Slide 1: FY25 Results Presentation
For personal use only collecting today. creating tomorrow. FY25 Results Presentation | August 2025 collecting today. creating tomorrow. | 1
Slide 2: Disclaimer
Disclaimer The following disclaimer applies to this presentation. You should read this may have on Close the Loop. This presentation has been prepared without taking disclaimer carefully before reading or making any other use of this presentation or account of any person’s investment objectives, fin
Slide 3: FY25 Results Schedule: Agenda and Presenters
Investor Presentation FY25 Results Schedule Agenda Presenters For personal use only 4. Business Overview 8. Strategic Initiatives 12. Financial Statements Kesh Marc Matthew Nair Lichtenstein Zimmer 16. Outlook Executive Group Chief CEO Director Financial Officer United States & CEO Australia 18. Inv
Slide 4: Business Overview
For personal use only Business Overview Stabilising and Reset for Growth collecting today. creating tomorrow. | 4
Slide 5: Divisional Summary
Business Overview Divisional Summary 01 02 Resource Recovery (ITAD) Packaging For personal use only • Information Technology Asset Disposition (ITAD) includes the • Made to order reusable (environmentally friendly) refurbishment of laptops, printers, computing, gaming packaging flexibles, & pouches.
Slide 6: Financial highlights mix in ITAD
FY25 Performance Financial highlights mix in ITAD For personal use only FY25 FY25 FY25 Revenue Gross Profit Gross Margin $195.1m $58.3m 29.9% -6.7% on pcp -26.1% on pcp Vs 37.8% in pcp FY25 Adjusted FY25 Adjusted FY25 EBITDA EBITDA Margin NPBT $18.4m 9.4% ($20.1m) -59.0% on pcp Vs 21.5% in pcp Vs $1
Slide 7: Realigning business, product mix in ITAD
FY25 Snapshot Realigning business, product mix in ITAD Key Points For personal use only • Overall, the group experienced resilient demand in FY25, however earnings were materially impacted by an unfavourable shift in product mix resulting in lower FY25 EBITDA vs pcp • New ITAD programs from an exist
Slide 8: Strategic Initiatives
For personal use only Strategic Initiatives Key Objectives collecting today. creating tomorrow. | 8
Slide 9: Strategy
Strategy OUR To be a leading recycling solutions and packaging business leading the way in the VISION circular economy For personal use only CUSTOMER We want to be considered the best in class with an incredible product suite PROMISE supported by outstanding customer service OUR MID- TERM STRATEGIC
Slide 10: Accelerating growth with focus
Strategy Accelerating growth with focus 01 02 For personal use only Improving cash conversion Packaging performance to reduce debt and expand to improve by building operations brand equity • Improve cash conversion by the • Source and sell high-quality products negotiation of faster payment terms, t
Slide 11: Accelerating growth with focus
Strategy Accelerating growth with focus 03 04 05 For personal use only Increasing ITAD volumes to OEM client expansion Improve cost efficiencies enhance value by focusing on key by leveraging Mexicali by leveraging platform clientele to increase volume capacity partnerships volume • Expand globally
Slide 12: Financial Statements
For personal use only Financial Statements Reset for FY26 collecting today. creating tomorrow. | 12
Slide 13: Balance Sheet: Enhancing financial stability
Balance Sheet Enhancing financial stability A$m FY25 FY24 $ Change % Change Key Points For personal use only Cash 32.3 40.6 (8.3) (20.4) Receivables 28.8 36.1 (7.3) (20.2) • All bank debt has been classified as current due to a change Inventory 24.1 20.0 4.1 20.5 in accounting standards Other 5.3 3.
Slide 14: Income Statement: EBITDA impacted by one-off costs
Income Statement EBITDA impacted by one-off costs A$m FY25 FY24 $ Change % Change Key Points For personal use only Revenue 195.1 209.0 (13.9) (6.7) • Reported revenue declined primarily due to lower recycling (-) Cost of Goods Sold (136.8) (130.1) (6.7) (5.1) contribution (ITAD) and the closure of t
Slide 15: Cashflow Statement: Capex focused on Mexicali initiation
Cashflow Statement Capex focused on Mexicali initiation Key Points A$m FY25 FY24 $ Change % Change For personal use only (+) Cash Receipts 204.1 205.2 (1.1) (0.5) • Operating cashflow lower due to overall financial performance (-) Cash Paid to Suppliers (192.3) (173.3) (19.0) 11.0 • Quick Cash Conve
Slide 16: Outlook
For personal use only Outlook Focusing on key priorities collecting today. creating tomorrow. | 16
Slide 17: Outlook Statement: FY26 organic growth focus
Outlook Statement FY26 organic growth focus For personal use only EXPANDING OEM MEXICALI PLANT TARGETING MANAGEMENT BUILDING REVERSE RELATIONSHIPS VOLUME INCREASE GROWTH EXPERTISE SUPPLY CHAIN GLOBALLY INITIATIVES LOGISTICS The company continues to The Mexicali plant was Targeting growth initiatives
Slide 18: Investor enquiries
For personal use only collecting today. creating tomorrow. Investor enquiries: Daniel Ireland, DataIR 0428 607 884 investors@closetheloop.com.au collecting today. creating tomorrow. | 18