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SUNTORY BEVERAGE & FOOD Financial Results for Q2 Year Ending December 31 , 2026 August 6 , 2026 Suntory Beverage & Food Limited © 2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved .
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 2 Key Points of Results for Q2 YTD FY2026 Revenue increased, driven primarily by higher sales volume of core brands and new products. Group-wide revenue progressed ahead of the full-year forecast announced in February 2026, driven by proactive marketing investments, price revisions, in addition to foreign exchange impacts. Revenue Operating Income Income increased as higher revenue and foreign exchange impacts offset higher costs and proactive investments. Group-wide income progressed ahead of the full-year forecast, driven by revenue growth and foreign exchange impacts, which offset higher costs, including those driven by the Middle East situation, and proactive marketing investments. Continued to achieve revenue growth in Q2 driven by sales volume expansion. Steadily generated near-term results while reinforcing the business foundation for future growth. * Organic basis, including foreign exchange effects
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 3 Financial Results for Q2 YTD FY2026 1H FY2025 1H FY2026 Change (incl. currency effect) Change (currency neutral) YoY %YoY YoY %YoY Revenue 806.4 899.9 93.5 11.6% 46.1 5.4% Operating Income 71.8 74.0 2.1 3.0% -4.2 -5.4% Non-recurring Items -2.6 -2.4 0.2 - 0.7 - Operating Income (Organic basis*1) 74.5 76.4 1.9 2.6% -4.9 -6.0% Net Income*2 41.1 42.1 0.9 2.3% -2.8 -6.3% (JPY BN) *1 Extraordinary factors and profit/loss impact from transferred business deducted from operating income *2 Profit attributable to owners of the Company
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 4 Financial Results for Q2 YTD FY2026 (by Segment) – Organic basis Organic basis: Revenue excludes revenue from transferred business. Segment profit excludes extraordinary factors and profit/l oss impact from transferred business. Segment ProfitJapan 18.3 21.3 3.1 16.8% - - Europe 32.4 32.5 0.1 0.2% -3.8 -10.5% Asia 20.0 20.1 0.1 0.3% -1.8 -8.2% Oceania 4.7 5.6 1.0 20.7% 0.0 0.2% Americas 10.4 10.3 -0.1 -1.2% -0.8 -7.3% Reconciliation -11.2 -13.3 -2.1 - -1.5 - Total 74.5 76.4 1.9 2.6% -4.9 -6.0% 1H FY2025 1H FY2026 Change (incl. currency effect) Change (currency neutral) YoY %YoY YoY %YoY Revenue Japan 344.2 360.1 15.9 4.6% - - Europe 189.3 211.9 22.7 12.0% -1.6 -0.7% Asia 150.3 169.6 19.3 12.9% 7.0 4.3% Oceania 35.4 60.0 24.6 69.7% 19.7 49.0% Americas 87.3 98.2 10.9 12.5% 5.1 5.5% Total 806.4 899.9 93.5 11.6% 46.1 5.4% (JPY BN)
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 5 Expanding brand value Expanding value creation beyond core categories Review on 1H FY2026 - Strengthening core brands and creating new value Enhancing brand value Expanding consumer touchpoints by leveraging global events Lucozade Sport “Jude Ice Kick” (UK) Schweppes×Roland Garros (France) “BOSS Coffee Energy” (Vietnam) *Coffee energy drink “NOPE Guilty CSD” (Japan) “Suntory Hy! Water Lock” (Thailand) *Applying Japan's GREEN DA・KA・RA fluid-retention technology Unprecedented value propositions Uncovering latent needs to create new beverage experiences “LOCOMORE WATER” “Sesamin 1000” (Japan) Strengthening core brands and creating new value Creating everyday health value Addressing health needs by leveraging group technologies and expertise Redefining the value of hydration Leveraging Japan’s existing technologies to pioneer new markets Strengthened our brand foundation and created diverse growth opportunities, based on a deep understanding of consumers.
