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ISOTEAM LTD. FULL YEAR ENDED 30 JUNE 2026 (FY2026) CORPORATE PRESENTATION 1
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Disclaimer All statements other than statements of historical facts included in this Presentation are or may be forward-looking statements. Forward-looking statements include but are not limited to those using words such as "aim", "seek", "expect", "anticipate", "estimate", "believe", "intend", "project", "plan", "strategy", "forecast" and similar expressions or future and conditional verbs such as "will", "would", "should", "could", "may" and "might". These statements reflect the Company's current expectations, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available information. Such forward-looking statements are not guarantees of future performance or events and involve known and unknown risks and uncertainties. Accordingly, actual results may differ materially from those described in such forward-looking statements. Shareholders and investors of the Company should not place undue reliance on such forward- looking statements. The Company does not guarantee any future performance or event or undertakes any obligation to update publicly or revise any forward-looking statements. 2
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Content 3 01 Business Overview 02 Business Highlights 03 Financial Highlights 04 Outlook and Strategy
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01 BUSINESS OVERVIEW
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About ISOTeam The leader in estate maintenance and building refurbishment 5
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Core Focus: R&R and A&A > 1,000 projects > 8,000 buildings Repairs & Redecoration (R&R) Works Addition & Alteration (A&A) Works Integrated Eco-conscious Solutions • Cyclical and life cycle maintenance • Recurring in nature: Every 5 years by regulation • Estate upgrading and enhancement programmes • NRP + HUP + EUP + HIP + ELU • Recurring in nature: Every 10 years by regulation Across public and private sectors FY2026 Revenue Mix 6 R&R 22.2% A&A 44.1% C&P 12.9% Others 20.8% $105.7 million
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Raymond Construction Pte. Ltd. (A&A, R&R, M&E services and air-conditioning services) 100% ISO-Team Corporation Pte. Ltd. (A&A and R&R) 100% TMS Alliances Pte. Ltd. (R&R) 100% ISO-Landscape Pte. Ltd. (Landscaping and horticulture services) 100% ISOTeam Homecare Pte. Ltd. (Handyman services) 100% ISOTeam C&P Pte. Ltd. (Specialist coating and painting) 100% ISOTeam Renewable Solutions Pte. Ltd. (Solar panels installation and mixed construction activities) 100% ISOTeam AET Pte. Ltd. (A&A and commercial interior design) 100% ISOTeam BuildTech Pte. Ltd. (AI-enabled solutions for the built environment) 100% Zara@ISOTeam Pte. Ltd. (Interior decoration and retrofitting works) 100% ISOTeam EleD Engineering Pte. Ltd. (Provision of electrical engineering services)* 100% Corporate Structure 7 Comprise mainly core Repairs & Redecoration, Addition & Alteration and Coating and Painting businesses, along with Renewable Solutions business *Incorporated on 1 July 2026
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02 BUSINESS HIGHLIGHTS
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Key Developments in 2HY2026 9 Expansion • In the midst of acquiring 68 Loyang Way for $5.69 mil for operational expansion • Part conversion into a factory-converted dormitory (est. 200- 400 beds) for own foreign workers • Additional parking space for vehicle fleet _______________________ • Land area: ~6,214 sqm • GFA: ~4,334 sqm • Tenure: Leasehold till 6 Nov 2037 Feb • Ben Teo as COO; and Lim Xin Deng as CFO • Appointments strengthen our leadership bench, enhance operational capabilities and financial stewardship Jul May • Signing of MOU with Global Green Connect (GGC) to adopt practical, technology- driven solutions in tandem with our CSR efforts MOU: GGC’s “Beyond Carbon: Building the Next Economy” • Raised up to $5.06 mil from Series 005 SDAX Issuance Jun Funding • Raised up to $5.43 mil from Series 004 SDAX Issuance Mar Sustainability Funding Leadership New Subsidiaries • Incorporated ISOTeam EleD Engineering to strengthen services and enhance cross- operational efficiency across subsidiaries Jul
