Nutritional Growth Solutions Ltd. · ASX:NGS
Nutritional Growth Solutions — Merger or Acquisition (October 2026)
23 slides from Nutritional Growth Solutions's merger presentation, Oct 1, 2026
Slide 1: Sprout Organic acquisition completed
Meets Food Standards Australia New Zealand (FSANZ) standards rsonal use only THE WORLD'S FIRST CERTIFIED ORGANIC, 100% PLANT-BASED INFANT FORMULA Sprout Organic acquisition completed. October 2026
Slide 2: Disclaimer and Forward-Looking Statements
IMPORTANT NOTICE DISCLAIMER AND FORWARD-LOOKING STATEMENTS Summary information rsonal use only This presentation has been prepared by Nutritional Growth Solutions Ltd (ARBN 642 861 Financial information 774) (NGS). It contains summary information about NGS and its subsidiaries, current as at All amo
Slide 3: The Transaction Is Complete
01. COMPLETION THE TRANSACTION IS COMPLETE rsonal use only 100% Selasi Berdie A$2.5M of Sprout Organic acquired Chief Executive Officer placement completed Approved by shareholders on Sprout Organic's founder now leads the 125 million shares at A$0.02 to fund 10 August 2026 and now completed. combin
Slide 4: Why We Acquired Sprout
02. THE THESIS WHY WE ACQUIRED SPROUT rsonal use only A regulatory moat /01 A structural need /02 A lifecycle worth owning /03 Meeting the FSANZ infant formula One in ten Australian infants has a food Parents change brands every two to three standard with a 100% plant-based, certified allergy, among
Slide 5: Allergy and Plant-Based Demand Are Structural
03. THE DEMAND ALLERGY AND PLANT-BASED DEMAND ARE STRUCTURAL rsonal use only Global plant-based food market (US$B) 10% 2%+ Source: The Business Research Company (January 2026)⁴ $124B of Australian infants have a food have cow's milk protein allergy allergy, among the highest rates (around 1 in 50),
Slide 6: Capitalising on the A$156B Global Formula Market
04. THE MARKET CAPITALISING ON THE A$156B GLOBAL FORMULA MARKET Global formula market rsonal use only Key market drivers Valued at over A$156B, with forecast growth at a compound annual rate of around 8%¹ A$156B ~5,600 Global births every week in Australia (292,318 in 2024)⁴, and ~69,000 a week in t
Slide 7: Where Sprout Sits, and Why the Corner Is Empty
05. THE LANDSCAPE WHERE SPROUT SITS, AND WHY THE CORNER IS EMPTY DAIRY-BASED PLANT-BASED rsonal use only The empty corner The mainstream market is dairy and PREMIUM / ORGANIC Bellamy's Organic SPROUT ORGANIC crowded with multinationals. The The only certified organic, vegan premium organic tier is d
Slide 8: Sprout Organic: First to Market, National Reach
06. SPROUT ORGANIC SPROUT ORGANIC: FIRST TO MARKET, NATIONAL REACH rsonal use only COMPETITIVE MOAT & IP • World's first 100% plant-based, certified organic infant formula made to the FSANZ standard; no added dairy, soy or animal-derived ingredients • Proprietary formulation IP, including stable enc
Slide 9: Three in the World. One on Australian Shelves.
07. THE PRODUCT THREE IN THE WORLD. ONE ON AUSTRALIAN SHELVES. As at 2026, three fully plant-based formulas worldwide are formulated and approved for infants under twelve months. Only one of them can be sold in Australia. rsonal use only SPROUT ORGANIC BÉBÉ M PRÉMIRIZ Australia France France • Meets
Slide 10: The Sprout Range: First Feed to Lunchbox
07. THE PRODUCT THE SPROUT RANGE: FIRST FEED TO LUNCHBOX rsonal use only SPROUT INFANT FORMULA SPROUT TODDLER DRINK KIDS ESSENTIAL SHAKE PLANT-BASED SNACK BARS Stage 1 to 2, 0 to 12 months Stage 3, 12 to 36 months Complete nutritional shake for kids and Superfood snack bars 100% plant-based, certifi
Slide 11: The Healthy Heights Range
07. THE PRODUCT THE HEALTHY HEIGHTS RANGE: AGES 3 AND UP rsonal use only GROW DAILY 3+ (KIDS) GROW DAILY 10+ (JUNIOR) Ages 3 to 9 Ages 10 and over Whey protein shake mix: Chocolate, Vanilla and Original Whey protein shake mix: Chocolate, Vanilla and Original 13g protein per serve 19g protein per ser
Slide 12: Healthy Heights Is Backed by Published Trials
