#1ventia ASX and NZX Release 16 November 2022 Ventia Services Group Limited ABN 53 603 253 541 Level 8, 80 Pacific Highway North Sydney NSW 2060 AUSTRALIA ventia.com Ventia Investor Day Ventia Service Group Limited (ASX: VNT) will today be holding its Investor Day. Please find attached the presentation materials. The Investor Day will commence at 8:30am (AEDT) at the Light House Gallery, Australian National Maritime Museum, 2 Murray Street, Sydney. Copies of the presentation will also be available on Ventia's website at www.ventia.com/investor- centre. This announcement was authorised by the Disclosure Committee. For further information, please contact: Investors Chantal Travers General Manager Investor Relations [email protected] +61 428 822 375 About Ventia Media Sarah McCarthy General Manager Brand, Marketing & Communications [email protected] +61 400 993 542 Ventia is a leading essential infrastructure services provider in Australia and New Zealand, proudly providing the services that keeps infrastructure working for our communities. Ventia has access to a combined workforce of more than 35,000 people, operating in over 400 sites across Australia and New Zealand. With a strategy to redefine service excellence by being client- focused, innovative and sustainable, Ventia operates across a broad range of industry segments, including defence, social infrastructure, water, electricity and gas, resources, telecommunications and transport.#2REDEFINING SERVICE EXCELLENCE 13 220 CLIENT FOCUSED INNOVATIVE SUSTAINABLE ventia Redefining Service Excellence Ventia Investor Day 16 November 2022#3VENTIA INVESTOR DAY | 2022 Disclaimer ventia ventia This presentation contains summary information about Ventia Services Group Limited (ACN 603 253 541) and its related bodies corporate (together, Ventia) and does not purport to be complete. It should be read in conjunction with Ventia's Half Year Report 2022 lodged with the ASX on 25 August 2022 and other announcements filed with the Australian Securities Exchange (ASX) available at www.ventia.com.au. This presentation contains forward-looking statements. While Ventia has prepared this information based on its current knowledge and understanding and in good faith, there are risks and uncertainties involved which could cause results to differ from projections. Nothing in this presentation should be construed as either an offer to sell or solicitation of an offer to buy or sell Ventia shares. Investors should not place undue reliance on the forward-looking statements. To the maximum extent permitted by law, Ventia gives no representation, warranty or other assurance in connection with, and disclaims all responsibility for, the accuracy and completeness of the forward-looking statements, whether as a result of new information, future events or otherwise. This presentation may include non-IFRS financial information. The non-IFRS financial information is unaudited and has not been reviewed by Ventia's external auditors. This document is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. 2#4VENTIA INVESTOR DAY | 2022 Acknowledgement of Country and Mihi Ventia would like to respectfully acknowledge the Traditional Owners and Custodians of country throughout Australia and their connection to land, sea and community. We pay our respect to them, their cultures and to their Elders past, present and emerging. He tautoko te ahurea i ngā kawa me ngā tikanga o ngā Iwi whānui o Aotearoa, me ka kawa me ka tikaka o ka Iwi whānui o Te Waipounamu. We recognise and celebrate the culture of manawhenua in Aotearoa and Te Waipounamu where our teams respect local Iwi and communities across the country. 3#5VENTIA INVESTOR DAY | 2022 Agenda ventia 600 00 000 00 9:00 - 9:20 9:20-9:30 9:30 - 9:45 Welcome & overview Financial overview Telecommunications Transport Dean Banks Stuart Hooper Mark Ralston David McPadden 9:45 - 10:00 10:00 10:40 Q&A 10:40 11:00 11:00 11:10 11:10-11:25 11:25 11:40 11:40 11:50 11:50 12:30 12:30 12.35 12:35-2:00 Break People & Safety Infrastructure Services Defence & Social Infrastructure Digital Services Q&A Closing comments Lunch & showcase Jodie Blake Tim Harwood Derek Osborn Karen O'Driscoll Dean Banks 4#6VENTIA INVESTOR DAY | 2022 Safety & health is our #1 promise It is our licence to operate 66 Healthy Minds I have learned through my experiences that mental health is not biased. It can affect the most confident and experienced person, all the way through to reserved and introverted personalities. The triggers can be minor in my view, but to the person dealing with the situation it seems insurmountable. Just listening to the person becomes very important. - Edward Djundja, Ventia Contract Manager and Healthy Minds Champion 3.93 TOTAL RECORDABLE INJURY FREQUENCY RATE (TRIFR)¹ 12 months