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Order Book 10 49.8 82.1 64.4 45.4 31.3 36.4 43.5 56.7 136.0 175.8 182.4 193.1 178.6 161.9 176.2 185.3 0 50 100 150 200 250 1HY2023@31Dec 2HY2023@30Jun 1HY2024@31Dec 2HY2024@30Jun 1HY2025@31Dec 2HY2025@30Jun 1HY2026@31Dec 2HY2026@30Jun New projects secured during the period ($'M) Order book value ($'M) Order book to be largely delivered in the next two financial years
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Project Gallery 11 A & A A&A: Conservation shophouse at Jalan Besar R & R R&R: Tampines North & Tampines Changkat divisions R&R: Boon Tiong Road, Jalan Membina and Market & Hawker Centre at Tanjong Pagar Plaza NRP/R&R: Pasir Ris Drive 1/3/10 NRP: Jalan Tenaga NRP/R&R: Choa Chu Kang St 51 & 53 R&R: Pasir Ris Street 11/13
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Project Gallery 12 C & P C&P: Indoor Painting Robot @ HDB flats at Tengah C8 R&R @ Bellevue Residence Epoxy flooring @ NUS Epoxy flooring @ Cycling path Term contract: Development of parks, park connectors, and open spaces Saint Luke Hospital Land- scaping Jalan Tenaga / Jalan Damai
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Project Gallery 13 Macpherson Weave West Coast-Jurong West Town Council Office @ 325 Boon Lay Place Solarland @ Tuas South Interior Design Renewable Solutions
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Painting Drones 14 Updates on Painting Drone • Technical Upgrades in process • More rounds of test bedding ongoing • Live Demo and application to industrial building structures proposed in 2Q FY2027 • Forecast fleet expansion by 4Q FY2027
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03 FINANCIAL HIGHLIGHTS
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FY2026 Salient Highlights 16 1. Revenue impacted by the timing of revenue recognition based on project commencement and completion. 2. Gross profit and gross profit margin improved largely due to savings from the conversion of one floor of our headquarters to house our workers. 3. Higher dividend of 0.11 cents a share+ Revenue $105.7M -11.3% yoy Gross margin 18.3% +2.3 pts yoy ROE 8.2% FY2025: 10.7% + Compared to final dividend for FY2025 * Net profit attributable to equity holders of the Company ^ Excluding impairments EBITDA^ $10.5M -12.4% yoy Gross profit $19.4M +1.3% yoy NPAT* $4.9M -4.5% yoy
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130.2 119.2 105.7 53.8 52.7 15.5% 16.0% 18.3% 17.2% 18.0% 10% 15% 20% 0 50 100 150 FY24 FY25 FY26 2HY25 2HY26 Revenue ($'M) GPM (%) $’M FY2024 FY2025 FY2026 NPAT* 6.5 5.1 4.9 Gross Profit 20.2 19.1 19.4 EBITDA* 15.1 12.0 10.5 Times (x) 30-Jun-24 30-Jun-25 30-Jun-26 Int. Coverage Ratio (x) 4.1 4.0 3.8 Gearing Ratio 0.9 1.0 0.7 Debt Ratio 0.4 0.4 0.3 Quick Ratio 1.5 1.5 1.8 * NPAT and EBITDA exclude impairment loss on receivables and contract assets; including non-recurring items from other income 10.9 17.2 19.0 38.0 47.2 42.3 0 15 30 45 60 0 5 10 15 20 30-Jun-24 30-Jun-25 30-Jun-26 Cash Debt Position Key Financial Metrics 17 50.4 28.8 23.4 9.9 11.3 45.1 56.5 46.6 26.3 25.2 17.2 14.9 13.7 7.4 7.2 17.2 19.0 22.0 10.3 8.9 0 50 100 150 FY24 FY25 FY26 2HY25 2HY26 Segmental Revenue ($’M) R&R A&A C&P Others
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Income Statement: Expenses Key Expenses ($’M) FY2025 FY2026 Chg (%) Reasons for Variance Cost of sales (100.1) (86.4) (13.7) From significant savings from the conversion of part of our headquarters into a workers’ dormitory to house our own workers Marketing and distribution expenses (0.8) (0.8) (1.4) No material changes General and administrative expenses (12.4) (11.4) (7.9) Due to decrease in staff salaries & bonuses and professional fees Other expenses (0.6) (0.8) 34.3 Due to equity-settled share-based compensation Finance costs (2.2) (2.5) 13.3 Due to the unwinding of interest expense on the host liability component of the convertible bonds issued in FY2026 18 Any variances in percentage changes are due to rounding • Other income was $2.0 million in FY2026, a decrease of 46.2% from $3.7 million in FY2025, mainly due to the absence of one-off fair value gain on other investment
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Key Financial Highlights Balance Sheet ($’M) FY2025 FY2026 Current assets 93.1 102.1 Cash and bank balances 17.2 19.0 Net current assets 31.0 45.6 Net assets 48.4 60.1 Net asset value (cents) 6.79 7.51 Cash Flows ($’M) FY2025 FY2026 Operating cash flows before working capital changes 9.4 9.7 Cash generated from operations 0.1 5.0 Net cash generated from operating activities 0.1 4.2 Net cash used in investing activities (0.2) (1.5) Net cash generated from / (used in) financing activities 6.5 (0.4) 19
