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FY25 FINANCIAL RESUL TS MADER GROUP LIMITED | 26 AUGUST 2025 For personal use only
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WHO WE ARE 640+ LOCATIONS WIDE NETWORK 3,900+ SKILLED EMPLOYEES GLOBAL WORKFORCE 9 COUNTRIES OPERATED IN 490+ CUSTOMERS SUPPORTED 1,850+ WORLDWIDE SERVICE VEHICLES ENERGY SECTOR TRANSPORT & LOGISTICS HEAVY MOBILE EQUIPMENT POWER GENERATION & MARINE FIXED INFRASTRUCTURE 1 For personal use only
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20 YEARS OF ORGANIC GROWTH BROADENED SUITE OF TRADES DIVERSIFIED ACROSS MUL TIPLE INDUSTRIES LAUNCHED FULL Y ORGANIC START UPS IN NEW MARKETS 10 YEAR COMPOUNDING ANNUAL REVENUE GROWTH OF 30% $- $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 REVENUE IN A$M CANADA USA TRADE UPGRADE QLD & NSW CENTRAL (SA & NT) ANCILLARY (AUS) ASIA AFRICA GOLDFIELDS PERTH & SOUTH WEST PILBARA REACHED 250+ EMPLOYEES ENTERED QLD ANCILLARY LAUNCHED LISTED ON ASX REACHED 1,000+ EMPLOYEES ENTERED SA, NT & NSW ENTERED USA COMMISSIONED MADER MAINTENANCE CENTRE INTRODUCED TOOLS FOR LIFE PROGRAM FOCUS ON STRATEGIC DIVERSIFICATION TRADE UP PROGRAM INTRODUCED ENTERED CANADA LAUNCHED MADER ENERGY GLOBAL PATHWAYS INTRODUCED INFRASTRUCTURE MAINTENANCE DIVISION LAUNCHED RAIL SERVICES DIVISION LAUNCHED REACHED 3,200+ EMPLOYEES EXPANDED INDUSTRY VERTICALS 10 YEAR CAGR ~30% REVENUE GROWTH 2 CELEBRATED 20-YEAR ANNIVERSARY For personal use only
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“Our TRIFR was 3.71 recordable injuries per million hours worked. We continue to refine and advance our investment in safety through our people and technology to remain on the cutting edge of zero harm.” Justin Nuich Executive Director and CEO 54% 12% 8% 9% 6% 4%4% 3% Heavy Duty Diesel Mechanic Auto & HV Electricians RT & LV Mechanics Apprentices Fabricators & Welders Fixed Plant & Infrastructure Trade assistants\Servicepeople Other BREAKDOWN OF TEAM: 3,900+ 0 2 4 6 8 2020 2021 2022 2023 2024 2025 INJURY FREQUENCY RATES (PER MILLION HOURS WORKED) 20% 26% 20% 13% 14% 7% 25 or Under 26-30 31-35 36-40 41-50 51+ AGE OF WORKFORCE WE LEAD THE MARKET IN DELIVERING SAFE AND HIGH- QUALITY EXPERTISE. OUR PURSUIT OF QUALITY IS BACKED BY YEARS OF INVESTMENT IN OUR PEOPLE AND CULTURE. AT MADER, SAFETY IS NOT JUST A PRIORITY, IT’S EMBEDDED IN EVERYTHING WE DO, FROM THE FRONTLINE LEADERSHIP TEAM, AND WITH EVERY CUSTOMER WE PARTNER WITH. TOGETHER, WE ARE GEARED FOR SAFETY. 3 TRIFR GEARED FOR SAFETY SPECIALISED WORKFORCE For personal use only
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EXECUTIVE OVERVIEW JUSTIN NUICH | EXECUTIVE DIRECTOR & CEO For personal use only
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FY25 HIGHLIGHTS 4 CUSTOMER DEMAND IMPROVING NORTH AMERICA RETURNS TO GROWTH ON TRACK FOR STRATEGIC PLAN BALANCE SHEET STRENGTHENED GUIDANCE IN LINE WITH EXPECTATIONS RECORD REVENUE $872.2M UP 13% FROM $774.5M PCP SOLID MARGINS NPAT OF $57.1M AT 6.6%, UP 13% VS PCP OF $50.4M AT 6.5% NET HEADCOUNT GROWTH INCREASED 700+ GLOBALLY NET DEBT AT $8.3M, DOWN 73% FROM $31.2M PCP For personal use only
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FY25 SEGMENT HIGHLIGHTS AUSTRALIA NORTH AMERICA REST OF WORLD 5 14% CORE BUSINESS REVENUE GROWTH VS PCP 17% REVENUE GROWTH VS PCP 14% $82.6m VS $72.5m PCP EBITDA 30% INFRASTRUCTURE REVENUE GROWTH VS PCP FY24 FY25 REVENUE (A$) 8% REVENUE GROWTH FROM H1 TO H2 8% EBITDA GROWTH FROM H1 TO H2 RECORD HEAD COUNT AT 30 JUNE 2025550+ TECHNICIANS MOBILISED TO CANADA GLOBAL MOBILITY 150+ $585.7m $686.2m 1H FY25 2H FY25 REVENUE (A$) $79.8m $86.3m 9 ACTIVE IN ASIA & OCEANIA REGIONS IN FY25 COUNTRIES 81% REVENUE GROWTH VS PCP 118% EBITDA $3.1m VS $1.4m PCP FY24 FY25 REVENUE (A$) $11.0m $19.9m For personal use only
