Slide 1: Business Update: Nine Months & Third Quarter Ended 30 September 2025
BUSINESS UPDATE NINE MONTHS & THIRD QUARTER ENDED 30 SEPTEMBER 2025 15 October 2025
Slide 2: Note on Forward-Looking Statements
Note on Forward-Looking Statements This presentation may contain certain forward-looking statements including, but not limited to, statements as to future operating results and plans. These statements are based on our assumptions and estimates and are subject to known and unknown risks and uncertain
Slide 3: Performance Review
Performance Review _ DELIGHTING PEOPLE WITH SMARTER SOLUTIONS.
Slide 4: Third Quarter 2025 Financial Performance Summary
Performance Review Third Quarter 2025 Financial Performance Summary $ Million 3Q 2025 2Q 2025 QoQ % Change 3Q 2024 YoY % Change ▪ Lower revenue and net profit for the third quarter of 2025 compared to Revenue 133.5 143.4 (6.9) 166.7 (19.9) the third quarter of 2024 mainly due EBITDA 15.6 19.3 (19.2)
Slide 5: Nine Months 2025 Financial Performance Summary
Performance Review Nine Months 2025 Financial Performance Summary $ Million 9M 2025 9M 2024 % Change ▪ For the nine-month period ended 30 September 2025, the Group reported a lower Revenue 318.9 539.9 (40.9) revenue of $318.9 million and net profit of $26.9 million compared to the same period in EBI
Slide 6: Nine Months 2025 Geographical Revenue
Performance Review Nine Months 2025 Geographical Revenue Others Others 5.2% 5.2% Singapore Singapore 1.0% 0.3% Europe Europe 21.2% 14.0% 9M 2025 9M 2024 North America North 72.6% America 80.5%
Slide 7: Free Cash Flow
Performance Review Free Cash Flow ($ Million) 9M 2025 ▪ For the nine months ended 30 September 2025, the Group generated: Cash Flow From Operating Activities 16.1 -net cash of $16.1 million from its operating activities; and Less Capital Expenditure (1.6) -free cash flow of $14.5 million. Free Cash
Slide 8: Balance Sheet Summary
Performance Review Balance Sheet Summary 30 September 30 June 31 December ▪ Net cash position remained healthy at ($ Million) 2025 2025 2024 $229.5 million as of 30 September 2025. Cash & Bank Balances 109.2 176.3 292.1 Short-term Investments 133.9 51.7 19.2 ▪ Short-term investments comprised Lease
Slide 9: Key Developments
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Slide 10: Customer Diversification & Growth
Key Developments Customer Diversification & Growth ▪ Year to date (“YTD”) progress: -secured 22 new projects orders (e.g. foetal heart monitor, 3D medical navigation device, AI occupancy sensor, AI-controlled cat flap, smart air purifier and emergency device, etc.); and -added 11 new customers. ▪ Ne
Slide 11: Right-sizing Manufacturing Space
Key Developments Right-sizing Manufacturing Space ▪ Entered into a sale and leaseback agreement to right-size manufacturing facility in Dongguan, China to optimise costs and efficiency: -sell factory building and land approx. 42,000 sqm for RMB41 million (~SGD7.3 million); -lease back approx. 18,010
Slide 12: Sustainability Initiatives
Key Developments Sustainability Initiatives ▪ Advancing Net-zero strategy driving long-term value as net-zero business partner of choice. ▪ Climate Action 2050 Roadmap to achieve below targets: (1) net-zero Scope 1 & 2 emissions by 2040; and 2025 Highlights: (2) net-zero Scope 3 emissions by 2050. -
Slide 13: Achieved External Recognition
Key Developments Achieved External Recognition ▪ Sep 2025 - included in iEdge Singapore Next 50 Index and iEdge Singapore Next 50 Liquidity Weighted Index ▪ Aug 2025 - named one of Singapore’s 2025 Best Managed Companies by Deloitte Private to record its second consecutive year of recognition. ▪ Jun
Slide 14: Outlook
Outlook Aztech _ LIGHTING PEOPLE WITH SMARTER SOLUTIONS. AWARDS 2025
Slide 15: FY2025 Outlook
Outlook FY2025 Outlook ▪ The Group is cautiously optimistic about the business environment for the rest of 2025 amid uncertainty in the macroeconomic, trade and geopolitical fronts. ▪ Barring unforeseen circumstances, the Group expects its full year performance to remain profitable. 1. Subject to FY
Slide 16: Key Focus
Outlook Key Focus To position its business for emerging opportunities and create long-term value, the Group is focusing on strengthening its strategic priorities as outlined below: Strengthening Diversifying Supplier Dual-site Manufacturing Capabilities Disciplined Resource Sustainability Customer B
Slide 17: Thank You
Thank You @& —_—~. SINGAPOREBUSINESSAWARDS 2 DELIGHTING PEOPLE WITH SMARTER SOLUTIONS.