Ricegrowers Ltd. Class B · ASX:SGLLV
Ricegrowers Ltd. Class B — FY2026 Earnings Presentation
25 slides from Ricegrowers Ltd. Class B's earnings presentation, Jun 25, 2026
Slide 1: 2026 Full Year Results Presentation
2026 Full Year Results Presentation
Slide 2: Important notice & disclaimer
2026 Full Year Results Presentation Important notice & disclaimer This presentation is for information purposes only. This Any person who receives this presentation must seek This presentation should be read in conjunction with other The Board considers that any changes to the Company’s information
Slide 3: Who We Are
2026 Full Year Results Presentation Who We Are SunRice Group is a leading global branded rice food business that brings people together through delicious and inspiring food. An ASX - listed company with sales in close to 50 markets, SunRice combines global scale with local expertise. The Group opera
Slide 4: A leading global branded rice food business
2026 Full Year Results Presentation A leading global branded rice food business SunFoods Italy Spain Ricegrowers Ricegrowers California USA Middle East, Japan SunFoods China UAE Hawaii USA Pakistan Aqaba Processing Taiwan Company (APC) India Ricegrowers Jordan Thailand Vietnam Cambodia Trukai Indust
Slide 5: Everyone's favourite rice food company
2026 Full Year Results Presentation Our Ambition Commercial What Success Strategies Looks Like 2030 Our recipe Everyone’s favourite We have grown our revenue to For success rice food company Core Rice $3 billion+* and expanded margin Meaningfully grow We have become one of ANZ rice business Australi
Slide 6: FY26 Performance
2026 Full Year Results Presentation FY26 FY25 1 FY26 Performance Revenue $1.80b $1.85b ↓2% Maintaining margin and lifting after tax EBITDA 3 ↓ % profitability amid top - line headwinds $143.6m $147.7m Key Highlights EBITDA margin • SunRice Group delivered solid performance in a challenging operating
Slide 7: Progress against 2030 Growth Strategy
2026 Full Year Results Presentation Progress against 2030 Growth Strategy Commercial Strategies Core Rice Adjacent Portfolios Meaningfully grow Significantly expand Deepen our position Maintain a long - term viable Drive our non - rice ANZ rice business Middle East business in the US Australian rice
Slide 8: SunRice continues to diversify its International sourcing footprint
2026 Full Year Results Presentation SunRice continues to diversify its International sourcing footprint Over 1.5 million paddy tonnes* of demand, with nearly two - thirds sourced internationally from more than 12 countries, supporting a more resilient and scalable global supply base. Sourced from mo
Slide 9: SunRice Group's FY26 Sustainability Pillars
2026 Full Year Results Presentation SunRice Group’s SunRice Group’s SunRice Group’s FY26 Sustainability Material Topics Sustainability Pillars Pillars SunRice Group’s approach to sustainability supports long - term value Environmental Topics creation and strengthens business resilience across global
Slide 10: FY26 Segment snapshot
2026 Full Year Results Presentation FY26 Segment snapshot International Consumer Australia and New Zealand Bulk Rice and Corporate Packaged Goods Consumer Packaged Goods Animal Feed This segment earns revenue from the sale This segment earns revenue from the sale This segment earns revenue from the
Slide 11: International Consumer Packaged Goods
2026 Full Year Results Presentation International Consumer FY26 Performance Despite top line pressures, the segment delivered improved profit Packaged Goods margins in FY26, reflecting lower global rice input costs and disciplined operational and cost management. Expanding global reach, FY25 Region
Slide 12: Australia and New Zealand Consumer Packaged Goods
2026 Full Year Results Presentation Australia and New Zealand FY26 Performance Continued strength in Core Rice, Bakery and SavourLife offset by Consumer Packaged Goods softness in other categories in a period of volatile macroeconomic conditions and investment for future growth impacting bottom line