rolling to 30 June 22 29% TRIFR REDUCTION 99 In the 12 months to 30 June 22 1. Total number of recordable injuries, divided by hours worked in millions LO 5#7ventia ventia SHOOK KLON M NIGHTER Ventia overview ba ventia Dean Banks Group Chief Executive Officer 006 6#8VENTIA INVESTOR DAY | 2022 A leading infrastructure services provider A trusted partner to our clients across Australia and New Zealand $4.9b TOTAL REVENUE FY22F1 Our footprint2,3 ~2,300 employees ~13% revenue ~950 employees ~6% revenue ~950 employees ~11% revenue ~3,000 employees ~20% revenue 400+ PROJECT SITES ACROSS AUSTRALIA & NEW ZEALAND ~2,100 employees ~15% revenue Client relationships ~4,800 employees ~23% revenue 100+ 1. FY22 forecast per Prospectus dated 26 October 2021 2. Employee headcount by geography at 30 June 2022 3. Revenue split by geography for HY22 4. Includes extension options ~50 employees ~1% revenue ~1,700 employees ~12% revenue clients 40%+ OF REVENUE FROM REGIONAL & RURAL AREAS 10+ client relationships of more than 15 years 7+ years average maximum contract tenure4 7#9VENTIA INVESTOR DAY | 2022 A diverse portfolio Expert capabilities leveraged across our four operating sectors Sector Defence & Social Infrastructure Infrastructure Services Telecommunications Transport HY22 Revenue %1 1.Pro forma services revenue, excludes other income 45% 22% 23% ventia 10% 8#10VENTIA INVESTOR DAY | 2022 Differentiating through our strategy Our strategy is to Redefine Service Excellence Safety and health is our #1 promise REDEFINING SERVICE EXCELLENCE CLIENT FOCUSED INNOVATIVE SUSTAINABLE Our people are at the heart of our success 9#11VENTIA INVESTOR DAY | 2022 Committed to sustainability Creating a lasting and positive legacy for people and planet TRECCA ventay OUR ESG TARGETS ENVIRONMENT AVEN ventia TRICCA ventia SOCIAL GOVERNANCE venha ventia HDT • • Committed to Science Based Targets initiative to set emission reduction and net zero targets 100% renewable electricity by 2030 •100% EV and hybrid fleet by 2030 Aligned to HESTA 40:40 Vision commitment • 40% female participation in senior management and all employees Retain Reconciliation Australia's Elevate RAP status Compliance with the ASX Corporate Governance Principles and Recommendations All significant suppliers compliant with our Supplier Code of Conduct • Maintain and improve systems and processes to prevent modern slavery within our diverse businesses and supply chains 10#12VENTIA INVESTOR DAY | 2022 An attractive market outlook Market growth supported by industry tailwinds Outsourced Maintenance Services addressable market size Australia & New Zealand (AU$bn)¹ FY22 - FY26 CAGR: 6.6% Market drivers 87.8 82.4 Size and growth of the asset base 77.5 11.8 73.5 68.0 8.2 64.0 64.5 63.0 9.2 12.5 6.3 7.4 37.8 Population growth 25.0 20.1 27.8 23.6 29.9 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Defence & Social Infrastructure Transport Infrastructure Services Telecommunications 1. BIS Oxford Economics (2022) Refers to the financial years ended 30 June. Numbers presented in current prices (nominal value). Increasing outsourcing rates Exposure to mega trends, including energy transition 11#13VENTIA INVESTOR DAY | 2022 Key messages A leading essential infrastructure services provider Differentiated through our people who bring our strategy to Redefine Service Excellence to life An attractive market outlook underpinned by our bid success Focus on cash backed profits to yield sustainable DOU dividend growth 12#14ventia ventia ventia Financial overview Stuart Hooper Chief Financial Officer 13#15VENTIA INVESTOR DAY | 2022 Track record of financial performance On target to deliver prospectus forecast Pro forma Total Revenue ($m) Pro forma EBITDA and Margin ($m/%) Work in hand ($bn) 408.6 4,754.5 4,803.8 4,942.6¹ 379.9 4,591.9 354.1 4,557.4 351.5 354.5 18.02 16.8 12.5 13.1 11.8 8.3% 18.3% 7.4% 7.7% 7.3% FY18 FY19 FY20 FY21 FY22F FY18 FY19 FY20 FY21 FY22F 31-Dec-18 31-Dec-19 31-Dec-20 31-Dec-21 31-Dec-22 Pro forma NPATA ($m) 171.8¹ 146.8 119.5 100.0 101.5 FY18 12 1. 2. FY19 FY20 FY21 FY22 forecast per Prospectus dated 26 October 2021 FY22 target per HY22 results presentation Pro forma Operating Cash Flow and Cash Flow Conversion ($m/%) 373.71 322.7 309.8 308.4 289.7 91.4% 87.5% 87.0% 84.9% 82.4% FY22F FY18 FY19 FY20 FY21 FY22F 14#16D Bistey ventia A stable and resilient business Client and revenue profile provides protection Revenue by client type¹ 24% Public 76% Revenue by contract profile¹ Revenue by escalation mechanism¹ 11% 11% 78% Schedule of rates Private Cost Reimbursable Fixed cost 4% 11% 21% 64% Indexation Annual Review Cost Reimbursable Short term or panel arrangement² 1. Revenue by client type, contract profile and escalation mechanism reflects HY22 pro forma total revenue 15 2. Panel