Slide 1: 1H26 Results Presentation
For personal use only 1H26 Results Presentation | February 2026 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: 1H26 Results Schedule: Agenda and Presenters
Investor Presentation 1H26 Results Schedule Agenda Presenters For personal use only 4. Business Overview 9. Financial Statements 14. Outlook Kesh Marc Nair Lichtenstein 16. Investor enquiries Executive Director Group Chief & CEO Australia Financial Officer and South Africa Kesh is the Executive Marc
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 and Recycling 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, & p
Slide 6: 1H26 Snapshot
1H26 Snapshot Strategic realignment underway Key Points For personal use only • Revenue was higher in 1H26, ($92.3m +2%) despite a product mix shift in Resource Recovery and continued growth in the Packaging division • The Group incurred a loss after tax of $26.9M, including a write down of $23.2M i
Slide 7: Segment Overview: Resource Recovery
Segment Overview Resource Recovery Key Points For personal use only • Resource Recovery increased processing volumes in 1H26, introducing new collection programs complementing the traditional imaging/consumables business • In North America, the Mexicali facility continues to ramp effectively, with i
Slide 8: Segment Overview: Packaging
Segment Overview Packaging Key Points For personal use only • Packaging achieved organic revenue growth of ~18% compared to pcp, a strong performance. NPAT performance also improved as the division achieved operating leverage due to a fixed cost base • Sales growth was attributable to the South Afri
Slide 9: Financial Statements
For personal use only Financial Statements Turnaround Underway collecting today. creating tomorrow. | 9
Slide 10: 1H26 Performance
1H26 Performance Financial highlights mix in ITAD For personal use only 1H26 1H26 1H26 Revenue Gross Profit Gross Margin $92.3m $32.2m 34.9% +2% on pcp +10% on pcp Vs 32.4% in pcp 1H26 1H26 1H26 EBITDA EBITDA Margin NPBT $9.3m 10.1% ($28.6m) (23%) on pcp Vs 13.4% in pcp Vs ($1.3M) in pcp collecting
Slide 11: Income Statement
Income Statement EBITDA lower due to higher opex Key Points A$m 1H26 1H25 $ Change For personal use only Revenue 92.3 90.7 1.6 • Revenue increased due to the higher performance (-) Cost of Goods Sold (60.1) (61.3) 1.2 from the Packaging division, which was offset by a Gross Profit 32.2 29.4 2.8 decl
Slide 12: Balance Sheet
Balance Sheet Write-down reduces intangible assets Key Points A$m Dec 25 Jun 25 $ Change For personal use only Cash 24.2 32.3 (8.1) • Intangibles decreased in 1H26, reflecting the impairment of Receivables 29.3 28.8 0.5 Inventory 23.6 24.1 (0.5) assets associated with Close the Loop Renewed Solution
Slide 13: Cashflow Statement
Cashflow Statement One-off costs impact cashflow Key Points For personal use only • Operating cashflow lower due to overall financial A$m 1H26 1H25 $ Change performance and costs incurred to divest non (+) Cash Receipts 92.0 107.9 (15.9) continuing assets (-) Cash Paid to Suppliers (93.4) (102.7) 9.
Slide 14: Outlook
For personal use only Outlook Focusing on key priorities collecting today. creating tomorrow. | 14
Slide 15: Outlook Statement
Outlook Statement 2H26 key business focus For personal use only EXPANDING OEM STRATEGIC TARGETING MANAGEMENT BUILDING REVERSE RELATIONSHIPS REVIEW GROWTH EXPERTISE SUPPLY CHAIN GLOBALLY UNDERWAY INITIATIVES LOGISTICS The company continues to The company has identified Targeting growth initiatives Re
Slide 16: 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. | 16