Slides
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11 PARTNERSHIPS THAT DELIVER FULL YEAR 2026 RESULTS S E P T E M B E R 2 2 , 2 0 2 6
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2 Forward-looking Statements This presentation contains forward-looking statements. These statements have been made by the Directors in good faith based on the information available to them up to the time of the preparation of this presentation. Due to the inherent uncertainties, including both economic and business risk factors underlying such forward-looking information, actual results may differ materially from those expressed or implied by these forward-looking statements. The Directors undertake no obligation to update any forward-looking statements contained in this presentation, whether as a result of new information, future events or otherwise.
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33 3 €100.7m Group Operating Profit +1.8% growth (+2.8% constant currency) 53.51c Adjusted EPS In line with guidance (+0.4% constant currency) €43.3m Free Cash Flow 87.7% Conversion Balanced Performance Growth in Latin America, Animal Nutrition and Living Landscapes balanced softer European agricultural markets Continued Strategic Progress Strong Financial Position Living Landscapes continued to grow organically and through benefit of prior year acquisitions, further broadening the Group’s earnings base Cash generation and balance sheet strength provide flexibility to invest in the business and deliver returns to shareholders F Y 2 6 H I G H L I G H T S Resilient performance in challenging operating environment
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Portfolio breadth provided balance Our diversification strategy has made significant progress over the past five years, in particular the establishment of a second core business, Living Landscapes. The benefit of this strategy was highlighted in FY26 with a resilient performance against a myriad of global challenges. Drought / cropping conditions Farm economics Input cost inflation / supply disruption Sector consolidation / market exits Supportive structural markets Organic Growth Acquisition Contribution O P E R A T I O N S A N D T R A D I N G R E V I E W Expanding agricultural production Volume growth Speciality nutrition and biologicals Brazil’s corporate insolvency rate at record highs EU RO P EA N AG RIC U LT U RE L AT IN A M ERICA L IV ING L A ND S CA P ES 4
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55 Sean Coyle CHIEF EXECUTIVE OFFICER AGRICULTURE
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S U STA INA B L E AG RO NO MY #1 player in UK c.35% market share 260+ advisors #2 player in RO c.15% market share #3 player in PL c.12% market share S O IL NU T RIT IO N #1 player in UK & IRE c.27% market share 2m tonnes sold p.a. Top 5 player in Brazil c.5% market share A NIM A L NU T RIT IO N #1 player in IOI c.50% market share Benefit of portfolio helping to sustain year-on-year Group contribution from Agriculture. Growth in Latin America and Animal Nutrition (wholly owned and JV contribution). Lower profitability in European Agriculture. Scale, Market Position, and Technical Capability AGRICULTURE PERFORMANCE OVERVIEW FY26 Revenue €’m FY26 Operating Profit1 €’m FY26 Operating Margin % FY25 Revenue €’m FY25 Operating Profit €’m FY25 Operating Margin % Ireland / UK 1,215.1 41.6 3.4% 1,231.1 43.8 3.6% Continental Europe 561.8 15.6 2.8% 563.1 16.6 3.0% Latin America 142.3 14.6 10.2% 128.5 13.0 10.1% Total 1,919.2 71.8 3.7% 1,922.7 73.4 3.8% Associates and JV PAT 11.2 9.0 Agriculture Contribution 83.0 82.4 6 A G R I C U L T U R E
