Company presentation by Nordzucker AG

Welcome to Nordzucker Company presentation Nordzucker AG Küchenstraße 9 D-38100 Braunschweig Tel: +49 531 2411- 0 Fax: +49 531 2411- 100 pr@nordzucker.de www.nordzucker.de

Content

Nordzucker at a glance Nordzucker is… Active throughout Europe More than 175 years of Nordzucker Nordzucker Executive Board Nordzucker Supervisory Board Shareholders‘ structure

Nordzucker is… …one of Europe‘s leading sugar producers

…a processor of 2 million tons of sugar

…strong in matters of sustainability

…a continuous improver of effiency in production and beet cultivation

…a European group with around 2 billion euros in sales

…international with its 3,200 employees

…a modern company and an attractive place to work

…also manufacturer of animal feed and bioethanol

Active throughout Europe: Our locations Headquarters

Liquid sugar plants

1 Braunschweig

4 Nordstemmen

16 Groß Munzel S

17 Arlöv

FIN 18 Porkkala Regional head office DK

2 Nordic Sugar, Copenhagen 24

Sugar plants

3 Clauen

- non-consolidated

4 Nordstemmen

minority stakes

5 Uelzen

CZ 19

6 Klein Wanzleben

10 2

Dobrovice České Meziříčí

12 25

7 Schladen DK

8 Nakskov

Other locations

9 Nykøbing

DK 2 NP Sweet, Copenhagen

10 Örtofta

FIN

11 Säkylä

21 Brussels Office

12 Kedainiai

22 Fibrex, Köpingebro

13 Opalenica

5 16 3 1 4 7

6 Bioethanol, Kl. Wanzleben

13 6

21 19 20

14 Chełmża

Sales offices

15 Trenčianska Teplá

EE 23 Tallinn LV 24 Riga

Refineries

LT 25 Vilnius

14 Chełmża

NO 26 Oslo

17 Arlöv

- Reykjavík*

FIN

18 Porkkala

- Dublin*

- Athens*

* Not marked on the map

175 years of Nordzucker: 175 years of progress and change Start of sugar production at the Klein Wanzleben plant, Germany Foundation of many new companies and plants

Progress in sugar production, mergers of companies, closure of plants Foundation of Nordzucker AG by a merger of Northern German sugar producers Expansion to Eastern Europe Acquisition of Nordic Sugar, market leader in Northern Europe Nordzucker is Europeâ&#x20AC;&#x2DC;s second largerst sugar producer and a modern company on a solid financial basis. Sustainable action becomes a part of the companyâ&#x20AC;&#x2DC;s business activities even more. 2013/2014 today

Competence and experience: The Nordzucker Executive Board

Hartwig Fuchs Chief Executive Officer, Chief Marketing Officer

Dr. Michael Noth Chief Financial Officer

Axel AumĂźller Chief Operating Officer

Dr. Lars Gorissen Chief Agricultural Officer

The Nordzucker Supervisory Board

Supervisory Board Members

- Shareholder representatives

- Employee representatives

Chairman of the Board Hans-Christian Koehler Member since

1998

Chairman since

2011

Deeply rooted: Shareholdersâ&#x20AC;&#x2DC; structure of Nordzucker AG Share capital: EUR 123.7m Direct interests 5.1 % Union-Zucker SĂźdhannover GmbH 11.1 %

Nordzucker Holding AG 83.8%

Not listed on the stock exchange

Large fraction of shareholders are beet growers

Content Products, product quality & customer orientation Sugar extraction step-by-step 2015/2016 campaign at a glance Our product range

Our clients Strong brands for consumers Bioethanol from sugar beet Stevia: sweetener from a natural source Our certifications Compliance with recognized standards

Our core-business in simple terms: Sugar extraction step-by-step

Weighbridge

Centrifuging

Crystallisation

Beet sample

Evaporation

Juice purification

Unloading

Extraction tower

Beet washer

Slicing

Servicecenter Dryer

Silos

Sugar products

Productive: The 2015/2016 campaign at a glance

2.0 m tons of sugar

3,206 Employees

animal feed

EUR 60.1 m

investments

13 m tons of beet processed

130,000 m3 of

bioethanol

More than 250 products: Our broad product range Traditional

Specialities

Industrial liquid

Refined sugar

Fondant

Liquid sugar

White sugar

Glaze

Invert sugar syrup

Lump sugar

Brown sugar

Fructose syrup

Icing sugar

Brown raw sugar

Mixed syrup

Nib sugar

White candy sugar

Fructose

Brown candy sugar Jam sugar

Feeds and molasses Bees feed Beet pulps (pellets)

Fertilizer and fuel

Molasses

Carbolime

Vinasse

Bioethanol

Our clients: The food industry and consumers

> 80 %

< 20 %

Sugar for the food industry, including leading manufacturers of bakery, confectionary and dairy products, jams beverages and ice cream

