Common use of Growth Incentive Clause in Contracts

Growth Incentive. Exclusive Suppliers only Exclusive Suppliers are eligible to receive a Growth Incentive if they satisfy the requirements set out in this section. Non- Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentage. The Growth Incentive is calculated on any increase in either or both of the Milk Solids which are accepted by us in each Growth Incentive Period over and above the average of the relevant Milk Solids in such Milk supplied during the previous two Financial Years (Growth Incentive Baseline). If you are a new supplier to us, the Growth Incentive Baseline for the purpose of calculating the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is set out in Item 11 of the Details and, if you commence supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • your Prior Deemed Milk Supply as set out in Item 12 of the Details; and • Milk Solids in Milk accepted by us during the applicable Growth Incentive Period, (Total Annual Milk). You will then be paid a pro- rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us during the applicable Growth Incentive Period. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you will receive a Growth Incentive, at the end of the Growth Incentive Period, you will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive you received in respect of July and August 2022 will be counted for the purposes of this assessment even though it was not paid under this Agreement. If you would have received more money from us under the New Milk Incentive, you will not also be paid a Growth Incentive. If you would have been paid more money from us under the Growth Incentive, you will receive a top up payment as soon as reasonably practicable after the end of the Financial Year, being the difference between what you would have been paid under the Growth Incentive less what you have been paid under the New Milk Incentive.

Growth Incentive. Exclusive Suppliers only Exclusive Suppliers are If the Supplier is able to increase either or both of their Milk Solids in Fresh Milk or Grade 2 Milk during the Growth Incentive Period, the Supplier may be eligible to receive for a Growth Incentive if they satisfy the requirements set out in under this section. Non- Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentagesection 2.7. The Growth Incentive is calculated on any increase in either or both of the Milk Solids in Fresh Milk or Grade 2 Milk which are accepted by us Tatura in each the Growth Incentive Period over and above the average of the relevant Milk Solids in such Milk milk supplied during the previous two Financial Years (Growth Incentive Baseline). If you are the Supplier is a new supplier to usTatura, the Growth Incentive Baseline for the purpose of calculating the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is set out in Item 11 of the Details and, if you commence the Supplier commences supplying Bega Tatura part way through a Financial Year, then the Growth Incentive will be calculated based on: • your the Supplier’s Prior Deemed Milk Supply as set out in Item 12 13 of the Details; and • Fresh Milk Solids in and Grade 2 Milk accepted by us Tatura during the applicable Growth Incentive PeriodTerm, (Total Annual Milk). You The Supplier will then be paid a pro- pro-rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us Tatura during the applicable Growth Incentive PeriodTerm. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we Tatura will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you the Supplier will receive a Growth Incentive, at the end of the Growth Incentive Period, you the Supplier will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive you received in respect of July and August 2022 will be counted for the purposes of this assessment even though it was not paid under this Agreement. If you Supplier would have received more money from us Tatura under the New Milk Incentive, you the Supplier will not also be paid a Growth Incentive. If you the Supplier would have been paid more money from us Tatura under the Growth Incentive, you the Supplier will receive a top up payment as soon as reasonably practicable after the end of the any relevant Financial Year, being the difference between what you the Supplier would have been paid under the Growth Incentive less what you they have been paid under the New Milk Incentive.

Growth Incentive. Exclusive Suppliers only Exclusive Suppliers are eligible to receive a Growth Incentive if they satisfy the requirements set out in this section. Non- Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentage. The Growth Incentive is calculated on any increase in either or both of the Milk Solids which are accepted by us in each Growth Incentive Period over and above the average of the relevant Milk Solids in such Milk supplied during the previous two Financial Years (Growth Incentive Baseline). If you are a new supplier to us, the Growth Incentive Baseline us or you have not been a supplier to us for the purpose of calculating previous two Financial Years, you will be taken to have supplied to us the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is Milk Solids set out in Item 11 of the Details and, if during the previous two Financial Years for the purposes of calculating the Growth Incentive. If you commence supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • your Prior Deemed Milk Supply as set out in Item 12 of the Details; and • Milk Solids in Milk accepted by us during the applicable Growth Incentive Period, (Total Annual Milk). You will then be paid a pro- pro-rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us during the applicable Growth Incentive Period. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 2023 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you will receive a Growth Incentive, at the end of the Growth Incentive Period, you will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive Incentives you received in respect of July and August 2022 2023 will be counted for the purposes of this assessment and determining whether you will receive a Growth Incentive even though it was those New Milk Incentives were not paid under this Agreement. If If, in respect of a Growth Incentive Period, you would have received more money from us under the New Milk IncentiveIncentives, you will not also be paid a Growth Incentive. If you would have been paid more money from us under the Growth Incentive, you will receive a top up payment as soon as reasonably practicable after the end of the Financial YearGrowth Incentive Period, being the difference between what you would have been paid under the Growth Incentive less what you have been paid under the New Milk Incentive.

