Scidev Ltd · ASX:SDV
Scidev — Investor Day (June 2026)
34 slides from Scidev's investor day presentation, Jun 17, 2026
Slide 1: Investor Day 2026: Strategic Review & Platform for Growth
For personal use only Investor Day 2026 Strategic Review & Platform for Growth
Slide 2: Disclaimer
For personal use only Disclaimer FORWARD-LOOKING STATEMENTS DISCLAIMER THIS PRESENTATION MAY CONTAIN CERTAIN ‘FORWARD-LOOKING STATEMENTS’ WITH RESPECT TO THE FINANCIAL CONDITION, RESULTS OF OPERATIONS, AND BUSINESS OF SCIDEV LIMITED AND CERTAIN OF THE PLANS AND OBJECTIVES OF MANAGEMENT. FORWARD-LOOK
Slide 3: Agenda
Agenda 01 Share Price & Earnings Performance For personal use only 02 Strategic Review & Lessons Learned 03 Market Opportunity & Execution Strategy 04 Right to Win: Markets & Solutions 05 Financial Framework 06 Outlook & Next Steps 07 Management Team 3
Slide 4: Share Price & Earnings Performance
Share Price & Earnings Performance For personal use only
Slide 5: Share price decline of 80% YTD and depressed valuation metrics
Share price decline of 80% YTD and depressed valuation metrics, highlights a loss of shareholder trust Share Price – July 2025 to June 2026 Revenue - FY23 to FY26 160 $0.70 140 $0.60 For personal use only 120 $0.50 100 $0.40 A$ million 80 $0.30 60 $0.20 $0.10 40 $0.00 20 0 FY23 FY24 FY25 FY26 FY26 F
Slide 6: Revenue decline driven by Energy Services headwinds, offset by Water Solutions growth
Revenue decline driven by Energy Services turn from cyclical tailwinds to headwinds, somewhat offset by structural growth from Water Solutions focused businesses Revenue Bridge - FY25 to FY26 Revenue by Business Segment - FY23 to FY26 120 70 For personal use only 100 60 16% CAGR 50 80 A$ million 40
Slide 7: Earnings underperformance necessitated a Strategic Review
Earnings underperformance at a group level, and growing evidence of inefficient capital allocation, necessitated a Strategic Review of the business model A$ million FY23 FY24 FY25 FY26 Revenue by Business: FY26 Guidance Guidance Revenue Energy Services 56.5 61.0 60.2 ~37 For personal use only Water
Slide 8: Strategic Review & Lessons Learned
Strategic Review & Lessons Learned For personal use only
Slide 9: Internal Review: Greater business discipline needed
Internal Review: Greater business discipline needed, with focused growth aligned to core strengths Key Learnings Improvement Actions Capital allocation 01 ▪ Better processes required for business case development, understanding alternatives, and stage gate decisions ▪ Ensure growth projects are focu
Slide 10: External Review: stakeholder input matched to market opportunities
External Review: A thorough review, with stakeholder input, to match underlying strengths to market opportunities Stakeholder Engagement – Key Groups & Findings Review Area Approach Key Finding ▪ Value the company’s solutions, chemistry, and service External ▪ Market Size ▪ >$4 billion in current ad
Slide 11: Market Opportunity & Execution Strategy
Market Opportunity & Execution Strategy For personal use only
Slide 12: The Industry Challenge: water treatment structurally under-optimised
The Industry Challenge: Water treatment market is large, non-discretionary, but structurally under-optimised and inefficient The Problem Our Solution: The Platform we are Building Stage Chemical Overdosing AI-Driven Optimisation 01 ▪ Chemistry systematically set for worst-case influent ▪ Real-time s
Slide 13: Reset to address the Challenge: building a water solutions platform
Reset to address the Challenge: Building a water solutions platform from engineering, chemistry, data monitoring, to optimisation Focus Markets Platform Solutions Data & Optimisation For personal use only Solutions Platform High-Value Chemistry Utilities & Energy Mining Data Centres Infrastructure S
Slide 14: Market Opportunity: ~$4 billion in current addressable markets
Market Opportunity: ~$4 billion opportunity in current addressable markets where chemistry, embedded operations and data solutions create a right to win Utilities & Addressable Target Markets (A$ billion, 2026 est) Water Solutions Mining Data Centres Infrastructure Recycling, Recycled 2.5 PFAS Treat
Slide 15: Right to Win: selected markets are high growth
Right to Win: Selected markets are high growth and where SciDev has a differentiated advantage Water Solutions - Market Selection Water Solutions – Forecast Market Growth1 Market Attraction Right to Win 7.0 ▪ A large base of existing For personal use only Established & growing, driven clients for cr
Slide 16: Right to Win: Markets & Solutions
Right to Win: Markets & Solutions For personal use only
Slide 17: Revenue by Segment – Water Solutions
Revenue by Segment – Water Solutions Water Solutions - Revenue by Market (FY26F) Water Solutions - Revenue by Solution (FY26F) Data Centres 0% Utilities & For personal use only Infrastructure PFAS & 28% Remediation 32% Chemistry 49% $40 to $45 Engineering 44% million Other 12% Mining 72% Data & Opti
