Slide 1: Equity Raising Presentation
EQUITY RAISING PRESENTATION May 2026 1
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This following notice and disclaimer applies to this presentation and the information contained in it. You are advised to read this carefully before reading or making any other use of this presentation or any information contained in this presentation. By attending a
Slide 3: Disclaimer
Disclaimer No Party other than the Company has authorised or caused the issue, lodgement, submission, dispatch or provision of this presentation, or has takes any responsibility for, or makes or purports to make, any statements, representations or undertakings in this presentation. Neither the Lead
Slide 4: Financial data cont.
Financial data cont. In addition, the pro forma financial information is presented in abbreviated form and does not include all of the presentation and disclosures of general purpose financial statements prepared in accordance with applicable accounting standards and accounting interpretations. Non-
Slide 5: Executive summary
Executive summary SPC Global’s positive trajectory continues; Equity Raising to materially strengthen balance sheet Q3 FY26 • Group Net Sales Revenue and normalised EBITDA continued to improve in Q3 in line with expectations. • Domestic EBITDA was supported by beverages, improved branded mix, and in
Slide 6: Investment Thesis
Investment Thesis Iconic brands with strong consumer and investor recognition and a product portfolio resilient to shifts in discretionary spend. Experienced management team with demonstrated track record of delivering integration, cost discipline and earnings improvement. Diversified earnings base
Slide 7: Four Divisions, One Company
Established brands, new SPC GLOBAL SPC Global is 18 months young, having launched on 17 December 2024 FOUR DIVISIONS, ONE COMPANY A market leading Australian food and beverage business 7
Slide 8: Our brands
Our brands Food ingredients supplier to Australian and New Zealand Food Industry Specialist in fruit and vegetable ingredients Top 3 supplier in the chilled 9 Core brands offering a range including frozen (IQF), purees Ranked #1 or #2 juice and juice drinks category of infant, child and adult and ju
Slide 9: H1 FY26 Results
H1 FY26 Results As reported at 26 February 2026 NET SALES DEBT INVENTORY SYNERGY EBITDA REVENUE (NSR) FINANCING MANAGEMENT REALISATION >$16M Debt $146.9M $108.9M $171.5M $13.0M Net Debt $138.6M Achieved market Synergy benefits implemented with Net Sales Revenue EBITDA* Full year net leverage guidanc
Slide 10: Progress Update: H2 FY26
Progress Update: H2 FY26 10
Slide 11: Domestic Business: Three priority initiatives
Domestic Business: Three priority initiatives Domestic division will transition to platform-led acceleration through three priority initiatives Progress Update H1 FY26 Results H2 FY26 1 Beverages platform scaling • The Domestic business continued to deliver strong growth in Q3 FY26 with sales of bra
Slide 12: Domestic Business: Three priority initiatives
Domestic Business: Three priority initiatives Domestic division will transition to platform-led acceleration through three priority initiatives Progress Update H1 FY26 Results H2 FY26 2 • The Group continued to expand its presence in the OTG channel, driving higher margins, with new pack formats OTG
Slide 13: Domestic Business: Three priority initiatives
Domestic Business: Three priority initiatives Domestic division will transition to platform-led acceleration through three priority initiatives Progress Update H1 FY26 Results H2 FY26 3 • The Company has successfully executed updates to 91 SKUS. • This clear portfolio brand architecture is expected
Slide 14: International division dairy focus
International division dairy focus Continuing strong growth in the dairy category Progress Update H1 FY26 Results H2 FY26 Strategic shift to focus on high- • The Group’s International business continued its planned transition toward higher margin value-add specialised margin, higher quality revenue
Slide 15: International beverage expansion
International beverage expansion New manufacturing capabilities unlock opportunity Progress Update H1 FY26 Results H2 FY26 Korea / Japan Singapore China • Successfully delivered the first three of six shipments of its Original Juice Co. “Black Label” 1.5L orange juice to South Korea in March. Sales
Slide 16: International food expansion
International food expansion SPC core branded product distribution to expand Progress Update H1 FY26 Results H2 FY26 Further initiatives have positioned the Continued incremental sales growth and additional Group to expand its footprint across the expansion opportunities across multiple markets. Asi
Slide 17: FY26/FY27 Synergy Delivery
FY26/FY27 Synergy Delivery Progress Update H1 FY26 Results H2 FY26 Annualised • During Q3, our main manufacturing facility FY26 Outlook in FY27 at Shepparton successfully introduced extended shelf-life capability, further enabling product expansion Selling, General & Admin >$4.0M >$2.0M internationa
Slide 18: Update on Impact of Middle East Conflict
Update on Impact of Middle East Conflict • The Group is closely monitoring the conflict in the Middle East, and any potential impacts, across the short and medium term. Based on the current assessment, the Company does not believe that the conflict will have a material impact on the Group’s financia
Slide 19: Confirmation of Market Guidance for FY26
Confirmation of Market Guidance for FY26 In line with previous guidance, the Company remains on track to deliver 25% increase in normalised EBITDA in FY26 YoY1 EBITDA GROWTH SYNERGIES DEBT LEVERAGE $25M on synergy initiatives Pre Equity Raising 3.9x 25% Increase YoY to $38M2 implemented or inflight3
Slide 20: Equity Raising
Equity Raising 20
Slide 21: Equity Raising Overview
