Dalrymple Bay Infrastructure Ltd. · ASX:DBI
Dalrymple Bay Infrastructure — Investor Presentation (October 2026)
23 slides from Dalrymple Bay Infrastructure's investor presentation, Oct 20, 2026
Slide 1: ASX Announcement: Investor Presentation
ASX Announcement For personal use only 19 October 2026 Investor Presentation Dalrymple Bay Infrastructure Limited (ASX:DBI) (“DBI” or “the Company”) releases the attached Investor Presentation that will be presented at a series of investor conferences and presentations in Asia and Australia during O
Slide 2: Investor Presentation October/November 2026
rsonal use only Investor Presentation October/November 2026
Slide 3: Dalrymple Bay Infrastructure
Dalrymple Bay Infrastructure DBI through its foundation asset, the Dalrymple Bay Terminal (DBT), aims to provide safe and efficient port infrastructure and services for producers and consumers of high quality Australian metallurgical coal exports. rsonal use only #1 Largest global metallurgical coal
Slide 4: H1-26: Overview (6 months to June 2026)
H1-26: Overview (6 months to 30 June 2026) EBITDA FFO1 Growth Financing Distributions Safety rsonal use only $150.5m $92.7M $370.6m2 $350m 13.5cps3 Zero +4.7% vs H1-25 + 10.2% vs H1-25 of capital projects issued in Australian + 14.9% vs H1-25 incidents causing still to be added to Medium Term Note s
Slide 5: Stable and predictable revenue stream
Stable and predictable revenue stream DBI financial performance underpinned by a low-risk business model • TIC applicable at Dalrymple Bay Terminal (DBT) for TY-26/27 of ~$4.02 per tonne, up ~8.1% Key Contract Terms rsonal use only versus TY-25/26 • TIC applied to every tonne of the terminal’s contr
Slide 6: Commitment to growing long term total returns for all securityholders
Commitment to growing long term total returns for all securityholders Distributions Distributions by TIC Year (cps)2, 3 • Q2-26 distribution of 6.750cps 7.155 6.750 rsonal use only • TY-26/271 guidance of 28.6cps up 8.5% on prior TY distributions 5.875 5.025 5.375 7.155 6.750 Distribution Policy 5.3
Slide 7: Growth opportunities
Growth opportunities DBI has a range of growth opportunities that are expected to underpin a continued uplift in revenue, ultimately driving improved FFO to support growing distributions rsonal use only Revenue Initiatives NECAP 8X External Opportunities Capacity optimisation The NECAP program deliv
Slide 8: Organic growth: Non-expansion capital expenditure
Organic growth: Non-expansion capital expenditure NECAP provides an ongoing growth platform • As amounts are spent on NECAP, interest during construction (IDC) accrues at an agreed rate until the expenditure is added to the NECAP Asset Base. rsonal use only This compensates DBI for the cost of debt
Slide 9: NECAP supporting revenue uplift
NECAP supporting revenue uplift Completion of major NECAP programs will drive a step change in TIC • All current NECAP works have been recommended by the Operator and Pricing agreements through Light Handed Regulatory Regime2,3 rsonal use only 6 approved by all customers, demonstrating a strong alig
Slide 10: 8X expansion works
8X expansion works Capacity expansion project within the existing terminal footprint that can be delivered in phases to meet customer demand • 8X provides an export pathway for new mine developments and expansions in the Central Bowen Basin which will be required to meet Global demand for seaborne m
Slide 11: Investment grade balance sheet
Investment grade balance sheet DBI proactively manages its debt portfolio to deliver benefits to the business and shareholders Debt Profile Credit Profile Net Debt to EBITDA8 rsonal use only Total Limit1 A$2.35bn limit with A$2.06bn Rating5 BBB / Stable (S&P) drawn at 30 June 2026 Debt Service 2.6x
Slide 12: Strategic priorities over FY-26
Strategic priorities over FY-26 DBI’s strategic priorities are focussed on delivering total securityholder returns Delivering organic revenue growth through new revenue initiatives and the inclusion 1 of the cost of completed NECAP Projects in the NECAP Asset Base rsonal use only 2 Completion of Shi
Slide 13: Appendices
12 rsonal use only Appendices
Slide 14: DBI's financial performance is underpinned by a low-risk business model
DBI’s financial performance is underpinned by a low-risk business model Light-handed Force Majeure Pass through rsonal use only regulation protection of operating costs DBI has a pricing agreement with DBI has strong force majeure protection All the terminal’s operating and customers on the Terminal
Slide 15: DBT services predominantly metallurgical coal mines in the Bowen Basin
DBI, via the Dalrymple Bay Terminal, services predominantly metallurgical coal mines in the Bowen Basin DBI Customer base1 Contracted Capacity1 rsonal use only Customer2 Mine Anglo American German Creek, Moranbah North, Grosvenor3 Argo Resources Carborough Downs, Broadlea, Ironbark No.1 Glencore Cle
Slide 16: Interest rate and hedge book profile
Interest rate and hedge book profile No FX risk and limited interest rate risk with high level of fixed debt issuance and floating to fixed swaps • 100% of all foreign currency Profile of hedged position at 30 June 2026 (A$ million) 1, 2 rsonal use only debt swapped back to AUD – no 2,500 120% FX ri
Slide 17: Current NECAP projects
Current NECAP projects Major projects SL1A and RL4 are anticipated to be added to the NECAP Asset Base from 1 July 20271 • All capital spent on NECAP has been approved for inclusion in the NECAP Asset Base rsonal use only • At 1 July 2026, the current NECAP program had a total of $370.6m in projects
Slide 18: Climate reporting and disclosures
Climate reporting and disclosures In February 2026, DBI released its first Sustainability Report prepared in accordance with AASB S2 DBI’s disclosures provide: rsonal use only DBI prepared its 2025 Sustainability Report in accordance with AASB S2 • Alignment of climate considerations with strategy,
Slide 19: Social and Governance highlights
Social and Governance highlights Safety, Health & Wellbeing Employee Diversity and Inclusion Community and Partnerships For each financial year, the Group sets a Diversity, Equity and Inclusion is a cultural During H1-26, DBI continued to deliver its Community comprehensive set of leading indicators
Slide 20: Statement of profit or loss (6 months to June 2026)
Statement of profit or loss (6 months to 30 June 2026) H1-26 Revenue and EBITDA up on H1-25, demonstrating resilience of business model Notes Profit & Loss, A$ million Notes H1-26 H1-25 1 TIC Revenue STATUTORY rsonal use only TIC revenue increased by 3.6% on H1-25, in line with the increase in the T
Slide 21: Statement of cash flows (non-statutory) (6 months to June 2026)
Statement of cash flows (non-statutory) (6 months to 30 June 2026) H1-26 Revenue, EBITDA and FFO all up on H1-25, demonstrating resilience of business model Notes Cashflow, A$ million Notes H1-26 H1-25 rsonal use only 1 Capital expenditure TIC revenue 156.5 151.1 Capital expenditure comprises the sp
Slide 22: Glossary
Glossary $ Australian Dollar unless otherwise stated Group DBI and its wholly owned or controlled entities /t Per metric tonne m Million rsonal use only 8X Project Expansion program to bring terminal capacity to a maximum of 99.1Mtpa Mt Million tonnes AU Access Undertaking. Sets out the terms of ter
Slide 23: Disclaimer and important notices
Disclaimer and important notices This presentation has been prepared by Dalrymple Bay Infrastructure Limited ACN 643 302 032 (DBI or the Company). reasonableness of any forecasts, prospects or returns contained in this presentation nor is any obligation assumed to update such Summary Information inf
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