Slide 1: Investor Presentation FY2026
Investor Presentation FY2026 19 August 2026
Slide 2: Contents
Contents About Lycopodium FY26 Financial Highlights Change pic Operational Highlights Outlook & Guidance Appendix
Slide 3: About Lycopodium
About Lycopodium
Slide 4: About Us
ABOUT US Lycopodium is a leading global engineering and project delivery organisation Founded in 1992, Lycopodium provides integrated engineering, project, construction and asset management expertise across the project lifecycle With >1,400 staff globally, Lycopodium is built upon long-serving teams
Slide 5: Capabilities & Core Services
CAPABILITIES & CORE SERVICES Focused on a culture of continuous improvement and innovation to maximise asset value PROCESS & EVALUATION DELIVERY OPTIMISATION ENGINEERING Concept development, Design and engineering Project management, from Ensuring assets maintained preliminary analysis, delivering s
Slide 6: Global Scale
GLOBAL SCALE (30-Jun-26) Lycopodium has successfully >90 $11.4 expanded its operations over billion time, delivering a diverse resource capital value studies within studies portfolio of projects globally (>2x vs 31-Dec-25) (+19% vs 31-Dec-25) Lycopodium’s longevity and success is $4.9 underpinned by
Slide 7: FY26 Financial Highlights
FY26 Financial Highlights
Slide 8: Key Financial Highlights
FY26 RESULTS Key financial highlights (30-Jun-26) $377.5 $59.5 $52.5 Key Highlights million million million Strong Minimal Revenue EBITDA PBT balance sheet debt (+11% vs FY25) (-13% vs FY25) (-13% vs FY25) $40.2 10.6% 25.0% Equity up Strong million NPAT margin ROE 13% vs full year FY25 operating NPA
Slide 9: Diversified Portfolio
DIVERSIFIED PORTFOLIO Diversified end-market exposure across geographies, commodities and clients (FY26) Revenue by Geography1 Revenue by Client Type 7% 13% 11% 55% 58% 32% 24% Africa APAC Americas Other Emerging Major Globally Diversified Resource Studies by Commodity2 Resource Projects by Commodit
Slide 10: Highlights
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Slide 11: Operational Highlights
OPERATIONAL HIGHLIGHTS Current notable project and operational highlights Project Highlights Operational Update Refinement of regional approach to management across three operational hubs Recent awards and early phase work supports our One Lycopodium philosophy, enabling us to: • San Cristóbal • Ass
Slide 12: Americas Opportunity
AMERICAS OPPORTUNITY Disciplined geographic expansion providing key growth pillar Strategic expansion throughout the Americas provides Lycopodium with key growth pillar in the medium to long-term, via deliberate, phased approach: PHASE 1 PHASE 2 PHASE 3 Establish beachhead Expand geographically Conv
Slide 13: Resources – Major Project Status
RESOURCES – MAJOR PROJECT STATUS Current WIH includes 90+ studies, through to projects in delivery and completion¹ Engineering/early stages Onsite delivery – progressing Commissioning/completed Project Client Commodity Location San Cristóbal Minera San Cristóbal S.A. Silver Bolivia Havieron Greatlan
Slide 14: People and Systems
PEOPLE AND SYSTEMS Providing our people with the infrastructure and tools to succeed Systems Learning and Infrastructure Development Long-term strategy of developing systems Continuing to provide the learning and infrastructure required to facilitate global operations development support required to
Slide 15: Community Engagement
COMMUNITY ENGAGEMENT Supporting communities through Lycopodium Foundation Ongoing support of communities in which the Company lives and works, through the Lycopodium Foundation and the charitable spirit of our people Support aligned with Lycopodium’s intrinsic philosophies and values: Social Educati
Slide 16: Outlook & Guidance
Outlook & Guidance
Slide 17: FY27 Outlook
FY27 OUTLOOK Supported by macroeconomic and industry drivers As it relates to FY27, Lycopodium provides the following observations: Overall demand drivers for Lycopodium’s engineering and delivery solutions remain strong, supported by the Company’s bespoke and modular engineering capabilities and ex
Slide 18: FY27 Guidance
FY27 GUIDANCE Growing volume of work underpinning future earnings Considering the FY27 outlook, Lycopodium provides the following full year FY27 guidance: Revenue Net Profit After Tax (NPAT) Between Between $540m & $580m $54m & $58m¹ +50% vs FY26² +40% vs FY26² The Company will continue to update sh
Slide 19: Lycopodium Summary
LYCOPODIUM SUMMARY Secure, stable and sustainable Deep engineering expertise Disciplined risk management Strong history of execution Capital light approach Long-serving knowledgeable teams High-quality, balanced portfolio Sustainable financial and operational Managing local workforce on of high cali
Slide 20: Appendix
Appendix
Slide 21: Strategy Overview
STRATEGY OVERVIEW Lycopodium’s overarching strategic pillars People & Culture Working Smarter Client & Project Excellence Sustainably Grow the Core Continued focus on ensuring we Leverage tools, systems and data Enhance technical capability and Deliver sustainable growth via have the right people, w
Slide 22: Disciplined Risk Management
DISCIPLINED RISK MANAGEMENT Lycopodium’s robust risk approach is a core strength, enabling sustainable long-term value creation • Lycopodium’s risk management framework provides a whole of business approach, ensuring strategic decisions align with the Report Company’s risk appetite • Sets out proces
Slide 23: Innovative Thinking
INNOVATIVE THINKING Lycopodium’s culture of innovation & continuous improvement supports future growth Digital Artificial Innovative Engineering Intelligence Commercialisation Plant dynamic modelling, Exploring and integrating use of Extension of Lycopodium’s development of static digital AI-enabled
Slide 24: Historical Performance
HISTORICAL PERFORMANCE Lycopodium has achieved a history of sustainable financial performance FY27¹ Revenue ($m) EBITDA ($m) NPAT ($,%²) 377.5 FY27¹ 77.1 50.7 14.5% 348.9 339.6 327.6 70.5 68.7 46.8 14.3% 59.5 42.2 12.4% 40.2 11.7% 232.2 10.6% 45.4 27.2 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY
Slide 25: Project Phases: Project Capex Value
PROJECT PHASES Generating value across each phase of the project lifecycle Through early and extended project engagement from Lycopodium’s potential revenue generation at each phase (as % of project capex value) concept/feasibility to completion, Lycopodium enhances its market position – across phas
Slide 26: Value Chain
VALUE CHAIN Lycopodium’s core capabilities and broad expertise deliver returns across the project lifecycle PROCESS & EVALUATION DELIVERY OPTIMISATION ENGINEERING Concept development, Design and engineering Project management, from Ensuring assets maintained preliminary analysis delivering solutions
Slide 27: Clients
CLIENTS Established enduring client partnerships over the past three decades Resources Industrial Processes Infrastructure 27
Slide 28: Board & Management
BOARD & MANAGEMENT Long-term, stable board and management Rodney (Rod) Leonard Peter De Leo Bruno Ruggiero Karl Cicanese Chairman Managing Director & CEO Executive Director Executive Director Louise Bower Michael (Mick) Caratti Robert Radici Justine Campbell Non-Executive Director Non-Executive Dire
Slide 29: Contact Us
Contact Us Peter De Leo Managing Director & CEO, Lycopodium Limited +61 8 6210 5222 Disclaimer Information in this presentation, including forecast financial information and forward-looking statements, should not be considered as a recommendation in relation to holding, purchasing or selling shares