Slide 1: Fiscal Year 2025 Second Quarter
Fiscal Year 2025 Second Quarter November 8, 2024 2022 2023 Saputo Saputo Inc.Inc. andand affiliates. affiliates. All rights All rights reserved. reserved.
Slide 2: Caution Regarding Forward-Looking Information
Caution Regarding Forward-Looking Information This presentation and accompanying oral presentation contain statements which are forward-looking statements within the meaning of applicable securities laws. These forward-looking statements include, among others, statements with respect to our objectiv
Slide 3: Q2 FY25 Highlights
Q2 FY25 Highlights • Further progress in the execution of our strategic initiatives and long-term strategy • Benefits from strong execution, cost containment efforts, and capital investments offset by commodity and macroeconomic volatility • Robust revenue and adjusted EBITDA growth in Canada Sector
Slide 4: Q2-FY25 Consolidated Financial Highlights
Q2-FY25 Consolidated FINANCIAL HIGHLIGHTS • Results reflected the following: Results ◦ Higher revenues in all our sectors; ◦ Our Canada Sector's adjusted EBITDA was up 9.5%, driven by operational efficiencies; For the second quarter ended September 30, 2024 ◦ Our USA Sector continued to deliver bene
Slide 5: Canada Sector
HIGHLIGHTS BY SECTOR Canada Sector For the second quarter ended September 30, 2024 (in millions of CDN dollars) Q2-FY25 vs. Q2-FY24 Revenues 1,294 3.7% Adjusted EBITDA 162 9.5% Adjusted EBITDA margin 12.5% • Benefits derived from operational efficiencies, including continuous improvement, supply cha
Slide 6: USA Sector
HIGHLIGHTS BY SECTOR USA Sector For the second quarter ended September 30, 2024 (in millions of CDN dollars) Q2-FY25 vs. Q2-FY24 Revenues 2,225 14.1% Adjusted EBITDA 145 (1.4%) Adjusted EBITDA margin 6.5% • $18 million in benefits derived from capital investments in our cheese network, operational i
Slide 7: International Sector
HIGHLIGHTS BY SECTOR International Sector For the second quarter ended September 30, 2024 (in millions of CDN dollars) Q2-FY25 vs. Q2-FY24 Revenues 912 3.8% Adjusted EBITDA 54 (34.9%) Adjusted EBITDA margin 5.9% • In Argentina, the peso devaluation did not keep pace with inflation, which has led to
Slide 8: Europe Sector
HIGHLIGHTS BY SECTOR Europe Sector For the second quarter ended September 30, 2024 (in millions of CDN dollars) Q2-FY25 vs. Q2-FY24 Revenues 277 12.6% Adjusted EBITDA 28 40.0% Adjusted EBITDA margin 10.1% • Higher sales volumes supported by incremental spend in advertising and promotions. In the com
Slide 9: FY25 Outlook
• We expect to see steady improvements and remain on course to deliver on our long-term goals. Factors impacting our performance in FY25 will be the economic health of consumers, the rate of input cost inflation, commodity market and foreign exchange volatility, the supply chain environment, and ben
Slide 10: Fiscal 2025 Third Quarter Results
Fiscal 2025 Third Quarter Results February 7, 2025 2022 Saputo Inc. and affiliates. All rights reserved.
Slide 11: Appendix
Appendix ' rs oN 4
Slide 12: Quarterly Financial Information by Sector
Quarterly Financial Information by Sector Fiscal years 2025 2024 2023 (in millions of CDN dollars) Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Revenues Canada 1,294 1,253 1,192 1,271 1,248 1,211 1,156 1,213 USA 2,225 2,085 1,928 2,056 1,950 1,876 2,062 2,172 International 912 1,004 1,135 636 879 868 963 917 Europe 277
Slide 13: Investor Relations
Investor Relations Nicholas Estrela Senior Director, Investor Relations Saputo Inc. 1000 de la Gauchetière Street West, Suite 2900 Montréal, QC Canada H3B 4W5 514-328-3117 nicholas.estrela@saputo.com www.saputo.com