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 6 Review on 1H FY2026 – Structural transformation and strategic CAPEX Steady progress in structural transformations and strategic CAPEX. Strengthened the foundation to support future growth and near-term value creation. Strategic CAPEXStructural transformation of the vending machine business Completion of the Tay Ninh plant* in Vietnam *Formerly Long An plant Enhancing supply capacity and lean operation Expanding production capacity while realizing automation and digitalization. Making progress in reinforcing our supply foundation in anticipation of future demand. Automated product transport using Automated Guided Vehicles (AGVs) Fully automated warehouse covering all processes from storage to shipping Strengthening Competitiveness Through a Key Consumer Touchpoint Vending machine channel remains solid, supported by continuous execution of multiple initiatives. Further enhance its value as a crucial customer touchpoint. Enhancing user convenience and strengthening customer touchpoints Expanding product lineup, including vending machine-exclusive offerings Developing and rolling out corporate services Operational innovation
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 7 Our policy remains unchanged - driving sales volume growth through value creation via proactive investments. We remain committed to achieving our full-year forecast. • Impacts materialized from Q2, with a group-wide impact of approximately 6.0 billion yen in 1H. • Mainly affecting crude oil-derived packaging materials, energy costs, and transportation costs. • For 2H, assuming current market conditions persist through the end of 2026, we estimate a group-wide impact of approximately 8.0 billion to 12.0 billion yen. • Implementing mitigating measures across all segments to minimize the impact. Impacts of the Middle East situation Toward 2H FY2026 - Overview
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 8 Toward 2H FY2026 – Specific actions Accelerating initiatives to capture peak-season demand. Core Brands Strengthening Strategic CAPEX Structural Transformation New Value Creation • Full-scale utilization of the supply infrastructure we have invested in • Improving productivity through continuous operational enhancements • Advancing consumer-centric management • Enhancing cross-business value creation capabilities • Fostering new products to drive market penetration and establish presence • Global roll-out and expansion • Sustained brand value enhancement • Driving product strategies to enhance profitability
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 9 Toward Medium to Long-Term Growth Our Vision A global beverage company growing worldwide through locally rooted value creation • Anticipating market changes early and dynamically allocating company-wide resources • Developing and nurturing products and brands based on local consumer insights • Continuously evolving our locally driven management model • Establishing a unique competitive advantage in the global beverage market
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. Supplementary Information by Segment
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 11 While the beverage market was estimated at 98% of last year, SBF was in line with expectations at 102%, driven by core brands and new products such as NOPE Guilty CSD. Revenue %YoY Segment Profit %YoY Incl. currency effect Currency neutral Incl. currency effect Currency neutral 360.1 BN 4.6% － 21.3 BN 16.8% － Revenue grew as expected, driven by sales volume growth of core brands and new products, along with the impact of the October 2025 price revision. Profit growth exceeded expectations, as revenue gains and disciplined marketing investment offset higher raw material and logistics costs, including those driven by the Middle East situation. Sales Volume Revenue Segment Profit Japan: Financial Results for Q2 YTD FY2026 – Organic basis Organic basis: Revenue excludes revenue from transferred business. Segment profit excludes extraordinary factors and profit/l oss impact from transferred business.
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 12 Although impacted by price revisions, volume growth driven by core brand strengthening and new product launches contributed to year-on-year profit growth, with performance progressing in line with expectations. Sales volume Japan: Segment Profit Bridge for Q2 YTD FY2026 – Organic basis Despite price-led improvements in unit prices and lower manufacturing and inventory-related costs resulting from higher sales volumes, profit exceeded the prior year but came in slightly below expectations due to increased activity expenses reflecting the competitive environment. Activities /Mix Despite higher raw material, manufacturing and logistics costs, which were a headwind to profit versus the prior-year period, overall performance remained in line with expectations. Raw material and logistics Sales promotion & advertising Expenses remained at the prior-year level and were lower than planned due to careful review of investment scope and execution timing, while continuing essential investments. 18.3 21.3 FY2025 Jan-Jun FY2026 Jan-Jun Sales volume +3.8 Activities /Mix +9.3 Sales promotion & advertising +0.0 Other +0.2 Raw material and logistics -10.2 Gross Profit +13.1 （*1） Other Administrative and other expenses decreased slightly year on year, in line with expectations. (JPY BN) Organic basis: Revenue excludes revenue from transferred business. Segment profit excludes extraordinary factors and profit/l oss impact from transferred business. (*) Gross Profit excluding impact of raw material and logistics costs
