Investor Presentaiton

For personal use only 4. OUTLOOK • We expect strong EBITDA performance in the second half. • New long term contract wins improving EBITDA in 2H16 and beyond. Delayed start of some forecast contract wins will impact FY16 revenue offset by lower than forecast costs, due to the rationalisation from national buying power. No impact on normalised EBITDA. Benefit from NCSA acquisition adding to earnings outlook. The company is in the process of determining the value of customer contracts acquired which will then be amortised. This is a non-cash expense. Current tender pipeline submitted of approximately $40 million per annum. We are pursuing a number of acquisition opportunities in line with our growth strategy, to expand our sector and geographic footprint. m millennium

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