Ventia Services Group Limited · ASX:VNT
Ventia Services — Investor Day (May 2026)
57 slides from Ventia Services's investor day presentation, May 4, 2026
Slide 1: Ventia Investor Presentation (ASX and NZX Release)
Ventia Services Group Limited ABN 53 603 253 541 Level 27, 155 Miller Street North Sydney NSW 2060 AUSTRALIA ventia.com ASX and NZX Release 4 May 2026 Ventia Investor Presentation For personal use only Ventia Services Group Limited (ASX: VNT) will today be holding an Investor Day. In accordance with
Slide 2: 2026 Investor Day
For personal use only 2026 Investor Day 4 May 2026
Slide 3: Disclaimer
2 Disclaimer This presentation contains summary information about Ventia Services Group Limited (ACN 603 253 541) and its related bodies corporate (together, Ventia) and does not purport to be complete. It should be For personal use only read together with the Company’s 2025 Full Year Results and An
Slide 4: Acknowledgement of Country and Mihi
3 Acknowledgement of Country and Mihi For personal use only Ventia would like to respectfully acknowledge the Traditional Custodians of country throughout Australia and their connection to land, sea and community. We pay our respect to them, their cultures and to their Elders past and present. He ta
Slide 5: Welcome and overview
For personal use only Welcome and overview Dean Banks Managing Director and Group CEO Pictured: Member of Ventia’s Transport team at our Leonard Road Depot in Auckland, New Zealand
Slide 6: Track record of disciplined execution and financial delivery
5 Track record of disciplined execution and financial delivery Sustained growth across key metrics (FY21-FY25) For personal use only Revenue Growth EBITDA Growth1 Work in Hand Growth NPATA Growth1 34.8% 40.1% 31.5% 75.5% $6,141.1m in FY25 $532.1m in FY25 $22.1b in FY25 $257.6m in FY25 Strong share p
Slide 7: Addressable market opportunity
6 Addressable market opportunity We are exposed to positive market tailwinds that present strong, scalable growth opportunities in four key areas For personal use only Outsourced Maintenance Services addressable market size Four key growth areas Australia and New Zealand ($b) 86.8 91.4 96.3 100.3 11
Slide 8: We continue to Redefine Service Excellence
7 We continue to Redefine Service Excellence Enhancing stakeholder outcomes and underpinning long-term value creation For personal use only Customer Satisfaction1 What our customers have told us: Our customers expect us to be safe, always 83% +7pt NPS YOY Our people are our greatest asset +47% respo
Slide 9: Key priorities for 2026
8 Key priorities for 2026 FY26 guidance – NPATA growth of 7-10%1 For personal use only Delivering on expectations Realising sustainable growth Creating shareholder value NPATA growth High renewal rates Dividends 7-10% >90% 60-80% of NPATA Strong cash generation EBITDA margin at Growing buyback progr
Slide 10: Financial overview
For personal use only Financial overview Mark Fleming Chief Financial Officer Pictured: Inspection of assets at North Head treatment plant in New South Wales, Australia
Slide 11: Sustained strong track record of performance
10 Sustained strong track record of performance For personal use only Total Revenue ($m) EBITDA1 ($m) 6,000 550 532.1 499.3 500 465.2 5,000 450 419.8 400 379.9 4,000 350 6,105.5 6,141.1 8.2% 8.7% 5,676.4 300 8.2% 3,000 5,167.5 8.3% 8.1% 4,557.4 250 2,000 200 150 1,000 100 FY21 FY22 FY23 FY24 FY25 FY
Slide 12: Through the cycle investment proposition
11 ‘Through the cycle’ Revenue targeted to grow Diligent focus on investment faster than market cash backed profits proposition For personal use only 5 - 10 % 90%+ Average revenue growth Cash flow conversion Net profit after High conversion of tax target profits into dividends 7 - 10 % 75%+ Average
Slide 13: Capital allocation framework
12 Capital allocation framework For personal use only Maintain financial Invest to grow Maximise total strength and core business shareholder returns flexibility Organic growth: Cash generative model: Sustainable distributions: Disciplined investment to Cash conversion 90%+ and Payout of 60-80%, fra
Slide 14: Maintain financial strength and flexibility
13 Maintain financial strength and flexibility Leverage1 Interest Cover Ratio2 14 12.6 12.4 For personal use only 12.2 3 11.2 12 10.0 Headroom to covenant 10 2 1.8 Net Debt/EBITDA between 1-2x 8 Headroom 1.4 1.3 to covenant 1.2 6 1.0 1 4 Stable credit ratings (S&P BBB, 2 Moodys Baa2) 0 0 FY21 FY22 F
