Veris Limited · ASX:VRS
Veris — Shareholder Meeting (October 2026)
36 slides from Veris's shareholder meeting presentation, Oct 28, 2026
Slide 1: Annual General Meeting 2026
rsonal use only Annual General Meeting 2026 1
Slide 2: Acknowledgement of Country
Acknowledgement of Country As we are located across 14 offices rsonal use only and perform our services at many locations, we acknowledge Aboriginal and Torres Strait Islander peoples as the traditional owners and custodians of this land and the places on which we live and work. We respect and honou
Slide 3: Chairman's Address
rsonal use only Chairman’s Address Karl Paganin, Chairman 3
Slide 4: Board of Directors
Board of Directors rsonal use only Karl Paganin David Murray Brian Elton Jason Waller Michael Shirley Non-Executive Non-Executive Non-Executive Non-Executive Managing Director Chairman - WA Director - NSW Director - NSW Director - WA & CEO - VIC 4
Slide 5: Veris Update
rsonal use only Veris Update Michael Shirley, MD/CEO Steve Harding, CFO 5
Slide 6: Veris company profile
Veris (ASX:VRS) An integrated digital & spatial data advisory and consulting firm. Trusted partners to our clients; our technical expertise, delivered via our consulting & advisory services rsonal use only and proprietary analytic platforms, solve complex challenges around asset-specific spatial pro
Slide 7: Our strategic transformation
Our strategic transformation From a Survey business to an integrated Digital and Spatial Data Advisory and Consulting Firm. rsonal use only Veris was built as a national survey business. We are transforming into a fully integrated digital and spatial data advisory and consulting firm, with spatial d
Slide 8: Our Strategy
Our Strategy We’re transforming into a spatial data advisory firm with a growing digital revenue stream. rsonal use only Our Strategy Digital point of Anchored in Value-driven Diversified Strong Capital difference spatial data revenue Management Embed advanced digital Build on our deep domain Shift
Slide 9: Scaling for Higher-Margin Growth
Scaling for Higher-Margin Growth Growing the core business through organic growth and targeted M&A. Survey remains a core offering, but as a standalone service it’s lower-margin; we create value when we convert spatial data into digital solutions and insights rsonal use only and provide our clients
Slide 10: Advisory + Digital: A Cross-Sell Driver for Growth
Advisory + Digital: A Cross-Sell Driver for Growth Advisory insights fuel digital solutions, while digital engagements open doors for strategic advisory. rsonal use only Digital platforms such as: Digital Advisory RoadSiDe Planning & Urban Design BridgeSiDe Survey & Property Consulting Parsel Enviro
Slide 11: Digital Solutions: Built by Veris, Proven in the Field
Digital Solutions: Built by Veris, Proven in the Field Veris’ suite of proprietary cloud-based, AI enabled digital platforms allow clients rsonal use only to easily visualise and interrogate spatial data for their most important assets. Greenfields Live Rapid 3D Optioneering Virtual Asset Inspection
Slide 12: Octave Distributorship: A New Recurring Revenue Engine
Octave Distributorship: A New Recurring Revenue Engine Veris appointed authorised Geospatial Distributor across Australia and New Zealand for Octave, a NASDAQ-listed software intelligence business. rsonal use only MULTI-STREAM GROWTH LEVERS $1.2m 1 Software sales, licensing and support renewals Recu
Slide 13: Application Development: A Cross-Section of Capability
Application Development: A Cross-Section of Capability Spatially-enabled applications built on location and geospatial data. Acquired via the Spatial Vision M&A, this capability is now part of Veris' Digital Solutions offering. rsonal use only Public Safety & Health & Environmental Monitoring Emerge
Slide 14: Digital Advisory: Building Profile in Government Markets
Digital Advisory: Building Profile in Government Markets Elevating Veris as a Trusted Advisor to Government Agencies. rsonal use only As government agencies navigate digitalisation and data policy reform, Veris' Digital Advisory team is building profile, thought leadership and early-stage engagement
Slide 15: M&A: Accelerating Advisory & Digital Growth
M&A: Accelerating Advisory & Digital Growth Integration of Mesh’s advisory skillsets and • Accelerates higher-margin Consulting & Advisory growth rsonal use only by adding specialist planning, urban design and Parsel technology now delivering in live projects. landscape architecture capability. • Pa
Slide 16: Aurecon Transaction: A Ready-Made Growth Engine
Aurecon Transaction: A Ready-Made Growth Engine Expected to be earnings accretive in its first year, FY27. rsonal use only Veris is acquiring an operating survey business: an experienced team, ongoing projects and guaranteed revenue, plus preferred access to Aurecon's projects in Water, Defence, Ene
Slide 17: Financial Update
rsonal use only Financial Update 17
Slide 18: FY26 Financial Highlights
