Scott Technology Limited · NZX:SCT
Scott Technology — Investor Day (September 2025)
81 slides from Scott Technology's investor day presentation, Sep 11, 2025
Slide 1: Scott Technology Limited ID25
SCOTT TECHNOLOGY LIMITED ID25 11 September 2025
Slide 2: Welcome
Stuart McLauchlan Chairman & Independent Director WELCOME Scott Technology Limited: ID25 | 2
Slide 3: Our Executive team
Our Executive team Mike Christman Mark O’Malley Aaron Vanwalleghem Mark Host Werner Conradie Chief Executive Officer Chief Financial Officer President of MHL President of Protein President of Mining Anthony Wesney Hayley Hindmarsh Cathy Zhang Damian Lucas Andrew Arnold Director of Transformation Gen
Slide 4: Scott Technology Limited: ID25 | 4
Scott Technology Limited: ID25 | 4
Slide 5: Company Overview
Mike Christman Chief Executive Officer COMPANY OVERVIEW Scott Technology Limited: ID25 | 5
Slide 6: More than 110 years of engineering excellence
More than 110 years of engineering excellence Australia & New Zealand 1913 Centres of excellence Protein, Processing, BladeStop, Mining (Rocklabs), & Appliances 2008 Rocklabs, 2016 MAR & BladeStop, 2015 JBS Partnership Asia 2013 Centres of excellence Manufacturing support for Protein, Appliances & R
Slide 7: A global leader in automation with deep domain expertise
A global leader in automation with deep domain expertise Appliances Materials Handling Mining Protein Keeping up with consumers Getting our customers Taking the guesswork Exacting cuts. demand for whiteware. products to the table fast. out of Mining. Exceptional returns. Delivering high quality auto
Slide 8: FY24 Revenue Composition
Composition of our business Appliances Materials Handling Mining Protein 13% 46% 18% 22% FY24 Revenue Composition Revenue $36m Revenue $127m Revenue $49m Revenue $60m Net margin $11m Net margin $28m Net margin $17m Net margin $17m Net margin % 29% Net margin % 22% Net margin % 36% Net margin % 28% N
Slide 9: Key Customer Partnerships
Who we serve Appliances Materials Handling Mining Protein Key Customer Partnerships Scott Technology Limited: ID25 | 9
Slide 10: Impressions from the CEO
Impressions from the CEO • Market leading technology with a truly global opportunity • Highly skilled and passionate people • Margin expansion and modular approach provide positive momentum • R&D has been project-to-project rather than a strategically integrated roadmap • Sales have plateaued, an is
Slide 11: Strategy Refresh
Mike Christman Chief Executive Officer STRATEGY REFRESH Destination 2030 Scott Technology Limited: ID25 | 11
Slide 12: Destination 2030: Driven by purpose, guided by vision
Destination 2030: Driven by purpose, guided by vision Our vision is to be the trusted partner that puts our customers first - by delivering safe, sustainable, leading-edge solutions that create value - fostering lasting partnerships that drive innovation and success. Destination 2030 Powering our cu
Slide 13: Destination 2030: Customer led purpose
Destination 2030: Customer led purpose Our strategy starts with our customers Destination 2030 Powering our customers and industry with transformative solutions & services Scott Technology Limited: ID25 | 13
Slide 14: Destination 2030: Driving sustainable, profitable growth
Destination 2030: Driving sustainable, profitable growth Destination 2030 Powering our customers and industry with transformative solutions & services Scott Technology Limited: ID25 | 14
Slide 15: Destination 2030: Delivering sustainable, profitable growth
Destination 2030: Delivering sustainable, profitable growth To be the trusted partner that puts our customers first fostering lasting partnerships that drive innovation and success. PURPOSE Destination VISION 2030 Scott Technology Limited: ID25 | 15
Slide 16: Destination 2030: Market Understanding
Destination 2030: Market Understanding Problem Statement Inconsistent market insights are creating challenges in identifying value chain opportunities and directing resources as effective as we can be. Solution We need to understand our domain markets: • Identify best value chain opportunities • Be
Slide 17: Destination 2030: Enabled Team
Destination 2030: Enabled Team Problem Statement An emphasis on engineering has limited the Key Key strength of our customer connection Development Account Account Strategic Importance Solution Enable our teams to become connected with our customers: • “One Scott” infrastructure: shared systems for
