Environmental Group Limited · ASX:EGL
Environmental — The Environmental Group — Shareholder Meeting (November 2025)
38 slides from Environmental's shareholder meeting presentation, Nov 18, 2025
Slide 1: 2025 Annual General Meeting Chair's Address, CEO's Address and Presentation
Suite 2.01 | Level 2, 315 Ferntree Gully Road, Mount Waverley VIC 3149 03 9763 6711 admin@egl.com.au 18 November 2025 Company Announcements Office ASX Limited Level 27, 39 Martin Place Sydney NSW 2000 2025 Annual General Meeting Chair’s Address, CEO’s Address and Presentation For personal use only T
Slide 2: About EGL
Suite 2.01 | Level 2, 315 Ferntree Gully Road, Mount Waverley VIC 3149 03 9763 6711 admin@egl.com.au About EGL EGL has four business units, all committed to the protection of the environment by improving air quality, reducing carbon emissions, enhancing waste treatment, and lifting water quality. •
Slide 3: Chair's Address
Suite 2.01 | Level 2, 315 Ferntree Gully Road, Mount Waverley VIC 3149 03 9763 6711 admin@egl.com.au Chair’s Address FY25 was a year of solid progress for EGL, reflected in revenue of $111.9 million and EBITDA of $11.1 million (before significant items), with a particularly strong second half. More
Slide 4: Chair's Address (continued)
Suite 2.01 | Level 2, 315 Ferntree Gully Road, Mount Waverley VIC 3149 03 9763 6711 admin@egl.com.au EGL’s success depends on the commitment and capability of our people. Our staff numbers have grown again this year, and we continue to see the benefits of the positive, collaborative culture that our
Slide 5: CEO's Address
Suite 2.01 | Level 2, 315 Ferntree Gully Road, Mount Waverley VIC 3149 03 9763 6711 admin@egl.com.au CEO’s Address Welcome and Introduction Good morning, and welcome to The Environmental Group Limited’s Annual General Meeting. I would like to begin by welcoming our shareholders and thanking you for
Slide 6: CEO's Address (continued)
Suite 2.01 | Level 2, 315 Ferntree Gully Road, Mount Waverley VIC 3149 03 9763 6711 admin@egl.com.au The acquisition of Advanced Boilers & Combustion expanded fabrication capacity, intellectual property through the Maxitherm brand, and our national service network. Early integration benefits are alr
Slide 7: Engineering a Sustainable Future - Annual General Meeting
The Environmental Group Limited For personal use only Engineering a Sustainable Future Annual General Meeting Tuesday, 18 November 2025 at 10.00am AEDT
Slide 8: Acknowledgement of Country
We respectfully acknowledge the Wurundjeri Woi-wurrung and Bunurong/Boon Acknowledgement Wurrung peoples who are part of the Kulin Nation, who are the Traditional Custodians of the land on which we are located today, and pay our respects to their Elders past, present of Country and emerging. For per
Slide 9: Chair's Welcome
For personal use only Chair’s Welcome 3
Slide 10: Agenda
Agenda For personal use only 01 Chair’s Report 02 CEO’s Presentation 03 Notice of Meeting and Proxies 04 Financial Statements and Reports 05 Resolutions 06 Conducting of the Poll 4
Slide 11: Chair's Report
For personal use only 01 Chair’s Report 5
Slide 12: CEO's Presentation
For personal use only 02 CEO’s Presentation 6
Slide 13: Engineering a Sustainable Future
For personal use only Engineering a Sustainable Future to enhance the circular economy through strong ESG principles. 7
Slide 14: Key Highlights FY25
For personal use only Key Highlights FY25 $111.9M $11.1M $8.1M Revenue up Underlying1 EBITDA up Underlaying1 EBIT 13.9% on PCP 9.9% on PCP up 7.8% on PCP $4.7M $53M 86% 381,000 $5.5M CE & ISO NPAT up 7.3% Recurring revenue, Underlying1 EBITDA Hours worked Strategic All CE & ISO on PCP largely servic
Slide 15: FY25 Financial Results Highlights
FY25 Financial Results Highlights For personal use only EGL revenue mix over time Most of EGL’s revenue is contracted +32.9% recurring CAGR • 53% of EGL’s revenue is contracted or recurring in nature. 111.9 • Comprises maintenance services contracts, regular service work, 98.3 ad-hoc repairs, spare
Slide 16: Operating Units
For personal use only Operating Units
Slide 17: Operating Units: Energy, Baltec, Clean Air, Waste Services
EGL Energy EGL Baltec For personal use only Regulated by Australian standards requiring Turbine noise emission requirements are all steam boilers to be serviced & inspected driven by EPA or equivalent as well as social on mandatory intervals. responsibility. EGL Clean Air EGL Waste Services Driven b
Slide 18: EGL Energy
For personal use only EGL Energy offers a service network across Australia providing 24/7 sales, service, maintenance and repairs of boilers, gas-fired equipment and other original equipment manufacture, optimising energy efficiency. • Our design is the most energy efficient water tube boiler availa
