Slide 1: Del Monte Pacific Ltd. 4Q and Full Year FY2025 Results
Del Monte Pacific Ltd. 4Q and Full Year FY2025 Results 31 July 2025 1
Slide 2: Disclaimer
DISCLAIMER ▪ This presentation may contain statements regarding the business of Del Monte Pacific Limited and its subsidiaries (the “Group”) that are of a forward-looking nature and are therefore based on management’s assumptions about future developments. Such forward-looking statements are typical
Slide 3: Contents
CONTENTS • Background to Discontinued Operations and Deconsolidation • 4Q FY2025 Results (1 February to 30 April 2025) • FY2025 Results (1 May 2024 to 30 April 2025) • Market Updates • Sustainability • Strategic Priorities & Outlook This presentation should be read in conjunction with the press rele
Slide 4: Background to Discontinued Operations and Deconsolidation
BACKGROUND TO DISCONTINUED OPERATIONS AND DECONSOLIDATION Del Monte Pacific Ltd. (DMPL) had made the following announcements about certain subsidiaries related to its U.S. business (U.S. subsidiaries), viz: Del Monte Foods Holdings Limited (DMFHL) which owns Del Monte Foods, Inc. (DMFI), which in tu
Slide 5: Background to Discontinued Operations and Deconsolidation
BACKGROUND TO DISCONTINUED OPERATIONS AND DECONSOLIDATION Considering the board changes and the voluntary Chapter 11 filing of DMFHL that includes a contemplated sale process, the DMPL Board had decided to classify the U.S. operations as discontinued operations, as per IFRS 5 (Non-Current Assets Hel
Slide 6: Strategic Priorities & Outlook
STRATEGIC PRIORITIES & OUTLOOK • The DMPL Group has deconsolidated its U.S. operations effective 1 May 2025, the beginning of FY2026, as per IFRS 10. • As DMPL has not guaranteed any loans of DMFHL or its subsidiaries, the Group does not believe it has liability (contingent or otherwise) with respec
Slide 7: Strategic Priorities & Outlook
STRATEGIC PRIORITIES & OUTLOOK DMPL’s immediate key priorities include: • Philippines: Reinforcing market leadership in beverage, culinary and packaged fruit, launching new products in new segments to broaden consumer base, and expanding growth channels of convenience stores, away from home, drugsto
Slide 8: 4Q FY2025 Results of Continuing Operations (DMPL ex-USA Business)
4Q FY2025 RESULTS OF CONTINUING OPERATIONS (DMPL EX-USA BUSINESS) 4Q 4Q In US$m Chg (%) Comments FY2025 FY2024 Turnover 191.9 182.1 +5.4 Mainly due to higher sales in the Philippines Better sales mix, notably higher sales of S&W Gross profit 57.0 45.5 +25.1 Deluxe fresh pineapple, along with better
Slide 9: FY2025 Results of Continuing Operations (DMPL ex-USA Business)
FY2025 RESULTS OF CONTINUING OPERATIONS (DMPL EX-USA BUSINESS) In US$m FY2025 FY2024 Chg (%) Comments Higher sales in international markets and in the Turnover 789.5 710.8 +11.1 Philippines Higher volume, better sales mix and pricing, and Gross profit 224.0 172.2 +30.1 favorable impact of weaker pes
Slide 10: Market Updates
MARKET UPDATES 10
Slide 11: Continuing Business 4Q FY2025
CONTINUING BUSINESS 4Q FY2025 ▪ Sales of US$191.9m, +5% with Philippine sales of US$72.4m, +8% in peso terms ✓ Continued growth in the Philippines across the beverage, packaged fruit and culinary segments supported by effective brand building, strong trade execution, and stable in-store availability
Slide 12: Philippines Market Shares
PHILIPPINES MARKET SHARES Leadership market shares with notable increase in Beverage Category consumption growing 44.2% +3.6pts 84.3% +7.1pts 94.5% -0.3pt RTD Juices ex foil pouches (#1) Canned Mixed Fruit (#1) Packaged Pineapple (#1) Category: -3.2% Category: -6.2% Category: -8.9% 84.1% -1.3pts 41.
