Welcome to Nordzucker Company Presentation

2020/2021 Agenda

1. Nordzucker at a glance THE COMPANY 2. Products, quality & customer orientation 3. Sustainability is in our nature

4. Financial key figures

2 PAGE PAGE Agenda

1. Nordzucker at a glance THE SUGAR COMPANY

3 PAGE PAGE The Sugar Company – a global sugar producer

We are… … also producing e.g. feed, … one of the world‘s leading fertilizer, sugar producers

… producing biofuels and … a processor of more electricity 4 than 3 million tons of sugar from beet and PAGE cane … supporting and advising our beet and cane farmers in successful … about 3.800 cultivation dedicated employees

…improving the production … a modern company and of sugar constantly attractive employer Nordzucker: in Europe and Australia

Administration Sugar plants / refineries Head Quarters Braunschweig (Group) non-consolidated minory stakes Czech-Republic Sugar factory Dobrovice Administration Nordic Sugar, Sugar factory České Meziříčí Plants Australia Refinery Racecourse Germany Sugar factory Clauen Refinery Yarraville Sugar factory / Liquid sugar plant New Zealand Refinery Auckland Nordstemmen

Sugar factory Uelzen Other locations 5 Sugar factory Klein Wanzleben Latvia Bioethanol Klein Wanzleben Ireland Denmark , Nordzucker Lithuania Sugar factory Schladen PAGE Business Services Liquid sugar plant Groß Munzel Denmark Sugar factory Nakskov Ireland Sugar factory Nykøbing Sweden Sugar factory Örtofta Repräsentanzen Refinery / Liquid sugar plant Arlöv Office Belgium Germany Finland Sugar factory Säkylä Estonia Refinery Porkkala Norway Czech-Republic Lithuania Sugar factory Kėdainiai Iceland Reykjavík Poland Sugar factory Opalenica Sugar factory / Refinery Chełmża Australia Brisbane Slovakia Sugar factory Trenčianska Teplá Greece Australia Australia Sugar factory Farleigh Sugar factory Marian Sugar factory / Refinery Racecourse New Zealand More than 180 years of Nordzucker

1838 1865 1996 1997 2009 2019 Entry into cane sugar Start of sugar Foundation of many Start of Foundation of Acquisition of production, production at the new companies and expansion Nordzucker AG by a Nordic Sugar, acquisition of majority Klein Wanzleben plants in Germany to Eastern merger of Northern market leader stake in Mackay plant, Germany and Europe Europe German sugar in Northern

Sugar Ltd., Australia's 6 producers Europe second-largest sugar

producer PAGE

The Nordzucker Executive Board

7 PAGE PAGE

Axel Aumüller Dr. Lars Gorissen Alexander Bott Chief Operating Officer Chief Executive Officer Chief Financial Officer The Nordzucker Supervisory Board

Supervisory Board

Member 15 Shareholder representatives 10

Employee representatives 5 8

Chairman of the board PAGE

Jochen Johannes Juister Member since 2007 Chairman since August 2018 Deeply rooted - Shareholders‘ structure of Nordzucker AG

Not listed on the stock exchange 83.8% Large fraction of share-holders are beet Nordzucker Holding AG growers

11.1% 9

Union-Zucker Südhannover GmbH PAGE PAGE

5.1% Share capital: Direct interests 123.7 Million Agenda

2. Products, quality & customer orientation SUGAR & MORE

10 PAGE PAGE Productive

2,4 0,7 Mio. tonnes Mio. tonnes over of sugar from 3 Raw sugar 11 beet from cane Mio. tonnes PAGE Sugar from 18 beet and cane 3 Production sites Cane sugar mills

Sugar beet campaign in Europe Cane sugar season in Australia More from sugar - bioethanol

Bioethanol plant Klein Wanzleben (Germany) • Production capacity: 130,000 m3/year

• Production of bioethanol mainly for the fuel industry

12 PAGE PAGE More than 250 products Industrial liquid • Liquid sugar Traditional • Invert sugar • Refined sugar • syrup • • Mixed syrup • Lump sugar • Raw sugar • Icing sugar Fertilizer, fuel and

• Nib sugar electricity 13 • Carbolime

• Fructose PAGE Specialities • Raw sugar • Bioethanol • Fondant • Use of as a basis • Glaze for power generation • • Raw sugar Feeds and molasses • White sugar • Bee feed • Brown candy sugar • Beet pulp (pellets) • Jam sugar • Molasses, , Bagasse • Organic sugar Our customers in European business

> 80% < 20% 14

Sugar for the food Sugar for retail PAGE PAGE industry distributed by retailers

including leading manufacturers of bakery, and dairy products, jams, beverages and ice cream Strong brands for consumers in Europe