Growth Incentive. Exclusive Suppliers only All Exclusive Suppliers are eligible to receive a Growth Incentive if they satisfy the requirements set out in this section. Non- Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentage. The Growth Incentive is calculated on any increase in either or both of the Milk Solids which are accepted by us in each the Growth Incentive Period over and above the average of the relevant Milk Solids in such Milk supplied during the previous two Financial Years (Growth Incentive Baseline). If you are a new supplier to us, the Growth Incentive Baseline for the purpose of calculating the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is set out in Item 11 of the Details and, if you commence supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • your Prior Deemed Milk Supply as set out in Item 12 of the Details; and • Milk Solids in Milk accepted by us during the applicable Growth Incentive PeriodTerm, (Total Annual Milk). You will then be paid a pro- rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us during the applicable Growth Incentive PeriodTerm. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you will receive a Growth Incentive, at the end of the Growth Incentive Period, you will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive you received in respect of July and August 2022 will be counted for the purposes of this assessment even though it was not paid under this Agreement. If you would have received more money from us under the New Milk Incentive, you will not also be paid a Growth Incentive. If you would have been paid more money from us under the Growth Incentive, you will receive a top up payment as soon as reasonably practicable after the end of the Financial Year, being the difference between what you would have been paid under the Growth Incentive less what you have been paid under the New Milk Incentive.

Growth Incentive. Exclusive Suppliers only Exclusive Suppliers are If the Supplier is able to increase either or both of their Milk Solids in the Milk accepted by Bega during the Growth Incentive Period, the Supplier may be eligible to receive for a Growth Incentive if they satisfy the requirements set out in under this section. Non- Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentagesection 2.7. The Growth Incentive is calculated on any increase in either or both of the Milk Solids which are accepted by us Bega in each the Growth Incentive Period over and above the average of the relevant Milk Solids in such Milk milk supplied during the previous two Financial Years (Growth Incentive Milk Baseline). If you are the Supplier is a new supplier to usBega, the Growth Incentive Milk. Baseline for the purpose of calculating the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is set out in Item 11 of the Details and, if you commence the Supplier commences supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • your the Supplier’s Prior Deemed Milk Supply as set out in Item 12 13 of the Details; and • Milk Solids in Milk accepted by us Bega during the applicable Growth Incentive PeriodTerm, (Total Annual Milk). You The Supplier will then be paid a pro- pro-rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us Bega during the applicable Growth Incentive PeriodTerm. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we Bega will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you the Supplier will receive a Growth Incentive, at the end of the Growth Incentive Period, you the Supplier will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive you received in respect of July and August 2022 will be counted for the purposes of this assessment even though it was not paid under this Agreement. If you Supplier would have received more money from us Bega under the New Milk Incentive, you the Supplier will not also be paid a Growth Incentive. If you the Supplier would have been paid more money from us Bega under the Growth Incentive, you the Supplier will receive a top up payment as soon as reasonably practicable after the end of the any relevant Financial Year, being the difference between what you the Supplier would have been paid under the Growth Incentive less what you they have been paid under the New Milk Incentive.

Growth Incentive. Exclusive Suppliers only All Exclusive Suppliers are eligible to receive a Growth Incentive if they satisfy the requirements set out in this section. Non- Non‐ Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentage. The Growth Incentive is calculated on any increase in either or both of the Milk Solids which are accepted by us in each the Growth Incentive Period over and above the average of the relevant Milk Solids in such Milk supplied during the previous two Financial Years (Growth Incentive Baseline). If you are a new supplier to us, the Growth Incentive Baseline for the purpose of calculating the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is set out in Item 11 of the Details and, if you commence supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • your Prior Deemed Milk Supply as set out in Item 12 of the Details; and • Milk Solids in Milk accepted by us during the applicable Growth Incentive PeriodTerm, (Total Annual Milk). You will then be paid a pro- pro‐ rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us during the applicable Growth Incentive PeriodTerm. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you will receive a Growth Incentive, at the end of the Growth Incentive Period, you will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive you received in respect of July and August 2022 will be counted for the purposes of this assessment even though it was not paid under this Agreement. If you would have received more money from us under the New Milk Incentive, you will not also be paid a Growth Incentive. If you would have been paid more money from us under the Growth Incentive, you will receive a top up payment as soon as reasonably practicable after the end of the Financial Year, being the difference between what you would have been paid under the Growth Incentive less what you have been paid under the New Milk Incentive.

