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1/21/3 3/1 1/21/3 3/1 ©AGRANA©AGRANA AGRANA H1 Conference Call Results for the first half of 2026|27 ©AGRANA Vienna, 8 October 2026 AGRANA Report on H1 2026|27: www.agrana.com/ir/publications
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1/21/3 3/1 1/21/3 3/1 ©AGRANA ©AGRANA 2H1 26|27 Conf Call, 8 October 2026 2 H1 2026|27 Segments & Financials Agenda 1 H1 2026|27 Overview & Highlights FY 2026|27 Outlook 3
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1/21/3 3/1 1/21/3 3/1 ©AGRANA ©AGRANA 3 01 H1 2026|27 Overview & Highlights H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 4 Performance broadly in line with expectations • Our business performance in the second quarter – and thus also in the first half of 2026|27 – remained broadly in line with expectations • Market environment still challenging • We were able to moderately improve our operating performance and consistently drive forward key strategic projects • Progress made in our transformation and integration initiatives confirms that we are on the right track to make AGRANA even more focused, efficient, and resilient H1 2026|27 – Overview H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 5 Key figures (1/2) H1 2026|27 – Overview € 1,700.2 million € 57.4 million € 1.2 million € 63.5 million Revenue Operating profit 1 Exceptional items EBIT 2 (H1 prev. year: € 1,691.6 m) (H1 prev. year: € 52.2 m) (H1 prev. year: € –20.8 m) (H1 prev. year: € 28.0 m) 1 BEFORE exceptional items and results of equity-accounted joint ventures 2 Operating profit AFTER exceptional items and results of equity-accounted joint ventures H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA € – 9.2 million 6 Key figures (2/2) H1 2026|27 – Overview € 464.1 million 41.2 % 46.2 % Free Cashflow Net debt Gearing ratio Equity ratio (H1 prev. year: € 83.5 m) (28 Feb 2026: € 421.0 m) (28 Feb 2026: 39.2%) (28 Feb 2026: 44.1%) H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 7 AUSTRIA JUICE and Mercator - Emba H1 2026|27 – AGRANA NEXT LEVEL • A key focus in the current business year remains the integration of our subsidiaries AUSTRIA JUICE and Mercator-Emba • Both companies are developing according to plan and already making valuable contributions to strengthening our FBS business area • Focus is on realising synergies, optimising international structures, and jointly developing innovative solutions for our customers H1 26|27 Conf Call, 8 October 2026 CEO Büttner
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 8 Planned acquisition of esarom (1/2) • Purchase agreement was signed on 9 September 2026 • esarom develops and produces, flavours, bases, powders, emulsions, functional blends and stabilisers for the food and beverage sector • Considerable expertise in formulations, long-term customer relationships, strong focus on exports • Company operates two production sites in Austria, employs nearly 400 personnel and generated revenues of around € 112 million in its 2025 financial year • AGRANA aims to proceed with the implementation of its strategic growth objectives in the Food & Beverage Solutions business area while also expanding its expertise in flavours and beverage solutions Ad-hoc announcement as of 9 September 2026 H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 9 Planned acquisition of esarom (2/2) • Following anti-trust approval from the competent public authorities, the aim is to close the transaction at the beginning of the 2027|28 financial year • Given the EBITDA multiple of 9.0x, the agreed enterprise value amounts to around € 150 million • Risks of both parties are mitigated by means of conventional price adjustment mechanisms and success-based purchase price components • Financing of the transaction is based on the existing liquidity of the AGRANA Group and available credit lines Ad-hoc announcement as of 9 September 2026 H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 10 Drought as a challenge H1 2026|27 – Raw materials • Framework conditions for the food and agricultural industry remain highly volatile • In particular, the ongoing drought in numerous agricultural regions across Europe and other parts of the world is affecting the availability and price trends of key agricultural raw materials H1 26|27 Conf Call, 8 October 2026 • At the same time, energy markets have become noticeably strained as a result of geopolitical developments
