#1CIVMEC Engineering Success Investor Presentation FY23 Q3 Results mantra hotel SUMMER'S BELTER FROZEN SYDNEY NO SYLIND To Rickdale C International Terminal DANTAS BASE FEFE FOR LASE#2MEC CIVMEC Engineering Success Who We Are Civmec is a multidisciplinary heavy engineering and construction company, providing a broad suite of high-quality, integrated services to the Energy, Resources, Infrastructure, Marine and Defence sectors. CMEC CONSTRUCTION » Site Earth Works >> Structural Concrete Works » Structural, Mechanical and Piping (SMP) » Electrical, Instrumentation and Control (EIC) MANUFACTURING » Shipbuilding » Modularisation >> Heavy Engineering >> Precast and Prestressed Concrete MAINTENANCE AND CAPITAL WORKS >> Refractory >> Rope Access » Industrial Insulation >> SMPE&I Maintenance CIVMEC INVESTOR PRESENTATION CO-MICG 388 CIMEC building WAY#3CIVMEC INVESTOR PRESENTATION Q3 FY2023 CIVMEC Engineering Success Operating Sectors ENERGY RESOURCES INFRASTRUCTURE, MARINE AND DEFENCE PAGE 3#4CIMEC CIVMEC CIVMEC Engineering Success ને ક Our Facilities CHMEC Port Hedland Henderson WA CIVMEC INVESTOR PRESENTATION Q3 FY2023 WA NT Gladstone QLD CIVMEC SA NSW Newcastle PAGE 4#5CIVMEC Engineering Success West Coast Facility HENDERSON Western Australia Assembly Hall MEC CMEC Main Office Our west coast fabrication and shipbuilding facility in Henderson, Western Australia, is the largest heavy engineering facility of its kind in Australia. OVERVIEW Situated just 30 kilometres south of Perth, the facility is strategically located on 200,000m² of land with direct waterfront access in the Australian Marine Complex (AMC) precinct. The AMC also provides access to a further 440,000m² of Common User Facility (CUF) land. With more that 100,000m² of undercover area the facility includes: Fabrication Hall Blast & Paint 2 Blast & Paint 1 Receivables Exotic Metals CIVMEC Pipe Cutting & Bevelling Gate House 1 • Site Support Logistics Gate House 2 Multi-level Carpark • 53,000m² (usable floor area) assembly hall 29,300m² fabrication hall Two surface treatment (blast & paint) facilities, including one specifically capable of housing large material handling equipment and integrated modules. Two exotic metal facilities Site support logistics workshop Multi-storey main office building CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 5#6NEWCASTLE New South Wales Precast/Prestressed Concrete Facility Module Surface Treatment Facility Heavy Engineering Workshop CIVMEC INVESTOR PRESENTATION Q3 FY2023 CIVMEC Engineering Success East Coast Facility Offices Our east coast facility is strategically located on 227,000m² of land, just 14 kilometres from the Port of Newcastle in New South Wales OVERVIEW With direct access to the Hunter River, the site offers 535m of prime river frontage, with two ship basins. The facility includes: 15,000m² heavy engineering workshop 7,500m² precast/prestressed concrete facility Surface treatment facility Offices Serviced by 24 overhead cranes, the facility has a single-lift capacity of 92 tonnes. The facility is capable of producing a throughput of 35,000 tonnes of steel per annum and can accommodate modules up to 22m wide and 136m in length. PAGE 6#7GLADSTONE Queensland CIVMEC INVESTOR PRESENTATION Q3 FY2023 CIVMEC Engineering Success Gladstone Facility CIVMEC Set on around 3,000m² of land, our Gladstone facility is well positioned for our east coast shutdown and maintenance teams. The Port of Gladstone is the fifth largest multi-commodity port in Australia. OVERVIEW Our Gladstone facility is well-positioned for east coast shutdown and maintenance teams with a large workshop, laydown area, office, and extensive equipment on site. Close proximity to Energy and Resources clients in north east Australia for rapid mobilization. The facility includes a 1,000m² workshop with overhead crane, 1,500m² laydown area, and office space. Supports major and minor works across Queensland, including fabrication, pipe fitting, coded welding, mechanical repairs, scaffolding, insulation, surface treatment, and refractory. PAGE 7#8CIVMEC Engineering Success Port Hedland Facility PORT HEDLAND Western Australia (CIVMEC) CIVMEC INVESTOR PRESENTATION Q3 FY2023 CIVME OME The new Port Hedland facility is located on 50,000 m² of land in the Wedgefield industrial area of Port Hedland. OVERVIEW • • Construction is underway in Wedgefield for a 5,000m² workshop and office development. Services will include: structural repairs/ modifications and fabrication solutions, rotable