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ACN 672 407 171 ASX:CVL | SGX:P9D F Y26 FULL YEAR RESULTS
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About 3 Financial 6 Operations 8 Sustainability 13 Outlook 16 CONTENTS Cover image courtesy of Department of Defence (©Commonwealth of Australia) 2 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION
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ABOUT CIVMEC $ A$968m market cap (as at 20 August 2026) 509,625,000 shares on issue (as at 20 August 2026) 68% shares on ASX (as at 20 August 2026) 32% shares on SGX (as at 20 August 2026) Australian company listed on ASX & SGX $ Civmec is a proudly Australian company delivering integrated, multidisciplinary services across the energy, resources, infrastructure, marine and defence sectors. About 3 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION
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STRONG DIVERSIFICATION Maintenance & Capital Works Naval ShipbuildingConstructionManufacturing Our extensive experience and cutting- edge facilities enable us to deliver safe, high-precision manufacturing. • Heavy engineering • Offsite modular assembly • Bulk material handling equipment • OEM material handling equipment Our state-of-the-art shipbuilding capabilities are contributing to Australia’s maritime defence programs. • Start-to-finish naval shipbuilding • Steel plate and profile processing • Block and pipe spool fabrication • Surface treatment • Final consolidation Our multidisciplinary services and construction expertise facilitate fully integrated, turnkey project solutions. • Module installation • Structural, mechanical and piping (SMP) • Electrical, instrumentation and control (EIC) • Structural concrete works • Site earthworks Our comprehensive services ensure asset longevity through tailored maintenance and upgrade solutions. • SMPE&I maintenance • Civil works • Industrial insulation • Rope access • Heat resistant industrial linings 4 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION About
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• Largest heavy engineering facility in Australia • 200,000m2 land with extensive wharf access • Throughput capacity of 80,000 tonnes of steel per annum Henderson • Constructed 5,000m2 facility on 50,000m2 of land • Supporting port and process plant maintenance and capital works Port Hedland • One of the largest heavy engineering facilities on the east coast • 227,000m² of land with direct waterfront access • Throughput capacity of 25,000 tonnes of steel per annum Newcastle Gladstone Newcastle WA NT SA QLD NSW VIC Perth Port Hedland 3 5 8 9 9 10 10 11 11 12 13 14 15 15 16 17 18 19 2021 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 3940 41 42 45 2 6 4 1 7 43 44 TAS ACT FACILITIES & PROJECTS • Located on 34,000m2 land, with workshop/offices • Client engagement resulting in increased tendering pipeline Gladstone DC BA B C D A Refer to Appendix on page 19 for FY26 Project List About 5 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION
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FY26 HIGHLIGHTS EBITDA: Earnings Before Interest, Taxes, Depreciation and Amortisation NPAT: Net Profit After Tax Activity increased materially through FY26, with energy and infrastructure, marine and defence growing 62% and 102%. Gross margin was maintained on higher volumes while administrative costs fell, lifting earnings per share 22%, twice the rate of revenue growth. A solid order book provides visibility into FY27 and FY28. A$54.6m cash on hand 11.8% EBITDA margin A$903.0m revenue A$107.3m EBITDA A$591m net assets (A$1.16 per share) A$1.4b order book (as at 31 July 2026) 5.8% net profit margin A$52.1m NPAT 6 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION Financial
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CURRENT ASSETS Cash and cash equivalents 54,629 102,940 Trade and other receivables 237,186 52,328 Contract assets 277,668 154,969 Other current assets 4,643 4,001 Income tax receivable - 8,697 574,126 322,935 NON-CURRENT ASSETS Property, plant and equipment 619,555 568,170 Investment properties 21,082 19,706 Intangible assets 10 10 Deferred tax assets 5,145 1,078 645,792 588,964 TOTAL ASSETS 1,219,918 911,899 CURRENT LIABILITIES Trade and other payables 267,788 86,835 Contract liabilities 102,817 71,447 Lease liabilities 6,365 5,442 Income tax payable 9,433 - Provisions 16,662 13,659 403,065 177,383 NON-CURRENT LIABILITIES Lease liabilities 59,996 55,069 Borrowings 60,000 60,000 Provisions 1,550 379 Deferred tax liabilities 104,111 88,556 225,657 204,004 TOTAL LIABILITIES 628,722 381,387 TOTAL EQUITY 591,196 530,512 • Final dividend of 3.5 Australian cents to be paid in October 2026 (total 6.0c for FY26) • Net asset value of A$591.2 million • Earnings per share of 10.23 Australian cents • Franking account balance of A$57.9 million after payment of final dividend • Value of property, plant and equipment (PPE) increased by A$51.4 million to A$620 million, reflecting increase in facility valuations and continued re-investment in the business* As at 30 June 2026 (A$’000) As at 30 June 2025 (A$’000) BALANCE SHEET * FIgure is joint in effect 7 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION Financial
