#1CIVMEC Investor Presentation Quarterly Update October 2022#2About Civmec 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. 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 CONSTRUCTION A MANUFACTURING ↑ MAINTENANCE AND CAPITAL WORKS CIVMEC CIMEC CIVMEC INVESTOR PRESENTATION OCTOBER 2022 CHMEC CIMEC building global structures 2#3Operating Sectors and Iconic Projects ENERGY RESOURCES CIVMEC INVESTOR PRESENTATION OCTODER INFRASTRUCTURE, MARINE AND DEFENCE 3#4Our FY22 Highlights 128 PROJECTS IN DELIVERY CIVMEC INVESTOR PRESENTATION OCTOBER 2022 47% INCREASE IN NPAT A$843m OF CONTRACTS AWARDED OR EXTENDED 20% increase in revenue 2,800 PEOPLE EMPLOYED 2,500+ employees upskilled in FY22 ~A$120,000+ raised for charity#5CIVMEC Our Facilities and Projects CIVMEC CIVMEC INVESTOR PRESENTATION OCTOBER 2022 5#6Australian Operations ENERGY RESOURCES CHMEC Port Hedland 10 11 NT 3 D 26 13 14 15 7 17 30 QLD Gladstone 18 19 WA 25 SA [CMEC Henderson 31 23 WA 16 13 14 33 Perth A 92134 2232 NSW 16 35 8 36 612 458 Newcastle 14 B 24 20 31 Newcastle NSW VIC INFRASTRUCTURE, MARINE AND DEFENCE CIVMEC PROJECT CLIENT/OWNER LOCATION PROJECT CLIENT/OWNER LOCATION Subsea7 1 Scarborough Project - subsea structures executed by Subsea Henderson, WA Integration Alliance 19 Roy Hill ROM4 Crushing Station 5 - SMPEI 2 Gorgon Stage Two (GS2) Subsea Installation Project - tie-in, jumper spools and spreader beams TechnipFMC Henderson, WA (for Chevron) 20 Dumper tray bodies 3 Five-year term agreement, with two one-year extension options Woodside Energy Henderson, WA 21 4 Kemerton Lithium Project - hydromet and utilities SMP Albemarle Lithium Kemerton, WA Calciner maintenance, major overhaul and repair services 5 Kemerton Lithium Project - refractory installation Albemarle Lithium Kemerton, WA 22 6 Nelson Point Car Dumper 3 (CD3) Replacement Project BHP Henderson, WA 23 7 Port Debottlenecking Project Stage One (PDP1) - civils and bulk earthworks BHP Pilbara, WA 24 Shiploader and Berth Replacement (SABR) Project - 8 shiploader replacement BHP Mitsubishi Alliance (BMA) Henderson, WA and Newcastle, NSW 25 Refractory de-scale and installation works - lime kiln repairs Maintenance agreement for Karara mine site 9 Lithium Refinery Project Covalent Lithium Pty Ltd Kwinana, WA 26 Onslow Salt-workshop upgrade Iron Bridge Magnetite Project - dry plant detailed 27 10 earthworks and concrete package Iron Bridge JV (IBJV) Mechanical maintenance works to support major shutdowns Marble Bar, WA 11 Iron Bridge Magnetite Project - SMPEI Iron Bridge JV (IBJV) Marble Bar, WA 28 Maintenance and refractory term contract for Boyne Island Smelters (BIS) Iron Bridge Magnetite Project - module fabrication - 29 12 CV truss and trestles Iron Bridge JV (IBJV) Henderson, WA Mechanical maintenance works to support major shutdowns Henderson, WA and 13 Mesa A - SMPEI Rio Tinto 30 Robe Valley, WA Maintenance agreement for shutdown and maintenance support services for fixed plant assets across the Roy Hill Port (Facility) and PSA (Mine) Henderson, WA and 14 Mesa A - wet plant and fixed plant workshop Rio Tinto Newcastle, NSW, and 31 Robe Valley, WA Shiploader and Berth Replacement (SABR) Project - berth replacement 32 15 Mesa A-heavy vehicle refuelling facility (HVRF) Rio Tinto Robe Valley, WA SEA 1180 Offshore Patrol Vessel Program 16 Gudai-Darri (Koodaideri) Project - trusses, platework and stick steel 33 Henderson, WA and Perth Kids' Bridge ('Koolangka' Bridge) Rio Tinto Newcastle, NSW 34 Causeway Pedestrian and Cyclist Bridges 17 Roy Hill De-Bottlenecking Project - civil package Roy Hill Pilbara, WA 35 Sydney Gateway Project SB31 Bridge and Viaduct 18 Roy Hill Ultrafine Project 1.5 - SMPEI Roy Hill Pilbara, WA 36 Various Transport for NSW Projects Mechanical maintenance works to support major shutdowns Maintenance agreement for mechanical maintenance services across the Murrin Murrin mine site Roy Hill DT Hiload, Duratray International Pty Ltd, and Austin Engineering