EVZ LIMITED — Annual Report 2011

Sep 8, 2011

EVZ LIMITED Investor Update

September 2011

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Financial Highlights
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Trading Conditions Similar to FY10

• Revenue of $79.7m

• 2010: $77m

• EBITDA of $2,323k

• 2010: $2,369k

• EBIT of $1,249k

• 2010: $1,332k

• NPAT of $207k

• 2010: $259k

• EPS of 0.10 cps

• 2010: 0.12 cps

• Comfortable gearing, with net debt to equity ratio at 30 June of 14.5%

• 2010: 17.5%

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Business Highlights
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Engineering Division

EVZ Brockman

• Strong forward orders - $20m at 30 June 2011

• Brockman and Danum merger completed 30 June 2011

• Recently won Projects: BHP – Port Hedland, Yarra Valley Water

• Consolidated offering

• Cost savings

• Pricing in all States

• Focus on tanks and pipe spooling expertise

• Significantly increased work flows from Shell and Alcoa

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Business Highlights
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Engineering Division (continued)

EVZ National

• Strong forward orders $11.9m at 30 June 2011

• Focus on mining/resources and industrial construction sectors: o Work won at Bengalla Mine and East Cadia Mine

• Enhanced focus:

• Management restructure

• Driving recovery and building margins

• o Work levels

• Efficient production

• o Project management and site delivery

• Reputation

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Business Highlights
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Power Division

EVZ Power Systems

• Broad based customer portfolio – minimised Telstra reliance

• Enhanced delivery focus

• Pursuing expansion into secondary markets: o EVZ Energy – equipment hire/sales

• Continued growth in Maintenance division

• Melbourne office opened

• Sourcing competitively priced products offshore

• Co/Tri-generation opportunities o GPT – Charlestown Shopping Centre

• Horizontal integration in Power sector

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Business Highlights
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Water Division

EVZ Syfon Systems

• Record forward orders $10m at 30 June 2011

• Preferred supplier status

• Price/margins still extremely competitive – targeting increases

• WA market established and growing

• Further push into Asia - Vietnam

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In Summary …
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• Increased exposure to higher margin mining, resource, industrial construction and energy markets

• Streamlined operations and greater controls over business units

• Comfortable gearing

• Well positioned to take advantage of building momentum to grow revenue and margins

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Appendices
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2011 RESULTS

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EVZ Overview
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Top 5 Shareholders:

• UBS Nominees Pty Ltd

• Powis Enterprises Pty Ltd (A Powis)

• Cameron Richard Pty Ltd and Stuart Andrew Pty Ltd (P Jones)

• Airlie Beach Holdings Pty Ltd (G Burns)

• Smithley Super Pty Ltd

Shares % 15,603,089 7.50 8,570,000 4.12 8,000,000 3.85 7,000,000 3.37 5,200,000 2.50

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Board & Management
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Directors: Senior Management:

• M Findlay (Non-Executive Chairman)

• P Jones (Non-Executive Director)

A Powis (Chief Executive Officer) I Wallace (Chief Financial Officer & Company Secretary) M Goddard (GM EVZ Brockman)

• G Burns (Non-Executive Director)

• R Edgley (Non Executive Director)

J Gonzalez (GM EVZ National) A Bellgrove (GM EVZ Syfon Systems) A Green (GM EVZ Power Systems) S Fairbairn (GM EVZ Energy)

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Profit & Loss Comparisons
12 months to 12 months to
30/6/11 30/6/10
$’000 $’000
Revenue 79,665 77,046
EBITDA 2,323 2,369
EBIT 1,249 1,332
EBT 364 371
NPAT 207 259
EPS (cents) 0.10 0.12
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Balance Sheet
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As at 30/6/11 As at 30/6/10 $’000 $’000

Current Assets Total Assets Current Liabilities Total Liabilities Net Assets Issued Capital Total Equity Net Debt to Equity

23,568 24,585 61,502 62,445 19,695 24,156 23,600 24,560 37,902 37,885 46,023 46,023 37,902 37,885 14.5% 17.5%

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Cash Flow Comparison
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12 months to 12 months to 30/6/11 30/6/10 $’000 $’000

Net cash provided by operating activities Net cash used in investing activities Net cash used by financing activities Net decrease in cash held Net cash on hand

2,665 1,556 (1,084) (806) (1,938) (2,725) (358) (1,965) 3,452 3,810

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Disclaimer
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This presentation has been prepared by EVZ Limited for professional investors. The information contained in this presentation is for information purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. 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 presentation has been prepared without taking into account the investment objectives, financial situation or particular need of any particular person.

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 the presentation. To the maximum extent permitted by law, none of EVZ Limited, its directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault.

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 nor is any obligation assumed to update such information. 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 adviser, whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances. Past performance is no guarantee of future performance The distribution of this document is jurisdictions outside Australia may be restricted by law. Any recipient of this document outside Australia must seek advice on and observe such restrictions.