Symal Group Limited · ASX:SYL
Symal — Investor Day (May 2026)
61 slides from Symal's investor day presentation, May 19, 2026
Slide 1: Symal investor day presentation May 2026
19 May 2026 ASX Release Symal investor day presentation May 2026 Symal Group Limited (ASX: SYL) (“the Company”, “Group” or “Symal”) will today be holding its Institutional Investor Day. Attached is a copy of the Investor Day presentation to be presented by Symal Management. Founder and Group Managin
Slide 2: 2026 Investor Day
2026 Investor Day For personal use only 19 May 2026
Slide 3: Important notice
Important notice For personal use only This document is dated 19 May 2026 and has been prepared by Symal Group Limited ACN 130 808 276 (“Symal”). This presentation has been authorised for release by the Managing Director. Summary information This material has been prepared only as a presentation aid
Slide 4: Acknowledgement of country
Acknowledgement of country For personal use only Symal acknowledges the Traditional Custodians of the lands upon which we work, live and socialise. We pay our respects to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples, whom we recognise as
Slide 5: Welcome
For personal use only Welcome
Slide 6: Introduction
Introduction For personal use only Joe Bartolo Group Managing Director
Slide 7: Australia's infrastructure and technology investment cycle is accelerating
Introduction Australia’s infrastructure and technology investment cycle is accelerating. For personal use only Symal is ready. Digital Buildings Infrastructure Energy Utilities Defence infrastructure and facilities Symal Group Limited Investor Day I May 2026 6
Slide 8: What sets us apart
Introduction What sets us apart A proven, diversified, self-perform model with clear upside For personal use only Self-performing Vertically integrated Trusted partner 1,800 staff 12 aligned businesses 90% repeat business Dedicated workforce and fleet, enables Integrated business model brings Proact
Slide 9: We said we'd deliver. Here's the proof.
Introduction We said we'd deliver. Here's the proof. For personal use only Margin focused FY26 Normalised EBITDA Diversified market work-in-hand 10-12% $120-$126m 61% Target EBITDA margin maintained FY26 EBITDA guidance Compared to 21% at listing1 Targeted acquisitions to support growth Low cost, fl
Slide 10: Platform for accelerated growth
Introduction Platform for accelerated growth For personal use only Pipeline Work-in-hand end market mix3 Infrastructure ~$7.1 billion Energy tendered 39% pipeline1 Utilities Digital Infrastructure + Defence ~$1.4 billion Other active ECIs2 ~$1.7b 31% = Apr 26 6% Nov 24 ~$8.5 billion total 3% 9% 12%
Slide 11: A $200m EBITDA business by 2030
Introduction A $200m EBITDA business by 2030. Turning aspiration into reality. For personal use only $200m ~$123m $106m $87m $71m $48m FY22 FY23 FY24 FY25 FY26e FY30 1. Normalised EBITDA from FY22 to mid-point of FY26e guidance range ($120m - $126m). 2. CAGR and EBITDA targets included are aspiratio
Slide 12: Presenters
Introduction Presenters For personal use only Joe Bartolo Michael Sterling Hayden Heta Ben Virtue Christian George Group Managing Director Chief Strategy Officer Managing Director Executive General Manager National Lead Wamarra New Markets & Territories Defence & Emergency Management Cameron Healy M
Slide 13: Strategy
Strategy For personal use only Michael Sterling Chief Strategy Officer
Slide 14: Our vision is to be Australia's most trusted infrastructure services partner
Strategy Our vision is to be Australia’s most trusted and capable infrastructure services partner. For personal use only Our purpose Our mission Why we exist What we do and how Continue to build a high-performing We deliver self-performing & integrated infrastructure group driven by infrastructure s
Slide 15: How we're bringing our 2030 vision to life
Strategy How we’re bringing our 2030 vision to life For personal use only Strengthen Diversify our Unlock Lead through Build a platform our core earnings group value innovation for growth A proven platform we can We're diversifying how we Our businesses are worth We don't wait for the Building an or
Slide 16: Australia's biggest growth sectors. We're in all of them
Strategy Australia's biggest growth sectors. We're in all of them For personal use only Infrastructure Digital infrastructure Energy Defence $240 billion $120+ billion $200 billion $425 billion National public infrastructure Based on digital infrastructure Addressable market of National defence budg
Slide 17: Growing deliberately
Strategy Growing deliberately Acquiring selectively. Winning nationally. For personal use only Strategic themes Strategy in motion – our acquired businesses Geographic End market expansion diversification Following clients More sectors, less nationally as we grow. concentration risk. QLD Civil contr
Slide 18: The big picture
Strategy The big picture Strategy For personal use only We know who we are, We know how we’re We know what it will what we’re building going to get there deliver for investors Australia's most trusted Five clear pillars. A national Industry-leading margins. Strong infrastructure partner. That's not
Slide 19: Building Australia: The pipeline. The platform. The opportunity.