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 13 Organic basis: Revenue excludes revenue from transferred business. Segment profit excludes extraordinary factors and profit/l oss impact from transferred business. Europe: Financial Results for Q2 YTD FY2026 – Organic basis (*1) UK and Ireland (*2) Spain and Portugal YoY (currency neutral)Revenue Sales volume declined despite the positive impact of marketing investments linked to a major sporting event, reflecting a delayed recovery following last year’s sugar tax increase and weak consumer demand. Despite the impact of unfavorable weather conditions at the beginning of the year, sales volume remained solid, supported by the benefits of proactive marketing investments. Despite unfavorable weather conditions and the contraction of the tonic category, volume growth was supported by portfolio expansion initiatives such as Schweppes fruit-flavored carbonated beverages. France Spain UK （*1） Revenue Sales volume fell slightly below the previous year, affected by a delayed recovery from the sugar tax impact in France and unfavorable weather conditions early in the year in the UK and Spain; however, revenue grew and exceeded expectations, supported by favorable foreign exchange effects. Revenue %YoY Segment Profit %YoY Incl. currency effect Currency neutral Incl. currency effect Currency neutral 211.9 BN 12.0% -0.7% 32.5 BN 0.2% -10.5% Segment Profit （*2） Despite favorable foreign exchange effects, segment profit was below expectations and remained flat year on year, reflecting the impact of France's sugar tax increase and continued significant marketing investments in core brands across markets. Revenue France Spain UK （*1） （*2） Currency neutral Incl. currency effect 73.4 BN 67.8 BN 35.8 BN -6.6% 4.4% 0.9% 6.3% 15.8% 14.7%
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 14 Organic basis: Revenue excludes revenue from transferred business. Segment profit excludes extraordinary factors and profit/l oss impact from transferred business. Revenue %YoY Segment Profit %YoY Incl. currency effect Currency neutral Incl. currency effect Currency neutral 169.6 BN 12.9% 4.3% 20.1 BN 0.3% -8.2% Revenue Marketing investment was in line with expectations, while delivering above-target results for key brands such as Pepsi-Cola, driving strong sales volume growth. Asia: Financial Results for Q2 YTD FY2026 – Organic basis Despite intense competition in the core carbonated beverage category, sales volume grew, driven by marketing investments and price and volume offerings tailored to shifting consumer environments. While sales remained solid supported by marketing activities centered on functional appeal, performance was impacted by a decrease in sales volume for certain export shipments outside Thailand. Segment Profit Health Supplement Beverage (Thailand) (*) Thailand and Indochina Peninsula Although market environments remained challenging mainly in Vietnam, revenue grew and exceeded expectations, supported by sales volume expansion driven by proactive and effective marketing investments, alongside favorable foreign exchange effects. Despite the impact of the sugar tax increase in Thailand from April 2025 and additional marketing investments in response to the competitive environment, segment profit exceeded expectations and remained in line with the previous year, primarily due to revenue growth in Vietnam and favorable foreign exchange effects. YoY (currency neutral)Revenue Currency neutralRevenue 76.8 BN 8.7% 61.7 BN 4.7% 20.9 BN -2.3% Beverage (Vietnam) Health Supplement Beverage (Thailand) Incl. currency effect 13.6% 16.5% 8.7% （*）
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 15 Revenue %YoY Segment Profit %YoY Incl. currency effect Currency neutral Incl. currency effect Currency neutral 60.0 BN 69.7% 49.0% 5.6 BN 20.7% 0.2% Oceania Organic basis: Revenue excludes revenue from transferred business. Segment profit excludes extraordinary factors and profit/l oss impact from transferred business. Revenue grew and exceeded expectations, driven by solid performance in the core energy category despite intensifying competition, the launch of alcoholic RTDs, and favorable foreign exchange effects.Revenue 98.2 BN 12.5% 5.5% 10.3 BN -1.2% -7.3% Segment profit increased but fell below expectations, as higher marketing investments to counter intensifying competition, primarily in the energy category, partially offset revenue gains and favorable foreign exchange effects. Americas Despite the impact of reduced handling of the water category, revenue increased and exceeded expectations, supported by the benefits of price revisions as well as growth in new functional products in the energy category and strong performance in sports category. Revenue Despite the benefits of revenue growth and favorable foreign exchange effects, segment profit declined and came in below expectations, reflecting higher manufacturing and logistics costs resulting from rising aluminum and energy prices. Segment Profit Segment Profit Oceania/Americas: Financial Results for Q2 YTD FY2026 – Organic basis
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 17 Reference materials are disclosed separately on the website of Suntory Beverage & Food Limited. Please refer to the following URL. （Japanese website）https://www.suntory.co.jp/softdrink/ir/library_earnings/ （English website） https://www.suntory.com/softdrink/ir/library_earnings/ Reference Materials
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©2026 SUNTORY BEVERAGE & FOOD LIMITED All Rights Reserved. 18 Forward Looking Statement This document has been prepared for informational purposes only and is not intended to constitute an investment solicitation or any other similar activity in Japan or abroad. This document contains forward-looking statements related to business and financial performance of the Company or the Group. These forward-looking statements are projections made based on the currently available information and are subject to risks and uncertainties including, but not limited to, economic trends, competition in the industry in which the Company and the Group operate, market needs, exchange rates, as well as tax and other systems. Activities and sales performance regarding each brand described in this document cover only those countries and regions where the Group holds distribution rights, and are not indicative of the global activities or sales performance of the respective brands. Therefore, actual business results and other outcomes published in the future may vary due to these factors. The Company accepts no liability for any loss or damage arising from the use of the information contained in this document.