Slide 1: A global leader in food services
COMPASS GROUP A global leader in food services FY25 eerrvviicceess::8866%% 1/ 3 ddss P& L We operate in Fi over 25 Foo Over xe d 1/ 3 Food and Contract 590,000 countries Pr ic e support structures colleagues in North America, services Europe & 1/ 3 Asia-Pacific Support 14% 14% C o s t Pl us services
Slide 2: Significant & expanding market opportunity
Significant & expanding market opportunity Unlocking total addressable market <.15% and first time outsourcing (FTO)... share The global food services market for Compass is estimated to be worth at least $360 billion, of which we have less than 15% market share. Compass By region By sector $bn $bn 2
Slide 3: Resilient & diverse business model
Resilient & diverse business model Attractive long-term shareholder returns Diverse sector portfolio Attractive outsourcing market Investing in future growth • Mostly captive locations • Significant FTO opportunity • Capex • Wide-ranging client base • Emerging sub-sectors • M&A • Largest 10 clients
Slide 4: We operate at a significant discount vs the high street
We operate at a significant discount vs the high street... High quality offer at superior value to the high street Opportunities to improve margin in both regions... Inherent profit growth hedge Higher revenue growth More incremental margin Revenue Margin Revenue Margin Profit growth > revenue growt
Slide 5: Our capital allocation model remains unchanged
Our capital allocation model remains unchanged Invest in business M&A Capex Required returns > cost of capital c.35% of revenue Strong Strong by the end of year two balance sheet balance sheet Investment Investment grade credit grade credit rating rating Target net Target net debt/ debt/ EBITDA 1-1.
Slide 6: Performance
Performance Geographic financials by region FY 2025 ($m) North America International Other 1 Total Revenue 31,417 14,710 46,127 Organic growth 9.1% 7.7% 8.7% Operating profit 2,582 904 (151) 3.335 Margin 8.2% 6.1% 7.2% ROCE 26.1% 15.5% 18.2% FY 2024 ($m) Revenue 28,581 13,595 42,176 Organic growth 1