• Fix execution on yield, labour and planning
• Restore consistency and control to reduce volatility
• Lift value per bird through improved mix and optimised network flows

Inghams Group Ltd is hosting an Investor Day presentation on May 11, 2026, providing an overview of its strategy to stabilise the business, optimise the asset, and grow the value. The company highlights that the poultry industry remains an attractive category, with chicken being the most consumed and affordable protein. However, Inghams' past returns have not reflected the quality of its asset base, due to operational inconsistency, capital productivity issues, and increased competitive intensity. To address this, Inghams is shifting its focus from a volume-led to a value-led approach, aiming to maximise value per bird and drive sustainable earnings and growth. Key elements of the strategy include winning with customers through freshness, reliability, and consumer-led innovation, unlocking trapped value in operations through standardisation and planning discipline, and leveraging New Zealand as a strategic market. The company has already seen early positive results from its stabilisation efforts, with improved EBITDA run-rate, operational performance, and customer positioning. Looking ahead, Inghams expects to deliver over $130 million in EBITDA uplift from operational improvements and planning discipline, as well as additional value from customer partnerships and innovation.

Inghams expects to deliver over $130 million in EBITDA uplift from operational improvements and planning discipline over the next 3 years.

Inghams is focused on stabilising the business, optimising the asset, and growing the value through improved execution, customer partnerships, and innovation. The company sees significant embedded earnings upside and is confident in its ability to deliver sustainable growth and improved returns.