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 11 Raw materials and production (1/2) • ACS – Starch: integrated biorefinery in Pischelsdorf, Austria (wheat, organic wheat, triticale, corn, and molasses), total volume rose to approximately 540,000 tonnes (H1 previous year: approximately 521,000 tonnes) • Potato starch factory in Gmünd, Austria: contractually agreed delivery volume is approximately 154,000 tonnes; only around 55% to 60% of the contracted delivery volume is expected to be fulfilled • ACS – Sugar: for the 2026 crop year, AGRANA contracted with beet growers for approximately 60,400 hectares of sugar beet • Austria: average yield of around 55 to 60 tonnes per hectare, processing is scheduled to continue until early January 2027 • For the ACS – Sugar segment, a total processing volume of approximately 3.3 million tonnes of sugar beet is forecast H1 2026|27 H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 12 Raw materials and production (2/2) • Beverage business: as a result of the unfavourable weather conditions, the raw material availability and processing volumes for raspberries, blackcurrants, and aronia berries were below the previous year’s levels • Apple campaign began in late August. Due to frost damage, harvest volumes in Poland and Hungary are expected to be lower than last year; in Ukraine and China, on the other hand, good harvests are forecast H1 2026|27 H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 13 Development of energy costs AGRANA Group H1 26|27 Conf Call, 8 October 2026 0 50 100 150 200 250 300 350 400 2019|20 2020|21 2021|22 2022|23 2023|24 2024|25 2025|26 Group 300.1 245.6 357.0 214.6 116.2123.7 204.1 €m
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 14 Investment overview Most important projects in the Group H1 26|27 Conf Call, 8 October 2026 H1 2026 |27 Food & Beverage Solutions (FBS): • Capacity expansion for the food service portfolio in Jiangsu, China • Expansion of fruit preparation capacities in Lysander, New York, USA ACS – Starch: • Investments in capacity expansion and to support the sustainability agenda at the Aschach site, Austria • Replacement of chemical storage tanks, including construction of a central loading point for lorries and rail at the Gmünd site, Austria ACS – Sugar: • New central control room at the Kaposvár plant in Hungary 6.7 0.8 7.8 6.0 6.5 6.0 23.7 30.3 H1 2025|26 H1 2026|27 €m FBS ACS – Starch ACS – Sugar HCO GROUP 44.7 43.1
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 15 Investment plan for 2026|27 AGRANA Group H1 26|27 Conf Call, 8 October 2026 68% 18% 11% 3% Investment split 2026|27 (€ ~113 million) FBS ACS – Starch ACS – Sugar HCO ▪ Total investment in this financial year approximately € 113 million; is expected to be moderately higher than the 2025|26 value, but below budgeted depreciation of about € 117 million
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1/21/3 3/1 1/21/3 3/1 ©AGRANA ©AGRANA 16 0 2 H1 2026|27 Segments & Financials H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 17 H1 2026|27 vs H1 previous year 16.4 15.3 309.6 280.4 506.5 508.1 859.1 896.4 H1 2025|26 H1 2026|27 +0.3% GROUP 1,691.6 1,700.2+0.5% ACS – Starch HCO ACS – Sugar FBS €m H1 26|27 Conf Call, 8 October 2026 Revenue by segment
