Lgi Ltd · ASX:LGI
Lgi — Shareholder Meeting (November 2025)
33 slides from Lgi's shareholder meeting presentation, Nov 19, 2025
Slide 1: 2025 Annual General Meeting
2025 Annual General Meeting 19 November 2025
Slide 2: Disclaimer
Disclaimer This document has been prepared by LGI Limited ACN 138 085 551 (LGI or the Company) to provide summary information about the Company and its associated express or implied, contained in, arising out of or derived from, or for omissions from, this document including, without limitation, any
Slide 3: Acknowledgement of Country
Acknowledgement of Country 3
Slide 4: Agenda
Agenda 1 Chairman’s address 2 Managing Director’s address 3 Formal Business 4
Slide 5: Presenting Today
Presenting Today VIK BANSAL ADAM BLOOMER Chairman Managing Director Vik has extensive experience in leading complex Adam Founded LGI in 2009, with global public listed businesses in the industrial sector. decades of experience developing Vik is also an experienced Executive and non- projects in the
Slide 6: Chairman's address
a = Chairman's address CG/ CLEAN ENERGY & CARBON ABATEMENT
Slide 7: Newly contracted sites
Newly contracted sites LGI successfully added 1 BESS project & 5 additional new long-term biogas rights contracts thorough FY25 LGI was successful in securing 5 new long term landfill biogas contracts. Belrose BESS Project In FY25 LGI signed agreement to build, own and operate Jandowae Qld – signed
Slide 8: Sydney (Eastern Creek) complete
Sydney (Eastern Creek) complete Commissioned in June 2025, on time on budget 2 x gas 4MW connection, conditioning skids, supplying BINGO designed and and exporting to constructed by LGI the grid technicians 4 x 1MW Jenbacher engines Provisions for 2 commissioned in SRS units pending June 2025 biogas
Slide 9: Canberra (Mugga Lane) phase 1 expansion complete
Canberra (Mugga Lane) phase 1 expansion complete Two additional generation units commissioned January 2025, batteries delivered June 2025 2 x 1MW 4 x 1MW existing Jenbacher engines Jenbacher engines commissioned in recommissioned November 2024 January 2025 20MW dedicated 6 x 2MW/4MWh network connect
Slide 10: Managing Director's address
Managing Director’s address
Slide 11: Operating and Financial performance
Operating and Financial performance Growth and continued operational excellence reaching new high water marks for key metrics Biogas flows (million cubic meters) ACCUs Created 127.7 493,446 100.4 113.0 115.4 402,225 420,804 432,804 Net Revenue $33.9M ↑ 10% 87.2 326,850 EBITDA $ 17.4M ↑ 14% FY21 FY22
Slide 12: Market price volatility
$/MWh $/MWh - - 50.00 100.00 150.00 200.00 250.00 300.00 50.00 100.00 150.00 200.00 250.00 300.00 Jan-23 Jan-23 Feb-23 Feb-23 Mar-23 Mar-23 Apr-23 Apr-23 May-23 May-23 Jun-23 Jun-23 Jul-23 Jul-23 Aug-23 Aug-23 Sep-23 Sep-23 Oct-23 Oct-23 Nov-23 Nov-23 Dec-23 Dec-23 Jan-24 Jan-24 Feb-24 Feb-24 Mar-24
Slide 13: Confirmation of Guidance
Confirmation of Guidance Growth and continued operational excellence GUIDANCE: FY26 EBITDA expected to grow by 25 – 30% versus FY25, subject to market dynamics, operational and timing issues outside the control of the Company LGI’s FY26 priorities, leveraging the momentum from FY25: Continued focus
Slide 14: Hybrid Meeting
Hybrid Meeting 14
Slide 15: How to ask a question?
How to ask a question? • To ask a written question, select the ‘Q & A’ icon, • select the topic your question relates to from the drop-down list. • Type your question into the chat box at the bottom of the screen and press ‘Send’. • To ask a verbal question follow the instructions on the virtual mee
Slide 16: How to vote?