Building Australia For personal use only The pipeline. The platform. The opportunity. Ben Virtue Executive General Manager – New Markets and Territories
Slide 20: The blueprint of how we win (Victoria)
Building Australia The blueprint of how we win Victoria For personal use only Our Victorian platform Work-in-hand ~$1.1b Major infrastructure Civil contracting Utilities contracting Waste services Tendered pipeline Quarries and Landfill ~$3.0b Headcount ~1,400 Environmental services Civil and plant
Slide 21: The platform is in place (South Australia)
Building Australia The platform is in place. The opportunity is enormous South Australia For personal use only Our South Australian platform Work-in-hand ~$70m Civil contracting Civil contracting Civil and plant hire Electrical contracting Tendered pipeline ~$600m Market opportunities Headcount Defe
Slide 22: A market on the move and we're in it (Queensland)
Building Australia A market on the move and we’re in it Queensland For personal use only Our Queensland platform Work-in-hand ~$400m Major infrastructure Civil contracting Haulage and recycling Civil and utilities Tendered pipeline Landfill operations ~$1.2b Headcount ~200 Civil and plant hire Elect
Slide 23: A proven base with a lot more to come (NSW)
Building Australia A proven base with a lot more to come New South Wales For personal use only Our New South Wales platform Work-in-hand ~$130m Major infrastructure Civil contracting Civil and plant hire Electrical contracting Tendered pipeline ~$2.3b Market opportunities Headcount Road infrastructu
Slide 24: Where we're making an impact
Building Australia Where we’re making an impact Building Australia For personal use only A historically large Deep industry Strategically opportunity relationships positioned to deliver Australia is in the midst of one of its Targeted acquisitions - McFadyen, Diversified platform in place largest ev
Slide 25: The capability behind our defence strategy
The capability behind our For personal use only defence strategy Christian George National Lead – Defence and Emergency Management
Slide 26: Embedded in defence through trusted partnerships
Defence Embedded in defence through trusted partnerships. Scaling nationally as a For personal use only preferred partner. $425 billion National defence budget over the next 10 years.1 $30b↑ 2026-20302 $117b↑ 2026-20362 3 1. National defence budget over the next 10 years to 2035-36 per 2026 Integrat
Slide 27: Our defence pipeline
Defence Our defence pipeline From delivery partner to market leader For personal use only Where we’re at Where we’re going Where we’re looking Delivering today Actively Pursuing On the Horizon Estate Works Property and Sub-Contracts Program Asset Services to Tier 1 Defence Base Single source Divestm
Slide 28: Myambat Guided Weapons and Explosive Ordnance facility
Defence Myambat Guided Weapons and Explosive Ordnance facility For personal use only Wamarra and Symal, together, are delivering critical civil works and buildings at Myambat as part of the Department of Defence’s expanding GWEO capability. Construction of three complete scope of purpose-built light
Slide 29: Why Defence – Why Symal – Why Now
Defence Why Defence – Why Symal – Why Now For personal use only $425b market – we Eight pipelines, The credentials to already have a seat at full spectrum, all compete. The the table. active or in pursuit. relationships to win. Symal has the Sovereign Capability Real, meaningful opportunities to Pro
Slide 30: Creating lasting impact with Wamarra
Creating lasting impact For personal use only with Wamarra Hayden Heta Managing Director – Wamarra
Slide 31: One of Australia's largest Indigenous civil contractors
Wamarra One of Australia’s largest Indigenous civil contractors – a genuine competitive advantage. For personal use only Created to provide a genuine solution to social procurement while maximising the reach of social impact for our community. 97 staff, in Victoria and New South Wales. 56% Aborigina
Slide 32: Pipeline driving continued growth
Wamarra Pipeline driving continued growth 25x growth. $380m pipeline. The momentum is real. For personal use only Revenue growth ($m) Work-in-hand1 Tendered pipeline2 50 7% 14% 40 $11m 14% 31% 30 4% $70m $380m Average contract size 20 7% 75% 48% 10 - FY20 FY21 FY22 FY23 FY24 FY25 Infrastructure Ener