Alcoa Australia Cockburn Cement Glencore BHP Mitsubishi Alliance (BMA) Luerssen Australia Main Roads WA Transport for NSW Transport for NSW Pilbara, WA Newcastle, NSW Pinjarra, Wagerup and Kwinana, WA Cockburn, WA North Eastern Goldfields, WA Galong, NSW Mid West, WA Onslow, WA Gladstone, QLD Gladstone, QLD Yarwun, QLD Pilbara, WA Henderson, WA and Newcastle, NSW Henderson, WA Perth, WA Perth, WA Newcastle, NSW NSW Graymont (Australia) Pty Ltd Karara Mining Ltd Onslow Salt Queensland Alumina Limited Rio Tinto Rio Tinto Roy Hill Main Roads WA CIVMEC INVESTOR PRESENTATION OCTOBER 2022 6#7Project Snapshot Energy Scarborough Project Subsea Structures CIVMEC INVESTOR PRESENTATION OCTOBER 2022 Image credit: Woodside Energy Conceptual image, not to scale CLIENT Subsea7 executed by the Subsea Integration Alliance LOCATION Henderson, WA DURATION 2022- 2024 OVERVIEW The scope of work includes a riser base manifold and foundation, six flowline end terminations (FLETS) complete with mud mats, seven inline tees (ILTS) and two pig launcher receivers (PLRS). The project deliverables, welding procedure qualification campaign and shop detailing commenced in FY22, with fabrication, testing and progressive loadout ongoing until FY24. The project will employ 80 people at peak.#8Project Snapshot Resources SABR Project Shiploader Replacement CIVMEC INVESTOR PRESENTATION OCTOBER 2022 ME WESEND BLASTOMA COMMON OWNER BHP Mitsubishi Alliance (BMA) LOCATION Henderson, WA and Newcastle, NSW DURATION August 2020 - Late 2022 OVERVIEW Civmec was awarded a contract by BMA to fabricate, modularise and commission a 2,300-tonne shiploader for the Shiploader and Berth Replacement (SABR) Project. The scope includes the supply, fabrication, surface treatment, assembly and no-load commissioning of the shiploader. Commissioning is currently underway, with delivery scheduled for late 2022 FAS (free alongside) a heavy lift ship at the Australian Marine Complex (AMC). 8#9Project Snapshot Infrastructure Causeway Pedestrian and Cyclist Bridges CIVMEC INVESTOR PRESENTATION OCTOBER 2022 CLIENT Main Roads WA (MRWA) LOCATION Perth, WA DURATION April 2022 Late 2024 OVERVIEW The project comprises two cable-stayed bridges, 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. 9#10CIVMEC Our Financial Results Q1 FY23 CROSS BIS CVMEC INVESTOR PRESENTATION OCTOBER 2022 2530-0102 JLG LIFT 133 AAH 133 224 $35T 2530-0003 10#11Our Financial Highlights CIVMEC INVESTOR PRESENTATION OCTOBER 2022 A$228.3m 16% increase on Q1 FY22 REVENUE A$14.2m 31% increase on Q1 FY22 NPAT 1 A$25.7m 20% increase on Q1 FY22 EBITDA A$385.2m 4% increase on FY22 NET ASSETS 11#12Our Strong Performance A$m 800 Revenue 600 FY 2019 400 FY 2020 200 0 FY19 Q1 A$m 100 80 80 60 60 40 40 20 20 FY 2021 A$m 50 FY 2022 FY20 Q1 FY21 Q1 FY22 Q1 FY23 Q1 EBITDA FY 2020 FY 2019 FY 2021 FY 2022 40 40 30 50 20 FY 2020 NPAT FY 2021 FY 2022 10 FY 2019 0 FY19 Q1 FY20 Q1 FY21 Q1 FY22 Q1 FY23 Q1 A$m 400 300 200 100 Net Assets 0 0 FY19 Q1 FY20 Q1 FY21 Q1 FY22 Q1 FY23 Q1 FY19 FY20 FY21 FY22 FY23 Q1 CIVMEC INVESTOR PRESENTATION OCTOBER 2022 12#13CIVMEC Engineering Success CIVMEC 13 CIVMEC INVESTOR PRESENTATION OCTOBER 2022#14CIVME SCHLAM SCHLAN SCHLAM Continuous Growth (in our communities) Awarded 'Runner Up' of Singapore Corporate Governance Award (SCGA) 2022, Mid Cap Category at SIAS Investors' Choice Awards. Commenced roll-out of new 'Know The Line' Workplace Behaviour program. Continued community support, including sponsorship of a team in the MACA Cancer 200 Ride for Research and support of Pink Pilbara Breakfast. One of Civmec's core values is to 'make a difference', Civmec became the highest fundraising team in Western Australia at the Vinnies CEO Sleepout 2022, with the team raising more than A$100,000 for charity. Jeans for Genes at Civmec: by wearing jeans to work and raising funds Civmec supported the Children's Medical Research Institute. The aim of this life-saving fundraiser is to help improve diagnosis