Slide 1: Annual General Meeting of Shareholders
For personal use only ANNUAL GENERAL MEETING OF SHAREHOLDERS May 28, 2025 Sustainable Water Solutions
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Fluence Corporation Limited an offer or invitation to apply for any securities, including in any (ASX: FLC). All currencies quoted as “$” are US dollars unless otherwise jurisdiction where, or to any person to whom, such an offer or invitation specif
Slide 3: 2024 Accomplishments and Areas for Continued Improvement
2024 Accomplishments and Areas for Continued Improvement 2024 saw progress in many areas, however, underperformance in several key areas led to weak financial performance Accomplishments Areas of Underperformance Sold Aeromix Business for Delays on IVC Addendum For personal use only • • approximatel
Slide 4: Q4 2024 Financial Highlights
Q4 2024 Financial Highlights All numbers subject to audit • Despite FY 2024 Revenue of $51.5M and an EBITDA1 loss of $4.0M, there Financial Summary (FY2022-25F) (2)(3) were bright spots to highlight: (US$ millions) - Excluding the impact of Ivory Coast and SEA & China, Q4 and FY2024 revenue growth w
Slide 5: 2024 Quarterly Financial Performance – Revenue and EBITDA
2024 Quarterly Financial Performance – Revenue and EBITDA Q4 2024 showed the profitability Fluence can generate when exceeding quarterly revenue of $20M $35 $3 For personal use only $2.2 $2 $30 $1.6 $2 $1.2 $25 $1 $1.0 $1 $20 $0 $15 ($0.8) ($1) $10 ($1) ($1.4) ($2) $5 ($1.6) ($2) ($2.0) $10.1 $17.2
Slide 6: Fluence's Strategic Transition - Revenue Segmentation
Fluence’s Strategic Transition - Revenue Segmentation Continued progress on growing the Company in North America and transitioning to SPS and Recurring Revenue segments Medium-Term FY 2022 FY 2023 FY 2024 Q1 2025 TARGETS 6% 15% GEOGRAPHY 9% 8% 13% 12% 14% For personal use only 27% 52% 21% 7% 30% 11%
Slide 7: Early Order Success in FY 2025
Early Order Success in FY 2025 Fluence has success in securing new contracts in FY2025; verbal orders not included below for another $9M • Confidential Dairy Processing Company: Anaerobic Digester (WW-to-energy) – Italy For personal use only ($2.3M); • Wilshire Road Development: Aspiral MABR (Phase
Slide 8: Pipeline Growth Continues; Healthy Backlog Driving Financial Results in FY25
Pipeline Growth Continues; Healthy Backlog Driving Financial Results in FY25 Pipeline has continued to grow; focus needs to be on converting pipeline to backlog Sales Pipeline Growth (1) (US$ millions) • Pipeline has increased by $283M (+35%) since Q4 2023 and $152M (+16%) since Q1 2024 For personal
Slide 9: Growth in Higher Margin Segments to Deliver Significant EBITDA Expansion
Growth in Higher Margin Segments to Deliver Significant EBITDA Expansion As the Company increases SPS and Recurring Revenue across its core business units, profitability is expected to increase quickly ($ in millions) Revenue Gross Margin (US$ millions) For personal use only $119 $120+ 32%+ $80-95 3
Slide 10: Growth Drivers, Challenges and Opportunities
Growth Drivers, Challenges and Opportunities • Leverage strong backlog position to drive FY2025 growth • Continued growth in North America through conversion of strong For personal use only Growth pipeline in MWW and IWB Drivers • Recurring Revenue: Rental Fleet, Leasing, BOO and O&M • Ivory Coast: