Slide 1: FY26 Results Investor Presentation
For personal use only FY26 Results Investor Presentation AUGUST 2026 Todd Scott CHIEF EXECUTIVE OFFICER John Gardiner CHIEF FINANCIAL OFFICER (INTERIM) SciDev Ltd (ASX:SDV) | FY26 Results Investor Presentation
Slide 2: FY26 Results
FY26 Results 2H Earnings Recovery, Stronger Balance Sheet, Refocused Strategy for Growth For personal use only REVENUE EBITDA UNDERLYING NET CASH $85.5m $3.6m $6.8m FY25 $103.4m | -17% FY25 $7.1m | -49% FY25 $6.3m | +$0.5m RECURRING REVENUE EBITDA REPORTED OPERATING CASHFLOW (UNDERLYING) 38% -$1.1m
Slide 3: FY26 Highlights
FY26 Highlights Strategic wins across Mining and Data Centres, and decisive action on underperforming operations Strategic Initiatives Financial For personal use only Water Solutions ▪ Water Solutions delivered record revenue ($48.3m) and record underlying EBITDA ($4.2m)2. ▪ $19.5m Rum Jungle contra
Slide 4: 2H Earnings Recovery
2H Earnings Recovery Cost-out actions and Rum Jungle delivery drove a strong second-half turnaround A$ million 1H FY26 2H FY26 Change Revenue (A$m) EBITDA (A$m) For personal use only Revenue 47.9 37.6 -21% 2.5 47.9 Underlying EBITDA 1.1 2.5 +132% 37.6 Underlying EBITDA Margin 2.3% 6.7% +4.4ppt 1.1 1
Slide 5: Financial Performance
Financial Performance For personal use only
Slide 6: Key Financial Metrics
Key Financial Metrics Two factors explain the full-year EBITDA variance; all other areas of the business improved A$ million FY26 FY25 Change Negative Drivers For personal use only ▪ Energy Services — xSlik® contract loss (-$8.6m EBITDA vs FY25): Revenue 85.5 103.4 -17% The loss of a key contract fo
Slide 7: Earnings Bridge: EBITDA Underlying
Earnings Bridge: EBITDA Underlying Record Water Solutions earnings and lower corporate costs, more than offset by xSlik® contract loss use only 14.0 1.6 12.0 3.6 10.0 For personal A$ million 8.0 7.1 6.0 4.0 3.6 -8.6 -0.1 2.0 0.0 FY25 Water Solutions Corporate Energy Services Water Technologies FY26
Slide 8: Results by Business Unit
Results by Business Unit Water Solutions delivered record earnings; Energy Services absorbed the xSlik® contract loss Revenue Revenue EBITDA EBITDA A$ million FY26 Revenue Mix by BU For personal use only FY26 FY25 FY26 FY25 Water Solutions 48.3 42.6 4.2 0.6 1% Water Solutions Energy Services 36.6 60
Slide 9: Water Solutions
Water Solutions Record revenue and earnings A$ million FY26 FY25 Change Key Drivers For personal use only Process Chemistry Process Chemistry 27.3 26.1 5% ▪ Driven by large-scale tunnelling infrastructure projects and multi- year mining contract renewals. Water Technologies (APAC) 21.0 16.5 27% ▪ Im
Slide 10: Energy Services
Energy Services xSlik® contract loss, CatChek® resilience, and a new partnership provide a platform to rebuild A$ million FY26 FY25 Change Key Drivers For personal use only ▪ Revenue decline primarily reflects the loss of the premium xSlik® Revenue 36.6 60.2 -39% friction reducer contract, flagged a
Slide 11: Balance Sheet & Cashflow
Balance Sheet & Cashflow Net cash rebuilt through second-half cash generation and capital discipline A$ million FY26 FY25 Change Cashflow For personal use only ▪ $6.0m in underlying operating cash flow, driven by higher 2H EBITDA, Working Capital 11.6 12.1 -4% Rum Jungle receipts, and the reversal o
Slide 12: Recurring Revenue
Recurring Revenue Recurring revenue continues to climb, improving the quality of earnings Commentary For personal use only Recurring Revenue (% of Total Revenue) ▪ In FY26 recurring revenue reached 38% of total revenue. 35 40% ▪ These revenues include long-term O&M and BOO contracts for 35% engineer
Slide 13: Strategy & Outlook
Strategy & Outlook Building an integrated water solutions platform in For personal use only markets where SciDev has a right to win
Slide 14: Right to Win: Platform for Growth
Right to Win: Platform for Growth Building an integrated water solutions platform, targeting markets with a genuine right to win FOCUS MARKETS For personal use only Utilities & Energy Mining Data Centres Infrastructure Services Water Solutions SOLUTIONS PLATFORM Data & Optimisation High-Value Chemis
Slide 15: Market Opportunity
Market Opportunity A large, growing, and under-optimised market supports a multi-year growth runway Key Figures use only Water Solutions (Australia) Addressable Market1 ▪ $2.2bn Water Solutions addressable market in Australia in 2026, 7.0 across Mining, Utilities & Infrastructure, and Data Centres.