arrangements relate to specific projects that are short term and individually priced, taking into account the prevailing market. conditions at the time of the tender#17VENTIA INVESTOR DAY | 2022 Capital light business model Capex targeted to remain less than 1% of total revenue Capital Expenditure ($m) Historical Forecast Pro forma Basis FY18 FY19 FY20 FY21 FY22 Maintenance 21.2 15.6 15.1 27.0 33.6 Growth 21.3 45.0 14.9 9.3 7.4 Total capex 42.5 60.6 30.0 36.3 41.0 Total Revenue 4,754.5 4,803.8 4,591.9 4,557.4 4,942.6 Capex as a % of revenue 0.9% 1.3% 0.7% 0.8% 0.8% Maintenance Capital Expenditure relates to capital investments required to replenish or replace existing plant and equipment, software and licences. Growth Capital Expenditure relates to capital investments made to deliver new contracts, support a material expansion of existing contracts and to reduce Ventia's cost base. 188 16#18VENTIA INVESTOR DAY | 2022 Investment grade balance sheet Expected natural deleveraging as EBITDA grows Interest coverage headroom of more than 13x Net debt / EBITDA metric at 1.5x Pro forma Interest Cover Ratio, improved 1.0x since HY21 15 12 13.3 12.3 10.7 HY20 HY21 HY22 Significant liquidity with >$600m in cash and undrawn debt facilities Pro forma Leverage Ratio¹, improved 0.4x since HY21 Interest cost risk mitigated, with 40% of interest hedged for three years 1. Calculated as Net Debt/ bank adjusted EBITDA 3 2 2.2 1.9 19 1.5 1 HY20 HY21 HY22 17#19VENTIA INVESTOR DAY | 2022 Disciplined capital allocation Focus on delivering cash backed profits and reliable and growing dividends 1 Business investment to generate organic growth 2 Annual dividends to shareholders 3 Fund bolt on acquisitions 4 Capital Management tool kit Targeted investment to support organic growth that meets our internal hurdles Dividends aligned to growing earnings - 60-80% payout ratio of NPATA Acquire businesses that add capability, scale or provide access to new markets and have attractive returns Consider the most accretive capital management tools for the management of excess cash, while maintaining a commitment to an investment grade rating 18#20VENTIA INVESTOR DAY | 2022 Financial outlook % Strong forecast market growth ва $ Revenue targeted to grow faster than market Diligent focus on cash backed profits High conversion of profits into dividends *** Growing shareholder dividends 6.6% Market CAGR 7-10% Average revenue growth 80-95% Cash flow conversion 60-80% NPATA payout ratio Annual distribution aligned with earnings growth 19#21ventia Telecommunications Mark Ralston Group Executive - Telecommunications 20 20#22VENTIA INVESTOR DAY | 2022 $ Fixed Networks Telecommunications Wireless & Special Coverage Solutions Operations & Services Differentiators #1 Telecommunications infrastructure provider in Australia & New Zealand National scale including regional and remote locations Revenue $0.6b HY22 pro forma (58% FY22 forecast) EBITDA $74.4m HY22 pro forma (56% FY22 forecast) Long term client relationships Diverse service offering across Telco and ICT Networks Work in hand $1.5b As at 30 June 2022 Employees ~2,000 As at 30 June 2022 Expert in-house design, build and maintain capabilities 24/7 monitoring and management of critical networks and assets 21 221#23VENTIA INVESTOR DAY | 2022 Fixed Networks A leader in the design and build of major fibre networks Fixed fibre networks and connections PERTH O DARWIN Fibre networks completed or contracted by Ventia Fibre connections completed by Ventia Proposed new fibre networks ADELAIDE MELBOURNE 0 ~50,000km of fibre designed, installed and commissioned ~6 million premises connected to fibre networks O BRISBANE SYDNEY AUCKLAND T ARPORT TOYOTA HOBART WELLINGTON A new wave of proposed fibre network builds Telstra Intercity capital fibre build 66 Ventia was selected for this contract due to their geographic scale, technical expertise and track record in managing nationwide program rollouts. Their approach to delivery partnership, which focuses on operational excellence, will support Telstra in its ambition to deploy new fibre technology. - Dean Jones, Design & Construction Executive, Telstra InfraCo 99 22 22#24VENTIA INVESTOR DAY | 2022 Wireless & Special Coverage Solutions Track record in major wireless projects and special coverage solutions Completed wireless and special coverage projects Wireless and special coverage solutions completed by Ventia 11,000+ greenfield carrier sites 300+ satellite base stations currently being deployed 800+ in-building coverage solutions completed Supporting Sydney Football Stadium redevelopment 23#25VENTIA INVESTOR DAY | 2022 Operations & Services ~1.5 million assets managed across Australia and New Zealand Telecommunication assets managed ● Telecommunication assets currently managed by Ventia 