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1/21/3 3/1 1/21/3 3/1 ©AGRANA EU - and world market quotations Source: Sugar Market situation, European Commission; published on 27 August 2026 18 Trend in sugar quotations/prices H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA EBIT by segment 19 H1 2026|27 vs H1 previous year (6.8) (12.0) (36.3) (2.0) 3.1 17.2 68.0 60.3 H1 2025|26 H1 2026|27 EBIT margin H1 2025|26 7.9% 0.6% EBIT margin H1 2026|27 6.7% 3.4% (0.7%) (11.7%) >+100% GROUP 1.7% 28.0 >+100% 63.5 3.7% ACS – Starch HCO ACS – Sugar FBS €m H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA ©AGRANA 20 0 3 FY 2026|27 Outlook H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA EBIT 2026|27 Revenue 2026|27 21 Outlook for 2026|27 AGRANA Group • At Group level for the 2026|27 financial year, operating profit (EBIT) is expected to increase very significantly from last year, to a range of € 90 to 110 million • Group revenue is projected to show slight growth • Under the corporate strategy, AGRANA NEXT LEVEL, measures with a sustained annual savings impact of up to € 110 million are to be implemented in 2026|27 Forecast uncertainty and assumptions The above guidance assumes that the conflict in the Middle East is limited in terms of its duration and remains regional, supplies of energy and commodities are safeguarded and that there is no massive disruption to markets in the 2026|27 financial year. The intention is to take any significant price increases related to commodities and energy into account in new customer contracts. H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 22 Outlook for 2026|27 AGRANA Segments * These quantitative terms as used in this Outlook section are defined as specific ranges of percentage change; see the definit ion s on the “Disclaimer” page. FOOD & BEVERAGE SOLUTIONS Revenue Moderate increase * EBIT Moderate reduction * ACS – STARCH Revenue ➔ Steady* EBIT Significant increase * ACS – SUGAR Revenue Moderate reduction * EBIT Very significant improvement * H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 23 Outlook for the third quarter of 2026|27 AGRANA Group H1 26|27 Conf Call, 8 October 2026 Q3 2026|27 EBIT Q3 2025|26 (3 months ) EBIT: € 20.4 million EBIT for the third quarter of the 2026|27 financial year is projected to be very significantly above the prior - year quarter’s level.
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 24 Financial calendar 2026|27 and 2027|28 financial year H1 26|27 Conf Call, 8 October 2026 14 January 2027 Results for first three quarters of 2026|27 14 May 2027 Results for full year 2026|27 (annual results press conference) 21 June 2027 Record date for participation in Annual General Meeting 1 July 2027 Annual General Meeting in respect of 2026|27 6 July 2027 Ex -dividend date AGRANA Financial calendar: www.agrana.com/ir/calendar 7 July 2027 Record date for dividend 8 July 2027 Results for first quarter of 2027|28 9 July 2027 Dividend payment date 7 October 2027 Results for first half of 2027|28 13 January 2028 Results for first three quarters of 2027|28
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1/21/3 3/1 1/21/3 3/1 ©AGRANA ©AGRANA 25 H1 2026|27 Appendix H1 26|27 Conf Call, 8 October 2026
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 26 Consolidated income statement H1/Q2 2026|27 vs H1/Q2 previous year H1 26|27 Conf Call, 8 October 2026 €m (condensed) H1 2026|27 H1 2025|26 Q2 2026|27 Q2 2025|26 Revenue 1,700.2 1,691.6 844.9 811.4 EBITDA 1 110.4 106.1 51.2 53.7 Operating profit before except . items and results of equity -accounted JV 57.4 52.2 24.2 26.6 Share of results of equity -accounted JV 4.9 (3.4) 2.3 (1.8) Exceptional items 1.2 (20.8) 1.6 (2.5) EBIT 63.5 28.0 28.1 22.3 EBIT margin 3.7% 1.7% 3.3% 2.7% Net financial items (12.3) (19.7) (2.4) (8.6) Profit before tax 51.2 8.3 25.7 13.7 Income tax expense (13.7) (7.1) (7.4) (4.6) Profit for the period 37.5 1.1 18.3 9.1 Attributable to shareholders of the parent 37.5 (3.2) 18.3 6.8 Earnings/(loss) per share € 0.60 (€ 0.05) € 0.29 € 0.11 1 EBITDA represents operating profit before exceptional items, results of equity-accounted joint ventures, and operating depreciation and amortisation.
