Imdex Ltd · ASX:IMD
Imdex — Shareholder Meeting (October 2026)
43 slides from Imdex's shareholder meeting presentation, Oct 16, 2026
Slide 1: 2026 AGM Presentation, Scripts and Trading Update
For personal use only 16 October 2026 Company Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2001 2026 AGM PRESENTATION, SCRIPTS AND TRADING UPDATE Dear Sir/Madam Please find attached a copy of the presentation, together with the Chairman’s and Managing Director’s scrip
Slide 2: 2026 Annual General Meeting
rsonal use only 2026 Annual General Meeting ANTHONY WOOLES, CHAIRMAN PAUL HOUSE, MD & CEO imdex.com
Slide 3: Forward Looking Statements
Forward Looking Statements This presentation may contain certain ‘forward-looking statements’ to differ materially, including but not limited to retention of key business & projections provided by or on behalf of IMDEX limited (IMDEX). relationships, environmental impacts & claims, operational & exe
Slide 4: FY26 AGM Agenda
FY26 AGM rsonal use only CHAIRMAN’S ADDRESS Agenda RESOLUTIONS & VOTING CLOSE OF ANNUAL GENERAL MEETING IMDEX 2026 Annual General Meeting MD & CEO ADDRESS REFRESHMENTS 3
Slide 5: Chairman's Address
rsonal use only Chairman’s Address 4
Slide 6: Board of Directors
Board of Directors rsonal use only Anthony Wooles Sally-Anne Layman Tracey Arlaud Non-Executive Chair Non-Executive Director Non-Executive Director IMDEX 2026 Annual General Meeting Our board brings extensive experience across mineral exploration, mining, technology, finance and corporate leadership
Slide 7: FY26 Financial Highlights
FY26 Financial $520m Group Revenue Up 21% on FY25 (up 23% on a constant currency basis) FY25 $431m Highlights rsonal use only Record revenue growth converted into margin $179m EBITDA Reported Up 38% on FY25 (up 42% on a constant currency basis) FY25 $130m expansion $163m EBITDA Normalised1 FY25 IMDE
Slide 8: FY26 Financial Highlights: Cash, Net Debt, Dividend
FY26 Financial Highlights 83% rsonal use only Cash Conversion1 Normalised2 FY25 Strong working capital discipline maintained during growth phase 95% Strong cash generation continues to fund growth, innovation and deliver superior $199m Net Debt3 $186m increase in net debt, after drawing down to fund
Slide 9: FY26 Strategic Highlights
FY26 Strategic Highlights DST and DEK unifying and compounding value for customers The global reach of our customer service network ensures our customers are supported anywhere in the world, both on -site and online rsonal use only Scaling growth, technology and value for customers • Record share of
Slide 10: FY26 Sustainability Highlights
FY26 Sustainability Highlights Strengthening governance, enhancing productivity and preparing for climate disclosures Strong Foundations Product Leadership Sustainable Customer Solutions Strengthening ESG governance & controls Innovating for sustainable impact Measurable customer sustainability outc
Slide 11: Resolutions & Voting
rsonal use only Resolutions & Voting 10
Slide 12: 2026 Annual Report
2026 Annual Report RECEIVE AND ACCEPT THE 2026 ANNUAL REPORT rsonal use only In accordance with ASX listing rule 4.10.3 the 2026 Annual Report has been distributed to all shareholders and is available for download from the company’s website. In accordance with section 205PA of the Corporations Act 2
Slide 13: Meeting Close
rsonal use only Meeting Close 24
Slide 14: Managing Director & Chief Executive Officer Address
rsonal use only Managing Director & Chief Executive Officer Address 25
Slide 15: A broader platform, delivering results
A broader platform, delivering results Four themes behind IMDEX’s growth and momentum into FY27 01 02 03 04 rsonal use only Platform for growth Industry macros Evidence Execution IMDEX has a Industry Record FY26 Strategic broader platform thematics results and execution is and more haven’t been stro
Slide 16: IMDEX Long-Term Growth Strategy
IMDEX Long-Term Growth Strategy Multiple growth levers support continued expansion across exploration, production and adjacent markets Share of Wallet Market Share 02. rsonal use only • Expand customer value through a broader Market Share • Maintain technical leadership by investing in next technolo
