Slide 1: FY26 Full Year Financial Results
For personal use only August 2026 FY26 Full Year Financial Results Austin Engineering Limited (ASX: ANG)
Slide 2: Important Information
Important Information This presentation has been prepared by Austin Engineering Limited (ABN 60 078 480 136) (“Austin” or the “Company”). The information in this presentation should be read in conjunction with Austin’s continuous disclosure announcements. The information is of a general nature and h
Slide 3: Agenda
Agenda • About Austin • Results Overview For personal use only • Operational Improvement Plan • Financial Results • Sector analysis • Global Strategy • FY27 Outlook
Slide 4: Who we are
Who we are Global mining solutions business with diversified commodity exposure. For personal use only 50+ years 15,500+ Engineering and manufacturing mining Trays manufactured equipment 6 Operating sites across four continents 1,314 14 Partner with final assembly companies Employees and contractors
Slide 5: What we do
What we do Design-Led For personal use only Solutions Customisation is our Standard Global Reach Local Focus Innovation that adds Value P5
Slide 6: Where we are
Where we are Total Workforce workforce & 2,000 facilities 1,500 FY26 Total Workforce (employees and contractors) 1,000 For personal use only Western Australia 500 121 Queensland 0 FY22 FY23 FY24 FY25 FY26 87 North America 221 South America 348 Indonesia 537 Total Workforce 1,314 P6
Slide 7: FY26 Results Overview
FY26 Results Overview Earnings decline offset by strong cash generation and balance sheet discipline FY26 performance was materially impacted by operational issues in South America and North America, while cash conversion and net debt improved materially. For personal use only Earnings decline Cash
Slide 8: FY26 material items included in the Statutory EBITDA results
FY26 material items included in the Statutory EBITDA results Jun-26 Jun-25 Change $M YTD YTD $M FX loss \ (Gain) 1.1 1.4 (0.3) For personal use only Redundancy/Restructure - Chile/Indonesia/Australia 1.3 0.6 0.7 Inventory obsolescence/impairment 2.2 3.3 (1.1) Chile stock adjustment (1.1) - (1.1) Aus
Slide 9: FY26 Performance and Management Response
FY26 Performance and Management Response Segment FY26 Impact Management Response EBITDA loss increased to $9.3m, Commercial reset of OEM contract, new impacted by the legacy OEM contract management structure, labour South America For personal use only and operational inefficiencies optimisation and
Slide 10: Chile reset with commercial terms renegotiated and operating controls strengthened
Chile reset with commercial terms renegotiated and operating controls strengthened Issue Identified Actions taken FY27 focus Legacy OEM contract materially OEM contract renegotiated, with improved Deliver under reset commercial terms. impacted earnings pricing and payment terms Commenced late June 2
Slide 11: USA productivity recovering, with outsourcing reduced in 2HFY26
USA productivity recovering, with outsourcing reduced in 2HFY26 Month Productivity • Productivity discipline July 25 62% o Workstation KPIs implemented o Improved planning and scheduling August 25 64% For personal use only o Better workflow through workshop September 25 64% o Standard work instructi
Slide 12: Financial Results
For personal use only Financial Results P 12
Slide 13: Analysis of Financial Performance
Analysis of Financial Performance 12 months ending* FY26 FY25 VAR % • Revenue decreased 12.7% to $329m, reflecting lower activity across all regions. For personal use only • EBITDA decreased to $20.4m, driven by Chile Revenue $M 329.0 376.7 -12.7% loss of $9.3m, margin declines in the US and Indo
Slide 14: Group Financial Performance Trend
Group Financial Performance Trend Revenue EBITDA 400 377 50 43.5 43.0 45 For personal use only 350 329 313 40 300 258 32.5 35 250 30 203 200 25 20.3 20.4 150 20 15 100 10 50 5 0 0 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 • The Group’s revenue decreased 12.7%, with a decline across all • The
Slide 15: Strong cash conversion despite earnings decline
Strong cash conversion despite earnings decline • Operational cash flow - Operating Cash Flow Capex Free Cash Flow (FCF) increased significantly to $26.7m $6.8m = $19.9m $26.7m, an improvement of $24.1m on the prior year, For personal use only reflecting the unwind of working capital inventory. 60.0
Slide 16: Balance Sheet remains strong, with reduced net debt
Balance Sheet remains strong, with reduced net debt Balance Sheet Working capital $M Jun-26 Dec-25 Jun-25 $M Jun-26 Dec-25 Jun-25 FY mvt % Change 3.1 10.1 6.4 3.3 -51.7% For personal use only 17.1 15.8 20.1 Finished goods Cash and cash equivalents 62.5 55.3 72.9 Work-in-progress 24.7 36.1 40.4 1
Slide 17: Sector Analysis
For personal use only Sector Analysis P 17
Slide 18: APAC leads group revenue, driven by bucket growth and diversification
APAC leads group revenue, driven by bucket growth and diversification Analysis of Financial Results Analysis of Financial Results Asia-Pacific FY25 FY26 Sector Analysis Revenue (continuing operations) EBITDA $M $M 173.3 33.2 147.1 24.9 EBITDA margin % 19.1% 16.9% For personal use only • APAC continu
Slide 19: North America margins improving as productivity actions take hold
North America margins improving as productivity actions take hold Analysis of Financial Results Analysis of Financial Results North America FY25 FY26 Sector Analysis Revenue (continuing operations) EBITDA $M $M 146.8 18.3 127.0 9.5 EBITDA margin % 12.5% 7.5% For personal use only • North America con
Slide 20: South America reset underway following OEM contract renegotiation
South America reset underway following OEM contract renegotiation Analysis of Financial Results Analysis of Financial Results South America FY25 FY26 Sector Analysis Revenue (continuing operations) EBITDA $M $M 56.6 (1.7) 54.9 (9.3) EBITDA margin % -3.0% -16.9% For personal use only • Financial perf
Slide 21: Global Strategy
For personal use only Global Strategy P 21
Slide 22: Strategy focused on margin recovery, customer growth and product differentiation
Strategy focused on margin recovery, customer growth and product differentiation • Investment in sales teams. Customer Focus • Marketing activity increased. For personal use only including more trade shows. • Customer support personnel expanded in Australia and Chile. 3 • Focus on delivering customi
Slide 23: Revenue base diversified by commodity, product and customer type
Revenue base diversified by commodity, product and customer type COMMODITY ($ M) PRODUCT / SERVICE (%) CUSTOMER (%) 18 2 2 8 8 For personal use only 58 81 8 10 1 11 5 62 49 10 83 83 27 Commodity FY26 FY25 Product/Service Type FY26 FY25 Customer Types FY26 FY25 Oil 18% 18% Bodies 62% 71% Miners 83% 8
Slide 24: FY27 Outlook
For personal use only FY27 Outlook P 24
Slide 25: FY27 Improvement Drivers and Guidance
FY27 Improvement Drivers and Guidance Operational reset provides clear pathway to improved earnings o Chile: OEM contract reset and stronger operating controls For personal use only o USA: productivity recovery and lower outsourcing – order book to strengthen across FY27 o APAC: bucket growth, div
Slide 26: For personal use only
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