Slide 33: Why clients choose Wamarra
Wamarra Why clients choose Wamarra For personal use only Policy and frameworks Partnerships Reputation → Commonwealth IPP1 → Strong ongoing → Growing industry → Department of Defence IPP JV opportunities with recognition Symal → Strengthening → Social procurement framework → Strong foundation of com
Slide 34: Wamarra capabilities and social outcomes
Wamarra For personal use only Civil and Outstanding Social outcomes: landscaping reputation as IPP → Creating financial capabilities provider – independence across sectors backed by Symal → Closing the Gap → Self-determination → Building the leaders of Building capacity Enhancing tomorrow of communi
Slide 35: Built for impact
Wamarra Built for impact Wamarra For personal use only Trusted and reliable Maximising group Genuine Aboriginal contractor opportunities participation One of Australia's largest Work seamlessly with Symal’s Aboriginal-led and owned with Aboriginal self-performing civil vertically integrated model to
Slide 36: Built to power digital infrastructure
Built to power For personal use only digital infrastructure Cameron Healy Executive General Manager – Symal Contractors
Slide 37: National capacity will double by 2030
Digital infrastructure National capacity will double by 2030. Australia’s digital infrastructure sector is For personal use only exploding, fuelled by AI demand, hyperscale expansion and data sovereignty. $650b 8GW new Australian capacity to scale digital and targeted by 2035, driven infrastructure
Slide 38: Digital infrastructure isn't simple – that's the point
Digital infrastructure Digital infrastructure isn’t simple – that’s the point For personal use only Complexities Symal’s solution Time-critical works Proven capability Complex design $23b requirements Reduced interface risk Opportunity for Symal1 Speed, scale and Program certainty compliance 1. Syma
Slide 39: Our edge in the market
Digital infrastructure Our edge in the market Energy transmission Landscaping Civil works Excavation Precast structures HV connections Asphalt Piling For personal use only In-ground services Retention Structural concrete Site remediation Symal Group Limited Investor Day I May 2026 38
Slide 40: The right market. The right capability. The right time.
Digital infrastructure The right market. The right capability. The right time. Digital infrastructure For personal use only Proven delivery Assurance Exponential at scale of program capacity growth $330m delivered across 18+ Our self-performing and integrated Proven, trusted digital infrastructure s
Slide 41: Delivering the energy transition
Delivering the energy For personal use only transition Matthew Gurney Executive General Manager – Symal Infrastructure
Slide 42: Early contractor involvement reduces risk
Energy Early contractor involvement reduces risk, improves outcomes For personal use only and maximises value. 10 completed wind farm projects 10 completed BESS projects1 9 completed solar projects 5 completed substation projects 1. Battery Energy Storage System. Symal Group Limited Investor Day I M
Slide 43: Where energy growth is happening
Energy Where energy growth is happening For personal use only East coast generation capex opportunity 340 GW Committed, anticipated and proposed electricity generation and storage1 ~$200b Symal’s addressable market in the NEM2 Upcoming opportunities 1. “Electricity Statement of Opportunity”, AEMO, A
Slide 44: ECIs – stronger outcomes through early engagement
Energy ECIs – stronger outcomes through early engagement For personal use only $1.4 billion opportunity Embedding before commitment Solar farm and BESS Wind farms Reduces project risk Joint venture with Ferrovial working for global Two ECI projects currently underway industry leader Higher conversio
Slide 45: Built to power the whole journey
Energy Built to power the whole journey For personal use only Self-performing and vertically integrated workforce One of the largest workforces in the civil balance of plant market. Advanced offering In-house survey modelling. Specialised procurement. Engineering capability for bespoke design soluti
Slide 46: Where the energy is building
