Europe Developments & Trading Update - Investor Presentation

• Acquisition of 8 KFC restaurants in Bavaria, Germany
• Expanded development agreements to target 45-90 new restaurants in Germany over 4 years
• Revised corporate franchise agreement in the Netherlands, with Yum! Brands resuming marketing responsibilities

Collins Foods Limited has announced several key developments in its European operations. The company is acquiring 8 KFC restaurants in Bavaria, Germany, which will immediately increase its German portfolio size by 50%. This establishes a presence for Collins Foods in one of the wealthiest and most populous German states, providing a strong platform for further organic expansion. The company has also expanded its development agreements for Germany, targeting 45 to 90 new restaurants over the next 4 years. In the Netherlands, Collins Foods has revised its corporate franchise agreement with Yum! Brands, with Yum! resuming marketing responsibilities from 2027. This allows Collins Foods to refocus on its core role as a restaurant operator. The company reaffirmed its FY26 full year guidance, targeting mid-to-high teens growth in Group Underlying NPAT. Overall, these developments demonstrate Collins Foods' accelerated growth strategy in Germany, while optimizing its Netherlands operations.

Collins Foods reaffirms FY26 full year guidance targeting mid-to-high teens growth in Group Underlying NPAT (post AASB16).