Glanbia Plc · EURONEXT:GL9

Glanbia — Investor Day (2016)

6 slides from Glanbia's investor day presentation, 2016

1. Slide 1: GPN Financials

   GPN FINANCIALS TJ Kelly, Chief Financial Officer, Glanbia Performance Nutrition

2. Slide 2: GPN: Structural Growth

   GPN: STRUCTURAL GROWTH GPN NET REVENUE €923m €746m €655m €586m €451m 2011 2012 2013 2014 2015 Results stated on an “as reported” basis 2

3. Slide 3: GPN: Margin Progression

   GPN: MARGIN PROGRESSION GPN EBITA margin 14.7% 12.0% 10.7% 10.8% 9.8% 2011 2012 2013 2014 2015 • EBITA margin accretion due to operating leverage, mix benefit, and fluctuations in input costs Results stated on an “as reported” basis 3

4. Slide 4: Financial Management

   FINANCIAL MANAGEMENT Finance function is key enabler of the business Key performance metrics: • Like-for-like branded revenue growth • EBITA progression • Operating cashflow • 12% post tax return in year 3 for strategic investments 4

5. Slide 5: 2016 Outlook

   2016 OUTLOOK • GPN expects good performance in FY2016: ─ Mid single digit branded revenue growth ─ US, EMEA, LAPAC all to deliver growth year-on-year ─ thinkThin performing well and continuing to outpace category ─ Further year-on-year EBITA margin progression ─ Double digit EBITA growth 5

6. Slide 6: How We Win

   HOW WE WIN Leading brands Great talent Driving growth initiatives Global approach Product supply 6

Glanbia — Investor Day (2016) on 6ix