Slide 18: Destination 2030: Trusted Relationships
Destination 2030: Trusted Relationships Problem Statement Bi – Directional Communication Channel We maintained vendor status instead of partner status with key accounts Executive Board CEO, COO, CFO & Domain Managers Key Department Leaders Customer Leadership Team Operational R&D Development Solutio
Slide 19: Destination 2030: Innovation
Destination 2030: Innovation Problem Statement Innovation was problem led, Call out that we haven’t talked not outcome led about products until now. This is a mindshift change Solution towards leading with customer first away from product first. Innovation focused on customer and market outcomes: •
Slide 20: Destination 2030: Continuous improvement
Destination 2030: Continuous improvement Continuous improvement will need to become core to everything we do. Destination 2030 • We are at the start of • Every time around the fly the journey wheel we become stronger. • Mind set change is significant • Domains and Markets will and it is incredibly h
Slide 21: Protein
Mark Host President – Global Protein PROTEIN Scott Technology Limited: ID25 | 21
Slide 22: Protein domain overview
Protein domain overview We automate meat processing steps with precision robotics, focusing on safety, yield, and labour efficiency. Scott Technology Limited: ID25 | 22
Slide 23: Protein domain overview
Protein domain overview New Zealand Sales across based Centre of Excellence 120 $60m 50% 22% 28% Australasia, North America, Europe Scott FY24 Service as a % Protein as a % of Net & ROW Employees Revenue of Revenue Group Revenue Margin Scott is a global leader in meat processing systems which improv
Slide 24: Our protein products and solutions
Our protein products and solutions Scott’s core protein solution portfolio is highly differentiated, with BladeStop and the Poultry Trusser outperforming competitors, and automated poultry/lamb/beef products facing no direct competition Poultry Lamb Beef ● BladeStop is the safest bandsaw ● Patented
Slide 25: Protein processing value chain
Protein processing value chain We automate complex meat processing steps with precision Scott Protein Sector robotics, focusing on safety, yield, and labour efficiency. Primary Secondary Handling Point Livestock Transport Packaging processing processing & Logistics of sale • Slaughter • Inspection •
Slide 26: Where our protein products are used
Where our protein products are used Scott’s products solutions cover a range of primary and secondary processing, with some key areas in development Primary processing Secondary processing Hiding / Hairing / head Evisceration Sanitation Chilling Inspection Cutting / deboning / trussing Portioning re
Slide 27: Scott Technology Limited: ID25 | 27
Scott Technology Limited: ID25 | 27
Slide 28: Automated Lamb Processing – Scott Leap Dexa & Primal System
Automated Lamb Processing – Scott Leap Dexa & Primal System • Scott’s Automated Boning Room is designed to optimise yield, maintain product quality, minimise waste, increase food safety and reduce operational costs • The automated boning room is a fully automated system for processing “bone-in” meat
Slide 29: Scott Technology Limited: ID25 | 29
Scott Technology Limited: ID25 | 29
Slide 30: Automated Poultry Trussing
Automated Poultry Trussing • Trussing is a labour-intensive process with high rates of repetitive strain injuries and high staff turnover • Automated poultry trussing removes the human element, providing significant operator health and safety advantages and labour savings • It is a modular and confi
Slide 31: BladeStop is the fastest stopping bandsaw on the market
BladeStop is the fastest stopping bandsaw on the market, capable of stopping in <10ms Closest competitor is recorded to stop in >20ms When a limb is the line, every millisecond counts Scott Technology Limited: ID25 | 31
Slide 32: BladeStop
BladeStop • Scott’s multi-award winning BladeStop product is the world leader in bandsaw safety technology, with a unique dual-sensing system for reliable trigger detection - which brings the blade to an immediate stop, minimising the risk of harm to operators • BladeStop also uses the GloveCheck se
Slide 33: Extending into the protein value chain
