Slide 1: Q1-2026 Financial Results
STRAUSS GROUP Q1-2026 Financial Results May 20th 2026
Slide 2: Disclaimer GAAP to Non-GAAP Reconciliations
Disclaimer GAAP to Non-GAAP This presentation does not constitute an offering to purchase or sell securities of Strauss Reconciliations In addition to reporting financial results in accordance with generally accepted Group Ltd. (the “Company”) or an offer for the receipt of such offerings. The accou
Slide 3: Strauss Group Q1-2026 Summary
Strauss Group | Q1-2026 Summary Record high first quarter EBIT of NIS Continued focus on strategy execution 316m, up 68% y-o-y with strong EBIT with Yoki’s acquisition 1 by 3C (50%- margin of 10.5%, reflecting solid owned JV)2 to enable non-R&G profitability in both Coffee Int’l and expansion in Bra
Slide 4: Supporting Our People and Our Communities
SUPPORTING OUR PEOPLE AND OUR COMMUNITIES INTERNAL Support Packages “Check-in” Calls with Online Activities “You Are for Reservists Strauss Retirees for Children Not Alone” 220 NIS Wellbeing Touchpoints Digital Voucher 220NIS Structuring Communication Resilience Kit Across various sites, For reservi
Slide 5: Group Q1-2026 Financial Highlights
Group Q1-2026 Financial Highlights | NIS m; Non-GAAP % change w/o Q1-2026 Q1-2025 % change FX impact3 Net Sales1 3,001 2,990 0.4% 2.5% Gross profit 957 781 22.6% 24.4% Gross Margin 31.9% 26.1% EBIT 316 189 67.9% 71.0% EBIT Margin 10.5% 6.3% Net income2 181 81 126.1% N/A Net Margin 6.0% 2.7% EBITDA 4
Slide 6: Strauss Israel Highlights
Strauss Israel Highlights o©tf/m Highlights ■ Solid sales growth led by volume, mix and pricing T^iptUI ■ Fun and Indulgence - price adjustments, volume growth and business turnaround Q1-26 Performance by division ■ Health & Wellness - volume increase and pricing (Non-GAAP, NIS m) following milk reg
Slide 7: Core Brands New Product Launches
We expanded our core brands with a significant lineup of new product launches in Q1-2026 C RE BRANDS 7
Slide 8: Coffee International Highlights
Coffee International Highlights Highlights Coffee International Q1-2026 ▪ Lower sales following pricing adjustments to lower green performance (Non-GAAP, NIS m) coffee costs in Brazil 3C Brazil Q1-2026 Performance (Non-GAAP, 50%, NIS m) ▪ Record Q1 EBIT driven by successful commercial Net sales stra
Slide 9: Strauss Water Highlights
Strauss Water Highlights Highlights Strauss Water Q1-2026 performance ▪ Sales growth supported by higher install base in (Non-GAAP, NIS m) Israel and improved sales mix +6.4% Net sales ▪ Lower EBIT mainly due to war impact in Israel and 206 220 competition in China Q1-2025 Q1-2026 ▪ China sales grow
Slide 10: Our Strategy – Double Down On The Core
Our Strategy – Double Down On The Core STRONGER BRAZIL COFFEE & BEYOND INTERNATIONAL WATER PLAYER HOME BASE FUTURE READY & RESILIENT 10
Slide 11: Reminder of Long Term Targets
Top-line Growth 5% CAGR 2024-2026 Playbook Expanding Margins 10%-12% EBIT margin in 2026 REMINDER OF Enhancing Cost Structure LONG TERM TARGETS 300-400m NIS by 2026 Productivity Investing In The CAPEX to reach 5%- Future 7% of sales 2024-2026 as published in March 2024 Focusing 85% of total on the C
