Ventia Services Group Limited · ASX:VNT
Ventia Services — Shareholder Meeting (May 2026)
42 slides from Ventia Services's shareholder meeting presentation, May 21, 2026
Slide 1: 2026 Annual General Meeting
Ventia Services Group Limited ABN 53 603 253 541 Level 27, 155 Miller Street North Sydney NSW 2060 AUSTRALIA ventia.com ASX and NZX Release 21 May 2026 2026 Annual General Meeting Ventia Services Group Limited (Ventia) is holding its Annual General Meeting (2026 AGM) today at 10.00am (AEST). Please
Slide 2: Chairman's Address
Ventia Annual General Meeting 21 May 2026 Chairman’s Address Good morning, I’m David Moffatt, Chairman of Ventia Services Group Limited, and I’d like to welcome you to our Annual General Meeting. Before we begin, I’d like to respectfully acknowledge the Traditional Custodians of country. We pay our
Slide 3: CEO Succession and Performance
Before I go onto financial performance, I will speak to CEO succession. At our full year results, we announced that Dean will step down from his role in the fourth quarter of this year and will return to the United Kingdom. Dean is firmly leading the company in the interim while we search for a succ
Slide 4: Market Drivers
regions, demand for transport, utilities and social infrastructure outpaces the capacity for assets to be planned, funded and delivered. Ageing infrastructure further reinforces the need for specialist operators such as Ventia. In addition, geopolitical uncertainty is reshaping infrastructure priori
Slide 5: Supplier Feedback and Technology
Notably, 83% of respondents agree that we effectively manage risks and ensure safety in our supply operations, and 86% believe they are likely to bid on future opportunities with Ventia. Looking ahead, the feedback and recommendations we have received from our suppliers will help guide our supply ch
Slide 6: AI, Safety and Sustainability
This does not replace experience or judgment, it strengthens it. The result is safer work, more consistent outcomes and better service for our customers. Together, these capabilities help Ventia deliver work more efficiently, become more competitive and win new contracts across our key growth sector
Slide 7: Climate and Social Sustainability
report under this mandatory requirement. This aligns with global best practice for reporting on climate resilience, risk and opportunities. This new reporting supports investor expectations for transparent climate information and provides clear disclosure of Ventia’s climate governance, including Bo
Slide 8: Managing Director and Group CEO Address
Managing Director and Group CEO Address Thank you, David, I would also like to extend a warm welcome to everyone joining us on the call today. I am Dean Banks, proud and privileged to be Managing Director and Group CEO of Ventia. 2025 was a successful year for Ventia, demonstrated by strong financia
Slide 9: Telecommunications and Transport
Our Telecommunications business recorded revenue growth of 6.1 per cent and EBITDA growth of 4.3 per cent, underpinned by more than $3 billion of new work secured during the year. This included the $2.1 billion NBN Field Module contract, $1.1 billion of NBN copper to fibre upgrades, and the mobilisa
Slide 10: Digital Infrastructure and Energy Transition
In digital infrastructure, demand for connectivity, data and digital resilience continues to accelerate. This is reshaping customer requirements across areas such as data centres, high-capacity fibre networks and AI enabled solutions. The energy sector is undergoing a significant transition, balanci
Slide 11: Closing Remarks
I look forward to welcoming a new CEO in due course, but in the meantime, I will continue to work diligently along with my team to deliver upon what we say we will do. Finally, can I take this opportunity to thank my colleagues, our supply chain partners, customers, investors and the Board for their
Slide 12: Annual General Meeting 2026
Annual General Meeting 2026 Pictured: Ventia Transport employees in Melbourne, VIC
Slide 13: Acknowledgement of Country and Mihi