services and specialized fabrication (heavy structural welding). The Office facility will allow for technical, logistical, and administrative support for project and maintenance operations in the Port Hedland area. This new facility will provide cost and efficiency benefits for Energy and Resources clients in northwest Western Australia, whilst working in synergy with our Henderson headquarters. PAGE 8#9TEREX TEREX TEREX TEREX TEREX TEREX TEREX TEREX CIVMEC INVESTOR PRESENTATION OXLEY2023 CIVMEC Engineering Success Financial Highlights CIVMEC 9#10CIVMEC Engineering Success Financial Highlights ✰ 9M REVENUE A$606.6m 4.2% increase from 9M FY22 EBITDA A$80.4m 21.4% increase from 9M FY22 ✰ NPAT A$42.9m 23.4% increase from 9M FY22 ✰ NPAT MARGIN 7.8% for Q3 FY23 and 7.1% for 9M FY23 CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 10#11CIVMEC Engineering Success Financial Highlights EARNINGS PER SHARE (A$ cents) 2.89c Q3 FY23 up from 2.42c Q3 FY22 NET ASSET VALUE PER SHARE (A$ cents) 80.05c at Q3 FY23 up from 73.92c at FY22 CASH GENERATED FROM OPERATIONS (A$) $67.7m 9M FY23 up from $13.9m 9M FY22 CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 11#12CIVMEC Engineering Success Strong Performance Q3 Q3 9M A$ million FY23 FY22 Change FY23 9M FY22 Change Revenue $187.8 $192.9 -2.7% $606.6 $582.3 4.2% EBITDA $27.4 $23.0 19.4% $80.4 $66.2 21.4% NPAT Net Profit Margin Cash Generated from $14.6 $12.1 20.2% $42.9 $34.7 23.4% 7.8% 6.3% 1.5 pp 7.1% 6.0% 1.1 pp $67.7 $13.9 387.1% 80.05c 73.92c+ 8.3% Operations Net Asset Value per Share (A$ cents) Earnings per Share 2.89c 2.42c 19.4% 8.49c (A$ cents) Order Book *: at 30 June 2022 CIVMEC INVESTOR PRESENTATION Q3 FY2023 6.92c 22.7% $1,189 (31 Mar) $1,178 (31 Dec) 0.9% PAGE 12#13A$m 800 CIVMEC Engineering Success Continued Strong Performance Revenue FY22 FY21 600 FY19 FY20 400 200 A$m 50 40 40 30 50 20 20 10 FY19 0 0 FY19 9M FY20 9M FY21 9M FY22 9M FY23 9M A$m 100 80 60 60 EBITDA FY21 FY22 FY20 NPAT FY22 FY21 FY19 9M FY20 9M FY21 9M FY22 9M FY23 9M (A$ cents) 3.0 2.5 2.0 1.5 Dividend per share FY21 FY22 40 40 FY20 FY19 1.0 10 FY20 FY19 20 20 0.5 0 0 FY19 9M FY20 9M FY21 9M FY22 9M FY23 9M FY19 9M FY20 9M FY21 9M FY22 9M FY23 9M CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 13#14COUNVESTON BESENTATION Q3 FY2023 CIVMEC Engineering Success Outlook for Growth PIS PAGE#15CIVMEC Engineering Success Engineering Success Future Growth Opportunities Civmec has a proven track record of performance and delivery. We have developed world class facilities and plan to capitalise on these during forecast strong market conditions. Order book of A$1.2 billion. Tendering activity across all sectors remains buoyant for FY24 and beyond. Engagement with new and existing clients on future projects is strong. Publicly available information continually indicates that the opportunity pipeline is increasing across Australia for the medium term, well in excess of A$330B previously disclosed. Current high level of client satisfaction with Bridge construction progress across NSW and WA. Traction being gained with increased scopes and new clients across Maintenance, notably with term agreements. Increased capacity to address resource constraints with streamlined immigration processing and overseas people sourcing. CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 15#16CIVMEC Engineering Success Defence Strategic Review A$8B Regional Investment Growth opportunities Release of the Defence Strategic Review • • On the 24 April the Albanese Government released the public version of the Defence Strategic Review, the Government's response to the Review, and the National Defence Statement 2023. Mr Albanese commented, "The Government will continue to invest in our capabilities and our relationships to help build a more secure Australia and a more stable and prosperous region." Civmec's Henderson site, which is positioned along side a further A$8B redevelopment of HMAS Stirling and it's surrounding facilities is a strategic advantage. • Knowledge and experience gained throughout the ongoing OPV contract is critical in future reviews and opportunities. • The Henderson Precinct, plays a crucial role with regard to naval sustainment, maintenance and upgrade of our naval vessels, as well as the construction of smaller surface vessels. Government has agreed "LAND 8710 Phases 1-2 - Army Littoral Manoeuvre Vessels (Landing Craft Medium and Heavy) should be accelerated and expanded immediately". CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 