Slide 15: Invest to grow core business
14 Invest to grow core business For personal use only New capabilities Valued customers New geographies Acquire and scale new capabilities that Strengthen our customer relationships by Enhance our geographic footprint to increase complement our core services to deliver deepening service offerings an
Slide 16: Maximise total shareholder returns
15 Maximise total shareholder returns For personal use only Reliable and growing dividends On-market buyback commenced Increasing returns to shareholders Growing total dividends, up 47.6% since FY221 Buyback programme upsized to Top quartile total shareholder return (TSR) $250m 25% 30 per annum Cent
Slide 17: Key messages
16 Key messages For personal use only Strong track record of consistent financial performance Outlook for continued growth over the medium to longer term Disciplined approach to capital allocation and maintenance of balance sheet strength Pictured: XXX Pictured: Member of our Defence Base Services l
Slide 18: Digital Infrastructure
For personal use only Digital Infrastructure Sarah Palmer Group Executive Telecommunications Pictured: Ventia telecommunications technician deploys nbn’s trademark green fibre optic cable in Queensland, Australia
Slide 19: Telecommunications overview
18 Telecommunications overview Our track record is a strong foundation to capture Digital Infrastructure revenue We are the largest telecommunications For personal use only infrastructure services provider in Australia and New Zealand 60% FY25 Revenue Telecommunications revenue breakdown $1.7b 10% 6
Slide 20: Digital Infrastructure: The backbone of the Digital Economy
19 Digital Infrastructure: The backbone of the Digital Economy For personal use only Connect Enable Fibre, Wireless, Subsea Power, Cooling, Civils Digital Infrastructure - the physical assets required to move, store and process data securely and at scale, including: Operate Compute Operations and Ma
Slide 21: Our market
20 Our market KEY: Existing addressable Digital Infrastructure extends beyond existing Accelerated growth Telecommunications, expanding our addressable Inter-exchange Inter-city Fibre For personal use only market into higher-growth segments Core Networks Metro and Subsea Terrestrial Regional Fibre F
Slide 22: Our ambition is to be #1 Digital Infrastructure services provider
21 Our ambition is to be #1 Digital Infrastructure services provider in Australia and New Zealand For personal use only $12.3b Growth pillar #1 Fortify the foundation • Grow share of wallet with existing customers Our growth plan 2030 Forecast Market FY26-30: 1% CAGR 2 • Selective expansion into new
Slide 23: Data Centre services: Platform for Digital Infrastructure Growth
22 Data Centre services: Platform for Digital Infrastructure Growth For personal use only The Data Centre Services Addressable Market Key Opportunities for Ventia How we are best placed to win AI and High- 6 $5.9b 1 Performance Compute Proven delivery of fibre networks, power infrastructure and miss
Slide 24: Customer Case Study: Telstra Aura Network and Edge Data Centres
23 Customer Case Study Telstra Aura Network and Edge Data Centres For personal use only Building the backbone of Australia’s digital future The Aura Network is enabling Australia’s digital future. This 14,000km ultra-high-capacity fibre network is designed to be able to unlock opportunity and suppor
Slide 25: Key messages
24 Key messages For personal use only Telecommunications remains the foundation Resilient earnings profile underpinned by long-term O&M annuity services revenue Digital Infrastructure is the growth engine – pulling through fibre, power and annuity O&M Pictured Fixed wireless monopole tower located i
Slide 26: Defence
For personal use only Defence Mark Ralston Group Executive Defence & Social Infrastructure Pictured: Working on heavy armoured vehicles on the Defence Maintenance Contract in Victoria, Australia
Slide 27: Defence & Social Infrastructure overview
26 Defence & Social Infrastructure overview Supporting customers across defence, state and local For personal use only We deliver essential services to all levels of Government Government, including education, health, housing and justice FY25 Revenue Defence & Social Infrastructure revenue $2.4b 28%
