Investors Our transformation to a brand-led business Since 2008, we have transformed from a dairy co-operative with a strong regional cheese brand into a diversified, branded food and beverage business. This transition from a commodity-led to a brand-led company is positioning the Bega Group for higher and more consistent earnings. Today, we are a leading branded consumer goods business, with products that form part of the daily lives of millions of consumers. We operate across two types of businesses: We will continue to strengthen and grow, creating value for our customers, consumers, suppliers and investors, to advance us towards our vision to become The Great Australian Food company. The categories in which we operate We hold strong market positions across categories that have consistent consumer demand throughout economic cycles and offer attractive long-term growth potential. Our diverse product portfolio serves a broad range of consumer needs, spanning everyday essentials with high household penetration through to discretionary food purchases. Our Business Model Manufacturing Network Our manufacturing sites are situated near major food and milk-producing regions and key distribution points in our logistics network. This supports branded value creation through cost-effective manufacturing at scale and national availability of our key branded consumer products. The site footprint and supply chain integration between our Nutritionals and Ingredients and Branded businesses help us maximise the benefits from the milk we collect for the Bega Group products. By aligning our Nutritionals and Ingredients and branded businesses, we extract more value from the milk collected each year for the Group. This approach helps us manage seasonal milk supply, reduce input costs, and realise the most value from every component of the milk we process. We continue to invest in scaling this network to drive efficiency, optimise capacity utilisation, and support long-term growth. S31: Simplify & Focus for Growth 1. Win in the markets where we choose to compete 2. Simplify, scale and enhance our business to reinforce our competitive position FY2026 Performance at a glance 1. Normalised amounts exclude one-off material items that do not reflect underlying performance 2. Net debt/normalised EBITDA (adjusted for AASB 16 leases)
The categories in which we operate We hold strong market positions across categories that have consistent consumer demand throughout economic cycles and offer attractive long-term growth potential. Our diverse product portfolio serves a broad range of consumer needs, spanning everyday essentials with high household penetration through to discretionary food purchases.
Manufacturing Network Our manufacturing sites are situated near major food and milk-producing regions and key distribution points in our logistics network. This supports branded value creation through cost-effective manufacturing at scale and national availability of our key branded consumer products. The site footprint and supply chain integration between our Nutritionals and Ingredients and Branded businesses help us maximise the benefits from the milk we collect for the Bega Group products. By aligning our Nutritionals and Ingredients and branded businesses, we extract more value from the milk collected each year for the Group. This approach helps us manage seasonal milk supply, reduce input costs, and realise the most value from every component of the milk we process. We continue to invest in scaling this network to drive efficiency, optimise capacity utilisation, and support long-term growth.
S31: Simplify & Focus for Growth 1. Win in the markets where we choose to compete 2. Simplify, scale and enhance our business to reinforce our competitive position
FY2026 Performance at a glance 1. Normalised amounts exclude one-off material items that do not reflect underlying performance 2. Net debt/normalised EBITDA (adjusted for AASB 16 leases)