FY26 Financial Highlights Revenue growth, profitability, increasing order book and strong cash position. rsonal use only REVENUE UNDERLYING EBITDA UNDERLYING PBT CASH BALANCE $102.0m $10.3m $2.2m $13.3m Representing 4.9% 2.8% increase on 2.2% margin Providing balance growth year-on-year $10.1m in pc
Slide 19: FY26 Results Summary
FY26 Results Summary Year ended ($M) FY26 FY25 2026 REVENUE of $102 million Underlying EBITDA of $10.3 million, an increase of 2.8% vs prior year, highlighting resilience in 4.9% Revenue 102.0 97.2 underlying earnings. rsonal use only Statutory EBIT 1.4 2.5 FY26 represented a tale of two conflicting
Slide 20: Executing on Strategic Transition
Executing on Strategic Transition Higher margin revenues stabilising the bottom line. rsonal use only GROUP REVENUE ($m) REVENUE & UNDERLYING PBT MARGIN (%) 100.0 110 4.0% 100 3.0% 90 2.2% 80.0 Underlying PBT Margin % 80 2.0% 70 2.7% Revenue ($m) 60.0 1.0% 60 1.0% 50 0.0% 40.0 40 0.1% 30 -1.0% 20.0
Slide 21: Balance Sheet
Balance Sheet Robust financial position. rsonal use only CASH BALANCE FRANKING CREDITS Balance Sheet ($m) Jun26 Jun25 Cash Debtors & WIP 13.3 21.7 16.6 20.3 $13.3m $5.4m Stable balance sheet and Balance at 30 June 2026 P,P&E 8.9 8.0 capital position maintained ROU Lease Assets 11.4 14.8 DTA, Intangi
Slide 22: Business Update
rsonal use only Business Update 22
Slide 23: Health and Safety
Health and Safety At Veris, safety is not just a priority; it’s a core value that defines our culture. rsonal use only The health, safety, and wellbeing of our team underpin every aspect of our operations. Veris operates under a certified Health, Safety, Environment and Quality (HSEQ) management sys
Slide 24: Indigenous Engagement
Indigenous Engagement rsonal use only Veris is proud of our ongoing alliance with Wumara Group, a majority Indigenous-owned surveying and spatial company in which we hold a 49% interest. It was a standout year for Wumara, growing revenue Together with Wumara, we continue by approximately 30%, underp
Slide 25: People & Culture
People & Culture Our people remain the foundation of Veris, and in FY26 we sharpened our focus on developing the rsonal use only leaders who will take the business forward as our service offering has grown broader and more diverse. Leadership Programs Staff Engagement Integrations Investing in leade
Slide 26: Awards & Industry Recognition
Awards & Industry Recognition WINNER WINNER FINALIST FINALIST FINALIST rsonal use only 2026 MAV 2026 National Trust 2026 Landscape 2026 Utility Awards 2026 Women in Innovation Lab (ACT) Heritage Australia Awards Digital Awards Awards Awards Project Delivery Thriving Places Analysis and Team of the Y
Slide 27: Pipeline & Outlook
rsonal use only Pipeline & Outlook 27
Slide 28: Pipeline
Pipeline A healthy pipeline and secured forward workload of $65M. rsonal use only The secured forward Secured workload has been Healthy, unsecured project Growth supported In the face of some workload is strengthened by significant pipeline has a weighted by M&A activities, which has macroeconomic a
Slide 29: Sector Focus: Key Growth Markets
Sector Focus: Key Growth Markets Structural Investment Across Data Centres, Renewables, Water and Defence. rsonal use only As capital flows into these high-growth sub-sectors, Veris' multidisciplinary survey, digital and advisory capability positions the business to support clients across the full a
Slide 30: Data Centres: Already Delivering, Ready to Scale
Data Centres: Already Delivering, Ready to Scale Proven Skills. Proven Delivery. A Large Market Opportunity. Veris is already working on data centre sites, from site risk assessment through to design. Despite recent media commentary, data centres remain rsonal use only a prospective growth market fo
Slide 31: Outlook
Outlook Strong positioning across diverse and high-growth industry sectors, with a positive outlook. rsonal use only TRANSPORT PROPERTY & UTILITIES DEFENCE ENERGY & GOVERNMENT BUILDINGS RESOURCES SAM* $220M $150M $280M $110M $100M $210M CAGR^ 9.5 - 11% 8 - 9.5% 7 - 9% 10 - 12% 14 - 16% 12 - 14% Data
Slide 32: Q1 Update
ersonal use only Qi Update veris
Slide 33: Q1 FY27 Trading Update
Q1 FY27 Trading Update Continued improvement in margins underpinned by transformation via Digital strategy rsonal use only Results Summary Q1 Q1 Q1 Q1 FY24 FY25 FY26 Q1 Unaudited FY24 FY25 FY26 FY27 Revenue ($m) 92.6 97.2 102.0 24.9 24.3 26.2 28.2 EBIT Margin % (2.6%) 2.5% 1.3% 2.5% 2.9% 3.6% 3.8% P
Slide 34: In Summary
In Summary rsonal use only Underlying Earnings Structural Shift to Proactive Response to & Margin Quality Higher-Margin Growth Market Headwinds Revenue grew 4.9% to $102.0m. Digital & Spatial advisory revenue Significant macroeconomic and market Underlying EBITDA increased 2.8% to reached over 28% o
Slide 35: Corporate Office and Contact
rsonal use only CORPORATE OFFICE 41 Bishop Street Jolimont WA 6014 P. 08 6241 3333 E. communications@veris.com.au VRS ASX veris.com.au 35
Slide 36: Disclaimer
Disclaimer This Document should not be considered as an offer or invitation to subscribe for or purchase any securities in Veris Limited rsonal use only (“Veris” or the “Company”) or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for secur