Dole Plc · NYSE:DOLE
Dole — Shareholder Meeting (May 2026)
16 slides from Dole's shareholder meeting presentation, May 20, 2026
Slide 1: AGM Presentation
AGM PRESENTATION May 20, 2026
Slide 2: Dole plc: The Global Leader in Fresh Produce
Dole plc: The Global Leader in Fresh Produce Scale provides customer and supplier opportunities; diverse geographic and product footprint provides resilience 2025 18% DIVERSIFIED AMERICAS SEGMENT 39% REVENUE FRESH FRUIT 43% DIVERSIFIED EMEA 2025 14% DIVERSIFIED AMERICAS SEGMENT ADJUSTED 48% EBITDA 3
Slide 3: An Attractive Sector with Accelerating Structural Tailwinds
An Attractive Sector with Accelerating Structural Tailwinds Health & Wellness mega trend supporting growth; evolving consumer preferences influenced by GLP-1 adoption Perimeter Departments vs Grocery Volume % Chg. (2025 vs 2024) (3) 1.3 1.0 0.7 Global fresh produce Consumers are 58% of the participa
Slide 4: The Dole Difference
The Dole Difference Integrated solutions from source to shelf SHIPPING RIPENING PACKING Best-in-Class Logistical & LOCAL TRUSTED OWN Production Distribution PRODUCTION PARTNERS PRODUCTION and Sourcing Excellence QUALITY MARKETPLACE DISTRIBUTION ASSURANCE OPERATIONS Category OUR ICONIC MARKETPLACE Ma
Slide 5: Sourcing Footprint: Key Products
Sourcing Footprint: Key Products Top 3rd party source country 3rd party source country Multi-continental sourcing model utilizing deep supplier relationships & own sources SWEDEN UK IRELAND POLAND HOLLAND FRANCE CANADA ITALY GREECE SPAIN USA JAPAN MOROCCO EGYPT CHINA MEXICO HONDURAS INDIA COSTA RICA
Slide 6: Diversified Product Portfolio and Routes to Market
Diversified Product Portfolio and Routes to Market Highly diversified product and service offering, reaching a broad customer base in over 85 countries SALES BY CATEGORY * SALES BY SEGMENT Other Vegetables 10% 18% 7% DIVERSIFIED AMERICAS Tomatoes 39% 1% FRESH FRUIT Exotics 2% Bananas 43% Kiwis 40% D
Slide 7: October 2025: Launch of Dole Colada Royale
October 2025: Launch of Dole Colada Royale A game-changing new variety of pineapple; offering a uniquely indulgent taste featuring hints of coconut and piña colada 7
Slide 8: FY'25 Key Developments
FY’25 Key Developments ▪ Strong operating result for the year: Adjusted EBITDA of $395 million ▪ Successfully completed sale of Fresh Vegetables division ▪ Agreement to sell port assets in Ecuador for expected net proceeds of ~$75 million ✓ Competition approval received; expect to complete transacti
Slide 9: FY'25 Key Financial Metrics
FY’25 Key Financial Metrics Strong operating financial profile and balance sheet strength 10,000 400 9,500 392 395 $395M 4.3% $115M 385 380 ADJUSTED ADJUSTED ADJUSTED NET 9,000 EBITDA EBITDA INCOME MARGIN 360 360 $’M 8,500 8,000 9,173 340 8,475 8,245 8,024 $1.20 1.5x 2.3% 7,500 320 ADJUSTED NET LEVE
Slide 10: Disciplined Allocator of Capital
Disciplined Allocator of Capital Investing for growth while maintaining a disciplined approach to capital allocation Net Leverage ROUTINE • Annual routine capital expenditure CAPITAL broadly in line with annual 2.8x EXPENDITURE depreciation charge 2.1x 1.6x 1.5x FY'22 FY'23 FY'24 FY'25 • Allocate ca
Slide 11: Development Investments Update
Development Investments Update Areas of investment focus Own Production & Sourcing Packing, Handling, Ripening ▪ Recent investments alongside ▪ Executing on investments JV partners; increased own across our operations production of bananas and ➢ Chile: Cherry and citrus plantains in Guatemala packin
Slide 12: Q1'26 Review
Q1’26 Review ▪ Solid start to the year: +12% revenue growth Group Results - $’M Q1’26 Q1’25 reflecting positive momentum across the Group Revenue 2,342 2,099 ▪ Adjusted EBITDA of $100M; in line with our Net Income 37.7 44.2 expectations ▪ Strong performance in Diversified Americas and Net Income att
Slide 13: FY'26 Outlook
FY’26 Outlook Outlook as of May 11, 2026 Adjusted EBITDA Routine Capex Interest Expense At least ~ $100M ~$58M $400M Unchanged Unchanged Prior: $60M 13
Slide 14: Dole plc: A Compelling Investment Case
Dole plc: A Compelling Investment Case 1) The global leader in fresh produce; a sector with accelerating tailwinds 2) Highly valuable and strategic asset base 3) Extensive global sourcing network 4) Diversified revenue streams and leadership in important categories 5) Iconic brand with strong consum
Slide 15: Thank You
THANK YOU
Slide 16: Disclaimer
Disclaimer This presentation includes forward-looking statements that reflect Dole looking statements speak only as of the date on which such statements are plc’s current views with respect to future events, financial performance, made, and we do not undertake any obligation to update any forward- e