AEROMETREX LIMITED — AGM Information 2025

Nov 24, 2025

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ANNUAL GENERAL MEETING

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25 NOVEMBER 2025

DISCLAIMER

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This presentation is provided for information purposes only and is not a disclosure document as defined under the Corporations Act 2001 (Cth). This presentation does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase, sale or issue of any securities or any financial product nor does it constitute financial product or investment advice. The presentation does not contain all the information that may be required for evaluating the Company's assets, prospects or potential opportunities and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person.

No representation or warranty, express or implied, is made as to the accuracy, reliability, completeness or fairness of the information, opinions and conclusions contained in this presentation. Neither the Company, its related bodies corporate, shareholders or affiliates, nor any of their respective officers, directors, employees, related bodies corporate, affiliates, agents or advisers makes any representations or warranties that this presentation is complete or that it contains all material information about the Company or which a prospective investor may require in evaluating a possible investment in the Company or acquisition of securities. To the maximum extent permitted by law, none of those persons accept any liability, including, without limitation, any liability arising out of fault or negligence for any loss arising from the use of information contained in this presentation or in relation to the accuracy or completeness of the information, statements, opinions or matters, express or implied, contained in, arising out of or derived from, or for omissions from, this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness of any forecasts, prospects or returns (if any) contained in this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies. Neither the Company nor its related bodies corporate, shareholders or affiliates, nor any of their respective officers, directors, employees, related bodies corporate, affiliates, agents or advisers guarantees any return or generally the performance of the Company or the price at which its securities may trade. Any investment in the Company is subject to investment risks including the possibility of loss of capital invested and no return of income or payment of dividends.

Before making an investment decision, you should assess whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances and consider seeking your own independent legal, financial and commercial advice. Past performance is no guarantee of future performance.

The distribution of this document in jurisdictions outside Australia may be restricted by law. Any recipient of this document outside Australia must seek advice on and observe any such restrictions.

‐ This presentation may contain certain “forward looking statements” with respect to the financial condition, results of operations and business of the Company and certain plans and objectives of the management of the Company. Forward looking statements can generally be identified by words such as ‘may’, ‘could’, ‘believes’, 'plan', 'will', 'likely', ‘estimates’, ‘targets’, ‘expects’, or ‘intends’ and other similar words that involve risks and uncertainties, which may include, but are not limited to, the outcome and effects of the subject matter of this presentation. Indications of, and ‐ guidance on, future exchange rates, capital expenditure, earnings and financial position and performance are also forward looking statements.

‐ You are cautioned not to place undue reliance on forward looking statements as actual outcomes may differ materially from forward looking statements. Any forward looking statements, opinions and estimates provided in this presentation necessarily involve uncertainties, assumptions, contingencies and other factors, and unknown risks may arise, many of which are outside the control of the Company. Such statements may cause the actual results or performance of the Company to be materially different from any future results or performance expressed or implied by such ‐ forward looking statements. Forward looking statements including, without limitation, guidance on future plans, are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. Such forward looking statements speak only as of the date of this presentation.

The information in this presentation is current as at the date on the cover of the presentation and remains subject to change without notice, in particular the Company disclaims any intent or ‐ obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise.

Annual General Meeting – 25 November 2025

7 7

UNIQUE & UNPARALLELED CUSTOMER OFFERINGS

Leading market participant Only ASX listed company that specialises in imagery subscription services, airborne LiDAR & high-resolution 3D models

‘One-stop shop’ for customers Multi-product offerings covering wideranging use cases & industry applications

High quality products & team Quality, accuracy & deep technical experience that delivers customer solutions that is…

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…Australian made & Australian owned

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Image: MetroMap aerial imagery of South Road development in Adelaide

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Annual General Meeting – 25 November 2025

FY25 SNAPSHOT

Strong growth in MetroMap SaaS revenue of 11.5% with recurring subscription revenue now contributing 40% of group revenue

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Annual Contract Value (ACV)
Operating EBITDA
11,000
Revenue
10,500
$23.90m $3.46m + 12.9% 10,562
10,000
(FY24: $24.75m) (FY24: $2.89m)
9,500
9,357 9,329
9,000
Cash Subscription
8,500
Balance Revenue
8,427
8,000
$3.88m $9.57m 7,777
7,500
(June 2024: $8.31m) (FY24: $8.58m)
7,000
Jun 2023 Dec 2023 Jun 2024 Dec 2024 Jun 2025
ACV ($'000)
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Annual General Meeting – 25 November 2025

FY25 HIGHLIGHTS

Strong growth in MetroMap ACV of 12.8%

Strategic Review

Revenue

Key Wins

Record MetroMap subscription revenue of $9.57m up 11.5%

Completion of a Strategic Review with clear and measurable improvements to our business.

