CAMELLIA

INTERIM RESULTS

PRESENTATION

OCTOBER 2020

1

A GLOBAL GROUP WITH A FOCUS ON

AGRICULTURE

OPERATING

LARGEST

ACROSS 11

COUNTRIES

PRODUCER OF

AVOCADOS IN

KENYA

LARGEST PRIVATE PRODUCER OF TEA GLOBALLY WITH

57 TEA FACTORIES IN 4

COUNTRIES

78,000 EMPLOYEES

2% GLOBAL

WORLDWIDE

MACADAMIA

MARKET SHARE

2

OVERVIEW

  • Diversified international group
  • Focus on perennial crop production
  • World's largest private producer of tea
  • Long-termstrategy of crop and origin diversification
  • Investing in expansion of macadamia and avocado as well as trialling a potential fourth core crop
  • Enduring ESG commitment
  • Strong balance sheet; substantial net cash resources

Shumshernugger, Duncan Brothers

3

H1 2020 STRATEGIC

HIGHLIGHTS

  • Covid-19
  • Massive tea production in Kenya due to weather conditions and smallholders
  • Macadamia harvest substantially down
  • Substantial investment in crop and jurisdictional diversification in recent years mitigated weakness in global tea prices
  • Acquisition of land in South Africa and Tanzania and trials of blueberries and avocados at alternative site in Kenya provide long-term growth potential
  • Agreed sale of the Horizon Farm property in Q3

Mount Mulanje, Eastern Produce Malawi

4

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Camellia plc published this content on 02 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 October 2020 08:09:05 UTC