Slide 13: Bulk Rice and Animal Feed
2026 Full Year Results Presentation Bulk Rice and FY26 Performance Animal Feed Improved underlying market conditions have supported revenue and profitability uplift in both Bulk Rice and Animal Feed. Improved market FY25 Category / Metric FY26 FY25 Variance conditions supporting Revenue 4 ↑ % Bulk R
Slide 14: Group Financials
2026 Full Year Results Presentation Group Financials ($m) FY26 FY25 FY24 FY23 Revenue 1,804.6 1,850.6 1,879.5 1,638.0 FY26 Performance EBITDA 143.6 147.7 143.9 117.0 SunRice Group’s FY26 earnings reflect the Group’s EBITDA margin 8.0% 8.0% 7.7% 7.1% focus on strategic growth and strengthening profit
Slide 15: FY26 Group Activity
2026 Full Year Results Presentation Revenue Uplift (Gain) Offset to Revenue (Loss) FY26 Group Activity International Consumer Packaged Goods International Consumer Packaged Goods US: Product innovation and expanded Pacific & Asia: Intensified competition impacting both FY25 - FY26 Revenue Bridge ($m
Slide 16: Capital Management Framework
2026 Full Year Results Presentation Capital Management Management Considerations Framework Optimisation of Cashflows 2030 Strategic Ambition 1 4 Flow Drive Economic Organic Growth (Capex Target: > 75% Debt Management (Target: Overall Leverage Cash Generation 1Organic Return of depreciation p.a.) Rat
Slide 17: Net debt / Gearing
2026 Full Year Results Presentation Net debt / Gearing Core debt / Core Gearing Capital EBITDA ratio EBITDA ratio 2 Management 1.1x 19% - - Net Debt: Reduced to $151m (from $218m at 30 April 2025), supported by $141.8m Net debt 298 operating cash flow —providing significant 291 Core debt headroom to
Slide 18: Positioned to invest through the cycle
2026 Full Year Results Presentation Efficient Use of Capital Positioned to Capital Employed ($m) and ROCE 1 invest through Capital Employed ($m) ROCE (%) 703 848 827 853 809 the cycle 490 15.1% 477 572 564 609 12.7% 13.6% 13.5% ROCE 1 steady at 13.5%: Improving 3x since 9.8% 9.3% FY21 low at 3.9%, r
Slide 19: Strong cash position through the cycle
2026 Full Year Results Presentation Cash through the cycle Free Cash Flow ($m) Strong cash Free Cash Flow and Net Working Capital 1 Net Working Capital ($m) position through 341 479 466 452 399 the cycle 260 303 268 270 59 58 81 74 105 Net Working Capital has scaled with crop 20 8 size rising to a p
Slide 20: SunRice has a proven history of resilience through the cycle
2026 Full Year Results Presentation SunRice has a proven history of resilience through the cycle AU Crop and Group Revenue Dividend (per B Class Share), Yield 1 and Payout Ratio 1 1,880 1,851 1,800 1,638 70 60 65 1,334 1,113 1,177 1,193 1,135 50 Payout 1,026 ratio: 68% 802 688 40 623 500 618 511 33
Slide 21: FY27 Group Outlook
•. 2026 Full Year Results Presentation Looking ahead to FY27, Group Revenue outlook FY27 Group revenue is expected to be slightly Underlying revenue growth is expected across key Outlook below FY26 and Net Profit After Tax is anticipated to be materially lower branded markets in FY27, supported by e
Slide 22: FY27 Group Outlook
2026 Full Year Results Presentation Profitability outlook Balance Sheet and Cash Flow FY27 Group Underlying earnings are expected to continue to grow The Group maintains a strong balance sheet, providing Outlook in FY27, supported by branded revenue growth, operational discipline, and cost saving fl
Slide 23: With rice at our heart, we bring people together
2026 Full Year Results Presentation With rice at our heart, we bring people together through inspiring and delicious food. 23
Slide 24: Appendix – Analyst notes – Segment
2026 Full Year Results Presentation Appendix – Analyst notes – Segment* 2024 2025 2026 Change International Consumer 2024 2025 2026 Change Revenue $000's $000's $000's vs pcp Packaged Goods $000's $000's $000's vs pcp INT Consumer Packaged Goods 807,256 794,998 736,680 - 7.3% Core Rice 800,823 782,7
Slide 25: Full Year Results Presentation
2026 Full Year Results Presentation