How to vote? • When the poll is open, select the "Vote" icon at the top of the screen. • To vote, select either For, Against or Abstain. • A tick will appear to confirm receipt of your vote. • To change your vote, select ‘Click here to change your vote’ and press a different option to override. • Yo
Slide 17: Formal Business
CLEAN ENERGY & CARBON ABATEMENT
Slide 18: Item 1: Financial Statements and Reports
Item 1: Financial Statements and Reports “To receive and consider the Financial Report, the Directors’ Report and the Auditor’s Report for the year ended 30 June 2025.” There will be no vote on this item, it is a discussion item only. 18
Slide 19: Item 2: Adoption of Remuneration Report
Item 2: Adoption of Remuneration Report “That, for the purpose of Section 250R(2) of the Corporations Act and for all other purposes, approval is given for the adoption of the Remuneration Report as contained in the Company’s Annual Financial Report for the financial year ended 30 June 2025.” For Ag
Slide 20: Item 3: Re-election of Director – Ms Abigail Cheadle
Item 3: Re-election of Director – Ms Abigail Cheadle “That Ms Abigail Cheadle, a Director who retires by rotation in accordance with the Company’s Constitution and ASX Listing Rule 14.5, and being eligible offers herself for re-election as a Director of the Company, effective immediately.” For Again
Slide 21: Item 4: Re-election of Director – Mr Timothy McGavin
Item 4: Re-election of Director – Mr Timothy McGavin “That Mr Timothy McGavin, a Director who retires by rotation in accordance with the Company’s Constitution and ASX Listing Rule 14.5, and being eligible offers himself for re-election as a Director of the Company, effective immediately.” For Again
Slide 22: Item 5: Amendments to Constitution
Item 5: Amendments to Constitution “That, for the purposes of section 136(2) of the Corporations Act and for all other purposes, the Constitution of the Company be amended in the manner set out in the accompanying Explanatory Notes with effect from the end of the Meeting.” For Against Open Abstain 5
Slide 23: Item 6: Renew the Proportional Takeover Provisions
Item 6: Renew the Proportional Takeover Provisions “That pursuant to Section 648G of the Corporations Act 2001 (Cth), the proportional takeover provisions in the form contained in the clause 75 of the Constitution of the Company be reinserted for a period of three years from the date of the meeting.
Slide 24: Item 7: Approval of the Omnibus Incentive Plan
Item 7: Approval of the Omnibus Incentive Plan “That the Shareholders approve the amended Omnibus Incentive Plan for the purposes of ASX Listing Rule 7.2 Exception 13(b) and for all other purposes and on the terms and conditions set out in the Explanatory Memorandum.” For Against Open Abstain 33,845
Slide 25: Closing of Voting Process
Closing of Voting Process 25
Slide 26: Close Meeting
CLEAN ENERGY & CARBON ABATEMENT
Slide 27: Other Information
LG/ CLEAN ENERGY & CARBON ABATEMENT
Slide 28: Who is LGI?
Who is LGI? BIOGAS One of Australia’s leading FLARE vertically integrated landfill BIOGAS POWER GENERATION RECOVERY AND FCAS³ gas companies BIOGAS Founded in 2009 (as Landfill Gas POWER NATIONAL Industries Pty Ltd), LGI is an established STATION ELECTRICITY BATTERY domestic leader in the recovery of
Slide 29: Footprint
Footprint Growing pipeline with 6 new contracts signed in FY25 – both landfill gas rights and battery sites 34 1 Contracted sites 9 Power Stations 16 Carbon Credit Sites Battery site in construction or under assessment 1 Carbon site in construction or under assessment LGI’s contract with Midcoast Co
Slide 30: Strong FY25 EBITDA growth, solid operating performance & momentum into FY26
Strong FY25 EBITDA growth, solid operating performance & momentum into FY26 Simultaneously delivering step change growth in fleet size and earning capability • EBITDA up 14% pcp to $17.4M (towards top end of guidance range1), NPAT down 3% pcp to $6.5M • Capex build out driving higher interest and de
Slide 31: LGI Value Proposition
LGI Value Proposition LGI strives to deliver value with its vertically integrated business model in a number of key areas at the intersection of the waste, electricity and carbon sectors END-TO-END DIVERSIFIED VERTICALLY INNOVATION AND SOLUTION REVENUE STREAMS INTEGRATED TECHNICAL INGENUITY Highly c
Slide 32: Board
Board VIK BANSAL ADAM BLOOMER ABIGAIL CHEADLE ANDREW PETERS DR. JESSICA NORTH TIMOTHY MCGAVIN Non-Executive Managing Director Non-Executive Director Non-Executive Director Executive Director Non-Executive Director Chair and Founder and Audit & Risk and Chief and Chair of Committee Chair Sustainabili
Slide 33: LGI LIMITED
LGI LIMITED AUSTRALIA ABN. 49 138 085 551 57 Harvey Street North Eagle Farm 4009 QLD 07 3711 2225 enquiries@lgi.com.au www.lgi.com.au ABN 49 138 085 551