Codan Limited · ASX:CDA
Codan — Canaccord Boston Growth Conference 2026
28 slides from Codan's conference presentation, Aug 12, 2026
Slide 1: ASX cover letter: Canaccord Boston Growth Conference Presentation
12 August 2026 Company Announcements Office Australian Securities Exchange Level 4 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam For personal use only Canaccord Boston Growth Conference Presentation Please find attached a copy of Codan Limited’s Canaccord Boston Growth Conference presentation for
Slide 2: Canaccord Boston Growth Conference
For personal use only Canaccord Boston Growth Conference Codan Limited August 2026
Slide 3: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER Disclaimer This presentation has been prepared by Codan Limited (ABN 77 007 590 605) This presentation may contain forward‐looking statements with respect to the For personal use only (Codan). The information contained in this presentation is for information purposes
Slide 4: Contents
CONTENTS CODAN OVERVIEW For personal use only HISTORICAL FINANCIALS STRATEGY BUSINESS UNITS • DTC • Zetron • Minelab APPENDIX
Slide 5: Global group of innovative technology companies
For personal use only Codan is a global group of innovative, technology companies. We are focused on transforming lives through critical technologies. And delivering solutions across communication, detection and connection. 4
Slide 6: Core Brands
CORE BRANDS Innovative lifesaving, mission critical communications and detection technology For personal use only Mission-critical communications Market-leading detection technologies solutions First-choice integrated technologies for public safety and critical infrastructure 5
Slide 7: Diversified Global Technology Company
DIVERSIFIED GLOBAL TECHNOLOGY COMPANY Codan develops and manufactures innovative lifesaving, mission critical communications and detection technology for individuals, communities and governments. 150+ Countries where Codan 20 Sites globally, across >1,100 Global employees, CODAN’S CORE For personal
Slide 8: Leadership Team
LEADERSHIP TEAM For personal use only Alf Ianniello Kayi Li Marjolijn Woods Pieter Guichelaar Managing Director Chief Financial Officer¹ Chief Human Chief Operating and CEO Resources Officer Officer Ben Harvey Paul Sangster Scott French Daniel Hutchinson Executive General Executive General Executive
Slide 9: The Journey
THE JOURNEY Key milestones in Codan’s history HF radio communications Successful For personal use only for school of the air, acquisition & Australian outback integration of 4 community and more businesses emergency services. Minelab acquisition Commencement of & dominance of Entry into US exports m
Slide 10: Historical Financials
For personal use only Historical Financials
Slide 11: Historical Performance
HISTORICAL PERFORMANCE Codan’s disciplined execution has expanded the quality and predictability of its revenues and earnings For personal use only GROUP REVENUE ($M) GROUP EBIT ($M) GROUP NPAT ($M) 146 674 104 551 114 81 100 71 457 88 68 394 FY23 FY24 FY25 H1 FY26 FY23 FY24 FY25 H1 FY26 FY23 FY24 F
Slide 12: Market Update (April 2026)
MARKET UPDATE (APRIL 2026) On 29 April 2026, Codan provided the following guidance for full year FY26: For personal use only • Communications revenue growth expected at the top end of the 15% to 20% range, reflecting: • strong demand from defence customers for unmanned systems, supported by ongoing
Slide 13: Strategy
12 For personal use only Strategy
Slide 14: Building a Stronger Codan
BUILDING A STRONGER CODAN Our success “building a stronger Codan” is underpinned by both financial and operational objectives For personal use only INNOVATIVE PRODUCT EXCEPTIONAL LEADERSHIP & DEVELOPMENT CULTURE ACCOUNTABILITY Engineering investment Fosters collaboration Fostering an environment whe
Slide 15: Engineering Investment
