NOUMI LIMITED — Capital/Financing Update 2019

Jan 29, 2019

Freedom Foods Group Limited[ABN 41 002 814 235] 80 Box Road Taren Point NSW 2229 T: +61 2 9526 2555 www.ffgl.com.au /FreedomFoodsGroup

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30 January 2019

Company Announcements Office ASX Limited Level 4, 20 Bridge Street Sydney NSW 2000

Freedom Foods Group Limited Australian Fresh Milk Holdings Completion of Coomboona Dairy Acquisition

Freedom Foods Group Limited ( Freedom Foods or the Company ) (ASX: FNP) advises that Australian Fresh Milk Holdings ( AFMH ) completed the acquisition of the Coomboona Dairy operation in Northern Victoria.

The Coomboona Dairy operation will expand AFMH’s production platform in a renowned dairy farming region, providing the opportunity to leverage its integrated approach to deliver sustainable production of high quality milk, supporting a range of value added product opportunities.

AFMH currently operates a fully integrated dairy farming operation, Moxey Farms, located in the Lachlan Valley, New South Wales, 340 km west of Sydney.

With the acquisition of the Coomboona Dairy operation, AFMH will be the largest dairy producer in Australia with current operations forecasting to produce more than 150 million litres in 2019.

AFMH is a strategic partnership owned by the Moxey and Perich families and other shareholders including Freedom Foods Group. FNP has a 10% equity shareholding in AFMH.

Freedom Foods is now utilising a growing proportion of the dairy milk output from both Moxey Farms and Coomboona Dairy for its Australia’s Own Kid’s Milk and other dairy product formats.

As part of the acquisition, Freedom Foods contributed $4.6 million in equity funding, based on its 10% equity shareholding.

For further information, please contact:

Rory J F Macleod Managing Director and CEO Freedom Foods Group Limited +61 2 9526 2555

Media Enquiries: Ian Pemberton P&L Corporate + 61 402 256 576

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