EVZ LIMITED — AGM Information 2012

Nov 29, 2012

EVZ LIMITED ANNUAL GENERAL MEETING 30 NOVEMBER 2012

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DISCLAIMER

This presentation has been prepared by EVZ Limited. The content in this presentation is for information purposes only. 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.

No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness for the information, opinions and conclusions contained in this presentation. EVZ Limited,nor any of its directors, officers, employees or agents, nor any person accepts liability, including, without limitation, any liability arising out of fault or negligence for any loss arising out of fault or negligence, for any loss arising from the use or the information contained in 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 contained in this presentation. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies.

Before making an investment decision, you should consider, with or without the assistance of a financial advisor, whether an investment is appropriate in the light of your particular investment needs objectives and financial circumstances.

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MAX FINDLAY

CHAIRMAN

• ✾ FY12 a watershed period for EVZ

• ✾ Rationalisation included divestment of National Engineering

• ✾ Brockman - Danum merger completed

• ✾ Clean energy strategy created and progressed

• ✾ CEO appointment in September 2012

• ✾ Raelene Murphy appointed as a Director, Peter Jones resigned from Board

• ✾ Asian growth for Syfon Systems

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SCOTT FARTHING

CHIEF EXECUTIVE OFFICER

CAREER BACKGROUND

• ✾ Joined EVZ as Chief Executive Officer on 24 Sept 2012

• ✾ Scott’s career background includes more than 25 years in the engineering sector leading businesses in the building, energy and infrastructure sectors

• ✾ Most recently Scott worked for AECOM, one of the worlds leading technical and management consulting organizations

• ✾ Scott has worked in Asia, New Zealand, Mauritius, and most capital cities in Australia during his career

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SAFETY

EVZ Limited through Brockman Engineering and TSF Engineering are focused on building a greater involvement in the mining, oil and gas sectors.

An increased focus on health and safety standards of our staff through the Safety for Life initiative will become more apparent in FY13.

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EVZ SAFETY PERFORMANCE

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0
2010 2011 2012
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Lost Time Injury

✓ 2012 LTIFR at 9.6

✓ Industry average at 13.4 ✓** Positive Incentive Scheme underway

• ** Safe Work Australia 2012 www.safeworkaustralia.gov.au

EVZ LIMITED

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6 6 6
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2010 2011 2012 2010 2011 2012 2010 2011 2012 2010 2011 2012
Lost Time Injury Lost Time Injury Lost Time Injury Lost Time Injury
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BROCKMAN ENGINEERING

SYFON SYSTEMS

TSF ENGINEERING

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TSF MAINTENANCE
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FY12 SUMMARY

Year ending 30 June 2012 was a period of consolidation of EVZ Limited

✓ Interim CEO - Raelene Murphy

✓ Sale of National Engineering

• ✓ Integration of Brockman and Danum

• ✓ Improved financial governance

✓ Talent acquisition in TSF Engineering

✓ CEO recruitment search

✓ Development of Strategic Plan for FY13 and beyond

✓ Key focus on Clean Energy strategy

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FY13 PROGRESS

Progress in FY13 has been in line with expectations and in concert with the new strategic direction of the group.

• ✓ CEO appointment completed

• ✓ Focus on improved earnings and de-leveraging

• ✓ Talent acquisition and succession planning underway

• ✓ Execution of the Strategic Plan underway

• ✓ Focus on delivering Clean Energy solutions

• ✓ New major projects secured, Melbourne Airport, Caltex Newport,and Fraser’s Development, Sydney

• ✓ Renewed focus on creating a stronger pipeline

• Cost control mantra at all levels of the business

• ✓

• ✓

• EVZ Energy divestment, non strategic business

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GROUP BUSINESSES Progress briefing on group businesses

✾ Brockman Engineering ✾ Syfon Systems ✾ TSF Engineering

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BROCKMAN ENGINEERING

Market conditions exhibit tough price competitiveness in addition to procurement process delays.

✓ Regional industry leader in large scale tanks and traceable piping

✓ Well established client base

✓ Growth opportunities in Western Australia

✓ FY13 YTD earnings in line with expectations

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CURRENT PROJECTS

✓ Shell Refinery Tank Maintenance Geelong, Vic, $8M pa ✓ Caltex Flow Upgrade Newport, Vic, $4M ✓ Yarra Valley Water Mt Ridley Tank, Vic, $4M ✓ Shell Newport Tank and Piping Upgrade, Vic, $4M

BROCKMAN ENGINEERING

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ACTIVE MAJOR BIDS

✓ Barwon Water Torquay Tank, Vic

✓ Anchortank Coode Island Terminal, Vic ✓ Alcoa Anglesea Power Shut Down, Vic ✓ Total weighted current prospective projects $4.5M ✓ Current work in hand $18.6M (25 weeks)

BROCKMAN ENGINEERING

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Market conditions exhibit tough price competitiveness in addition to procurement process delays.