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Sustainable Agronomy › Increased winter cropping base (+3% to 1.71 ha) › Dry spring/summer reduced crop development and crop protection demand › Farm economics influenced purchasing and mix, with subdued grain and oilseed prices not keeping pace with higher inputs costs globally Soil Nutrition › Good performance driven by effective procurement/inventory management › Supply maintained despite market disruption › Volumes behind PY across Ireland and UK, reflecting dry growing conditions and constrained farm economics Animal Nutrition › Strong performance across feed businesses › Associate/JV contribution +23.9% › Demand remaining strong. Higher supplementary feed demand as a result of prolonged dry weather Operating Profit FY26 €41.6m 53.6 20.5 33.2 85.7 46.7 39.0 43.8 41.6 2019 2020 2021 2022 2023 2024 2025 2026 OPERATIONAL REVIEW Change on prior year FY26 €’m FY25 €’m Change Constant Currency3 Revenue 1,215.1 1,231.1 (1.3%) 1.2% Operating profit1 41.6 43.8 (5.1%) (3.0%) Operating margin1 3.4% 3.6% (20bps) (20bps) Associates and joint venture² 11.2 9.0 23.9% 25.7% ¹Before amortisation of non-ERP intangible assets and exceptional items ²Profit after interest and tax before exceptional items ³Excluding currency movements A G R I C U L T U R E Ireland and UK Trading Review 7
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Continental Europe Trading Review Poland › Stable cropping base (9.0m Ha) › Lower grain prices / elevated input costs › CPP volumes increased Romania › Planted area c.8.3m ha; winter planted area +6% › Volume growth in seed, crop protection and fertilizer › Farm economics remain constrained › Higher credit risk provisions › Evidence of increased financial pressure among market participants Operating Profit FY26 €15.1m OPERATIONAL REVIEW 13.9 13.2 15.7 14.8 15.8 16.5 16.0 15.1 2019 2020 2021 2022 2023 2024 2025 2026 Change on prior year FY26 €’m FY25 €’m Change Constant Currency2 Revenue 561.8 563.1 (0.2%) 1.0% Revenue (excl. crop marketing) 411.1 409.2 0.5% 2.1% Operating profit1 15.6 16.6 (6.0%) (4.9%) Operating profit1 (excl. crop marketing) 15.1 16.0 (5.2%) (4.0%) Operating margin1 2.8% 3.0% (20bps) (20bps) Operating margin1 (excl. crop marketing) 3.7% 3.9% (20bps) (20bps) ¹Before amortisation of non-ERP intangible assets and exceptional items 2Excluding currency movements Adjuvant products launched 2026 A G R I C U L T U R E 8
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Fortgreen & F1rst Agbiotech Market › Brazil’s soybean harvest c.180m tonnes (+5% YoY), expanding planted area supporting sector growth › Improving volume trends despite customer/farmer credit constraints and supply chain interruptions › Record level of sector bankruptcies Operating Profit FY26 €14.6m OPERATIONAL REVIEW 8.1 7.1 6.3 9.7 15.7 15.1 13.0 14.6 2019 2020 2021 2022 2023 2024 2025 2026 Change on prior year FY26 €’m FY25 €’m Change Constant Currency2 Revenue 142.3 128.5 10.7% 8.1% Operating profit1 14.6 13.0 12.5% 9.8% Operating margin1 10.3% 10.1% 20bps 20bps ¹Before amortisation of non-ERP intangible assets and exceptional items 2Excluding currency movements › Volume growth of 4.3% - Broad-based across portfolio, led by Controlled-Release Fertilisers, Adjuvants and Biologicals A G R I C U L T U R E Latin America Trading Review FY26 Product Launches 9
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1010 LIVING LANDSCAPES TJ Kelly DIVISIONAL MANAGING DIRECTOR
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L I V I N G L A N D S C A P E S Comprehensive Solutions in a Fragmented Market Our Living Landscapes segment offers future-ready products, services, and advice across the Sports, Landscapes, and Environmental sectors. Seeds, irrigation systems, nutrition, and protection solutions Line marking paint and equipment Services tailored for parklands and recreation spaces Land management/development Restoration/conservation services Planning consultancy Habitat management Ecological assessments Professional grade landscaping materials and garden supplies Ground materials, reinforcement systems, and related solutions Sustainable drainage solutions Wide selection of plants, trees, and shrubs S P O RTS ENV IRO NM ENTA LL A ND S CA P ES 11
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Sports › Organic growth › Linemark International acquired post year-end › Elixir integration › Broader international reach Environmental › Organic growth › Ecology acquisitions performing well › Lighthouse Development Consulting acquired post year-end › Common ERP/project-management platform in FY27 Operating Profit FY26 €17.7m OPERATIONAL REVIEW 5.2 4.9 5.4 8.8 11.1 11.9 16.6 17.7 2019 2020 2021 2022 2023 2024 2025 2026 Change on prior year FY26 €’m FY25 €’m Change Constant Currency2 Revenue 199.0 186.4 6.8% 9.8% Operating profit1 17.7 16.6 7.1% 10.4% Operating margin1 8.9% 8.9% - bps - bps ¹Before amortisation of non-ERP intangible assets and exceptional items 2Excluding currency movements › 200% growth in operating profit over 5-year strategy period through organic growth and M&A › Living Landscapes now represents c.20% of Group operating profit Strategic progress Landscapes › Shortened tree planting season in FY26 › Market trends support future growth › Integrated customer proposition through Origin Green-tech with BHT and Groundtrax brands 12 L I V I N G L A N D S C A P E S Trading Review
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1313 FINANCE REVIEW Colm Purcell CHIEF FINANCIAL OFFICER
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1414 Financial Summary FY26 €2,118.2m REVENUE FY25: €2,109.1m (+2.3% on a constant currency basis) Driven by: -1.5% volume reduction +3.1% pricing impact +0.7% acquisition contribution +0.4% €89.5m OPERATING PROFIT FY25: €90.0m (+0.5% on a constant currency basis) -0.5% Agriculture businesses, on a constant currency basis -1.2% Living Landscapes, on a constant currency basis +10.1% €11.2m ASSOCIATES AND JOINT VENTURE FY25: €9.0m 4.2% OPERATING MARGIN FY25: 4.3% 53.51c ADJUSTED EPS FY25: 54.21c Growth in share of Profit After Tax Strong performance, reflecting consistent feed demand across core markets Principally due to reduction in Agriculture margin by 10bps to 3.7% (FY25: 3.8%). Living Landscape margin maintained at 8.9%. -10bps (+0.4% on a constant currency basis) -1.3% F I N A N C I A L R E V I E W 14 23.9%
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1515 €77.8m Net Debt 0.71xNet Debt/EBITDA €43.3m Free Cash Flow 87.7%Conversion €440m RCF extended to 2031 15 Cash Generation and Balance Sheet F I N A N C I A L R E V I E W
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1616 Working Capital and ROCE F I N A N C I A L R E V I E W €26.4m Working-capital outflow Drivers › Inventory positioning / supply-chain disruption › Higher commodity prices › CBAM preparation › €5.1m previously suspended supplier payment 10.9% ROCE › Below 12–15% target range, reflecting higher average capital employed, principally Agriculture inventory. 16
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1717 17 Cumulative Group Operating Profit FY22 – FY26 Cumulative cash generation in line with ambition 2022 CMD ambition FY22 – FY26 delivered €415m €474.2m 2022 CMD ambition FY22 – FY26 delivered €325m €324m Cumulative Free Cash Flow Generation FY22 – FY26 Cumulative Operating Profit at 114% of ambition Five Years of Delivery F I N A N C I A L R E V I E W Operating profit ambition exceeded, supported by consistently strong cash conversion
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1818 Cash Deployment Overview F I N A N C I A L R E V I E W 18 Cash generation has supported investment in the business while delivering meaningful shareholder returns RETURNED TO SHAREHOLDERS STRATEGIC CAPITAL INVESTMENT M&A €172m Dividends Buybacks R E T U R N I N G V A L U E I N V E S T I N G I N T H E P L A T F O R M B R O A D E N I N G T H E G R O U P €124m Capacity Capability R&D ERP €99m Scale Capability Diversification €324m Cumulative free cash generation FY22 – FY26 Strong cash conversion and financial flexibility
