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STRAUSS GROUP Q2-2026 Financial Results Aug 12th , 2026 Strauss דנונה MK CAFE PREMIUM GOLD alpro SHHH THIS IS NOT M LK קה שיבולת שועל ester דוריטוס חמוץ חריף בטעם טבעי cow FREE 1031 DI 3.5 % Cappuccino CLASSIC 200 NX טיף תירס אבל סקי ג Fit alo OININ NIO Ink PSN נסעם pro
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Disclaimer GAAP to Non-GAAP Reconciliations This presentation does not constitute an offering to purchase or sell securities of Strauss Group Ltd. (the “Company”) or an offer for the receipt of such offerings. The presentation's sole purpose is to provide information. The Information provided in the presentation concerning the analysis of the Company's activity is only an extract, and in order to receive a complete picture of the Company's activity and the risks it faces, one should review the Company's reports to the Israel Securities Authority and the Tel Aviv Stock Exchange. The presentation may contain forward-looking statements as defined in the Israeli Securities Law, 5728-1968. All forward-looking statements in this presentation are made based on the Company's current expectations, evaluations and forecasts, and actual results may differ materially from those anticipated, in whole or in part, as a result of different factors including, but not limited to, changes in market conditions and in the competitive and business environment, regulatory changes, currency fluctuations or the occurrence of one or more of the Company's risk factors. In addition, forward-looking forecasts and evaluations are based on information in the Company’s possession while preparing the presentation. The Company does not undertake any obligation to update forward-looking forecasts and evaluations made herein to reflect events and/or circumstances that may occur after this presentation was prepared. Financial data is rounded to NIS millions. Percentages changes were calculated on the basis of the exact figures in NIS thousands. Changes are on a YoY basis, unless indicated otherwise. In addition to reporting financial results in accordance with generally accepted accounting principles (GAAP), the Company provides Non-GAAP operating results which include the results of jointly controlled entities as if they were proportionately consolidated. Strauss Group has a number of jointly controlled companies: the Três Corações joint venture (3corações) - Brazil (a company jointly held by Strauss Group (50%) and by the São Miguel Group (50%) in Brazil), Strauss Frito-Lay Ltd. (a 50%/50% JV with PepsiCo Frito-Lay in Israel). In addition, Non-GAAP figures exclude any share-based payments, mark to market of commodity hedging transactions as at end-of-period, certain other expenses or income and taxes referring to these adjustments and equity income/(loss) from incubator (The Kitchen Hub) activities and related tax effects from neutralizing these items, unless otherwise stated. When presenting growth % change without FX (Foreign Exchange) impact, it refers to: – Exclusion of translational impact of converting local currency results of International JVs and subsidiaries activities, into the Group’s reporting currency (NIS). Company Management believes that these measures provide investors with transparency by helping to illustrate the underlying financial and business trends relating to the Company's results of operations and financial position and comparability between current and prior periods. Management uses these measures to establish and monitor budgets and operational goals and to evaluate the performance of the Company. Please see the GAAP to non-GAAP reconciliation tables in the Company's MD&A Report for a full reconciliation of the Company's GAAP to non-GAAP results. 2