2 Acknowledgement of Country and Mihi Ventia would like to respectfully acknowledge the Traditional Custodians of country throughout Australia and their connection to land, sea and community. We pay our respect to them, their cultures and to their Elders past and present. He tautoko te ahurea i ngā
Slide 14: Procedural Items
3 Procedural items Virtual AGM If you require assistance prior to or during the meeting, call Computershare on +61 3 9415 4024 3 Pictured: Ventia employees at Ventia’s Operations Centre in Melbourne, VIC
Slide 15: Safety
4 Safety Safety is is our our licence licence to operate to operate Advanced wearables pilot Trialing Apple Watch across front line workers Identifies risks In complex and remote locations for lone workers Greater protection Faster access to help when needed Increases wellbeing Allows regular monito
Slide 16: Our Board of Directors
5 Our Board of Directors Chairman Managing Director and Group CEO David Moffatt Dean Banks Independent Non-Executive Directors Sibylle Krieger Jeff Forbes Lynne Saint Anne Urlwin ONZM Damon Rees PSM
Slide 17: Chairman's Address
Chairman’s address Pictured: Members of Ventia’s Transport team in Brisbane, QLD
Slide 18: A Leading Essential Services Provider
7 A leading essential A broad range of industry segments: services provider Defence and Social Infrastructure Services Infrastructure • Resources, Environmental NT • Defence Services and Industrial QLD • Social Infrastructure assets WA Brisbane • Critical Infrastructure • Energy, Water and SA • Loca
Slide 19: Sustained Strong Track Record of Performance
8 Sustained strong track record of performance Total Revenue ($m) EBITDA and margin1 ($m/%) 550 532.1 6,000 499.3 500 465.2 5,000 450 419.8 400 379.9 4,000 350 6,105.5 6,141.1 8.2% 8.7% 5,676.4 300 8.2% 3,000 5,167.5 8.3% 8.1% 4,557.4 250 2,000 200 150 1,000 100 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY
Slide 20: Market Trends
9 Market growth opportunities 4.7% Market trends Compound Annual Growth • Population growth Rate (CAGR) $86.8b FY25 • Geopolitical uncertainty - $104.4b FY291 • Energy transition • Digital infrastructure 1. Calculated by Oxford Economics Australia (2025) Pictured: Members of Ventia’s water team in R
Slide 21: Strong Supplier Partnerships
10 Strong supplier partnerships underpin our success 12,000+ Suppliers across Australia and New Zealand 83% Agree we effectively manage risk and ensure safety in joint operations 86% Believe they are likely to bid on future opportunities with Ventia Pictured: Members of Ventia’s Transport team at ou
Slide 22: Digital Shaping Our Future
11 Digital shaping our future One connected Built to scale AI from bid to Productivity at enterprise field every level Pictured: Operations and safety briefing at BHP Olympic Dam, SA
Slide 23: Sustainability
12 Sustainability 1 2 22.4% 21% Winner Reduction in Scope 1 of our light vehicle fleet is 2025 Global Excellence and 2 emissions from expected to be electric or in Social Value Award our 2021 baseline hybrid by 1 July 2026 1. Reduction relates to market-based Scope 1 and 2 emissions from a 2021 base
Slide 24: Delivering Returns for Our Shareholders
13 Delivering returns for our shareholders $23.25cps 75% Total FY25 Payout of Dividend NPATA 16.4% $250m Increase on total On-market buyback dividend for FY24 underway1 1. Buyback program committed across 2025 and 2026 Pictured: Ventia graduate at our Melbourne office, VIC
Slide 25: Managing Director and Group CEO Address
Managing Director and Group CEO address Pictured: A member of Ventia’s transmission and distribution team
Slide 26: Financial Results FY25
15 Financial Results FY25 $6.1b \ $258m 93.6% 1 $22.1b Total Revenue NPATA Cash conversion Work in Hand ▲ 0.6% on FY24 ▲ 13% on FY24 ▲ 2.2pp on FY24 ▲ 14.4% on FY24 Pictured: Ventia provides asset management, operations and maintenance of New 1. NPATA is an underlying result, excluding the one-off p
Slide 27: Strong Sector Performance FY25
16 Strong sector performance FY25 Defence and Social Infrastructure Services Telecommunications Transport Infrastructure EBITDA EBITDA EBITDA EBITDA $204.6m $128.7m $208.2m $49.3m ▲ 13.3% on FY24 ▲ 17.1% on FY24 ▲ 4.3% on FY24 ▲ 6.5% on FY24 Pictured: nbn fixed wireless site in Koonwarra, VIC
