolitical instability, particularly with the conflicts in Europe and the Middle East, which may impact the ability to trade as planned. Outlook for the remainder of FY26 17 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Balancing Premium Market Focus with Growth Investments for FY26 • As shared in our FY25 Annual Report, at ~511,000 tonnes, the CY25 Riverina crop is supporting both a full milling program and branded sales in premium markets in FY26. The recovery in global tender pricing, freight cost efficiencies and a well -hedged position against the USD are also benefiting the CY25 paddy returns. • However, the persistent low whole grain mill out rates that impacted the CY24 crop remain a significant issue for CY25, weighing on paddy returns. The need to preserve paddy for premium markets given the upcoming drier season is also likely to moderate the revenue growth year on year. • As a result, the Group today updated the CY25 Paddy Price range for Riverina rice growers from $380 –$450 to $385 –$420 per tonne for medium grain rice. PROFIT BUSINESS CY25 Paddy Price Update CY25 Paddy Price range revised to $385 –$420 per tonne 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART • Looking ahead to Australia’s next rice crop, a substantially lower -than-average production year is anticipated in the Riverina in CY26 / FY27 given the upcoming drier conditions. • Regardless of the final CY26 / FY27 crop size, the SunRice Group willenter the FY27 year with carry -over inventory volume from CY25 / FY26. • As shown over the last 5 years, SunRice continues to diversify its global supply chain and now sources the majority of its rice outside of Australian grown rice, under a multi-sourced, multi-market model. These diversified sourcing options give the Group confidence in its ability to supply the SunRice Group’s global branded markets with quality rice, regardless of any singular weather or crop event (including in Australia). These global sourcing options also give the Group the ability to help absorb cost under recoveries in the Riverina, should they arise. • The Group is currently working through its sourcing plans for next year. Further updates will be provided as we approach FY27. • The Group remains confident in its ability to execute against its 2030 strategy and the value it is expected to create for its shareholders. 18 FY27 Outlook (CY26 Crop) 19 Our Purpose, Vision and Ambition Our Purpose Our Ambition Our Vision Ultimately, in delivering on our purpose, we want to be regarded as: Everyone’s favourite rice food company. Our purpose is at the heart of who we are as an organisation. It outlines why we exist and why the work we all do, every day, matters. With rice at our heart, we bring people together through inspiring and delicious food. While our purpose outlines the ‘why’, our brand proposition outlines the ‘what’: what we’re setting out to do, to deliver value to our audiences. We grow, source and craft with enduring care for our people, communities and environment, quality food that brings authentic flavour and convenience… wherever our travels take us. 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART 20 With rice at our heart, we bring people together through inspiring and delicious food. 21 1H FY26 PERFORMANCE – SHAPING OUR FUTURE WITH RICE AT OUR HEART Restated Historical Financials* * For further details, refer to the notes accompanying this presentation and the most recent financial reports available at inv estors.sunrice.com.au. This information is provided for information purposes only and should be read in conjunction with SunRi ce’s published disclosures and financial statements. Following the organisational restructure that took effect on 1 May 2025, the tables below restate historical financials for t he SunRice Group. These figures provide important context for understanding our performance trends and support informed decision -making for our stakeholders. Please not e that historical financials for 30 April 2025 and 30 April 2024 are unaudited and have been restated to align with the Group’s updated segment structure and reporting practices. 31 October 2025 Consumer Packaged Goods INT Consumer Packaged Goods ANZ Bulk Rice and Animal Feed Corporate Total $000's $000's $000's $000's $000's External sales revenue 355,128 374,605 152,609 - 882,342 Other revenue - - - - 1,896 Revenue from continuing operations 884,238 EBITDA 36,477 32,092 8,427 (5,712) 71,284 Depreciation, amortisation and impairment (6,090) (6,092) (1,997) (1,743) (15,922) Net finance cost (3,120) (3,288) (1,068) (713) (8,189) Profit before income tax 27,267 22,712 5,362 (8,168) 47,173 Income tax expense (10,620) Profit for the half year 36,553 31 October 2024 $000's $000's $000's $000's $000's External sales revenue 380,973 374,550 155,148 - 910,671 Other revenue - - - - 1,797 Revenue from continuing operations 912,468 EBITDA 40,582 33,101 2,764 (8,564) 67,883 Depreciation, amortisation and impairment (5,671) (6,021) (1,887) (1,591) (15,170) Net finance cost (3,477) (3,262) (1,007) (536) (8,282) Profit before income tax 31,434 23,818 (130) (10,691) 44,431 Income tax expense (12,506) Profit for the half year 31,925 30 April 2025 Consumer Packaged Goods INT Consumer Packaged Goods ANZ Bulk Rice and Animal Feed Corporate Total $000's $000's $000's $000's $000's External sales revenue 795,324 734,044 315,245 - 1,844,613 Other revenue - - - - 6,017 Revenue from continuing operations 1,850,630 EBITDA 84,859 72,434 7,212 (16,807) 147,698 Depreciation, amortisation and impairment (11,959) (11,714) (3,959) (4,161) (31,793) Net finance cost (7,362) (6,504) (3,351) (1,057) (18,274) Profit before income tax 65,538 54,216 (98) (22,025) 97,631 Income tax expense (26,912) Profit for the half year 70,719 30 April 2024 $000's $000's $000's $000's $000's External sales revenue 807,256 698,951 367,963 - 1,874,170 Other revenue - - - - 5,364 Revenue from continuing operations 1,879,534 EBITDA 81,413 57,642 16,132 (11,286) 143,901 Depreciation, amortisation and impairment (11,490) (10,369) (4,119) (12,851) (38,829) Net finance cost (7,620) (6,528) (3,443) (749) (18,340) Profit before income tax 62,303 40,745 8