Growth Incentive. Exclusive Suppliers only All Exclusive Suppliers are eligible to receive a Growth Incentive if they satisfy the requirements set out in this section. Non- Non-Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentage. The Growth Incentive is calculated on any increase in either or both of the Milk Solids which are accepted by us in each the Growth Incentive Period over and above the average of the relevant Milk Solids in such Milk supplied during the previous two Financial Years (Growth Incentive Baseline). If you are a new supplier to usus or you have not been a supplier to us for the previous two Financial Years, the Growth Incentive Baseline for the purpose of calculating the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is set out in Item 11 of the Details and, if Details. If you commence supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • your Prior Deemed Milk Supply as set out in Item 12 of the Details; and • Milk Solids in Milk accepted by us during the applicable Growth Incentive PeriodTerm, (Total Annual Milk). You will then be paid a pro- rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us during the applicable Growth Incentive PeriodTerm. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you will receive a Growth Incentive, at the end of the Growth Incentive Period, you will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive you received in respect of July and August 2022 will be counted for the purposes of this assessment even though it was not paid under this Agreement. If you would have received more money from us under the New Milk IncentiveIncentives, you will not also be paid a Growth Incentive. If you would have been paid more money from us under the Growth Incentive, you will receive a top up payment as soon as reasonably practicable after the end of the Financial YearGrowth Incentive Period, being the difference between what you would have been paid under the Growth Incentive less what you have been paid under the New Milk Incentive.

Growth Incentive. Exclusive Suppliers only Exclusive Suppliers are If the Supplier is able to increase either or both of their Milk Solids in the Milk accepted by Bega during the Growth Incentive Period, the Supplier may be eligible to receive for a Growth Incentive if they satisfy the requirements set out in under this section. Non- Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentagesection 2.7. The Growth Incentive is calculated on any increase in either or both of the Milk Solids which are accepted by us Bega in each the Growth Incentive Period over and above the average of the relevant Milk Solids in such Milk milk supplied during the previous two Financial Years (Growth Incentive Milk Baseline). If you are the Supplier is a new supplier to usBega, the Growth Incentive Milk Baseline for the purpose of calculating the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is set out in Item 11 of the Details and, if you commence the Supplier commences supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • your the Supplier’s Prior Deemed Milk Supply as set out in Item 12 13 of the Details; and • Milk Solids in Milk accepted by us Bega during the applicable Growth Incentive PeriodTerm, (Total Annual Milk). You The Supplier will then be paid a pro- pro-rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us Bega during the applicable Growth Incentive PeriodTerm. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we Bega will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you the Supplier will receive a Growth Incentive, at the end of the Growth Incentive Period, you the Supplier will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive you received in respect of July and August 2022 will be counted for the purposes of this assessment even though it was not paid under this Agreement. If you Supplier would have received more money from us Bega under the New Milk Incentive, you the Supplier will not also be paid a Growth Incentive. If you the Supplier would have been paid more money from us Bega under the Growth Incentive, you the Supplier will receive a top up payment as soon as reasonably practicable after the end of the any relevant Financial Year, being the difference between what you the Supplier would have been paid under the Growth Incentive less what you they have been paid under the New Milk Incentive.

Growth Incentive. Exclusive Suppliers only All Exclusive Suppliers are eligible to receive a Growth Incentive if they satisfy the requirements set out in this section. Non- Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentage. The Growth Incentive is calculated on any increase in either or both of the Milk Solids which are accepted by us in each the Growth Incentive Period over and above the average of the relevant Milk Solids in such Milk supplied during the previous two Financial Years (Growth Incentive Baseline). If you are a new supplier to usus or you have not been a supplier to us for the previous two Financial Years, the Growth Incentive Baseline for the purpose of calculating the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is set out in Item 11 of the Details and, if Details. If you commence supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • your Prior Deemed Milk Supply as set out in Item 12 of the Details; and • Milk Solids in Milk accepted by us during the applicable Growth Incentive PeriodTerm, (Total Annual Milk). You will then be paid a pro- rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us during the applicable Growth Incentive PeriodTerm. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you will receive a Growth Incentive, at the end of the Growth Incentive Period, you will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive you received in respect of July and August 2022 will be counted for the purposes of this assessment even though it was not paid under this Agreement. If you would have received more money from us under the New Milk IncentiveIncentives, you will not also be paid a Growth Incentive. If you would have been paid more money from us under the Growth Incentive, you will receive a top up payment as soon as reasonably practicable after the end of the Financial YearGrowth Incentive Period, being the difference between what you would have been paid under the Growth Incentive less what you have been paid under the New Milk Incentive.