Slide 28: Redefining Service Excellence
17 Redefining Service Excellence Together we go further. Pictured: Members of Ventia’s Lane Cove Tunnel Incident Response team, NSW
Slide 29: Customer Focus – Key Growth Areas
18 Customer focus – key growth areas Defence Digital infrastructure Energy transition Water • Market size: $4.9b • Market size: $15.9b • Market size: $15.0b • Market size: $19.9b • Market share: 15% • Market share: 10% • Market share: 5% • Market share: 2% Opportunity Opportunity Opportunity Opportu
Slide 30: Key Priorities for 2026
19 Key priorities for 2026 Delivering on expectations Realising sustainable growth Creating shareholder value NPATA growth High renewal rates Dividends 7-10% >90% 60-80% of NPATA Strong cash generation EBITDA margin at Growing buyback program target >90% >8.5% $250m 2025-26 2 FY26 guidance – NPATA g
Slide 31: Items of Business
Items of business Pictured: Members of water team in Rocklea, QLD
Slide 32: Direct and Proxy Votes
21 Direct and proxy votes: Total number of ASX-listed Ventia shares is 819,322,200 Ventia Services Valid votes For % Against % Abstain Group Limited received Resolution 2 Adoption of 2025 593,228,017 568,533,954 95.84 22,959,904 3.87 2,517,987 Remuneration Report Resolution 3 3a) Re - election of 59
Slide 33: Resolution 1: 2025 Annual Report
22 Resolution 1: 2025 Annual Report To receive and consider the Financial Report, the Sustainability Report, the Directors’ Report and the Auditor’s Report for the financial year ended 31 December 2025. There is no vote on this item.
Slide 34: Resolution 2: 2025 Remuneration Report
23 Resolution 2: 2025 Remuneration Report To consider and, if thought fit, to pass the following resolution as a non-binding ordinary resolution: To adopt the 2025 Remuneration Report for the financial year ended 31 December 2025.
Slide 35: Remuneration Framework
24 Remuneration Framework Principles Drive Be market- Provide appropriate Support competitive for strong behaviours delivery of Be simple and to attract, shareholder and support business transparent motivate and alignment desired culture strategy retain talent Measure Fixed Remuneration Short Term I
Slide 36: FY25 STI Outcomes
25 FY25 STI outcomes Measure Weighting Performance Weighted Comments against measure outcome Safety 10% 15.0% TRIFR result was 2.81 and significantly improved from last year’s result of 3.31. This result exceeded stretch. Financial 80% 79.6% NPATA, free cash flow and FY26 revenue secured results wer
Slide 37: FY25 LTI Outcomes
26 FY25 LTI outcomes Measure FY25 Maximum Weighting Performance Weighted Comments (100% vesting) against measure outcome Work in hand ($b) 22.1 33.33% 33.3% Work in hand performance exceeded the maximum LTI target Underlying cash 100.0% 33.33% 23.8% Underlying cash conversion conversion ratio (%) ra
Slide 38: Re-election of Directors
27 Resolution 3: Re-election of Directors Jeff Forbes and Sibylle Krieger To consider and, if thought fit, pass the following resolutions as ordinary resolutions: 3a. That Jeff Forbes, who 3b. That Sibylle Krieger, who retires in accordance with retires in accordance with clause 8.1 of the Company’s
Slide 39: Increase to the Non-Executive Director Fee Pool
28 Resolution 4: Increase to the Non-Executive Director Fee Pool To consider and, if thought fit, pass the following resolution as an ordinary resolution: That approval is given, for the purpose of ASX Listing Rule 10.17, clause 8.3 of the Constitution and for all other purposes, for the maximum agg
Slide 40: Questions
Questions Pictured: Ventia employees at a site visit, VIC
Slide 41: Thank You
Thank you. ventia”
Slide 42: Disclaimer
31 Disclaimer This presentation is in summary form and is not necessarily complete. It should be read together with the Company’s 2025 Full Year Report lodged with the ASX on 19 February 2026. This presentation contains information that is based on projected and/or estimated expectations, assumption
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