Perenti Limited · ASX:PRN
Perenti — Investor Presentation (October 2025)
17 slides from Perenti's investor presentation, Oct 28, 2025
Slide 1: Investor Presentation
28 October 2025 Investor Presentation Perenti Limited (ASX: PRN) (‘Perenti’ or ‘the Company’) is pleased to provide the following Investor Presentation to be used during several upcoming international investor meetings. Authorised by: Mark Norwell Managing Director & CEO For personal use only - END
Slide 2: Investor Update October 2025
For personal use only Investor Update October 2025
Slide 3: Important notice and disclaimer
Important notice and disclaimer This presentation and these materials (together the “Presentation”) have been prepared by Perenti Limited You should consult your own advisors as to legal, tax, financial and related matters and conduct your own ABN 95 009 211 474 (ASX:PRN) (“Perenti”) as a summary of
Slide 4: Who we are, what we do
Who we are, what we do At Perenti, our purpose is to create enduring value and certainty. We empower our diverse and talented people, care for our communities and collaborate with our clients to deliver smarter solutions for a better future. Ultimately our focus on our people, For personal use only
Slide 5: Corporate overview
Corporate overview Group Executive ASX Ticker PRN Analyst Coverage For personal use only Mark Norwell OTC Ticker AUSDF (MD & CEO) Headquarters Perth, Australia Michael Ellis (Chief Financial Officer) Shares on Issue 939.9 million Market Capitalisation1 USD$1.7B / AUD$2.6B Gabrielle Iwanow (President
Slide 6: History of consolidation and growth
History of consolidation and growth 1980 - 1989 1990 - 1999 2000 - 2009 2010 - 2019 2020 -2029 For personal use only 2023 1987 1993 1998 2012 2018 2019 2021 2007 PERENTI FOUNDED IN FORMED AFRICAN ACQUIRED ACQUIRED PERENTI LAUNCHED FOUNDED ACQUIRES KALGOORLIE AFRICAN SUPPORT BTP 100% ESTABLISHED IDOB
Slide 7: FY25 | Record results set the foundation for future growth
FY25 | Record results set the foundation for future growth • Record revenue, EBITDA and EBIT(A), underpinned by improved operational REVENUE EBITDA EBIT(A) performance. $3.5B $668M $333M For personal use only • EBIT(A) margin improved to 9.6%, up from 9.4% in FY24. 4% on FY24 4% on FY24 6% on
Slide 8: FY25 delivered another year of meeting or exceeding guidance
FY25 delivered another year of meeting or exceeding guidance Group financial performance continues to set new records. • Several consecutive years of revenue and EBIT(A) growth at or better than guidance. For personal use only • The improving quality of the business is evident in the EBIT(A) CAGR of
Slide 9: Free cash generation supports long-term value creation
Free cash generation supports long-term value creation • Perenti is consistently delivering strong free cash flow1, delivering another new record of $286 million in FY25. For personal use only • This result was assisted by the sale of equipment and inventory in Botswana of $92 million but, even on a
Slide 10: Framework for capital allocation
Framework for capital allocation • Efficient and disciplined allocation of capital is a key focus in generating long-term returns for shareholders. • Successive years of effective capital allocation has built the foundation for the strong free cash flow that the business is delivering. For personal
Slide 11: Work in hand and Pipeline
Work in hand and Pipeline • During FY25, work in hand increased by $1.4 billion to $6.5 billion on successful conversion of more than $4 billion worth of contracts. • Significantly, the pipeline of opportunity remains strong in all current operating regions with $17.4 billion identified. For persona
Slide 12: Our refreshed strategic approach
Our refreshed strategic approach Our Objective Through effective management of a portfolio of businesses that support our clients, we safely generate consistent and strong cash flows through For personal use only economic cycles to create superior shareholder returns and support long-term growth. Wh
Slide 13: FY26 | Another year of strong free cash generation ahead
FY26 | Another year of strong free cash generation ahead Multiple years of growth and leverage reduction has built a portfolio of businesses that is resilient to economic cycles with significant scale and free cash flow generation, enabling: For personal use only • Increased capital expenditure in F
Slide 14: Global portfolio to capitalise on increasing demand in 2026 and beyond
Global portfolio to capitalise on increasing demand in 2026 and beyond Underground Mining • Declining grades, deeper deposits & increasing geological complexity means mining is increasingly going underground. For personal use only • Mining orebodies underground requires skilled operators and technic
Slide 15: Thank you
For personal use only Thank you 14
Slide 16: Appendix: FY25 revenue breakdown
Appendix: FY25 revenue breakdown Revenue by Project (%) Group Contract Mining Drilling Services Mining and Technology Services1 7% 10% 8% 71% For personal use only Top Project Top 2 – 10 projects 43% 59% 36% 21% Top 11-20 projects 20% 26% 19% 6% All others 30% 6% 37% 2% Revenue by Country/Region (%)
Slide 17: Appendix: Underlying Financials
Appendix: Underlying Financials Contract Mining ($M) FY24 FY25 Change (YoY) For personal use only Revenue 2,542.2 2,518.9 ▼ 0.9% EBITDA 524.8 521.6 ▼ 0.6% EBIT(A) 287.3 286.4 ▼ 0.3% Group ($M) FY24 FY25 Change (YoY) EBIT(A) Margin 11.3% 11.4% ▲ 7 bps Revenue 3,342.0 3,489.5 ▲ 4.4% EBITDA 644.6 668.2