Rusagro Group · RUS:RAGR

Rusagro — Ros Agro — Q1 2015 Earnings Presentation

22 slides from Rusagro's earnings presentation, May 25, 2015

1. Slide 1: Presentation for Investors Q1 2015

   "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." ROS AGRO PLC Presentation for Investors Q1 2015 25 May 2015

2. Slide 2: Table of contents

   "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Table of contents 1. ROS AGRO PLC – summary key indicators Q1 2015 (IFRS) 2. Business

3. Slide 3: Summary Key indicators (IFRS)

   "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Summary Key indicators (IFRS) Q1 2015 vs. Q1 2014 3

4. Slide 4: Summary key indicators: net revenue, Adjusted EBITDA

   "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Summary key indicators (IFRS) Net revenue, Adjusted EBITDA (Actual Q1 2015 vs Actual Q

5. Slide 5: Summary key indicators: Debt profile

   "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Summary key indicators (IFRS) Debt profile (as of 31 March 2015) Comments • Gross debt

6. Slide 6: Summary Key indicators: Cash Flows

   "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Summary Key indicators (IFRS) Cash Flows (Actual Q1 2015 vs Actual Q1 2014) Comments I

7. Slide 7: Business Overview by division (IFRS)

   "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Business Overview by division (IFRS) Q1 2015 vs. Q1 2014 7

8. Slide 8: Sugar: Key indicators Q1 2015 vs Q1 2014

   "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Sugar Key indicators Actual Q1 2015 vs Actual Q1 2014 (IFRS) Comments Sugar: sales, Ad

9. Slide 9: Meat: Key indicators Q1 2015 vs Q1 2014

   "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Meat Key indicators Actual Q1 2015 vs Actual Q1 2014 (IFRS) Comments Meat: sales, Adju

10. Slide 10: Agriculture: Key indicators Q1 2015 vs Q1 2014

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Agriculture Key indicators Actual Q1 2015 vs Actual Q1 2014 (IFRS) Comments Agricultur

11. Slide 11: Oil & Fats: Key indicators Q1 2015 vs Q1 2014

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Oil & Fats Key indicators Actual Q1 2015 vs Actual Q1 2014 (IFRS) Comments Sales (RR -

12. Slide 12: Far East: Key indicators Q1 2015

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Far East Key indicators Actual Q1 2015 (IFRS) Comments In the beginning of February 20

13. Slide 13: Additional information

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Additional information 13

14. Slide 14: Statement of Comprehensive income (IFRS)

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of Comprehensive income (IFRS) ROS AGRO PLC Statement of Comprehensive incom

15. Slide 15: Adjusted EBITDA Q1 2015 (IFRS)

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Adjusted EBITDA Q1 2015 (IFRS) ROS AGRO PLC Breakdown by divisions RR m illion Q1 2015

16. Slide 16: Adjusted EBITDA Q1 2014 (IFRS)

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Adjusted EBITDA Q1 2014 (IFRS) ROS AGRO PLC Breakdown by divisions RR m illion Q1 2014

17. Slide 17: Statement of cash flows (IFRS)

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of cash flows (IFRS) ROS AGRO PLC m ln. rur Actual Actual Variances Q1 2015

18. Slide 18: Statement of cash flows (IFRS) - continuance

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of cash flows (IFRS) - continuance ROS AGRO PLC m ln. rur Actual Actual Vari

19. Slide 19: Statement of cash flows according to Management view

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of cash flows according to Management view (Not IFRS presentation) ROS AGRO

20. Slide 20: Statement of cash flows, Management view - continuance

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of cash flows according to Management view (Not IFRS presentation) - continu

21. Slide 21: Statement of financial positions (IFRS)

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of financial positions (IFRS) ROS AGRO PLC Statem ent of financial positions

22. Slide 22: Statement of financial positions (IFRS) - continuance

    "NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of financial positions (IFRS) - continuance ROS AGRO PLC RR m illion V arian

Ros Agro — Q1 2015 Earnings Presentation on 6ix