36,000+ battery systems managed 2,000+ commercial solar systems managed 40,000+ telco facilities under management ~1m smart electricity meter upgrades ventia Hybrid powered Driving change Vector smart electricity meter upgrades 24#26VENTIA INVESTOR DAY | 2022 Sustainable A commitment to people, the environment and the communities we work in ENVIRONMENT 皺 SOCIAL ENTERPRISES ventia COMMUNITY ENGAGEMENT soner We led the design and construction of the first inner-urban community battery in Australia, in partnership with the Yarra Energy Foundation. Ventia partners with Australian Spatial Analytics (ASA) who are dedicated to training and employing young people with autism. We have supported the employment of ten ASA analysts. During flooding on Australia's east coast this year, technicians who were deployed to restore nbn services, then remained to support impacted communities with the clean-up. 25#27VENTIA INVESTOR DAY | 2022 Market outlook Market tailwinds as data demands drive network investment Outsourced Telecommunications addressable market size Australia & New Zealand (AU$bn)¹ 12.5 11.4 FY22 - FY26 CAGR: 6.3% 11.8 11.2 10.9 10.2 9.0 9.2 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Telecommunications 1. BIS Oxford Economics (2022). Refers to the financial years ended 30 June. Numbers presented in current prices (nominal value) 2.2020 Defence Strategic Update Market drivers Continued growth in data demand Investment in national fibre builds Further investment in wireless infrastructure Ø O Private networks e.g. $20bn Defence ICT investment in the next decade² Network resilience and energy transition 26#28VENTIA INVESTOR DAY | 2022 Our Strategy To be the most client focused, innovative and sustainable telecommunications partner Fixed Networks Leverage our track record and expert capabilities to deliver network augmentation and build projects for existing and new clients Wireless & Special Coverage Solutions Support our clients in the delivery of wireless networks, including 5G deployment and special coverage solutions Operations & Services Combine innovation with network and asset management experience to deliver efficiencies and improve end customer service levels for our clients I 27#29VENTIA INVESTOR DAY | 2022 Summary * #1 Telecommunication infrastructure services provider in ANZ Long term client relationships Expert, in-house capabilities across telecommunications network infrastructure Market tailwinds as data demands drive network investment 20 MAC 28#30ventia O Transport ventia ventia ventia 9 David McPadden Group Executive - Transport 25 29#31VENTIA INVESTOR DAY | 2022 $ Transport Roads Motorways & Tunnels Revenue $0.3b HY22 pro forma (49% FY22 forecast) EBITDA $19.0m HY22 pro forma (52% FY22 forecast) Work in hand $4.8b As at 30 June 2022 Essential services delivered JANGEROES CLARA YEL Rail Asset management Transport Technology Intelligent transport systems Tunnel & road network maintenance Incident response & recovery Employees ~1,000 As at 30 June 2022 Minor capital works & lifecycle replacement Control room operations 30 30#32VENTIA INVESTOR DAY | 2022 Client focused Long term contracts with government agencies and blue-chip corporates mainroads WESTERN AUSTRALIA Government of South Australia Department for Infrastructure and Transport VICTORIA State Government Department of Transport North East Link: 25yrs | $1.4b Example contracts won in the past 2yrs with tenure of initial contract, extension options and value of initial contract. Transurban airtrain .com.au USBANE IBNE Transport NSW GOVERNMENT for NSW Transurban Sydney Roads Asset Performance Contract: 9+3+3yrs Sydney & Western Harbour Tunnel: 15+10+10yrs | $450m NORTHLAND TRANSPORTATION ALLIANCE ******* Auckland Transport WAKA KOTAHI NZ TRANSPORT AGENCY AT Auckland Transport West: 5+5yrs | NZ$220m 31#33VENTIA INVESTOR DAY | 2022 Building on our relationship with TfNSW Improving whole of life outcomes for the Sydney and Western Harbour Tunnels 66 TfNSW is delighted to have appointed Ventia as the Asset Manager for the Western Harbour Tunnel and Sydney Harbour Tunnel. Ventia's proposed solution, capability and demonstrated commitment to safety, sustainability and social impact were assessed as delivering the best value to the community through this innovative new model. NORTHBOUND HARBOUR TUNNEL 99 - Peter Murphy, Transport for New South Wales (TfNSW) 15yr Initial term with two ten-year extension options Highlights ~$450m Revenue in initial term +20yr Relationship with TfNSW NACE THE SARE DEURENERS 41 32#34VENTIA INVESTOR DAY | 2022 Innovative Our end-to-end transport technology capabilities support emerging client needs • Transport technology is an emerging market • Clients seeking technology that builds asset capacity Project Aardvark autonomous