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ENERGY SECTOR Gorgon Carbon Capture and Storage (CCS) Secured and progressed a substantial follow-on package for Chevron Australia’s CCS long-term optimisation program, expanding the scope to 30 module structures and 75 pre-assembled structures (approximately 2,600 tonnes), including fabrication and delivery of 18km of piping and 6.6km of cable. Fortescue Charger Facilities Awarded and commenced a significant electrical infrastructure package for Fortescue’s Eliwana and Flying Fish mines, comprising five power stations, four charging stations, and associated civil and electrical works to support mine electrification and decarbonisation initiatives. Jansz-Io Compression (J-IC) Project Continued delivery of Chevron Australia’s J-IC project for Saipem, comprising the fabrication of nine subsea jumper spools and five large-scale spreader bars, with structures measuring up to 120 metres in length and weighing up to 200 tonnes. Blakemere Manifold Awarded a contract by Blakemere to fabricate, assemble, surface treat and test a subsea manifold for Woodside Energy’s Pyrenees facility, with works underway at Henderson and extending into FY27. Maintenance Expanded recurring maintenance and minor works activity, including refractory maintenance services for Santos, refractory maintenance works at NRG Power Station, and continued fabrication, pipe spooling, testing and surface treatment services for Woodside Energy. Outlook for FY27 Civmec enters FY27 with a healthy pipeline of opportunities across energy, maintenance and energy transition markets, underpinned by long-standing client relationships, repeat work from key customers and continued investment across the sector. A$105.7m revenue in energy sector, segment result A$14.3m* Secured sizeable new contracts and follow-on awards Strong delivery performance and client relationships Increased participation in electrification infrastructure builds Growing maintenance and energy transition opportunities *Gross profit before administration expenses 8 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION Operations
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RESOURCES SECTOR Car Dumper 4 (CD4) Renewal Project and Port Debottlenecking Project’s Car Dumper 6 (CD6) Civmec is delivering fabrication, assembly and transportation aids to support major car dumper infrastructure works at BHP’s Port Hedland operations. The scope includes fabrication, offsite mechanical installation and full trial assembly prior to transportation. Port Debottlenecking Project 2 (PDP2) Mobilised and commenced a major civil works package at Port Hedland to support the installation of CD6, including demolition, earthworks, piling, dewatering infrastructure and construction of an onsite concrete batch plant. Eneabba Rare Earths Refinery Substantially completed over 14,000m³ of concrete works and the design, fabrication, construction and installation of 30 field-erected tanks at Iluka’s Eneabba Rare Earths Refinery, while securing a major SMPE&I installation package comprising ~4,000 tonnes of structural steel, 87km of piping and 585km of cabling. Christmas Creek Green Metal Project Completed a vertical package at Fortescue’s Green Metal Project, including civil and concrete works, structural steel fabrication and installation, mechanical works, piping, and electrical and instrumentation works. OEM Material Handling Advanced multiple material handling projects, including the Alcoa reclaimer to trial assembly and Dalrymple Bay Infrastructure Management’s (DBIM’s) new 1,843-tonne SL1A shiploader design, reinforcing Civmec’s position as Australia’s only full turnkey OEM material handling provider. Outlook for FY27 Civmec enters FY27 with strong activity levels across iron ore, critical minerals and processing infrastructure projects. Supported by a diversified service offering spanning major projects, maintenance and OEM material handling, the Group is well positioned for continued strong performance. A$587.1m revenue in resources sector, segment result A$67.3m* Strong growth in activity in 2H FY26 Maintenance division continued to expand client base Increased utilisation of both regional facilities Milestones reached in OEM material handling division Operations *Gross profit before administration expenses 9 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION
