Symal Group Limited · ASX:SYL
Symal — Shareholder Meeting (November 2025)
35 slides from Symal's shareholder meeting presentation, Nov 25, 2025
Slide 1: Annual General Meeting 25 November 2025
Annual General For personal use only Meeting 25 November 2025
Slide 2: Acknowledgement of country
Acknowledgement of country For personal use only Symal acknowledges the Traditional Custodians of the lands upon which we work, live and socialise. We pay our respects to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples, whom we recognise as
Slide 3: Welcome
For personal use only Welcome
Slide 4: Safety procedures
Safety procedures For personal use only Current location Muster point (Dorcas St) Symal Group Limited FY25 AGM 4
Slide 5: Board of Directors
Board of Directors For personal use only Non-Executive Directors Peter Richards Ken Poutakidis Anne Lockwood Shane Gannon Independent Chair Independent Non-Executive Director Independent Non-Executive Director Independent Non-Executive Director Executive Directors Joe Bartolo Ray Dando Andrew Fairba
Slide 6: Procedural matters
For personal use only matters Procedural
Slide 7: Question process
Question process For personal use only Online attendees To ask a written question: • Select the Q & A icon • Select the topic your question relates to from the drop-down list • Type your question in the text box and press the send button Symal Group Limited FY25 AGM 7
Slide 8: Voting process
Voting process For personal use only Voting platform for all shareholders When the poll is open: • Select the vote icon at the top of the screen • To vote, select either For, Against or Abstain • You will see a vote confirmation. To change or cancel your vote: • “Click here to change your vote” at a
Slide 9: Chair's address
Chair’s address For personal use only Peter Richards
Slide 10: Safety performance
Safety performance For personal use only Group 12-month rolling safety statistics TRIFR1 7 6.24 6 5.88 5.63 Industry average 6.0 5 4 3.41 2.89 3 2 Our Group rolling TRIFR 1 remains below the industry 0 FY21 FY22 FY23 FY24 FY25 average of over 6.03 LTIFR2 2 1.87 1.5 1.04 1 0.90 0.5 0.41 0.40 0 FY21 F
Slide 11: FY25 Year in Review
FY25 Year in Review For personal use only FY25 Normalised EBITDA¹ FY25 Normalised EBITDA¹ margin FY25 Normalised NPAT¹ $106.1m↑ 11.8%↑ $45.7m↑ +22% on $86.7m in FY24 +70bps on 11.1% in FY24 +50% on $30.5m in FY24 3.7% ahead of Prospectus forecast 9.8% ahead of Prospectus forecast Net cash position2
Slide 12: Group Managing Director's address
Group Managing For personal use only Director’s address Joe Bartolo
Slide 13: A diversified services provider focused on resilient end markets
Infrastructure Power and Data centres Defence Buildings renewables Utilities and facilities For personal use only A diversified $1.70bn ~$1.5bn services provider Work-in-hand1 Open early contractor involvement (ECI) projects2 focused on resilient end $117-127m 30-50% markets. FY26 Normalised EBITDA
Slide 14: Building better together
Building better together Strength in our people and benefits sharing For personal use only Building Cultural Backing Community Innovating careers inclusion social causes focused with intent Offering multiple entry Driving meaningful careers Championing causes that Driving project success Spearheadin
Slide 15: Strategically located and growing
Strategically located and growing Key project wins Key ECIs Symal office locations For personal use only Comprehensive east coast presence Comprising 22 individual main offices, regional offices, yards and operational facilities. Flexible workforce Highly flexible travelling workforce, supported by
Slide 16: Milestones since IPO
Milestones since IPO Delivering on our promises For personal use only Acquisitions Organic expansion Financial Increased waste and recycling capacity in Established four new offices across the East Outperformed FY25 earnings guidance set out in Victoria with long-term development Coast and Adelaide.
