Investor Presentaiton

Our Journey to Decarbonisation We know that the main generator of our emissions is diesel, we have established a number of pathways to support our goal to reduce our emissions. QUBE ROAD HEAVY & LIGHT VEHICLES TODAY Heavy vehicles Alternative fuels We have positioned 85% of our fleet to Euro 5, 6 and adaptable to biofuel - Biofuel pilot projects and commercially viable options are being investigated - Electric pilot project with domestic manufacturer to trial battery technology for heavy vehicles across long distances in outback terrains Hydrogen Considering investing in hydrogen pilot projects and exploring solutions, this is seen as a significant enabler to a clean energy future 2022- 2027 95% of prime movers Euro 5, 6 Heavy vehicles Biofuel sourcing of high quality biofuels that are commercially available Electric assess pilot project outcomes/commercial viability Hydrogen - assess pilot project/commercial viability Light vehicles 50% Qube LV fleet is hybrid or electric 2030+ Reduce Scope 1 emissions intensity by 50% Heavy vehicles Alternative fuels Assess pilot projects for electric and hydrogen technologies and implement if commercially viable Light vehicles 70% LV fleet is hybrid or electric Our success will be dependent on the emergence of technologies and the availability of alternative energy supplies and at commercial pricing 2050 Aspirational goal - Net Carbon Zero Net Carbon Zero describes our aspirational goal to reduce our Scope 1 emission intensity (tCO2-e/$M revenue) to zero (compared to 2018 baseline) as we recognise diesel used by our plant and equipment is the main generator of our emissions and unlike Scope 2 emissions are more within our ability to influence Our success will be dependent on the emergence of technologies and the availability of alternative energy supplies and at commercial pricing Light vehicles Undertaking fleet review to identify opportunities to expand hybrid vehicles Develop pilot programs throughout the business

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