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Semi-annual dividend of NIS 180m announced, reflecting a dividend yield of ~2.7% on an annual basis Record EBIT of NIS 363m, up 42% with EBIT margin of 12.6%, reflecting solid profitability in both Strauss Israel and Coffee Int’l LFL sales declined 1.9% mainly due to lower coffee prices in Brazil (via 3corações1) Focus on core brands growth by introducing innovative products (i.e., launch of plant-based yogurts) Strauss Group 3 | Q2-2026 Summary Net income to shareholders of NIS 195m, up 113% y-o-y, combined with substantial FCF improvement of NIS 239m y-o-y 1 Três Corações - a joint venture Brazil jointly held by the Strauss coffee B.V. ( 50%) and by the São Miguel Group ( 50%). 2 Excluding divested activities and discontinued distribution of 3rd party products. Solid organic volume growth across all key business segments2
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Group Q2 & H1-2026 Financial Highlights | NIS m; Non-GAAP 1 FX (foreign exchange) – Excluding translational impact of converting local currency results of Int’l JVs and subsidiaries, into the Group’s reporting currency (NIS). 2 Net income attributable to shareholders of the Company. Q2-2026 Q2-2025 % change % change w/o 1 FX impact H1-2026 H1-2025 % change % change w/o 1 FX impact Net Sales1 2,867 3,073 -6.7% -1.9% 5,868 6,063 -3.2% 0.3% Gross profit 986 868 13.6% 17.6% 1,943 1,649 17.9% 20.9% Gross Margin 34.4% 28.3% 33.1% 27.2% EBIT 363 255 41.9% 47.3% 679 444 52.9% 57.5% EBIT Margin 12.6% 8.3% 11.6% 7.3% Net income2 195 90 113.3% 126.4% 376 171 119.3% 129.6% Net Margin 6.8% 3.0% 6.4% 2.8% EBITDA 472 359 31.7% 36.4% 895 649 37.9% 41.6% EBITDA Margin 16.4% 11.7% 15.2% 10.7% FCF 150 - 89 104 - 584
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Strauss Israel Highlights Highlights ■ Volume growth and flat organic Q2 sales.1 Strong EBIT growth led by productivity, FX and one-time insurance income ■ Health & Wellness - EBIT growth led by productivity, FX and mix, despite sales decline due to discontinuation of 3rd party products distribution ■ Fun and Indulgence (Snacks and Confectionery) - strong EBIT led by continued business turnaround and one-time insurance income ■ Coffee Israel - CTG exit impacted sales but higher profitability due to FX, productivity and mix Next Steps ■ Focus on plant-based innovation leveraging new Shaked factory, and next wave of productivity journey 1 Excluding CTG (Coffee-To-Go retail chain, divested as of June 2025) and discontinued 3rd party distribution activity. Q2-26 Performance by division (Non-GAAP, NIS m) Health & Wellness Fun & Indulgence Coffee Israel Sales 804 306 190 vs Q2-2025 806 301 212 EBIT 117 52 29 vs Q2-2025 113 1 21 %EBIT 14.6% 16.7% 15.4% vs Q2-2025 14.0% 0.5% 10.1%
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Israel Core Brands In Q2-2026 we continued to expand our core brands with a lineup of new product launches 6 C BRANDS RE Images for illustration purposes only
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7 Israel Brands survey 2026 9 brands among the top 100 brands in Israel #13 #32 #55 #44 #9 #39 #45 #17 #75 Source: Globes 2026 brand survey, www.globes.co.il
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Coffee International Highlights Highlights 8 ▪ Lower LFL sales driven by passthrough of lower green coffee cost in Brazil,1 partially offset by higher volumes ▪ Strong EBIT growth and margin improvement, driven by volume growth on lower green coffee cost ▪ Strengthening position in Brazil1 , Poland, Russia and Ukraine 1 Through 3corações – a joint venture in Brazil jointly held by Strauss Coffee B.V. (50%) and São Miguel Group (50%). 2 Announced March 17, 2026, closing expected by the end of 2026 subject to the satisfaction of conditions precedent. 3 CEE – Central and Eastern Europe includes activities in Poland, Romania, Ukraine and Russia. Next Steps ▪ 3Corações 1 – maintain leading market position and expand non-R&G categories in Brazil ▪ Yoki acquisition2 - expect closing in H2-2026 and move to integrate Yoki with 3corações ▪ CEE3- grow through market share and volume, expand to additional coffee categories Net sales Operating Income Operating margin 6.7% Coffee International Q2-2026 performance (Non-GAAP, NIS m) 1,536 1,334 Q2-2025 Q2-2026 102 148 Q2-2025 Q2-2026 11.1% Q2-2025 Q2-2026 3corações (Brazil) Q2-2026 Performance (Non-GAAP, 50%, NIS m) EBIT margin vs Q2-2025 EBIT vs Q2-2025 945 1,112 108 86 11.4% 7.7% Sales vs Q2-2025 growth excl. FX=