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INFRASTRUCTURE, MARINE & DEFENCE SECTOR Perth Park Awarded the iconic Perth Park project for the Office of Major Transport Infrastructure Delivery (OMTID), to be delivered in an integrated alliance. The scope includes ground improvement, piling, concrete construction and structural steel installation, supporting the delivery of a multi-use, sporting and entertainment precinct. Offshore Patrol Vessels Achieved major milestones in the Arafura Class Offshore Patrol Vessels (OPV) program as the prime contractor (CDI), including the delivery and commissioning of HMAS Eyre, the keel laying of NUSHIP Carpentaria, and the launch of NUSHIP Pilbara. Civmec Defence Industries (CDI) Established CDI, following the acquisition of Luerssen Australia, strengthening our sovereign naval shipbuilding capability. Bridge Infrastructure Projects Delivered and progressed multiple bridge projects across New South Wales, including the Woodford Footbridge, Albury to Illabo footbridges and remediation works for Transport for NSW. M5 Westbound Upgrade Civmec has been awarded a contract for the M5 Westbound Upgrade, comprising detailed design modelling and fabrication of 16 weathering steel bridge girders for the Georges River crossing in NSW. Outlook for FY27 Civmec enters FY27 with a diversified workload that includes transport infrastructure and naval shipbuilding. With Perth Park progressing, bridge projects underway and continued delivery of the OPV program, the Group remains well positioned to support current and future government and private infrastructure and defence investment. A$210.2m revenue in infrastructure, marine and defence sector, segment result A$23.1m Strengthened position as a Tier 1 infrastructure contractor Establishment of CDI as a prime defence contractor Achieved major SEA 1180 Offshore Patrol Vessel milestones Strong pipeline supported by increased government investment Operations *Gross profit before administration expenses 10 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION
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NAVAL SHIPBUILDING The acquisition of Luerssen Australia in FY26, renamed Civmec Defence Industries (CDI), marked a significant milestone in Civmec’s naval shipbuilding strategy. The acquisition added skilled personnel, established engineering and training systems, and transferred prime contractor responsibility for the OPV program. Key Achievements As the prime contractor, this financial year CDI delivered and commissioned HMAS Eyre, launched NUSHIP Pilbara, and progressed construction across the remaining vessels in the Arafura Class program, demonstrating the strength and innovation of its integrated engineering, production and program management capabilities. Outlook Located within the Henderson marine precinct, CDI stands as a strong and capable partner to the Commonwealth, with ongoing delivery on a major naval program, an expanded and skilled workforce, and the infrastructure required to support future projects of scale. As Australia advances its long- term naval shipbuilding agenda, CDI is well positioned to deliver. About 11 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION Operations
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OEM Balanced Machines Operations Alcoa Reclaimer The Alcoa bridge reclaimer is at the final onsite assembly stage, with installation and commissioning scheduled to occur this calendar year. Port Waratah Shiploader The Port Waratah shiploader is well advanced through the design phase, with fabrication underway. Dalrymple Bay (DBIM) Shiploader The DBIM shiploader is nearing completion and in preparation for shipping from Henderson to far north Queensland. Other Projects Design of another shiploader is well advanced and preparation is underway for shutdown activities on an existing reclaimer. Outlook The outlook remains positive, with some client philosophy changing from new builds to major overhauls of existing machines, creating additional opportunities over the long term. OEM MATERIAL HANDLING CIVMEC INVESTOR PRESENTATION 12FULL YEAR RESULTS FY26 | Operations CIVMEC INVESTOR PRESENTATION