Slide 16: Strategic Reset: Progress Against the Plan
Strategic Reset: Progress Against the Plan Delivering on the five-point plan presented at the June 2026 Investor Day Clear diagnosis of underperformance Complete For personal use only 1 FY26 results reflect the full impact of the issues identified Strategic refocus on ‘right to win’ markets Underway
Slide 17: FY27 Priorities
FY27 Priorities Three priorities underpin the FY27 plan MARKETS For personal use only 1 2 3 Cross-Sell into Establish and Grow Stabalise Energy Mining Client Base Data Centre Position Services Align commercial teams to cross- Build on first hyperscale contracts Stablise for current weaker market sel
Slide 18: FY27 Outlook
FY27 Outlook A growing order book across Mining and Data Centres Water Solutions Energy For personal use only Mining ▪ Market backdrop: market activity remains sluggish, although increasing frac spread counts are lifting optimism. ▪ Engineering: completion of Rum Jungle contract (~50% of revenues re
Slide 19: Management Team
Management Team For personal use only Todd Scott John Gardiner Heath Roberts Lily Lewis Chief Executive Officer Chief Financial Officer General Counsel Head of Interim & Company Secretary People & Culture Jamiel Muhor Ronan Duffy Chris Dartez Head of Head of Head of Process Chemistry Water Technolog
Slide 20: Questions
For personal use only Questions
Slide 21: Appendix
For personal use only Appendix
Slide 22: Supplemental Information: Group Financial Data
Supplemental Information Group Financial Data A$ ‘000 FY23 FY24 FY25 FY26 For personal use only Profit & Loss Revenue 89,841 109,236 103,386 85,530 EBITDA Reported 3,916 8,844 6,192 -1,100 EBITDA Underlying 4,080 8,844 7,130 3,602 EBIT Reported 408 4,752 2,024 -5,313 EBIT Underlying 572 4,752 2,962
Slide 23: Supplemental Information: Divisional Data
Supplemental Information Divisional Data A$ ‘000 FY23 FY24 FY25 FY26 For personal use only Water Solutions1 Water Technologies 11,972 22,541 16,910 21,468 Process Chemistry 21,292 25,289 26,077 27,302 Revenue 33,264 47,830 42,987 48,770 Water Technologies 850 -1,421 -2,752 -156 Process Chemistry 992
Slide 24: Supplemental Information: Abnormal Items
Supplemental Information Abnormal Items A$ ‘000 FY25 FY26 For personal use only ISO asset rectification 0 637 Restructuring including redundancies 0 1,030 UK subsidiary wind-down costs 0 190 Impairment of intangible assets 0 2,845 Transaction costs including due diligence 938 0 Total 938 4,702 SciDe
Slide 25: Right to Win
Right to Win: Selected markets are high growth and where SciDev has a differentiated advantage Water Solutions - Market Selection Water Solutions – Forecast Market Growth1 Market Attraction Right to Win 7.0 ▪ A large base of existing For personal use only Established & growing, driven clients for cr
Slide 26: Markets - Mining
Markets - Mining Service of a small firm, supply chain of a global player, with untapped potential of a large client list Right to Win Engineering Chemistry Data & Optimisation Established client base to cross-sell ▪ A large base of blue-chip miners already buying engineering ✓ ✓ or chemistry, but
Slide 27: Markets – Mining: JV with Nuoer Group
Markets – Mining JV with Nuoer Group creates the ability to compete at a global scale Right to Win Current Global Sales and Tenders Strategic Supply Access ▪ Access to established manufacturing capability and diversified supply pathways supporting competitive and For personal use only reliable marke
Slide 28: Markets - Utilities & Infrastructure
Markets - Utilities & Infrastructure Two complementary markets: recurring municipal treatment & high-value infrastructure projects Right to Win Complementary markets 2 PFAS PFAS treatment (utilities) ▪ Established market leader through proven FluorofIX & TECH RegenIX PFAS removal and advanced treatm
Slide 29: Markets - Data Centres
Markets - Data Centres Proven experience offshore to be replicated in Australia Right to Win Growing Problem: Data Centre consumption of Sydney's water supply 20% 10 Experience ▪ Team brings to SciDev, 10 years of Data Centres experience 18% 15 to 20% For personal use only YEARS delivering water rec
Slide 30: Markets - Data Centres: HydraCool Solution
Markets - Data Centres HydraCool Solution For personal use only 30
Slide 31: Markets – Energy
Markets – Energy Differentiated, field-validated chemistry, delivering measurable oil & gas production uplift Right to Win CatChek Proprietary Chemistry 90% CatChek: Category Leader ▪ The category leader in Clay Control, a proprietary 78.0% 80% −41% water cut multifunctional surfactant system addres
Slide 32: Disclaimer
For personal use only Disclaimer FORWARD-LOOKING STATEMENTS DISCLAIMER THIS PRESENTATION MAY CONTAIN CERTAIN ‘FORWARD-LOOKING STATEMENTS’ WITH RESPECT TO THE FINANCIAL CONDITION, RESULTS OF OPERATIONS, AND BUSINESS OF SCIDEV LIMITED AND CERTAIN OF THE PLANS AND OBJECTIVES OF MANAGEMENT. FORWARD-LOOK