Greggs : Capital Markets Day Presentation 06/10/21

Welcome

Capital Markets Day - 5 October 2021

Agenda

12.00pm	Introduction - Our ambition
12.20pm	Growing & developing the Greggs estate
12.40pm	Q&A
1.10pm	LUNCH
1.40pm	Extending trade - the evening opportunity
2.00pm	Digital channels
2.20pm	Q&A

2.50pm	Broadening customer appeal and driving loyalty
3.15pm	Q&A
3.30pm	BREAK
3.45pm	Infrastructure for a bigger business
4.05pm	Q&A
4.15pm	Summary
4.30pm	Close

Financial context

Capital Markets Day - 5 October 2021

5 October 2021

Framing the strategic opportunity

• More and bigger, better shops:
• • Increase paceof net opening to c.150/annum as property market offering greater availability and digital channels increase sales potential
  • UK potential for at least 3,000 shops vs 2,146 currently and could be higher
  • Relocatemore shops to better premises to support multi-channel potential - target 50/annum

• Additional transactions and spend:
• • Extended trading into the eveningusing existing shop base
  • Further development of deliveryservice throughout the day
  • Expand Greggs app loyaltymembership and develop CRMapproach to marketing
  • Leveraging existing assets but some dependency on shop relocation if successful in driving LFL transactions

Ambitious target to double turnover in five years

Delivery

£170m

Evening

£180m