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Strauss Water Highlights ▪ Sales growth supported by higher install base in Israel and UK and sales recovery post Q1 war impact ▪ Improved EBIT mainly due to higher sales and operational productivity ▪ China sales growth (in local currency) helped maintain market leadership supported by mix and increased marketing efforts Highlights 9 Next Steps ▪ Continued focus on increasing new product share of total sales ▪ New HSW facility in China on track to commence production in H2-2026 and support capacity and growth Net sales +7.1% Operating Income Operating margin 12.1% 26 28 Q2-2025 Q2-2026 11.8% Q2-2025 Q2-2026 218 233 Q2-2025 Q2-2026 Strauss Water Q2-2026 performance (Non-GAAP, NIS m)
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Our Strategy – Double Down On The Core BRAZIL COFFEE & BEYONDSTRONGER HOME BASE FUTURE READY & RESILIEN T INTERNATIONAL WATER PLAYER 10
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K E Y I N I T I A T I V E S 11 O N T R A C K T O A C H I E V I N G N I S 300 - 400 M I N R U N R A T E S A V I N G S B Y 2026 STRATEGIC PROCUREMENT OPERATIONAL EXCELLENCE REVENUE GROWTH MANAGEMENT & MARKETING ROI CAPABILITY BUILDING AND MINDSET Productivity Journey
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REMINDER OF LONG TERM TARGETS as published in March 2024 T op-line Growth Playbook Expanding Margins Enhancing Cost Structure Productivity Investing In The Future Focusing on the Core 5% CAGR 2024-2026 10%-12% EBIT margin in 2026 300-400m NIS by 2026 CAPEX to reach 5%- 7% of sales 2024-2026 85% of total sales in 2026 12
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13 Holding our #1 position in food & beverages Climbing 5 places to #16 on the Best Places to Work list overall Rank Company BDI Top 100 01 Strauss 16 (+5) 02 Tnuva 36 (+1) 03 Soda Stream 43 (+4) 04 Osem 67 (-4) 05 CBC - 06 Unilever - 07 Tempo - T op Israeli companies in food, beverages & consumer goods The "BDI Top 100" column shows each company's position in the overall ranking of the best companies to work for (with YoY change in brackets). Companies ranked 5–7 in our sector did not make the Top 100 list at all. www.bdi.co.il BDI survey ( 2026) Results 43 2025 ESG Highlights ESG Rankings Reported Group-wide Scope 3 emissions 1 and initial climate risk mapping 48% women in management positions* 95% waste diverted from landfill New plant-based facility meeting LEED Gold standards 81% local suppliers 67% women on the Board 1excluding JV in Brazil AA ESG Highlights
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L TM KPIs and beyond … 14 What’s next? 1 Last 12 months figures exclude equity income/loss from The Kitchen Hub incubator activities and related tax effects Group strategy 2027- 2030 in line with the Visionary Goals Focus on financial discipline, cost efficiency and cash conversion Next productivity journey AI & Digital transformation initiatives underway Sales 12,507 EBITDA 1,480 11.8% margin EBIT 1,066 8.5% margin Net Income to Shareholders 496 4.0% margin FY-2025 Sales 12,312 EBITDA 1,726 14.0% margin EBIT 1,301 10.6% margin Net Income to Shareholders 701 5.7% margin L TM as of June 20261 NIS m; Non-GAAP
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Financial Results 15
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Strauss Group & Segment Sales Q2-2026| NIS m; Non-GAAP Strauss Group Q2 Sales Bridge: ■ Strauss Israel - sales decline impacted mainly by CTG divestment ■ Coffee International - Sales decline mainly due to FX1 translation impact and lower pricing following decline in green coffee cost, partially offset by volume growth ■ Strauss Water - Install base growth in Israel and sales mix ■ FX - Stronger shekel y-o-y impacted foreign operating activities 1 FX (foreign exchange) – Excluding translational impact of converting local currency results of Int’l JVs and subsidiaries, into the Group’s reporting currency (NIS).