ENGINEERING INVESTMENT Invest in ourselves - strong pipeline of projects For personal use only • H1 FY26 engineering spend of ~$35.8 million, equating to ~9% of ENGINEERING ENGINEERING SPEND BY Group revenues SPEND ($M)1 BUSINESS UNIT • Ongoing engineering investment across segments supports H1 H2 c
Slide 16: Recent Acquisitions
RECENT ACQUISITIONS Successfully integrated >$260 million of accretive acquisitions, delivering value For personal use only DOMO TACTICAL COMMUNICATIONS ZETRON May 2021 ~$108M May 2021 Established technology provider for high bandwidth wireless communications with specialist capabilities in MIMO MES
Slide 17: Business Units
For personal use only Business Units
Slide 18: DTC
DTC Communications solutions that enable customers to be connected For personal use only PRIMARY MARKETS MILITARY LAW ENFORCEMENT BROADCAST COMMERCIAL/NGO & INTELLIGENCE UNMANNED FAVOURABLE MARKET FUNDAMENTALS: DTC’S COMPETITIVE ADVANTAGE: • Increasing global military and defence spend in the • Adva
Slide 19: The BluSDR Family
THE BLUSDR FAMILY Flexible solutions across the UAS spectrum – deployed where the mission demands For personal use only PRIMARY COVERAGE Primary coverage BluSDR-6 BluSDR-30 BluSDR-90 BluSDR-90-UL BluSDR-200 26g | 6km | 400mW 110g | 30km+ | 2W From 2.5kg | 90km | 10W 210g | over 90km+ | 10W From 2.7k
Slide 20: Zetron
ZETRON True end-to-end mission critical solutions provider For personal use only PRIMARY MARKETS PUBLIC SAFETY TRANSPORTATION UTILITIES FAVOURABLE MARKET FUNDAMENTALS: ZETRON’S COMPETITIVE ADVANTAGE: • US to upgrade 911 infrastructure, with potential access to long-term federal • Long term customer
Slide 21: SALUS: Platform Transition Driving Growth and Recurring Revenue
SALUS: Platform Transition Driving Growth and Recurring Revenue Unifying Zetron’s legacy systems into a single, scalable software and services platform For personal use only BEFORE: CURRENT MODEL AFTER: SALUS PLATFORM MODEL Unified control room platform Multiple standalone systems (ACOM, MAX, Cortex
Slide 22: Minelab
MINELAB Delivering market-leading, innovative detectors For personal use only PRIMARY MARKETS RECREATION / GOLD PROSPECTING / COUNTERMINE PROFESSIONAL MINING Coin & Treasure, Handheld Landmine Gold Detectors Gold Detectors Detectors FAVOURABLE MARKET FUNDAMENTALS: MINELAB’S COMPETITIVE ADVANTAGE: •
Slide 23: Ultimate depth across all soils and conditions (GPZ 8000)
For personal use only Ultimate depth across all soils and conditions • Find deep targets Ultimate Depth. • Handle challenging ground Ultimate Control. • Stable depth performance in all soils With • GeoZVT Technology • Echo Sonic Pro Audio • Z-Set Concentric Toroidal Coils GPZ 7000 vs GPZ 8000 •Great
Slide 24: More Precision. More Depth. More Gold. (Gold Monster 2000)
More Precision. More Depth. More Gold. For personal use only Extreme sensitivity across all gold sizes and terrains • Find ultra-small and deeper gold • Handle highly mineralized ground with ease • Stable performance in changing conditions With • Multi-Au® Technology • Advanced Target ID & Gold Chan
Slide 25: Appendix
For personal use only Appendix
Slide 26: Defence Ecosystem
DEFENCE ECOSYSTEM SPACE ISR UAV AIR For personal use only SWARM UAV BluSDR -90-Ul/ BluSDR -200* BluSDR -6 / BluSDR -30* SEA USV Mesh, HF * SOL8SDR-H2 L/S/C Forw ard Operatin g Base Sentry-H 6110-MP* RIOS, Sentry-H 6110 / Sen try-H 6120* Sentry Mesh 6161 L/S* Satellite Comms Satellite Comms KEY DIFFE
Slide 27: Public Safety Ecosystem
PUBLIC SAFETY ECOSYSTEM SPACE AIR For personal use only ISR Drone Mesh* First Response Drone P25/M esh* First Response Drone Mesh* P25/Wireless Mesh* SEA P25 Satellite Comms Mesh, HF * Border Patrol USV Mesh, HF * P25/Wireless Zetron CAD/D ispatch Mesh* Call Triage / Response Orchestration* Mo bile
Slide 28: For personal use only
| For personal use GOLD PROSPECTING / MINING GOLD MONSTER1000 GOLD MONSTER 2000 “te ts ee lg a Sts CE DETECTION (OLD RECOVERY *FIND Oto B-*, VaNELUSH “|< e+, Ry DeTERRAGSS “WOVAGER Sh, @-4 InFREB ID )CTERRA a—Ag 2 _@ EQUINOX ) mRITTICORE @—ig = EXCALIBUR II. CTX 3030 Big MINELAB