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SUSTAINABILITY HIGHLIGHTS A$268.9m contributed to Australian economy through wages and salaries A$72.7m paid to Australian government through taxes Community ~2,500 people directly employed across our operations 151 apprentices, trainees and graduates People 0.00 LTIFR (Lost Time Injury Frequency Rate) 58% reduction in recordable hand injuries Health & SafetyEnvironmental 5% reduction in GHG intensity 12% reduction in total energy intensity Cyber 8,200+ cyber security training modules delivered to employees in FY26 3,394 hours of cyber security training delivered across the business Governance 100% of employees trained on Code of Conduct and Anti-corruption Policy during onboarding 100% of Board members trained on Code of Conduct and Anti-corruption Policy 13 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION Sustainability
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PEOPLE & CULTURE Attraction and Retention We continued to attract and retain talent through strategic recruitment, career development opportunities and a strong pipeline of long-term projects. This year, we also appointed an Executive General Manager of People & Culture. Training and Development Our Registered Training Organisation delivered almost 1,300 units of competency and more than 10,700 hours of training, supporting workforce capability, compliance and safe operations across the business. Leadership and Career Pathways The Career Pathways and LEAD programs continued to support employee growth, with 14 employees commencing formal qualifications and 27 employees completing leadership training during FY26. Graduates, Apprentices and Trainees We invested in future talent through our graduate, apprenticeship and Defence Industry Pathways programs, welcoming a range of graduates across several programs and continuously replenishing apprentices as they qualify and commence as tradespeople within the company. Diversity and Employee Support We continued to promote an inclusive workplace through targeted recruitment initiatives, flexible work arrangements, parental leave benefits and specialist programs aimed at increasing female participation across the business. Veterans and Community Engagement We engaged with potential employees through recruitment expos, STEM events and industry events, while continuing to support veterans transitioning into civilian careers through our dedicated employment and outreach initiatives. 10,733 hours of training delivered to Civmec employees 52% of corporate office employees are female Free influenza vaccinations offered to all employees Free skin cancer checks offered to all employees 51 employees celebrated 5 or 10 years’ tenure in FY26 CIVMEC INVESTOR PRESENTATION 14 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION Sustainability
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COMMUNITY SUPPORT Creating positive social value in the communities where we operate forms an important part of our sustainability strategy and aligns with our company value of ‘make a difference’. Sustainability A$225k+ returned to the community through fundraising, sponsorships and donations 15 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION
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VALUE PROPOSITION Dividend Yield Consistent and attractive dividend yield, with a final dividend of 3.5 cents declared for payment in October 2026. Combined with the 2.5 cent interim dividend paid in March 2026, this represents a payout ratio of 61%. Share Price Significant share price increase over FY26, delivering an average growth of 60% across both exchanges in the 12-month period to 20 August 2026. Trading Liquidity Notable increase in trading volume across both jurisdictions, particularly on the ASX, which now accounts for more than 68% of total shareholding. Asset Backing Real asset-backed value, with a net asset value of A$1.16 per share. Market Support Increased number of institutions invested and increased analyst coverage, all with buy recommendations. Contract Diversity Secured a balanced mix of contract sizes and types, across multiple sectors and geographical regions, and from both public and private sector clients and commodities. 16 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION Outlook
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Embedded Revenue Visibility A solid A$1.4 billion order book provides a strong base of work across the resources, energy, infrastructure and naval shipbuilding sectors, with a number of major projects continuing through FY27 and beyond. Earlier Client Engagement and Repeat Work A notable increase in Early Contractor Involvement (ECI) engagement is bringing Civmec into larger and more complex opportunities earlier, while strong project delivery continues to generate follow-on scopes and repeat work from major clients. Growing Recurring Maintenance Platform Increasing utilisation at Port Hedland and Gladstone, supported by long-term agreements, shutdown activity, rotable services and sustaining capital works, is expanding Civmec’s recurring revenue base while retaining significant headroom for growth. National Growth Profile