Mader Group Ltd · ASX:MAD
Mader — Shareholder Meeting (November 2023)
23 slides from Mader's shareholder meeting presentation, Nov 23, 2023
Slide 1: Annual General Meeting
ro: Annual General Meeting i & MADER GROUP LIMITED | 23 NOVEMBER 2023 MADER
Slide 2: For personal use only
For personal use only
Slide 3: 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 Support vehicles 1,100+ Throughout the world Supported Wide network Operated i
Slide 4: Award Recognition
AWARD RECOGNITION For personal use only TRIFR LTIFR
Slide 5: FY23 Highlights
FY23 Highlights * See Appendix 1 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) WY) =) © $468.5m 5 Net Debt Dividends EPS ¢3420m Y) D = eosin S06 ro} = Australia North America Rest of Wor
Slide 6: Operational Review
Operational Review MADER GROUP LIMITED
Slide 7: Growth in FY23
▪ 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: Looking Ahead
Looking Ahead MADER GROUP LIMITED
Slide 9: Multiple Beachheads to Target Growth
Multiple Beachheads to Target Growth REST OF WORLD 7 Customers 20+ Employees al use only Cc $132.4m RTH AMERICA Customers roll Employees LL $467.5m ve AUSTRALIA 220+ Customers Revenue and customer data relates to Mader Group operations carried out in FY23. 2,400+ Employees 9)
Slide 10: The Building Blocks
The Building Blocks Resources & Minerals Infrastructure 500+ f “se Maintenance Employees headed on a 2.2B RO M Processing Infrastructure ee overseas adventures through Sites engaged in FY23: 300+ Crushers, screens, conveyors, eee [Peeinie YS eee ~) Total mines & projects: 538 stackers in ° a 40+ “Ss
Slide 11: The Building Blocks
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 Zs oh Production at the wellhead Storage & distribution will obe Gas processing facilities Tran
Slide 12: Just Getting Started
Q Just Getting Started Significant Revenue Streams =LHe compounding effect of replicating our business model id multiple significant addressable markets in parallel. Or personal use c on the continued rep! en busin model in large addressable mar
Slide 13: 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 UO o Ry - Ll 3 10 Year CAGR Foundation "aii et © s770m $60 laid for growth hteteaeni) S $700 S Strong, flexible business North America Oz S
Slide 14: Investment Case Share Price
Investment Case Share Price FY23 Market Cap Shares Share Price S129B 200m $6.47 At market close i * At market close 22 November 2023 SuPste 22 November 2023
Slide 15: Appendices
Appendices MADER GROUP LIMITED
Slide 16: Financial Performance
Financial Performance -28'000 FY22 FY23 HIGHLIGHTS Revenue 402,084 608793 Gross Profit 78,585 HES E5) Group Revenue Growth Strong Revenue Growth Efpss Margin 19.5% 22.3% (Consolidated) A (North America) 5 31% all 164% E “Adjusted EBITDAY 47964 75,094 Ovspce Ovsece Qdjusted EBITDA Margin 1.9% 12.3% O
Slide 17: Financial Position
Financial Position £8000 Jun 22 Jun 23 = HIGHLIGHTS Gash & cash equivalents 6,648 13,010 Wwe & other receivables 87614 IEE) Simple Balance Sheet Strong Balance Sheet bgperty, plant & equipment 67,944 100,163 1 1 O O Ds S11 9 6 1“, stments & other assets 12,877 16,705 1 + me ) . | | ) & Total Assets
Slide 18: Cash Flow
Cash Flow 2 Cc fo) i Growth capital expenditure for the year was HIGHLIGHTS l $47.5m. The increase in growth capital was (ab) | attributed to expanding Mader's global service Solid Operating Cash Flows (Tp) | vehicle fleet to support the continued growth of 5 I the business. S 1 1 ‘an I 4 — ! . © I
Slide 19: 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 9 oe Diversified Gite Track record of replicating the business model in new addressable markets 100% organic Organic abe Focus Hea
Slide 20: 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 l
Slide 21: 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 279 418 50.9 Less Sale of Associate 19) 2
Slide 22: 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 23: 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 present