Extending into the protein value chain We automate complex meat Scott Protein Sector processing steps with precision robotics, focusing on safety, yield, and labour efficiency. Primary Secondary Handling Point Livestock Transport Packaging processing processing & Logistics of sale Synergy Opportunit
Slide 34: Protein Highlights
Protein Highlights Scott sets the benchmark for protein processing automation with products and systems which add value, such as optimising yield, increasing profit, along with food / worker safety and labour benefits We provide automated solutions utilising the latest technologies in vision, x-ray,
Slide 35: Mining
Werner Conradie President of Global Mining MINING Scott Technology Limited: ID25 | 35
Slide 36: Mining Domain overview
Mining Domain overview Automating sample preparation to turn dirt into data for miners Scott Technology Limited: ID25 | 36
Slide 37: Mining domain overview
Mining domain overview ANZ based Centre Sales across of Excellence 70 $49m 26% 18% 36% Australasia, North America, Europe & Scott FY24 Service as a % Mining as a % of Net ROW Employees Revenue of Revenue Group Revenue Margin Scott’s mining domain manufactures industry leading automated sample prepar
Slide 38: Our mining products and solutions
Our mining products and solutions Scott offers a number of advanced sample preparation equipment and mineral field automation solutions Standard equipment and Semi automated systems Fully automated systems Field automation certified reference materials • Efficiency and flexibility: smart • High thro
Slide 39: Extending into the mining value chain
Extending into the mining value chain Areas of core focus for Scott in the mining value chain Scott’s Mining Domain Exploration Production 1. Discovery 2. Evaluation 3. Processing 4. Construction 5. Extraction 6. Processing 7. Transport 8. Market ● Extracting minerals from mine sites ● Estimation of
Slide 40: Where our sample preparation products are used
Where our sample preparation products are used Rocklabs mainly operates within the preparation phase of the mineral sampling value chain Sample Preparation Raw material acquisition Crushing Splitting Pulverising Mineral analysis Iron Ore Current Gold Copper Silver Platinum Lithium Growing Crus
Slide 41: Scott Technology Limited: ID25 | 41
Scott Technology Limited: ID25 | 41
Slide 42: Automated Modular System
Automated Modular System • AMS was developed to target an unmet minerals market opportunity for reliable automated sample preparation systems • Scott’s AMS is a pre-engineered, modular and scalable sample preparation system designed to improve throughput, quality and accuracy • The AMS product will
Slide 43: Automated Modular System
Automated Modular System Pulverize 4 Crush 3 Dispense 2 1 6 Bead Fusion Registration 5 Dose & Fluxing Scott Technology Limited: ID25 | 43
Slide 44: Automated Refueling
Automated Refueling • RoboFuel uses a state-of-the-art vision system, allowing the robot to locate the position and orientation of the truck’s fuel tank. This facilitates the automatic connection of the fuel nozzle and receiver. Automation of the process produces a reliable, safe, and sustainable so
Slide 45: Scott Technology Limited: ID25 | 45
Scott Technology Limited: ID25 | 45
Slide 46: Mining Highlights
Mining Highlights Scott sees mining as a major growth driver, expanding with tier-1 customers globally through innovation, AI integration, and lifecycle services Customer First Clear path to scale with tier-1 mining customers through target expansion in key mining regions, Australia North America, S
Slide 47: Materials Handling
Aaron Vanwalleghem President of Global Materials Handling MATERIALS HANDLING Scott Technology Limited: ID25 | 47
Slide 48: Materials handling domain overview
Materials handling domain overview We remove the burden of end-of-line operations by fully automating every step. From the moment a product leaves the production line to the point it is palletized and ready for shipping Scott Technology Limited: ID25 | 48
Slide 49: Materials handling domain overview
Materials handling domain overview Europe based Sales across Europe, Centre of Excellence 280 $127m 22% 46% 22% Service as a % North America & Australasia Scott FY24 MHL as a % of Net Employees Revenue of Revenue Group Revenue Margin Scott’s MHL division specialises in automating the critical “end-o
Slide 50: Materials handling products and solutions
