Slide 1: FY23 Financial Results
ro: FY23 Financial Results ik & MADER GROUP LIMITED | 22 AUGUST 2023 MADER
Slide 2: Who We Are
Who We Are Mader is a leading global provider of specialist technical services across multiple industries. We are dedicated to helping customers enhance their operations through optimal asset performance. Global workforce 2,900+ Skilled employees Support vehicles 1,100+ Throughout the world Supporte
Slide 3: What We Do
FOr personal use O ae What We Do We deliver ‘tap on, tap off’ specialist services designed to help our customers make light work of heavy equipment maintenance. Globally 0 9 Diversified 26a0 OO oS Track record of replicating the business model in new addressable markets 100% organic growth Heavy Mob
Slide 4: Award Recognition
AWARD RECOGNITION For personal use only TRIFR LTIFR
Slide 5: Executive Overview
Fxecutive Overview JUSTIN NUICH EXECUTIVE DIRECTOR & CEO
Slide 6: FY23 Highlights
FY23 Highlights * See Appendix for a reconciliation of reported and underlying results for the prior corresponding period (PCP) D> Revenue by Region ($m’s) 5 Total Revenue EBITDA NPAT {cb) i?) =) © $468.5m 5 Net Debt Dividends EPS 1%) © = clean bua ro} w Australia North America Rest of World ee GROW
Slide 7: Growth in FY23 by region
▪ Q1 FY2021 revenue in Australia was up 5% vs PCP ▪ Labour mobility expected to improve as state border restrictions ease ▪ Targeting a return to pre-COVID-19 margin levels in 2H2021 For personal use only ▪ High levels of customer demand with estimated missed opportunities Growth in FY23 ▪ Growth Co
Slide 8: For personal use only
For personal use only
Slide 9: Financial Performance
Financial Performance #8000 Fy22 FY23 HIGHLIGHTS Revenue 402084 608793 a Oo Gipss Profit 78,585 {TSS IS Group Revenue Growth Strong Revenue Growth ss Margin 19.5% 22.3% (Consolidated) A (North America) zi 51%.. “ 164% E “Adjusted EBITDA" 47,964 75,094 Ovspce Ovsece Adjusted EBITDA Margin 11.9% 12.3%
Slide 10: Financial Position
Financial Position #8000 Jun 22 Jun 23 &n & cash equivalents 6,648 13,010 Tage & other receivables 87614 122,819 Eidperty, plant & equipment 67944 400,63 davestments & other assets 12,877 16,705 LU Total Assets 175,083 252,697 oO fue & other payables 41,255 49,968 liabilities 3,387 13,367 Rrovisions
Slide 11: Cash Flow
Cash Flow 2 Cc (o) Tr Growth capital expenditure for the year was HIGHLIGHTS ! | $47.5m. The increase in growth capital was (ab) H (31) I attributed to expanding Mader's global service Solid Operating Cash Flows (Tp) ! | vehicle fleet to support the continued growth of > I ! the business. 1 1 _ I 65
Slide 12: Building to the first billion
Building to the first billion MADER GROUP LIMITED
Slide 13: The Building Blocks
The Building Blocks Resources & Minerals Infrastructure 500+ f -_- Maintenance Employees headed on a 2.2B RO M Processing Infrastructure ee overseas adventures through Sites engaged in FY23: 300+ Crushers, screens, conveyors, stackers the Global Pathways program fs, in FY23 ~) Total mines & projects
Slide 14: The Building Blocks: Energy Market, Transport & Logistics
The Building Blocks Energy Market is essential to the production and transportation of natural gas. The mechanical process is required at several stages, particularly in the upstream and midstream sectors 12 oh Production at the wellhead Storage & distribution ail obe Gas processing facilities Trans
Slide 15: Getting Started: Significant Revenue Streams
a mace —S- Jt Getting Started Significant Revenue Streams Lhe compounding effect of replicating Gur business model in multiple significant addressable markets in parallel or personal use nue of $1B- ntinued replication of proven busi able markets.
Slide 16: Outlook
Outlook JUSTIN NUICH | EXECUTIVE DIRECTOR & CEO
Slide 17: Multiple Beachheads to Target Growth
Multiple Beachheads to Target Growth nal use only $132.4m Spar AMERICA Customers @50+ Employees LL Revenue and customer data relates to Mader Group operations carried out in FY23. REST OF WORLD 7 Customers 20+ Employees $467.5m “OP AUSTRALIA 220+ Customers 2,400+ Employees oe
Slide 18: High Growth Agenda
High Growth Agenda Current market conditions have provided Mader with the confidence to forecast FY24 revenue of at least S770m delivering NPAT of at least SSOm oO b Ry . Cl 2 Foundation Saw Bigeied 10 Year CAGR = growth in a s770m $60 laid for growth , c ear S Strong, flexible business North Americ
Slide 19: Investment Case Share Price FY23
Investment Case Share Price FY23 Market Cap Shares Share Price $135B 200m $6.74 At market close i * At market close 21 August 2023 2 21 August 2023
Slide 20: For personal use only
use only nal Ba! _ MADER GROUP LIMIT!
Slide 21: Board of Directors
Board of Directors Luke Mader Founder & Executive Chair Founder of Mader, Luke is trade qualified with over 25 years’ experience in the mining services industry, Luke leads Mader's strategic growth and development and has built Mader into a leading global provider of specialist technical services ac
Slide 22: Our Services
13) 1°) 1°) 1°] 1°) 1°) io] 1°] eooonoonnn Our Services Our selection of specialist services are designed to help customers make light work of heavy equipment maintenance CORE MECHANICAL SERVICES Mobile Plant Maintenance Rapid Response Teams Excavator Support Teams Drill Support Teams Equipment Shut
Slide 23: Planning for the Future
% Planning for the ture Our Trade Upgrade Program aims to bridge the skills gap. Through this itive, we work closely with our industry partners >> to feed quality tradespeople into mining across Western Australia and Queensland. e@ocece 204 We are proud to have inducted apprentices into our ACTIVE T
Slide 24: Tools for Life
Tools for Life aims to equip individuals and communities with the tools they need to build a better future and succeed in life. With a focus on , we are proud to be encouraging the future generation to identify available pathways and build sustainable careers within the industry. Got involved in the
Slide 25: Appendix One
For personal use only Appendix One During the previous financial year, the Group disposed of its investment in Western Plant Hire Limited. The reported results have been adjusted for this one-off occurrence as follows. ASm's NPAT EBIT EBITDA Reported Results 279 41.8 50.9 Less Sale of Associate 19)
Slide 26: Glossary
For personal use only TRIFR LTIFR HV Electrician LV Mechanic HRT Mechanic FY24 FY23 FY22 PCP EBITDA EBIT NPAT Net Leverage Glossary Total recordable injury frequency rate per one million hours worked Lost time injury frequency rate per one million hours worked High Voltage Electrician Light Vehicle
Slide 27: Disclaimer
For personal use only Disclaimer This presentation has been prepared by Mader Group Limited (ACN 159 340 397) "Mader’, "Mader Group’ and the “Company’) and approved by the Board. The information contained in this presentation is for information purposes only. The information contained in this presen