Slide 1: FY26 Half Year Financial Results
For personal use only February 2026 FY26 Half Year Financial Results
Slide 2: Important Information
Important Information This presentation has been prepared by Austin Engineering Limited (ABN 60 078 480 136) (“Austin” or the “Company”). The information in this presentation should be read in conjunction with Austin’s continuous disclosure announcements. The information is of a general nature and h
Slide 3: Agenda
Agenda • About Austin • Results Overview For personal use only • Operational Improvement Plan • Financial Results • Sector analysis • Global Strategy • Guidance
Slide 4: Who we are
Who we are Global mining solutions business with diversified commodity exposure. For personal use only 50+ years 15,000+ Engineering and manufacturing mining Trays manufactured equipment 6 Operating sites across four continents 1,222 14 Partner with final assembly companies Employees and contractors
Slide 5: What we do
What we do Design-Led For personal use only Solutions Customisation is our Standard Global Reach Local Focus Innovation that adds Value P5
Slide 6: Where we are
Where we are workforce & Total Workforce facilities 2,000 FY26 Total Workforce (employees and contractors) 1,500 For personal use only Western Australia 1,000 117 Queensland 500 89 North America 0 FY22 FY23 FY24 FY25 1HY26 209 South America 350 Indonesia 457 Total Workforce 1,222 P6
Slide 7: FY26 H1 Results Overview
FY26 H1 Results Overview Revenue Operating Cash flow $170.3m $6.6m For personal use only Down 3% from $175.5m Compared to ($4.4)m pcp EBITDA Free Cash Flow $8.0m $3.1m Compared to ($9.7)m pcp Down 63% EBIT Net Debt $3.0m $18.2m $12.8m at FY25 Down 83% NPAT Half year fully franked dividend $2.0m Down
Slide 8: FY26 H1 material items included in Statutory EBITDA results
FY26 H1 material items included in the Statutory EBITDA results Material items included in Statutory EBITDA continuing operations 1H26 1H25 Change $M YTD YTD $M For personal use only FX loss/(Gain) 0.7 0.9 (0.2) Chile Redundancy/US support 0.6 0.6 Indonesia restructure 0.1 0.1 Chile OEM onerous cont
Slide 9: Operational Improvement Plan - Chile
Operational Improvement Plan - Chile • New management team lead by experienced GM reporting to VP America's. • Steel yard and preparation area is now under control - inventory control, security controls and steel preparation overseen from North America, improving yield. For personal use only • Direc
Slide 10: Operational Improvement Plan - USA
Operational Improvement Plan - USA • Main focus is to improve workshop efficiencies – refer table to right but still room for improvement (productive hours to total hours of workshop employees) • Due to inefficiencies, too many truck trays were outsourced for assembly Month Productivities impacting
Slide 11: Financial Results
For personal use only Financial Results P 11
Slide 12: Analysis of Financial Performance
Analysis of Financial Performance Financial Performance For personal use only 6 months ending* 1H26 1H25 VAR % • Revenue at 170.3m down 3%, with APAC -12%, South America -11% and North America +12%. • EBITDA is down 63% driven by Chile loss of Revenue $M 170.3 175.5 -3.0% $4.1m, margin declines i
Slide 13: Group Financial Performance Trend
Group Financial Performance Trend Revenue EBITDA 200 30 175.5 170.3 180 For personal use only 160 25 143.6 21.5 140 20.6 114.1 20 120 100 15 80 60 7.8 8.0 10 40 5 20 0 0 1H23 1H24 1H25 1H26 1H23 1H24 1H25 1H26 • The Group’s revenue driven by a 12% decline in APAC, offset • The Group’s EBITDA is driv
Slide 14: Cash position of $15.8m
Cash position of $15.8m Operational Cash Interest and Capex Free Cash Flow Flow • Positive operational cash - Tax (FCF) $9.0m - $2.4m $3.5m $3.1m flow of $9m with working capital broadly flat through For personal use only the half. 35.0 • EBITDA to FCF conversion 30.0 7.9 0.7 0.5 of 39% improved dur
Slide 15: Financial Position
Financial Position Balance Sheet Working capital $M Dec-25 Jun-25 $M Dec-25 Jun-25 Mvt %Change Finished goods 10.1 6.4 (3.7) -57% Cash and cash equivalents 15.8 20.1 For personal use only Trade, other receivables and contract assets 55.6 73.1 Work-in-progress 36.1 40.4 4.3 10.6% Inventories 81.5
Slide 16: Sector Analysis
For personal use only Sector Analysis P 16
Slide 17: Analysis of Financial Results - Asia-Pacific