Civmec’s established west and east coast operations are supporting a broader national pipeline, with opportunities increasingly extending beyond Western Australia in most states across resources, infrastructure, and maintenance markets. Strategic Growth Platforms Defence infrastructure and future shipbuilding programs at the Henderson Defence Precinct, including A$25 billion investment in the Precinct over the next decade, along with OEM material handling upgrades and refurbishments, energy transition projects and public infrastructure provide additional long-term growth pathways. Civmec is well positioned to convert a diversified pipeline while maintaining disciplined project selection, delivery certainty and sustainable margins. FORWARD OUTLOOK Civmec enters FY27 with a solid A$1.4 billion order book, a larger and more diversified opportunity pipeline, and multiple pathways to growth across major projects, recurring maintenance, materials handling, infrastructure and sovereign shipbuilding. 17 FULL YEAR RESULTS FY26 | Outlook CIVMEC INVESTOR PRESENTATION
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Civmec Investor Relations P: +61 8 9437 6288 E: investor@civmec.com.au civmec.com.au
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FY26 KEY PROJECTS 37 Commonwealth of Australia SEA 1180 Offshore Patrol Vessel Program Henderson, WA 38 Event Engineering Balarinji Light Mast and Armature Newcastle, NSW 39 Main Roads WA State-wide Construction Panel Agreement WA 40 Office of Major Transport Infrastructure Delivery (OMTID) Perth Park Perth, WA 41 Martinus Rail Albury to Illabo Footbridges Wagga Wagga, NSW 42 Seymour Whyte M5 Westbound Upgrade Sydney, NSW 43 Transport for NSW Macksville Bridge Rehabilitation Macksville, NSW 44 Transport for NSW Nowra Bridge Rehabilitation Nowra, NSW 45 Transport for NSW Woodford Footbridge Newcastle, NSW 8 Albemarle Maintenance, shutdown and sustaining capital projects Kemerton, WA 9 Alcoa Australia Bridge Reclaimer RC001 – design and construction Henderson and , WA 10 Alcoa Australia Calciner maintenance, major overhaul and repair services to Alcoa mines Pinjarra, Wagerup and Kwinana, WA 11 BHP Port Debottlenecking Project 2 (PDP2) – civil and fabrication Henderson and Port Hedland, WA 13 BHP Car Dumper 4 (CD4) Renewal Project Henderson, WA 14 BHP Car Dumper 6 (CD6) Tandem Rotary Cell – fabrication and assembly Henderson, WA 16 Citic Pacific Sino Iron – maintenance works Pilbara, WA 17 Cockburn Cement – Adbri Shutdown services Munster, WA 18 Dalrymple Bay Infrastructure Management (DBIM) Shiploader SL1A – supply, manufacture and assembly Henderson, WA 19 Schlam Dumper Tray Body Assembly Newcastle, NSW 20 Fortescue Christmas Creek Green Metal Project – civil, fabrication and SMPE&I Pilbara, WA 21 Fortescue Balanced machines – risk management program Pilbara, WA 22 Fortescue Maintenance and capital works Pilbara, WA 23 Iluka Resources Rare Earths Refinery Project – civil, tanks and SMPE&I Eneabba, WA 24 PLS COS Dome Project – construction Pilbara, WA 25 Port Waratah Coal Services Shiploader SL7.11 – design and construction Perth and Henderson, WA 26 Port Waratah Coal Services Shiploader 07.09 – refurbishment Newcastle, NSW 27 QMAG Maintenance works Rockhampton, QLD 28 Queensland Alumina Limited (QAL) Mechanical maintenance works to support major shutdowns Gladstone, QLD 29 Queensland Nitrates Pty Ltd (QNP) Maintenance works Gladstone, QLD 30 Rio Tinto Cape Lambert Port A High Density Ore (CLAHDO) – maintenance works Pilbara, WA 31 Rio Tinto Yarwin – maintenance Gladstone, QLD 32 Roy Hill Maintenance agreement for shutdown and maintenance support services for fixed plant assets Pilbara, WA 33 Tianqi Lithium Two-year services panel agreement Kwinana, WA 34 WesCEF Master agreement –brownfield EPC works Kwinana, WA 35 Westrac Dumper tray body assembly Newcastle NSW 36 Yara Pilbara Maintenance works Karratha, WA Energy Infrastructure, Marine and DefenceResources 1 Chevron Australia Gorgon Carbon Capture and Storage (CCS) – modularisation and follow-on works Henderson, WA 2 Fortescue Charger facilities – construction Pilbara, WA 3 NRG Power Station Refractory works Gladstone, QLD 4 Saipem Jansz-Io Compression (J-IC) Project – manufacture of subsea spools and spreader bars Henderson, WA 5 Santos Maintenance and refractory works Darwin, NT 6 Woodside Energy Five-year term agreement, with two one-year extension options Henderson, WA 7 Woodside Energy Five-year term agreement, with two one-year extension options Henderson, WA About 19 FULL YEAR RESULTS FY26 |CIVMEC INVESTOR PRESENTATION
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Disclaimer Appendix 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 the ASX and SGX by the Board of Directors. DISCLAIMER