Slide 17: A history of growth
A history of growth For personal use only Continued earnings growth and shareholder value creation EBITDA growth year on year1 $48 m $71 m $87 m $106 m $117 – 127 m FY22 FY23 FY24 FY25 FY26 (guidance) (1) FY26 EBITDA reflects revised guidance, announced in ASX announcement “Symal Acquires QLD Water
Slide 18: Continued end-market diversification
Continued end-market diversification For personal use only Work-in-hand mix over time IPO (Nov 24) 2% 24 6% November 20251 Potential future mix2 6% 6% 5% 3% 19% 10% 20% 13% 6% 2% 51% 13% 15% 48% 22% 30% 79% 24% 20% $1.30b $1.70b Infrastructure Power and renewables Utilities Data centres Defence Othe
Slide 19: Disciplined value creation
Disciplined value creation For personal use only WIH contract mix1 Diversified revenue streams Owned and leased plant $1.70b Lump sum, cost-plus, transactional, and equipment recurring revenue streams across diverse Allows for flexibility in project delivery and 13% geographies in resilient end mark
Slide 20: Key priorities for FY26
Key priorities for FY26 For personal use only Work-in-hand growth ECIs into contracts Increase market share in resilient end Focus on disciplined conversion of markets with a focus on FY27 and early-stage opportunities beyond Strategic M&A focus Accelerating organic growth Pursue value-accretive dea
Slide 21: Business of the AGM
For personal use only Business of the AGM
Slide 22: Item 1: Consideration of the financial statements and reports
Item 1: Consideration of the financial statements and reports For personal use only To receive and consider the financial statements and the reports of the Directors and of the auditors for the year ended 30 June 2025. Please note no resolution is required for this item of business and, accordingly,
Slide 23: Resolution 1: Adoption of Remuneration Report
Resolution 1: Adoption of Remuneration Report For personal use only To consider and, if thought fit, pass the For 50,682,472 99.11% following resolution as an ordinary resolution: Against 277,811 0.54% "That the Remuneration Report for the year ended 30 June 2025 as set out in the Company's Annual R
Slide 24: Resolution 2: Re-election of Ray Dando
Resolution 2: Re-election of Ray Dando For personal use only To consider and, if thought fit, pass the For 198,740,368 99.89% following resolution as an ordinary resolution: Against 47,029 0.02% "That pursuant to the Company's Constitution and for all other purposes, the members of the Company Open
Slide 25: Resolution 3: Re-election of Andrew Fairbairn
Resolution 3: Re-election of Andrew Fairbairn For personal use only To consider and, if thought fit, pass the For 198,740,368 99.89% following resolution as an ordinary resolution: Against 47,029 0.02% "That pursuant to the Company's Constitution and for all other purposes, the members of the Compan
Slide 26: Resolution 4: Re-election of Ken Poutakidis
Resolution 4: Re-election of Ken Poutakidis For personal use only To consider and, if thought fit, pass the For 198,503,365 99.77% following resolution as an ordinary resolution: Against 286,032 0.14% "That pursuant to the Company's Constitution and for all other purposes, the members of the Company
Slide 27: Resolution 5: ESS issue cap amendment of Constitution
Amendment of Constitution - Resolution 5: ESS issue cap under section 1100V of the Corporations Act For personal use only To consider and, if thought fit, pass the For 192,412,850 96.72% following resolution as a special resolution: Against 6,351,888 3.19% "That pursuant to 136(2) of the Corporation
Slide 28: Resolution 6: Options to Joe Bartolo
Approval of Issue of LTI Resolution 6: Options to Joe Bartolo For personal use only To consider and, if thought fit, pass the For 124,292,153 99.09% following resolution as an ordinary resolution: Against 960,702 0.77% "That for the purposes of ASX Listing Rule 10.11 and for all other purposes Share
Slide 29: Resolution 7: Options to Ray Dando
Approval of Issue of Resolution 7: Options to Ray Dando LTI For personal use only To consider and, if thought fit, pass the For 161,093,422 99.30% following resolution as an ordinary resolution: Against 961,724 0.59% "That for the purposes of ASX Listing Rule 10.11 and for all other purposes Shareho
Slide 30: Resolution 8: Options to Andrew Fairbairn
Approval of Issue of LTI Resolution 8: Options to Andrew Fairbairn For personal use only To consider and, if thought fit, pass the For 161,093,422 99.30% following resolution as an ordinary resolution: Against 961,724 0.59% "That for the purposes of ASX Listing Rule 10.11 and for all other purposes
Slide 31: Resolution 9: Issue of Shares to Peter Richards
Issue of Shares to Peter Richards Resolution 9: Lieu of Payment of Director fees in For personal use only To consider and, if thought fit, pass the For 198,764,416 99.90% following resolution as an ordinary resolution: Against 16,971 0.01% “That, for the purpose of ASX Listing Rule 10.11 and for all
Slide 32: Other business and Q&A
Other business For personal use only and Q&A
Slide 33: Final remarks
For personal use only Final remarks
Slide 34: Important notice
Important notice This document is dated 25 November 2025 and has been prepared by Symal Group Limited ACN 130 808 276 (“Symal”). This presentation has been authorised for release by the Board of Symal. Summary information This material has been prepared only as a presentation aid and contains summar
Slide 35: symal.com.au
For personal use only symal.com.au