Slide 18: Markets - Mining
Markets - Mining Service of a small firm, supply chain of a global player, with untapped potential of a large client list Right to Win Engineering Chemistry Data & Optimisation Established client base to cross-sell ▪ A large base of blue-chip miners already buying engineering ✓ ✓ or chemistry, but
Slide 19: Markets – Mining: JV with Nuoer Group
Markets – Mining JV with Nuoer Group creates the ability to compete at a global scale Right to Win Current Global Sales and Tenders Strategic Supply Access ▪ Access to established manufacturing capability and diversified supply pathways supporting competitive and For personal use only reliable marke
Slide 20: Markets - Utilities & Infrastructure
Markets - Utilities & Infrastructure Two complementary markets: recurring municipal treatment & high-value infrastructure projects Right to Win Complementary markets 2 PFAS PFAS treatment (utilities) ▪ Established market leader through proven FluorofIX & TECH RegenIX PFAS removal and advanced treatm
Slide 21: Markets - Data Centres: proven experience offshore
Markets - Data Centres Proven experience offshore to be replicated in Australia Right to Win Growing Problem: Data Centre consumption of Sydney's water supply 20% 10 Experience ▪ Team brings to SciDev, 10 years of Data Centres experience 18% 15 to 20% For personal use only YEARS delivering water rec
Slide 22: Markets - Data Centres: HydraCool Solution
Markets - Data Centres HydraCool Solution For personal use only 22
Slide 23: Markets – Energy: differentiated, field-validated chemistry
Markets – Energy Differentiated, field-validated chemistry, delivering measurable oil & gas production uplift Right to Win CatChek Proprietary Chemistry 90% CatChek: Category Leader ▪ The category leader in Clay Control, a proprietary 78.0% 80% −41% water cut multifunctional surfactant system addres
Slide 24: Markets – Energy: low market share with substantial runway
Markets – Energy Proven, field validated chemistry with low market share; substantial runway in high-value clay control Market Share: High-Risk Shale Formations Requiring Advanced Clay Control SciDev is active on only ~3% of total US Frac Crews SciDev (CatChek) For personal use only 2% ~A$800 millio
Slide 25: Financial Framework
For personal use only Financial Framework
Slide 26: P&L and Balance Sheet
P&L and Balance Sheet A$ million FY23 FY24 FY25 FY26 (F) A$ million FY23 FY24 FY25 FY26 (F) Revenue Revenue Energy Services 56.5 61.0 60.2 ~37 Engineering 10.6 20.3 14.8 15 to 20 For personal use only Water Solutions 33.3 47.8 43.0 45 to 50 Chemistry (Energy) 56.5 61.0 60.2 ~37 Total 89.8 109.2 103.
Slide 27: Prioritising recurring revenue growth
Prioritising recurring revenue growth via long-term chemistry contracts and embedded services Recurring Revenue1 35 38% 40% ▪ In FY26 recurring revenue is expected to reach 38% of total revenue with ~5% growth, despite overall decline in total group revenue. 35% For personal use only 30 30% 28% 28%
Slide 28: Financial Metrics & Capital Allocation
Financial Metrics & Capital Allocation Guiding Financial Metrics Capital Allocation Model Why Target Sources of Capital Uses of Capital For personal use only ▪ Targeting higher margin mix as we shift Gross Margin 15% to 30%+ to high value chemistry & data services Organic Platform Growth Operating C
Slide 29: Outlook & Next Steps
For personal use only Outlook & Next Steps
Slide 30: Strategic Development Priorities
Strategic Development Priorities: Invest in mining sales team, establish Data Centre reference work, and commercialise data services Priority Actions for FY27 Business Development Stage 5 Chemistry ▪ Build out sales function to cross-sell engineering, chemistry, Mining 4.5 and data-based services ac
Slide 31: Business Development Pipeline: FY27 order book and open tenders
Business Development Pipeline: Solid FY27 contracted order book with visibility on a large list of near-term open tenders FY27 Order Book FY27 Open Tenders + Risk Assessed Proposals For personal use only 23% 35% $39 $115 million 53% million 77% 10% 2% Mining Utilities & Infrastructure Mining Utiliti
Slide 32: Strategic Reset and Platform for Scalable Growth
Strategic Reset and Platform for Scalable Growth: Rebuilding to restore trust, disciplined execution, and scale a differentiated water solutions platform Work Done & Next Steps Focus Markets 1 Clear Diagnosis of Underperformance For personal use only Utilities & Energy 2 Strategic Refocus on ‘Right
Slide 33: For personal use only
For personal use only 33
Slide 34: Management Team
Management Team For personal use only Todd Scott John Gardiner Heath Roberts Lily Lewis Chief Executive Officer Chief Financial Officer General Counsel Group Human Resources Interim & Company Secretary Jamiel Muhor Ronan Duffy Chris Dartez Head of Process Chemistry Head of Water Technologies Head of