Financial Data and Key Metrics Changes - The group reported full year revenue of $430.5 million, reflecting an 8% year-on-year growth, exceeding updated guidance [10][2] - Group EBITDA reached $43.2 million, up 9% from the previous year, with cash conversion for the year at 96% [10][11] - The total dividends for the year increased to $0.14, up $0.02 from the previous year, resulting in a dividend yield of 7.8% [11][12] Business Line Data and Key Metrics Changes - Australian revenue increased by 6.4% year-on-year to $350.6 million, driven by strong demand for floral products in the supermarket channel [12][5] - China's revenue grew by 18% year-on-year to $101 million, primarily due to strong performance in the tulip category and increased export volumes [15][16] - EBITDA for Australia was $33.5 million, up 8.1% year-on-year, while China's EBITDA improved by 12.7% to $9.7 million [13][16] Market Data and Key Metrics Changes - In Australia, revenue growth for the first seven weeks of the new financial year was up 4%, indicating positive momentum for floral products [22] - In China, revenue for the first seven weeks of FY '26 was down 14% due to adverse weather conditions affecting volume [24] Company Strategy and Development Direction - The company is focusing on efficiency projects and the relocation of its West Australian site, with plans for modest capacity expansion in China [23][24] - The group has entered into a scheme of implementation agreement with Hasfarm Holdings Limited for acquisition, with shareholders set to receive $2.24 per share [4][10] Management's Comments on Operating Environment and Future Outlook - Management noted steady improvement in consumer demand and confidence, although demand remains patchy outside of event windows [4][6] - The outlook for Australian revenue growth remains positive, while China's performance is closely tied to consumer confidence and spending recovery [26][22] Other Important Information - The company is investing in automated bouquet lines to improve efficiency and has made progress on its ERP system upgrade [6][14] - The impact of the Queensland cyclone in March resulted in an estimated lost revenue of around $2 million [14] Q&A Session Summary Question: How goes the seller return mix, and are you seeing better grocery engagement? Is shrink under control? - Management expressed satisfaction with waste levels and noted an increase in seller return mix from 26% to 29% [28][30] Question: How has progress in new farms in China gone? Any risk of displacement of existing farms, and does the ROIC still stack up? - Management indicated that they are not pursuing new farms currently but are making modest adjustments to existing production [31][32] Question: What have you assumed regarding repricing in the Australian margin comments? - Management clarified that pricing in Australia is less relevant for margin attainment, focusing instead on maintaining target margin rates [34] Question: Bid price is materially below the IPO price. How was the price set? - Management refrained from commenting on valuation but noted that an independent expert will assess the bid [36][37]

LYNCH GROUP HOLDINGS FY25 INVESTOR PRESENTATION 20 AUGUST 2025 For personal use only 2 Important notice and disclaimer The information contained in this presentation and any information which has been or may be supplied in writing or orally in connection with this presentation (together, the Presentation) has been prepared and is being distributed by Lynch Group Holdings Limited (ACN 608 543 219) (Company) or its related bodies corporate (Lynch Group). The Presentation is provided to you on the following ba ...