Tasmea Limited · ASX:TEA
Tasmea — Merger or Acquisition (June 2026)
14 slides from Tasmea's merger presentation, Jun 24, 2026
Slide 1: Tasmea Limited: Acquisition of JPS Group
TASMEA LIMITED ACQUISITION OF JPS GROUP JUNE 2026
Slide 2: Transaction highlights
Transaction highlights JPS Group is a leading integrated services provider to the Australian energy sector, embedding specialist workforces with energy asset operators of all sizes, underpinned by long-term MSAs, recurring shutdown & maintenance activities with growth potential to serve customer ass
Slide 3: About JPS Group
About JPS Group JPS is a leading integrated services provider to the Australian and global energy sector, embedding highly skilled specialists — engineers, operators and project specialists — directly into operator teams & executing critical work scopes for blue chip customers on critical energy inf
Slide 4: Unique Offering: SIA / DBB Saver Opportunity
ASX Unique Offering: SIA / DBB Saver Opportunity Strong growth outlook: Safe Isolation Australia (“SIA”) revenue forecast to grow organically; with unique offering using Double Block & Bleed (“DBB”) Saver Technology on energy infrastructure; international expansion in USA & Africa opportunities iden
Slide 5: JPS Group core competitive advantages
JPS Group core competitive advantages TRUSTED PARTNER TO MAJOR GLOBAL ENERGY OPERATORS RECURRING “STICKY” REVENUE WITH LOW RISK CONTRACTING 1 Significant client base of Tier-1 energy operators and Tier 2/3 gas producers; high-quality, value-add delivery drives embedded relationships, with initial sp
Slide 6: Specialists in LNG & Critical Energy Infrastructure
ASX Specialists in LNG & Critical Energy Infrastructure Highly specialised workforce servicing energy asset operators of all sizes, executing critical work scopes, shutdowns and campaigns. With a successful track record in Australia, JPS is increasingly being invited by its blue-chip customer base t
Slide 7: Expansion into the growing energy sector
Expansion into the growing energy sector ~150 FTE specialist workforce, with a 600+ vetted specialist labour pool 01 Positioned across critical Australian LNG & gas assets for blue-chip customers — STRATEGICALLY onshore, offshore and Floating LNG POSITIONED 02 Brisbane-headquartered and founded in 2
Slide 8: Australian Oil & Gas Industry
Australian Oil & Gas Industry Industry snapshot — 10 producing LNG facilities operating across WA, the NT and Queensland - a significant, recurring operations & maintenance market >A$300bn Capex on LNG projects last 20 years Significant long-term infrastructure investment 88 mtpa Australian nameplat
Slide 9: Transaction overview
ASX Transaction overview Executing on our programmatic acquisition strategy. Key terms of the transaction are summarised below. • 100% of JPS Holdings Pty Ltd entities, comprising JPS Management & Execution Pty Ltd and Safe Isolation Australia Target Pty Ltd (“JPS Group” or “JPS”) • Up to ~A$75m — ~
Slide 10: Pro forma FY26e forecast financials
Pro forma FY26e forecast financials Pro forma FY26e Underlying EBIT $m Pro forma FY26e Underlying EBIT share % Gearing (Net debt / Pro forma EBITDA) 185 JPS JPS 6% Maxim 128 Maxim 25% ~0.85x JPS <0.50x Maxim TEA 69% TEA pro forma pre-M&A Pro forma post-M&A TEA as at 31 Dec-25 Pro forma post-M&A Pro
Slide 11: Strategic rationale
Strategic rationale ASX JPS is a leading integrated specialist services provider to the energy sector with a unique tech-enabled isolation offering Strong core base of ~150 operators, engineers & project specialists with major Australian LNG asset experience; 600+ vetted specialist talent Highly ski
Slide 12: Appendices
Q&A Appendices 12 ACQUISITION PRESENTATION TASMEA LIMITED
Slide 13: Specialist trade skilled services operating segments
Specialist trade skilled services operating segments WORKFORCE ELECTRICAL SOLUTIONS 18 yrs 4 yrs 25 yrs 10 yrs 21+ yrs 19 yrs 13 yrs 30 yrs MECHANICAL 10 yrs 29 yrs 9 yrs 12 yrs 16 yrs 10 yrs 8 yrs 15 yrs CIVIL 12 yrs 4 yrs 2 yrs 10 yrs Existing WATER & customers FLUID 19 yrs 5 yrs 36 yrs 29 yrs 10
Slide 14: Important notice
Important notice This document has been prepared by Tasmea Limited (ABN 22 088 588 425) (“Tasmea” or “the Company”). No other party other than Tasmea has authorised or caused the issue of this document, or takes responsibility for, or makes any statements, representations or undertakings in this doc