SYFON SYSTEMS

✓ Industry leader in siphonic drainage

✓ Well established on eastern seaboard

✓ Growth opportunities in Asia and Western Australia

✓ FY13 YTD earnings in line with expectations

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CURRENT PROJECTS

✓ Craigieburn Town Centre, Vic, $1M ✓ Melbourne Park West Precinct, Vic $1M

✓ Putra Stadium, KL Malaysia, $1M ✓ Mater Hospital, Qld, $0.6M

SYFON SYSTEMS

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ACTIVE MAJOR BIDS

✓ Abu Dhabi Airport, UAE

✓ Studio City Casino, Macau

✓ 101 Mall, KL Malaysia

✓ Westfield Mt Gravatt, Qld

✓ Total weighted current Australian prospective projects $20M ✓ Total weighted current Asian prospective projects $4.6M ✓ Current work in hand $10M (29 weeks)

SYFON SYSTEMS

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TSF ENGINEERING

TSF Engineering has 45 years experience in delivering turnkey power plant solutions in Australia

• ✓ Leader in gas fired power plant technology

✓ Leader in turnkey solutions for CoGeneration and TriGeneration

✓ Transition from turnkey solutions to DBOOM energy solutions

• ✓ Energy solutions is a growth market

✓ FY13 YTD earnings are below expectations due to project procurement delays

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CURRENT PROJECTS

✓ Melbourne Airport TriGen, Vic, $18M ✓ LifeHouse Research Facility, NSW, $2M ✓ Next DC Data Centre, NSW, $2M

TSF ENGINEERING

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ACTIVE MAJOR BIDS

✓ Global Switch Data Centre, Power Plant, NSW

✓ Yanimar Mine Power Plant, WA

✓ Baxter Healthcare Trigeneration, NSW

✓ Total weighted current prospective projects $14M ✓ Current work in hand $22M (59 weeks)

TSF ENGINEERING

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CLEAN ENERGY STRATEGY ✓ Gas energy specialists ✓ Remote power plants

✓ CoGeneration

(Power Generation + Waste Heat)

✓ TriGeneration

(Power Generation + Waste Heat + Cooling)

CLEAN ENERGY STRATEGY

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CLEAN ENERGY STRATEGY
ELEC
GRID
WHAT IS COGENERATION?
E << 1.0
ELEC ENERGY
POWER
E = 0.45
GAS ENGINE
GAS FUEL HEATING
PROCESS
E = 1.0 E = 0.40
CUSTOMER
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Greenhouse Gas Reduction of 70%

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CLEAN ENERGY STRATEGY

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CLEAN ENERGY STRATEGY
ELEC
GRID
WHAT IS TRIGENERATION?
E << 1.0
ELEC ENERGY
POWER
E = 0.45
GAS ENGINE
GAS FUEL
HEATING
E = 0.40
E = 1.0 ABSORP
CHILLER PROCESS
COOLING
E = 0.45
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CUSTOMER

Greenhouse Gas Reduction of 70%

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THREE POINT PLAN

1.STRENGTHEN PROJECT PIPELINE

Increased BD focus, stronger opening, middle and closing skills, new resources and talent

1. COMPLIMENTARY ACQUISITION PROGRAM Secure additional capability, industry sector expansion, geographic expansion

3. ASSET MODEL - DBOOM OFFERING

Design, Build, Own, Operate, Maintain to selected clients

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MARKET ASSESSMENT

✓ Energy costs rising to significance

✓ Electricity to gas price differential widening

✓ Greenhouse gas reduction targets

✓ Carbon tax regulatory changes

✓ Energy White Paper 2012 widely supports

“distributed generation”

✓ Operating cost pressure, energy a factor

Enquiry level in the distributed energy sector has increased each month in 2012 and is expected to continue

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INDUSTRY SECTORS

✓ Built Environment: Healthcare, Commercial ✓ Food Manufacturing

✓ Process Manufacturing

✓ Remote Mine Sites

✓ Civil Infrastructure: Airports ✓

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TURNKEY PROJECTS

✓ Design, Build, Commission

✓ Capacity 1MW - 30MW

✓ Integrated technical capability ✓ Ongoing maintenance flow on work

✗ Pricing competitiveness high

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ASSET MODEL - DBOOM

✓ Design Build, Own, Operate, Maintain ✓ Ownership life - 15 years

✓ Selected creditworthy clients ✓ No capital outlay energy cost reduction ✓ Conservative equity - debt ratios ✓ Stable income for concession period ✓ End to end service involvement

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SUMMARY

✓ Clean energy strategy underway ✓ Brockman and Syfon YTD good ✓ Cogeneration and trigeneration ✓ TSF Engineering YTD improving ✓ Increased BD focus in all sectors ✓ Market price competitiveness high ✓ Enquiry rate increasing in clean energy ✓ Talent acquisition plan underway ✓ DBOOM offering growth ✓ Succession planning underway

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MAJOR PROJECT Melbourne Airport TriGeneration

MELBOURNE AIRPORT TRIGENERATION FACILITY PROJECT

Melbourne Airport has embarked on a strategy to increase their energy security, reduce their peak demand and enhance their environmental credentials with a newly proposed 8MW natural gas fired purpose built on site power station.

TSF Engineering has been chosen to deliver this turnkey project involving design, construction and commissioning. The design phase has recently commenced with construction proposed to commence in July 2013, subject to approvals.

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PLANT CAPACITY

Electricity Generation = 8.0MW Cooling Capacity = 6.0MW Heating Capacity = 4.5MW

Design to the highest quality standards with industry best equipment BROAD chillers and MWM reciprocating engines custom built in Germany.

The plant will be designed to recover all of the heat and use it for either cooling in the summer using the absorption chillers or for heating in the winter.

The plant will provide the airport with additional resilience in the event of electrical grid failure.

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COGENERATION

A plant configuration that simultaneously delivers a combination of heat and electrical energy. The plant comprises an engine fueled by gas that is either reciprocating or rotary turbine in nature

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DBOOM

Project structure where the provider (TSF Engineering) undertakes Design, Build, Ownership, Operations and Maintenance of the plant.

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TRIGENERATION

A plant configuration that simultaneously delivers a combination of cooling, heating and electrical energy. The plant comprises an engine fueled by gas that is either reciprocating or rotary turbine in nature and an absorption chiller fueled by heat from the process.

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