Slide 17: FY27 Industry Macro Update
FY27 Industry Macro Update Structural industry drivers continue to strengthen IMDEX’s opportunity set Commodity Prices Supply & Demand Exploration Budgets New STRONG STRUCTURAL DEFICIT INVESTMENT GROWING rsonal use only Gold price remains strong and Copper at Declining reserves, lower discovery rate
Slide 18: FY26 Performance
rsonal use only FY26 Performance 29
Slide 19: FY26 Key Performance Metrics
FY26 Key Performance Metrics Record financial performance creates capacity to invest, grow and deliver sustainable returns Revenue EBITDA Reported EBITDA Normalised Performance demonstrates the $520m $179m $163m rsonal use only scalability and continued improvement in earnings FY25 $431m FY25 $130m
Slide 20: FY26 Revenue Performance (1)
FY26 Revenue Performance (1) Revenue growth demonstrated strong market share gains 850 47% 50 800 43% • Unlocking growth from five years 45 of fleet connectivity strategy rsonal use only 750 700 38% 37% 38% 40 650 600 33% 35 • Revenue growth of 15% 5-year CAGR relative to 550 +15% CAGR 520 explorati
Slide 21: FY26 Revenue Performance (2)
FY26 Revenue Performance (2) Multiple growth levers deliver 15% 5-year revenue CAGR 850 1.0 • Expanded technology portfolio 800 750 0.9 enhancing customer productivity rsonal use only 700 0.8 and decision intelligence 650 600 • Platform enabled hardware demonstrates five years of 0.7 550 digitising
Slide 22: FY26 EBITDA Normalised
FY26 EBITDA Normalised Margin expansion highlights the leverage in the IMDEX business model +2% 31% 31% • EBITDA normalised increased 30% 29% 29% exceeding revenue rsonal use only 29% 29% 200 growth of 21% 180 +29% • EBITDA normalised margin expanded to 31%, 160 CAGR 17% reflecting operating leverag
Slide 23: 1Q27 Result
rsonal use only 1Q27 Result Strong organic growth and accelerating platform adoption 34
Slide 24: 1Q27 Revenue Performance
1Q27 Revenue Performance Record quarterly revenue, platform adoption accelerates 240 55 51% 220 49% 50 31% Q1 revenue growth outweighs 46% drilling activity increase of 7% 1 rsonal use only 200 43% +31% 45 180 39% 38% v PCP 40 • Record quarter revenue of $161m, up 31% pcp 161 160 150 and up 7% on 4Q
Slide 25: 1Q27 Revenue Performance by Growth Lever
1Q27 Revenue Performance by Growth Lever Broad-based growth across connected technologies, software, products and services 240 1.0 220 Diversified revenue streams 0.9 support sustainable growth rsonal use only 200 +31% 0.8 180 v PCP 161 0.7 • Platform enabled hardware up 37% pcp through 160 strong a
Slide 26: Revenue by Segment
Revenue by Segment Broad-based growth demonstrates the strength of the IMDEX platform DST - Americas +24% DST - APAC v PCP +29% v PCP rsonal use only 64 56 62 77 36 46 32 30 27 28 Q1 2023 Q1 2024 Q1 2025 Q1 2026 Q1 2027 Q1 2023 Q1 2024 Q1 2025 Q1 2026 Q1 2027 • Revenue increase reflects strong drill
Slide 27: FY27 Strategic Priorities Highlights
FY27 Strategic Priorities Highlights Strong Q1 performance demonstrates progress on strategic priorities Scaling growth, technology and value for customers rsonal use only • Share of wallet1 increase - $2.50 per $100, up from $2.402 • Record tools on hire, next generation tools 15% of fleet up from
Slide 28: Executive Leadership Team
Executive Paul House Shaun Southwell Leadership Team rsonal use only Managing Director & Chief – Exploration & Chief Executive Production Officer Shane Plant Dr Michelle Carey Chief Commercial Chief - Digital Earth Officer Knowledge IMDEX 2026 Annual General Meeting Introducing our Dr Dave Lawie Kia
Slide 29: Additional Notes & Appendices
IMDEX 2026 Annual General Meeting rsonal use only & Appendices Additional Notes
Slide 30: Reconciliation - Significant items
Reconciliation - Significant items ($m) FY26 FY25 EBITDA NPAT EBITDA NPAT Normalised EBITDA & NPAT 162.6 58.6 126.4 43.2 rsonal use only Gross Tax Net Gross Tax Net Integration expenses related to the acquisitions of Integration Expenses (15.2) 3.5 (11.7) - - - ESA/Datarock/Krux. Gain on remeasureme
Slide 31: Corporate calendar: Key dates
