GENUSPLUS GROUP LTD — Interim / Quarterly Report 2025

Jun 17, 2025

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INDUSTRIAL & RESOURCES FORUM

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18 JUNE 2025

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SEGMENTS & GROUP SNAPSHOT

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Infrastructure

Industrial Services

Revenue HY25 $93m

Revenue HY25 $198m

Up 60% on PCP

Up 22% on PCP

Innovative and fully integrated EPC Services for a comprehensive range of energy assets; and Design & Construction solutions for Renewable Energy projects .

Bringing together industry-leading expertise and deep experience, we cover a wide range of services including planning, design, construction, operating, testing, maintaining, managing and decommissioning power network assets.

Installation & commissioning of Synergy’s second 200MW LFP BESS (KBESS2) in the SWIS

Joint Venture received a Notice to Proceed from Transgrid on the HumeLink Transmission Project

Design, Installation & commissioning of the Aldoga 275kV Substation in QLD connecting a 250MWAC solar photovoltaic facility for Acciona

TasNetworks Limited Notice to Proceed for the North-West Transmission Developments (NWTD)

Awarded a contract by AusGrid for the Hunter-Central Coast Renewable Energy Zone sub-transmission line 2 works

The Melbourne Renewable Energy Hub in Victoria (in JV with Samsung C&T) is progressing well

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Communications

Revenue HY25 $48m

Up 43% on PCP

From constructing state-of-the-art networks to maintaining and upgrading existing infrastructure, our turnkey communications solutions span the asset lifecycle, from feasibility, engineering, design, site acquisition, logistics, procurement, construction, and integration to operations and maintenance.

Performance across the Communications business has improved

Continue to successfully deliver contracts to our existing carrier network customers successfully

Acquisition of CommTel will diversify customer base and communications offering to the market

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$333m

HY25 Revenue

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Revenue by
State
11%
15%
62% 10%
1%
1%
NSW QLD VIC TAS OTHER WA
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2.6 TRIFR

@ 31 December 2024

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1,277

Employees across Australia

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HIGHLIGHTS

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In HY25, the Group delivered exceptional results across the business, marking another record performance.

The Genus Services business turnaround continues, as we further strengthen our nbn and Telstra partnerships to meet the growing demand for communication infrastructure. Genus is integrating the acquisitions of Geographe/Classic Tree Services into the group. Vegetation Services now a key valueadd.

Welcoming Partum Engineering and the highly strategic acquisition, CommTel Network Solutions, into the group. Continuing our journey as a well-diversified and truly national business.

The Acquisition of MGC provides a strategic entry into the significant rail systems sector and the ability to provide specialised safety critical rail systems services to customers across WA – highly complementary to Genus’ other service divisions.

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Multiple landmark Infrastructure projects awarded, consistent with our strategic goals – from TasNetworks to HCC REZ on the east-coast and Clean Energy Link – North Region project for Western Power in the west.

New $130m contract awarded by nbnCo to support its upgrade of the remaining FTTN network across Western Australia. Reflects our continued progress toward becoming a nationally-scaled contractor of choice.

HumeLink East progressing well as we commence on-site delivery for Transgrid alongside our JV partner Acciona later in 2025.

Melbourne Renewable Energy Hub (MREH JV with Samsung) nearing completion. Project teams have completed the BESS installation.

Genus secured a major milestone in its national expansion, announcing its appointment to Transgrid’s Construction Services Panel Agreement (CSPA) — a move that cements the company’s standing as one of Australia’s most trusted infrastructure partners.

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SNAPSHOT – RECURRING MAINTENANCE & SERVICE CONTRACTS

MAINTAINING STRONG RELATIONSHIPS WITH OUR POWER & COMMS UTILITIES CLIENT BASE

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Genus PFA received a variation under the existing Energy Queensland Asset Inspections Contract for the inclusion of the Southern 2 region with a 4-year term, valued at $12M p.a.

In August 2024, Genus PFA received a variation to our Standing Order with Energy Queensland for Network Asset Inspections. Value of new & extended contracts totaled ~$120M.

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In the same month, following a successful trial to introduce PFA’s innovative pole-nailing engineering control to their network Ausgrid awarded Genus a contract for two years, with two 1-year extension options. This contract was valued at approximately $4.5 million.

Continued focus on building recurring maintenance & service contracts across the country. M&A targeted at recurring maintenance & service revenue.

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Genus Communications entered into a new $130M contract with nbn® Australia to support its upgrade of the remaining Fibre to the Node (FTTN) network.

Genus will provide design and construction services to deploy additional fibre infrastructure to approximately 22,000 properties across Western Australia’s North and South regions.

This award reflects our continued progress towards becoming a nationally scaled, Tier 1 contractor of choice across Australia’s critical infrastructure sectors.