Materials handling products and solutions Scott MHL delivers the entire end-of-line systems, from palletizing to AGVs, ASRS, and dispatch. All under one roof. Palletizing Systems Automated Guided Vehicles • Decades of in house • One platform, endless • Data-driven optimization experience in Multilin
Slide 51: Materials Handling value chain
Materials Handling value chain MHL’s addressable market focuses on its core solutions in warehouse-based palletizer systems Scott’s Materials Handling Domain and AGV segments in the North American and European markets 1. Procurement & Production 2. Packaging 3. Materials handling & logistics Raw mat
Slide 52: Materials Handling integrated solutions
Materials Handling integrated solutions 3 13.5 x 2.4m 2 1 Scott Technology Limited: ID25 | 52
Slide 53: Poco Loco Video
Poco Loco Video Scott Technology Limited: ID25 | 53
Slide 54: Materials Handling: Poco Loco
Materials Handling: Poco Loco • A specialist in corn snacks was looking to expand their business and searched for an automatic palletizing system • Since they operate multiple lines with different products, they were convinced by our multiline palletizing solution • The result is a Scott Multiline S
Slide 55: Automated Guided Vehicles - NexBot
Automated Guided Vehicles - NexBot • NexBot is Scott’s next-generation modular AGV platform, engineered to handle pallets and heavy loads without the cost or complexity of fully custom vehicles • NexBot combines proven reliability with faster delivery times and a lower cost base • Universal base and
Slide 56: Scott Technology Limited: ID25 | 56
Scott Technology Limited: ID25 | 56
Slide 57: Maestro + WCS/WES Software
Maestro + WCS/WES Software • Maestro+ is Scott’s Warehouse Control Software (WCS), designed to coordinate and optimise all end-of-line operations. • Intelligence layer between ERP/WMS systems and automation equipment, ensuring smooth order execution, real-time visibility, and simplified changeovers.
Slide 58: Materials Handling Highlights
Materials Handling Highlights Scott sets the standard in end-of-line automation, streamlining everything from secondary packaging to palletizing, storage, and dispatch. Customer First Trusted by tier 1 food, beverage, and pharma manufacturers. Proven track record in industries with the highest stand
Slide 59: Appliances
Cathy Zhang Regional Director of China APPLIANCES Scott Technology Limited: ID25 | 59
Slide 60: Appliances domain overview
Appliances domain overview Fully automated production lines and standalone equipment units, catering to the needs and flexibility of modern appliance manufacturing. Scott Technology Limited: ID25 | 60
Slide 61: Appliances domain overview
Appliances domain overview China based Centre Sales across of Excellence 60 $36m 11% 13% 29% Service as a % North America, China, & Europe Scott FY24 Appliance as a % Net Employees Revenue of Revenue of Group Revenue Margin Scott’s appliances business manufacturers turn-key systems for major global
Slide 62: Midea Appliance Line
Midea Appliance Line Scott Technology Limited: ID25 | 62
Slide 63: Appliances Highlights
Appliances Highlights Positioning Scott Appliances for Long-Term value creation in Global Markets Deepened customer relationships with head offices and production facilities. Customer First Supporting greater commissioning speeds for new plants and upgrades. Key-account focus and Lifecycle Solutions
Slide 64: Financial Overview
Mark O’Malley Chief Financial Officer FINANCIAL OVERVIEW Scott Technology Limited: ID25 | 64
Slide 65: Group performance metrics
Group performance metrics Group revenue over time ($m) Sales and service revenue split over time ($m) Group net margin % over time 276 276 268 268 4 16 36 222 222 77 40 72 206 206 49 27% 27% 26 41 57 42 29 46 60 Service 20 40 Sales 24% 24% 29 76 57 195 199 47 160 165 127 94 68 70 FY21A FY22A FY23A F
Slide 66: Commercial Drivers
Commercial Drivers Diversified revenue streams across projects, products and services driving future growth Projects Products Service Sales FY24 Revenue Composition ~56% ~16% 28% Built on strong customer Higher margins, lower risk, Recurring Revenue partnerships & trust reduced lead time on installe
Slide 67: Service Revenue
Service Revenue Service revenue over time ($m) Fundamentals of Service: Total Service • Provides recurring, profitable revenue stream +19% • Rapid growth in installed base from recent years 77 provides a foundation for future revenue growth 72 Appliance + Other 6 • Diversify earnings from equipment