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Strauss Group & Segment Sales H1-2026 | NIS m; Non-GAAP Strauss Group H1 Sales Bridge: ■ Strauss Israel - Sales growth driven by volume and pricing in 2025, despite CTG divestment ■ Coffee International - Sales impacted by declining selling prices following decline in green coffee cost and FX translation effect ■ Strauss Water - Install base growth in Israel, higher UK sales and enhanced sales mix ■ FX - Stronger shekel y-o-y impacted foreign operating activities 1 FX (foreign exchange) – Excluding translational impact of converting local currency results of Int’l JVs and subsidiaries, into the Group’s reporting currency (NIS).
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18 Strauss Group EBIT Q2-2026 | NIS m; Non-GAAP ▪ Strauss Israel – Higher EBIT supported by stronger shekel and productivity gains as well as one- time insurance income ▪ Coffee International – Strong profitability following lower green coffee costs, partially offset by higher S&M expenses ▪ Strauss Water – EBIT recovered following war impact in Q1-26 and solid Israel contribution, partially offset by lower HSW equity gains Strauss Group Q 2 EBIT Bridge: 1 +41.9% Strauss Group & Segments Q 2 EBIT and margin Q 2: 1 growth excl. FX= 255 245 363 63 56 2 (10) (3) EBIT Q2- 2025 Translation Differences EBIT Q2- 2025 excl. FX effect Strauss Israel Coffee Int'l Strauss Water Other EBIT Q2- 2026 8.3% 12.6% 255 135 102 26 363 198 148 288.3% 10.3% 6.7% 12.1%12.6% 15.2% 11.1% 11.8% Strauss Group Strauss Israel Coffee Int'l Strauss Water Q2-2025 Q2-2026 41.9% 53.5% 46.0% 44.3% 59.5% 4.9% 1 FX (foreign exchange) – Excluding translational impact of converting local currency results of Int ’l JVs and subsidiaries, into the Group ’s reporting currency (NIS) .
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444 431 679 125 136 (13) (7) (6) EBIT H1-2025 Translation Differences EBIT H1-2025 excl. FX effect Strauss Israel Coffee Int'l Strauss Water Other EBIT H1-2026 7.3% 11.6% 19 Strauss Group EBIT H1-2026 | NIS m; Non-GAAP ▪ Strauss Israel – EBIT increase led by sales growth, stronger shekel and productivity gains. Additionally, cocoa derivative loss in H1-25 and one-time insurance income in Q2- 26 ▪ Coffee International – Strong EBIT growth led by lower green coffee cost, partially offset by higher S&M expense ▪ Strauss Water – lower EBIT reflects war impact in Israel during Q1-2026 and lower HSW equity gains Strauss Group H 1 EBIT Bridge: 1 Strauss Group & Segments H 1 EBIT and margin H 1: 1 growth excl. FX= +52.9% 444 248 157 52 679 373 280 457.3% 9.1% 5.4% 12.3%11.6% 13.5% 10.5% 9.9% Strauss Group Strauss Israel Coffee Int'l Strauss Water H1-2025 H1-2026 52.9% 64.4% 50.5% 78.2% 94.1% -13.9% -13.6% 1 FX (foreign exchange) – Excluding translational impact of converting local currency results of Intl JVs and subsidiaries, into the Group ’s reporting currency (NIS) .
