#039;m) FY18 2H18 1H18 FY17 Var % Revenue 293.4 138.7 154.7 234.3 25%  Revenue increased by 25.2% compared to FY17 Gross profit 73.4 36.1 37.3 71.1 3% − Strong growth in the Americas with revenue up 37.4% Gross margin 25.0% 26.0%

Slide 6: Financial performance (statutory results)

Financial performance Statutory results FY18 Statutory earnings including impairments and (#039;m) FY18 2H18 1H18 FY17 Var % one-off costs Revenue 293.4 138.7 154.7 234.3 25% Impairment: Gross profit 73.4 36.1 37.3 71.1 3%  Impairment charges of $17.7 million reflect Gross margin 25.0% 26.0% 24.1% 30.

Slide 7: FY18 by region: Australia

FY18 by region Australia Australia (#039;m) FY18 2H18 1H18 FY17 Var % Brisbane Perth Revenue 124.0 59.8 64.2 111.9 11% Mackay EBITDA (normalised) 7.9 3.6 4.3 9.5 (17)% Hunter Valley EBITDA margin 6.4% 6.0% 6.7% 8.5% (25)% Operations  Perth operations contributed the highest normalised EBITDA in the Gr

Slide 8: FY18 by region: Americas

FY18 by region Americas Americas (#039;m) FY18 2H18 1H18 FY17 Var % USA Revenue 154.4 72.0 82.4 112.3 37% Colombia EBITDA (normalised) 11.0 5.6 5.4 1.7 ↑ Chile Peru EBITDA margin 7.1% 7.8% 6.6% 1.5% ↑ USA  USA delivered the highest EBITDA contribution in the region in FY18, supported by an order for t

Slide 9: FY18 by region: Asia

FY18 by region Asia (#039;m) FY18 2H18 1H18 FY17 Var % Iron Ore Asia Coal Indonesia Revenue 22.4 11.3 11.1 17.4 29% Copper EBITDA (normalised) 4.3 1.8 2.5 3.1 39% Gold EBITDA margin 19.2% 15.9% 22.5% 17.8% 8% Other Indonesia  Results from Indonesia have continued to be strong in FY18  Reduction of EB

Slide 10: FY18 Normalised EBITDA Bridge

FY18 Normalised EBITDA Bridge $m Australia Americas Asia Page 10 www.austineng.com.au

Slide 11: Diversified revenue

Diversified revenue 1 Revenue by region - % of total Comment FY18 FY17 • Strong revenue growth in the Americas lifted this region’s share to 53% largely due to strong performance 7% 7% from the USA 40% Australia • Australia revenues increased by 11% as a result of 45% Americas improved sales on the

Slide 12: Diversified revenue

Diversified revenue 3 Revenue by customer type - % of total Comment FY18 FY17 • Revenue from miners grew by 12% from FY17 however reduced as a proportion of FY18 total revenue Miners 4% 12% 8% • Work from mining contractors and OEMs has increased 6% Mining 6% by 40% from FY17 as a result of improved

Slide 13: Working Capital

Working Capital 30 Jun 2018 31 Dec 2017 30 Jun 2017 Commentary 100.0 $m Tight management of working capital has been a key focus over the past two years. 80.0 60.0 Net working capital in FY18 has increased by $8.3 million to $29.5 million due to: 40.0  Receivables (+11%) - growth in revenue (+25%)

Slide 14: Cash Flow

Cash Flow Cash flow (#039;m) FY18 FY17 Var % $m Historical cash flow from operating activities 5 Cash flows from operating activities - NPAT (11.9) (27.6) (57)% Add: depreciation and amortisation 10.8 11.2 (4)% (11)% (5) Add: impairment 17.7 19.8 Movement in working capital (7.2) (14.4) (50)% Other mov

Slide 15: Balance Sheet

Balance Sheet Gearing Summary ($’m) 30 Jun 2018 30 Jun 2017 Commentary Total Assets 223.8 231.5 • Net cash position of $5.6 million Total Shareholders Funds 104.2 112.2 • Balance sheet restructured to support growth opportunities and increase returns to shareholders Facilities related to continuing

Slide 16: Safety and People

Safety and People FY18 Safety statistics People 25 2,500 (per million hours worked) 20 2,000 Frequency rate 15 1,500 10 1,000 5 500 - TRIFR LTIFR - 30-Jun-16 30-Jun-17 31-Dec-17 30-Jun-18 Headcount • Total Reportable Incident Frequency Rate (TRIFR) and • Headcount fell to 2,105 at 30 June 2018 from

Slide 17: 2. Strategy and Market Analysis

2. Strategy and Market Analysis

Slide 18: Strategic Priorities

Strategic Priorities Actions during FY18 To be the market leader supplying customised truck bodies and buckets globally  Business operations re-oriented to provide clients with engineered solutions  40% increase in new product revenue from FY17 combined with high quality and efficient manufacturin

Slide 19: Market Analysis

Market Analysis The Americas Australia Asia • History of success with the • New designed JEC-LD truck • Batam is a world-class facility, strong Westech product brand body has created new business meeting Austin’s global standards opportunities • Existing customer base, • Growth in local Indonesia ma

Slide 20: 3. Outlook

3. Outlook

Slide 21: Industry Outlook

Industry Outlook 1 Copper (USD/lb) Commentary • The copper price continued to rise in FY18, a trend that began in 2016 following 5 years of declines, and reflects strong industrial production and growing 27% demand for energy infrastructure and technology Copper • Recent USA/China relations have imp

Slide 22: Industry Outlook

Industry Outlook 3 Iron Ore (USD/mt) Commentary • Iron ore price in USD was volatile, range trading over 18% the financial year US$60 – US$80 • The outlook to 2020 is for a gradual decline to around US$51 as a result of moderating demand and growing Iron ore supply, particularly from Brazil • Austin

Slide 23: Industry Outlook

Industry Outlook 5 Top 5 Global Mining Companies CapEx Spend Commentary • Capital expenditure by the world’s five largest mining companies has yet to reach the levels experienced at the commencement of the last major mining cycle • Spending increases are forecast to rise, in contrast to the last 4 y

Slide 24: FY19 Guidance

FY19 Guidance FY19 Normalised EBITDA of $25 million to $28 million  Based on the current order book, committed work, and tender opportunities  Around 45% of projected revenue relates to firm orders and other committed work. This is similar to last year, however client tender book and pipeline oppo

Slide 25: 4. Appendix

4. Appendix: - Competitive advantage - Operations - Products and services

Slide 26: Competitive advantage

Competitive advantage Market leading position Visibility over orders  Large global producer of custom truck  High visibility over orders for the next six bodies and buckets months  Strategically located across four  Recurring revenue from repairs and continents including Australia, Asia and main

Slide 27: Operations

Operations  Located on the east and west coast, providing an array of manufacturing, repair and support services  Perth is the largest workshop in Australia  Mackay is focussed on body/bucket repairs and maintenance Australia  Hunter Valley operations closed during the year, with new product sup

Slide 28: Products and services

Products and services Austin Engineering Products Services  Leading designer and manufacturer of customised  A complete service provider, offering on and off-site dump truck bodies, buckets and ancillary products repair and maintenance and heavy equipment lifting to used in the mining industry cus

Slide 29: Disclaimer

Disclaimer This presentation has been prepared by Austin Engineering Limited (ABN 60 078 480 136) (“Austin” or the “Company”). The information in this presentation should be read in conjunction with Austin’s continuous disclosure announcements. The information is of a general nature and has been pre

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