Tasmea Limited · ASX:TEA
Tasmea — Merger or Acquisition (June 2026)
15 slides from Tasmea's merger presentation, Jun 2, 2026
Slide 1: Acquisition of Maxim Group
TASMEA LIMITED ACQUISITION OF MAXIM GROUP JUNE 2026
Slide 2: Transaction highlights
Transaction highlights Maxim Group is a leading electrical specialist contractor servicing Victorian Data Centres, BESS & Infrastructure markets, underpinned by long-term customer relationships and a multi-year visible pipeline HIGHLY SPECIALISED DATA CENTRE OWNER-LED WITH HIGH GROWTH LONG TERM & DI
Slide 3: About Maxim Group
About Maxim Group KEY METRICS ▪ Headquartered in Victoria, Maxim Group (“Maxim”) is a market-leading specialist electrical business, positioned across the state's three structural growth markets: Data Centres (“DC”), Major Government Infrastructure, and Renewable Energy including Battery Energy Stor
Slide 4: Maxim Group core competitive advantages
Maxim Group core competitive advantages ENTRENCHED DATA CENTRE RELATIONSHIPS ONE OF THE LARGEST RAIL-INDUCTED WORKFORCES IN VICTORIA 1 Data Centre specialists; major electrical services provider completing a number of Data Centre projects in Victoria including for one of Australia's largest Data Cen
Slide 5: Transaction overview
ASX Transaction overview Executing on our programmatic acquisition strategy. Key terms of the transaction are summarised below. • 100% of Maxim Group Australia Pty Ltd and its wholly-owned subsidiaries (Maxim Electrical Services, Maxim Target Infrastructure, Maxim Management Group) • Up to ~A$254 mi
Slide 6: Pro forma FY26e forecast financials
Pro forma FY26e forecast financials Pro forma FY26e EBIT $m Pro forma FY26e EBIT share % Gearing (Net debt / Pro forma EBITDA) 175 128 Maxim 27% ~0.8x <0.5x TEA 73% TEA as at 31 Dec-25 Pro forma post-Maxim TEA pro forma pre-Maxim Pro forma post-Maxim Pro forma FY26e NPAT $m Pro forma FY26e NPAT shar
Slide 7: Maxim Group provides geographic expansion into Victoria
Maxim Group provides geographic expansion into Victoria DARWIN ✓ Maxim Group is strategically positioned to capitalise on major MCARTHUR RIVER WEIPA Data Centre, BESS & Infrastructure investment programs in Victoria CAIRNS TOWNSVILLE ✓ Tasmea expects to leverage this footprint to expand Tasmea’s MT
Slide 8: Accelerating demand relative to market capacity
Accelerating demand relative to market capacity A structural step-change in market demand and a material shortfall in near-term supply is driving a need for accelerated capacity delivery Australian Data Centre demand is scaling rapidly …with a material shortfall in near-term supply driven by hypersc
Slide 9: Australian Data Centre Supply Outlook
Australian Data Centre Supply Outlook DC Byte forecasts Data Centre operational capacity growth of 128% by 2030 vs 2025; Victorian capacity to grow at a 22% CAGR in the 5 years to 2030 AUSTRALIAN DATA CENTRE CAPACITY OUTLOOK (GW) McKinsey’s upside estimates 3.2 GW Australian Data Centre capacity 3.5
Slide 10: Strategic rationale
Strategic rationale ASX Maxim positions Tasmea as the leading specialist electrical platform exposed to high growth Data Centre, Infrastructure, BESS & Renewables sectors 600+ credentialed electricians; Data Centre specialists; one of Victoria's largest rail-inducted workforces (200+ VEDN-accredited
Slide 11: Appendices
Q&A Appendices 11 ACQUISITION PRESENTATION TASMEA LIMITED
Slide 12: Announced AU Data Centre capex: A$65bn+ to 2030
Announced AU Data Centre capex: A$65bn+ to 2030 Announced/planned Australian Data Centre investment to 2030, including committed operator capex and hyperscaler Infrastructure commitments HYPERSCALERS · Australian DC Infrastructure OPERATOR-LED BUILDS · matching the demand MICROSOFT ~A$25bn 3-year co
Slide 13: BESS Opportunity
ASX BESS Opportunity Maxim is poised to leverage internal HV expertise to participate in large-scale projects as BESS becomes core to the future energy mix AEMO FORECAST INSTALLED UTILITY SCALE Supportive Market ▪ Transition from coal to renewables driving price volatility, 40 STORAGE CAPACITY IN TH
Slide 14: Specialist trade skilled services operating segments
Specialist trade skilled services operating segments WORKFORCE ELECTRICAL SOLUTIONS 18 yrs 4 yrs 25 yrs 10 yrs 21+ yrs 19 yrs 13 yrs 30 yrs MECHANICAL 10 yrs 29 yrs 9 yrs 12 yrs 16 yrs 10 yrs 15 yrs CIVIL 12 yrs 4 yrs 2 yrs 10 yrs Existing WATER & customers FLUID 19 yrs 8 yrs 36 yrs 29 yrs 10 yrs 49
Slide 15: Important notice
Important notice This document has been prepared by Tasmea Limited (ABN 22 088 588 425) (“Tasmea” or “the Company”). No other party other than Tasmea has authorised or caused the issue of this document, or takes responsibility for, or makes any statements, representations or undertakings in this doc