Equity Raising Overview • Fully underwritten equity raising of approximately A$100.0 million, comprising: - A placement of approximately 29.0 million fully paid ordinary shares in SPC Global (“New Shares”) to raise approximately A$2.9 million within the Company’s Offer structure and size placement c
Slide 22: Equity Raising Overview
Equity Raising Overview $100 million Equity Raising to materially strengthen balance sheet Sources $m • Proceeds from the Equity Raising will be used to strengthen SPC Placement $2.9m Global’s balance sheet, providing further financial flexibility and Entitlement Offer $97.1m headroom to support the
Slide 23: Pro Forma Capitalisation
Pro Forma Capitalisation Equity Raising will reduce SPC Global’s pro forma net debt to $38.7 million PRO FORMA FINANCIAL IMPACT AS AT 31 DECEMBER 20251 • Proceeds from the Equity Raising will be used to reduce SPC Global’s net debt and reset its balance sheet to a NET DEBT ($M) more appropriate leve
Slide 24: Pro Forma Balance Sheet
Pro Forma Balance Sheet Healthy pro forma balance sheet leaves company well funded to continue business strategy Balance Sheet • Equity Raising proceeds to be applied to reduction of net debt, working capital Pro forma impact of 31-Dec-25 A$M 31-Dec-25 Equity Raising1 pro forma purposes and costs of
Slide 25: Equity Raising timetable
Equity Raising timetable Event Date Announcement of Entitlement Offer and completion of Placement, investor presentation, Appendix 3B and Entitlement Offer cleansing notice lodged with ASX Thursday, 14 May 2026 “Ex” date and rights trading commences Monday, 18 May 2026 Record Date for Entitlement Of
Slide 26: Key Risks and International Offer Restrictions
Key Risks and International Offer Restrictions 26
Slide 27: Key Risks
Key Risks Key Risks – Introduction This section describes some of the potential risks associated with an investment in the Group. An investment in the Group is subject to risks specific to the Group and its business and is also subject to general risks. Each of these risks could, if they eventuate,
Slide 28: Key Risks – Risks Specific to the Group’s business
Key Risks – Risks Specific to the Group’s business Risk Summary As announced to ASX, in 2024, the Company (then known as The Original Juice Co Ltd (“OJC”)), completed the acquisition of SPC Global Limited (the “SPC Acquisition”) and the powdered milk business of Nature One Dairy (“Nature One Dairy A
Slide 29: Key Risks – Risks Specific to the Group’s business
Key Risks – Risks Specific to the Group’s business Risk Summary There is a risk that the cost of the Group’s inputs and operations may increase as a result of climate factors beyond the Group’s control, such as shortages or interruptions due to seasonal fluctuations, weather conditions or climate ch
Slide 30: Key Risks – Risks Specific to the Group’s business
Key Risks – Risks Specific to the Group’s business Risk Summary The Group is subject to changing consumer trends, demands, preferences and attitudes, including a shift in the beliefs, tastes and dietary habits of end consumers. There is a risk that consumer preferences for the Group’s products will
Slide 31: Key Risks – Risks Specific to the Group’s business
Key Risks – Risks Specific to the Group’s business Risk Summary The Group has agreements with employees, contractors, customers, suppliers and other entities across the globe. These activities and agreements may be subject to local laws that differ between Risk of litigation, jurisdictions. There is
Slide 32: Key Risks – Risks Specific to the Group’s business
Key Risks – Risks Specific to the Group’s business Risk Summary The price at which the Shares are quoted on the ASX may increase or decrease due to a number of factors. These factors may cause the Shares to trade at prices below the price at which the New Exposure to general Shares are being offered
Slide 33: Key Risks – General Investment Risks
Key Risks – General Investment Risks Risk Summary Events may occur within or outside Australia that could impact upon the global and Australian economies, the operations of the Group and the price of the Shares. These events include but are not Force majeure limited to acts of terrorism, an outbreak
Slide 34: International Offer Restrictions
International Offer Restrictions This document does not constitute an offer of entitlements (“Entitlements”) or New Shares of the Company in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the Entitlements and New Shares may not
Slide 35: International Offer Restrictions
International Offer Restrictions New Zealand This document has not been registered, filed with or approved by any New Zealand regulatory authority under the Financial Markets Conduct Act 2013 (the “FMC Act”). The Entitlements and the New Shares in the entitlement offer are not being offered to the p
Slide 36: Summary of Underwriting Agreement
Summary of Underwriting Agreement 36
Slide 37: Summary of Underwriting Agreement
Summary of Underwriting Agreement The Company has entered into an underwriting agreement with the Lead Managers pursuant to which the Lead Managers have agreed to arrange, manage and underwrite the Offer (“Underwriting Agreement”) on the terms of the Underwriting Agreement. The Underwriting Agreemen
Slide 38: Summary of Underwriting Agreement
Summary of Underwriting Agreement (o) (application) there is an application to a governmental agency (including the Takeovers Panel) for an order, declaration (including of unacceptable circumstances) or other remedy in connection with the Offer (or any part of it) subject to certain exceptions; (p)
Slide 39: Summary of Underwriting Agreement
Summary of Underwriting Agreement xi. (information documents misleading) any: a. statement in an information document is or becomes false, misleading or deceptive or likely to mislead or deceive (whether by omission or otherwise); or b. information document does not contain all information required