Infragreen Group Limited · ASX:IFN
Infragreen — Corporate Update (May 2026)
13 slides from Infragreen's corporate update, May 28, 2026
Slide 1: Infragreen Strategic Review Update
For personal use only Infragreen Strategic Review Update 28 May 2026
Slide 2: Vision
For personal use only Vision To be the leading force in building and operating sustainable mid-market infrastructure businesses throughout Australia and New Zealand. 2
Slide 3: Strategic Review Process
Strategic Review Process Background Process For personal use only The strategic review has been conducted to ensure Infragreen’s Board conclusions reflect a rigorous and externally- • Infragreen's share price has significantly tested assessment of the alternatives available to Infragreen underperfor
Slide 4: Core Findings from the Strategic Review
Core Findings from the Strategic Review The strategic review reached three initial main conclusions that inform the Board's recommended path forward For personal use only IFN’s Share Price Undervalues The Strategy Has Delivered Strong Current Complexity in Assessing the Business Revenue and Earnings
Slide 5: Infragreen's Near-term Priorities and Path Forward
Infragreen’s Near-term Priorities and Path Forward The Board will keep shareholders updated as strategic review outcomes are progressed For personal use only Immediate H2FY26 – H1FY27 Underway Ongoing • Portfolio optimisation (including a potential • Potential further asset realisations: IFN is also
Slide 6: Key Conclusions
Key Conclusions The strategic review reaffirms Infragreen’s high quality investments and provides a clear, actionable path to closing the gap between share price and fundamental value through targeted asset realisations, independent valuation, enhanced disclosure and capital management For personal
Slide 7: Appendix: FY26 Trading Update & Businesses Overview
For personal use only Appendix A FY26 Trading Update & Businesses Overview 7
Slide 8: Infragreen Platform Performance Snapshot
Infragreen Platform Performance Snapshot Infragreen Group expects to deliver underlying EBITDA of $22.5m - $25.0m and receive $5.3m - $6.5m in dividends from the businesses for the year ended 30 June 2026, reflecting strong second half growth and continued execution of the business strategy For pers
Slide 9: Pure Environmental
Pure Environmental 24.55% ownership Pure Environmental is a leading provider of integrated resource recovery and waste management services, focused on hazardous and regulated waste and organics recycling. Infragreen will assess value crystallisation options through the current sale process For perso
Slide 10: Minemet
Minemet 60.00% ownership Minemet is a vertically integrated scrap metal platform spanning collection, processing and exports For personal use only Overview Performance Snapshot Minemet is an established scrap metal recycling platform with more than 20 years of operating history and sites across Pert
Slide 11: Energybuild
Energybuild 54.78% ownership Energybuild is Australia’s #1 installer of new-build residential solar, with integrated battery, smart metering and utility connection capabilities, supported by partnerships with 12 of the top 20 homebuilders For personal use only Overview Performance Snapshot Energybui
Slide 12: Merredin
Merredin 49.99% ownership Merredin Energy operates an 82MW diesel peaking plant in the SWIS, with revenues underpinned by WA’s Reserve Capacity Mechanism For personal use only Overview Performance Snapshot Merredin Energy is an 82MW peaking power plant supporting grid reliability in Western ✓ Revenu
Slide 13: Important notice and disclaimer
Important notice and disclaimer For personal use only 13