Slide 1: Results Presentation First Quarter FY2027
RESULTS PRESENTATION FIRST QUARTER FY2027 August 7, 2026
Slide 2: Caution Regarding Forward-Looking Information
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 Caution Regarding Forward-Looking Information This presentation and accompanying oral presentation contains statements which are forward-looking statements within the meaning of applicable securities laws. These forward-looking statements inclu
Slide 3: Carl Colizza, President and CEO
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 Carl Colizza PRESIDENT AND CEO 3
Slide 4: Broad-Based Momentum Across the Business
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 Broad-Based Momentum Across the Business HIGHLIGHTS - FIRST QUARTER ENDED JUNE 30, 2026 CANADA USA I N T E R N AT I O N A L 1 EUROPE • Solid demand-driven growth. • Strong sales volumes and higher- • Robust performance in Australia. • Focused b
Slide 5: Investments Translating into Higher-Quality Earnings
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 Investments Translating into Higher-Quality Earnings TARGETING HIGH-VALUE PLATFORMS WHERE WE CAN LEAD CAPACITY & NETWORK HIGHER-VALUE STRUCTURAL BETTER INVESTMENTS PLATFORMS MARKET PULL EARNINGS QUALITY • Expanded capacity • Protein-rich dairy
Slide 6: Sharpening the Portfolio, Preserving Growth Optionality
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 Sharpening the Portfolio, Preserving Growth Optionality F O C U S E D P O R T F O L I O . S T R O N G E R F L E X I B I L I T Y. D I S C I P L I N E D G R O W T H . • Argentina sale closed to focus on higher-return assets FOCUS • Danone Saputo
Slide 7: Maxime Therrien, CPA, Chief Financial Officer
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 Maxime Therrien, CPA CHIEF FINANCIAL OFFICER AND SECRETARY 7
Slide 8: Solid Quarter-End Consolidated Results from Continuing Operations
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 Solid Quarter-End Consolidated Results from Continuing Operations1 FIRST QUARTER ENDED JUNE 30, 2026 $4.421B $427M ADJUSTED REVENUES EBITDA2 +1.5% vs. Q1-FY26 +7.6% vs. Q1-FY26 ADJUSTED NET $183M $199M NET EARNINGS EARNINGS2 +$26M vs. Q1-FY26 +
Slide 9: Canada Sector
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 HIGHLIGHTS BY SECTOR Canada Sector FOR THE FIRST QUARTER ENDED JUNE 30, 2026 CANADA SECTOR Q1-FY27 vs.Q1-FY26 • Higher sales volumes driven by commercial execution and strong demand for high-protein offerings. • Favourable product mix and highe
Slide 10: USA Sector
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 HIGHLIGHTS BY SECTOR USA Sector FOR THE FIRST QUARTER ENDED JUNE 30, 2026 USA SECTOR • Benefits from recent investments to expand capacity and upgrade our production capabilities, which increased our ability to meet Q1-FY27 vs.Q1-FY26 demand fo
Slide 11: International and Europe Sectors
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 HIGHLIGHTS BY SECTOR International1 and Europe Sectors FOR THE FIRST QUARTER ENDED JUNE 30, 2026 INTERNATIONAL SECTOR1 • Favourable product mix, reflecting the impact of our portfolio optimization strategy. Q1-FY27 vs.Q1-FY26 • Higher internati
Slide 12: Carl Colizza, President and CEO
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 Carl Colizza PRESIDENT AND CEO 12
Slide 13: A Stronger Platform for Long-Term Growth
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 A Stronger Platform for Long-Term Growth STRATEGIC PRIORITIES TO DRIVE SUSTAINABLE, PROFITABLE GROWTH STRUCTURAL FOCUSED IMPROVED DISCIPLINED CAPITAL STRONGER DEMAND PORTFOLIO FLEXIBILITY ALLOCATION FOUNDATION Capturing growing global Concentra
Slide 14: Appendix
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 APPENDIX 14
Slide 15: Quarterly Financial Information by Sector
R E S U L T S P R E S E N T A T I O N | Q 1 F Y 2 0 2 7 Quarterly Financial Information by Sector FIRST QUARTER ENDED JUNE 30, 2026 Fiscal years 2027 2026 20252 (in millions of CDN dollars) Q1 Q4 Q32 Q22 Q12 Q4 Q3 Q2 CONTINUING OPERATIONS Revenues Canada 1,397 1,313 1,416 1,373 1,321 1,258 1,359 1,2
Slide 16: Investor Relations
INVESTOR RELATIONS Nicholas Estrela SENIOR DIRECTOR, INVESTOR RELATIONS nicholas.estrela@saputo.com 514-328-3117 Saputo Inc. www.saputo.com 1000 de la Gauchetière Street West, Suite 2900 Montréal, QC Canada H3B 4W5