recovery vehicle • First electric TMA in Australia Long range acoustic device early warning detection systems Ventia has end-to-end intelligent transport system capabilities Examples ABA100 Business Innovation 2022 Winner The Australian Business Awards 2022 "We at Brisbane Motorway Services are very grateful to be recognised for the investment we have made into delivering innovative products to reduce manual handling, improve situational awareness and isolate operators in high-risk work zones. From autonomous recovery devices for broken-down vehicles to new road safety symbols, we are creating a visual canvas of safety initiatives. - Brett Simpson, Road Operations Manager, Ventia 33 333#35VENTIA INVESTOR DAY | 2022 Sustainable Delivering sustainability outcomes for our clients and communities • Achieved Infrastructure Sustainability Council (ISC) ratings ⚫ Joint Sustainability Governance Group with Transurban Building asset resilience and capacity 1. Global Real Estate Sustainability Benchmarking (Infrastructure Assessment) Examples 101 ------------- Western Roads Upgrade ISC rating Sustainability leadership ISC Modern Slavery Coalition and ISC Resilience Coalition CareerSeekers & CareerTrackers 66 Ventia is instrumental in supporting ConnectEast (EastLink) in maintaining its 5 star ESG rating from GRESB¹ for the 7th consecutive year and achieved an overall rating of 95%. As our valued partner, Ventia works closely with EastLink to support and enhance our environmental and sustainability credentials. - Charles Griplas, Chief Executive Officer and Managing Director, ConnectEast Group on the 2022 GRESB¹ results for FY21 34 34#36VENTIA INVESTOR DAY | 2022 Market outlook Stable market growth aided by increasing size and age of transport infrastructure Outsourced Transport addressable market size Australia & New Zealand (AU$bn)¹ FY22 FY26 CAGR: 2.7% 8.2 7.9 7.7 7.4 7.5 0.9 7.1 6.5 0.7 6.3 0.6 6.7 5.7 7.3 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Road Rail 1. BIS Oxford Economics (2022). Refers to the financial years ended 30 June. Numbers presented in current prices (nominal value). Market drivers Strong government investment in transport infrastructure Increasing outsourcing rates Population growth and increasing intensity of road usage Size and age of the transport asset base 35#37VENTIA INVESTOR DAY | 2022 Summary Low risk business model with long term contacts Strong client relationships supported by recent bid success Leverage existing footprint to access adjacent opportunities CG 62 GA Depth of capability and scale to meet client needs KM1 Airport Wollongong Easter Suburb 4x4 ventia TUNNEL CLOSES EXIT K NO TAG or PASS Pay at crosscity.com au or call 90 333 999 36#38ventia ven vent Ve People & Safety vontul AKING Jodie Blake Group Executive - People, Safety & Culture venta 37#39G Safety and health is our #1 promise It's our license to operate Improving our safety 29% performance TRIFR¹ reduction in 12 months to 30 June 2022 30% HIPO² reduction HY22 compared to HY21 Building our capability Industry specific 50+ training courses offered in 2022 26,000+ SHEQ³ training course completions in 2022 66 Leading the way in safety across industry WHAT'S UP? With the Hazard 2020 Campaign highlighting ongoing issues with scaffolding safety, I'm pleased to see Ventia's proactive efforts in understanding the issues relating to scaffolding and their leadership in taking immediate action. - David Denny, Federal Safety Commissioner 1. Total Recordable Injury Frequency Rate 2. High Potential Incidents 3. Safety, Health, Environment & Quality 99 38#40Our people are at the heart of our success Flexibility, expertise and diversity in our workforce F TRECCA 35,000+ 15,000+ 20,000+ Workforce Employees Subcontractors 30% Female participation 4.8% 20%+ Aboriginal & Torres Strait Islander participation¹ Māori & Pasifika participation² 50+ Graduates 150+ Aboriginal & Torres Strait Islander people employed in HY22 with support from TRECCA³ 280+ Trainees and apprentices 1. Based on a Ventia employee survey. As a percentage of our Australian workforce. 2. Based on a Ventia employee survey. As a percentage of our New Zealand workforce. 