Growth Incentive. Exclusive Suppliers only All Exclusive Suppliers are eligible to receive a Growth Incentive if they satisfy the requirements set out in this section. Non- Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentage. The Growth Incentive is calculated on any increase in either or both of the Milk Solids which are accepted by us in each the Growth Incentive Period over and above the average of the relevant Milk Solids in such Milk supplied during the previous two Financial Years (Growth Incentive Baseline). If you are a new supplier to us, the Growth Incentive Baseline for the purpose of calculating the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is set out in Item 11 of the Details and, if you commence supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: •  your Prior Deemed Milk Supply as set out in Item 12 of the Details; and •  Milk Solids in Milk accepted by us during the applicable Growth Incentive PeriodTerm, (Total Annual Milk). You will then be paid a pro- rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us during the applicable Growth Incentive PeriodTerm. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you will receive a Growth Incentive, at the end of the Growth Incentive Period, you will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive you received in respect of July and August 2022 will be counted for the purposes of this assessment even though it was not paid under this Agreement. If you would have received more money from us under the New Milk Incentive, you will not also be paid a Growth Incentive. If you would have been paid more money from us under the Growth Incentive, you will receive a top up payment as soon as reasonably practicable after the end of the Financial Year, being the difference between what you would have been paid under the Growth Incentive less what you have been paid under the New Milk Incentive.

Growth Incentive. Exclusive Suppliers only Exclusive Suppliers are eligible to receive a Growth Incentive if they satisfy the requirements set out in this section. Non- Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentage. The Growth Incentive is calculated on any increase in either or both of the Milk Solids which are accepted by us in each Growth Incentive Period over and above the average of the relevant Milk Solids in such Milk supplied during the previous two Financial Years (Growth Incentive Baseline). If you are a new supplier to us, the Growth Incentive Baseline us or you have not been a supplier to us for the purpose of calculating previous two Financial Years, you will be taken to have supplied to us the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is Milk Solids set out in Item 11 of the Details and, if during the previous two Financial Years for the purposes of calculating the Growth Incentive. If you commence supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • your Prior Deemed Milk Supply as set out in Item 12 of the Details; and • Milk Solids in Milk accepted by us during the applicable Growth Incentive Period, (Total Annual Milk). You will then be paid a pro- rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us during the applicable Growth Incentive Period. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 2023 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you will receive a Growth Incentive, at the end of the Growth Incentive Period, you will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive Incentives you received in respect of July and August 2022 2023 will be counted for the purposes of this assessment and determining whether you will receive a Growth Incentive even though it was those New Milk Incentives were not paid under this Agreement. If If, in respect of a Growth Incentive Period, you would have received more money from us under the New Milk IncentiveIncentives, you will not also be paid a Growth Incentive. If you would have been paid more money from us under the Growth Incentive, you will receive a top up payment as soon as reasonably practicable after the end of the Financial YearGrowth Incentive Period, being the difference between what you would have been paid under the Growth Incentive less what you have been paid under the New Milk Incentive.

Growth Incentive. Exclusive Suppliers only Exclusive Suppliers are If the Supplier is able to increase either or both of their Milk Solids in Premium or Choice Milk during the Growth Incentive Period, the Supplier may be eligible to receive for a Growth Incentive if they satisfy the requirements set out in under this section. Non- Exclusive Suppliers are not eligible to receive a Growth Incentive. If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentagesection 2.7. The Growth Incentive is calculated on any increase in either or both of the Milk Solids in Premium or Choice Milk which are accepted by us Tatura in each the Growth Incentive Period over and above the average of the relevant Milk Solids in on such Milk milk supplied during the previous two Financial Years (Growth Milk Incentive Baseline). If you are the Supplier is a new supplier to usTatura, the Growth Milk Incentive Baseline for the purpose of calculating the Growth Incentive in respect of the period from 1 July 2022 to 30 June 2023 is set out in Item 11 of the Details and, if you commence supplying Bega part way through a Financial Year, then the Growth Incentive will be calculated based on: • your Prior Deemed Milk Supply as set out in Item 12 of the Details; and • Milk Solids in Milk accepted by us during the applicable Growth Incentive Period, (Total Annual Milk). You will then be paid a pro- rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by us during the applicable Growth Incentive Period. The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details. If you are an Existing Supplier, the Milk that you supply to us during July and August 2022 will count towards the calculation of the Growth Incentive under this Agreement. If there is more than one Farm listed in Item 1 of the Details, we Tatura will group all those Farms together for the purposes of calculating the Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis. To determine whether you the Supplier will receive a Growth Incentive, at the end of the Growth Incentive Period, you the Supplier will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive. If you are an Existing Supplier, any New Milk Incentive you received in respect of July and August 2022 will be counted for the purposes of this assessment even though it was not paid under this Agreement. If you Supplier would have received more money from us Tatura under the New Milk Incentive, you the Supplier will not also be paid a Growth Incentive. If you the Supplier would have been paid more money from us Tatura under the Growth Incentive, you the Supplier will receive a top up payment as soon as reasonably practicable after the end of the any relevant Financial Year, being the difference between what you the Supplier would have been paid under the Growth Incentive less what you they have been paid under the New Milk Incentive.