Award of a significant 3D coastal sand monitoring project for the South Australian Department of Environment and Water

Record Annual Contract Value of $10.56m up 12.8%

• Around $2m reduction in cost base

Award of a substantial agricultural digital twin and carbon project for Agronomeye

Growth in 3D revenue to $1.53m up 78.4%

• Sales acceleration and increased focus on recurring revenue

Increased EBITDA to $3.46m

Award of a significant LiDAR contract with the Queensland government

• Smarter Asset Utilisation resulting in additional revenue source from “off-the-shelf” LiDAR

Annual Contract Value (ACV)

Expansion of the Landchecker partnership agreement worth minimum $3.0m over two years with the option for two more.

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11.0
10.5
10.56
10.0 + 12.8%
9.5
9.0 9.36
8.5
8.0
7.5 7.78
7.0
6.5
6.0
Jun 2023 Jun 2024 Jun 2025
$'000
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• One Aerometrex Operating model

• Increased Brand and Investor engagement

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Annual General Meeting – 25 November 2025

METROMAP - SaaS

Subscription revenue continues to deliver strong growth

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Closing ARPS ($)

Record ACV of

Record subscription revenue of

$7,593 up 6.3%

$9.57m up 11.5%

$10.56m

up 12.8%

(FY24: $7,142)

(FY24: $9.36m)

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Annual Contract Value (ACV) MetroMap Subscription Revenue
11,000 12,000
10,500
10,562 10,000
CAGR of 16.5%
10,000 since June 2023 9,568
8,000 8,579
9,500
9,357 9,329 7,191
9,000 6,000
5,855
8,500
4,000
8,427
8,000 3,640
2,000
7,777
7,500
705
7,000 0 344
Jun 2023 Dec 2023 Jun 2024 Dec 2024 Jun 2025 FY19 FY20 FY21 FY22 FY23 FY24 FY25
($’000)
ACV ($'000)
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MetroMap Subscription Revenue - HoH
6,000
5,000
4,000
3,000
2,000
1,000
0
Dec-18 Jun-19 Dec-19 Jun-20 Dec-20 Jun-21 Dec-21 Jun-22 Dec-22 Jun-23 Dec-23 Jun-24 Dec-24 Jun-25
1H19 2H19 1H20 2H20 1H21 2H21 1H22 2H22 1H23 2H23 1H24 2H24 1H25 2H25
($'000)
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Annual General Meeting – 25 November 2025

METROMAP - SaaS Subscription revenue continues to deliver strong growth

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MetroMap ACV & Breakeven Range
13,000
12,000
Breakeven range
11,000
11,132
10,562
10,000
9,357 9,329
9,000
8,427
8,000
7,777
7,000
Jun 2023 Dec 2023 Jun 2024 Dec 2024 Jun 2025 Aug 2025
(est)
($'000)
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Annual General Meeting – 25 November 2025

METROMAP

Momentum continues to build in the MetroMap product

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MetroMap Revenue
Subscription Off-the-shelf Project
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
FY21 FY22 FY23 FY24 FY25
($’000)
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Momentum continues in subscription revenue

Opportunities exist in value accretive off-the-shelf sales – positive impact to revenue and cash with high flow through margin to EBITDA – Imagery, 3D and LiDAR

Opportunistic project work undertaken when existing aviation assets are adjacent or capture adds to the existing MetroMap footprint for the benefit of all customers

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Annual General Meeting – 25 November 2025

LiDAR

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LiDAR Revenue
16,000
14,000
14,153
12,000 12,765
10,000 11,319 10,923
8,000 8,929
6,000
4,000
2,000
0
FY21 FY22 FY23 FY24 FY25
LiDAR Revenue - HoH
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
1H21 2H21 1H22 2H22 1H23 2H23 1H24 2H24 1H25 2H25
($'000)
($'000)
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LiDAR revenue down from $14.15m to $10.92m

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Strong re-occurring revenue from existing customer base Available capacity with existing assets to drive revenue expansion

QGC (Shell) contract win announced July 2025 for $1.08m Number of contracts wins up on FY24 by 9.1% but average deal size down 29% which is expected to cyclical in nature

With recurring customers and key customer wins FY26 is expected to return to strong results in line with or an improvement on FY24 revenue

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Annual General Meeting – 25 November 2025

GLOBAL 3D

Revenue up 77.9% from $0.86m to $1.53m

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3D Revenue

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3,000
2,500
2,477
2,000 2,147
1,849
1,500
1,531
1,000
858
500
0
FY21 FY22 FY23 FY24 FY25
($'000)
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3D Revenue - HoH

