Mayfield Group Holdings Limited · ASX:MYG
Mayfield — FY2026 Earnings Presentation
26 slides from Mayfield's earnings presentation, Aug 27, 2026
Slide 1: FY2026 Results
FY2026 Results INVESTOR PRESENTATION Year ended 30 June 2026 · Released 27 August 2026
Slide 2: FY2026 at a Glance
FY2026 AT A GLANCE Record revenue and earnings, with FY2027 guidance of $224 to $229 million $169.0m $18.5m $12.8m $10.9m REVENUE UNDERLYING EBITDA PROFIT BEFORE TAX UNDERLYING NPAT1 ▲ 43.0 % ▲ 54.0 % ▲ 29.2 % ▲ 50.1 % FY2025 $118.1m FY2025 $12.0m FY2025 $9.9m FY2025 $7.3m 4.4c $11.4m $224–229m FY20
Slide 3: A diversified platform operating across three core divisions
AUSTRALIA’S LEADING PROVIDER OF CRITICAL ELECTRICAL INFRASTRUCTURE A diversified platform operating across three core divisions MANUFACTURING CRITICAL CONTROL PRODUCT KEY INDUSTRIES SERVED: & COMMUNICATIONS SOLUTIONS Renewable Energy Telecommunications PRIMARY PROJECT PRODUCT EARNINGS BASED SOLUTION
Slide 4: Momentum continued across key metrics in FY26
MOMENTUM CONTINUED ACROSS KEY METRICS IN FY26 Momentum continued across key metrics in FY26 REVENUE PBT UNDERLYING EBITDA, & MARGIN1 $20.0m 10.9% 12.0% 10.1% 29.5% CAGR $12.8m $18.0m 8.7% $16.0m 8.1% $18.5m 10.0% $9.9m $14.0m 8.0% $12.0m $169.0m $10.0m $12.0m 6.0% $8.0m 4.0% $4.8m $6.0m $3.9m $4.0m
Slide 5: FY26 Results overview
FINANCIAL PERFORMANCE FY26 Results overview FY2026 FY2025 CHANGE Commentary • Manufacturing was the primary driver for revenue Revenue $169.0m $118.1m ▲ 43.0% growth, Critical communications delivered improvements in FY26 Underlying EBITDA1 $18.5m $12.0m ▲ 54.0% • Revenue growth supported by 10 mont
Slide 6: Revenue up 43%, with 17% organic growth
FY26 REVENUE BRIDGE Revenue up 43%, with 17% organic growth $204m $12m $169m $19m $20m $118m FY25 Organic revenue BE Switchcraft SMEC FY26 FY26 Proforma 1 (10-mths contribution) (3-mths contribution) 1. FY26 Pro-Forma assumes annualised contributions from BE Switchcraft ($21m) and SMEC ($45m) MAYFIE
Slide 7: Underlying NPAT up 50.1%, ~23% organic
FY26 UNDERLYING NPAT BRIDGE Underlying NPAT up 50.1%, ~23% organic +$1.4m $10.9m +$0.6m +$1.6m $8.9m $7.3m FY2025 Organic growth FY2026 organic SMEC BE Switchcraft FY2026 Underlying NPAT Existing business +22% on FY2025 Acquired Acquired Underlying NPAT Organic growth excludes the FY2026 underlying
Slide 8: Two acquisitions, both performed in line with expectations
FY2026 ACQUISITIONS Two acquisitions, both performed in line with expectations BE SWITCHCRAFT SMEC POWER & TECHNOLOGY Diversifies the customer base, Completed 29 August 2025 Deepens resources exposure, Completed 31 March 2026 $1.4m Big wins year with Osborne Shipyards and Mt Barker Hospital. Assisti
Slide 9: Cash Conversion
MOVEMENT IN CASH AND CASH EQUIVALENTS, FY2026 Cash Conversion Operating cash flow $5.0m EBITDA to cash conversion 27% +$32.7m ($16.1m) BE Switchcraft $3.9m SMEC $12.2m ($10.6m) +$18.5m ($13.4m) ($1.7m) ($4.5m) $21.8m $16.9m Cash at Underlying Tax, interest & Net proceeds Acquisitions, Property, plan
Slide 10: Debt free, with the balance sheet reset for growth
FINANCIAL POSITION Debt free, with the balance sheet reset for growth BALANCE SHEET as at 30 June 2026 Strengthened balance sheet, strong cash FY2026 FY2025 position Cash and cash equivalents 21.8 16.9 • Total assets up 118% to $143.6m following Trade and other receivables 31.5 12.6 acquisition acti
Slide 11: Structural drivers, visible in the order book
END MARKETS AND DEMAND Structural drivers, visible in the order book AI AND DATA CENTRES WORK IN HAND ($M)3 • Power-intensive computing is driving sustained switchboard and switchroom 135 demand; now one of the largest sources of activity and pipeline. 114 104 99 MINING ELECTRIFICATION • SMEC adds u
Slide 12: Major projects in FY26
FY2026 PROJECTS Major projects in FY26 Cape Lambert High Mel03 Data Centre Central West Orana Density Ore Project Stages 1 & 2 Renewable Energy Zone Delivered 9 switchrooms and 30 LV Delivered 18 switchrooms and 96 Delivering 26 control rooms and 200 switchboards for the upgrade of the switchboards
