Fleetwood Limited · ASX:FWD
Fleetwood — Euroz Hartley Rottnest Conference 2026
27 slides from Fleetwood's conference presentation, Mar 17, 2026
Slide 1: Euroz Hartley – Investor Presentation (ASX announcement)
17 March 2026 EUROZ HARTLEY – INVESTOR PRESENTATION Fleetwood Limited (ASX: FWD) (Fleetwood) advises that Ms Andrea Pidcock, Chief Executive Officer, and Ms Cate Chandler, Chief Financial Officer, will present at the Euroz Hartley Conference on 18 March 2026. A copy of the presentation is attached t
Slide 2: Euroz Hartley Rottnest Conference
For personal use only Euroz Hartley Rottnest Conference 18 March 2026 Community Solutions: Searipple Village, Karratha WA,
Slide 3: Acknowledgement of Country
For personal use only Fleetwood Australia acknowledges the custodians of Wadjemup , otherwise known as Rottnest Island, on which we meet today. We pay our respects to Elders past and present. Artwork by Garry Purchase ( Dharawal , Bidjigal and Dhungutti ) 2
Slide 4: Important Notices and Disclaimer
Important Notices and Disclaimer The information contained in this presentation is provided by Fleetwood Limited ACN. 009 205 261 (Fleetwood) for informational purposes only and does not constitute an offer, invitation or recommendation to subscribe For personal use only for or purchase any securiti
Slide 5: Today's Speakers
For personal use only Today’s Speaker Andrea Pidcock Cate Chandler Chief Executive Officer Chief Financial Officer 4
Slide 6: Operating Segments
Operating Segments For personal use only WA SA VIC NSW QL D 5
Slide 7: Overview H1 FY26 Results
Overview H1 FY26 Results Interim For personal use only Net Profit After Tax Underlying (1) EBIT Fully Franked Dividend $8.6M $18.5M 9.5 cps Up $3.9M on H1FY25 Up $0.2M on H1FY25 Down 2 cps H1FY25 Community Solutions Building Solutions RV Solutions Order Book Underlying EBIT (1) Searipple Occupancy 9
Slide 8: Community Solutions
For personal use only Community Solutions Community Solutions: Searipple Village Karratha, WA 7
Slide 9: Community Solutions operates two villages in the Pilbara Region of WA
Community Solutions operates two villages in the Pilbara Region of WA For personal use only Karratha: Port Hedland: Owner of Searipple Transient Worker Accommodation Management of Osprey Key Worker Housing • Fully catered and serviced Transient Worker • 293 houses built by Fleetwood and owned by Por
Slide 10: Searipple holds a key position in supporting transient workforce demand
Searipple holds a key position in supporting transient workforce demand in a major and growing economic hub For personal use only Pluto LNG ▪ Karratha has a diverse range of scale Perdaman operations with a large population of transient Urea Plant Woodside Gas fly in and fly out workers Plant Yara F
Slide 11: Market Supply of Transient Worker Accommodation in Karratha is planned to decrease
Market Supply of Transient Worker Accommodation in Karratha is planned to decrease which will benefit Searipple Approved Transient Worker Accommodation (TWA) facilities: new and existing rooms For personal use only -2,225 Outlook 7,647 7,647 2,640 6,359 6,359 6,397 5,422 5,422 5,422 415 5,422 Others
Slide 12: Strong demand for transient rooms expected to continue
Strong demand for transient rooms is expected to continue, underpinned by a deep pipeline of projects and significant investment in assets that will require ongoing maintenance For personal use only Company Project Industry Investment Status Start End Woodside Pluto 2 LNG $17.6B Construction 2026 Co
Slide 13: Outlook for Searipple occupancy remains positive beyond FY26
In summary, the outlook for Searipple occupancy remains positive beyond FY26 supporting sustainable earnings 110 For personal use only Occupancy % 100 available rooms 96 1,250 90 84 Outlook(1) 80 76 70 65 60 50 40 FY27 outlook 40 34 • Jul-26 100% contracted 30 • Aug-26 to Apr-27 64% contracted • Cur
Slide 14: Building Solutions
For personal use only Building Solutions Building Solutions: Modern Method of Construction Social & Affordable homes, Mackay QLD 13