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171 376 235 (23) (5) (2) H1-2025 EBIT Finance exp. Taxes on Income Non-controlling Interest H1-2026 90 195 108 2 (3) (2) Q2-2025 EBIT Finance exp. Taxes on Income Non-controlling Interest Q2-2026 Strauss Group Q2-2026 & H1-2026 Net Income1 Strauss Group Q 2 Net Income bridge: NIS m; Non-GAAP 1 Net Income attributed to the Company ’s Shareholders. +113.3% 20 ▪ Strong Net Income growth driven by substantial EBIT increase, partially offset in H1 by higher finance and tax expenses Strauss Group H 1 Net Income bridge: +119.3%
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Strauss Group Q2 & H1- 2026 - Cash Flow NIS m; Non-GAAP 21 ▪ FCF improved substantially in Q2, driven by higher EBITDA, lower working capital increase, and lower capex ▪ FCF in H1 improved substantially, driven by higher EBITDA, lower working capital, lower financial payments and capex outflow timing -347 -495-495 -46 Q1-25 Q1-26 Operating Cash Flow Free Cash Flow FCF YoY Change (NIS m) Q1: +449 -296 -584 366 104 Operating Cash Flow Free Cash Flow H1-2025 H1-2026 OCF YoY Change (NIS m) H1: +662 FCF YoY Change (NIS m) H1: +688 FCF and OCF H 1: 51 -89 265 150 Operating Cash Flow Free Cash Flow Q2-2025 Q2-2026 OCF YoY Change (NIS m) Q2: +214 FCF and OCF Q 2: FCF YoY Change (NIS m) Q2: +239
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22 NIS m; Non-GAAP Strauss Group Net Debt and Net Debt /EBITDA 2,966 2,767 2,223 2,354 2,504 2.4x 2.1x 1.6x 1.5x 1.5x Q2-2025 Q3-2025 Q4-2025 Q1-2026 Q2-2026 Net Financial Debt Net Debt / EBITDA ▪ Net Debt/EBITDA y-o-y improvement due to robust EBITDA growth and working capital release ▪ GAAP Net Debt of NIS 2,387m as of June 30th, 2026; Net Debt/EBITDA ratio of 1.6x vs. 2.2x in Q2-2025
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23 Strauss Israel
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Strauss Israel Sales Q2-2026| NIS m; Non-GAAP Strauss Israel Q2 Sales bridge: ■ H&W1- Growth impacted by discontinued certain 3rd party products distribution, partially offset by pricing in 2025 ■ F&I1 (Snacks & Confectionery) - Growth driven by pricing in 2025, following raw materials cost increase ■ Coffee Israel - Excluding CTG2 divest in Q2-2025, Coffee Israel saw sales decline of 3.1%, among other due to timing of Passover 1 H&W – Health & Wellness; F&I – Fun & Indulgence. 2 CTG – Coffee-To-Go retail chain.
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Strauss Israel Sales H1-2026 | NIS m; Non-GAAP Strauss Israel H1-2026 Sales bridge: ■ H&W1- Volume-driven growth and pricing following regulated milk price changes, partially offset by discontinued 3rd party distribution ■ F&I1 (Snacks & Confectionery) - Growth driven by pricing in 2025 following raw material cost increase ■ Coffee Israel - Excluding CTG2 divestment, sales grew 3.5% following pricing in H2-2025 1 H&W – Health & Wellness; F&I – Fun & Indulgence (Snacks & Confectionery). 2 CTG – Coffee-To-Go retail chain.
