Sligro Food N : Presentation Capital Markets Day 2023

Capital Markets Day Sligro Food Group

19 October 2023

About this document

Disclaimer forward-looking statements:

This presentation contains forward-looking statements. Forward-looking statements are statements that are not historical facts and include (but are not limited to) statements expressing or implying the beliefs, expectations, intentions, forecasts, estimates or predictions (and the assumptions underlying them) of Sligro Food Group. These forward-looking statements are provided to give potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as a factor in evaluating an investment. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Sligro Food Group undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. We strongly recommend not to place undue reliance on these forward-looking statements.

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Agenda & presenters

Agenda:

1• Sligro at a glance

2• Looking back

3• Looking forward

•4 Belgium

•5 Data and Technology

•6 The Netherlands

7• Summary and key takeaways

8• Q&A

Koen Slippens

CEO, Sligro Food Group With the company since 1998

Rob van der Sluijs

CFO, Sligro Food Group

With the company since 2007

Dries Bögels

CCO, Sligro Food Group

With the company since 2014

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Sligro at a glance

Sligro at a glance

• Sligro Food Group is a leading company in the food service market in the Netherlands and Belgium
• Comprehensive range of food and food-relatednon-food products and services in the wholesale market

~26%		~3%
market share in the Netherlands		market share in Belgium
4,113		126 m
employees (FTEs)		EBITDA (EUR)
1935		75,000
Sligro Food Group founded		Number of different products

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Channels

Delivery 66%

Cash-and-carry 34%

Revenue

(x € million)

2,483

Sligro Food Group

90% 10%

Netherlands Belgium

Strategy
	Helping every professional in
	food truly get ahead	1	Clear market leader in B2B foodservice markets in the
				Netherlands and Belgium
				2	Focus on food and food-relatednon-food products and
				services
				3	Our proposition combines customer focus and
				operational excellence
					Decentralised commercially distinctive market profiles
				4	combined with efficient centralised back-office
					organisation
		Relationships			Further geographic expansion ambition in the mid
			5	term, though only after proof of success in Belgium:
	Spirit of enterprise
		top 3 market position and sustained profitability
	A passion for food & drink
Gutsy	Stronger	Strength in	Better	Pride arising
enterprise	together	simplicity	every day	from passion
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Business model drivers

Continuous (volume) growth, organically and/or through acquisitions, transferred into economies of scale

advantages

Centralised in house procurement department, combined with strategic partnerships through

Superunie and fresh partners

Centralised IT infrastructure with integrated online and data capabilities

Integrated logistics network for cash-and-carry and delivery proposition

Replenishment for the Netherlands and Belgium through a central distribution centre in Veghel

ZiN inspiration platform and Solutions

Committed employees and long-term partnerships

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Sustainability at the core of our strategy

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2

3

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As a listed family business, treating those around us and the environment with decency and respect comes naturally

Long-term effort, focus and proven track record on three major pillars where we believe we have most impact:

People, Environment and Product range

Strong belief that sustainability and financial return can go hand in hand

Satisfaction	Carbon emissions	'Eerlijk & Heerlijk'
Employees: 2018: 58	reduced	product range
2022: 67	in relation to	as % of revenue:
Customers: 2018: 73	revenue, compared	2018: 10.0%
2022: 68	to 2010: 33.4%	2022: 11.8%
Suppliers: 2018: 62
2022: 63

Double materiality assessment

		1	Scope & objectives	H1 2022	Completed
		2	Identification	H1 2022	Completed
		3	Assessment	H2 2022	Completed
		4	Engagement	H2 2023	In progress
		5	Reporting	2023 / 2024	In progress

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ESG - material topics

Environment

Climate change

ESRS E1

• Greenhouse gas emissions
• Energy consumption

Pollution	ESRS E2
Water and marine resources	ESRS E3

• Management of fish species

Biodiversity and ecosystems

ESRS E4

• Animal welfare
• Biodiversity
• Deforestation

Resource use and circular economy ESRS E5

• Waste and packaging materials

Social		Governance
Own workforce	ESRS S1		Business conduct	ESRS G1
 Employment and working conditions			 Business ethics and integrity
 Employee satisfaction and development			 Information security and privacy
			 Animal welfare
Workers in the value chain	ESRS S2

• Employment and working conditions in the value chain

Affected communities	ESRS S3
Consumers and end users	ESRS S4

• Consumer health and nutrition
• Responsible marketing
• Food safety

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