Slide 1: Investor Presentation
Investor Presentation 23 October 2025
Slide 2: Disclaimer
Disclaimer This document has been prepared by LGI Limited ACN 138 085 551 (LGI or the Company) to provide summary information about the Company and its associated “estimate”, “goals”, “aims”, “target” and other similar expressions within the meaning of securities laws of applicable jurisdictions. In
Slide 3: Contents
Contents 1 Executive Summary and Company Overview 2 Growth Opportunity 3 Capital Raise 4 Appendix 3
Slide 4: Executive Summary and Company Overview
Executive Summary and Company Overview
Slide 5: Executive Summary
Executive Summary • LGI Limited (LGI) is a market leader in the recovery of biogas from landfill, and the subsequent conversion into renewable electricity and saleable environmental products – an industry leader in carbon abatement and renewable energy generation with a demonstrable track record of
Slide 6: Who is LGI?
Who is LGI? One of Australia’s leading vertically BIOGAS integrated landfill gas companies FLARE BIOGAS POWER GENERATION RECOVERY AND FCAS³ BIOGAS Founded in 2009 (as Landfill Gas Industries Pty Ltd), POWER NATIONAL LGI is an established domestic leader in the recovery STATION ELECTRICITY BATTERY MA
Slide 7: Compelling Value Proposition
Compelling Value Proposition LGI strives to deliver value with its vertically integrated business model in a number of key areas at the intersection of the waste, electricity and carbon sectors END-TO-END SOLUTION DIVERSIFIED REVENUE VERTICALLY INTEGRATED INNOVATION AND STREAMS TECHNICAL INGENUITY H
Slide 8: LGI Electricity Market Strategy
LGI Electricity Market Strategy LGI strategy is supported by underlying volatility present within the energy market Australia Energy Market Operator (AEMO) Spot Price Volatility Overview QLD Spot Price ($/MWh) 300 LGI’s strategy is to expand its fleet of flexible 250 electricity generation assets an
Slide 9: Track Record of Growth and Performance
Track Record of Growth and Performance Demonstrable track record of delivering growth Operating Momentum and Tailwinds Network Capacity and Financial Performance Biogas Flows (million cubic metres) # of Contracted Sites 10% CAGR 7% CAGR 113.0 115.4 127.7 32 34 100.4 26 26 28 87.2 FY21 FY22 FY23 FY24
Slide 10: Growth Opportunity
Growth Opportunity LG/ CLEAN ENERGY & CARBON ABATEMENT
Slide 11: Opportunity to Accelerate Growth and Enhance Network Capacity
Opportunity to Accelerate Growth and Enhance Network Capacity LGI has the opportunity to accelerate growth in its near-term MW capacity and build medium-term capacity through other identified projects MW Bridge – Medium-Term Pipeline High Conviction Projects in Development1 High Conviction Projects
Slide 12: Recap on High Conviction Projects in Execution
Recap on High Conviction Projects in Execution High Conviction Projects in Execution establish near-term growth path to 56 MW operating capacity. The capital raise provides the opportunity to accelerate delivery and bring forward return realisation Mugga Lane Belrose Nowra • Phase 1 expansion was co
Slide 13: Expanded Deployment Pipeline
Expanded Deployment Pipeline LGI has an identified pipeline of new High Conviction Projects in Development, targeting indicative commissioning in the next three years Opportunity Background Project Summary and Contract Status Indicative Capacity Uplift 1 Multiple identified projects for • Extension
Slide 14: LGI has Momentum Against Strategic Priorities
LGI has Momentum Against Strategic Priorities Growth and continued operational excellence LGI’s FY26 Priorities – Leveraging the Momentum from FY25 Continued focus Deliver key near-term Explore the expansion of Work on contracted landfill Actively pursue new on Health, Safety, High Conviction Projec
Slide 15: Capital Raise
CLEAN ENERGY & CARBON ABATEMENT
Slide 16: Capital Raise Summary
Capital Raise Summary • Fully underwritten institutional Placement of new fully paid ordinary shares to raise approximately $51.2 million Offer Structure and Size • Approximately 13.3 million shares to be issued under the Placement representing approximately 15% of issued share capital under LGI’s e
Slide 17: Sources and Uses
Sources and Uses Institutional Placement to fund the accelerated development of High Conviction Projects in Execution and provide balance sheet capacity to pursue High Conviction Projects in Development Sources and Uses of Funding Pro forma 30 June 2025 Liquidity and Balance Sheet Position Sources $
Slide 18: Pro Forma Summary Balance Sheet
Pro Forma Summary Balance Sheet Pro forma summary balance sheet prior to deployment of capital in connection with accelerating High Conviction Projects in Execution Impact of the 30 June 2025 Balance Sheet (#039;000) 30 June 2025 Pro Forma Overview Placement Pro Forma Assets Cash 3,357 20,300 23,657 Tr
Slide 19: Placement and SPP Timetable
Placement and SPP Timetable Milestone Date (AEDT) SPP record date 7:00pm, Wednesday, 22 October 2025 Announcement of the completion of the placement Thursday, 23 October 2025 Trading halt lifted – trading resumes on the ASX Thursday, 23 October 2025 Settlement of new shares issued under the Placemen
Slide 20: Appendix
LG/ CLEAN ENERGY & CARBON ABATEMENT
Slide 21: Key Risks
Key Risks Risk Type Risk Description and Implications Mitigation Approach Understanding waste practices from landfill owners and operators with frequent communication and Material change in the volume and composition of waste being Biogas supply regular monitoring of biogas flow. Installation of new
Slide 22: Key Risks (Cont'd)
Key Risks (Cont’d) Risk Type Risk Description and Implications Mitigation Approach Operations affected by cyber attacks or other technological LGI, with the assistance from external cyber security experts, is implementing cyber security systems Cyber risk innovations. Loss of data, revenue and the a
Slide 23: Foreign Offer Restrictions
Foreign Offer Restrictions This presentation is for information purposes only and is not an invitation or offer of securities for subscription, purchase or sale in any jurisdiction where it would be illegal to do so. The distribution of this presentation (including electronically) outside Australia
Slide 24: Disclaimer
Disclaimer The information in this presentation does not constitute personal investment advice. The presentation is not intended to be comprehensive or provide all information required by investors to make an informed decision on any investment in LGI Limited. In preparing this presentation, the Com