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Strauss Israel & Segments EBIT Q2 & H1-2026 NIS m; Non-GAAP 26 Strauss Israel Q 2 EBIT & margins: ▪ Health & Wellness – Higher Q2 and H1 EBIT led by higher sales and productivity. ▪ Fun & Indulgence (Snacks & Confectionery) – Q2 EBIT growth driven by higher gross profit and one-time insurance income of NIS 27 million. H1 EBIT increase also benefited from derivative loss in corresponding period (Q1-2025)1 ▪ Coffee Israel – Stronger shekel, productivity and mix improvement led to solid EBIT growth 1 Loss from cocoa derivative of NIS 49m in Q 1-2025 . Strauss Israel H 1 EBIT & margins: 1 135 113 1 21 198 117 52 2910.3% 14.0% 0.5% 10.1% 15.2% 14.6% 16.7% 15.4% Strauss Israel Health & Wellness Fun & Indulgence Coffee Israel Q1-2025 Q1-2026 4.3% 35.0% 248 201 (15) 62 373 207 92 74 9.1% 13.0% -2.1% 13.2%13.5% 13.1% 12.5% 16.6% Strauss Israel Health & Wellness Fun & Indulgence Coffee Israel H1-2025 H1-2026 50.5% 3.3% 18.5% 714.8%
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Coffee International 27
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Strauss Coffee International Financial Highlights | NIS m; Non-GAAP 1 FX (foreign exchange) – Excluding translational impact of converting local currency results of Int’l JVs and subsidiaries, into the Group’s reporting currency (NIS). Q2-2026 Q2-2025 % change % change w/o FX impact H1-2026 H1-2025 % change % change w/o FX impact1 Net Sales 1,334 1,536 -13.1% -3.9% 2,656 2,924 -9.1% -2.2% Gross profit 366 298 22.7% 692 531 30.4% Gross Margin 27.5% 19.4% 26.0% 18.1% EBIT 148 102 44.3% 280 157 78.2% EBIT Margin 11.1% 6.7% 10.5% 5.4% EBITDA 168 124 34.7% 321 200 60.2% EBITDA Margin 12.6% 8.1% 12.1% 6.8%
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Strauss Coffee International Sales Q2-2026 | NIS m; Non-GAAP Strauss Coffee International Q2-2026 Sales Bridge: ■ 3cora^oes 1 - Sales declined due to stronger NIS vs BRL and lower pricing, partially offset by volume growth ■ CEE2 - Sales declined by 8.3% mainly due to stronger NIS vs all regions FX. LFL sales grew 6.4%, supported by volume growth in all regions, except Romania 1 3corações – Três Corações a joint venture in Brazil jointly held by Strauss Coffee B.V. (50%) and São Miguel Group (50%) 2 CEE- Central Eastern Europe includes activities in Poland, Romania, Ukraine Russia and NDKW ( 100% owned coffee manufacturing plant in Germany)
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Strauss Coffee International Sales H1-2026 | NIS m; Non-GAAP Strauss Coffee International H1-2026 Sales Bridge: ■ 3cora^oes 1 - Sales decline due to lower pricing and stronger NIS vs BRL, partially offset by volume growth ■ CEE2 - Sales decline driven mainly by stronger NIS vs all regions FX. LFL CEE sales growth was driven by volume and pricing 1 3corações – Três Corações a joint venture in Brazil jointly held by Strauss Coffee B.V. (50%) and São Miguel Group (50%). 2 CEE- Central Eastern Europe includes activities in Poland, Romania, Ukraine Russia and NDKW ( 100% owned coffee manufacturing plant in Germany).
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Três Corações Alimentos S.A. | GAAP 100%; BRL m Q2-2026 Q2-2025 % change H1-2026 H1-2025 % change Net Sales 3,247 3,537 -8.2% 6,338 6,818 -7.0% Gross profit 895 701 27.7% 1,640 1,194 37.5% Gross Margin 27.5% 19.8% 25.9% 17.5% EBIT 378 280 35.0% 686 376 82.6% EBIT Margin 11.6% 7.9% 10.8% 5.5% ■ Net sales decline reflected passthrough of lower green coffee costs, partially offset by higher volumes ■ Lower green coffee costs and sales execution led to higher gross profit while maintaining market leadership ■ Record second quarter EBIT following strong gross profit performance, partially offset by higher S&M cost 1 Três Corações – a joint venture in Brazil jointly held by Strauss Coffee B.V. (50%) and São Miguel Group (50%). Additionally, Strauss Group has a joint holding with São Miguel Group in Três Corações Imóveis, which has a negligible contribution to Strauss Group ’s consolidated Non-GAAP financial results. 2 Source: Três Corações Alimentos S.A. Consolidated Interim Financial Statements as of June 30, 2026.
