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About

Cobram Estate Olives Limited (“Cobram Estate Olives” or “CBO” or “the Company”) was founded by Paul Riordan and Rob McGavin in 1998. Over the past 25 years, Cobram Estate Olives has grown to become the market leader in the Australian olive industry and a global leader in sustainable olive farming. The company operates across Australia and the USA and owns Australia’s two leading homegrown extra virgin olive oil brands, Cobram Estate® and Red Island®, alongside the leading Californian extra virgin olive oil brands, California Olive Ranch® and Cobram Estate®.

Business Model & Competitive Advantages

  • Integrated Operations
  • Vertically integrated operations with strategically located, freehold-owned, olive groves and mills

    Vertical Integration

    • CBO’s vertically integrated operations span both Australia and the USA, underpinning its position as one of the world’s most advanced EVOO producers and marketers.
    • In Australia, CBO owns ~7,000 hectares of planted freehold olive groves containing over 2.6 million olive trees.
    • In the USA, CBO owns ~1,372 hectares and leases ~1,919 hectares of planted olive groves in California containing ~3.9 million olive trees.

    Processing and Storage Capacity

    • CBO owns two olive mills in Australia, with milling capacity of 144 tonnes of olives per hour.
    • CBO owns two olive mills in the USA with milling capacity of 136 tonnes of olives per hour.
    • Complimenting this are 46 olive harvesters, two bottling and storage facilities, 33.2 million litres of olive oil storage, Australia’s largest olive tree nursery, and Modern Olives® laboratories – a globally recognised olive research, development, and testing laboratory with analytical labs in both Australia and the USA.
  • Production System
  • Proprietary Oliv.iQ® Integrated Olive Production System

    Oliv.iQ® Proprietary System

    • Developed over more than 25 years of practical experience, research, and innovation under the guidance of renowned olive expert and Joint‑CEO Leandro Ravetti, CBO’s proprietary olive growing system, Oliv.iQ®, underpins the Company’s global leadership in olive growing and olive oil production.
    • Oliv.iQ® enables CBO to grow more olives per hectare, accumulate higher olive oil content, and extract greater volumes of high‑quality EVOO at lower production costs than global peers – as validated by a 2019 independent report prepared by the University of California, Davis.
    • The system also delivers superior sustainability outcomes, using less water and fertiliser per litre of olive oil produced, compared to global industry averages.
  • Premium Brands
  • A portfolio of premium olive oil brands Cobram Estate®, Red Island®, California Olive Ranch®, and Lucini®

    Market-leading Brands

    • CBO focuses on the production and sale of high quality extra virgin olive oil, primarily through its premium brands, to optimise returns per litre and reduce exposure to commodity and currency risk.
    • Cobram Estate® is the number one¹ selling olive oil brand in Australian supermarkets by dollar value and the number eight² selling olive oil brand in USA grocery by dollar value.
    • Red Island® is the number three¹ selling olive oil brand in Australian supermarkets by dollar value.
    • California Olive Ranch® is the number four² olive oil brand in USA grocery by dollar value and number one² in the ‘natural’ channel.
    • Lucini® is the number eleven² olive oil brand in USA grocery by dollar value and number one³ in the super premium segment⁴.
    • Through its integrated ‘tree‑to‑table’ approach, CBO manages every stage of the olive life cycle – from cultivation and harvesting to milling, bottling, and marketing – ensuring every product meets the Company’s uncompromising quality and freshness standards.

    Footnotes:
    1. IRI Australian scan data – Australian grocery weighted, total supermarket, dollar sales, Financial Year 2025. SPINS USA scan data – 52-weeks ending 15 June 2025, CULINARY OIL OLIVE, TOTAL SPINS RETAIL (MULO, NAT, REG & IND). Excludes: HEB, Ingles, COSTCO, Whole Foods.
    2. SPINS • 52 Weeks Ending 02/11/2025 • SS CULINARY OIL OLIVE – PRIVATE LABEL • TOTAL SPINS RETAIL (MULO, NAT, REG & IND) • 14 Comparison Products • Total Dollar Sales).
    3. Nielsen/Total US xAOC/Latest 52 Weeks – w/e 29/11/25.
    4. Super Premium: $/L = US$40.00+

  • Sustainability
  • Industry-leading sustainability initiatives and products 

    Our 2030 Sustainability Strategy highlights our sustainability achievements and ambitions around continuous improvement. We continue to focus on upcycling the by-products from olive oil production and commercialising these through internal use and business to business sales.