Slide 28: Broad capabilities from Defence base services to specialised solutions
27 We have broad capabilities from Defence base services to specialised solutions For personal use only Living and Working Property and Asset Maritime Precinct Firefighting and Clothing Services Services Management Emergency Response Services Defence Vehicle and Equipment Environmental Fuel Digital
Slide 29: Our people are in the right place to support Defence
28 Our people are in the right place to support Defence For personal use only 2,600+ defence personnel with deep operational experience Ventia’s national capabilities: Key Defence strategic initiatives: Property and Asset Services Northern Force Posture Living and Working Services Major AUKUS and Ma
Slide 30: Our addressable market in Defence is growing from $10b to $16b
29 Our addressable market in Defence is growing from $10b to $16b For personal use only The Defence Addressable Market Key Market Drivers Total Defence Spending 2025, $b $60b 1 AUKUS and Maritime 2 Northern Force Posture $16b $10b 3 Estate Upgrades and Remediation 4 Infrastructure Resilience Ventia’
Slide 31: Our ambition is to be Defence's #1 Partner
30 Our ambition is to be Defence’s #1 Partner Defence Clothing Services End-to-End Prime services Defence Maintenance and life-cycle integration For personal use only for Defence vehicles, Examples of service and Project Land 8120 instruments and scope expansion: Vehicle acquisition, equipment modif
Slide 32: Capabilities and geography support Defence strategic priorities
31 Our capabilities and geography support the strategic priorities of Defence For personal use only Northern Force Posture Ventia’s national capabilities: Property and Asset Services Living and Working Services Firefighting Services Defence Maintenance Contract Defence Clothing Services AMC CUF HMAS
Slide 33: Customer Case Study: Australian Marine Complex Common User Facility
32 Customer Case Study Australian Marine Complex – Common User Facility For personal use only Ventia has held the operations and management contract for the Australian Marine Complex - Common User Facility (AMC CUF) since mid-2022 Customer >65 Development WA Poised for Growth Customers per year Vent
Slide 34: Key messages
33 Key messages For personal use only We have the broad capabilities and sovereign workforce that Defence requires … and in the right places Pictured: Working on heavy armoured vehicles on the Defence Maintenance Contract in Victoria, Australia These will support the strategic priorities of Defence
Slide 35: Energy and Water
For personal use only Energy and Water Prue Crawford-Flett Group Executive Infrastructure Services Pictured: Inspection of assets at North Head treatment plant in New South Wales, Australia
Slide 36: Infrastructure Services overview
35 Infrastructure Services overview Providing multidisciplinary maintenance and sustaining capital works solutions to Australia and New Zealand are owners and operators of critical infrastructure entering their largest energy and For personal use only water renewal cycle in decades FY25 Revenue $1.4
Slide 37: For personal use only
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Slide 38: The Energy and Renewables market
37 The Energy and Renewables market The energy transition and asset renewal are driving long term demand across Ventia’s core capabilities For personal use only The Energy and Renewables Addressable Market CAGR (FY25-30) of Total Energy Market 6.9% 2025, $b $40b $21.9b $15.7b Existing market share (
Slide 39: Key market drivers
38 Key market drivers For personal use only Key Market Drivers How we are best placed to win 1 Grid decarbonisation Full substation upgrade capability and panel access Battery Energy Storage 2 System (BESS) and renewable integration Highly technical and integrated requirements favour in-house engine
Slide 40: Energy and Renewables: What we do and where we play
39 Energy and Renewables: What we do and where we play For personal use only 25% $407m YoY Revenue Growth (FY24-FY25) FY25 Revenue % of Infrastructure 29% 2.6% Services FY25 Ventia Market 90% 30 years Revenue Share Contract renewal rate Longest customer relationship Specialist technical capability:
Slide 41: Strategic capability that outpaces our current market share