Slide 19: AGM Commentary: EGL Energy
For personal use only AGM Commentary • Continued growth of new boiler sales and product sales through both Tomlinson & Advanced Boilers with the two leading boiler brands in Australia. • Service revenue is driven by the Australian standards requiring all steam boilers to be serviced & inspected on m
Slide 20: EGL Baltec
For personal use only EGL Baltec provides a range of specialist services to the global gas turbine power industry as it moves to support renewable energy. • The gas turbine market is changing requiring the conversion of base load power plants to run as peaking load turbines to support renewables. •
Slide 21: AGM Commentary: EGL Baltec
For personal use only AGM Commentary • The pipeline remains very strong, sales financial year to date have already reached $21.5M. • Growth of the renewables sector is driving need for gas turbines to have the flexibility to run either in peaking load or base load. • Data centers increasing demand f
Slide 22: EGL Clean Air
For personal use only EGL Clean Air provides engineering, supply, installation, commissioning and ongoing service support for a wide range of Industrial Air Pollution Control Systems. Technologies include: • Wet & Dry scrubbers For control of all emissions to air, including: • Bag filters • Gaseous
Slide 23: AGM Commentary: EGL Clean Air
For personal use only AGM Commentary • An improvement in the lithium and rare earths price has seen life come back into the sector. • We have received an engineering design order for a kiln off gas scrubbing system for a major project, this half. • Airtight has continued to penetrate the waste treat
Slide 24: EGL Waste division
For personal use only EGL Waste division brings together our service lines to provide integrated solutions to the waste industry. The National Waste Policy Action Plan requires an 80% average resource recovery rate from all waste streams following the waste hierarchy by 2030. That is an increase of
Slide 25: AGM Commentary: EGL Waste
AGM Commentary For personal use only • The PFAS plant sales pipeline continues to grow, with several clients engaged in proposals for new plant sales. • Fabrication on the PFAS plant sold in July is almost complete, with installation expected in December and commissioning shortly thereafter. • EGL h
Slide 26: Outlook
For personal use only Outlook 20
Slide 27: FY26 EBITDA growth outlook
01 02 For personal use only We expect normalised EBITDA growth in FY26 EGL has met guidance each year and to be in the range of 15-20% compared to sustainably grown the business organically FY25. and via targeted strategic acquisitions. 03 04 EGL will continue to reinvest cashflow into the Recurring
Slide 28: FY26 Outlook
FY26 Outlook • Trading is in line with expectations year to date. For personal use only • We expect normalised EBITDA growth in FY26 to be in the range of 15-20% compared to FY25. • EGL has met guidance each year and sustainably grown the business organically and via targeted strategic acquisitions.
Slide 29: Reconciliation of Statutory (4E) to underlying results
Reconciliation of Statutory (4E) to underlying results FY25 ($M) 4E Less Significant Items Underlying Business Appendix A Revenue Costs of sales 111.9 (79.2) 111.9 (79.2) For personal use only Gross profit 32.7 32.7 Employee expenses (13.8) (13.8) Professional fees (2.1) (2.1) Travel expenses (1.8)
Slide 30: Questions
For personal use only Questions 24
Slide 31: Notice of Meeting and Proxies
For personal use only Notice of Meeting 03 and Proxies 25
Slide 32: Financial Statements and Reports
For personal use only Financial Statements 04 and Reports 26
Slide 33: Resolutions
For personal use only 05 Resolutions 27
Slide 34: Question Received Prior to the AGM
For personal use only Question Received Prior to the AGM 28
Slide 35: Question Received Prior to the Annual General Meeting
Question Received Prior to the Annual General Meeting For personal use only QUESTION “Can Mr D’rozario advise the meeting why he owns no shares in EGL and when he will correct this?” Mr D'Rozario will address this matter after the AGM, when he intends to purchase Response shares in the Company. 29
Slide 36: Conducting of the Poll
For personal use only Conducting of the 06 Poll 33 30
Slide 37: Thank You
For personal use only Thank You 31 34
Slide 38: Head Office and Disclaimer
For personal use only HEAD OFFICE Suite 2.01 | Level 2 315 Ferntree Gully Road Disclaimer Mount Waverley Victoria 3149 The Environmental Group Limited advises that these presentation slides contain forward looking Phone: 03 9541 8699 statements which may be subject to significant uncertainties outsi
The Environmental Group — Shareholder Meeting (November 2025) on 6ix