16#17CIVMEC Engineering Success Maintenance & Capital Works Growth opportunities Major Shutdowns, Pre-shutdowns & Maintenance • Civmec Rope access teams were engaged to provide an innovative access solution at Covalent Lithium plant, as well as across many sites providing significant access efficiencies. • Our maintenance and shutdown team continue to go from strength to strength at Roy Hill with our largest shutdown to date currently underway. • The service offering is also expanding to include scaffolding, rope access, specialist mechanical services and NDT (Non destructive Testing). NT Port Hedland Port Hedland QLD Gladstone Gladstone • Pre works are currently under way at QAL for a significant up coming shut down. Full multidisciplinary services including; mechanical, scaffold, refractory, cranage, and fabrication. Henderson WA WA SA NSW Newcastle Newcastle VIC CIVMEC INVESTOR PRESENTATION Q3 FY2023 Existing client projects Opportunities for growth & expansion with recent term agreement awards PAGE 17#18CIVMEC Engineering Success Lithium Leading the Energy Transition Growth opportunities New Energy Projects • Civmec continues to provide services to the energy transition and renewables market. • Three contracts have been secured on trains 3 and 4 of Albemarle's Kemerton Lithium Refinery. These contracts are for civil works onsite and offsite manufacture of 25 carbon steel tanks and eight kilns. • Civmec is well positioned to continue a diversified portfolio of new energy project work. Civmec has acquired knowledge and experience of new technologies that enable us to assist and offer decarbonisation pathways for our client projects and future energy solutions. • Renewables and new energy projects set to increase year on year. Albemarle prepares for Kemerton plant expansion Abe has anting only allocet with fibe to androging 25 min acco Q FINANCIAL REVIEW Newsfeed ungan benapproved with an expansion Companies M Print article Lithium giant looks to double down in WA The New Yoh Sak Exchange dman 1.000 tonnes per annum of ithium hydrodeance operacional 2025 2022 Ademar contra vices conary Meta Out and the cons Brad Thompson Reporter May 2, 2023-5-24 Save Share CIVMEC INVESTOR PRESENTATION Q3 FY2023 wit the company was the show our era ne deler su The value of the proposed via to beat Parrow 305 would nude 200 of our chan andalone delings for visiting management and acutica Chile-based lithium heavyweight SQM intends to double down on what is already a multibillion-dollar investment in Western Australia alongside Wesfarmers. SQM's appetite for boosting the size of the Mt Holland lithium project in Western Australia comes as it prepares for talks with the Chilean government on moves to nationalise production of the battery material in the South American country, PAGE 18#19CIVMEC Engineering Success Government Infrastructure Growth opportunities Bridges • Civmec continues to provide services to the Government Infrastructure sector. • These projects include the delivery of bridge girders for several Transport for NSW projects including the Sydney Gateway project near Sydney airport. • Civmec have significantly advanced the design and engineering and has commenced the on-site construction of the Causeway Pedestrian and Cyclist Bridges Project, a contract being delivered together with Civmec's construction and engineering partners as well as Main Roads Western Australia. • The company has been awarded a fabrication package to support the replacement of a flood damaged bridge in WA. CIVMEC INVESTOR PRESENTATION Q3 FY2023 QANTAS To Rockdale OSE MRC450T International Terminal QANTAS BASE CMEC PAGE 19#20FLEM-100 PORT REA CIVMEC INVESTOR PRESENTATION Q3 FY2023 CIVMEC Engineering Success Our Projects Update TH11 MAN-200 PORT CIVMEC TR-2 PFL FLET-100 FORE PAGE 20#21Project Locations ENERGY PROJECT RESOURCES 18 Port Hedland WA 9 20 24 Gladstone 13 QLD 18 4 16 14 17 Henderson WA 15 INFRASTRUCTURE, MARINE AND DEFENCE 11 Newcastle NSW CIVMEC CLIENT/OWNER LOCATION PROJECT CLIENT/OWNER LOCATION Subsea7 executed 13 1 Scarborough Project - subsea structures by Subsea Henderson, WA Site engineering panel, maintenance and upgrades BHP TAS Pilbara, WA Integration Alliance 14 Maintenance works Fortescue Metals Group Pilbara, WA 2 3 SCMS Project - manifold and foundations Five-year term agreement, with two one- Baker Hughes for Henderson, WA Chevron 15 year extension options 4 Western Range Project Woodside Energy Rio Tinto Henderson, WA Paraburdoo, WA 