Slide 1: 1H26 Results Presentation
CONNECTING MARKETS CREATING OPPORTUNITIES 1H26 RESULTS PRESENTATION 19 February 2026 REDOX LIMITED (RDX.ASX) 1
Slide 2: Agenda
Agenda 1 1H26 Highlights 2 1H26 Financials 3 Strategy & Outlook 4 Q&A 5 Supplementary Information 2
Slide 3: 1H26 Highlights
1H26 Highlights Raimond Coneliano Chief Executive Officer & Managing Director 3
Slide 4: 1H26 Highlights
1H26 Highlights $674m 21.5% 14.0% $145m Sales Revenue Gross Profit Margin After Tax ROIC Gross Profit 6.6% growth vs PCP up 0.5ppts vs PCP up 5.9% vs PCP 44.7% $145m 6.5 cps 29.0% Conversion Margin Cash or Cash Equivalents Interim Dividend Net Working Capital (Gross Profit to EBITDAFX) Zero Net Debt
Slide 5: Sales Performance
Sales Performance 1H26 sales increased by 6.6% vs PCP driven by organic growth, supplemented by acquired business against the backdrop of lower demand $680 $674m $150 Industry segment performance $145m $660 $145 • Industrial sales increased 29% vs PCP driven by portfolio addition in power transmissi
Slide 6: Broad Industry Reach – expanding in new segments
Broad Industry Reach – expanding in new segments 22% 2% 12% 17% 14% Food & Human Health Personal Care Animal Health & Nutrition Crop Production & Protection Industrial Food & Beverage, Hair, Skin, Oral care, Bath & Animal Feed, Pet Food, Fertiliser, Pesticide & Herbicide, Lubricant, Building Materia
Slide 7: 1H26 Financials
1H26 Financials Kim Yap Chief Financial Officer 7
Slide 8: Profit & Loss overview
Profit & Loss overview 1H26 1H25 Change $m $m % Revenue 673.6 631.8 6.6% $674m Gross profit Gross margin 144.6 21.5% 136.6 21.6% 5.9% -0.1ppts Top line revenue grew 6.6% vs PCP buoyed Underlying EBITDAFX 1 64.6 61.7 4.7% by acquired businesses and strong US Underlying EBITDAFX 1 growth margin 9.6% 9
Slide 9: Revenue and Gross Profit
Revenue and Gross Profit 33.2% 1H26 $m 1H25 $m Change % North American Revenue growth vs PCP driven by Revenue – Australia 569.8 536.6 6.2% expansion into new industry sectors and additional Revenue – New active products Zealand 51.2 55.1 -7.1% Revenue – North 47.7 35.8 33.2% America 21.5% Revenue –
Slide 10: Operating Costs
Operating Costs $6.0m 1H26 1H25 Change Operating Costs increase spread between volume $m $m $m driven expenses, administration and other Administration expenses 39.8 37.6 2.2 expenses Distribution and storage 32.0 30.6 1.4 expenses $2.4m Other expenses Total underlying operating expenses1 14.0 85.8
Slide 11: Cash Flow
Cash Flow 1H26 1H25 Change 91.4% Cash from $m $m $m 62.2 12.0 50.2 Free Cash Flow Conversion above normal range (60% operations to 80%) due to timing of incoming shipments resulting Cash flows from in lower inventory level investing 1 8.9 22.2 -13.3 Cash before 71.1 34.0 37.1 financing Free cash flo
Slide 12: Net Working Capital
Net Working Capital Dec-25 Jun-25 Change 29.0% $m $m $m Net working capital Net Working Capital as a % of Revenue driven by lower (NWC) 1 390.8 406.5 -15.7 inventory NWC as % of 29.0% 32.7% revenue 1 $145m Net cash & cash 144.8 124.0 20.8 equivalents Net Cash & Cash Equivalents (zero net debt) provi
Slide 13: Dividend & Dividend Policy
Dividend & Dividend Policy Interim Dividend Dividend Policy Interim Dividend for FY26 of 6.5 cents Long term Dividend payout ratio will per share, representing a pay out of be 60%-80% of profits 78% of profits Dividend to be paid on the 25 March 2026 Record date 4 March 2026 13
Slide 14: Strategy & Outlook
Strategy & Outlook Raimond Coneliano CEO and Managing Director 14
Slide 15: 60+ year record of Chemical Distribution leadership
60+ year record of Chemical Distribution leadership Primary focus organic Extensive and growing growth complimented customer, supplier by acquisitions & and product base 8,000+ 5,000+ geographic expansion ACTIVE CUSTOMERS SKU’S 100+ 1,000+ STOCK LOCATIONS ACTIVE SUPPLIERS Largest 30-year supplier in
Slide 16: Connecting Markets, Creating Opportunities – Outlook
Connecting Markets, Creating Opportunities Outlook • While market conditions remain dynamic, Redox continues to demonstrate resilience and expects to deliver growth through disciplined execution and diversification • Redox is well financed with zero net debt and is asset light allowing it to deliver
Slide 17: Q&A
Q&A Raimond Coneliano CEO and Managing Director Kim Yap Chief Financial Officer 17
Slide 18: Supplementary Information
Supplementary Information 18
Slide 19: Profit & Loss 1H26
Profit & Loss 1H26 1H26 1H25 Change $m $m $m Revenue 673.6 631.8 41.8 COGS -529.0 -495.3 33.7 Gross profit 144.6 136.5 8.1 Operating expenses excluding depreciation -80.0 -74.8 5.2 Underlying EBITDAFX 64.6 61.7 2.9 Depreciation and amortisation -5.8 -5.0 0.8 Underlying EBITFX 58.8 56.7 2.1 Net finan
Slide 20: Disclaimer
Disclaimer Important notices This Presentation has been prepared by Redox Limited (ABN 92 000 762 345) (“RDX” or “Company”). Summary information This Presentation contains summary information about RDX and its activities current as at 31 December 2025. The information in the Presentation is of a gen
Slide 21: Redox
REDOX ee fin @redoxglobal. RedoxGlobal Redox Redox_global bsky.social Limited 21