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MERREDIN BESS & SUBSTATION WORKS

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Design & Construction of 100MW 4-Hour BESS & Substation Works

Genus has been awarded a contract by Atmos Renewables to perform the design and construction of the Merredin Battery Energy Storage System and Substation Works in Western Australia.

The 4-hour Battery Energy Storage System will provide valuable support to the grid network and contribute to enhancing security of supply in the Western Australian Electricity Market.

Genus will undertake the detailed design, procurement, installation and associated civil works for the Project, with the contract having an approximate value of $65 million to be delivered over a 18-month period commencing from receipt by Genus of a notice to proceed, with the Project expected to be completed in early 2027.

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$65 million Project Value

100MW 4-Hour BESS & Substation

Image: Synergy’s Kwinana BESS Stage 2, Western Australia

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WESTERN POWER CLEAN ENERGY LINK NORTH

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PROPELLING WA TO BE A LEADER IN GREEN ENERGY

With wind and solar that are the envy of the world, WA and the Mid West region in particular, has the capacity to propel WA to become a national and international leader in green energy solutions

• A critical first step in achieving this is strengthening the existing network to ensure it can connect and transport a greater supply of renewable energy to meet decarbonisation objectives. Modelling shows a 10 x increase in generation is needed.

The project will include new 330kV & 132kV terminal builds within the existing network footprint to significantly increase transmission capacity and enable new energy sources to come online, as well as existing line conversions and reinforcement work to significantly improve the flow of renewable energy to and from the area.

Encompasses design and construction of two new terminals at Regans Ford and Eneabba and an associated line, and augmentation of the existing 330kV Northern and Eneabba terminals. Peak manning resources are expected to be 140, to be sourced mostly from the Genus workforce.

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$270 million Estimated Total Project Value

140 Peak Manning Resources

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TASNETWORKS NORTH WEST TRANSMISSION DEVELOPMENTS

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NWTD Stage 1

Genus has been appointed Head Contractor for TasNetworks’ once in a generation North West Transmission Developments (NWTD) project

We will be instrumental in designing and delivering Stage 1 of the development over a period of five years, with construction projected to begin in 2026, subject to conditions including a final investment decision, planning and environmental approvals, and the Australian Energy Regulator’s contingent project approval

The NWTD project will create many positive benefits and opportunities for Tasmanians, local communities and businesses of North West Tasmania. With established operations in Bridgewater and Spreyton, we are committed to employing Tasmanians and engaging the services of Tasmanian businesses throughout the delivery of the project.

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$950 million Estimated Total Project Value

240km 500kV Transmission Lines

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HUNTER CENTRAL COAST REZ

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SUB-TRANSMISSION UPGRADES

HCC REZ is one of the first 5 renewable energy zones being developed by the New South Wales Government.

The project for Ausgrid involves upgrading the existing electricity network to allow new renewable generation to connect to the grid

It will mainly involve network upgrades which will minimize the impacts on surrounding communities and the environment, while delivering the capacity to transfer at least 1 GW of network transfer capacity.

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$140 million Total Project Value

110km 132kV & 66kV dual/single-circuit

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Questions?

Industrial & Resources Forum

18 June 2025

DISCLAIMER

IMPORTANT NOTICE

This presentation has been prepared by GenusPlus Group Ltd ( Genus or the Company ) . It contains general background information about the Company’s activities current as at the date of this presentation. It is information given in summary form and does not purport to be complete. The content should be read in conjunction with the companies periodic and continuous disclosure announcements lodged with the Australian Securities Exchange which are available at www.asx.com.au and available on the company's website at www.genus.com.au .

No Offer

This presentation and any oral presentation accompanying it is not (and nothing in it should be construed as) an offer, invitation, solicitation or recommendation with respect to the subscription for, or recommendation to purchase, hold or sell of any security in any jurisdiction, and neither this document nor anything in it shall form the basis for any contract or commitment. The presentation is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. These should be considered, with or without professional advice, when deciding if an investment is appropriate.

The Company has prepared this presentation based on information available to them, including information derived from publicly available sources that has not been independently verified. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness, correctness or reliability of the information, opinions or conclusions expressed in this presentation.

Any statements or assumptions in this presentation as to future matters may prove to be incorrect and differences may be material. To the maximum extent permitted by law, none of the Company, their directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it.

Forward Looking Statements

Certain statements contained in this presentation, including information as to the future financial or operating performance of the Company and its projects, are forward looking statements. Such forward looking statements: a) are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies; b) involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward looking statements; and c) may include, among other things, statements regarding estimates and assumptions in respect of prices, costs, results and capital expenditure, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. The Company disclaims any intent or obligation to publicly update any forward looking statements, whether as a result of new information, future events or results or otherwise.

The words “believe”, “expect”, “anticipate”, “indicate”, “contemplate”, “target”, “plan”, “intends”, “continue”, “budget”, “estimate”, “may”, “will”, “schedule” and similar expressions identify forward looking statements. All forward looking statements contained in this presentation are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly recipients are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein.

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