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WINGARA AG LTD Board/Management Information 2021

Jul 27, 2021

66071_rns_2021-07-27_024295a1-32e9-4026-8def-8e2f01c3725e.pdf

Board/Management Information

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Wingara AG: Resetting for sustainable growth David Christie - Chairman James Whiteside - CEO

Wingara AG Limited ACN 009 087 469

5-7 Leslie Road Laverton North VIC 3026

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sustainable platform for processing and marketing agricultural products.
A platform that can be built on.
1 2 3
For Customers
Receive
Process raw Logistics to Provide insights
in-demand, quality-
materials to move products and services
assured, Australian
products for worldwide for partners
products
export markets
Risk management framework
that unlocks value in Asian export markets
Ability to capitalise on opportunities that meet Asian demand for increased food security
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A diversified agricultural products platform.

WNR has built a sustainable platform for processing and marketing agricultural products.

For Primary Producers Connect primary producers with growing export markets

  • A highly scaleable model that unlocks value in Asian export markets

  • Ability to capitalise on opportunities that meet Asian demand for increased food security

Exciting potential for growth.

JC Tanloden is a leading export fodder producer in south-eastern Australia with production at two sites in northern Victoria.

  • The past three years have shown year-on-year growth in Australian hay exports.

  • 2020-21 is tracking 11% higher than the five-year average.

  • Since January, two months have set new export records, over 100,000 tonnes.

  • The strongest competition to Australian product in Asia comes from US alfalfa exports, for which there is similar demand in terms of volume.

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64% of alfalfa production in the USA currently falls within a drought-affected area.

Hay Exports – Cumulative Totals

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Sources: JumbukAg Export Hay Market Report June 2021

Making hay while the sun shines.

Global demand for hay imports is a story of growing dairy demand in Asia.

  • JC Tanloden currently exports to Japan, Korea and Taiwan, as well as China

  • Australia is exporting around US$300m of fodder to the north Asian markets of Japan, Korea, Taiwan and China each year

  • This leaves significant room for growth, through meeting increasing demand and taking US share

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Sources: JumbukAg Export Hay Market Report June 2021

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Growing from the ground up.

Solid foundation for growth:

  • New Board, CEO and Leadership Team

  • Profitability being restored by

  • exiting non-core businesses

  • focusing on how and where profit is generated

  • empowering the team and lifting productivity

  • Introducing principles of LEAN to drive process improvement and safety performance

  • Wingara is ASX listed, with strong support from shareholders who are looking to grow their exposure to agriculture

We are developing a new strategy that will:

  • Be driven by growing demand for value-added Australian agricultural products in Asia

  • Capitalise on Wingara’s strong export logistics and risk-management credentials

  • Draw on the experience and interests of our shareholders

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This announcement has been authorised for release by the Board of Directors of Wingara AG Limited.

For further information please contact: Ronn Bechler, Market Eye P: +61 (0) 400 009 774 E: ronn [email protected]