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Dividend 20 Dividend policy: At least 30.0% of net profit after tax* *Excluding non-recurring, one-off and exceptional items. FY2026 0.11 cents / share FY2025 0.08 cents / share FY2024 0.08 cents / share
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04 OUTLOOK AND STRATEGY
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22 Growth Driver: Stronger GDP Growth 2026 growth revised upwards from forecast of “2.0% to 4.0%” in May • Better-than-expected performance of the Singapore economy in 1H 2026 • Improved outlook for 2H 2026 due to the acceleration in global AI- related capital expenditure. Construction sector growth in 2Q2026 was up 5.8% year-on-year • Supported by expansions in both public and private sector construction output. • But slower than the 12.9% in 1Q2026 Construction sector outlook • Activity will continue to be supported by a robust pipeline of public and private construction projects Source: CAN and MTI, 11 August 2026
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Resilient Outlook: Singapore Construction Demand 23 $50.5B preliminary $39B-$46B forecast each year $47B-$53B forecast 2025 • Attributed to construction of institutional and housing projects 2026 Supported by packages for: • Changi T5 development • MBS Integrated Resort expansion • New Tengah General & Community Hospital • Downtown Line 2 extension • Thomson-East Coast Line extension 2027-2030 Pipeline of large developments • Changi T5 development • HDB BTOs construction • Redevelopment of NUH at Kent Ridge • Redevelopment of various Junior Colleges • Development of the new Singapore University of Social Sciences (SUSS) City Campus. Source: BCA, 22 Jan 2026
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24 Growth Driver: Growing Supply of New HDB Flats Source: HDB, 8 Jan 2026 and The Straits Times, 14 Jan 2026 Source: The Straits Times, 17 June 2026 Source: The Straits Times, 8 May 2026
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Growth Driver: Urban Renewal Plans 25 Neighbourhood Renewal Programme Silver Upgrading Programme Home Improvement Programme Number of homes that will benefit 20,000 9,000 18,000 Neighbourhoods that will benefit 17 projects in areas including Canberra, Hougang and Toa Payoh 10 precincts in Ang Mo Kio, Bukit Merah and Queenstown 12 towns including Bedok, Bishan, Jurong West, Pasir Ris, Sengkang, Serangoon, Tampines and Woodlands Commitment by the Government Over $130 million Not available $235 million Date announced April 2026 April 2026 May 2026 The Straits Times, April 18 2026 The Straits Times, 16 May 2026
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Strategic Plans 26 1 Build tech and automation capabilities to address efficiency, labour supply and rising costs • Drone deployment: To commercialise Al-enabled drones for façade inspection, washing and painting of blocks. These drones can potentially reduce painting time by up to 30%-40%. • Robotics: Painting robots to handle interior painting for BTO flats. 2 Green economy and sustainability to align our growth with SG Green Plan 2030 • Cool Paintings: Primary applicator for heat-reflective paints on HDB blocks. MND has made it mandatory for more than 10,000 HDB blocks undergoing their 5-year repainting programme to use cool paint system. • Renewable Energy: Solar energy system for commercial and industrial areas and for HDB, LTA, JTC; tapping into SG’s target for 2 GWp of solar capacity by 2030. • Eco-retrofitting: Green procurement policies to identify and use environmentally friendly materials. Water-based painting and coatings materials as well as in waterproofing and fireproofing materials. 3 Strategic Focus and Partnership • 20-year exclusive relationship with Nippon Paint for public sector which supports their cool coating and drone painting initiatives. • Partnership to set up a training center to train and upgrade the skill of workers; help to increase productivity and reduces the chance and cost of redundancy. Strong Foundation • Strong construction demand in Singapore in the next 3-5 years • Strong order book visibility till 2029 • Uniqueness of Singapore‘s mandatory housing upgrading policies • Stabilising supply of migrant workers 4 • To strive for consistent revenue growth of at least 10% year-on-year • To grow our profitability consistentlyGoal Transforming our traditional labour-intensive work method into a tech-driven, eco- conscious maintenance / upgrading specialistStrategy