Corporate calendar 16 October 2026 FY26 Annual General Meeting rsonal use only 26 October 2026 Investor Strategy Day Key dates IMDEX 2026 Annual General Meeting 42
Slide 32: Chairman's Address script
2026 ANNUAL GENERAL MEETING, 16 OCTOBER 2026 Slide 1 2026 Annual General Meeting Chairman’s Address For personal use only ANTHONY WOOLES Good morning, ladies and gentlemen. Thank you for joining us and welcome to IMDEX’s Annual General Meeting for the financial year ended 30 June 2026. I advise that
Slide 33: Chairman's script: FY26 record year
FY26 was a record year for IMDEX. Group revenue increased 21 per cent to $520 million, or 23 per cent on a constant currency basis. Normalised EBITDA increased 29 per cent to $163 million, with the normalised EBITDA margin expanding to 31 per cent. Normalised NPAT increased 37 per cent to $59 millio
Slide 34: Chairman's script: Sustainability Highlights
Slide 9 FY26 Sustainability Highlights Sustainability remains an important priority for the Board, and we continued to make progress across each of the key pillars of our Sustainability Strategy during FY26. The safety and wellbeing of our people remains fundamental. Our lost time injury frequency r
Slide 35: Chairman's script: Resolutions 1-2
[Pause to allow for questions] Thank you. If there are no further questions, I will move to the next item. Slide 12 Resolution 1 - Re-election of Ms Tracey Arlaud For personal use only Resolution 1 relates to the re-election of Ms Tracey Arlaud as a Director of the Company. Details of Ms Arlaud’s ex
Slide 36: Chairman's script: Resolutions 4-5
Slide 15 Resolution 4 - Potential Termination Benefits to Mr Paul House Resolution 4 seeks shareholder approval for potential termination benefits in relation to the LTI Performance Rights, on the terms described in the Notice of Meeting. Resolution 4 is conditional on Resolution 3 being approved. F
Slide 37: Chairman's script: Resolution 8
I now put Resolution 7 to the meeting and direct that it be determined by poll. [Allow a brief pause] Thank you. We will now move to Resolution 8. As Resolution 8 relates to my remuneration as a Non- Executive Director, I will now step aside for the consideration of this item and hand the chair to M
Slide 38: Chairman's script: Resolutions 11-12
Thank you. We will now move to Resolution 11. Resolution 11 Issue of Share Rights in lieu of fees to Mr Uwa Airhiavbere Slide 22 or his nominee(s) Resolution 11 seeks shareholder approval for the issue of Share Rights to Mr Uwa Airhiavbere, or his For personal use only nominee(s), in lieu of directo
Slide 39: Chairman's script: Meeting close
I now declare the formal part of the meeting closed and invite our Managing Director and Chief Executive Officer, Mr Paul House, to provide a business update on the Company. For personal use only 8
Slide 40: MD & CEO Address script
MD & CEO Address PAUL HOUSE Slide 25 Managing Director & Chief Executive Officer Address For personal use only Thank you, Anthony, and welcome everyone to our AGM. I am delighted to be able to provide an update on the IMDEX strategy and business. Slide 26 A broader platform, delivering results IMDEX
Slide 41: MD & CEO script: industry macros and FY26
Together with rising costs and labour constraints, these conditions continue to create attractive opportunities for technologies that improve productivity and decision-making across the mining lifecycle. These thematics play directly to IMDEX's strengths, our integrated platform is designed to meet
Slide 42: MD & CEO script: EBITDA and 1Q27
Slide 33 EBITDA Normalised This growth is translating into stronger earnings. Normalised EBITDA increased 29 per cent to $163 million, ahead of revenue growth of 21 per cent. The normalised EBITDA margin expanded to 31 per cent for the year. For personal use only This demonstrates the operating leve
Slide 43: MD & CEO script: Revenue by Segment
Slide 37 Revenue by Segment Equally that annual growth is reflected across multiple regions. In the Americas, revenue increased 24 per cent led by solution selling. For personal use only In APAC, revenue increased 29 per cent led by strong gold and copper activity. In EMEA, revenue increased 37 per