Slide 1: ASX Release: 2026 Investor Presentation
ASX Release 11 August 2026 Company Announcements Office ASX Limited Level 27, 39 Martin Place Sydney NSW 2000 2026 INVESTOR PRESENTATION SGH Ltd (ASX: SGH) attaches the Investor Presentation for the year ended 30 June 2026. This announcement has been authorised for release to the ASX by the Board of
Slide 2: SGH FY26 Results Presentation
SGH FY26 Results Presentation Ryan Stokes, MD&CEO 11th August 2026 1
Slide 3: SGH – Who We Are
SGH – Who We Are Privileged Assets ASX:SGH •Focused on Industrials and energy •Market leading businesses with scale •Privileged assets with defensible market positions 34th •Diversified model delivers a domestic growth runway largest ASX company Industrials & Energy ASX100 and MSCI Global •$1.7t1 5-
Slide 4: SGH – FY26 Result Highlights
SGH – FY26 Result Highlights REVENUE $10.6bn SGH EBIT Composition ($m) -2% vs FY25 $104m $30m ($32m) EBITDA $270m ▼ 21% ▼ 30% ▼ 2% ▲ 1% $2.1bn ▼ 7% Corporate Media ▲ 2% vs FY25 Energy & Other $1.55bn ▲ 14% EBIT $535m $1.6bn ▲ 1% vs FY25 ▲ 1% Industrial Services EBIT $647m $1.5bn ▲ 4% vs FY25 OP. CAS
Slide 5: The SGH Way: Our Operating Model in Action
The SGH Way: Our Operating Model in Action The Model in Action 1. CVP = Customer Value Proposition The SGH Way Performance Flywheel Long-Term Ambition Zero Harm One SGH Way edium-term EBIT & EPS CAGR ROCE Market cap & ASX 50 SGH People Operations Assets Financials 4
Slide 6: SGH FY26 Results: People
SGH FY26 Results People Ryan Stokes, MD&CEO 11th August 2026 5
Slide 7: SGH – People and Safety
SGH – People and Safety Safety Rolling 12m LTIFR1 Rolling 12m TRIFR2 June 2026 June 2025 June 2026 June 2025 • LTIFR of 0.5 improved 38% and TRIFR of 2.2 improved WesTrac 0.1 0.2 3.1 3.4 29%, compounding prior-year gains Boral 0.8 1.4 1.9 2.9 • Targeted critical-risk and consequence-management Coate
Slide 8: SGH – Sustainability
SGH – Sustainability Pragmatic approach to sustainability • Guided by customer demand, regulation and disciplined capital allocation • Prioritising initiatives that meet investment criteria, alongside lower emissions Practical initiatives across our businesses • Boral Berrima alternative fuels at 48
Slide 9: SGH FY26 Results: Operations
SGH FY26 Results Operations Ryan Stokes, MD&CEO 11th August 2026 8
Slide 10: Operations – SGH FY26 Results
Operations – SGH FY26 Results Earnings and margin growth FY26 Key Financials • Revenue of $10.6bn -2%, EBIT of $1.6bn up 1%, $m FY26 FY25 % Change demonstrating earnings resilience Revenue 10,564 10,744 (2%) • EBIT margin of 14.7% up 40bp, enabled by Earnings before interest, tax, depreciation 2,084
Slide 11: Operations – WesTrac
Operations – WesTrac Services growth drives strong result WesTrac Key Results • Revenue of $5.8bn, -6% on the previously announced FY26 FY25 Change normalisation of capital sales Revenue ($m) $5,764 $6,100 -6% • EBIT of $647m up 1%, reflecting annuity-style services EBITDA ($m) $735 $727 +1% revenue
Slide 12: Operations – Boral
Operations – Boral Top-line growth and margin expansion Boral Key Results • Revenue of $3.8bn, up 5%, on volume growth, go-to-market FY26 FY25 Change execution and value-led pricing Revenue ($m) $3,788 $3,603 +5% • EBIT of $535m, up 14% on top-line and margin expansion EBITDA ($m) $778 $692 +12% EBI
Slide 13: Operations – Coates
Operations – Coates Recovering customer activity Coates Key Results • EBIT of $270m at 26.7% margin, profitability FY26 FY25 Change supported by decisive cost and efficiency actions Revenue ($m) $1,012 $1,041 -3% • Time utilisation up 160bp to 61%, ahead of EBITDA ($m) $469 $486 -3% high-performance
Slide 14: Operations – Beach Energy
Operations – Beach Energy Beach Energy (30%) FY26 Result FY26 FY25 Change • FY26 production of 19.4 mmboe -2%, with higher Revenue ($m) $1,801 $1,997 -10% Waitsia volumes offset by Cooper flooding and lower EBIT ($m) $559 $684 -18% Otway output EBIT Margin 31.0% 34.2% -320bp • NPAT of $355m down 21%
Slide 15: SGH FY26 Results: Assets
SGH FY26 Results Assets Ryan Stokes, MD&CEO 11th August 2026 14
Slide 16: Assets – SGH