Sugar for consumers distributed by retailers

Strong brands for consumers: SweetFamily and Dansukker SweetFamily

Strong brand in Central and Eastern Europe

Additional information: www.sweet-family.de

Dansukker Market leader in Northern Europe Additional information : www.dansukker.com

Beyond sugar: Bioethanol from sugar beet

Bioethanol plant Klein Wanzleben Annex plant to the Klein Wanzleben sugar plant Production capacity: 130,000m3/year Production of bioethanol for the fuel industry

Stevia: Sweetener from a natural source

NP Sweet Location: Copenhagen A Nordzucker/PureCircle, Kuala Lumpur, Malaysia, joint venture Development and distribution of sweeteners on the basis of Stevia Stevia: 300 times sweeter than sugar, zero calories

Our Certifications

Product Safety

Quality Management

Environment Management

Social

Energy Management

Following factories do not have certified energy management systems: Arlöv (S), Örtofta (S), Säkylä (FIN), Porkkala (FIN), Chelmza (PL), Opaleniza (PL), Trencianska Tepla (SK)

Compliance with recognized standards Our Code of Conduct and the Code of Conduct for Suppliers are based on the UN Global Compact and the Ethical Trade Initiative Base Code. Our obligations are: Compliance with the German Corporate Governance Code Signatory of the UN Global Compact Member of CEFS (European Association of Sugar Producers) Member of Bonsucro Member of the Sustainable Agriculture Initiative (SAI) Member of the Carbon Disclosure Project (CDP) Member of SEDEX (and so subject to external SEDEX audits) Ecovadis

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Table of contents Sustainability comes naturally to us Nordzucker and sustainability Sustainability along the entire value chain Complete transparency A multifaceted foodstuff: sugar is ... Sugar â&#x20AC;&#x201C; a natural part of a balanced diet and a healthy lifestyle

Nordzucker and sustainability Responsibility is our top priority

â&#x20AC;&#x153;

For us, sustainability means being a responsible industrial company, a responsible employer and a partner in the value chain. Sustainability also means continuously ensuring a balance in the social, ecological and economic effects of our activities along the entire value chain. Sustainability is a key part of our business.

Sustainability along the entire value chain

Cultivation and procurement Sustainable procurement ∙ Sustainable farming methods ∙ Cooperation

Production and quality Energy efficiency ∙ Environmental footprint ∙ Emissions ∙ High-quality products

Staff and society Occupational heath and safety ∙ Healthy living ∙ Transparency ∙ Dialogue

Customers and consumers Sustainability in sales ∙ Diet and health – a proactive discussion

Complete transparency: visit our sustainability website

Visit www.nordzucker-growing-together.com Our new website is optimized for mobile devices. Come and visit us on your computer, tablet or smartphone.

A multifaceted foodstuff: sugar is ... Pure and natural product

a carbohydrate

a flavour carrier

One of the major energy suppliers An integral part of a balanced diet and part of our everyday culture a natural preservative

a provider of volume and structure for foodstuffs

Sugar – a natural part of a balanced diet and a healthy lifestyle Calorific values of different foods (kcal per gram) Fett 9

10 Alkohol 7

Zucker 4

Stärke 4

Eiweiß 4

Content

Financial key figures Revenues Net income Dividend (Nordzucker AG) Financial key figures at a glance

Revenues EUR m

2500

2,443

2,361

2000

1,866 1,607

1500

1000

500

0 2012/2013

2013/2014

2014/15

2015/16

Net income EUR m 369 350

250

209

150

-50 2012/2013

2013/2014

2014/15

2015/16

Dividend per share (Nordzucker AG) EUR 2,00 1,80

1,50 1,30

1,00

0,50 0,10

0,10

2014/15

2015/16

0,00 2012/2013

2013/2014

Financial key figures at a glance

2012/2013

2013/2014

2014/2015

2015/2016

Revenues

EUR m

2,443

2,361

1,866

1,607

EBIT

EUR m

506

299

Net income

EUR m

369

209

Cashflow from operating activities

EUR m

313

285

135

199

Equity

EUR m

1,291

1,386

1,272

1,278

Return on revenues

14.7

8.5

1,1

1,0

Equity ratio

Sugar production

2.8

2.5

2.9

2.0

3,290

3,279

3,284

3,206

Employees

Your contacts

Communications/Public Affairs Christian Kionka Phone

+49 (0) 531 2411 173

Fax

+49 (0) 531 2411 378

pr@nordzucker.de

Investor Relations Bianca Deppe-Leickel Phone

+49 (0) 531 2411 335

Fax

+49 (0) 531 2411 378

ir@nordzucker.de

Thank you very much for your attention!