Slide 1: FY26 Results, Guidance and Equity Raising
GR Engineering Services Limited FY26 Results, Guidance and Equity Raising 24 August 2026 Not for release to US wire services or distribution in the United States
Slide 2: Important Notice and Disclaimer (1/3)
Important Notice and Disclaimer (1/3) This presentation is dated 24 August 2026 and has been prepared by GR Engineering Services Limited respect to the accuracy, reliability or completeness of the information contained in this presentation and none of (GR Engineering, GNG or the Company) in connecti
Slide 3: Important Notice and Disclaimer (2/3)
Important Notice and Disclaimer (2/3) Not a prospectus or disclosure document Risks" of this presentation when making their investment decision. Information in this presentation which is attributed to a third-party source has not been checked or verified by the Not investment or financial product ad
Slide 4: Important Notice and Disclaimer (3/3)
Important Notice and Disclaimer (3/3) Effect of rounding Forward‐looking Statements A number of figures, amounts, percentages, estimates, calculations of value and fractions in this presentation are This presentation contains forward-looking statements and comments about future matters. Generally, t
Slide 5: Executive Summary
Executive Summary ▪ GR Engineering Services Limited (the Group) is well-positioned to benefit from strong market sentiment, which is driving a boom in Strong Revenue expansion projects and greenfield development projects across a broad range of commodities. Visibility ▪ Since 1 April 2026, the Group
Slide 6: Our History
Our History ▪ The Group was formed in 2006 and has had stable leadership since inception. Key management are significant shareholders in the business. ▪ Since the successful IPO in 2011, the Group has paid out over $300 million in dividends ($1.875 per share) to shareholders (including the final div
Slide 7: Our Values & Strategy
Our Values & Strategy The Group is committed to working to the highest standards to provide superior client focus, performance and quality on every project we undertake. The Group is founded on a strong belief in our core values. These core values drive our people and underpin the corporate goals of
Slide 8: FY26 Results
FY26 Results1 ▪ The Group reported FY26 revenue of $493.2 million (FY25: $479.0 million) and record EBITDA of $63.1 million (FY25: $57.2 million). ▪ During FY26, project execution levels remained high across each of the Group businesses, GR Engineering Services (GRES), GR Production Services (GRPS)
Slide 9: FY26 Results
FY26 Results1 ▪ GRPS has been able to successfully increase its revenue and earnings visibility based on new contract awards during FY26, including the five-year contract with the Sturt Plateau Compression Facility Sub Pty Ltd, for the provision of operations and maintenance to the Sturt Plateau Com
Slide 10: Track Record of Delivery
Track Record of Delivery Strong FY26 revenue with an even stronger FY27 outlook1 Record Full Year Dividend Group Revenue ($ millions) Dividends (cps) (fully franked) +67-72% $825-$8502 25c $652 22c $551 19c 19c 19c $479 $493 $424 2022 2023 2024 2025 2026 2027e 2022 2023 2024 2025 2026 Record EBITDA,
Slide 11: Mineral Processing
Mineral Processing ▪ GRES’ design and construction order book of current work includes: Company Project Type ($’m) Yitirrti Copper-Silver-Zinc Project (formerly Sulphur Develop Global EPC 275 Springs)1 Ora Banda Mining Davyhurst Expansion Project2 EPC 233 BHP Iron Ore Yandi Eastern Front-End Facilit
Slide 12: Mineral Processing
Mineral Processing ▪ GRES is also executing minor projects and early works on multiple projects. GRES maintains a solid pipeline of near-term work opportunities. ▪ At 30 June 2026, GRES was engaged on 28 studies across a broad range of commodities for projects in Australia and abroad. GR Engineering
Slide 13: Energy – GR Production Services
Energy – GR Production Services ▪ GRPS generates longer term operations and maintenance services revenue alongside minor project work. ▪ In Queensland, Victoria, NSW and South Australia, GRPS managed and executed maintenance and operational support across multiple gas production facilities. GRPS’ ke
Slide 14: Process Controls – Mipac and Paradigm
Process Controls – Mipac and Paradigm ▪ Mipac and Paradigm are leading providers of high quality control systems, operational technology and engineering services primarily in the global mineral processing and energy and sectors. ▪ Mipac and Paradigm design, commission, configure and optimise process
Slide 15: Business Outlook
Business Outlook ▪ The Group expects revenue for FY271 to be in the range of between $825 million to $850 million which represents a step-change from previous years. The high-end of the FY27 revenue guidance is over 90% secured based on projects that are contracted, with the remaining revenue expect
Slide 16: Equity Raising Overview
Providing global mineral processing solutions ASX:GNG Equity Raising Overview
Slide 17: Equity Raising Overview
Equity Raising Overview ▪ Institutional placement of new fully paid ordinary shares (“Placement”) to raise A$100 million (before costs) by way of a fixed price bookbuild. Offer Structure and Size ▪ GNG will also be undertaking a share purchase plan (“SPP”) to raise up to A$10 million (before costs).
