Pacific Lime And Cement Limited · ASX:PLA
Pacific Lime And Cement — Non-Deal Roadshow (September 2025)
40 slides from Pacific Lime And Cement's roadshow presentation, Sep 29, 2025
Slide 1: PLC Roadshow
PLC Roadshow Richard Pegum – Executive Chairman Paul Mulder – Managing Director September 2025 1 Image: Official FID launch of PLC’s Central Lime Project
Slide 2: Forward Looking Statements Disclaimer
Forward Looking Statements Disclaimer This presentation has been prepared by Pacific Lime and Cement Limited ARBN 619 770 This presentation is not, and does not constitute, an offer to sell or the solicitation, 277 (“PLC” or the “Company”). invitation or recommendation to purchase any securities and
Slide 3: Presenting Today
Presenting Today An experienced leadership team Richard Pegum Paul Mulder Executive Chairman Managing Director Accomplished finance and investment executive Over 31 years’ experience in project development, with a global leadership career operations, and commercial transactions across the Form
Slide 4: Contents
Contents 1 Overview 2 Central Lime Project 3 Central Cement Project 4 Special Economic Zone 5 Future Projects 6 Investment Opportunity 7 Appendix 4
Slide 5: Overview
PLG¢ Pacific Lime and Cement Overview : &&
Slide 6: Company Overview
Company Overview PLC will be Papua New Guinea’s first Share Price Performance (Last 3 Years) Capital Structure producer of Lime $0.40 12 Share price (2 Sep 2025) A$ 0.27 and Cement Ordinary CDIs outstanding m 836.8 (undiluted)1 10 Market capitalisation2 A$m 226.0 $0.30 Cash3 A$m 80.6 8 Debt4 A$m 14.
Slide 7: PLC Highlights
PLC Highlights Construction- ready nation building Under Construction Fully Funded infrastructure • Our flagship quicklime project recently • The stage 1 quicklime project is fully equity announced FID and the cement project is funded progressing Scalable Lime Asset Strategic Location • Rapidly scal
Slide 8: Projects Overview
Projects Overview A Portfolio of Nation Building Cement and Lime Projects Low carbon products to aid the decarbonisation of the mining and building sectors Industrial Sands A portfolio of Industrial Sands projects from pre-production to exploration Renewables A portfolio of renewable energy projects
Slide 9: Strategic Position for Asia-Pacific Market
Strategic Position for Asia-Pacific Market Early in the Business Cycle, with a Growth Trajectory Toward Industry Majors Geography: Strategically located in PNG with direct proximity to Asian growth markets, Geography: Large, diversified company, but offering significantly shorter shipping routes
Slide 10: Multi-Phase Development Pipeline
Multi-Phase Development Pipeline Indictive Timetable 2 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 2025 2026 2026 2027 2027 2028 2028 2029 2029 2030 2030 2031 2031 2032 2032 Quicklime Plant (Stage 1) 2 x Kiln Expansion 1 x Kiln Expansion 2 x Kiln Expansion 1 x Kiln Expansion - Utilising debt will e
Slide 11: Central Lime Project
Central Lime Project 11 Image: Prime Minister of Papua New Guinea, Rt. Hon. James Marape, MP, officially announcing the FID of the Central Lime Project alongside PLC’s Managing Director Paul Mulder
Slide 12: Project Summary
Project Summary Location: 27 km from Port Moresby, Papua New Guinea Base Case1 Expansion Case1 Stage 1 configuration: 2 × 600 tpd high-efficiency Estimated Life of Project 30 Years 30 Years quicklime kilns Capex (US$) $61 million $119 million Production start: within 18 months of FID Capex / t
Slide 13: First Mover with a long-life Resource
First Mover with a long-life Resource A 382 M/T Resource Resources (inclusive of reserves)3 Mt CaO % Al2O3 SiO2 with the Capacity for SEZ and ML526 Boundary Measured Kido 144 53.6 0.6 1.8 +1.1 mtpa Quicklime International Wharf Cement Downstream Processing Measured Lea-Lea Indicated Kido 61 11 53.4
Slide 14: Future Forecasts
Future Forecasts Expanding our Capacity to deliver Cashflow First 5 Years Capex Funding Waterfall for PNG’s future Annual Comparison of Free Cash Flow US$m Stage by Stage Funding Strategy 138 - Equity (from free cash flow) 17 119 - Capex spent to date 41 - Retention payment 76 60 61 55 7 24 16 19 19
Slide 15: Fully Funded & Under Construction
Fully Funded & Under Construction1 Fully Equity Funded Safety Net - Access to Alternative for the Central Lime sources of Capital Project Working Capital Facility (WCF): 3 term sheets received from PNG-based financiers Each facility is ~US$10 million equivalent Decision currently under final r
Slide 16: Quicklime Project Under Construction
Quicklime Project Under Construction 16
Slide 17: Quicklime Project Under Construction
Quicklime Project Under Construction Rubble Wharf Access Wharf Sheet Pile Installation CLP FID announcement held on Stage 2 wharf 17
Slide 18: Quicklime Project Under Construction
Quicklime Project Under Construction BEFORE Left Photo– Initial wharf construction and benching works Right Photo– Rubble wharf formation and first cut of laydown area AFTER Left Photo– Laydown area preparation and fuel farm earthworks Right Photo– Progressed wharf construction and broader site work
Slide 19: Quicklime Project Under Construction
Quicklime Project Under Construction BEFORE Left Photo – Initial earthworks for the kiln cut Right Photo – Alternative view of the early kiln cut AFTER Left Photo – Substantial progress on the kiln cut Right Photo – Aerial view highlighting significant site advancement 19
Slide 20: Quicklime Project Under Construction