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FINANCIAL REVIEW PAUL HEGARTY | CFO For personal use only
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FINANCIAL PERFORMANCE 6 GROUP REVENUE GROWTH 13%VS PCP IMPROVED EARNINGS PER SHARE 12%VS PCP DIVIDEND PA YOUT RATIO 31% EARNINGS GROWTH 13%VS PCP INCREASED DIVIDENDS 13%VS PCP HIGHLIGHTSA$’000 FY24 FY25 REVENUE 774,472 872,202 GROSS PROFIT 161,987 168,052 GROSS MARGIN 20.9% 19.3% EBITDA 99,231 109,533 EBITDA MARGIN 12.8% 12.6% EBIT 74,701 83,997 EBIT MARGIN 9.6% 9.6% NPAT 50,419 57,147 NPAT MARGIN 6.5% 6.6% EARNINGS PER SHARE (CENTS) 25.21 28.35 DIVIDENDS PER SHARE (CENTS) 7.80 8.80 STABLE MARGIN PROFILE 0.6% NPAT MARGIN DIFFERENTIAL OVER LAST 5 YEARS For personal use only
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FINANCIAL POSITION 7 SIMPLE BALANCE SHEET 1,850+ SERVICE VEHICLES LOCATED THROUGHOUT THE WORLD NET DEBT REDUCTION 73% NET DEBT REDUCED BY $22.9M INVESTED IN GROWTH $38.1M GROWTH CAPITAL DEPLOYED IN FY25 STRONG BALANCE SHEET $212.3M NET ASSET POSITION LOW NET LEVERAGE 0.1x NET DEBT ÷ ANNUALISED FY25 EBITDA FUNDING FLEXIBILITY $103.7M AVAILABLE GROWTH FACILITIES HIGHLIGHTSA$’000 JUN 24 JUN 25 CASH & CASH EQUIVALENTS 30,121 24,263 TRADE & OTHER RECEIVABLES 171,162 165,006 PROPERTY, PLANT & EQUIPMENT 118,424 129,204 INVESTMENTS & OTHER ASSETS 18,238 28,515 TOT AL ASSETS 337,945 346,988 TRADE & OTHER PA Y ABLES 82,118 72,270 TAX LIABILITIES 18,607 13,155 PROVISIONS 7,181 9,922 BORROWINGS 61,299 32,559 OTHER 8,414 6,773 TOTAL LIABILITIES 177,619 134,679 NET ASSETS 160,326 212,309 For personal use only
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SOLID OPERATING CASH FLOWS $76.8M STRONG CASH CONVERSION 101% OPERATING CASH FLOW BEFORE INTEREST AND TAX TO EBITDA FREE CASHFLOW GENERATIVE $42.7M 52% INCREASE VS PCP CASH FLOW 8 HIGHLIGHTS 30.1 110.6 (3.0) (30.8) (28.7) (10.5) (34.1) (3.8) (16.2) 10.5 0.2 24.3 NET CASH FLOW FROM OPERATIONS OF $76.8M GROWTH CAPITAL EXPENDITURE WAS ATTRIBUTED TO THE CONTINUED EXPASION OF MADER’S GLOBAL SERVICE FLEET TO SUPPORT THE GROWTH OF THE BUSINESS FINAL FY24 AND INTERIM FY25 OF 4.0CPS DIVIDEND PAID RESPECTIVELY For personal use only
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BUILDING TO THE FIRST BILLION MADER GROUP LIMITED For personal use only
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STRATEGIC PLAN “As we enter the final year of our five-year strategic plan, the blueprint set out by the Board of Directors has served as a strategic guide in achieving our results over the last four years. This has positioned us well to deliver FY26 and the five-year plan targets.” Justin Nuich Executive Director & CEO 9 YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 FY22 NPAT TARGET: $24M FY23 NPAT TARGET: $32M FY24 NPAT TARGET: $40M FY25 NPAT TARGET: $51M FY26 NPAT TARGET: $65M SET IN THE STRATEGIC PLAN: GEOGRAPHICAL DIVERSIFICATION SERVICE LINE DIVERSIFICATION EXPAND INDUSTRY VERTICALS SCALE THE EXISTING BUSINESS For personal use only
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PROCESSING INFRASTRUCTURE CRUSHERS, SCREENS, CONVEYORS, STACKERS NON–PROCESSING INFRASTRUCTURE WORKSHOPS, MINING CAMPS, PROJECT MANAGEMENT AUSTRALIAN MARKET Source: Mines & Projects Database – Global Data, 2025. LEADERSHIP DEVELOPMENT 3.4B ROM AUSTRALIA SITES ENGAGED IN FY25: 450+ TOTAL MINES & PROJECTS IN OPERATION: 552 7.1B ROM NORTH AMERICA SITES ENGAGED IN FY25: 175+ TOTAL MINES & PROJECTS IN OPERATION: 3,508 15.6B ROM REST OF WORLD SITES ENGAGED IN FY25: 11 TOTAL MINES & PROJECTS: 7,439 Source: Mines & Projects Database – Global Data, 2025. THE BUILDING BLOCKS CUL TURE 380+ EMPLOYEES ON OVERSEAS GLOBAL PATHWA YS ADVENTURES 150+ EXPERIENCES DELIVERED BY THREE GEARS 240+ TEAM LEADERS IN GLOBAL OPERATIONS 120+ TRADE UPGRADE GRADUATES IN FY25 RESOURCES & MINERALS INFRASTRUCTURE MAINTENANCE SITES ENGAGED IN FY25: 90+ TOTAL MINES & PROJECTS: 586 (in Australia, operation & construction phase) 10 For personal use only