Slide 18: Pro Forma Capital Structure
Pro Forma Capital Structure Pro-Forma Capital Structure Current Pro-Forma Offer price A$6.10 per New Share A$6.10 per New Share Existing shares on issue 170.3m 170.3m New Shares issued under the Placement - 16.4m New Shares issued following exercise of Performance Rights - 2.0m New Shares issued und
Slide 19: Equity Raising Timeline
Equity Raising Timeline Event Date (AEST) Placement Trading halt on ASX Monday, 24 August 2026 Launch of Placement Monday, 24 August 2026 Trading halt lifted and announcement of completion of bookbuild for the Placement Wednesday, 26 August 2026 FY26 final dividend ex-date Monday, 31 August 2026 Set
Slide 20: Contact Details & Key Locations
Contact Details & Key Locations GR Engineering 71 Daly Street Level 38, 111 Eagle Street Ascot WA 6104 Brisbane QLD 4064 +61 8 6272 6000 +61 7 3838 8000 Tony Patrizi Managing Director Level 11, 99 St Georges Terrace 7225 N Oracle Rd, Suite 202 +61 8 6272 6000 Perth WA 6000 Tucson, Arizona USA
Slide 21: Appendix A: Key Risks
Providing global mineral processing solutions ASX:GNG Appendix A Key Risks
Slide 22: Key Risks (1/4)
Key Risks (1/4) The business, assets and operations of the Company are subject to certain risk factors that have the potential to Work Health and Safety (WHS) influence the operating and financial performance of the Company in the future. These risks can impact on the value of an investment in the s
Slide 23: Key Risks (2/4)
Key Risks (2/4) Project Delivery Delay and termination of contracts The Company derives the majority of its revenue at any given time from a concentrated number of contracts In most instances, clients have the power to terminate contracts entered into with the Company by giving written which may be
Slide 24: Key Risks (3/4)
Key Risks (3/4) Reputation Cyber Security and Data Protection The Company's ability to maintain its reputation is critical to its ongoing financial performance. The Company's Targeted cyber attacks or unauthorised access to the Company's IT systems pose a number of risks to the reputation could be i
Slide 25: Key Risks (4/4)
Key Risks (4/4) Unforeseen expenditure risk Dilution Risk Expenditure may need to be incurred that has not been taken into account in the preparation of this presentation. The Capital Raising is being conducted by way of a Placement under Part 6D of the Corporations Act to Although the Company is no
Slide 26: Appendix B: International Offer Restrictions
Appendix B International Offer Restrictions
Slide 27: International Offer Restrictions (1/3)
International Offer Restrictions (1/3) This presentation does not constitute an offer of New Shares pursuant to the Capital Raising in any jurisdiction in which it would be unlawful. In particular, this presentation may not be distributed to any person, and the New Shares may not be offered or sold,
Slide 28: International Offer Restrictions (2/3)
International Offer Restrictions (2/3) Jurisdiction This presentation has not been registered, filed with or approved by any New Zealand regulatory authority under the Financial Markets Conduct Act 2013 (the FMC Act). The New Shares are not being offered or sold in New Zealand (or allotted with a vi
Slide 29: International Offer Restrictions (3/3)
International Offer Restrictions (3/3) Jurisdiction This presentation has not been delivered for approval to the Financial Conduct Authority in the United Kingdom and no prospectus (within the meaning of Regulation 21 of The Public Offers and Admissions to Trading Regulations 2024 (POATRs)) has been