Product Specifications & Value Proposition 2009 Premium single-serve Chiquita bananas • Hand selected by size & shape • Consistently Ripe & Ready to Eat Breakthrough packaging technology • Exclusive Stay FreshTM Pack naturally extends storage and shelf life while providing a greater tolerance for a wider range of temperatures • Retail outlets that receive deliveries once or twice a week can have perfectly ripe bananas every day A profitable, fresh OPPORTUNITY • Bananas are the #1 grocery SKU and the #1 consumed fruit1 • 42% of banana consumers say they would eat MORE bananas if they were made available wherever and whenever they want one2 • Yet 93% of bananas are currently sold through traditional formats 1 2 2005 US Economic Research Service 2004 Strategyn Research 2 Breakthrough Technology Stay FreshTM technology controls the amount of O2 and CO2 within the pack, extending unopened package storage life up to 7 days over traditional methods Stay FreshTM Pack • Extends storage and shelf life • Greatly increases resistance to a wider range of temperatures during transportation • Locks in moisture to keep bananas hydrated • Ensures best possible product by overcoming the supply chain obstacles of time, distance and temperature Package Seal Opened 7 Days after Store Delivery* The Stay FreshTM pack is all natural and does NOT alter the bananas in any way… it simply ensures you have the best possible product available. Conventional Chiquita To Go * Boxes kept at 60 F to ensure common conditions for accurate comparison 3 Perfect for Your Consumer Addresses consumer desire for on the go healthy food options • 400 million bananas are consumed weekly and consumers say they want more Satisfies consumer consumption preferences • Perfectly ripe Chiquita bananas are ready for immediate consumption • 86% of consumers prefer to eat bananas that are all yellow or yellow with green tips1 Builds consumer confidence • Chiquita ranks highest in consumer confidence for nutrition, quality, taste and freshness2 • Chiquita is the #1 banana brand and one of the top 10 food brands3 1 2 3 2002 Research International Banana Color Preference Study Harris International ATU Study Wave 3-3 2004 2005 Harris Interactive Consumer Poll 4 22 Count Product Specification Case Pack: 22 banana singles per case Case Weight: 9.5lb/ 9lb 8 oz (4.3kg) Case Cube: 703" Case Dimensions: 16.00" (L) x 9.50" (W) x 5.00" (H) Case UPC: 0 74904 00010 7 Unit UPC: 0 74904 40001 3 Pallet Count: 156 cases per pallet Pallet Weight : 1,560 lbs. (per 156 case) Pallet Dimensions: 48" (L) x 40" (W) 80" (H) 12 cases per layer 13 layers per pallet Recommended Storage: 57° to 65° F (13° to 19°) 5 NUTRITIONAL INFORMATION NUTRITIONAL PANEL FOR A STANDARD CTG BANANA 6 VALUE PROPOSITION: Leading C-store Case Study CTG immediately impacted sales volume and profit for a Top 5 Convenience store banner! Leading c- store chain was unhappy with the quality and performance of its banana program. Situation Approach Result Customer is introduced to the perfect solution: Chiquita to Go™ ripe and ready to eat banana singles, hand selected for size and shape with a patented extended shelf-life technology. To Improve banana program performance, customer switches from a conventional banana program to the Chiquita to Go™ program in 500+ stores, May 2006. To maximize category returns, customer increases retail price from $.59 to $.79/unit. Average monthly banana volume increased by 21% while profit increased 25% ! 7 Value Proposition 4 Month Average Volume Bananas Per Unit Cost Per Month Average Retail Revenue Cost Profit Pre-CTG 97,943 $0.20 $0.59 $57,786 $19,588 $38,198 Post-CTG 124,367 $0.38 $0.79 $98,250 $ 47,259 $50,991 Difference 26,424 $0.18 $0.20 $40,464 $27,671 $12,793 21% 90% 34% 91% 171% 25% % Difference 8