Veem Ltd. · ASX:VEE
Veem — Investor Presentation (September 2025)
20 slides from Veem's investor presentation, Sep 30, 2025
Slide 1: Accelerating Growth in Defence – Capital Raise Presentation
CAPITAL RAISE PRESENTATION 30 SEPTEMBER 2025 ACCELERATING GROWTH IN DEFENCE VEEM LTD INVESTOR PRESENTATION MARCH 2020 PRINCESS YACHTS Approved for release by the Board of Directors
Slide 2: Disclaimer
DISCLAIMER THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR ADVERTISEMENT PAST PERFORMANCE This document, including the information contained in this disclaimer, is not a prospectus, product disclosure statement or other Past performance information in this document is given for illustration purposes o
Slide 3: Executive Summary
Executive Summary Growing defence business • Strategically positioned to capture the increasing expenditure in the government and defence sectors. • Announcement of 9- year Northrop Grumman Manufacturing Licence Agreement (‘MLA’) of up to US$33m enabling VEEM to compete to supply parts for the Virgi
Slide 4: Strategically positioned for next stage of growth
Strategically positioned for next stage of growth World’s best technology with large target markets, using automation and robotics to manufacture profitably in Australia Defence Propulsion Gyrostabilisers Engineering • Largest non prime Defence • World’s best performing propellers • Only major suppl
Slide 5: Maximising Defence Opportunities
MAXIMISING DEFENCE OPPORTUNITIES VEEM LTD INVESTOR PRESENTATION MARCH 2020 PRINCESS YACHTS
Slide 6: Defence – Entry into the US defence market
Defence – Entry into the US defence market Veem has successfully executed a US manufacturing licence agreement with Northrop Grumman when combined with HII provides access to two of the largest US defence contractors. Opportunity to further capitalise on strong US defence industry tailwinds with bot
Slide 7: Defence – Powering ahead with existing contracts
Defence – Powering ahead with existing contracts • 6 year- $65m contract signed with ASC, revenue expected to increase in FY26 in particular 2HFY26. • VEEM has completed developing demonstrator blades for BAE Systems Australia's Hunter Class Frigate Program (‘HCFP’). DOD sign off in 1HFY26 will conf
Slide 8: Outlook
OUTLOOK VEEM LTD INVESTOR PRESENTATION MARCH 2020 PRINCESS YACHTS
Slide 9: Outlook
Outlook Defence: • Defence revenue expected to accelerate in particular in 2HFY26 in line with cyclical nature of Submarine Program. • VEEM continues to be awarded contracts for numerous other defence projects including army vehicles and naval projects such as patrol boats (eg. Austal’s Evolved Cape
Slide 10: Equity Raising Details
EQUITY RAISING DETAILS VEEM LTD INVESTOR PRESENTATION MARCH 2020 PRINCESS YACHTS
Slide 11: Equity Raising Details
Equity Raising Details • $14m placement to institutional and sophisticated investors (Placement). • Approx. 10.8 million new ordinary shares to be issued representing 7.9% of VEE’s existing ordinary shares on issue Capital Raising (Placement Shares). • Placement Shares will rank equally with existin
Slide 12: Offer Timetable
Offer Timetable Event Date Trading halt and bookbuild Friday, 26 September 2025 Announcement of completion of Placement Tuesday, 30 September 2025 Settlement of Placement Shares Tuesday, 7 October 2025 Allotment of shares under the Placement Wednesday, 8 October 2025 Shareholder vote for the issue o
Slide 13: Corporate Overview
Corporate Overview Corporate Snapshot (Post Raise) ASX Code VEE VEE Share Price History 1.8 1.5 Raise Price (26 September 2025) $1.30 1.6 1.3 Shares on Issue 146.7m 1.4 1.1 Market Capitalisation (last close) $220.9m 1.2 0.9 Vol. - Million Net Debt $0.6m Share Price 1 0.7 Enterprise value $221.5m 0.8
Slide 14: Financial Snapshot
Financial Snaphot Net Debt Gross Debt (30 June 2025) $14.6m Cash (30 June 2025) $0.8m Net debt (30 June 2025)* $13.8m Raise proceeds $14.0m Raise costs $0.8m Proforma net debt* $0.6m Proforma undrawn facilities $6.4m *excludes AASB 16 leases 14
Slide 15: Appendices
VEEM LTD INVESTOR PRESENTATION MARCH 2020 APPENDICES PRINCESS YACHTS
Slide 16: Key Risks
KEY RISKS There are a number of risks that, either individually or in combination, may materially and (b) Loss of Key Customers adversely affect the future operating and financial performance of VEEM and the value of its VEEM operates on a purchase order basis with its customers. The loss of, or sig
Slide 17: Key Risks (Cont.)
KEY RISKS (Cont.) (e) Reliance on key personnel The responsibility of overseeing the day-to-day operations and the strategic management of VEEM VEEM’s financial statements are prepared and presented in Australian dollars, and any depends substantially on its senior management and directors. There ca
Slide 18: Key Risks (Cont.)
KEY RISKS (Cont.) INDUSTRY SPECIFIC (c) Failing to communicate the benefits of VEEM’s products to the market (a) Insurance risk The success of VEEM’s growth strategy, particularly in the commercial market for gyrostabilisers, is highly dependent upon securing customers and converting trial or pipeli
Slide 19: Key Risks (Cont.)
KEY RISKS (Cont.) GENERAL RISKS Climate change risk Share market conditions may affect the value of VEEM’s quoted securities regardless of VEEM’s The climate change risks particularly attributable to the Company include: operating performance. Share market conditions are affected by many factors suc
Slide 20: Contact VEEM Ltd
This ASX announcement was authorised for release by the Board of VEEM Ltd. Contact VEEM LTD INVESTOR PRESENTATION Mark Miocevich Tino Kapfumo Jonas Fitzgerald Managing Director Chief Financial Officer MARCH 2020 Investor Relations +61 8 9455 9355 +61 8 9455 9355 jonas.fitzgerald@lgcapital.com.au +61