FY2020 Financial Results Celebrating 70 Years Of Innovation 25 June - PowerPoint PPT Presentation

FY2020 Financial Results Celebrating 70 Years Of Innovation 25 June 2020 SunRice (ASX:SGL/SGLLV) 1

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1990s 70 Years of Solomons Rice Company Limited (SolRice) is aquired to Innovation further expand markets for 1970s Riverina rice. A second mill opens in Deniliquin for brown 2005 Deniliquin Mill is built and rice only, which is later 2018 Growers vote to change the remains the largest rice mill upgraded to a brown and From the entrepreneurial spirit in the Southern Hemisphere co- operative’s structure. white rice mill. A and B Class shareholders of a group of Riverina rice RCL registers as a company today. A new speciality rice variety, vote to list SunRice on the ASX and changes its name to Koshihikari, is successfully in 2018, with the company growers pooling their money Ricegrowers Limited. It later developed and launched for being admitted to the Official lists on the NSX in 2007. the Japanese rice market. to fund a single rice mill in List of ASX Limited in 2019. 1950, to the truly global food 2010s 1993 Riviana Foods is group we are today, SunRice’s 1980s Brandon Mill in North aquired to diversify journey spans 70 years of Queensland is aquired to RCL’s investment supplement supply of Riverina Some RMB and RCM functions portfolio, including innovation. rice. Ricegrowers Singapore non-rice products. are amalgamated and RCM is Pte Ltd is incorporated to now known as Ricegrowers’ extend markets and global Co-operative Limited (RCL). 2000s Riviana Foods acquires Roza’s sourcing capabilities across RCL begins a program of 1880s 1950 Gourmet. SunRice acquires a Asia. 1970 diversification towards value SunRice becomes the new rice processing mill in Dong added products, including rice trading name for RCL and Trukai Industries Limited is Thap Province in Vietnam’s Introduction of rice seed The Ricegrowers’ Association cakes, rice bran and established in Papua New commissions a new Rice Flour 2012 into Australian gold fields (RGA) Central Executive Mekong Delta. horticultural products. Mill at Leeton. The Guinea (PNG) to extend by Chinese prospectors. forms the Ricegrowers’ SunRice hits $1 billion in 2019 construction of SunRice’s markets for Riverina rice. Co-operative Mills Limited Rice Research Australia Pty Ltd turnover in FY2012. Specialty Rice Foods plant for (hereafter, RCM), which (RRAPL) is established for the CopRice acquires the assets of microwave ready products in 1920s would later become RCL purposes of carrying out rice Australian rice bran manufacturer Leeton begins. and then SunRice. research and development FeedRite to expand its pet food 2016 and a Rice Cakes Plant is built capabilities. The Murrumbidgee at Leeton to manufacture Riviana Foods acquires Irrigation Area Ricegrowers’ 2020s 1950s value added rice products. Fehlbergs Fine Foods, with Co-operative Society and pickled onions representing rice industry infrastructure its core business. SunRice celebrates 70 years. are established. The Rice Mills are built at Leeton and CopRice converts Coleambally Marketing Board for the Coleambally, and the Co- 1977 Mill into a ruminant feed mill, the State of New South Wales operative launched its own CopRice is acquired largest of its kind in Australia. (RMB) is later formed in branded retail pack of to process and sell rice 1928. Sunwhite rice. milling by-products. 3

Results Snapshot Consolidated Group Revenue SunRice’s FY2020 Financial Results $1.13bn (5%) year-on demonstrate the Group’s continued -year focus on earnings diversification and resilience, as well as the agility developed in our people, supply Net Profit after Tax (NPAT) (31%) $22.7m chains and operations – key year-on highlights for the business include: -year Reiziq is a medium grain rice variety developed by Fully franked dividend SunRice to be grown in the temperate climate of the 33c No Change Riverina of New South Wales. per B Class share Crop, or C19 in this presentation, ‘crop year 2019’ and ‘CY19’ refer to rice crop harvested in 2019, but processed and marketed in FY2020. C19 paddy price $500 per tonne – fixed contract (Reiziq) 4