Slide 15: Fleetwood Building Solutions: modern modular manufacturing with national footprint
Fleetwood Building Solutions is a leader in modern modular manufacturing and construction with a national footprint to support growth For personal use only Location Total Facility Area (m2) High Wycombe, WA 66,350 Crestmead, QLD 50,000 Para Hills West, SA 19,000 Crestmead, QLD Smithfield, NSW 28,825
Slide 16: Modular building can reduce build time by up to 50%
The advantage of modular building is that is has the potential to reduce build time by up to 50% For personal use only Site set up Handover Traditional Planning and Foundations Onsite Construction designing construction over-run construction Traditional Planning and Offsite designing manufacture Bui
Slide 17: Building Solutions has delivered double digit revenue growth
Building Solutions has delivered double digit revenue growth from segment diversification and a growing acceptance of modular For personal use only Building Solutions Revenue $M Revenue By Segment % 3% 7% 9% 10% CAGR 15% 400 356 350 333 310 296 20% 300 249 250 221 209 200 179 333 356 150 296 310 249
Slide 18: Growing acceptance of modular provides strong tail winds for growth
The growing acceptance and need for modular as a solution provides strong tail winds for growth For personal use only Revenue growth will be delivered from growing markets alongside protecting penetrated sectors and recurring revenue Segment Segment detail QLD VIC WA SA NSW FWD Government / Public c
Slide 19: The levers for growth in Building Solutions earnings
The levers for growth in Building Solutions earnings include ….. For personal use only Revenue Gross Margins Fixed Costs Profitability • Continue to • Accelerate • Consolidate entities • Imperative that diversify revenue manufacturing and simplify each state achieves across customers disciplines to
Slide 20: Summary: Why Fleetwood?
Summary For personal use only Why Fleetwood? ✚ Community Solutions has potential for sustainable long - term earnings in the Pilbara underpinned by increasing economic activity, with further potential to expand ✚ Building Solutions to continue to increase market penetration and build manufacturing c
Slide 21: Solid foundation with growing momentum to deliver sustainable earnings
For personal use only Solid foundation with growing momentum to deliver sustainable earnings and shareholder returns 20
Slide 22: Appendix
For personal use only Appendix Building Solutions: Perth Factory WA 21
Slide 23: Profit & Loss
$ Million H1FY26 H1FY25 Change Profit & Loss Revenue EBITDA 229.5 22.9 272.7 25.2 - 43.2 - 2.3 Impairment - 6.0 6.0 Depreciation - 10.12 - 8.8 - 1.3 For personal use only EBIT 13.7 10.4 3.3 EBIT % Revenue 5.9% 3.8% 2.1% ✚ Revenue from higher occupancy in Community Solutions was Finance costs - 1.2 -
Slide 24: Cash Flow & Capital Management
$ Million H1FY26 H1FY25 Change Cash Flow & EBITDA Non - cash 22.9 - 0.9 25.2 - 6.0 - 2.3 5.1 Capital Management Working capital and other Operating cash flow - 15.2 6.8 5.4 24.6 - 20.6 - 17.8 Cash conversion 30% 98% - 65% For personal use only Net capex - 3.1 - 3.2 0.1 Net interest paid - 0.4 - 0.3
Slide 25: RV Solutions Impairment & Restructuring costs
Appendix For personal use only RV Solutions Impairment & Restructuring costs $ Million H1FY26 H1FY25 Change ✚ 1HFY26 underlying results excluded $4.8M in restructuring Impairment Goodwill NRV 6.0 costs related to the closure of manufacturing and site Impairment Dandenong lease 1.3 consolidation in V
Slide 26: Karratha catchment: current and planned projects
Karratha catchment: current and planned projects Project Name Company / Proponent Industry Value ($m) Status Estimated Construction Jobs Pluto Train 2 Expansion (Scarborough Energy Project) Woodside, Bechtel Oil & Gas 5600 Construction 3130 Perdaman Urea Plant Perdaman Manufacturing 6500 Constructio
Slide 27: Thank you
For personal use only Thank you 26