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Source 1: Global Data, 2025. Source 2: Bitre, Australian Infrastructure and Transport Statistics, 2025. CARRIED BY ROAD AND RAIL LIVESTOCK BULK CARTAGE PETROLEUM PRODUCTS MINED MATERIALS OIL AND GAS ARE ESSENTIAL TO POWERING OVER HALF THE WORLD’S ENERGY. INTERSTATE PIPELINE PRODUCTION AT THE WELLHEAD STORAGE & DISTRIBUTION OIL AND GAS FACILITIES TRANSPORTATION (PIPELINES) PROVING THE BUSINESS MODEL IN NEW SCALABLE MARKET SEGMENTS REVENUE DIVERSIFICATION: EXPANDING OUR PORTFOLIO AN DRIVING GROWTH THROUGH NEW REVENUE STREAMS EXPANSION ACROSS INDUSTRIES AND BORDERS: DIVERSIFIED GROWTH THROUGHOUT BROADER MARKET PRESENCE RESEARCH AND DEVELOPMENT: EXPLORING EMERGING MARKETS, OPPORTUNITIES AND GROWTH GAPS THE BUILDING BLOCKS ENERGY MARKET TRANSPORT & LOGISTICS EMERGING MARKETS 249B TONNE KILOMETRES OF FREIGHT MOVED BY ROAD IN AUSTRALIA 89% DOMESTIC RAIL FREIGHT OF IRON ORE & COAL 31,191KM KILOMETRES OF OPEN RAILWAY ACROSS AUSTRALIA 11 For personal use only
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AN EVOL VING BUSINESS A PROVEN TRACK RECORD OF ORGANICALL Y REPLICATING OUR UNIQUE BUSINESS MODEL ACROSS MUL TIPLE INDUSTRY VERTICALS. HEAVY DUTY DIESEL TECHNICIANS FABRICATORS & WELDERS AUTO & HIGH VOL TAGE ELECTRICIANS FIXED PLANT & INFRASTRUCTURE TECHNICIANS ROAD TRANSPORT TECHNICIANS ENERGY SPECIALISTS RAIL TECHNICIANS UNTAPPED NEW LABOUR POOLS 12 For personal use only
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MUL TIPLE BEACHHEADS TO TARGET GROWTH AUSTRALIA 380+ Customers 3,300+ Employees NORTH AMERICA 100+ Customers 550+ Employees REST OF WORLD 12 Customers 100+ Employees 19% REVENUE 2% REVENUE 79% REVENUE *Figures have been rounded. 13 For personal use only
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TRANSPORT & LOGISTICS RAIL ENERGYINFRASTRUCTURE MAINTENANCE RESOURCESANCILLARY SERVICES POWER GEN & MARINE $1BILLION+ ANNUAL REVENUE IN FY26 JUST GETTING STARTED EMERGING MARKETS 14 For personal use only
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OUTLOOK JUSTIN NUICH | EXECUTIVE DIRECTOR & CEO For personal use only
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STRATEGIC PLAN PROGRESS “As we enter the final year of our current five-year strategic plan, we are more determined than ever to achieve the ambitious goals we set four years ago.” Justin Nuich Executive Director & CEO 15 YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 NPAT TARGET: $24M FY22 ACTUAL: $28M +44% PCP NPAT TARGET: $32M FY23 ACTUAL: $39M +38% PCP NPAT TARGET: $40M FY24 ACTUAL: $50M +31% PCP NPAT TARGET: $51M FY25 GUIDANCE: $57M +13% PCP NPAT TARGET: $65M FY26 GUIDANCE: $65M +14% PCP For personal use only
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REVENUE GUIDANCE FOR FY26 IS EXPECTED TO BE AT LEAST $1B, DELIVERING AN NPAT OF AT LEAST $65M GEOGRAPHICAL DIVERSIFICATION TARGETING NEW REGIONS AROUND THE WORLD PATHWA Y TO NET CASH TARGETING NET CASH POSITION IN FY26 SERVICE DIVERSIFICATION TARGETING NEW MARKETS AND SERVICE OFFERINGS TARGETED GROWTH IN A SIGNIFICANT PILLAR IN OUR LONG-TERM GROWTH STRATEGY NORTH AMERICA *Based on delivery of the Group’s FY26 revenue and NPAT guidance. 12 16 HIGH GROWTH AGENDA $304M $402M $608M $774M $870M $1B $- $10 $20 $30 $40 $50 $60 $70 $0 $200 $400 $600 $800 $1,000 $1,200 FY21 FY22 FY23 FY24 FY25 FY26 NPAT (A$’M) Revenue (LHS) Net Profit (RHS) FY26* Guidance 10 YEAR CAGR ~30% REVENUE GROWTH REVENUE (A$’M)For personal use only