Slide 68: Forward work
Forward work Snapshot of forward work over time ($m) Overview: • Secured work that has not been recognised as revenue • Orders can span over multiple reporting periods Why it matters: 191 195 • Revenue visibility 184 – Scott doesn’t provide formal guidance - forward work provides a steer 16 19 19 16
Slide 69: Geographic growth – revenue from external customers
Geographic growth – revenue from external customers Leveraging embedded customer partnerships, 93 41 Scott is now accelerating its growth into largely 13 12 Legacy business untapped North American market predominately North America China + ROW 27 4 through BladeStop, Poultry & MHL solutions -2% +51%
Slide 70: Domain Summary FY21 – FY24
Domain Summary FY21 – FY24 Materials handling & logistics Mining 26% 43% 40% 40% 23% 22% 36% 20% 127 Revenue CAGR: +23% 49 Revenue CAGR: +19% 40 41 94 29 68 70 Net Margin: 22% Net Margin: 36% FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Protein Appliances 31% 29% 33% 32% 28% 28% 76 Revenue CAGR: +8% 40 R
Slide 71: Multiple organic growth drivers to deliver on 2030 ambitions
Multiple organic growth drivers to deliver on 2030 ambitions Appliances Materials Handling Mining Protein 3% - 7% 7% - 11% 6% - 10% Revenue CAGR 16% - 20% Revenue CAGR Revenue CAGR Revenue CAGR Growth Levers: Growth Levers: Growth Levers: • Accelerated AMS growth to blue-chip Growth Levers: • Strate
Slide 72: FY30 Dot on the Horizon
FY30 Dot on the Horizon The revised focus areas will drive growth, objectives include: Revenue by domain ($m) • “$530 by 30” – sustainable Protein MHL Mining Appliances Other profitable growth 530 • Higher proportion of Revenue from Lifecycle Services CAGR +11% FY24 – FY30 • Partner with Key Account
Slide 73: EBITDA Margin
EBITDA Margin Reported EBITDA and Margin over time ($m) 80.0 16.0% • EBITDA progression: solid growth through FY23, followed by a dip in FY24 due to one-off costs in year* 70.0 • Near-term: FY25 forecast indicates a return to growth 14.0% 14% target by FY30 with strong net margins, control on spend
Slide 74: Capital Management
Capital Management Current funding mix: • Working capital is crucial to manage where project cash flows can be volatile Cash flow* Debt Facility headroom • Capex is spent primarily on machining, fabrication & assembly equipment – disciplined approach taken with demonstrable returns needed prior to a
Slide 75: Dividend Policy
Dividend Policy Dividend declared over time (cents per share) • Scott aims to provide sustainable, consistent and growing 12 100% dividends, while maintaining financial flexibility 90% • Dividends will be considered semi-annually 10 73% 72% 80% 70% 70% • Target payout ratio of 50–80% of adjusted net
Slide 76: Trading update
Trading update • FY25 EBITDA expected to be a record result and within the range of $30.5m to $31.5m • FY24 operating EBITDA was $30.2m and reported EBITDA was $26.4m • FY25 Revenue expected to be within the range of $270m to $275m versus prior year of $276m • Revenue was down -14% at half year resu
Slide 77: Action Roadmap
Mike Christman Chief Executive Officer ACTION ROADMAP Scott Technology Limited: ID25 | 77
Slide 78: Destination 2030: Building for Sustainable, Profitable Growth
Destination 2030: Building for Sustainable, Profitable Growth To be the trusted partner that puts our customers first fostering lasting partnerships that drive innovation and success PURPOSE Destination VISION 2030 Powering our customers and industry with transformative solutions & services Scott Te
Slide 79: Action Roadmap – Lets Go
Action Roadmap – Lets Go GROUP ACTIVITIES >> ENABLERS & PRIORITIES Year One Year Two Year Three Onwards Performing Customer Feedback Team Market High Key Customer Account Plans Customer Communications Domain Market Analysis understanding Customers Key Innovation Partner HPT Program Enabled Key accou
Slide 80: Recent contract wins and update
Recent contract wins and update • MHL: Multiple palletizing projects with Agristo and Lutosa totalling +$19m • Protein: Contract win to install an existing LEAP Primal for Dawn Meats in UK – Scott’s first UK install Scott Technology Limited: ID25 | 80
Slide 81: Questions
QUESTIONS Scott Technology Limited: ID25 | 81