Assets – SGH Privileged assets, managed for returns Boral Network Investment • A portfolio of market-leading, privileged assets actively managed to maximise return on capital • Framework prioritises disciplined reinvestment and balance sheet capacity to fund the next leg of growth Investing to stren
Slide 17: Assets – Crux LNG Backfill Project
Assets – Crux LNG Backfill Project Crux Asset Details: SGH 15.5% ownership #1-4 Resources (gross) First Gas SGH Interest ~1.6tcfe1 H2 20271 15.5% Production life Ramp up Plateau ~12 years1 ~2 years1 8-10 years1 Expected Net annual Project plateau rate LNG cargoes Investment Expected Plateau 0.4mtpa1
Slide 18: Assets – Property
Assets – Property Ravenhall (Deer Park) Proposed Super Lots & Regional Context SGH surplus property strategy • ~3,700ha of surplus property, largely quarry and plant sites in and around Australia's major cities • Managed for highest and best use, with a pre- disposition to co-develop and lease as in
Slide 19: Assets – Surplus Property Portfolio
Assets – Surplus Property Portfolio Bombo (NSW): 46ha Penrith Lakes Project Area • Former quarry within a ~110ha precinct • Rehabilitation to be assessed as State Significant Development, with rezoning lodgement targeted in 2026 • Masterplanning underway for a future mixed-use precinct Waurn Ponds (
Slide 20: The Next Leg of Growth
The Next Leg of Growth Crux LNG Core Demand Thematics Remain Strong • First gas H2 2027, adding new long-life earnings profile Infrastructure & construction pipeline Surplus Property $1.7 trillion five-year pipeline with a sustained upcycle to • Ravenhall monetisation underway via Dexus JV, up to FY
Slide 21: SGH FY26 Results: Financials
SGH FY26 Results Financials Richard Richards, CFO 11th August 2026 20
Slide 22: Financials – Capital Allocation Model
Financials – Capital Allocation Model SGH People Operations Assets Financials 21
Slide 23: Financials – Profit and Loss
Financials – Profit and Loss $m FY26 FY25 Change % Revenue - continuing operations 10,563.9 10,743.5 (1.7)% Other income 72.2 61.9 16.6% Share of results from equity accounted investees 143.9 183.2 (21.5)% Revenue and other income 10,780.0 10,988.6 (1.9)% Expenses (excluding depreciation, amortisati
Slide 24: Financials – Significant Items
Financials – Significant Items $m FY26 FY25 Fair value adjustments 5.0 11.9 Property EBIT (0.3) (9.8) Transformation and restructure costs (15.7) (12.1) Remediation costs on NC assets - (8.7) P&D asset impairment reversal - 2.7 Fair value movement of power purchase agreement (1.3) (5.1) Impairment o
Slide 25: Financials – Cash Flow
Financials – Cash Flow $m FY26 FY25 Key Commentary Underlying EBIT 1,554.2 1,537.4 • Underlying operating cash flow of Add: depreciation and amortisation 529.5 508.9 $2.1bn, at 99% EBITDA cash conversion, reflecting earnings quality Underlying EBITDA 2,083.7 2,046.3 • Disciplined investing cash flow
Slide 26: Financials – Balance Sheet
Financials – Balance Sheet $m FY26 FY25 Change % Trade and other receivables and Contract assets 1,576.1 1,537.4 2.5% Inventories 1,922.7 2,248.3 (14.5)% Assets held for sale 7.4 7.7 (3.9)% Investments 816.8 1,088.7 (25.0)% Property, plant and equipment 3,923.2 3,767.5 4.1% Oil and gas assets 1,110.
Slide 27: Financials – Capital Management
Financials – Capital Management Net Debt and Leverage SGH Adjusted Net Debt to EBITDA1 (Leverage) History Adjusted net debt Underlying EBITDA Adjusted Net Debt / EBITDA • Adjusted Net debt of $3.7bn, down 10% $bn 5,000 4.0x • Leverage1 reduced 12% to 1.8x 4,000 3.0x • At 30 June, 68% of drawn debt w
Slide 28: SGH FY26 Results: Closing
SGH FY26 Results Closing Ryan Stokes, MD&CEO 11th August 2026 27
Slide 29: Closing – Key Messages, Priorities, & Guidance
Closing – Key Messages, Priorities, & Guidance FY26 Key Messages FY27 Priorities FY27 Guidance Delivering underlying & stat growth Relentless operating Resilient outlook • EBIT growth delivered in line with • Sales execution: lift participation, • SGH expects to deliver flat to low- guidance in mixe
Slide 30: Disclaimer
Disclaimer Basis of preparation of slides Included in this presentation is data prepared by the management of SGH Ltd (“SGH”) and other associated entities and investments. This data is included for information purposes only and has not been subject to the same level of review by the company as the