07. THE PRODUCT HEALTHY HEIGHTS IS BACKED BY PUBLISHED TRIALS rsonal use only JOURNAL OF PEDIATRICS, 2014 AND 2016 2 trials, 4 publications Randomised, double-blind, Randomised controlled trials in children aged 3 to 9 and in boys aged 10 and over, published 2014 to 2023 placebo-controlled 200 short
Slide 13: One Platform from Birth to Adolescence
08. THE PLATFORM ONE PLATFORM FROM BIRTH TO ADOLESCENCE AGE 0–1 | INFANT AGE 1–3 | TODDLER AGE 3–9 | CHILD AGE 10+ | PRE-TEEN rsonal use only Sprout Organic Infant Formula Sprout Organic Toddler Drink Healthy Heights Grow Daily 3+ Healthy Heights Grow Daily 10+ An allergy-friendly choice from birth
Slide 14: Where We Sell, and What Each Brand Can Cross-Sell
09. DISTRIBUTION WHERE WE SELL, AND WHAT EACH BRAND CAN CROSS-SELL LIVE selling today PLANNED cross-sell in the integration plan IN PROGRESS market entry underway NOT IN PLAN no current plan rsonal use only Market Sprout Organic Healthy Heights LIVE Chemist Warehouse (national; ~16% of CY25 revenue,
Slide 15: Jan–Aug 2026: A$5.1M Revenue, Near Break-Even
10. FINANCIALS JAN–AUG 2026: A$5.1M REVENUE, NEAR BREAK-EVEN A$5.11M 3.9x 34% A$870k rsonal use only Combined revenue, Jan to Aug 2026 Combined revenue relative to NGS Group gross margin, Jan to Aug 2026 Identified annualised cost savings (unaudited) standalone, Jan to Aug 2026 (normalised) Monthly
Slide 16: Capital Structure: 964M Shares, 34% in Escrow
10. FINANCIALS CAPITAL STRUCTURE: 964M SHARES, 34% IN ESCROW 964.0M A$19.3M 331.8M rsonal use only Shares on issue on completion Market capitalisation at the A$0.02 placement and consideration shares in 12-month voluntary escrow: consideration price 90% of each of the four major vendors' holdings Sh
Slide 17: Integration First, Then Cross-Sell and New Markets
11. EXECUTION INTEGRATION FIRST, THEN CROSS-SELL AND NEW MARKETS 0 TO 3 MONTHS 3 TO 6 MONTHS 6 TO 12 MONTHS rsonal use only • Align brand and marketing • Cross-sell Healthy Heights into • Launch the combined innovation Sprout's Australian pharmacy roadmap • Integrate financial reporting and network
Slide 18: Who Is Running It
12. LEADERSHIP WHO IS RUNNING IT BOARD rsonal use only ANDREW MANIK SELASI GROVER PUJARA BERDIE Non-Executive Chairman Non-Executive Director CEO & Executive Director Chairman since November 2025. Chaired the Chartered Accountant (CA ANZ) and MAICD. Led Founder of Sprout Organic, which launched boar
Slide 19: What to Watch
13. SUMMARY WHAT TO WATCH rsonal use only REPORTING PHARMACY First combined-group reporting: the Healthy Heights ranged in Australian September 2026 quarter Appendix 4C, then pharmacy through Sprout's network. the FY26 annual report. INVENTORY US RANGE SIX MARKERS FOR Inventory landed and converting
Slide 20: Thank you
rsonal use only NUTRITIONAL GROWTH SOLUTIONS LTD ASX: NGS Thank you ngsolutions.co | healthyheights.com | sproutorganic.com.au Investor enquiries: sel@betterbrandsglobal.com
Slide 21: Non-IFRS Reconciliation
APPENDIX NON-IFRS RECONCILIATION Combined group, January to August 2026, per unaudited management accounts rsonal use only Jan to Aug 2026 US$'000 Basis of preparation Revenue (management accounts) 3,574 • EBITDA is net profit or loss before interest, tax, Normalisation adjustments (17) depreciation
Slide 22: Sprout Infant Formula: What Is in the Tin
APPENDIX SPROUT INFANT FORMULA: WHAT IS IN THE TIN A complete infant formula for birth to 12 NUTRITIONAL INFO rsonal use only months, built on organic sprouted rice and Average quantity per 100 ml of prepared feed pea protein, algal DHA and a coconut, Nutrients Minerals canola and sunflower oil blen
Slide 23: Product Specifications
APPENDIX PRODUCT SPECIFICATIONS Product Age Formats Protein base Credentials rsonal use only 700g tin; 700g and 176g pouches; Organic sprouted rice and pea Certified organic and vegan; meets the Sprout Organic Infant Formula 0 to 12 months 800g tin for the US protein FSANZ infant formula standard Or
Nutritional Growth Solutions — Merger or Acquisition (October 2026) on 6ix