3. TRECCA is Ventia's in-house team responsible for recruitment, mentoring and pastoral care of Indigenous employees 39#41VENTIA INVESTOR DAY | 2022 Retain and attract the best and brightest Enhancing the Ventia value proposition through a range of initiatives Career development 330+ leaders participating in development programs Mental health & connection Internal talent marketplace Competitive remuneration & benefits program In-house recruitment 4,500+ hires YTD including successful mobilisations Specialised recruitment programs Temporary labour access Building leadership capability Indigenous initiatives Elevate Reconciliation Action Plan Gender diversity initiatives Social Partnerships ABCN Mentoring, Australian Spatial Analytics Community Grants Program $530k+ provided to communities Retaining Attracting Enhancing the Ventia value proposition 40 40#42VENTIA INVESTOR DAY | 2022 Managing employment relations Visibility and proactive management support our employment relations outcomes Visibility of employment arrangements Proactive workforce and union engagement Managing cost escalation • 50% of employees covered by Enterprise Agreements (EAS) and Collective EAs • 118 EAs and Collective EAs, with 30 accounting for more than 80% of our covered workforce • 13 EAs successfully negotiated in HY22 • 45% of workforce covered by EAs are locked in for 2023 1. For enterprise agreement negotiated in HY22 Embedded contract price escalation mechanisms • Average EA wage increase of 3% p.a. and tenure of 3 years in HY22¹ 41#43VENTIA INVESTOR DAY | 2022 Summary Safety and health is our #1 promise Flexibility, expertise and diversity in our workforce We retain and attract the best and brightest Visibility and proactive management support our employment relations outcomes Got up make a stand shout out E Try 42 42#44ventia Infrastructure Services Tim Harwood Group Executive - Infrastructure Services 43#45VENTIA INVESTOR DAY | 2022 Infrastructure Services Water Electricity & Gas $ Revenue $0.6b HY22 pro forma (41% FY22 forecast) EBITDA $53.7m HY22 pro forma (40% FY22 forecast) Work in hand $4.7b As at 30 June 2022 Employees ~4,000 As at 30 June 2022 Industrial Services Rig & Well Services Environmental Services Essential services delivered 24/7 support for 11,000kms of transmission line for Transpower Drilled more than 507 million metres of wells since 2010 Preventive and emergency maintenance for water utilities serving ~10 million residents Provide maintenance for 24.5 million tonnes of LNG production per year Completed 50% of complex environmental remediation projects in Australia over the past 10 years Delivered 26,000 brownfield engineering design and consulting projects 44#46VENTIA INVESTOR DAY | 2022 Business performance update Actions in place to strengthen the Infrastructure Services portfolio Recent challenges Timing and availability of work under panel agreements and shutdowns Delays in award of new work D Actions taken Greater account focus to improve insight into future works Scope and commercial challenges on a small number of contracts Enhanced the management team Increased focus on commercial management 45#47VENTIA INVESTOR DAY | 2022 Solid foundation to build from Future underpinned by long term client relationships and track record of renewals WIH representing 3.9x 2021 revenue >90% renewal rate New clients secured in past 2 years Examples of long term client relationships Example clients, length of relationship and recent extensions/renewals BHP +15yrs INPEX +5yrs Energy Queensland +17yrs Yarra Valley Water +7yrs 2yr extension Sydney Water +9yrs Transpower +25yrs 5yr renewal 46 46#48VENTIA INVESTOR DAY | 2022 Long term partnership with Transpower Delivering services to New Zealand's national electricity grid +25 year relationship with Transpower in New Zealand • • Delivering maintenance and specialist services Client focused approach and geographic scale supporting renewal for a further 5 years in 2022 • Cross sell of telecommunications services Secured four Transpower STAR Awards Safety Innovation Future of Safety Frontline Leadership Award Award Award Team Safety Award The Ventia team have supported Transpower... providing highly skilled specialist electrical and telecommunication services. Throughout this time, they have worked with us to develop innovative solutions and technologies to support working safely and sustainably in challenging conditions. - Mark Ryall, General Manager Grid Delivery, Transpower 47#49VENTIA INVESTOR DAY | 2022 Developing talent with INPEX Supporting local and Indigenous employment • • • Significant growth in scope and scale of work throughout our 5 year relationship with INPEX Provide technical trades support for campaign maintenance, turnaround and brownfield project activity 50 Indigenous employees (13% of onshore total), including 4. supervisor/co-ordinator roles A leading employer of apprentices in the NT (28), including 9 Indigenous apprentices at INPEX 66 INPEX and Ventia (TRACE) are very proud to be supporting local apprentices... Everyone from the contracting partners to our apprentices have agreed this is a win-win situation - it is creating additional capacity for local businesses and our apprentices are learning life skills. - Mark Wilson, Onshore Implementation Manager, INPEX 99 RTHERN SPORTABLE embransportatiet c 8947 4070 48#50VENTIA INVESTOR DAY | 2022 Market outlook After remaining