Announcement PDF ASX PFT● Pure Foods Tasmania AGM 2025 Annual General Meeting | 21 May 2026 Reset.Discipline.Growth. 7 Premium Brands 2,000 Retail Locations TAS Proudly Tasmanian ASX Listed Company | Pure Foods Tasmania Limited 21 May 2026 Who is PFT – Tasmanian Premium Food Platform Building Australia's premier food ecosystem with 8 premium brands ASX PFT ● Our Strategy Build Acquire & Scale Grow Organically Leverage Infrastructure Build, acquire, scale brands Creating a portfolio of premium Tasmanian food brands Increase distribution Expanding retail footprint across Australia and Internationally Leverage manufacturing infrastructure Utilising existing production capabilities 7 Premium Brands 2,000 Retail Locations TAS Proudly Tasmanian Our Brands 2 New Acquisitions Woodbridge Smokehouse Smoked Salmon Tasmanian Pâté Premium Pâtés Daly Potato Co. Potato Products Cashew Creamery Plant-Based Ice Cream Elato NEW Ice Cream Division Brilliant Food Australia NEW Premium Brand Homestead Pate Premium Pâtés ASX Listed Company | Pure Foods Tasmania Limited 21 May 2026 Why the AGM is Delayed & ASX & ASIC Compliance Transparent timeline and governance improvements ASX PFT ● Timeline Context August EGM Shareholder loan conversion, Capital Raise ✓ Completed Solution Period incl ASIC November → April ✓ Completed ASX Breach Incorrect allocation of shares and options identified Finalisation Required to finalise matters before AGM ASX and ASIC Feedback & Compliance Ongoing engagement Regular communication and compliance reporting Strengthening governance frameworks Enhanced internal controls and processes Focus on discipline and reporting Improved financial reporting standards ASX Listed Company | PURE FOODS TASMANIA LIMITED 21 May 2026 ✓ Completed ✓ Completed Cost Reductions & Key Actions Taken Operational improvements and strategic restructuring ASX PFT ● Cost Reductions & Learnings Removed unprofitable SKUs Streamlined product portfolio Reduced overheads Lowered operational expenses Fixed operational inefficiencies Optimised processes Addressed equipment issues Improved maintenance Managed freight and input cost pressures Key Actions Taken SKU rationalisation Streamlined product portfolio to focus on profitable items Team restructuring Optimised organisational structure for efficiency Reduced high-interest debt Improved financial position through debt reduction Simplified operations Streamlined processes and workflows ASX Listed Company | PURE FOODS TASMANIA LIMITED 21 May 2026 Path to Profitability Revenue growth and disciplined cost control driving improved financial outcomes ASX PFT ● ASX Listed Company | Pure Foods Tasmania Limited 21 May 2026 FY 24 FY 25 FY 26 FY 27 FY 28 AI-Enabled Sales & Marketing Real-time visibility across SKU performance, margins, and promotional effectiveness ASX PFT ● Dashboard Implementation Distributors & Partners Real-time visibility across all products ACTIVE Margin Analysis Live margin tracking by product ACTIVE Promotional Effectiveness ROI tracking for campaigns ACTIVE Sales Performance Dashboard Rebate Tracking Coles / Woolworths 98% Accuracy Key Benefits 10x Faster Decisions 90% Better Visibility 15% Cost Reduction This capability takes the business to another level operationally – enabling faster decision making, targeted sales execution, and better alignment between sales, production, and demand. ASX Listed Company | Pure Foods Tasmania Limited 21 May 2026 Elato Acquisition – Premium Ice Cream Platform Strategic acquisition bringing world-class IP and innovation capability in-house ASX PFT ● Infrastructure + IP = Opportunity Pre-Acquisition Context Founded by Roz Kaldor Aroni, a world-class developer who lacked manufacturing scale. We had significant ice cream equipment but needed category expertise. Elato outsourced production PFT lacked IP Strategic Rationale Perfectly aligns founder incentives with PFT shareholders. Unlocks premium product development and rapid category innovation. All-scrip transaction Capability brought in-house Platform Opportunities Creates a highly scalable platform for: Increased Utilisation Of existing manufacturing infrastructure Premium Retail High-margin branded products Contract Manufacturing Unlocking strong new pipeline Food Service & Innovation New channels and category expertise ASX Listed Company | Pure Foods Tasmania Limited 21 May 2026 Brilliant Food Australia – Strategic Brand Acquisition Premium Tasmanian seafood brand driving higher-margin revenue ASX PFT ● Pricing Power Products command premium retail pricing due to exceptional quality and strong Tasmanian brand equity. Strategic Journey Began as a contract manufacturing relationship in December; quickly transitioned to an acquisition. Manufacturing moved from high-cost Sydney to Woodbridge, significantly improving unit economics and margins. Drives increased utilization of existing PFT manufacturing infrastructure. Contract to Acquisition Production Relocated Facility Utilisation Growth Opportunities Secured deal with Costco for 350g Salmon Rillettes Expanding retail footprint through multiple independent grocers across the east coast Active discussions underway with large retail groups to scale the brand nationally. First order from Costco Received Victoria & Queensland Distribution Expansion into Majors Strategic Takeaway: "A strong example of PFT leveraging existing infrastructure to acquire higher-margin branded revenue." ASX Listed Company | Pure Foods Tasmania Limited 21 May 2026 Expanding Our Distribution Footprint National expansion across multiple channels and major retailers ASX PFT ● Major Retailer Momentum Strong product-market fit validation Stores 300 800 Broader Retail Footprint Costco Ranging secured. Strong fit for our premium and value-added product lines. Drakes Supermarkets Continued expansion across their regional independent supermarket network. IGA Rollout Potato & Gravy) Re-launching into the IGA network with multiple store groups already committed. Execution is now driving footprint growth ASX Listed Company | Pure Foods Tasmania Limited 21 May 2026 Questions & Answers Thank You