Slide 13: Philippines - Fruits
PHILIPPINES - FRUITS PACKAGED PINEAPPLE NEW PRODUCT Digital placements with Pipelined new Del Monte Halo-Halo Mix, Key Opinion Leader (KOL) jumpstarting its test market launch. support to drive usage in regular dishes. MIXED FRUITS Digital placements pushing usage beyond fruit salad, by featuring re
Slide 14: Philippines - Beverage
PHILIPPINES - BEVERAGE SUMMER: Driving awareness for Del Monte Fruity Zing! Big Brother Summer TVC Refresh with the duo fruits of Fruity Zing! ✓ Summer Refreshing TV ad featuring past Big Brother winners ✓ Big Brother In-Show partnership with chiller and branded games ✓ Mainstream and Digital TV, bo
Slide 15: Philippines - Culinary
PHILIPPINES - CULINARY Push for non-peak consumption of Tomato Sauce and Spaghetti beyond red sauces Affordable tomato sauce recipes New pasta recipes beyond the campaign and recipe challenge with family favorite Filipino-style Spaghetti Del Monte Kitchenomics 15
Slide 16: Philippines: Retail (Supermarkets & Convenience) and Away-From-Home
PHILIPPINES: RETAIL (SUPERMARKETS & CONVENIENCE) AND AWAY-FROM-HOME Sustained momentum in Supermarkets, Convenience Stores driven by increased consumption efforts SUPERMARKETS & CONVENIENCE STORES AWAY-FROM-HOME ▪ Sustained 4Q sales at 2% growth vs prior year both in ▪ On-premise channels continue t
Slide 17: International - Fresh Market Share
INTERNATIONAL - FRESH MARKET SHARE Leading Market Shares for Fresh Pineapple S&W Fresh North Asia Market Share 80% China 71% 70% 60% North Asia 53% 50% 40% Korea 45% 30% Japan 25% 20% 10% 0% CY2021 CY2022 CY2023 CY2024 YTD March CY2025 Japan China Korea North Asia Source: CY2021 – 2023 Imports Data
Slide 18: S&W Fresh
S&W FRESH In China, our partner distributor Goodfarmer hosted an exclusive S&W-Goodfarmer Deluxe Pineapple Spring Festival in Shanghai, set against a backdrop of cherry blossoms. The event drew large crowds of families who enjoyed free tastings, several post-worthy photo location setups and special
Slide 19: S&W Fresh
S&W FRESH S&W held special promotions for S&W Sweet 16 Fresh Pineapple in Korea via our partner distributor Shinsegae. The sampling and promotions, which aim to further boost sales, were conducted in over 150 stores of Traders and E-mart from March to April 2025. 19
Slide 20: S&W Packaged
S&W PACKAGED S&W Japan Limited joins Food and Beverage Great Expo (FABEX) Japan S&W Japan Ltd. participated in FABEX, one of the largest fairs in Japan covering a wide range of food products, services and equipment relating to the food and beverages industry. The event, held from April 15 to 17, was
Slide 21: S&W Beyond Fresh
S&W BEYOND FRESH IQF PINEAPPLES SHOWCASED IN CHINA FOOD INGREDIENTS EXHIBITION S&W IQF Pineapples were showcased by our customer, Run Fa Xiang, during China Food Ingredients Exhibition held in Wuhan on March 28 – 31. Samples of different dishes and drinks featuring the various applications of IQF Pi
Slide 22: Discontinued Operations of USA Business
DISCONTINUED OPERATIONS OF USA BUSINESS Fourth Quarter ▪ The Group’s USA operating subsidiary, Del Monte Foods Corporation II, Inc. (DMFC), subsidiary of Del Monte Foods Inc. (DMFI), achieved sales of US$364.8m, down 12%, due to lower sales from both retail and non-retail categories, primarily from
Slide 23: Sustainability
SUSTAINABILITY Renewable Energy Waste Management Environment Recognitions • The Bugo cannery • DMPI’s Extended • The Del Monte • DMPI Bugo Cannery completed phase 1 of Producer Foundation, in received a Gold its solar power Responsibility (EPR) cooperation with Local Award from the project with a 2.
Slide 24: Strategic Priorities & Outlook
STRATEGIC PRIORITIES & OUTLOOK • The DMPL Group has deconsolidated its U.S. operations effective 1 May 2025, the beginning of FY2026, as per IFRS 10. • As DMPL has not guaranteed any loans of DMFHL or its subsidiaries, the Group does not believe it has liability (contingent or otherwise) with respec
Slide 25: Strategic Priorities & Outlook
STRATEGIC PRIORITIES & OUTLOOK DMPL’s immediate key priorities include: • Philippines: Reinforcing market leadership in beverage, culinary and packaged fruit, launching new products in new segments to broaden consumer base, and expanding growth channels of convenience stores, away from home, drugsto