Slide 1: FY26-H1 Results Presentation
DUG Technology FY26-H1 Results Presentation 25 February 2026 dug.com 1
Slide 2: FY26-H1 Results: Key Themes
FY26-H1 Results: Key Themes Malaysian SaaS and HPCaaS (“EPIC”) contract signed and commissioned TCV of US$43.3m (US$30.1m net to DUG) over initial 3-year term. FY26-H1 result reflects implementation and ramp-up to full commissioning in mid-Dec 2025. Record half-year financial performance DUG deliver
Slide 3: Record half-year financial performance
Record half-year financial performance Revenue Normalised EBITDA1 Cash ↑ 40% on FY25-H1 ↑ 161% on FY25-H1 ↑ 26% on 30 June 2025 40.4 13.6 20.7 33.8 28.7 10.2 16.4 14.3 5.2 FY25-H1 FY25-H2 FY26-H1 FY25-H1 FY25-H2 FY26-H1 30-Jun-25 31-Dec-25 31-Jan-26 Note: All financial figures are presented in US$ m
Slide 4: Revenue momentum builds across all products
Revenue momentum builds across all products Services Revenue Software Revenue1 HPC Revenue ↑ 30% on FY25-H1 ↑ 16% on 2024 ↑ 313% on FY25-H1 31.8 9.3 4.5 27.4 8.0 24.4 6.9 1.3 1.1 FY25-H1 FY25-H2 FY26-H1 2023 2024 2025 FY25-H1 FY25-H2 FY26-H1 Note: All financial figures are presented in US$ millions.
Slide 5: Introduction to DUG
Introduction to DUG dug.com 5
Slide 6: Our journey
Our journey 2019 2024 2003 2007 Abu Dhabi office DUG founded Enterprise Data Kuala Lumpur Centre Design office Award 2013 London office 2009 2016 Houston DUG Cool 2006 office 2025 First major Rio de Janeiro discovery 2020 office Listed on ASX dug.com 6
Slide 7: The DUG ecosystem — integrated solutions
The DUG ecosystem — integrated solutions Each DUG product and service interlocks – amplifying value, improving accuracy, and enabling clients to solve complex computational challenges under one integrated ecosystem. Next Generation Modern Geoscience Unified HPC Seismic Imaging Software Backbone Spec
Slide 8: Next-generation seismic imaging
Next-generation seismic imaging eMP-FWI Imaging stands at the cutting edge of seismic imaging technology, and DUG’s proprietary HPC environment supercharges its scalability, revenue potential, and market impact. Elastic MP-FWI Imaging: Elastic MP-FWI Imaging: Multi-Client Expands Best and Fastest Se
Slide 9: Modern geoscience software
Modern geoscience software DUG Insight is a modern seismic interpretation and processing & imaging package. Offering clients access to the latest seismic imaging technology in their own environment or on DUG’s HPCaaS offering. Accelerating Growth and Interpretation and Executing Against Clear Recurr
Slide 10: Unified HPC backbone
Unified HPC backbone A unified HPC backbone underpins DUG’s operations, running across three global immersion-cooled data centres. Clients access specialised HPC infrastructure via DUG’s own facilities and its DUG Nomad solution. HPC Infrastructure: DUG Nomad: DUG Cool: Immersion Big Power, Low Impa
Slide 11: Bringing it all together – global footprint
Bringing it all together – global footprint dug.com 11
Slide 12: Financial Performance
Financial Performance dug.com 12
Slide 13: Profit and Loss
Profit and Loss o Services revenue increased 30% on FY25-H1. This was driven by strong performance in both established and emerging regions, and the US$’m FY26-H1 FY25-H1 Change continued adoption of MP-FWI imaging. The Services Order Book at 31 Services 31.8 24.4 30% December 2025 was US$43.5m, dow
Slide 14: Balance Sheet
Balance Sheet o With total cash and cash equivalents of US$14.3m, the Group has US$’m 31 December 2025 30 June 2025 sufficient liquidity in place to continue to fund its growth strategy. Current Assets Strong receipts in January 2026 resulted in a 31 January 2026 cash Cash and cash equivalents 14.3
Slide 15: Cash Flow
Cash Flow US$’m FY26-H1 FY25-H1 Cashflows from operating activities Receipts from customers 36.1 28.0 Payments to suppliers (12.1) (11.3) Payments to employees (16.6) (16.1) Income tax paid and net interest income (0.0) (2.8) o Net cash flows from operating activities totalled US$7.4m in FY26-H1, a
Slide 16: Outlook
Outlook dug.com 16
Slide 17: Outlook
Outlook EPIC contract underpins profitable growth FY26-H2 will have 6 months of full run rate EPIC revenue and margins Best-in-class seismic imaging technology Industry-leading acoustic and elastic MP-FWI Imaging continues to drive momentum globally Established regions continue to grow, with added m