Slide 12: Financial Results
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Slide 13: Group & Segment Sales Q1-2026
Strauss Group & Segment Sales Q1-2026 | NIS m; Non-GAAP Strauss Group Q1 Sales Bridge: +0.4% % of Q1-2026 Q1-2026 Change Group Segment Sales Sales (NIS m) 63 15 (62) (5) 49% 1,459 Strauss Israel 4.5% 2,990 2,928 3,001 -0.3% Coffee Int'l 44% 1,322 -4.7% Q1-2025 Translation Q1-2025 excl. Strauss Israe
Slide 14: Group EBIT Q1-2026
Strauss Group EBIT Q1-2026 | NIS m; Non-GAAP Strauss Group Q1 EBIT Bridge: +67.9% ▪ Strauss Israel – EBIT growth on all segments led by Fun & Indulgence 77 (9) (3) 10.5% 62 6.3% (3) ▪ Coffee International – Record Q1 316 189 186 profitability following pricing and lower Q1-2025 Translation Q1-2025 S
Slide 15: Group Net Income and Cash Flow Q1-2026
Strauss Group Net Income1 and Cash flow Q1-2026 NIS m; Non-GAAP Strauss Group Q1 Net Income1 bridge: +126.1% ▪ Significant Net Income increase 127 (25) (2) driven by strong EBIT growth and 0 181 lower effective tax rate, partially 81 Q1-2025 EBIT Finance exp. Taxes on Income Non Controlling Q1-2026
Slide 16: Group Net Debt and Net Debt/EBITDA
Strauss Group Net Debt and Net Debt /EBITDA NIS m; Non-GAAP ▪ Net Debt/EBITDA y-o-y improvement due to robust EBITDA 2,966 2,767 growth and lower working capital 2,652 2,354 impact on net debt. 2,223 ▪ GAAP Net Debt as of March 31st 2026 – NIS 2,138m; Net 2.3x 2.4x Debt/EBITDA ratio of 1.6x vs. 1.9x
Slide 17: Strauss Israel
Strauss Israel 17
Slide 18: Strauss Israel Sales Q1-2026
Strauss Israel Sales Q1-2026 | NIS m; Non-GAAP Strauss Israel Q1 Sales Bridge: +4.5% Q1-2026 Q1-2026 Change % of Israel Segment Sales Sales (NIS m) 1,396 33 34 1,459 -4 53% 775 H&W 4.4% 29% 428 F&I 8.5% Q1-2025 H&W F&I - Coffee Israel Q1-2026 Snacks & Confectionery ▪ Health & Wellness – Growth suppo
Slide 19: Strauss Israel & Segments EBIT Q1-2026
Strauss Israel & Segments EBIT Q1-2026 NIS m; Non-GAAP Strauss Israel Q1 EBIT & Margins: ▪ Health & Wellness – Higher EBIT due to higher sales and productivity, Q1-2025 Q1-2026 55.9% partially offset by higher raw 175 material costs and marketing expenses. 113 9.7% 90 8.1% 12.0% 88 11.9% 11.6% 40 41
Slide 20: Coffee International
Coffee International 20
Slide 21: Coffee International Financial Highlights
Strauss Coffee International Financial Highlights | NIS m; Non-GAAP % change w/o Q1-2026 Q1-2025 % change FX impact Net Sales 1,322 1,388 -4.7% -0.3% Gross profit 326 233 40.3% N/A Gross Margin 24.6% 16.7% EBIT 132 55 141.6% 156.4% EBIT Margin 10.0% 3.9% EBITDA 153 76 102.0% N/A EBITDA Margin 11.6%
Slide 22: Coffee International Sales Q1-2026
Strauss Coffee International Sales Q1-2026 | NIS m; Non-GAAP ■ 3C 1 - Sales decline due to pricing and stronger NIS vs BRL, partially offset by non-R&G sales growth ■ CEE2 - Sales grew ~8% YoY, driven by pricing, volume and successful sales execution, in most countries 22 1 3C– Três Corações a joint
Slide 23: Três Corações Alimentos S.A.
