Bid Corporation Limited · JSE:BID

Bid — Investor Presentation (October 2015)

23 slides from Bid's investor presentation, October 2015

1. Slide 1: Investor Presentation: South America

   Investor Presentation London, October 2015 South America

2. Slide 2: South America

   South America • Great Potential • Large population • A culture of eating out • Fragmented market • Politically and economically volatile

3. Slide 3: Chile

   Chile

4. Slide 4: Bidvest Chile

   Bidvest Chile Bidvest Chile now has a strong business foundation. A growth strategy has commenced focusing on geographic expansion and product range extension. 2015 Result Sales Trading Profit EBIT 4%

5. Slide 5: Market Characteristics

   Market Characteristics • Country • GDP 2.2% • Inflation 4.6% • Interest Rate 3.0% • Population 18 million • Size 756, 000 km²

6. Slide 6: Bidvest

   Bidvest

7. Slide 7: Market Characteristics

   Market Characteristics • Foodservice Industry • Market size $US 2.3b • Very fragmented • Specialised • Manufacturer direct supply • Santiago share of market 65%

8. Slide 8: Key Facts

   Key Facts • Started 2011 • 2 acquisitions • 2 foodservice locations • 1 bakery • 100 staff • 900 products • 1,100 customers

9. Slide 9: Bidvest

   Bidvest

10. Slide 10: Sales Performance

    Ea Bidvest Sales Performance

11. Slide 11: Current Areas of Focus

    Current Areas of Focus • New Santiago DC

12. Slide 12: Current Areas of Focus

    Current Areas of Focus • New Santiago DC • Acquire businesses in new locations • Product range development • Importing • Technology

13. Slide 13: Looking Forward

    Looking Forward • Challenging Economy • Significant market consolidation opportunity • Strong 2015/16 start

14. Slide 14: Bidvest

    Bidvest

15. Slide 15: Brazil

    Brazil

16. Slide 16: Bidvest Brazil

    Bidvest Brazil Bidvest Brazil was acquired in March 2014. The business is located in Sao Paulo, the largest city and state of Brazil. 2015 Result Sales Trading Profit EBIT 6%

17. Slide 17: Market Characteristics

    Market Characteristics • Country • Politically and economically stressed • GDP -2.5% • Inflation 9.5% • Interest rates 14.0% • Population 203 million • Size 8.5 million km²

18. Slide 18: Slide 18

19. Slide 19: Market Characteristics

    Market Characteristics • Foodservice Industry • Market size • US$ 50b • 4th largest in the world • 20-30% decline • Stabilising • Very fragmented • Specialists • Manufacture direct supply

20. Slide 20: Key Facts

    Key Facts • Well established, excellent reputation • 300 staff • 7,000 customers • 1,200 products • Predominantly ambient products • Large focus on breakfast and lunch

21. Slide 21: Current Areas of Focus

    Current Areas of Focus • New DC in November • Frozen capacity • Product range development • Increase customer basket • Acquisitions

22. Slide 22: Looking Forward

    Looking Forward • Very challenging economy and market • Significant market consolidation opportunity

23. Slide 23: Thank you

    Thank you

Bid — Investor Presentation (October 2015) on 6ix