40 Strategic capability that outpaces our current market share Demand is growing faster than the number of credentialled operators. Ventia has the people and specialist capability to deliver. For personal use only High Voltage Grid Connection Design and Construct of electrical substations, high volt
Slide 42: Water
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Slide 43: The Water market
42 The Water market Non-deferrable investment in water infrastructure is driving sustained, long-term demand for Ventia’s capabilities For personal use only The Water Addressable Market Key Market Drivers How we are best placed to win Total Water Market 2025, $b 1 Asset Renewal Backlog Multi-year ca
Slide 44: Water: What we do and where we play
43 Water: What we do and where we play For personal use only 24% $448m YoY Revenue Growth (FY24-FY25) FY25 Revenue % of Infrastructure 32% 4% Services FY25 Ventia Market 96% 10+ years Revenue Share Contract renewal rate Longest customer relationship Specialist technical capability: Water and wastewa
Slide 45: Customer Case Study: Long term water partnerships
44 Customer Case Study Long term water partnerships For personal use only Water and wastewater Network operations and Brownfield capital treatment operations intelligent monitoring delivery Watersure JV Seqwater Yarra Valley Water • Joint venture with SUEZ operating • Four-year $220 million contract
Slide 46: Key messages
45 Key messages For personal use only Deepen revenue within existing contract relationships as market volumes increase Leverage growing energy and water capital programs to expand operations and maintenance scopes Expand renewables O&M as the asset base grows across key markets Invest in operational
Slide 47: Innovation and Transformation
For personal use only Innovation and Transformation Derek Osborn Group Executive Innovation and Transformation Pictured: Members of Ventia’s 24/7 Operations Centre in Victoria, Australia
Slide 48: One digital core: one consistent experience
47 One digital core: one consistent experience Ventia's platform underpins reliable execution across every contract, at scale, every day For personal use only 9m+ 2.6m 14,000+ assets under management work orders per annum suppliers connected 6,000+ 18b+ 941k users across 500+ sites (AU/NZ) enterpris
Slide 49: Our partnerships: together we go further
48 Our partnerships: together we go further How Ventia's digital core enables subcontractors growth For personal use only • Trusted Partnership • Twelve years • One platform • Compounding growth • Disciplined execution Star Property a Ventia partner since 2013
Slide 50: VenIQ: Smarter Bids. Every time.
// CONFIDENTIAL FOR DISCUSSION ONLY VenIQ For personal use only Smarter Bids. Every time. 49
Slide 51: AI Apprentice: Expert knowledge. Everywhere.
// CONFIDENTIAL FOR DISCUSSION ONLY AI Apprentice Expert For personal use only knowledge. Everywhere.
Slide 52: Our digital ambition
51 Our digital ambition Shaped by growth areas, customer demand and megatrends For personal use only Predict and connect Intelligent at scale Full predictive capability Platform revenue growing Digital services revenue Capability-driven partner New specialist partners AI-enabled external revenue Now
Slide 53: Leading the next generation of infrastructure renewals
For personal use only Leading the next generation of infrastructure renewals
Slide 54: What once took decades now compounds inside a single investment cycle
53 What once took decades now compounds inside a single investment cycle For personal use only The curve to 2026 What 2026 looks like from 2050 We are here Relative compute units Relative compute units We are here 2000 2005 2010 2015 2020 2025 2026 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2
Slide 55: Technology exponentials landscape
54 Technology exponentials landscape Proven technologies that materially lift productivity and customer outcomes. For personal use only AI Int XR NrG Drn DAg XFn XMd Sp Mns ExO Artificial Internet Extended Sustainable Drones Digital Exponential Exponential Space Moonshot Exponential Intelligence Rea
Slide 56: Key messages
55 Key messages For personal use only One digital core, one consistent experience Our Partnerships, together we go further Accelerating new technology straight to production Leading the next generation of infrastructure renewals Pictured: Ventia Operations Centre in Victoria, Australia.
Slide 57: Thank you
For personal use only Thank you