flat FY19-21, market growth accelerating due to increasing electricity investment Outsourced Infrastructure Services addressable market size Australia & New Zealand (AU$bn)¹ FY22 - FY26 CAGR: 8.0% Market drivers 37.8 34.3 1.5 Enhancement of the regulated electricity 31.4 asset base 5.5 29.8 27.8 25.9 4.6 25.0 25.2 1.2 1.0 4.5 4.0 Development and integration of new energy generation 3.4 1.8 12.2 12.8 5.4 6.6 17.6 Ageing water infrastructure 8.6 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Water Electricity & Gas Oil & Gas Resources & Industrial Environmental 1. BIS Oxford Economics (2022). Refers to the financial years ended 30 June. Numbers presented in current prices (nominal value). Transitioning industrial infrastructure including remediation of legacy sites 49 49#51Innovation at Ranger Mine Supporting the industrial transition with innovative solutions Supporting Energy Resources of Australia with the rehabilitation of the Ranger Mine site Installing more than 40,000 wick drains to accelerate the rehabilitation process utilising a novel modular barge design Awarded a contract to drill directional wells to help manage the salt content of the water 66. Throughout closure, we will transfer approximately 90 million tonnes of waste rock material back into our remaining mined-out Pit 3 and plant more than one million native trees and grasses. - Sharon Paulka, Manager Closure, Energy Resources of Australia .99 50#52VENTIA INVESTOR DAY | 2022 Summary Diverse range of services provided to resources, industrial and utilities clients Actions in place to strengthen the Infrastructure Services portfolio A solid foundation underpinned by client relationships and track record of renewals Partnering with clients in their energy and industrial transition to support growth ventia#53ventia Certified UAV Pilot Defence & Social Infrastructure Derek Osborn Group Executive - Defence & Social Infrastructure 52 52#54VENTIA INVESTOR DAY | 2022 Defence & Social Infrastructure Defence Social Infrastructure Local Government Property Critical Infrastructure $ Prime services integrator for large and complex asset and infrastructure portfolios Revenue $1.1b HY22 pro forma (54% FY22 forecast) EBITDA $75.1m HY22 pro forma (55% FY22 forecast) Work in hand $6.3b As at 30 June 2022 Employees ~8,000 As at 30 June 2022 о ~200 sites across Australia & New Zealand 0 8 0 ~50% of employees in regional & rural areas • Top 5 Prime contractor to Australian Defence Force Manage 60,000+ social housing units in NSW Support 39 Commonwealth Government agencies across 650 properties • Largest private firefighting unit in Australia • Support 4,600+ SA Government locations • Leading Government, health & education facilities manager 53#55VENTIA INVESTOR DAY | 2022 Delivering essential services for critical assets Managing end-to-end programs, at scale, across the asset and operations lifecycle Critical assets we manage LAND MANAGEMENT WATER ASSETS DIGITAL & DATA SOLAR MILITARY RANGE SPORTING FACILITY FUEL FACILITY AIRFIELD ELECTRICITY TELECOMMUNICATIONS FIREFIGHTING HEALTH OFFICE BUILDINGS HOUSING EDUCATION Essential services delivered Asset management Facilities management Operational services Program and project services MARITIME Property services Energy security and sustainability 54 =4#56VENTIA INVESTOR DAY | 2022 Client focused Focus on social licence drives alignment with clients and supports bid success • Social licence is a differentiator • Long term client base → knowledge, trust and insights • Continued bid success and client satisfaction Examples ventia TRECCA team supporting at the Santos Aboriginal Power Cup 2022 Australian HR Institute Awards 2021 & 2022, Disability Employment Award finalist 아 66 It is an absolute pleasure to work with Ventia on the Aspire Schools project... Ventia's client focus is clear in the way they collaborate with us, with our school communities and with our communities to deliver great results. - Andrew Jones, Investment Director, AMP Capital 55#57VENTIA INVESTOR DAY | 2022 Innovative Track record of delivering innovation in service delivery to improve client outcomes • • Single enterprise-wide technology platform Track record of delivering innovation Integrated capabilities Examples CONCE AUSTRALIAN DEFENCE INDUSTRY AWARDS WINNER DEFENCE INNOVATOR OF THE YEAR 2022 Hase Services Contractor Innection of the Year Defence Innovation Award Winners Austin Health IoT monitoring driving increased asset availability 66 Ventia are problem solvers and drive a culture of continuous improvement. As an organisation, Ventia believes that innovation isn't the responsibility of a single sector or unit, but ensures that every employee has opportunities to contribute game-changing ideas that can lead to innovative solutions. - Allison