and treatment for previously incurable genetic diseases in children. Civmec supported the R U OK? Day; a day that reminds people that it's 'okay to not be okay' and encourages everyone to check in on themselves and those around them. 65.534 likes RU Civmec RU OK Day 2021 Cime Join us in shining a ai Faite mental heal ckday mentale estateconversation RUCK? DAY Septem watemba 2021 tal health CIVMEC INVESTOR PRESENTATION OCTOBER 2022 14#15Continuous Growth (in sustainability) Our vision is to grow sustainably, delivering mutually beneficial outcomes to all stakeholders. Our culture, the way we think and operate, is underpinned by our values. Our ongoing commitment to building sustainable relationships with Aboriginal and Torres Strait Islander people and their communities remains a priority. • We continue to provide employment and training opportunities for First Nations people. • We are focused on the grassroots level, with 5.2% of participants in our apprenticeship program of Aboriginal or Torres Strait Islander descent. Civmec has introduced a strategic policy of engagement with external consultants with regards to: water usage · carbon emissions • anti-corruption & human rights social equality inclusion & diversity sustainability pollution green energy CIVMEC INVESTOR PRESENTATION OCTOBER 2022 CI MEC CO 15#16CIVMEC CIMEC Continuous Growth (in Operations) Civmec is actively targeting long term maintenance contract agreements. The Company continues to expand the number of clients we perform maintenance work for. To support the growing tempo of defence. activities in the Henderson precinct we have appointed Mark Clay to the role of General Manger Defence. kopi-C: The Company Brew 23 CORPORATE WATCH Civmec: Engineering resilient long-term growth www • pen Before T so *YARIN AN MOUTINE ALVORS JOD-PCAKES, AC an of bat . 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Wh Any opens of the Con capace Ps and how week Ces LAS VAIN H Me dat hu andro working My fo d NA wook Fathe in Raw & movie suche F www w www CONS these 5 slim relief ex Son BC +3806 Our EverBeeth PEMENTARA QU ang do OTHE AL "LAR is spra www Be Ame - chose bes Pants W haise FRARON LE ww MOTORRA -Takes wy o The war Wee ww Saw MITEN JE fant wom JA Power woo+16wwwal I POTP Monel themati FASH coram Civmec's client project visibility is at a historic high and this coupled with an equally expansive tendering pool represents resilient long term growth opportunities. wwwww Low Perfor te le bon Sex dat set whe yone 2-302 CIVMEC We CIVMEC Mirk VENHA DASOARA wa Zkusan me "WE TE SHARM on titan AK MAAR DE * ndo •Subs for t In the wake of COVID-19 the availability of high level, skilled labour is beginning to return with equal opportunity for local and now overseas talent being available. How a PRESS She won the Choke dan * west www.crs that a The Sethune c HERON Monster of CIVMEC INVESTOR PRESENTATION OCTOBER 2022 16#17Our Outlook for Growth 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$935 million as at 30 September 2022. Tendering activity across all sectors remain buoyant for work this financial year. There are a number of large contracts we are actively tendering for work commencing from the end of this financial year. Visibility of upcoming projects for existing clients is good. Publicly available information suggested -A$330B of targetable opportunities across the sectors we operate throughout Australia to FY25. We are targeting steady and sustainable growth to Top and Bottom line. FUTURE GROWTH OPPORTUNITIES A$B 100 90 80 70 60 50 40 30 20 10 0 FY20 FY21 FY22 FY23 FY24 FY25 All opportunities across Australia including Resources, Energy, Infrastructure, Marine, Defence and Maintenance. Source: BIS Oxford Economics CIVMEC INVESTOR PRESENTATION OCTOBER 2022 17#18CIVMEC Engineering Success 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 OCTOBER 2022 CIVMEC 18#19Disclaimer 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 OCTOBER 2022 19