Slide 1: Company Overview
For personal use only Coffee Microcaps Sustainable Water Solutions Company Overview August 14, 2026
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Fluence Corporation Limited (ASX: apply for any securities, including in any jurisdiction where, or to any person FLC). All currencies quoted as “$” are US dollars unless otherwise specified. to whom, such an offer or invitation would be unlawful. Th
Slide 3: Investment Highlights
Investment Highlights Fluence is a pure-play water technology platform providing proprietary water, wastewater and wastewater-to-energy solutions to municipal and industrial customers globally Following the 2023 recapitalization and operational restructuring, 1 Focus shifting to growth For personal
Slide 4: World Class Management Team
World Class Management Team Management has significant experience in water and wastewater treatment leading to multiple successful exits For personal use only BEN FASH OZZIE LLANES RICK CISTERNA SPENCER SMITH JEREMY DAYMENT CEO & Managing Director Chief Financial Officer Chief Growth Officer Chief T
Slide 5: The Water and Wastewater Market is Large and Growing
The Water and Wastewater Market is Large and Growing WW Treatment, Water Reuse, and W2E is becoming increasingly more important as the world seeks to address a growing global water scarcity crisis • 2.3 billion people live in water-stressed countries, of which 733 9.7 billion million live in high an
Slide 6: Solutions Across the Water Cycle
Solutions Across the Water Cycle Highly diversified portfolio of water and wastewater treatment solutions and applications For personal use only 6
Slide 7: Proven and Established Products and Technologies
Proven and Established Products and Technologies Trusted brand with extensive global installation base of more than 1,000 plants MABR Anaerobic Digestion Other Wastewater NIROBOX Other Water For personal use only 77
Slide 8: Higher Quality Revenue Mix Driving Sustainable Growth
Higher Quality Revenue Mix Driving Sustainable Growth Focusing the business on SPS and RR is increasing margins, reducing project dependency and improving earnings visibility • Stronger focus on SPS: Ramping sales of our TRANSITION TO HIGHER MARGIN SEGMENTS unique, decentralized water and wastewater
Slide 9: Defining "Decentralized" and "Modular" Solutions
Defining “Decentralized” and “Modular” Solutions Modular, decentralized wastewater treatment is the most cost-effective, energy-efficient, sustainable solution What is Decentralized? Examples of Systems and Products • Connection to a large municipal system is not viable as the municipal system canno
Slide 10: Fluence Business Segments
Fluence Business Segments Fluence is successfully driving double-digit organic growth due to its breadth of products & technology and geographical footprint, unique to a mid-market company in the water industry INDUSTRIAL MUNICIPAL WATER INDUSTRIAL SOUTHEAST ASIA WASTEWATER & WASTEWATER WATER & REUS
Slide 11: Municipal Water & WW – Key End Markets and Geographies
Municipal Water & WW – Key End Markets and Geographies Key End Markets Geographies End Market Problems Solved Municipal Water Shortage of drinking water, portable, flexible Israel design Canada UAE For personal use only Modular design, flexibility on flow ranges, high Municipal Wastewater purity sol
Slide 12: Fluence MABR: Proprietary WWT Technology
Fluence MABR: Proprietary WWT Technology MABR technology has unique, proprietary advantages regarding energy-efficiency, footprint and ease of operation MABR Technology MABR Configurations Aspiral Micro For personal use only On-site sewage SUBRE Upgrade treatment Retrofit using Air is supplied to a
Slide 13: Industrial WW & Biogas – Key End Markets and Geographies
Industrial WW & Biogas – Key End Markets and Geographies Key End Markets Geographies End Market Problems Solved Meat processing Nutrient removal, W2E Milk processing Nutrient removal, W2E For personal use only Fish processing Nutrient removal, W2E Sweet, fruit processing, others WW treatment , W2E C
Slide 14: Industrial Water & Reuse – Key End Markets and Geographies
Industrial Water & Reuse – Key End Markets and Geographies Key End Markets Geographies End Market Problems Solved Food & Beverage Water Treat. & Reuse For personal use only Power Demi Water Lithium Mining Water Industrial Reuse Water use ratio Competitive Advantages Competitors • Innovative process
Slide 15: SEA & China – Key End Markets and Geographies
SEA & China – Key End Markets and Geographies (1) Key End Markets Geographies End Market Problems Solved Municipal Water Shortage of drinking water Stable high-quality effluent, China For personal use only Municipal Wastewater Saving energy South Korea Industrial Water High-quality pure water supply
Slide 16: Ivory Coast Project
Ivory Coast Project Legacy CES project nearing completion — successful milestone collections close out Fluence's large-contract era and fund the shift to SPS and recurring revenue, with Fluence well positioned to win the plant's ongoing O&M contract Project Overview The Installation Main Works: For
Slide 17: Fluence's Strategic Transition - Revenue Segmentation
Fluence’s Strategic Transition - Revenue Segmentation The Company is a diversified, profitable, pure-play water platform with demonstrated growth – a rare combination Medium-Term GEOGRAPHY 2022 TTM Q2 2026 Targets 12% Others • Increased geographic diversification 34% 10% For personal use only • Sign
Slide 18: Financial Highlights
Financial Highlights All numbers subject to audit • Revenue - H1 2026 Revenue $37.6M – up 14.7% on H1 2025. Financial Summary (FY2022-25) (1)(2) - SPS plus Recurring revenue increased 34.7% year on year. (US$ millions) $116M • EBITDA - H1 2026 EBITDA1 of $3.4M – best H1 in more than 5 years. For per
Slide 19: New Order Bookings and Backlog
New Order Bookings and Backlog Despite lower orders in Q1 2026, the strong growth trend remains intact TTM New Order Booking • Q2 and H1 2026 new orders of $16.1M and $23.6M, (US$ millions) respectively, representing increases of 53.9% and 5.0% $64.2 $65.3 $59.6 For personal use only • Q2 Highlighte
Slide 20: Future Growth Drivers
Future Growth Drivers The water and wastewater treatment market is highly fragmented, offering organic growth opportunities for Fluence across its global footprint utilizing its uniquely broad product portfolio as well as selectively using M&A as a growth lever MUNICIPAL WATER INDUSTRIAL INDUSTRIAL
Slide 21: High-Margin Revenue Growth to Deliver EBITDA Expansion
High-Margin Revenue Growth to Deliver EBITDA Expansion As SPS and Recurring Revenue increase across core business units, profitability is expected to quickly increase (US$ millions) ($ in millions) Revenue (1) Gross Margin SPS plus RR has grown by more than 50% in the past 3 years GM’s expected to g
Slide 22: For personal use only
For personal use only www.fluencecorp.com For further information, please contact: Australia North America Andrew Angus Ben Fash Investor Relations CEO and Managing Director E: andrewangus@overlandadvisers.com.au E: bfash@fluencecorp.com P: +61 402 823 757 22