Moa Group Half Year Trading Update

Beverage and Hospitality business in growth and on track for Revenue and EBITDA targets. Moa Group Limited (NZX: MOA) ("Moa", "The Group"), New Zealand's own brewing and hospitality company, today gives a general trading update, ahead of the company's first half year period with Moa Beverages and Savor Hospitality being part of Moa Group. Group Revenue is likely to be in the range of $17m to $18m. Up from $6.2m for the same period versus last year. This is in line with the company's revenue targets. The company is on track to meet its full year targets released at the time of the Savor acquisition which is revenue in excess of $40m and EBITDA of $3.6m. Moa Group will hold its AGM on 24 September 2019 at the Seafarers Building in Britomart. For more information, please refer to attached statement. Geoff Ross End CA:00341365 For:MOA Type:MKTUPDTE Time:2019-09-23 10:00:03