16 5 Kemerton Lithium Project Albemarle Lithium 6 Nelson Point Car Dumper 3 (CD3) BHP Replacement Project Kemerton, WA Henderson, WA Maintenance and capital works at Boddington gold mine Mechanical and maintenance work to support shutdowns Maintenance and refractory term contract 17 for Boyne Island Smelters (BIS), Yarwun Refinery and Weipa Newmont Boddington, WA Queensland Alumina Limited Gladstone, QLD Rio Tinto Gladstone and Weipa, QLD 7 Port Debottlenecking Project Stage One (PDP1) civils and bulk earthworks BHP 8 Lithium Refinery Project Covalent Lithium 9 Iron Bridge Magnetite Project - SMPE&I Iron Bridge JV (IBJV) Pilbara, WA Kwinana, WA Marble Bar, WA 18 Maintenance agreement for shutdown and maintenance support services for fixed plant assets across the Roy Hill Port (Facility) and PSA (Mine) Roy Hill Pilbara, WA 19 Maintenance agreement for Greenbushes mine site Talison, Lithium Greenbushes, WA 10 Iron Bridge Magnetite Project - Iron Bridge JV (IBJV) Henderson, WA module fabrication CV truss and trestles 11 Dumper tray bodies 12 Calciner maintenance, major overhaul and repair services CIVMEC INVESTOR PRESENTATION Q3 FY2023 DT Hiload, Duratray International Pty Ltd, and Austin Engineering Alcoa Australia 20 Yara Fertiliser Plant - pre-turnaround work Newcastle, NSW 21 Pinjarra, Wagerup and Kwinana, WA SEA 1180 Offshore Patrol Vessel Program 22 Causeway Pedestrian and Cyclist Bridges Sydney Gateway Project SB31 Bridge and Viaduct 22 23 24 Civmec Port Hedland Facility Construction Yara Fertilisers Luerssen Australia Main Roads WA Transport for NSW Civmec Pilbara, WA Henderson, WA Perth, WA Newcastle, NSW Port Hedland, WA PAGE 21#22CIVMEC Engineering Success Project Snapshot Energy SCMS Project CIMEC TW-PFL 1377 FLEM-100 FORE 12725 https://seawanderer.org/baker-hughes-to-deliver-scms-for-chevron-subsea-compression-project CIVMEC INVESTOR PRESENTATION Q3 FY2023 CLIENT Baker Hughes LOCATION Henderson, WA DURATION 2022 - 2024 OVERVIEW Civmec will deliver sub-sea modules to be integrated into Chevron's Jansz-lo Compression SCMS Project. The project consists of a separate retrievable manifold module (SCMS Module), a mudmat foundation structure for the manifold module and a separate retrievable manifold module (SSPLR). The SCMS will be located in approximately 1,400m water depth in the Jansz-lo gas field located around 200 kilometres offshore the northwestern coast of Western Australia. PAGE 22#23CIVMEC Engineering Success Project Snapshot Resources Covalent Lithium Project TEREX TERES CIVMEC CIVMEC INVESTOR PRESENTATION Q3 FY2023 CLIENT Covalent Lithium Pty Ltd LOCATION Kwinana Western Australia DURATION mid 2022 2024 OVERVIEW The refinery will be located in Kwinana, Western Australia, near Civmec's facilities in Henderson. The refinery will convert lithium concentrate into high-purity lithium hydroxide monohydrate. The scope of work includes: structural and piping fabrication, SMP erection, refractory lining, insulation, and E&I installation works. The refinery is expected to recover 75% of lithium in spodumene concentrate, producing 50,000 tonnes of battery-quality lithium hydroxide per year. This amount of lithium hydroxide will enable production of approximately one million electric vehicles annually, supporting a greener future by reducing reliance on fossil fuels. PAGE 23#24CIVMEC Engineering Success Project Snapshot Resources Western Range CIVMEC INVESTOR PRESENTATION Q3 FY2023 CLIENT Rio Tinto LOCATION Paraburdoo, Pilbara region Western Australia DURATION mid 2023 mid 2025 OVERVIEW This iron ore project includes Greenfields and Brownfields scope with the construction of a new Run of Mine (ROM) pad, primary crushing facility, overland conveying circuit and modifications to the Coarse Ore Stockpile (COS) and downstream conveying system. To tie into the existing plant, the Brownfields scope includes extensive modifications to the current Paraburdoo COS and downstream conveying system. This includes addition of new feed points at the COS, new ore transfer equipment, conveyor replacements, conveyor upgrades, drive replacements and a range of other general modifications to receive the new ore stream. PAGE 24#25CIVMEC Engineering Success Project Snapshot Infrastructure Causeway Pedestrian & Cyclist Bridges CLIENT Main Roads WA (MRWA) LOCATION Perth, WA DURATION April 2022 Late 2024 OVERVIEW The project comprises two cable-stayed bridges and approach embankments and connects Victoria Park foreshore with Heirisson Island and the Perth CBD. The