AVADA GROUP LIMITED — AGM Information 2024

Nov 19, 2024

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AVADA GROUP LIMITED 2024 Annual General Meeting

20 November 2024

IMPORTANT NOTICE AND DISCLAIMER

This document dated 20 November 2024 has been prepared by AVADA Group Limited (ACN 648 988 783) (the Company) and is provided for information purposes only. It contains summary information about the Company and its activities and is current as at the date of this document. It should be read in conjunction with the Company’s periodic and continuous disclosure announcements filed with the Australian Securities Exchange, available at www.asx.com.au.

This document does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in the Company nor does it constitute financial product advice. This document is not a prospectus, product disclosure statement or other offer document under Australian law or under any other law. This document has not been filed, registered or approved by regulatory authorities in any jurisdiction.

The information contained in this document is not intended to be relied upon as advice or a recommendation to investors and does not take into account the investment objectives, financial situation, taxation situation or needs of any particular investor. An investor must not act on the basis of any matter contained in this document but must make its own assessment of the Company and conduct its own investigations and analysis. Investors should assess their own individual financial circumstances and consider talking to a financial adviser, professional adviser or consultant before making any investment decision.

By reading this document you agree to be bound by the limitations set out in this document. No representation or warranty, express or implied, is made as to the accuracy, reliability, completeness or fairness of the information, opinions, forecasts, reports, estimates and conclusions contained in this document. To the maximum extent permitted by law, none of the Company and its related bodies corporate, or their respective directors, employees or agents, nor any other person accepts liability for loss arising from the use of or reliance on information contained in this document or otherwise arising in connection with it, including without limitation any liability from fault of negligence.

Past performance is not indicative of future performance and no guarantee of future returns is implied or given. Nothing contained in this document nor any information made available to you is, or shall be relied upon as, a promise, representation, warranty or guarantee as to the past, present or the future performance of the Company.

Certain statements in this document constitute forward looking statements and comments about future events, including the Company's expectations about the performance of its business. Such forward looking statements involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company and which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Forward looking statements are provided as a general guide only and should not be relied on as an indication or guarantee of future performance. Given these uncertainties, recipients are cautioned to not place undue reliance on any forward looking statement. Subject to any continuing obligations under applicable law the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements in this document to reflect any change in expectations in relation to any forward looking statements or any change in events, conditions or circumstances on which any such statement is based.

This document contains unaudited financial information for the Company that has been prepared by the Company’s management.

This document may not be reproduced or published, in whole or in part, for any purpose without the prior written consent of AVADA Group Limited.

Authorised for release by the Board of Directors of AVADA Group Limited

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AVADA Group Limited – 2024 AGM 2

AGENDA

CHAIRMAN'S ADDRESS MANAGING DIRECTOR & CEO'S ADDRESS FORMAL BUSINESS QUESTIONS

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AVADA Group Limited – 2024 AGM 3

Board of Directors

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Lance Daniel Ann-Maree Jo Courtney Neil Lindsay Hockridge Crowley Robertson Willoughby Black Scales OBE Barber N O N - E X E C U T I V E M A N A G I N G D I R E C T O R D I R E C T O R D I R E C T O R D I R E C T O R D I R E C T O R C H A I R M A N D I R E C T O R & C E O

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AVADA Group Limited – 2024 AGM

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https://meetings.linkgroup.com/AVD24

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01

Chairman’s Address

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It’s a privilege to address you as Chairman, reflecting on what has been a year of both challenges and strides forward for AVADA.”

LANCE HOCKRIDGE

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AVADA Group Limited – 2024 AGM

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FY24 HIGHLIGHTS

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UNDERLYING EBITDA UNDERLYING REVENUE $18.83m $204.9m

16% $1.46m REVENUE STATUTORY GROWTH PROFIT

from acquisitions and existing business

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AVADA Group Limited – 2024 AGM 8

AVADA TRAFFIC FOOTPRINT

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AVADA Group Limited – 2024 AGM 9
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02 DANIEL CROWLEY Managing Director & CEO’s Address

FY24 ACTIVITIES

Consolidation of businesses to create a single brand, AVADA Traffic

Strong cost control and margin growth

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STA ACQUISITION consolidated into the Victorian operations

NEW ZEALAND BUSINESS WILSONS TRAFFIC consolidated into a cost-effective operating structure

CONSOLIDATION OF DEPOT FOOTPRINT

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CENTRALISATION OF SYSTEMS AND TECHNOLOGY to create greater operational efficiencies

SHARED SERVICE FUNCTIONS embedded throughout the business

INVESTMENT COMMENCED IN new payroll and finance systems

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AVADA Group Limited – 2024 AGM

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AVADA has more than 2,100 traffic controllers, 1,050 vehicles and 25 depots. These are significant numbers that demonstrate our size and indicate the scale of opportunity.”

DANIEL CROWLEY

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AVADA Group Limited – 2024 AGM

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POSITIVE INDUSTRY OUTLOOK

Infrastructure development continues to expand

Urbanisation and population growth in major cities $2 billion industry in Australia

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OUR CLIENT BASE

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Infrastructure Maintenance Government
Civil construction Energy Local Government
Roads and highways Water State Government
Upgrades Repair and upgrades Federally funded
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AVADA Group Limited – 2024 AGM

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TRADING UPDATE AND OUTLOOK

OPERATIONAL EFFICIENCIES and cost structures maintained in line with expectations

STRONG PIPELINE OF PROJECTS

EXPANDING PREFERRED SUPPLIER AGREEMENTS

INTEGRATION TO A SINGLE BRAND, AVADA TRAFFIC progressing well

INVESTMENT IN TECHNOLOGY and systems to support operations

RESOURCE UTILISATION OPPORTUNITIES continue to be optimised

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AVADA Group Limited – 2024 AGM 14

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03

RESOLUTION 1

Directors’ Remuneration Report

To consider and, if in favour, to pass the following resolution as a non-binding ordinary resolution:

‘That the Remuneration Report be adopted.’

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AVADA Group Limited – 2024 AGM 16

RESOLUTION 2

Election of Lindsay Barber as a director

To consider and, if thought fit, to pass the following resolution, as an ordinary resolution:

'That, Mr Lindsay Barber who, having been appointed by the Board as a Director since the last Annual General Meeting, retires in accordance with the Constitution and Listing Rules and being eligible offers himself for election as a director of the Company, be elected as a director of the Company.'

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AVADA Group Limited – 2024 AGM 17

RESOLUTION 3

Approval of additional 10% capacity under Listing Rule 7.1A

To consider and, if thought fit, to pass the following resolution, as a special resolution:

'That, for the purposes of Listing Rule 7.1A and for all other purposes, Shareholders approve the Company having the additional capacity to issue equity securities up to 10% of the issued capital of the Company (at the time of issue) calculated in accordance with the formula prescribed in Listing Rule 7.1A.2 over a 12 month period from the date of the Annual General Meeting, at a price no less than that determined pursuant to Listing Rule 7.1A.3 and otherwise on the terms and conditions set out in the Explanatory Memorandum.'

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AVADA Group Limited – 2024 AGM 18

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04

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Thank You
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AVADA Group Limited – 2024 AGM 20

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ABN 57 648 988 783

Contact Us

AVADA Group Limited Suite 1, Level 2, 116 Ipswich Road Woolloongabba QLD 4102 T 1300 321 995 E contact@avadagroup.com.au

avadagroup.com.au