Strong brand in Central and Eastern Europe Additional information:

www.sweet-family.de

15 PAGE PAGE Market leader in Northern Europe Additional information: www.dansukker.com

Sugar extraction from beet – step-by-step 16

Weight- Beet Unloading Beet washing Slicing Extraction Juice bridge sampling tower purification PAGE

Service Center Sugar products Evaporation Crystallisation Centrifuging Dryer Silos Our Certifications

Product quality and product safety are the top priority • Proven sustainable and safe processes

• Ongoing review and transparency for our Environment Product Management Safety customers 17

• International high standards PAGE

Energy CSR Management Agenda

3. Sustainability is in our nature SUSTAINABILITY

18 PAGE PAGE Sustainable & dedicated

Our Code of Conduct is based on our

four corporate values.

19 PAGE PAGE Sustainability is integrated

Cultivation & Production & Quality Staff & Society Customer & Procurement • Energy efficiency • Work safety Consumers • Audited beet cultivation • Climate protection • Health protection • Transparency

• Yield increase / • Quality standards • Good neighbour • Sugar & nutrition 20

resource efficiency • Product safety PAGE PAGE • Code of Conduct

create value

Customer loyalty and Strengthening the Attractive employer Enable investment Efficient use of customer acquisition reputation resources A multifunctional foodstuff

Sugar … … is a natural preservative … is a pure and high-quality product from the nature and free of "side-" or “aftertaste" … intensifies and

maintains colours 21

… is a carbohydrate PAGE … lowers the freezing point

… is an integral part of a balanced … is a raising agent and diet and part of our everyday fluid storage culture

… is a provider of volume … intensifies the taste even and structure for without sweet foodstuffs The calories are the crucial factor

Anyone who absorbs more calories than he consumes gain weight Calorific values of different foods A nutrient alone is not responsible for overweight 9 and disease

7 Sugar is more than just sweet and comes from 22

nature PAGE PAGE Consumer deception: Less sugar in food does 4 4 4 not automatically mean fewer calories Nutrition education - from elementary school We are dedicated Kcal/g Sugar Starch Protein Alcohol Fat

More information: www.schmecktrichtig.de Agenda

4. Financial key figures KEY FIGURES

23 PAGE PAGE Investments*

in Mio. EUR

106 100 24

84 89 PAGE PAGE

60

2015/16 2016/17 2017/18 2018/19 2019/20

* Initial consolidation of Mackay Sugar Ltd. in Australia as of 31 July 2019 Revenues*

in Mio. EUR

1.607 1.708

1.650 25 1.439

1.354 PAGE

2015/16 2016/17 2017/18 2018/19 2019/20

* Initial consolidation of Mackay Sugar Ltd. in Australia as of 31 July 2019 Net Income*

in Mio. EUR

118

99 26 PAGE PAGE

15 -36 -15

2015/16 2016/17 2017/18 2018/19 2019/20

* Initial consolidation of Mackay Sugar Ltd. in Australia as of 31 July 2019 Dividend per share*

in EUR per share

1,20

1,10 27 PAGE PAGE

0,10 0 0

2015/16 2016/17 2017/18 2018/19 2019/20

* Initial consolidation of Mackay Sugar Ltd. in Australia as of 31 July 2019 Financial key figures at a glance*

2015/16 2016/17 2017/18 2018/19 2019/20

Revenue Mio. EUR 1.607 1.708 1.605 1.354 1.439 EBIT Mio. EUR 16 131 154 - 58 - 15 Net income Mio. EUR 15 99 118 - 36 - 15

Cash flow from operating 28 Mio. EUR 199 266 219 10 - 40

activities PAGE PAGE Equity Mio. EUR 1.278 1.375 1.429 1.316 1.280 RoCE % 1,0 8,5 10,2 - 3,8 - 0,9 EBIT margin % 1,0 7,7 9,3 - 4,3 - 1,0 Equity ratio % 64 65 66 66 58

Sugar production Mio. t 2,0 2,5 2,7 2,4 2,49 Employees 3.206 3.236 3.234 3.208 3.539

* Initial consolidation of Mackay Sugar Ltd. in Australia as of 31 July 2019 Contact

Communications & Public Affairs

Nordzucker AG Nordic Sugar A/S Küchenstraße 9 Edvard Thomsens Vej 10 38100 Braunschweig 7th floor Germany 2300 Copenhagen S 29

Denmark PAGE

Tel: +49 531 2411-0 Tel: Tel: +45 3266 2500 Fax: +49 531 2411-100 [email protected] [email protected] www.nordzucker.com THE Sugar Company