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1919 STRATEGY UPDATE Sean Coyle CHIEF EXECUTIVE OFFICER
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A Different Business Today Increasingly complex choices around land use, regulation and returns are driving demand for a broader range of solutions. >€100m SCALE Group Operating Profit c.20% DIVERSIFICATION Living Landscapes contribution to Group Operating Profit GEOGRAPHY Ireland/UK Agriculture a smaller, more consistent profit contributor, with CE, Latam and Living Landscapes providing greater portfolio balance WELL INVESTED CAPITAL BASE New capability in Research + Digital + Biologicals + Nature Based Solutions 20 S T R A T E G Y U P D A T E
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21 Productivity Farm economics Climate adaptation Biologicals & specialty nutrition Digital decision support AG RIC U LT U RE L A ND U S E Infrastructure investment Environmental regulation Biodiversity Urban greening Sports & recreation 21 Our Markets are Evolving Increasing complexity is raising the value of specialist knowledge, products and services across land use. S T R A T E G Y U P D A T E
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22 Positioned for the Next Phase Capital Markets Day 2026 N O V E M B E R 1 7 , 2 0 2 6 C R A V E N C O T T A G E , L O N D O N Strategy Growth Opportunities Financial Ambitions Capital Allocation Strengthen Agriculture Market leadership Technical differentiation Higher-value portfolio Scale Living Landscapes Organic growth Integration Complementary M&A Convert growth into value Cash generation Returns Capital efficiency 22 S T R A T E G Y U P D A T E
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2323 Summary FY26 performance demonstrates the strength and diversity of the Group Five-year operating profit ambition exceeded Strong cash generation has supported investment and shareholder returns Well invested platform for the next phase of value creation Capital Markets Day on November 17, 2026 23
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originenterprises.com
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2525 APPENDIX Preliminary Results FY26
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FY26 €’m FY25 €’m Change Group revenue 2,118.2 2,109.1 9.1 Operating profit Agriculture Living Landscapes 71.8 17.7 73.4 16.6 (1.6) 1.1 Operating profit 89.5 90.0 (0.5) Associate and joint venture 11.2 9.0 2.2 Total group operating profit 100.7 99.0 1.7 Amortisation of non-ERP intangible assets, net of tax (9.1) (9.9) 0.8 Finance costs, net (22.6) (20.0) (2.6) Profit before tax 69.0 69.1 (0.1) Taxation (17.6) (18.5) 0.9 Profit for the financial year – pre-exceptional 51.4 50.6 0.8 Exceptional items, net of tax (4.5) 2.1 (6.6) Profit for the year 46.9 52.7 (5.8) Adjusted diluted EPS cent per share 53.51 54.21 (0.70) Summary Income Statement FY26 P R E L I M I N A R Y R E S U L T S F Y 2 6 26
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FY26 €’m FY25 €’m Cash flow from operating activities 123.3 121.4 Change in working capital (26.4) (17.8) Interest and tax (34.5) (27.2) Cash flow from ongoing operating activities 62.4 76.4 Exceptional and once off items (6.7) (4.3) Net cash flows from operating activities 55.7 72.1 Dividends received 10.7 12.6 Capital expenditure (29.4) (29.5) Proceeds from sale of plant and equipment 2.2 2.8 Acquisition expenditure (6.5) (17.8) Put option (0.4) - Share buyback - (1.9) Dividend paid (18.6) (17.8) Lease payments (19.6) (18.0) Proceeds received from non-controlling interests 0.9 - Other (0.4) (0.6) (Decrease)/Increase in cash (5.4) 1.9 Opening net debt (70.8) (71.7) Translation (1.6) (1.0) Closing net debt (77.8) (70.8) Summary Cash Flow FY26 P R E L I M I N A R Y R E S U L T S F Y 2 6 27