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PROVEN TRACK RECORD DISRUPTIVE BUSINESS MODEL UNIQUE WORKPLACE CUL TURE SUSTAINABLE GROWTH PROSPECTS LARGE ADDRESSABLE MARKETS POSITIVE INDUSTRY TRENDS CAPIT AL LIGHT OPERATIONS SIMPLE BALANCE SHEET & FINANCIAL FLEXIBILITY $1.7B MARKET CAP 202M ON ISSUE* SHARES $8.35 AT MARKET CLOSE SHARE PRICE 25 AUGUST 2025 AT MARKET CLOSE 25 AUGUST 2025 5 6 6 7 7 8 8 9 9 SHARE PRICE ($/SHARE) Capital structure excludes 1.8m FY24 Share Appreciation Rights and 7.84m FY26 Performance Rights. 12 17 INVESTMENT CASE For personal use only
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APPENDICES MADER GROUP LIMITED For personal use only
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LUKE MADER Founder & Executive Chair Founder of Mader, Luke is trade qualified with over 25 years’ experience in the mining services industry. Luke leads Mader’s strategic growth and development and has built Mader into a leading global provider of specialist technical services across multiple industries. JUSTIN NUICH PATRICK CONWA Y CRAIG BURTON Executive Director & Chief Executive Officer Justin has over 20 years’ experience in the mining and energy industries in Australia and globally. Currently Mader's Executive Director and CEO, Justin is well versed with the business having sat on the Board since January 2019. Executive Director & Director of Emerging Businesses Formerly the CEO and CFO of Mader, Patrick has been with the Company for over ten years and has a background in Public Practice accounting and business advisory. Patrick plays a pivotal role in influencing the Group’s strategic direction as the Director Emerging Business. Non-Executive Director Craig is a venture capital investor in emerging projects and businesses. He has a track record of providing financing backing and strategic advice to successful management teams and start -up entrepreneurs. BOARD OF DIRECTORS 18 For personal use only
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MOBILE PLANT MAINTENANCE RAPID RESPONSE TEAMS EXCAVATOR SUPPORT TEAMS DRILL SUPPORT TEAMS EQUIPMENT SHUTDOWN TEAMS MAINTENANCE PROJECTS TRAINING AND MENTORING ROSTERED SUPPORT INFRASTRUCTURE MAINTENANCE FABRICATION AND LINE BORING ELECTRICAL MAINTENANCE MARINE AND POWER GENERATION RAIL MAINTENANCE CLEAN TEAM OIL AND GAS INDUSTRIES ROAD TRANSPORT MAINTENANCE RESEARCH AND DEVELOPMENT INTO EMERGING MARKETS CORE MECHANICAL SERVICES OUR SELECTION OF SPECIALIST SERVICES ARE DESIGNED TO HELP CUSTOMERS MAKE LIGHT WORK OF HEAVY EQUIPMENT MAINTENANCE. GROWTH STRATEGY OUR SERVICES Contracted 50% Uncontracted 50% REVENUE PROFILE TYPICALL Y RECURRING WORK SCOPES FLEXIBLE PRICING REACTIVE SERVICE DELIVERY MUL TI-YEAR MASTER FRAMEWORK AGREEMENTS ANNUAL RISE AND FALL MECHANISM ZERO VOLUME GUARANTEED TO PROTECT PRICING DOWNSIDE METHOD OF CUSTOMER ENGAGEMENT 19 For personal use only
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OUR TRADE UPGRADE PROGRAM AIMS TO BRIDGE THE SKILLS GAP. THROUGH THIS INITIATIVE, WE WORK CLOSEL Y WITH OUR INDUSTRY PARTNERS TO FEED QUALITY TRADESPEOPLE INTO MINING ACROSS WESTERN AUSTRALIA, QUEENSLAND, NEW SOUTH WALES AND CANADA. WE ARE PROUD TO HAVE INDUCTED 640+ APPRENTICES INTO OUR TRADE UPGRADE PROGRAM SINCE INCEPTION IN 2019. 162+ ACTIVE IN FY25 120+ QUALIFIED IN FY25 4 GLOBAL DELIVERY LOCATIONS FUTURE PLANNING 20 For personal use only