Quicklime Project Under Construction BEFORE Left Photo – View across the proposed project site Right Photo – Area designated for preparation of the lime plant AFTER Left Photo – Site preparation works underway Right Photo – Area readied for commencement of civil construction 20
Slide 21: What CLP Means for PNG
What CLP Means for PNG Spinoff Joint Venture Local Communities Arrangements Skills Development Local Business Improved Living Agreed, Providing Standards Job Creation Growth Free Carry for Higher household Hundreds of direct jobs Structured training in Procurement incomes and better during c
Slide 22: Government Support & NEC Approval
Government Support & NEC Approval Over a decade of experience in PNG, Community & Landowner Agreements building strong in- Formal agreements with local communities and landowners ensure shared benefits, secure social license to operate, and country relationships establish long-term partnerships buil
Slide 23: Government Support (Continued)
Government Support (Continued) Strong Relationships with Government Hon. James Marape, MP Hon. Keith Iduhu, LLP, MP Hon. Rufina Peter, MP Prime Minister of Papua New Guinea Member for Hiri-Koiari Governor of Central Province “Today’s ceremony marks PNG’s first “This investment is complementary to “T
Slide 24: Central Cement Project
Central Cement Project Image Source: Batchcrete International, “Cement & How It Makes Modern Life Feasible.” batchcrete.net.au 24
Slide 25: Cement Project Summary
Cement Project Summary Australasia’s first export facing clinker To be integrated with the Central Lime Project and DFS Case1 Estimated Life of Project 30 Years and cement export wharf facilities Capex (US$) $331 million development Ready-to-build project, with all material permits obtained Reve
Slide 26: Cement In PNG
Cement In PNG Unlocking Infrastructure Current State and Future Uses Global Cement Consumption Development with PNG’s cement consumption only 33 kg per capita per year Per Capita (based upon est. 11 million population) compared to the Increased Cement global average of 500 kg and 250 -700 kg range
Slide 27: Competitive Advantage
Competitive Advantage Strategic Location Drives Cost Advantage Significantly closer to users in Australia and the South Pacific than other seaborne supply Lower shipping cost and carbon footprint due to China shorter sailing times Japan to Brisbane Additional benefits of shorter lead times and
Slide 28: Downstream Cement Industries
Downstream Cement Industries ~50% of cement in concrete products is Construction and Precast and Manufactured from Asian imports; Infrastructure Products sourcing cement from Building Construction – Residential, commercial, and Precast Concrete – Beams, panels, pipes, culverts, and PNG is more e
Slide 29: Special Economic Zone
Special Economic Zone 29
Slide 30: SEZ & Building Industrial Complex
SEZ & Building Industrial Complex Creating PNG’s next Industrial Hub Special Economic Zone SEZ granted in September 2021 by PNG Government to promote new downstream processing and vertically integrated New Road industries with 10 years remaining Central Cement and Infrastructure Lime Project SEZ
Slide 31: SEZ Stages – Stage One
SEZ Stages – Stage One A Three-Stage Project Designed to Scale Efficiently Pacific Lime and Cement’s SEZ New Road Infrastructure Downstream Processing Stage Three: Stage Two: Stage One: Cement Plant Quarry and Quicklime Water Treatment Plant Unlocking PNG’s mineral wealth through quarrying and quick
Slide 32: SEZ Stages – Stage Two
SEZ Stages – Stage Two A Three-Stage Project Designed to Scale Efficiently Power Plant Pacific Lime and Cement’s SEZ Downstream Processing Stage Three: Quarry and Quicklime Stage One: Stage Two: Cement Plant Becoming PNG’s first domestic Cement Plant producer of cement for Lime Reserve national grow
Slide 33: SEZ Stages – Downstream Processing
SEZ Stages – Downstream Processing A Three-Stage Project Designed to Scale Efficiently Pacific Lime and Cement’s SEZ Quarry and Quicklime Eco-Energy Stage One: Stage Two: Stage Three: Recovery Plant Training and Cement Plant Admin Downstream Processing Driving industrial value-addition through advan
Slide 34: Downstream Processing
Downstream Processing Drives Industrial Growth and Job Creation Enables local production of building materials, chemicals, and components, creating skilled employment and supporting new industries. Maximises Value from Local Resources Transforms limestone into a wide range of products like cement, b
Slide 35: Other Projects
Other Projects 35
Slide 36: Industrial Sands
Industrial Sands A Portfolio of Flagship Orokolo Bay project boasts a DFS‐validated, Industrial Sands low-CAPEX model targeting 0.5 Mtpa titano-magnetite, 1 Mtpa construction sand, and up to 10 ktpa zircon-rich heavy mineral Projects Heading for concentrate1 Development Gulf Project Precinct inc
Slide 37: Green Initiatives
Green Initiatives Committed to a Cleaner, More Carbon Credits Opportunity to provide high quality carbon credits or sale into the global carbon markets Sustainable Future Total of 3 granted projects, comprising over 4m HA of forestry Potential yield per annum of 450,000 tonnes of CO2e per hectar
Slide 38: Investment Opportunity
Investment Opportunity 38
Slide 39: Summary
Summary Lime Stage 14 CLP – Expansion4 CCL5 Orokolo Bay6 Development Stage Under Construction Planned DFS Under Construction Estimated Life of Project 30 Years 30 Years 30 Years 15 Years Capex (US$) $61 million $119 million $331 million $21 million Revenue (LoP) (US$) $1,704 million $4,194 million $
Slide 40: Let’s Build PNG Together.
Let’s Build PNG Together. www.placltd.com ASX: PLA
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