Apa Group · ASX:APA
Apa — Macquarie Australia Conference 2025
16 slides from Apa's conference presentation, May 6, 2025
Slide 1: ASX Announcement: APA Group Presentation – Macquarie Australia Conference
APA Group Limited ACN 091 344 704 | APA Infrastructure Trust ARSN 091 678 778 | APA Investment Trust ARSN 115 585 441 Level 25, 580 George Street Sydney NSW 2000 | PO Box R41 Royal Exchange NSW 1225 Phone +61 2 9693 0000 | Fax +61 2 9693 0093 APA Group | apa.com.au 6 May 2025 ASX ANNOUNCEMENT APA Gr
Slide 2: APA Group Macquarie Australia Conference May 2025
For personal use only APA Group Macquarie Australia Conference May 2025 Moomba Wilton Pipeline, 1968 (now Moomba Sydney Pipeline)
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by APA Group Limited (ACN 091 344 704) as responsible entity of the APA This information is based on assumptions and contingencies which are subject to change. APA Group assumes no Infrastructure Trust (ARSN 091 678 778) and APA Investment Trust (ARSN 1
Slide 4: Acknowledgement of Country
For personal use only Acknowledgement of Country At APA, we acknowledge the Traditional Owners and Custodians of the lands on which we live and work throughout Australia. We acknowledge their connections to land, sea and community. We pay our respects to their Elders past and present, and commit to
Slide 5: APA Group: years of securing Australia's energy future
APA Group: 25 years of securing Australia’s energy future Growing distributions every year since 2004 60 For personal use only 50 40 (CPS) 30 20 10 - 2012 2014 2016 2017 2018 2021 2013 2015 2019 2022 2024 2008 2010 2011 2020 2023 2001* 2003 2005 2009 2002 2004 2006 2007 * 2001 calculated from the pe
Slide 6: Today's key takeaways
Today’s key takeaways 01. 02. 03. For personal use only Strong market fundamentals. Role of gas APA strategy remains unchanged Operating cash flow, DRP and strong confirmed well beyond 2050,1 with balance sheet provide ample funding for Disciplined prioritisation on value accretive increasing demand
Slide 7: Our strategy to be the partner of choice remains unchanged
Our strategy to be the partner of choice in delivering infrastructure solutions for the energy transition remains unchanged Estimated APA’s strategy is focused on four asset classes Addressable market size1 $30bn For personal use only $57bn $10bn $21bn Strategy positions APA to capitalise on Austral
Slide 8: Continued successful delivery of organic growth beyond the ~$1.8bn pipeline
Continued successful delivery of organic growth beyond the ~$1.8bn pipeline 1 will support the focus on delivering sustainable ongoing distribution growth Contracted power generation - Remote Gas transmission and storage For personal use only • Decarbonising mining in the Pilbara with renewables, fi
Slide 9: Demand for gas forecast to be strong beyond 2050
Demand for gas forecast to be strong beyond 2050 with increasing demand for gas infrastructure capacity Stable long term demand for gas with forecast consumption shifting to Gas-Powered Generation (GPG), driven by electrification including AI and data centres. This shift calls for more flexible supp
Slide 10: Incremental expansion of East Coast Gas Grid can secure supply to ~2034
Incremental expansion of APA’s East Coast Gas Grid can secure supply out to ~2034 and avoid southern market gas shortfalls AEMO supply/demand balance for the pipeline upgrades and expansions AEMO 2025 GSOO total volume of domestic reserves and resources1 option in 2033(step change scenario)1 For per
Slide 11: APA aims to deliver incremental expansion of its East Coast Gas Grid
APA aims to deliver incremental expansion of its East Coast Gas Grid 1 to meet customer demand while delivering strong returns for investors • Immediate expansion and medium-term For personal use only projects (subject to customer commitments) propose to add capacity to APA’s East Coast Gas Grid for
Slide 12: Unlocking access to future supply sources, starting with Beetaloo Basin
Unlocking access to future supply sources, commencing with the Northern Territory’s Beetaloo Basin Indicative APA Northern Australia gas transmission and storage connections • Beetaloo Basin has promising lower cost, lower For personal use only emissions gas compared to LNG import terminals and cert
Slide 13: Creating securityholder value through deployment of capital
Creating securityholder value through the deployment of capital where we can generate attractive financial returns Prioritisation of projects Indicative target returns above our post tax WACC1 For personal use only Strategic fit and APA competitive advantage Value creation Financial considerations •
Slide 14: Ample capacity to fund the ~$1.8bn organic growth pipeline over FY25-27
Ample capacity to fund the ~$1.8bn organic growth pipeline over FY25-27 through operating cash flow, existing balance sheet capacity and DRP Significant existing balance sheet capacity and ongoing growth in operating cash flow provides further funding capacity Forecast sources and uses of cash FY25
Slide 15: Investment thesis: Attractive distributions and growth opportunities
Investment thesis: Attractive distributions and significant near and long-term growth opportunities 01. 02. 03. 04. For personal use only $27bn+ 2050+ 90% 75% Portfolio of gas, electricity and Long-life assets, natural gas Highly defensive and Strong EBITDA margins and cost renewable assets with lon
Slide 16: For further information
For personal use only For further information: Andrew Nairn General Manager, Investor Relations M. +61 437 166 497 E. Andrew.nairn@apa.com.au www.apa.com.au