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 27 Net financial items | Tax Rate H1 2026|27 vs H1 previous year H1 26|27 Conf Call, 8 October 2026 €m H1 2026|27 H1 2025|26 Change Net interest expense (11.8) (12.5) +5.6% Currency translation differences 0.9 (6.5) +113.8% Other financial items (1.4) (0.7) –100.0% Total (12.3) (19.7) +37.6% €m H1 2026|27 H1 2025|26 Change Profit before tax 51.2 8.3 +516.9% Income tax expense (13.7) (7.1) –93.0% Tax rate [reported] 26.8% 85.5% –58.7pp
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 28 Consolidated cashflow statement H1 2026|27 vs H1 previous year H1 26|27 Conf Call, 8 October 2026 €m ( condensed ) H1 2026|27 H1 2025|26 Change Operating cash flow before changes in working capital 115.5 104.4 +10.6% Changes in working capital (29.9) 22.1 –235.3% Total in interest paid /received and tax paid (20.7) (23.3) +11.2% Net cash from operating activities 64.9 103.2 –37.1% Net cash ( used in) investing activities (74.1) (19.7) –276.1% Net cash from /( used in) financing activities 24.5 (89.1) +127.5% Net increase /( decrease ) in cash and cash equivalents 15.3 (5.6) +373.2% Free cash flow (9.2) 83.5 –111.0%
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 29 Consolidated balance sheet 31 August 2026 vs 28 Feb 2026 H1 26|27 Conf Call, 8 October 2026 €m ( condensed ) 31 Aug 2026 28 Feb 2026 Change Non -current assets 1,051.6 1,003.8 +4.8% Current assets 1,388.6 1,434.5 –3.2% Total assets 2,440.2 2,438.3 +0.1% Total equity 1,127.5 1,074.5 +4.9% Non -current liabilities 552.7 470.7 +17.4% Current liabilities 760.0 893.1 –14.9% Total equity and liabilities 2,440.2 2,438.3 +0.1% Equity ratio 46.2% 44.1% +2.1pp Net debt 464.1 421.0 +10.2% Gearing ratio 41.2% 39.2% +2.0pp
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1/21/3 3/1 1/21/3 3/1 ©AGRANA 30 Contacts H1 26|27 Conf Call, 8 October 2026 Investor Relations Mr. Hannes Haider Phone: +43 -1-211 37 -12905 Email: investor.relations@agrana.com AGRANA Beteiligungs -AG Friedrich -Wilhelm -Raiffeisen -Platz 1 1020 Vienna, Austria www.agrana.com AGRANA Investor Relations: www.agrana.com/investor-relations
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1/21/3 3/1 1/21/3 3/1 ©AGRANA This presentation is being provided to you solely for your information and may not be reproduced or further distributed to any other person or published, in whole or in part, for any purpose. This presentation comprises the written materials/slides for a presentation concerning AGRANA Beteiligungs-AG (“Company”) and its business. This presentation does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares in the Company, nor shall it or any part of it form the basis of, or be relied on in connection with, any contract or investment decision. This presentation includes forward-looking statements, i.e. statements that are not historical facts, including statements about the Company's beliefs and expectations and the Company's targets for future performance are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore investors should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update publicly any of them in light of new information or future events. Although care has been taken to ensure that the facts stated in the presentation are accurate, and that the opinions expressed are fair and reasonable, the contents of this presentation have not been verified by the Company no representation or warranty, express or implied, is given by or on behalf of the Company any of its respective directors, or any other person as to the accuracy or completeness of the information or opinions contained in this presentation. Neither the Company nor any of its respective members, organs, representatives or employees or any other person accepts any liability whatsoever for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection therewith. Modifier Visualisation Numerical rate of change Steady ➔ 0% up to +1%, or 0% up to –1% Slight(ly) or More than +1% and up to +5%, or more than –1% and up to –5% Moderate(ly) or More than +5% and up to +10%, or more than –5% and up to –10% Significant(ly) or More than +10% and up to +50%, or more than –10% and up to –50% Very significant(ly) or More than +50% or more than –50% Disclaimer Quantitative definitions of selected common modifying words used: 31H1 26|27 Conf Call, 8 October 2026