The TOMRA Transformation Journey

TRANSACTION RATIONALE ELABORATED Attractive Market • Complimentary geographical footprint Application fit expansion • Confirming our leading position in food Lane sorting is a fast-growing adjacent segment with a ~8% historical CAGR and strong future outlook Key market trends drive further growth, especially in the developing markets as a substitute for manual labor as we see wages increase • The industry is yet to mature and fully industrialize • • Geographic expansion: Utilizing the different footprint and strengths in certain markets Stronger in China together . • . TOMRA is currently present in processed fruit and vegetables, Compac serves as a "natural" expansion also into fresh fruit Lane and Bulk Sorting cater to same client needs, but offers complimentary functionality Possibility to create a comprehensive Food Sorting solution provider First mover advantage in combining Lane and Belt sorting: TOMRA to be the first company, which is active in all technology platforms used for sensor-based sorting of Food • Potential in data capability, IoT and solution development • Combine current offering: Bulk presorter in front of lanes Mutual benefits • • Potato business: Utilizing TSS strength in potatoes and the upcoming demand for sizing Complimentary fit within food traceability and food safety (emerging demand) Strong potential. Ongoing and planned business improvement initiatives and funding to get in shape • Strong brand name, recognized as the technology leader (Spectrim) Why Compac . Established complimentary footprint in the US, NZ, Australia and Latin America • Good platform for growth TOMRA 49

View entire presentation