Macmahon Holdings Limited · ASX:MAH
Macmahon — Euroz Hartleys Industrials & Resources Forum 2025
10 slides from Macmahon's conference presentation, Jun 17, 2025
Slide 1: Euroz Hartleys Industrials & Resources Forum
@) = = MACMAHON Euroz Hartleys Industrials & Resources Forum 17 June 2025
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Disclaimer as to forward looking statements This presentation contains forward looking statements, including statements of current intention, statements of opinion and predictions as to possible future events. These forward looking statements are based on, among other
Slide 3: Our Business
Our Business Macmahon is a leading, ASX listed (ASX:MAH) mining services and civil infrastructure company in Australia and Indonesia Trusted. Diversified. Experienced. Established People! 1H25 Dividend v Extensive, proven track record in 0.55cps 22.2% surface mining, underground Indonesia Fully fran
Slide 4: Guidance
140 117 101 92 95 75 78 42 FY25 FY25 Guidance Guidance Guidance Guidance Guidance Guidance Guidance Guidance Guidance Guidance Guidance Guidance Guidance Guidance Guidance Guidance Guidance Guidance 350 – 470 – 950 – 1,300 – 1,300 – 1,600 – 1,850 – 1,800 – 2,400 – (3.0) – 0.0 30 – 35 70 – 80 85 – 95
Slide 5: Operational Highlights
Operational Highlights Surface Mining Underground Civil Infrastructure Corporate Secured $900m, 3 year Byerwen Extension Awarded ~$500m'+ of new work in Indonesia: - $80m Poboya gold - $463m Awak Mas gold Signed a Heads of Agreement with Cyprium Metals to accelerate the redevelopment of the Nifty Co
Slide 6: Strategic Journey Towards Lower Capital Intensity Services
Strategic Journey [Towards Lower Capital Intensity Services FY18' Revenue Mix 1H25 Revenue Mix $710m » $1.2bn FY18' Pipeline 1H25 Pipeline Our Strategic Target Revenue Mix $5.4bn ROACE TARGET? >20% 1. Capital light strategy established in FY18 2.Rolling 12 months Underlying EBIT(A) / Average ((Total
Slide 7: Work in Hand & Tender Pipeline
Work in Hand & Tender Pipeline $4.3bn Order Book'as at 31 December 2025, Tender Pipeline’ excludes $1.4bn subsequent contract awards $24.8bn wz FY25 FY26 FY27 FY28+ m1H25 Revenue Secured =Extensions / Variations2 Churn MM surface Ml Underground Ml Civil Infrastructure $4.3bn Order Book’ as at 31 Dec
Slide 8: Capital Allocation to Balance Growth and Shareholder Returns
Capital Allocation to Balance Growth and Shareholder Returns Our Priorities Our Record Maintain resilient Maintain Financial Strength Investment in Growth Return Cash to Shareholders balance sheet, Continue to reduce gearing and net debt Growing civil infrastructure and Dividend payout ratio range 2
Slide 9: FY25 Guidance & Priorities
FY25 Guidance & Priorities Achieved guidance for eight consecutive years and on track for FY25 FY25 PRIORITIES » No life changing events, reduction in TRIFR * Continuing to drive operational improvements » Reducing Net Debt post the Decmil acquisition with continued strong Free Cash Flow generation
Slide 10: CY MACMAHON _ Euroz Hartleys Industrials
CY MACMAHON _ Euroz Hartleys Industrials & Resources Forum
Macmahon Holdings — Euroz Hartleys Industrials & Resources Forum 2025 on 6ix