completed bridges will be approximately 1,000 metres long and 6 metres wide. The scope includes the completion of the architectural and engineering design; fabrication and transportation to site of approximately 1,500 tonnes of complex steel structures; ground preparation, earthworks and piling for approach embankments; in-river works, including piling, pile caps and pylon structures; and structural erection and electrical installation. The contract will be delivered in an integrated alliance with Civmec, Seymour Whyte Constructions, WSP and MRWA. CIVMEC INVESTOR PRESENTATION Q3 FY2023 PAGE 25#26CIVMEC INVESTOR PRESENTATION Q3 FY2023 CIVMEC Engineering Success Engineering Success Environmental, Social & Governance Activities CIMEC 4 EX C 133 2 PAGE 26#27CIVMEC Engineering Success Recent ESG Activities • Continued electrification of equipment with • replacement of old diesel-powered lighting towers with solar lighting towers at Civmec construction sites. The Group's employees participated in Clean Up Australia Day for the fifth year to tidy up the surrounding streets of the facilities in Henderson (Western Australia) and Newcastle (New South Wales). • On St Patrick's day, staff were invited to 'go green for St Pat's' to raise funds for the St. Patrick's Community Support Centre in Fremantle (Western Australia). Upcycling of e-waste by donating old computers and related tech equipment to the Wanneroo Community Men's Shed in order to provide underprivileged members of society with access to technology and opportunities to learn new skills. CIVMEC INVESTOR PRESENTATION Q3 FY2023 CI MEC CIMEC RECYCL Mens Shed 43 171 PAGE 27#28CIVMEC Engineering Success Recent ESG Activities • Civmec Team members had the privilege of attending a truly inspiring presentation by Tony Shaw, an Aboriginal leader. Tony, the founder of Indigenous Services Australia, was joined by his colleague Carola Verschuren, to share their vision of creating awareness and empowering Aboriginal people to walk beside others. Tony's leadership in true reconciliation comes from his own journey of cultural awareness, which he shared through the wisdom of his stories. • Keynote presentation by Dana Hooker at Henderson facility for International Women's Day. Dana is an AFLW football star who shared experiences and wisdom from working in a male-dominated profession. • Civmec is proud to have been extensively involved in various recycling exchange programs. Through these initiatives, the proceeds support our chosen charity St. Patrick's Community Support Centre in Fremantle, who are dedicated to supporting people who are experiencing homelessness. CIVMEC INVESTOR PRESENTATION Q3 FY2023 DOUG NICHON.L. IN Donate Your Containers & Earn Cash For St Pats Each com 10 bes CMEC PAGE 28#29CIVMEC Engineering Success Engineering Success MEC We will maintain our efforts to pursue long-term growth and sustainability, targeting repeat-order opportunities and constantly striving to strengthen our balance sheet, increase revenue and profits. CIVMEC INVESTOR PRESENTATION Q3 FY2023 MAT PAGE 29#30CIVMEC Engineering Success Disclaimer This presentation has been prepared by the management of Civmec Limited (the Company) for the benefit of brokers, analysts and investors and not as any specific advice to any particular party or person. The information is based on publicly available information, internally developed data and other sources. Where an opinion is expressed in this document, it is based on assumptions and limitations mentioned herein and is an expression of present opinions only. This presentation contains forward looking statements that are subject to risk factors associated with construction businesses. While Civmec considers the assumptions on which these statements are based to be reasonable, whether circumstances actually occur in accordance with these statements may be affected by a variety of factors. These include, but are not limited to, levels of actual demand, currency fluctuations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates. These could cause actual trends or results to differ from the forward looking statements in this presentation. References to dollars, cents or $ in this presentation are to Australian currency unless otherwise stated. References to "Civmec", "the Company", "the Group", or "the Civmec Group" may be references to Civmec Limited or its subsidiaries. Authorised for release to ASX and SGX by Pat Tallon, CEO. CIVMEC INVESTOR PRESENTATION 03 023 CIVMEC PAGE 30