Analysis of Financial Results Asia-Pacific 1H25 1H26 Sector Analysis Revenue (continuing operations) EBITDA $M $M 80.0 13.7 70.6 10.6 EBITDA margin % 17.1% 15.0% For personal use only Asia Pacific • APAC revenue softened, with tray sales down $20.3 million, due to timing of orders from a major Austr
Slide 18: Analysis of Financial Results - North America
Analysis of Financial Results North America 1H25 1H26 Sector Analysis Revenue (continuing operations) EBITDA $M $M 63.6 8.7 71.5 4.2 EBITDA margin % 13.8% 5.8% For personal use only North America • Sales increased by 12%, building on exceptional growth in the prior year. 80 While demand remains stro
Slide 19: Analysis of Financial Results - South America
Analysis of Financial Results South America 1H25 1H26 Sector Analysis Revenue (continuing operations) EBITDA $M $M 31.9 3.0 28.3 (4.1) EBITDA margin % 9.5% -14.6% For personal use only South America • Revenue decreased by 11%, due to capping the OEM production to 5 units per month and restructuring
Slide 20: Global Strategy
For personal use only Global Strategy P 20
Slide 21: Strategy – differentiating business for long-term success
Strategy – differentiating business for long-term success • Investment in sales teams Customer Focus • Marketing activity increased For personal use only including more trade shows • Customer support personnel expanded in Australia and Chile 3 • Focus on delivering customised products to deliver min
Slide 22: Accessible market for trays up to 7x current production levels
Focusing on customer needs is key - Accessible market for trays is estimated to be up to 7x current production levels For personal use only ~26,000 Trucks ~4,500 Annual ~700 Current Replacement production level Home Markets are defined by proximity to Austin’s manufacturing and service footprint (Au
Slide 23: Where our customers are
Where our customers are For personal use only P 23
Slide 24: Revenue Diversification
Revenue Diversification COMMODITY ($ M) PRODUCT / SERVICE (%) CUSTOMER (%) 15.1 2 3 8 34.9 8 For personal use only 7 2 10 47.3 2 37.2 11 64 83 4.2 19.5 11.1 Commodity 1H FY26 1H FY25 Product/Service Type 1H FY26 1H FY25 Customer Types 1H FY26 1H FY25 Oil 28% 17% Bodies 64% 73% Miners 83% 78% Copper
Slide 25: Guidance
For personal use only Guidance P 25
Slide 26: FY26 Guidance
For personal use only FY26 Guidance • FY26 revenue of $350m+ Outlook • FY26 EBIT of $14m - $16m* * Excludes FX movements P 26
Slide 27: Design Matters
Q Ajuo asn yeuosied Jo DESIGN MATTERS
Slide 28: Appendix
For personal use only Appendix P 28
Slide 29: Six truck tray types for different applications
Six truck tray types for different applications ULTIMA HPT For personal use only WESTECH JEC-LD WESTECH PREMIER JEC P 29
Slide 30: Leading range of mining buckets for many applications
Leading range of mining buckets for many applications For personal use only P 30
Slide 31: Smarter Payloads. Safer Operations.
SMARTER PAYLOADS. SAFER OPERATIONS. Real-time wear and condition data direct to your tablet or dashboard. ® Daustin
Slide 32: What is AustIQ?
What is ? AustIQ is a powerful application tool that enables complete through life asset For personal use only management at your fingertips Comprehensive Fleet Management System Buckets, Trays and GET Management Undercarriage Management Boom and Stick management Application Based Inspections and Sa
Slide 33: The Need and The Solution: austIQ
The Need: A condition monitoring eco-system for HME wearables which will allow for: • More precise production planning and maintenance scheduling. For personal use only • Provide vital information for the asset replacement – timeline to replacement. The Solution: austIQ an advanced web-based platfor
Slide 34: Innovative Latching - The iTrip
Innovative Latching - The iTrip The Need: The Solution: The iTrip Dippers are replaced prematurely due to wear of key Eliminates wear of critical components. For personal use only components • Fitment of the iTrip ‘Equaliser and iTrip System’ to double component life. • A dipper campaign (hang time)
Slide 35: Innovative Latching - The iTrip Key Benefits
Innovative Latching - The iTrip For personal use only • 72% reduction in maintenance hours Key Benefits • Leading to increased safety • 49% saving in maintenance component costs • Compatible with all dipper makes P 35
Slide 36: Get Smarter with GET Supply – Powered by Bierwith Forge
Get Smarter with GET Supply – Powered by Bierwith Forge Dipper Lip & Hammerless GET Solutions. For personal use only Interchangeable tooth and shroud positions. Easier, faster, safer GET locking mechanism. P 36