Orbital Corporation Ltd · ASX:OEC
Orbital — Shareholder Meeting (October 2006)
25 slides from Orbital's shareholder meeting presentation, Oct 24, 2006
Slide 1: Orbital Corporation Limited
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Slide 2: Agenda
8 ORBITAL _Agenda ® Introduction by Chairman » Chief Executive Officer's Address # Formal Business ® Questions and Answers
Slide 3: Chairman's Address
Fj ORBITAL CORPORATION LIMITED Chairman’s Address
Slide 4: FY06 Results
8 ORBITAL _FY06 Results FY06 financial highlights: ASm FY06 FY05 "YOY Revenue (including Synerject) 16.0 14.4 11% Expenses 15.3 16.2 -6% EBIT 1.0 (2.3) NIA Profit/(Loss) after taxation 0.5 (1.7) N/A EPS (cents) 0.125 (0.415) N/A NTA (cents) 1.880 (0.030) N/A
Slide 5: Chief Executive Officer's Address
Fj ORBITAL CORPORATION LIMITED Chief Executive Officer’s Address
Slide 6: FY06 Strategic Achievements
8 ORBITAL _FY06 Strategic Achievements * Synerject purchased manufacturing facility in Delavan = Polaris entered into a license to manufacture products utilising Orbital DI = Synerject negotiated long term financing arrangements supported by additional capital from Orbital * Orbital Engineering serv
Slide 7: Group Overview — Revenue Stream Structure
8 ORBITAL Group Overview — Revenue Stream Structure Orbital Corporation Engineering Services » Analysis & Design » EMS Design & Devt. = Calibration & Testing = Powertrain Devt.
Slide 8: Synerject
8 ORBITAL _ Synerject = Supplies and manufactures Engine Management Systems (EMS) and electronic fuel injection systems for global non-automotive market = Access to Siemens-VDO automotive components and know how for global non-automotive applications « Exclusive manufacturing rights to Orbital DI ai
Slide 9: Synerject Financials FY03-06
8 ORBITAL _Synerject Financials FY03-06 US$'m US$'m OFNWRUAN Revenue Result 4 e ° B 2 = a : | 0 FYO3 FY04 FY05 FY06 FY04 FYO5 FYO6 Operating and Investing Cash Flows Net Debt 25 £ 20 @ 15 = 5 El cl = FY03 FY04 FY05 FYO6 FY04 FY05 FY06
Slide 10: Stroke: Port Injection vs Direct Injection
8 ORBITAL 4 Stroke Port Injection Direct Injection 2 Stroke Direct Injection Port Injection
Slide 11: Synerject - Target Market Growth Trends
8 ORBITAL Synerject - Target Market Growth Trends The overall vehicle market expected to grow at 5% per year between 2006 and 2012 60 Total Unit 50 Volumes in the 40; Motorcycle, 30 J Total Marine and a @ Motorcycle Recreation 20 | Markets 10+ 04 2006 2009 2012
Slide 12: Synerject Market Drivers - Legislation & Technology Solutions
8 ORBITAL Synerject Market Drivers - Legislation & Technology Solutions Emissions World Motorcycle Emissions Legislation Technology 2000 «2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Slide 13: Projected Value of EMS & Electronic Fuels Systems Market
2 ORBITAL Projected Value of EMS & Electronic. Fuels Systems Market Motorcycle and Recreational EMS Market Value Only @ Europe _ ( N America China : EB India Total=$6800m Total=s450m 2006 2009 2012
Slide 14: Synerject M3 ECU
8 ORBITAL _Synerject M3 ECU Same ECU for all engine displacements 50cc to 250cc Throttle Body ECU Includes : SY MER LEC Pressure sensor Air temperature sensor Throttle position sensor
Slide 15: Synerject Locations
Syretiect Toulouse “ hangchun shina (Oct, 2006) 3% Synerject Locations © Regional Customer Support
Slide 16: Engineering Services - Overview
8 ORBITAL _ Engineering Services - Overview Provides services to OEMs, suppliers and regulators, globally Order book of $8m at July 2006 (100% improvement over July 2005) 40-50% of business involves application of Orbital D1 for new products or customers Emerging markets for gaseous fuels and altern
Slide 17: Licensing & Royalties - Products
8 ORBITAL _Licensing & Royalties - Products MERCURY “" The Water Calls
Slide 18: Licensing & Royalties — Mercury Optimax
8 ORBITAL icensing & Royalties — Mercury Optimax Comparison to 4-stroke Competitors Source ~ BassandWalleyeboats.com
Slide 19: Licensing & Royalties
8 ORBITAL _Licensing & Royalties « Mercury Marine re-launch of Optimax range with positive market feedback = Bajaj to enter production with rickshaw with gasoline DI # Bajaj extend license to cover gaseous DI rickshaw applications « DI 4-stroke programs progressing for motorcycle and recreational ap
Slide 20: R&D Overview
8 ORBITAL 7 R&D Overview Orbital continue to place a high importance on internal R&D investment to support future growth Advanced Development » Advanced gasoline and gaseous combustion systems targeting 25% reduction in fuel consumption » Advanced CNG combustion systems » CNG/LPG Fuel system develop
Slide 21: R&D Overview
8 ORBITAL 7 R&D Overview Orbital continue to place a high importance on internal R&D investment to support future growth Enhancement of Orbital Air-assist Dl # High performance non-automotive engine applications « Spark-ignition of heavy fuels (kerosene & Diesel) = Next generation system development
Slide 22: Future Objectives/Outlook
8 ORBITAL _ Future Objectives/Outlook = Synerject » Engineering Services « Licensing & Royalties
Slide 23: Formal Business
Fj ORBITAL CORPORATION LIMITED Formal Business
Slide 24: Questions & Answers
Fj ORBITAL CORPORATION LIMITED Questions & Answers
Slide 25: Orbital Corporation Limited
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