Vertically integrated operations with strategically located, freehold-owned, olive groves and mills

Vertical Integration

  • CBO’s vertically integrated operations span both Australia and the USA, underpinning its position as one of the world’s most advanced EVOO producers and marketers.
  • In Australia, CBO owns ~7,000 hectares of planted freehold olive groves containing over 2.6 million olive trees.
  • In the USA, CBO owns ~1,372 hectares and leases ~1,919 hectares of planted olive groves in California containing ~3.9 million olive trees.

Processing and Storage Capacity

  • CBO owns two olive mills in Australia, with milling capacity of 144 tonnes of olives per hour.
  • CBO owns two olive mills in the USA with milling capacity of 136 tonnes of olives per hour.
  • Complimenting this are 46 olive harvesters, two bottling and storage facilities, 33.2 million litres of olive oil storage, Australia’s largest olive tree nursery, and Modern Olives® laboratories – a globally recognised olive research, development, and testing laboratory with analytical labs in both Australia and the USA.

Proprietary Oliv.iQ® Integrated Olive Production System

Oliv.iQ® Proprietary System

  • Developed over more than 25 years of practical experience, research, and innovation under the guidance of renowned olive expert and Joint‑CEO Leandro Ravetti, CBO’s proprietary olive growing system, Oliv.iQ®, underpins the Company’s global leadership in olive growing and olive oil production.
  • Oliv.iQ® enables CBO to grow more olives per hectare, accumulate higher olive oil content, and extract greater volumes of high‑quality EVOO at lower production costs than global peers – as validated by a 2019 independent report prepared by the University of California, Davis.
  • The system also delivers superior sustainability outcomes, using less water and fertiliser per litre of olive oil produced, compared to global industry averages.

A portfolio of premium olive oil brands Cobram Estate®, Red Island®, California Olive Ranch®, and Lucini®

Market-leading Brands

  • CBO focuses on the production and sale of high quality extra virgin olive oil, primarily through its premium brands, to optimise returns per litre and reduce exposure to commodity and currency risk.
  • Cobram Estate® is the number one¹ selling olive oil brand in Australian supermarkets by dollar value and the number eight² selling olive oil brand in USA grocery by dollar value.
  • Red Island® is the number three¹ selling olive oil brand in Australian supermarkets by dollar value.
  • California Olive Ranch® is the number four² olive oil brand in USA grocery by dollar value and number one² in the ‘natural’ channel.
  • Lucini® is the number eleven² olive oil brand in USA grocery by dollar value and number one³ in the super premium segment⁴.
  • Through its integrated ‘tree‑to‑table’ approach, CBO manages every stage of the olive life cycle – from cultivation and harvesting to milling, bottling, and marketing – ensuring every product meets the Company’s uncompromising quality and freshness standards.

Footnotes:
1. IRI Australian scan data – Australian grocery weighted, total supermarket, dollar sales, Financial Year 2025. SPINS USA scan data – 52-weeks ending 15 June 2025, CULINARY OIL OLIVE, TOTAL SPINS RETAIL (MULO, NAT, REG & IND). Excludes: HEB, Ingles, COSTCO, Whole Foods.
2. SPINS • 52 Weeks Ending 02/11/2025 • SS CULINARY OIL OLIVE – PRIVATE LABEL • TOTAL SPINS RETAIL (MULO, NAT, REG & IND) • 14 Comparison Products • Total Dollar Sales).
3. Nielsen/Total US xAOC/Latest 52 Weeks – w/e 29/11/25.
4. Super Premium: $/L = US$40.00+

Industry-leading sustainability initiatives and products 

Our 2030 Sustainability Strategy highlights our sustainability achievements and ambitions around continuous improvement. We continue to focus on upcycling the by-products from olive oil production and commercialising these through internal use and business to business sales.