Slide 1: Investor Presentation – Full Year Results FY2023
Investor Presentation FULL YEAR RESULTS FY2023 22 August 2023
Slide 2: About Lycopodium
About Lycopodium Lycopodium is an innovative and value-driven process, engineering and project delivery organisation. Working across the Resources, Infrastructure and Industrial Processes sectors, the Company is headquartered in Perth, Western Australia and is listed on the Australian Stock Exchange
Slide 3: Corporate Overview
Corporate Overview Share Price Shares on Issue (as at 21.8.23) Michael (Mick) Caratti Chairman Peter De Leo Managing Director Bruno Ruggiero Executive Director $9.72 39.7m Total Dividend Earnings per Share per Share 117.7 cents 81 cents Karl Cicanese Louise Bower Steven Chadwick Executive Director N
Slide 4: Core Capabilities
Core Capabilities © PROCESS + Metallurgy Chemical + Process development + Pilot programmes + Process modelling + Mass and energy balances: + HAZID / HAZOP + Dynamic simulation & + Digital delivery + Gil Structural Mechanical Electrical Instrumentation Process control Rey, PROJECT DELIVERY management
Slide 5: Global Reach
Global Reach Toronto CA Accra Manila GH PH Brisbane Cape Town AUS SA Perth AUS Newcastle Melbourne AUS AUS 5
Slide 6: FY2023 Snapshot
FY2023 Snapshot Long-serving teams of 1,100+ staff globally high calibre people Highest ever … Value of capital projects currently 35+ Resource Projects 40+ Resource Studies - Revenue and profit in delivery ~A$4 billion in delivery in delivery - Return to shareholders Investment in Investment in Geo
Slide 7: Financial Highlights FY2023
Financial Highlights FY2023
Slide 8: FY2023 Financial Highlights
FY2023 Financial Highlights Revenue Cash at Bank $327.6m $82.4m EBITDA Return on Equity $70.5m 44% NPAT P/E Ratio Motheo Copper Project, Botswana (based on 30 June financial result) $46.8m 9.0 8
Slide 9: FY2023 Revenue by Sector
FY2023 Revenue by Sector FY2023 FY2022 FY2023 5% 4% Sector A$’000 A$’000 Resources 299.2 208.2 91% Infrastructure 16.4 12.3 Industrial Processes 12.0 11.7 FY2022 5% 5% 327.6 232.2 90% 9
Slide 10: FY2023 Revenue by Geography
FY2023 Revenue by Geography FY2023 FY2022 FY2023 2% 7% Location* A$’000 A$’000 37% Australia 123.0 65.9 54% Africa 177.7 155.2 Americas 5.4 7.0 FY2022 2% Other 21.5 4.1 3% 28% 327.6 232.2 67% * By project location 10
Slide 11: FY2023 Balance Sheet
FY2023 Balance Sheet FY2023 FY2022 Net Tangible Asset per Share $2.68 A$’000 A$’000 Current Assets 177.1 173.9 Total Assets 215.9 218.9 Total Liabilities 102.9 119.2 Strong Balance Sheet, Strong, stable business minimal debt Equity 113.0 99.7 11
Slide 12: Operational Highlights FY2023
Operational Highlights FY2023
Slide 13: Operational Highlights
Operational Highlights • Numerous project site mobilisations – Ahafo North (Ghana), Lafigué (Côte d’Ivoire), Séguéla Gold Project, Côte d’Ivoire Sabodala-Massawa BIOX® (Senegal), Kathleen Valley (Western Australia), Goulamina (Mali) • Works continuing to schedule on a number of ongoing projects – Ta
Slide 14: Operational Highlights (continued)
Operational Highlights (continued) • As a global leader in comminution circuit design and optimisation, Orway Mineral Consultants (OMC) continues to be a critical technical partner to our Resources business and is also an integral element of our digital engineering strategy • Pipeline of studies rem
Slide 15: People First
People First Directly employing more than 1,100 people With contractors included, we manage some 2,500 people working on projects across the globe FY2023 Target Manhours controlled Preventative measures – increased focus on lead indicators Hours 8.2 million1 LTIFR 0.02 0.0 TRIFR 1.6 ≤2.8 EIFR 0.0 ≤1
Slide 16: Business Improvement
Business Improvement We continue to invest in initiatives focused on providing the support and tools required to enable our people to perform at their best, introducing in FY2023: • Our global HR Information System (HRIS), providing a standardised platform across all operating entities to facilitate
Slide 17: Innovative Thinking
Innovative Thinking Digital Engineering Future Battery Industries Cooperative Research Centre Plant dynamic modelling, development of static Key participant in the FBICRC, supporting the development of capability to digital twins, and integration of both the dynamic capture the significant opportuni
Slide 18: Innovative Thinking (continued)
Innovative Thinking (continued) Renewable Energy Generation and Energy Storage Renewable energy generation initiatives in collaboration with ECG, a specialist in this area Energy storage is the key area of global research at present – active participant in battery and hydrogen research projects Deca
Slide 19: Our Community
Our Community We support the communities in which we live and work, via the Lycopodium Foundation: • Long-term partnerships with the Murlpirrmarra Connection and the Clontarf Foundation in Australia, in support of Aboriginal youth – this year, established a Design Scholarship and School-based Traine
Slide 20: Our Clients – Current and Recent
Our Clients – Current and Recent We enjoy many long-term partnerships with our clients, working alongside them in the delivery of their studies and projects over the past three decades Infrastructure Resources Industrial Processes 20
Slide 21: Major Projects FY2023
Major Projects FY2023
Slide 22: Resources – Major Project Status FY2023
Resources – Major Project Status FY2023 40+ Engineering/early stages Onsite delivery – progressing Onsite delivery – late stages Delivered Studies Project Client Commodity Location Project Client Commodity Location Kiaka West African Gold Burkina Faso CGP3 Talison Lithium Lithium Western Australia R
Slide 23: Resources – Currently in Delivery
Resources – Currently in Delivery Nickel Mineral Sands Studies – 2 Gold Projects – 3 Projects – 13 Lithium Studies – 1 Studies – 13 Projects – 5 Diamonds/ Studies – 2 Gems Projects – 11 Studies – 5 Battery Minerals Uranium Copper Other Projects – 1 Studies – 3 Projects – 2 (Rare Earths, Platinum, St
Slide 24: Future Focus FY2024
Future Focus FY2024
Slide 25: Outlook and Strategy
Outlook and Strategy OUTLOOK STRATEGY • Transformation of the global energy sector from fossil-based to zero- • Continued focus on achieving broader geographical reach – across carbon sources represents a period of innovation and opportunity in Asia-Pacific and the Americas the development of new sy
Slide 26: lycopodium.com
Disclaimer Information, including any forecast financial information, in this presentation, should not be considered as a recommendation in relation to holding, purchasing or selling shares in Lycopodium Limited. Due care and attention has been used in the preparation of forecast information, howeve