Três Corações Alimentos S.A. | GAAP 100%; BRL m Q1-2026 Q1-2025 % change Net Sales 3,092 3,282 -5.8% Gross profit 746 493 51.4% Gross Margin 24.1% 15.0% EBIT 310 96 220.7% EBIT Margin 10.0% 2.9% ■ Profitability sharply improved despite lower prices: Net sales decline reflected passthrough of green c
Slide 24: Strauss Water
Strauss Water 24
Slide 25: Strauss Water Financial Highlights
Strauss Water Financial Highlights | NIS m; Non-GAAP Stiflu^* WATER Q1-2026 Q1-2025 % change Net Sales 220 206 6.4% Gross profit 106 99 6.2% Gross Margin 48.1% 48.2% Q1-2026 Q1-2025 % change EBIT1 17 26 -33.1% Net Sales 498 456 9.2% EBIT Margin 7.8% 12.5% Net 56 62 -9.5% EBITDA1 36 42 -12.2% Income
Slide 26: Thank you
Thank you For further details please contact: Avshalom Shimi Phone: + 972-52-428-3330 IR@Strauss-Group.com www.strauss-group.com 26
Slide 27: Appendix
Appendix ▪ GAAP to Non-GAAP reconciliation ▪ Currencies ▪ Commodities Market Prices 27
Slide 28: GAAP to Non-GAAP Reconciliation Items
GAAP to Non-GAAP Reconciliation Items ▪ Adjustments for IFRS 11 – transition from the equity method in the financial accounting (GAAP) reports to the proportionate consolidation method (according to the segmental information based on the Group’s internal management reports). Strauss Group has a numb
Slide 29: Q1-2026 GAAP and Non-GAAP
Q1-2026 GAAP and Non-GAAP| NIS m GAAP Non-GAAP Q1-2026 Q1-2025 Change Q1-2026 Q1-2025 Change Sales 1,986 1,887 99 3,001 2,990 11 Gross Profit 651 612 39 957 781 176 Gross Margin 32.8% 32.4% 0.4ppt 31.9% 26.1% 5.8ppt Operating Profit 245 190 55 316 189 127 EBITMargin 12.4% 10.1% 2.3ppt 10.5% 6.3% 4.2
Slide 30: Currencies
Currencies Currencies vs. NIS Currencies vs. USD Currency vs. Change Currency vs. Change Q1-2026 Q1-2025 Q1-2026 Q1-2025 NIS vs. LY USD vs. LY USD 3.12 3.61 -13.6% NIS 0.32 0.28 15.7% EUR 3.66 3.80 -3.8% EUR 1.17 1.05 11.3% GBP 4.21 4.55 -7.5% GBP 1.35 1.26 7.0% PLN 0.86 0.90 -4.5% PLN 0.28 0.25 10.
Slide 31: Raw Materials Market Prices
Raw Materials Market Prices 1 Q1-2025 Q1-2026 Category % Change average average Arabica 376 c/lbs c/lbs 317 -16% Robusta 5,436 $/T 3,872 $/T -29% Sugar 525 $/T 419$/T -20% Cocoa 7,697 GBP/T 2,828 GBP/T -63% Sesame 1,669 $/T 1,251 $/T -25% Milk (Israel) 2.40 ILS/L 2.47 ILS/L 3.1% 31 1 Source: Bloombe
Slide 32: Commodities Price Development 2021-2026
Commodities Price Development 2021-2026 ROBUSTA ARABICA COCOA Robusta price, US$/Ton Arabica price, CT$/IB Cocoa price, GBP/Ton 7,000 500 12,000 6,000 450 10,000 400 5,000 +168% 350 +137% 8,000 +90% 300 4,000 6,000 250 3,000 200 299 3,638 4,000 150 3,280 2,000 100 2,000 1,000 50 0 0 - 2021 2022 2023