EVZ LIMITED — Earnings Release 2024

Dec 18, 2023

19 December 2023

The Manager Market Announcements Office Level 4, North Tower, Rialto 525 Collins Street MELBOURNE VIC 3000

EARNINGS GUIDANCE FIRST HALF FINANCIAL YEAR 2024

EVZ Limited (ASX: EVZ) is pleased to provide guidance regarding the financial results of the Company for the half year ended 31 December 2023.

The guidance is based upon the earnings from the year-to-date work delivered plus the Company’s forward forecast of earnings from current works in progress that are expected to be delivered by the end of the first half of the financial year.

EVZ’s first half revenue is expected to be in the range of $59M to $61M, delivering a forecast EBITDA of $2.5M to $2.7M. The Company reported revenue of $49M and EBITDA of $2.0M in the first half of FY23.

The full year financial performance is expected to demonstrate improving profit margins as the operational improvements being implemented across our businesses become more evident.

This guidance is based on preliminary unaudited financials. The final audited half year results are expected to be released to the ASX in the week commencing 19 February 2024.

For further information please contact.

Scott Farthing Chief Executive Officer EVZ Limited T: +61 9545 5288 M: +61 41111 7403 scott.farthing@evz.com.au

About EVZ Limited

EVZ Limited (ASX: EVZ) is a leading Australian innovative provider of technical services in the Energy & Resources and Building Products sectors delivering to the energy, mining, infrastructure, and construction sectors. The Company’s multidisciplined capabilities combine innovation, engineering experience and project delivery expertise to create value for our clients through subsidiaries, Brockman Engineering, Syfon Systems, Tank Industries and TSF Power. www.evz.com.au

EVZ Limited

ABN 87 010 550 357

115 | 838 Collins Street, Melbourne VIC 3008 Australia T: +61 3 9545 5288 www.evz.com.au