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Investment Merits CapabilitiesNetworkTrack Record • Margin expansion via “Build Tech”: Reduce labour costs by 30%-40% and shorten project timelines • High growth “Green Economy” projects: Solar energy and heat reflective cool coating projects • Multi-disciplinary capabilities: The preferred one-stop solution provider in the BE sector. • Robust and long-standing relationships with Nippon Paint, SKK and TOC • Strategic partnerships: design@LOFT Architects, and Elite Engineering Specialist • Structural industry tailwinds: Over 27 years of experience and strong track record with Town Councils and HDB • Sustainable Growth: Resilient business with over 80% of revenue from the public sector • An established player and beneficiary of government spending: Firm construction demand to 2028 Team • Strong team of professional management and operations personnel • Attract and provide clear career pathway to be at the forefront of evolving trends • People development, career advancement and upgrading opportunities • Improving work-life balance and competitive compensation and benefits through supportive government grants Future • Strong growth momentum with order book worth $185.3 mil @FY2026; with active tenders in process • Riding the continued growth in the construction sector and the SG Green Plan 27
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v Thank You! 28 Q&A www.isoteam.com.sg ir@iso-team.com Sponsor Statement: This announcement has been prepared by the Company and its contents have been reviewed by the Company’s Sponsor, Hong Leong Finance Limited. It has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement. The contact person for the Sponsor is Mr Kaeson Chui, Vice President, at 16 Raffles Quay, #01-05 Hong Leong Building, Singapore 048581, Telephone (65) 6415 9886.
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Government Initiatives 29 Town Councils • Every 5 years: Repaint external walls and mandatory façade checks (R&R project cycle) HDB • Every 12-15 years: Neighbourhood Renewal Prog. • Home Improvement Prog. • Silver Upgrading Prog. NEA • Food Centre Upgrading Prog. National Parks & BCA • Park devt., maintenance & upgrading • Every 7 years: Facade checks (structures over 13-m in height and over 20-yo) FOR THE BUILT ENVIRONMENT CITY IN NATURE: LUSH 3.0 By 2030 • Increase nature parks’ land area by over 50% from 2020 baseline • Every household within a 10- minute walk from a park By 2035 • Add 1,000 ha of green spaces ENERGY RESET: GREEN ENERGY By 2030 • Increase solar energy to at least 2 GWp to meet around 3% of our 2030 projected electricity demand or for around 350,000 households RESILIENT FUTURE: KEEPING SINGAPORE COOL • Mitigate the Urban Heat Island (UHI) effect • Piloting the use of cool materials and reducing human-generated heat SG GREEN PLAN 2030 Source: www.greenplan.gov.sg (Jan 2024)
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More Growth Drivers 30 Estate URA Master Plan 2025 Gazetted 1. Expand supply of new homes At least 80,000 new public and private homes to be built in more than 10 new neighbourhoods across Singapore over the next 10 to 15 years. 2. Enhancing recreational spaces and nature Singapore’s Master Plan 2025 aims to expand the country’s environmental infrastructure with new land and marine conservation projects. Under it, the Kranji Nature Corridor will connect to important inland reserves, while the Bukit Timah Greenery Network will be extended with an elevated eco-trail set to open by 2027. 3. New integrated community hubs New hubs planned for towns such as Woodlands, Yio Chu Kang and Sengkang…these hubs will combine sports, healthcare, retail and recreation under one roof.” Estate Upgrading and Sustainability Initiatives 1. Neighbourhood renewal Prog. 17th BATCH Over $130 million set aside to rejuvenate 17 neighbourhoods 2. Green Towns Programme By 2030: Cool coatings for HDB blocks in all estates and upgrading of HDB-managed complexes to reduce carbon footprint eg roof-top solar panels 3. City in Nature The OneMillionTrees movement aims to restore nature back into our city through the planting of a million more trees across Singapore from 2020 to 2030. 4. Island-wide Cycling Network Expansion By 2030: To double cycling paths and park connectors to about 1,300 km. 5. Sport-in-Precinct Scheme By 2030, to have SIP facilities in all HDB estates within 10-minute walk