Worley Limited · ASX:WOR
Worley — ASX CEO Connect (June 2025)
17 slides from Worley's conference presentation, Jun 3, 2025
Slide 1: Worley ASX CEO Connect
Worley (ASX: WOR) ASX CEO Connect 3 June 2025 Tiernan O'Rourke, CFO
Slide 2: Disclaimer
Disclaimer The information in this presentation about Worley Limited, guarantees or predictions of future performance or and the entities it controls (Group) and the Group’s outcomes. They involve known and unknown risks and activities is current as at 20 May 2025 and is in summary uncertainties, ma
Slide 3: An industry leader of energy, chemicals and resources experts
We are: An industry leader of energy, chemicals and resources experts Energy Chemicals Resources We are: Globally diversified expertise… supporting a world in transition… with end-to-end capability. ~50,000 people, operating Leading positions across traditional, Across the life cycle of our in over
Slide 4: Our global footprint
Our global footprint 12,000+ active projects ~50,000 people 45 countries 4 ASX CEO Connect 4
Slide 5: Our diversified business
Our diversified business Sustainable1 | Transitional | Traditional Sector aggregated aggregated revenue (%) revenue (%) • A global leader delivering knowledge-based project and asset services 6% 14% Traditional 24% 1% Energy 17% Chemicals Transitional 10% • Leading position in energy, Chemicals Sust
Slide 6: Where we play
Where we play Energy Mature Developing Oil Integrated Combustion Midstream Low-carbon Renewable Networks Nuclear Power to X Carbon gas energy energy hydrogen energy and energy SMR capture infrastructure storage Chemicals (Cross sector capability) S8 Petrochemicals Chemicals Refined Specialty Sulphur
Slide 7: We have a clear competitive advantage
We have a clear competitive advantage Right people, right experience • High proportion of professionals with transferable skills • Global footprint attracts and retains top talent Deep customer relationships • Long-term partnerships built on trust and delivery • Deep industry expertise embedded in c
Slide 8: Three years of consecutive growth
Three years of consecutive growth EBITA % excl. Normalized cash Aggregated revenue EBITA procurement conversion 16% CAGR 17% CAGR +1.9 pp H1 FY22 PF to H1 FY25 H1 FY22 PF to H1 FY25 H1 FY22 PF to H1 FY25 5,989 5,610 120% 120% 4,599 376 8.4 100% 100% 345 3,836 269 7.5 80% 80% 58% 233 7 51% 6.5 60% 60
Slide 9: Business update
Pipeline Business update Independent of Venture Global +14% +14% We reconfirm our FY25 outlook Independent of Venture Global our factored targeting low double digit EBITA growth and EBITA margins sales pipeline has grown (excluding the impact of procurement) between 8-8.5%. since Jan-25 Jan-23 Jan-2
Slide 10: Strong bookings
Strong bookings Contract wins year to Sustainable date Transitional Traditional $9.4b Wins Financial year to 31-Mar-25 vs $9b at 31-Mar-24 22% pcp Strategic wins • bp awards three-year extension to • EPC for ExxonMobil’s low-carbon EPC contract in Oman hydrogen project in USA Breakdown of year-to-da
Slide 11: How we're creating shareholder value
How we're creating Innovate shareholder value to unlock opportunities and efficiency Our strategy • Transform how we deliver work Expand • Develop digital and technology- driven solutions into growth markets and along the value chain • Targeted focus in developing Strengthen demand-driven markets •
Slide 12: We're positively leveraged to macro trends
We’re positively leveraged to macro trends Macro trends Upstream Oil & Gas capex Clean energy investment by Advanced Market value of key energy transition forecast revisions and Developing economies minerals by IEA scenarios 800 Dec-21 May-24 2023 APS NZE 2023 2030 2040 2,000 800 600 1,500 600 400 1
Slide 13: We're capitalizing on market opportunities
We’re capitalizing on market opportunities Market size and growth Market size1 Indicative growth in select markets2 (2025) (CAGR 2025-2028) $1.3 Integrated Energy $625b+ gas 5% Oil 2% trillion Specialty Chemicals $300b+ Petrochemicals 5% chemicals 7% Total market1 Resources $325b+ Energy transition
Slide 14: Re-imagining speed to value: our digital engine for growth
Re-imagining speed to value Our digital engine for growth Revolutionise asset design, build & De-risk operation delivery + Boost improve capital efficiency + efficiency accelerate delivery Building on Worley’s decades of deep industry knowledge powered by our technology partners to transform our dig
Slide 15: We have a clear set of priorities driving value for our shareholders
medium term We have a clear set of priorities driving value for our shareholders Operations reorganization Near Shift towards a more agile structure to extend full-project delivery Margin growth and cost management Rigorous attention to margin growth and cost efficiencies Full-project delivery capab
Slide 16: ASX CEO Connect
& & ASX CEO Connect 16
Slide 17: Registered office and contact details
Registered office: Level 19, 420 George Street Sydney NSW 2000 Australia T: +61 2 8923 6866 E: investor.relations@worley.com E: media.relations@worley.com Worley Limited ABN 17 096 090 158 worley.com worley.com ASX CEO Connect 17