Slide 13: Consistent operational execution
DELIVERY AGAINST FY2026 COMMITMENTS Consistent operational execution COMMITMENT OUTCOME STATUS Complete and integrate the Completed 29 August 2025; contributing $18.6m to DELIVERED BE Switchcraft acquisition revenue in FY26 and performing in line with expectations Complete the SMEC Power Completed 3
Slide 14: Safety, environment and people
RESPONSIBLE GROWTH Safety, environment and people SAFETY ENVIRONMENT PEOPLE • FY2026 LTIFR = 0 • Dedicated Environmental Specialist • Mayfield’s growing national workforce of appointed 535 employees as at 30 June 2026 spans • ISO 45001 occupational health and five business units and five states safe
Slide 15: Outlook
MAYFIELD GROUP HOLDINGS “4 \e) = J > @)
Slide 16: Revenue guidance of $224–229 million, supported by work in hand and a building pipeline
VISIBLE PATH TO FY2027 REVENUE GROWTH Revenue guidance of $224–229 million, supported by work in hand and a building pipeline $224–229m $169m ▲ 33–36% Revenue growth FY2026 revenue FY2027 revenue guidance FY27 GUIDANCE • FY27 revenue expected in a range between $224 and $229 million, representing gr
Slide 17: FY27 strategic initiatives
STRATEGIC PILLARS FY27 strategic initiatives GROW THROUGH PRODUCT 01 EXPAND MANUFACTURING CAPACITY 02 DEVELOPMENT • Ramp up facilities at Hope Valley WA from December 2026 to meet demand. • Develop capabilities in medium voltage switchgear, transformers, battery energy storage, kiosk • Staged transf
Slide 18: Nilsen Switchboard division
SUBSEQUENT TO YEAR-END Nilsen Switchboard division Concluded the acquisition of Nilsen’s Switchboards Division on 31 July 2026 for $4.0 million cash1. • Adds the proven N-Series product platform to Mayfield’s offering. The N Series switchboard has a large install base across mining, infrastructure a
Slide 19: Capacity to grow from a national manufacturing and services footprint
A N A T I O N A L M A N U F A C T U R I N G A N D S E R V I C E S F O O T P R I N T C A PA C I T Y TO G R O W F R O M ~55,000 TO ~73,000 M² WESTERN AUSTRALIA QUEENSLAND Hope Valley, Bibra Lake & Kalgoorlie Brendale • New 20,000m² Hope Valley facility available from 1 Dec Depot for all Mayfield Group
Slide 20: Why Mayfield
THE INVESTMENT CASE Why Mayfield PURE-PLAY DELIVERY STRUCTURAL CAPACITY TO EXPOSURE RECORD DEMAND COMPOUND The only ASX-listed pure-play Three acquisitions completed Long-term investment in Debt free at 30 June 2026, electrical infrastructure in twelve months on disciplined electrification, AI-drive
Slide 21: Appendices
MAYFIELD GROUP C HOLDINGS Appendice
Slide 22: Complete lifecycle solutions
COMPLETE LIFECYCLE SOLUTIONS Design Install Service & Maintain Modernise Replace DEFENCE & GOVERNMENT ENERGY & DATA RENEWABLES CENTRES BESS INFRASTRUCTURE MINING MAYFIELD GROUP HOLDINGS LTD 22
Slide 23: Statutory to underlying reconciliation
FROM PROFIT BEFORE TAX TO NPATA Statutory to underlying reconciliation 1 PROFIT BEFORE TAX TO UNDERLYING EBITDA FY2026 FY2025 • Amortisation of acquired intangibles reduces statutory profit but has Statutory profit before tax $12.8m $9.9m no cash impact. Adding it back after tax gives NPATA of $11.4
Slide 24: Fully franked ordinary dividends increased through growth
SHAREHOLDER RETURNS Fully franked ordinary dividends increased through growth CENTS PER DIVIDEND FRANKING PAID / PAYABLE SHARE FY2026 ORDINARY DIVIDEND DECLARED 4.4c FY25 interim 1.00 100% March 2025 FY25 special 5.30 100% March 2025 ▲ 37.5 % (FY2025 Ordinary 3.20c) FY25 final 2.20 100% September 20
Slide 25: Important information
AUTHORISED FOR RELEASE BY THE BOARD OF MAYFIELD GROUP HOLDINGS Important information SUMMARY INFORMATION NOT INVESTMENT ADVICE FORWARD-LOOKING STATEMENTS NON-IFRS FINANCIAL INFORMATION UNAUDITED OPERATIONAL DATA ROUNDING AND CURRENCY MAYFIELD GROUP HOLDINGS LTD 25
Slide 26: ASX:MYG | mayfieldgroup.com.au
ASX:MYG | mayfieldgroup.com.au investors@mayfieldgroup.com.au 26
Mayfield Group Holdings — FY2026 Earnings Presentation on 6ix