Norris, Director General Estate Services Delivery, Department of Defence 56#58VENTIA INVESTOR DAY | 2022 Sustainable Large scale energy and environmental programs, delivered by our talented workforce Examples Energy security and emissions reduction Environmental, sustainability and waste focus Award winning, talented and diverse workforce Asset Management Sustainability Award for our LED energy solutions 66 ventia SHREY Waste to Biofuel uniform recycling The collaboration with Ventia saw us deliver an innovative solution for textile destruction that will ultimately help us create a healthier planet. - Dale Manley, National Contracts Manager, Veolia 57 57#59VENTIA INVESTOR DAY | 2022 Market outlook Market growth driven by investment in defence, social infrastructure and the energy transition Outsourced Defence & Social Infrastructure addressable market size Australia & New Zealand (AU$bn)¹ FY22 - FY26 CAGR: 6.1% Market drivers 29.9 29.0 27.6 26.0 5.1 23.6 21.7 20.8 20.1 4.0 3.3 16.9 19.6 Geopolitics driving defence investment Population growth ГОР and demographics Social infrastructure investment post pandemic 24.8 R Energy transition FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Social Infrastructure Defence 1. BIS Oxford Economics (2022). Refers to the financial years ended 30 June. Numbers presented in current prices (nominal value). G Ageing infrastructure base Increasing outsourcing rates Natural disaster and humanitarian response Growing technology expectations 58 59#60VENTIA INVESTOR DAY | 2022 Summary 32 Prime services integrator to large and complex asset and infrastructure portfolios Delivering end-to-end programs, at scale, across the asset and operations lifecycle We differentiate through our strategy to Redefine Service Excellence Market growth driven by investment in defence, social infrastructure and the energy transition FLAM vent 59#61ventia XIZNA Vene Digital Services Karen O'Driscoll Group Executive - Digital Services 60 60#62VENTIA INVESTOR DAY | 2022 Single enterprise-wide platform We differentiate through our cloud based, scalable and robust platform SAP Cloud Single enterprise- wide platform Cloud based Automated and scalable • Built-in intelligence Capital Projects NOVUS-CATS-P6 • Onshore support •⚫ Client data protection Embedded security controls Sales/Pipeline Platform Flexible User Experience Layer Client Portal, Sub-contractor Portal and Mobility Solutions High Volume and Maintenance Services SAP-Click HVS SAP Extension Velrada - Camp Management Genesys Contact Centre Solution SAP Work Order Management Engine salesforce SAP Microsoft Procurement and Subcontractor Management SAP Ariba SAP Fieldglass SAP Concur C SAP HR SAP SuccessFactors HELIX Data Analytics Platform API Integration Hub Asset Management ASSETVISION maximo Safety, Quality & Compliance VenSafe VenCentral Ventia Compliance Management Enterprise Core Layer Work Management Engine Works and Asset Management SAP Other Easy to use and flexible front end Ease of use for clients, subcontractors and employees • Adaptable to client needs Data and analytics platform Insights for real-time decision making Internal and external data collation • Provision of analytics tools and training academy 61 19#63四 Ms Field Mobile Solution 5,000 employees & 15,000 sub-contractors 4M Work orders per annum 5M Assets under management Machine Learning and Al Sub-contractor recommendation engine BOO IoT Devices 40,000 devices Service Request App 10,000 client users 1.4Bn measurements per annum Drones 50+ drone pilots with 2,000+ hours of flight experience VENTIA DATA ENGINE Cloud SAP BI SAP Platform SAP Ariba SAP Concur SAP Fieldglass SAP SuccessFactors Microsoft Microsoft Azure Power 3 salesforce Real-time operational insights Ventia Operations Centre 1.5m calls triaged & managed per annum Digital Twins Defence Metabase. Real-time, visual information to support asset planning and management DATAACCESS REQUIREMENTS *Real-time transparency ⚫for clients Underpins a collaborative outsourcing model ect Management Overv .LL. 62 62#64VENTIA INVESTOR DAY | 2022 Partnering to accelerate innovation Finding smarter ways and continuing to evolve Artwork by: Monique Rennie, Outreach and Engagement Coordinator Satellite inspections aws ☑ Moonshot Acknowledgement of Country app solution Supporting our commitment to Indigenous inclusion aws The Ventia-verse Simplifying and personalising the way we work Google Microsoft BOURNE DIGITAL SAP Telstra Purple To reduce latency of inspections 63 63#65VENTIA INVESTOR DAY | 2022 Summary Scalable enterprise-wide platform enables growth Flexible front end provides customer focus Data and analytics platform drives performance >>>>> Partnering to accelerate innovation Telstra TIF-M 64#661000000000 Ventia For when it's essential. ventia