Appendix 4E and Annual Report

only11 November 2021

The Manager, Companies Australian Securities Exchange

C mpanies Announcement Centre 20 Bridge Street

SYDNEY NSW 2000

useDear Sir/Madam,

GrainCorp Limited 2021 Annual Report

GrainCorp today announced its results for the full year ended 30 September 2021. Attached is the Appendix 4E and

2021 Annual Report including:

• Directors' Report
• Remuneration Report
• FY21 Financial Report

personalThis announcement is authorised for market release by the GrainCorp Limited Board. Y urs faithfully,

GrainCorp Limited

Annerly Squires

Company Secretary

For

GrainCorp Limited

Level 28, 175 Liverpool Street

Sydney NSW 2000 Australia

T [phone]

F [phone]

60 057 186 035

graincorp.com.au

only	Up /	%		2021
GRAINCORP LIMITED
APPENDIX 4E
FOR THE YEAR ENDED 30 SEPTEMBER 2021
	Results for Announcement to the Market
use		Down		Movement			$ M
Revenue from ordinary activities from continuing operations	Up		50.0%	to		5,491.5
	Net profit before significant items from ordinary activities after tax from	Up		>100%	to		139.3
	continuing operations attributable to owners of GrainCorp Limited
	Net profit for the period from continuing operations attributable to owners of	Up		>100%	to		139.3
	GrainCorp Limited
personal
Net profit for the period attributable to owners of GrainCorp Limited	Down		59.4%	to		139.3
	Dividend Information	Amount per security	Franked amount per
				security at 30% tax
	Final dividend per share		10.0		10.0
	Record date for determining entitlements to the final dividend				25 November 2021
	Payment date for final dividend					9 December 2021

Additional Information

N t Tangible Assets per share: $4.70 (2020: $3.85).

Additional Appendix 4E disclosure requirements can be found in the attached Annual Report.

This report is based on the consolidated financial statements and notes which have been audited by PricewaterhouseCoopers.

Further information regarding the company and its business activities can be obtained by visiting the company's website at www.graincorp.com.au For

GrainCorp Limited (ASX:GNC)

Level 28, 175 Liverpool Street

Sydney NSW 2000 Australia

ABN 60 057 186 035

[phone]

graincorp.com.au

Annual Report 2021

For personal use only

GRAINCORP ANNUAL REPORT 2021

GrainCorp is a leading diversified Australian agribusiness, with an integrated operating model connecting growers to domestic and

onlyinternational consumers in over 50 countries. Our purpose is to proudly connect with customers and rural communities to deliver value through innovation and expertise.

usepersonal

Reporting Suite FY21

For

Annual Report

Corporate Governance

2021

Statement 2021

Sustainability Report

2021

Growing together

Annual

Sustainability

Corporate Governance

Report

Report

Statement

These reports are available on our website graincorp.com.au

For personal use only

1

Contents

About us	01
2021 Highlights	02
Chairman's Report	04
Managing Director and CEO's Report	06
About GrainCorp	10
How we operate	12
Our strategy	14
Environmental, social and governance	16
Board of Directors	20
Executive Leadership Team	22
Directors' Report	24
Operating and Financial Review	26
Group Financial Analysis and Commentary	26
Business unit performance	28
Agribusiness	28
Processing	30
Outlook	32
Macroeconomic trends	33
Risks	34
Remuneration Report	38
Auditor's Independence Declaration	54
Financial Report	55
Notes to the Consolidated Financial Statements	61
Directors' Declaration	107
Independent Auditor's Report	108
Shareholder Information	115