Energy Where the energy is building For personal use only Where we’re at Where we’re going Where we’re looking Now Near term Long term $122b capital investment required in $65b national transmission 35+ completed energy projects grid-scale generation, storage and transmission1 investment3 340 GW of
Slide 47: Powering what's next
Energy Powering what’s next Energy For personal use only Extensive $10b immediate Uniquely positioned operating history opportunity workforce Symal has delivered more than Significant near-term pipeline National mobile workforce able to 35 energy projects to date of investment across Symal’s deliver
Slide 48: Expanding our electrical capability
Expanding our For personal use only electrical capability Daniel Meiklejohn Executive General Manager – Searo | Locale
Slide 49: Searo: Scaled from day one
Searo Scaled from day one. Accelerating Symal’s growth For personal use only across the energy value chain. Built to grow with tier-one Electrical and HV capability leadership and systems established extending Symal’s energy offering Enables vertical integration across Built to scale through the ene
Slide 50: Addressable market size
Searo Addressable market size $2.6b tendered and upcoming pipeline opportunities1 For personal use only Total CAGR $114b addressable electrical market2 ~8.3% cumulative electrical CAGR2 EV 33.2% Primary focus $32.0B $34.0B Renewables 18.0% Utilities 6.5% $16.0B $114b $14.0B Secondary focus Resources
Slide 51: End-to-end value creation
Searo End-to-end value creation Built through vertical integration For personal use only Power generation → Transmission, storage and distribution → End users The source Transfer network The demand → Solar → BESS1 → Substations → Transmission → Transport → Resources → Wind → Gas → Distribution netwo
Slide 52: Creating our own pipeline
Searo Creating our own pipeline Developing a pipeline of skilled electricians For personal use only Today How we accelerate Medium term EV Less challenging Core workforce New entrants Diverse workforce established More apprenticeships; build the pipeline Right mix of trades, specialists and • Electr
Slide 53: Powering growth
Searo Powering growth Searo For personal use only Tier 1 foundations $114b addressable A diverse service established market offering A national platform with an Structural tailwinds driving Capturing the energy value chain established specialised workforce exponential growth opportunities from gener
Slide 54: A platform-expanding acquisition
A platform-expanding For personal use only acquisition Will Carrington Head of Commercial and Compliance – Locale
Slide 55: Locale – specialised utilities and network contractor
Locale Locale – specialised utilities and network contractor embedded in regulated markets For personal use only with restricted access, non-discretionary demand, and a 90% recurring revenue base. Growing workforce, with Incumbent position in high- crews across Victoria volume network programs $16b
Slide 56: Built to scale through integration
Locale Built to scale through integration Accelerated growth <12 months For personal use only Rapid Workforce Growth +75% employees ↑ Scaled through shared services and integrated supply of plant and equipment. Major Project Portfolio Access +$50m market access1 ↑ Symal’s vertical integration provid
Slide 57: Accelerated growth supported by regulated spending
Locale Accelerated growth supported by regulated spending For personal use only Aspiration to double revenue by FY30 Growth Drivers PNS Network expansion $62b DNSP Markets2,3 opportunity1 30-35% of current revenue. Regulated, non-discretionary spend across VIC, SA, NSW, QLD & ACT. Interstate DNSP Na
Slide 58: Setting the standard
Locale Setting the standard Locale For personal use only Structurally protected Embedded, proven Scalable growth market delivery model platform Addressable market underpinned Deeply integrated into network Leveraging Symal’s platform to by regulator-mandated, non- operations, delivering high-volume,
Slide 59: Closing remarks
Closing remarks For personal use only Joe Bartolo Founder and Group Managing Director
Slide 60: Everything you've seen today leads here
Closing remarks Everything you've seen today leads here For personal use only We have the platform Strategy in action Enormous opportunity Uniquely positioned Symal is ready. Symal Group Limited Investor Day I May 2026 59
Slide 61: symal.com.au
For personal use only symal.com.au