Slide 1: FY26 1H Trading and Business Update
FY26 1H TRADING AND BUSINESS UPDATE Wednesday 25th March 2026 SYNERTEC CORPORATION LIMITED (ASX:SOP) ENGINEERINGSOLUTIONS ENGINEERING SOLUTIONSFOR FORAABETTER BETTERFUTURE FUTURE
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Synertec Corporation Limited (Synertec or the Company) on behalf Forward looking statements, forecasts and estimates, by their very nature, involve known and unknown risks of the Company and its subsidiaries (the Group). and are subject to uncertaint
Slide 3: Financial Highlights FY26 1H
FINANCIAL HIGHLIGHTS FY26 1H REVENUE NET OPERATING CASH INFLOW COST OUT $10.2m $0.5m $2.5m Group revenue & other income A $1.7m improvement on pcp – Delivered cost out over CY25 for the period was $10.2m up the 1st time positive since FY19 20% on pcp POWERHOUSE PIPELINE ENGINEERING EBITDA ENGINEERIN
Slide 4: Strong Trading Performance
STRONG TRADING PERFORMANCE Group EBITDA turnaround due to: GROUP EBITDA TURNAROUND Cost out of $1.3m for the period and total savings of $2.5m in CY25: • Corporate overhead costs reduced, continued benefits flowing from the proactive restructure undertaken FY25 Q2 Engineering services revenue up 20%
Slide 5: Significant Operating Cash Improvement
SIGNIFICANT OPERATING CASH IMPROVEMENT GROUP NET OPERATING CASH Operational cash inflow of $0.5m, a $1.7m improvement of pcp: • For the first time since FY19, the Group has generated a net operating cash inflow for a half-year period. • Clean audit report, no emphasis of matter Synertec Corporation
Slide 6: Powerhouse
POWERHOUSE expertise experience
Slide 7: Powerhouse Product Strategy
POWERHOUSE PRODUCT STRATEGY ONE CONFIGURABLE PLATFORM. MANY APPLICATIONS. Underlying Powerhouse platform is flexible and configurable Development approach • Development strategy similar to Tesla • Develop a platform that can be highly optioned • Structure the platform as an aggregation of software +
Slide 8: Powerhouse Market Segmentation
POWERHOUSE MARKET SEGMENTATION Synertec Corporation Limited (ASX:SOP) | FY26 1H Trading And Business Update | 8
Slide 9: Powerhouse Cost Advantage
POWERHOUSE COST ADVANTAGE CONTINUED AFFORDABILITY • Low-cost supply chain delivering 40% cost reduction • Fossil fuel power generation systems getting more expensive year on year and subject to geopolitical shocks • Powerhouse is resistant to fossil fuel supply chain disruption (geopolitical, local
Slide 10: Powerhouse Competitive Differentiators
POWERHOUSE COMPETITIVE DIFFERENTIATORS TECHNICAL DIFFERENTIATORS COMMERCIAL DIFFERENTIATORS • Fully locally developed software • Flexible commercial model – Sale or BOOM • IP / Patent pending • No unscheduled outages • Cyber resilient protocols developed according to ISO 27001 / CTC etc • Cheaper th
Slide 11: Original Delivery Strategy – FY24 Q1
ORIGINAL DELIVERY STRATEGY – FY24 Q1 Synertec Corporation Limited (ASX:SOP) | FY26 1H Trading And Business Update | 11
Slide 12: Delivery Strategy Update
DELIVERY STRATEGY UPDATE CAPABLE OF DELIVERING 500 UNITS/YEAR *Updated slide from the FY24 Q1 trading and business update *8 Units under construction Synertec Corporation Limited (ASX:SOP) | FY26 1H Trading And Business Update | 12
Slide 13: Delivered BESS Units
DELIVERED BESS UNITS • Rigorous QA inspection in China by Synertec before delivery • Designed by Synertec to: o Allow repeatability of construction and verification of quality o Allow "plug-and-play" control cabinet to be installed in Brisbane o Control Software all developed, installed and tested i
Slide 14: Powerhouse Locations
POWERHOUSE LOCATIONS POWERHOUSE ACTIVE LOCATIONS AND SURROUNDING CSG WELLS POWERHOUSE PREVIOUS LOCATIONS PH-2001 IN PROGRESS POWERHOUSE LOCATIONS PH-1004 PH-1003 PH-1002 PH-1001 CSG wells in QLD Synertec Corporation Limited (ASX:SOP) | 2023 14 Synertec Corporation Limited (ASX:SOP) | FY26 1H Trading
Slide 15: TasNetworks
TASNETWORKS SYNERTEC AWARDED CONTRACT FOR COMMUNITY BATTERIES UNDER ARENA PROGRAM TasNetworks owns and operates Tasmania’s electricity transmission and distribution network and is focused on maintaining a safe, reliable and efficient system while enabling the state’s transition to a low-emissions en
Slide 16: Why the TasNetworks Contract Is Significant
WHY THE TASNETWORKS CONTRACT IS SIGNIFICANT ✓ New customer for Synertec with multi-unit order and entry into DNSP market ✓ ARENA funding to solve a broad national energy challenge ✓ Powerhouse technology platform recognised as unique, flexible, robust and capable supporting: • Solar hosting capacity
Slide 17: Engineering
ENGINEERING expertise experience
Slide 18: Engineering Business Update
ENGINEERING BUSINESS UPDATE • Engineering Revenue up 20% pcp • Engineering opportunity pipeline circa $135m including $44m of tenders submitted • 190 tenders across all 5 of our industry sectors • Strategic investment in positioning for long term panel opportunities is starting to deliver returns wi
Slide 19: Industry Sector Performance
INDUSTRY SECTOR PERFORMANCE WATER LIFE SCIENCES • Awarded 76 projects YTD across Melbourne Water, Sydney Water, • Continued growth with further engineering and validation works awarded by Water Corporation, South East Water and leading capital works CSL and Aspen Pharmacare. designers and constructo
Slide 20: From the Managing Director
FROM THE MANAGING DIRECTOR Synertec’s Managing Director, Mr. Michael Carroll, commenting on FY26 YTD performance said: “The Engineering business is benefitting from a clear strategy and focused management oversight, allowing us to take full advantage of improved trading conditions within our target
Slide 21: Michael Carroll
Michael Carroll Managing Director | CEO M: +61 419 351 676 E: michael.carroll@synertec.com.au Yash Gala CFO M: +61 409 388 430 E: yash.gala@synertec.com.au HEAD OFFICE Ground Floor, 2 - 6 Railway Parade, Camberwell, Victoria. 3124 Tel: +61 3 9274 3000 synertec.com.au