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32 Strauss Water
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Strauss Water Financial Highlights | NIS m; Non-GAAP ■ Sales growth driven mainly by higher sales in Israel, UK and improved sales mix Q2-2026 Q2-2025 % change H1-2026 H1-2025 % change Net Sales 233 218 7.1% 453 424 6.8% Gross profit 120 108 11.7% 226 207 9.1% Gross Margin 51.6% 49.5% 49.9% 48.9% EBIT1 28 26 4.9% 45 52 -13.9% EBIT Margin 11.8% 12.1% 9.9% 12.3% EBITDA1 48 43 10.4% 84 85 -0.7% EBITDA Margin 20.4% 19.8% 18.6% 20.0% 1 EBIT & EBITDA include equity share in Haier Strauss Water (HSW) net income. 2 Haier Strauss Water (HSW) is a company jointly held by Haier (51%) and Strauss Group (49%), also includes expenses attributed to the additional manufacturing facility. ■ Gross profit increase supported by higher sales, productivity and stronger shekel ■ EBIT increase supported by higher gross profit and stronger shekel
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Haier Strauss Water1 Financial Highlights 100%; ¥m; Non-GAAP Q2-2026 Q2-2025 % change H1-2026 H1-2025 % change Net Sales 490 478 2.6% 988 934 5.8% Net Income 35 41 -14.3% 91 103 -12.4% Net Margin 7.1% 8.6% 9.2% 11.0% ■ Continued HSW sales growth, maintained market leadership supported by product launches, despite intense competition ■ Lower net income due to increased marketing efforts, and investments in new products 1 Haier Strauss Water (HSW) is a company jointly held by Haier (51%) and Strauss Group (49%), also includes expenses attributed to the additional manufacturing facility.
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Thank you 35 For further details please contact: Avshalom Shimi Phone: + 972-52-428-3330 | IR@Strauss-Group.com www.strauss-group.com
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36 Appendix ▪ GAAP to Non-GAAP reconciliation ▪ Currencies ▪ Commodities Market Prices
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37 GAAP to Non-GAAP Reconciliation Items ▪ Adjustments for IFRS 11 – transition from the equity method in the financial accounting (GAAP) reports to the proportionate consolidation method (according to the segmental information based on the Group’s internal management reports). Strauss Group has a number of jointly controlled companies: the T rês Corações joint venture (3corações) - Brazil (a company jointly held by Strauss Group (50%) and by the São Miguel Group (50%) in Brazil), Strauss Frito-Lay Ltd. (a 50%/50% JV with PepsiCo Frito-Lay in Israel). ▪ Mark-to-market at end-of-period of open positions in the Group in respect of financial derivatives used to hedge commodity prices and all adjustments necessary to delay recognition of most of the gains or losses arising from commodity derivatives until the date when the inventory is sold to outside parties and/or the financial derivative is exercised ▪ Additional adjustments for the management (non-GAAP) reports (share-based payment, valuation of hedging transactions, certain other expenses/income net and taxes referring to those adjustments)
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Q2 & H1-2026 GAAP and Non-GAAP | NIS m GAAP Non-GAAP GAAP Non-GAAP Q2-2026 Q2-2025 Change Q2-2026 Q2-2025 Change H1-2026 1-2025 Change H1-2026 H1-2025 Change Sales 1,843 1,875 -32 2,867 3,073 -206 3,829 3,762 67 5,868 6,063 -195 Gross Profit 726 583 143 986 868 118 1,377 1,195 182 1,943 1,649 294 Gross Margin 39.4% 31.1% 8.3ppt 34.4% 28.3% 6.1ppt 36.0% 31.8% 4.2ppt 33.1% 27.2% 5.9ppt Operating Profit 366 188 178 363 255 108 611 369 242 679 444 235 EBIT Margin 19.8% 10.0% 9.8ppt 12.6% 8.3% 4.3ppt 16.0%, 9.8% 6.2ppt 11.6% 7.3% 4.2ppt Net Profit to Shareholders 213 64 149 195 90 105 359 150 209 376 171 205 Net Margin 11.5% 3.4% 8.1ppt 6.8% 3.0% 3.8ppt 9.4% 4.0% 5.4ppt 6.4% 2.8% 3.6ppt Change in WC -172 -132 -40 -156 -194 38 -276 -445 169 -431 -811 380 Operating Cash Flow 146 20 126 265 51 214 303 -73 376 366 -296 662 CAPEX, net -98 -122 24 -115 -140 25 -230 -254 24 -262 -288 26 FCF 48 -102 150 150 -89 239 73 -327 400 104 -584 688 Net Debt 2,387 2,383 4 2,504 2,966 -462 2,387 2,383 4 2,504 2,966 -462
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Currencies Currencies vs. NIS Average currencies prices for the period Currency vs. NIS Q2-2026 Q2-2025 Change vs. LY YTD-Jun 2026 YTD-Jun 2025 Change vs. LY USD 2.96 3.58 -17.3% 3.04 3.60 -15.4% EUR 3.44 4.07 -15.3% 3.55 3.93 -9.8% GBP 3.97 4.79 -17.0% 4.09 4.67 -12.3% PLN 0.81 0.95 -15.1% 0.84 0.93 -9.9% RON 0.66 0.81 -17.9% 0.69 0.79 -12.1% RUB 0.04 0.04 -10.5% 0.04 0.04 -4.4% BRL 0.59 0.63 -7.5% 0.59 0.62 -5.6% UAH 0.07 0.09 -22.5% 0.07 0.09 -19.6% CNY 0.43 0.49 -12.2% 0.44 0.50 -10.7% Currencies vs. USD Average currencies prices for the period Currency vs. USD Q2-2026 Q2-2025 Change vs. LY YTD-Jun 2026 YTD-Jun 2025 Change vs. LY NIS 0.34 0.28 21.0% 0.33 0.28 18.3% EUR 1.16 1.13 2.4% 1.17 1.09 6.7% GBP 1.34 1.34 0.4% 1.34 1.30 3.6% PLN 0.27 0.27 2.7% 0.27 0.26 6.5% RON 0.22 0.23 -0.7% 0.23 0.22 3.9% RUB 0.01 0.01 8.3% 0.01 0.01 13.1% BRL 0.20 0.18 11.9% 0.19 0.17 11.6% UAH 0.02 0.02 -6.2% 0.02 0.02 -5.0% CNY 0.15 0.14 6.3% 0.15 0.14 5.6%
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40 Raw Materials Market Prices 1 1 Source: Bloomberg, Robusta coffee and cocoa are traded in London and Arabica coffee in New York. Change %H1-2026 average H1-2025 averageChange %Q2-2026 average Q2-2025 averageCategory -19%301 c/lbs370 c/lbs-22%284 c/lbs364 c/lbsArabica -27%3,714 $/T5,107 $/T-26%3,550 $/T4,768 $/TRobusta -16%429$/T509 $/T-11%438$/T493 $/TSugar -59%2,882 GBP/T7,104 GBP/T-55%2,938 GBP/T6,490 GBP/TCocoa -3%1,285 $/T1,320 $/T-16%1,320 $/T1,569 $/TSesame 1.2%2.47 ILS/L2.44 ILS/L-0.6%2.46 ILS/L2.47 ILS/LMilk (Israel)
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309 0 50 100 150 200 250 300 350 400 450 500 2021 2022 2023 2024 2025 2026 Arabica price, CT$/IB Commodities Price Development 2021-2026 1 Source: Bloomberg, Robusta coffee, and cocoa are traded in London and Arabica coffee in New York. As of Aug 2nd, 202641 COCOAROBUSTA ARABICA -55% Avg. Q2-26 vs. Q2-25 -22% Avg. Q2-26 vs. Q2-25 -26% Avg. Q2-26 vs. Q2-25 +167% 3,808 - 1,000 2,000 3,000 4,000 5,000 6,000 7,000 2021 2022 2023 2024 2025 2026 Robusta price, US$/T on +180% 3827 0 2000 4000 6000 8000 10000 12000 2021 2022 2023 2024 2025 2026 Cocoa price, GBP/Ton +122%