Ann: Beston Announces Board Appointment, page-4

From the Roadshow presentation

• BFC has been open and transparent with the market in explaining that its objectives were to be
achieved via a 10 year business plan
• The business plan consisted of three phases:
Phase 1: Fix, Focus and Build Out (2015-18)
Phase 2: Capitalise on Build Out and Grow Earnings (2018-2021)
Phase 3: Maximise Value from Investments (2021-2025)
• BFC has achieved all of the objectives which were set out in Phases 1 and 2 of the business plan and
is now well advanced with the objectives set out in Phase 3.
• Milestones include: installation of a world class mozzarella plant, acquisition and expansion of a dairy
nutraceutical plant and the winning of over 130 Australian and International Awards for product
quality and innovation.
• The investments made by the Company since 2015 have added scale and have been earnings
accretive.