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SPONSORED THE U18S NOVAMAN HUSKIES FEMALE HOCKEY TEAM IN CANADA, FOSTERING ATHLETIC GROWTH IN YOUTH AND SUPPORTING LOCAL COMMUNITIES. HOSTED STUDENTS FROM THE WA COLLEGE OF AGRICULTURE AT OUR MADER MAINTENANCE CENTRE, EXPOSING THEM TO THE DIFFERENT CAREER PATHWAYS AVAILABLE IN THE INDUSTRY. PARTNERED WITH PORT TO PUB ALONGSIDE PERTH CHILDRENS HOSPITAL AND TELETHON KIDS INSTITUTE TO MAKE A DIFFERENCE IN THE LIVES OF WEST AUSTRALIAN KIDS. WITH LASER FOCUS ON SUPPORTING DISADVANTAGED GROUPS AND EMPOWERING THE NEXT GENERATION, MADER'S TOOLS FOR LIFE PROGRAM REACHES EVERY CORNER OF THE WORLD. WE ARE COMMITTED TO CREATING A BRIGHTER FUTURE FOR THE COMMUNITIES WE OPERATE IN, EQUIPPING THEM WITH THE TOOLS THEY NEED TO BUILD A BETTER LIFE. SPONSORSHIPS CHARITY TOOLS FOR LIFE TOOLS FOR LIFE 21 For personal use only
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CAGR COMPOUNDING ANNUAL GROWTH RATE TRIFR TOTAL RECORDABLE INJURY FREQUENCY RATE PER ONE MILLION HOURS WORKED HV ELECTRICIAN HIGH VOL TAGE ELECTRICIAN L V MECHANIC LIGHT VEHICLE MECHANIC RT MECHANIC ROAD TRANSPORT MECHANIC PCP THE PRIOR CORRESPONDING PERIOD, BEING FY24 EBITDA EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION EBIT EARNINGS BEFORE INTEREST AND TAX NPAT NET PROFIT AFTER TAX NET LEVERAGE NET DEBT / ANNUALISED EBITDA EPS EARNINGS PER SHARE CPS CENTS PER SHARE FY26 THE PERIOD 1 JUL Y 2025 TO 30 JUNE 2026 FY25 THE PERIOD 1 JUL Y 2024 TO 30 JUNE 2025 FY24 THE PERIOD 1 JUL Y 2023 TO 30 JUNE 2024 H1 THE PERIOD 1 JUL Y 2024 TO 31 DECEMBER 2024 H2 THE PERIOD 1 JANUARY 2025 TO 30 JUNE 2025 OCFBIT OPERATING CASH FLOW, BEFORE INTEREST AND TAX GLOSSARY 22 For personal use only
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In this presentation, the terms “Mader”, “Mader Group” and the “Company” refer to Mader Group Limited (ACN 159 340 397) and, except where the context otherwise requires, its subsidiaries. This presentation has been prepared solely for the purpose of providing potential investors with information about the Mader Group. The information in this presentation is of a general background nature and is in summary form. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The content of this presentation is provided as at the date of this presentation (unless otherwise stated) and the information in this presentation is subject to change without notice. Forward-looking statements This presentation may include forward-looking statements. Such statements can generally be identified by the use of words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “continue”, “objectives”, “outlook”, “guidance”, “forecast” and similar expressions. Indications of plans, strategies, management objectives, sales and financial performance are also forward-looking statements. Such statements are based on assumptions and contingencies which are subject to change without notice and are not guarantees of future performance. Such forward-statements involve known and unknown risks, assumptions, contingencies, uncertainties and other factors, many of which are beyond the control of Mader and its respective officers, employees, agents or associates that may cause actual results to differ materially from those expressed or implied in such statement. Circumstances may change and the content of this presentation may become outdated as a result. Actual results, performance or achievements may vary materially from any projections and forward looking statements and the assumptions on which those statements are based. Mader assumes no obligation to update such information. Recipients of this presentation are strongly cautioned not to place undue reliance on forward-looking statements, particularly considering the current economic climate. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. Past performance Past performance information given in this presentation is given or illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. Information is not financial or product advice or offer of securities This presentation is not, and does not constitute, an offer to sell or the solicitation, invitation or recommendation to purchase any securities in any jurisdiction and neither this presentation nor anything contained in it forms the basis of any contract or commitment. This presentation is not a prospectus, product disclosure document, disclosure document, or other offering document under Australian law or any other law. It is for information only. Mader does not warrant or represent that the information in this presentation is free from errors, omissions or misrepresentations or is suitable for any intended use. Please note that, in providing this presentation, Mader has not considered the objectives, financial position or needs of any particular recipient and nothing contained in this presentation constitutes investment, legal, tax or other advice. Subject to any terms implied by law and which cannot be excluded, Mader accepts no responsibility for any loss, damage, cost or expense (whether direct or indirect, consequential, exceptional or special damages including but not limited to loss of revenue, profits, time, goodwill, data, anticipated savings, opportunity, business reputation, future reputation, production or profit, any delay costs, economic loss or damage) incurred by any person as a result of any error, omission or misrepresentation in this presentation. Mader strongly suggests that investors consult a financial advisor prior to making an investment decision. No liability or responsibility The information in this presentation is general in nature and is provided in summary form and therefore does not purport to be complete. No other party than Mader has authorized, permitted, or caused the issue or lodgement, submission, dispatch, or provision of this presentation, and there is no statement in this presentation which is based on any statement made by any of them or by any part other than Mader. To the maximum extent permitted by law, none of Mader, its respective related bodies corporates, shareholders, directors, officers, employees, agents or advisors, nor any other person accepts any liability, including, without limitation, any liability for any loss arising from the use of information contained in this presentation or otherwise arising in connection with this presentation. To the maximum extent permitted by law, Mader and each of its affiliates, directors, employees, officers, partners, agents and advisers and any other person involved in the preparation of this presentation disclaim all liability and responsibility (including without limitation, any liability arising from fault or negligence) for any direct or indirect loss or damage which may arise or be suffered through use or reliance on anything contained in, or omitted from, this presentation. The distribution of the presentation in jurisdictions outside Australia may be restricted by law and recipients of this presentation should observe any such restrictions. Any failure to comply with such restrictions may constitute a violation of applicable securities laws. This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities of Mader have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (Securities Act) or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and any other applicable securities laws or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws. This presentation should be read in conjunction with Mader’s other period and continuous disclosure announcements lodged with ASX. IMPORTANT NOTICE & DISCLAIMER 23 For personal use only