Slide 1: 2021 Annual General Meeting
T +61 (0)3 9274 3000 Ground Floor Synertec Corporation Ltd info@synertec.com.au 2-6 Railway Parade, Camberwell ABN 37 161 803 032 www.synertec.com.au Victoria, 3124, AUSTRALIA www.synertec.com.au ASX Announcement 16 December 2021 Synertec Corporation Limited (ASX:SOP) 2021 Annual General Meeting Cha
Slide 2: 2021 Annual General Meeting – Chair's Address
16 December 2021 Synertec Corporation Limited (ASX:SOP) 2021 Annual General Meeting – Chair’s Address In presenting our year in review, we must first acknowledge the COVID-19 pandemic and its impacts on the communities in which we operate and our stakeholders including our people, customers, supplie
Slide 3: Funding
Funding To secure these technology-led growth opportunities and maintain our strong capital structure, the Company successfully completed a fully subscribed share placement in July 2020, raising $1.3 million at 2.3 cents per share, and another more substantial share placement in August 2021, raising
Slide 4: 2021 Annual General Meeting – Managing Director's Address
16 December 2021 Synertec Corporation Limited (ASX:SOP) 2021 Annual General Meeting – Managing Director’s Address Introduction Good morning, my name is Michael Carroll and I am the Managing Director of Synertec Corporation Limited. I would like to extend Dennis’ welcome to the Company’s 2021 Annual
Slide 5: Financial Performance
We are proud that in FY21 we provided a stable work environment for our people and our customers, choosing not to make a single employee redundant or force people to take leave during lockdown periods and enabling all of our projects to continue smoothly despite the many logistical challenges of the
Slide 6: Technology projects: Powerhouse and CTS
The Powerhouse Project will help displace unreliable diesel generation and/or distant grid connections with 100% renewable and reliable base load power. Our initial prototype work with Santos is focussed on reliably powering the de-watering of coal seam gas wells, however we see broader remote power
Slide 7: Strategy
Strategy We made substantial progress on our strategic agenda during FY21, and the Group is now well-positioned to leverage its unique capabilities in high-tech engineering to generate scalable solutions to decarbonise industry. With that as our guiding principle, we are continuing to invest ambitio
Slide 8: 2021 AGM - Managing Director's Presentation
Synertec Corporation Limited (ASX: SOP) 2021 Annual General Meeting - Managing Director’s Presentation 16 December 2021
Slide 9: Disclaimer
Disclaimer This presentation has been prepared by Synertec Corporation Limited (the Company) on behalf of the Company Forward looking statements, forecasts and estimates, by their very nature, involve known and unknown risks and and its subsidiaries (the Group). are subject to uncertainty and contin
Slide 10: Our Mission
Our Mission In the Pursuit of Transition Technologies for a Low Carbon Future Synertec Corporation Limited (ASX:SOP) | December 2021 3
Slide 11: About Synertec
About Synertec Synertec is a diversified technology growth company: our Engineering business generates cashflow, our Technology business has significant growth potential Technology Engineering With a strong R&D track Our niche multi-disciplinary record, we design, develop engineering expertise and d
Slide 12: Tier-1 Customer Base
Tier-1 Customer Base Consistent strong cash position, increasing margins and >80% repeat business all underline the value we deliver to our customers Energy Infrastructure Water Advanced Manufacturing Rail All of our major customers track their progress against well defined ESG metrics Synertec Corp
Slide 13: Synertec at a Glance
Synertec at a Glance Powerhouse Custody Transfer System (CTS) Composite Dry Powder (CDP) Engineering Overview AI controlled predictive solar array and Measurement and metering system for the Technology to convert hydrocarbon Niche multi-disciplinary battery system providing 100% renewable safe and a
Slide 14: Strong ESG Credentials
Strong ESG Credentials The global focus on carbon emissions reductions presents an historic investment opportunity in Synertec’s Technology and Engineering solutions Environment Social Governance • Developing technologies to • Working with industry to reduce • Transparency and accountability support
Slide 15: Financial Highlights
Financial Highlights FY21 Revenue Split by Industry Engineering Consultancy Services Revenue ($M) $5 1H 2H $4 25% 25% Energy $3 Water $2 Critical Infrastructure $1 Advanced Manufacturing & other 23% 27% $0 FY18 FY19 FY20 FY21 Revenue ($M) and Gross Margin FY21 Revenue by Half Year ($M) 1H 2H Gross M
Slide 16: Financials
Financials FY21 FY20 FY21 FY20 FY21 FY20 Balance Sheet ($M) ($M) Cash Flow Statement ($M) ($M) Profit and Loss ($M) ($M) Total Assets 8.23 6.95 Cash flows from operating activities (0.36) (2.51) Revenue 8.39 11.12 Current Liabilities 3.99 2.90 Cash flows from investing activities (1.27) 1.46 EBITDA
Slide 17: Powerhouse Project
Powerhouse Project AI controlled Displaces diesel MOU signed with Broader remote 100% renewable predictive solar generation or Santos in July power base load power array and battery distant grid 2021 applications system connection Powerhouse offers significant benefits over existing CSG ARTIST IMPRE
Slide 18: Custody Transfer System (CTS)
Custody Transfer System (CTS) High precision Eliminates fugitive Leverage to Developing measurement Synertec installed emissions - growing demand marine-based system for the land-based competitive for LNG as a solution with fiscal transfer of systems in place advantage marine fuel GasLog LNG Current
Slide 19: Custody Transfer System (CTS) (continued)
Custody Transfer System (CTS) (continued) High precision Eliminates fugitive Leverage to Developing measurement Synertec installed emissions - growing demand marine-based system for the land-based competitive for LNG as a solution with fiscal transfer of systems in place advantage marine fuel GasLog
Slide 20: Composite Dry Powder (CDP)
Composite Dry Powder (CDP) Potential to Enhances Wider applications Treatment of convert mud into operational safety Synertec has in mining tailings hydrocarbon non-polluting high- and lowers licence from and sewage drilling mud strength building transportation GreenTech sludge materials risks Absor
Slide 21: Synertec's Competitive Advantage
Synertec’s Competitive Advantage 4. Partnerships and Reputation 1. Strategically Bid Commercialisation ‘Equity’ Projects Strong customer relationships and our We deliver reliable and exceptional reputation enable us to develop value to our customers by identifying technology and form partnerships to
Slide 22: Corporate snapshot
Corporate snapshot Synertec Corporation Ltd Key Shareholders ASX Code ASX:SOP 13.8% Kensington Trust Singapore Shares on issue 357,360,560 Northwest Nonferrous Australia Mining 11.0% Share Price (as at 6 Dec 21) 7.6c Mrs Kerry Abdallah 58.9% 10.7% Market Cap (as at 6 Dec 21) $28.6M Perennial Value M
Slide 23: Investment Highlights
Investment Highlights Emerging Technology Established revenue Fully funded through business with strong generating Engineering current growth projects growth prospects business • $8M cash following Aug • Powerhouse Project • $4M in recent contracts 2021 capital raising • CTS • Approaching $60M since
Slide 24: Michael Carroll David Harris
Michael Carroll David Harris Managing Director & CEO Executive Director | CFO | Company Secretary M: +61 419 351 676 M: +61 434 408 668 E: michael.carroll@synertec.com.au E: david.harris@synertec.com.au Head Office - Ground Floor, 2-6 Railway Parade, Camberwell, VIC, 3124 Tel: +61 3 9274 3000 Perth