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1,400
1,200
1,000
800
600
400
200
0
1H21 2H21 1H22 2H22 1H23 2H23 1H24 2H24 1H25 2H25
($'000)
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3D remains a blue-sky opportunity

High-resolution projects undertaken for wide ranging uses cases in Australia & USA, for primarily government customers, including:

• Urban planning

• Coastal capture & change analysis

• Coastal sand monitoring

US operations and opportunities strategically managed from Australia

Key highlights:

• Major coastal sand monitoring program for South Australian Department for Environment and Water (DEW)

• High-resolution 3D reality mesh and level of detail building model projects for University of California San Francisco

• Rockefeller Plaza model showcased by NBC News during 2024 US election coverage

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Annual General Meeting – 25 November 2025

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LOOK AHEAD Robert Veitch 03

FY26 PRIORITIES

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MetroMap

• Continue momentum and grow/mature pipeline

• Expand and refine capture program

• New product features to expand reach

LiDAR

• Build & accelerate opportunity pipeline

• Expand in emerging markets of renewables & carbon farming

• Investigate innovative delivery mechanisms

Global 3D

• Pursue Australian and global project opportunities

• Product enhancements to drive customer value & in turn revenue opportunities

Image: MetroMap aerial imagery of Urban sprawl, Yanchep, Perth, Western Australia

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Annual General Meeting – 25 November 2025

FY26 Q1 TRADING UPDATE

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MetroMap Annual Contract Value (ACV)

MetroMap

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12,000
▪
$1m Q1 ACV increase (42% annualised growth)
11,500
▪ 11,540
Significant government contracts
32% growth rate
▪ Launched new features and expanded coverage 11,000 since Jan 2025
(annualised)
10,500
10,562
10,000
▪
$3.2m revenue in Q1, up 52% over the same period last year
▪ Major contract win with Shell QGC 9,500
▪ 9,357 9,329
Unsecured pipeline of $19m
9,000
Global 3D 8,500
8,427
▪ Secured Global project wins 8,000
▪ Strong forward pipeline 7,500 7,777
7,000
Jun 2023 Dec 2023 Jun 2024 Dec 2024 Jun 2025 Sep 2025
($'000)
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• LiDAR ▪ $3.2m revenue in Q1, up 52% over the same period last year

• ▪ Major contract win with Shell QGC

• ▪ Unsecured pipeline of $19m

Global 3D

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Annual General Meeting – 25 November 2025

VISION AND PURPOSE STATEMENTS

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OUR VISION

We provide insight to stimulate your imagination

OUR PURPOSE

To deliver customers quality & innovative geospatial solutions so they can ‘see their world clearly’

OUR VALUES

Are perfectly ‘CLEAR’

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(9 October 2025)
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Annual General Meeting – 25 November 2025

MAJOR UPDATE TO METROMAP MAPVIEWER

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Largest ever update to MetroMap Mapviewer platform

Major new features including Oblique Imagery and Elevation tool

New Modern look User Interface

Increased coverage area with the same cost base Investment in Sales team with a proven talent and online channel

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Sydney Area MetroMap Capture
Program: 1 May - 31 Oct 2024
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Annual Contract value (ACV) now exceeding the cost to deliver the platform

Update is the first stage in the development of long-term strategic roadmap

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Annual General Meeting – 25 November 2025

BUILDING A PATHWAY TO PROFITABILITY

Getting the UNDERSTAND SERVICE OUR fundamentals right ENHANCE THE OUR CUSTOMERS WAY WE WORK CUSTOMERS WELL EMPLOYEE SAFELY BE FOCUSED & INVEST CLARITY & UNDERTAKE DISCIPLINED WISELY ALIGNMENT OUR WORK

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Annual General Meeting – 25 November 2025

INVESTOR VALUE PROPOSITION

A trusted & leading geospatial tech GROWTH REDUCED COST SIGNIFICANT STRUCTURE AND company ORIENTATED PRODUCT IMPROVING STRATEGY ENHANCEMENTS EBITDA STRONG STRONG TEAM PAST GROWTH IN RECOGNISED OF PEOPLE WITH BREAKEVEN ANNUAL INDUSTRY INDUSTRY FOR METROMAP CONTRACT INNOVATOR EXPERIENCE VALUE

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Annual General Meeting – 25 November 2025

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P: +61 8 8362 9911 E: investorrelations@aerometrex.com.au W: https://aerometrex.com.au/asx-announcements MetroMap: www.metromap.com.au

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This presentation has been approved by the Board of Aerometrex