Mlg Oz Ltd · ASX:MLG

Mlg Oz — Euroz Hartleys Rottnest Conference 2026

18 slides from Mlg Oz's conference presentation, Mar 17, 2026

  1. Slide 1: Euroz Hartleys Rottnest Conference

    EUROZ HARTLEYS ROTTNEST CONFERENCE For personal use only March 2026

  2. Slide 2: Disclaimer

    This release contains certain forward looking statements, including in relation to possible or assumed future performance, costs, dividends, rates, prices, revenue, potential growth of MLG Oz Limited, industry growth or other trend projections. Such forward looking statements are based on numerous a

  3. Slide 3: Strong Revenue Growth, Improving Share Price Performance

    CONTINUING TO EXPERIENCE IMPROVING SHARE STRONG REVENUE GROWTH PRICE PERFORMANCE Pro Forma1 Revenue MLG Share Price For personal use only $540.4m $468.6m 32.4% CAGR $375.2m $286.8m $254.0m $199.6m $205.1m $132.7m FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 1. Pro Forma revenue offsets fuel tax credits a

  4. Slide 4: Strong Financial Performance in the First Half

    STRONG FINANCIAL PERFORMANCE IN THE FIRST HALF Pro Forma Operating Performance 1H 2026 1H 2025 Variance Revenue1 $284.6m $268.6m +6.0% EBITDA2 $36.5m $29.3m +24.5% EBITDA2 Margin 12.8% 10.9% +17.4% For personal use only EBIT2 $14.0m $8.7m +60.9% NPAT2 $7.8m $4.1m +90.2% NTA/Share $1.06 $1.02 +3.9% G

  5. Slide 5: EBITDA Margins Continue to Strengthen

    EBITDA MARGINS CONTINUE TO STRENGTHEN Pro Forma EBITDA Margins 13.5% 12.8% 1. 12.8% For personal use only 10.9% 10.9% 9.7% 9.0% H1-2023 H2-2023 H1-2024 H2-2024 H1-2025 H2-2025 H1-2026 Pro Forma Adjustments: 1. Excludes $750K fine for safety incident in 2022 5 HY2026 FINANCIAL RESULTS

  6. Slide 6: Providing Critical Infrastructure to Mineral Processing

    PROVIDING CRITICAL INFRASTRUCTURE TO MINERAL PROCESSING  Road maintenance  Mine planning and design  Tailings storage facility lifts  Drill and blast services  Rehabilitation work  Ore extraction and removal  Bulk earthworks Mine Mine For personal use only  Contract crushing mobile plant Cli

  7. Slide 7: Our Significant Footprint

    For personal use only OUR SIGNIFICANT FOOTPRINT 7 HY2026 FINANCIAL RESULTS

  8. Slide 8: Revenue Is Primarily Driven from the Gold Sector

    Iron Ore, REVENUE IS PRIMARILY DRIVEN FY2025 5.3% Nickel, Revenue 0.7% FROM THE GOLD SECTOR Gold, 94.0% For personal use only Key Highlights Gold Price at historical highs Greater demand for volume - driven by high gold prices CLIENTS Gold Processing Capacity Highly constrained outside of producers

  9. Slide 9: Focused on Sustaining Strong Growth in Underlying Profit

    FOCUSED ON SUSTAINING STRONG GROWTH IN UNDERLYING PROFIT Pro Forma EBIT $23.4m $20.2m For personal use only 38.8% CAGR $14.0m $11.7m $8.7m 1. 2. FY 2022 FY 2023 FY 2024 FY 2025 HY 2026 Pro Forma Adjustments: 1. Excludes $7.0m loss on sale of high-capacity crushing plants 2. Excludes $750K fine for s

  10. Slide 10: Debt Funding Well Controlled – Gearing Reducing as Profit Rises

    DEBT FUNDING WELL CONTROLLED – GEARING REDUCING AS PROFIT RISES Key Highlights $75.0m 2.50 Net Debt $61.3m 2.00 $60.0m For personal use only Gearing Ratio declining 0.84x 1.50 $45.0m Average Net Debt 1.00 (FY22 to FY26) $60.5m $30.0m 0.50 Net Assets $153.5m $15.0m 0.00 H1 FY22 H2 FY22 H1 FY23 H2 FY2

  11. Slide 11: Service Quality and Consistency Continues to Drive Client Demand

    SERVICE QUALITY AND CONSISTENCY CONTINUES TO DRIVE CLIENT DEMAND Gold market continues to experience historical high prices which in turn is driving greater demand for MLG services. Our focus continues to be on the long-term sustainability of our profit margins. For personal use only Second half of

  12. Slide 12: Thank You

    HEAD OFFICE A 10 Yindi Way Kalgoorlie, Western Australia P (08) 9021 1011 CORPORATE OFFICE A Level 6, 905 Hay Street Perth, Western Australia P (08) 9022 7746 EMAIL For personal use only info@mlgoz.com.au WEBSITE mlgoz.com.au ABN & ASX ABN 53 102 642 366 ASX MLG THANK YOU

  13. Slide 13: Appendix

    For personal use only APPENDIX 13 HY2026 FINANCIAL RESULTS

  14. Slide 14: Founder Led Business with Experienced Board and Executive Team

    FOUNDER LED BUSINESS WITH EXPERIENCED BOARD AND EXECUTIVE TEAM For personal use only 14 HY2026 FINANCIAL RESULTS

  15. Slide 15: Large and Diverse Fleet

    LARGE AND DIVERSE FLEET $216.6M For personal use only PROPERTY, PLANT AND EQUIPMENT (as at 31 December 2025) 15 HY2026 FINANCIAL RESULTS

  16. Slide 16: Our Timeline

    OUR TIMELINE Construction and Build, own, operate commissioning of fixed First sand quarry First hard rock quarry First contract-crushing fixed plant crusher at plant at Fortescue MLG founded by operation – 8 Mile established Tarmoola contract awarded to Fortescue Christmas Construction of Tails Dam

  17. Slide 17: Contract

    CONTRACT • Must provide a “service” • No commitment to minimum tonnes TERMS • Fixed and variable rates • Client retains “termination for convenience” rights For personal use only • Capital payout terms for early termination (specific contracts) SCOPE OF SCHEDULE WORKS OF RATES STANDARD COMMERCIAL RI

  18. Slide 18: Historic Financial Performance – Pro Forma

    HISTORIC FINANCIAL PERFORMANCE – PRO FORMA1 Pro Pro Pro Pro Pro Forma Forma Forma Forma Forma Statutory Statutory Statutory Statutory Statutory $000’s Notes HY26 FY25 FY25H2 FY25H1 FY24 FY24H2 FY24H1 FY23 FY23H2 FY23H1 FY22 FY22H2 FY22H1 Revenue Mine Site Services and Bulk Haulage 1 261,795 494,886

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