GENUSPLUS GROUP LTD — Interim / Quarterly Report 2026

Feb 22, 2026

HY2026 RESULTS PRESENTATION

For the 6 months ended 31 Dec 2025

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Image: HumeLink East Transmission Project, NSW. The first of more than 460 dual-circuit 500 kV transmission towers being completed.

CONTENTS

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OUR COMPANY

OUR COMPANY
HY2026 Financial Highlights	03
HY2026 Highlights	04
Snapshot	05
FY2026 Outlook	06
Historical Performance	07
Financial Overview	08
Financial Position	09
Cash Flow Summary	10
Segments	11
Other Metrics	17

ADDITIONAL INFORMATION
Corporate Overview	18
Appendix	19

2

HY2026 FINANCIAL HIGHLIGHTS

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Record HY Revenue of $535.4m Up 61% on PCP $ 535.4M Record Normalised HY EBITDA of $46.3m Up 69% on PCP $ 46.3M Record Statutory NPAT of $24.9m Up 82% on PCP Basic EPS 13.8 cps, Diluted EPS 13.6 cps (based on NPAT) $ 24.9M Up 80% on PCP Maiden Interim Dividend of 2.0 cents per share 2.0 cps Cash Balance of $178.1m (up $17.2m) Net Cash of $127.0m (up $13.5m) $ 178.1M Net cash provided by operating activities of $73.7m $ 73.7M Up 201% on PCP Orderbook of $2.4 billion (up 23% from June 2025) and Forecast FY26 Recurring revenue up circa 20%. $2.4B

3

HY2026 HIGHLIGHTS

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Genus are proud to report a record-breaking half-year, achieving exceptionally strong growth across all areas of the business.

KEY PROJECT AWARDS

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Western Power- Clean Energy Link Additional Works

Alinta Energy – Wagerup Battery Project

FMG - Decarbonisation Contracts

AusNet Construction - Western Renewables Link

$110M

$50M

$60M

$1.6B (in JV with Acciona)

CORPORATE MATTERS

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Executed a $429m revolving syndicated facility agreement

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Appointment of NED Tony Narvaez on 21/11/2025

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Acquisition integration continues to progress well with expectations being met

4

SEGMENTS & GROUP SNAPSHOT

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GENUSPLUS GROUP

INFRASTRUCTURE

Consolidated Revenue HY26 $535.4m

Revenue HY26 $345.8 Up 89% on PCP

Up 61% on PCP

Bringing together industry-leading expertise and sector experience, we deliver comprehensive services across the entire infrastructure lifecycle. From planning, design, and construction to testing, maintenance, and decommissioning, we provide reliable, future-ready solutions tailored to the evolving needs of infrastructure networks.

GenusPlus Group is a specialist infrastructure and services provider operating across Australia. With years of practical experience, we design, construct and maintain infrastructure networks across energy, communications and rail providing a turnkey solutions for our customers.

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ENERGY & ENGINEERING

Formerly Industrial Services

Revenue HY26 $151.5m Up 62% on PCP

We deliver end-to-end Engineering, Procurement, and Construction (EPC) solutions, offering a comprehensive range of in-house design capabilities across communications and energy assets. Our expertise spans from concept and design through to construction and commissioning—ensuring seamless integration, efficiency, and quality in every phase.

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SERVICES

Formerly Communications

Revenue HY26 $70.9m

Up 11% on PCP

We deliver integrated infrastructure solutions across communications, vegetation management, environmental services, pole reinforcement and asset management integrating technical expertise with operational delivery.

5

FY2026 OUTLOOK

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Strong momentum continues throughout the Group with a record orderbook of $2.4 billion (excluding recurring revenue) up from $2.0 billion at June 2025 provides confidence to support earnings forecast as announced on 22[nd] January 2026 to circa 35%* in reported normalised EBITDA in FY2026.

Recurring revenue forecast to grow at circa 20%** in FY2026.

A tendered pipeline of $2.6 billion remains firm despite converting significant tenders to contract awards in FY25.

Genus continues to see significant opportunities throughout the Group and are well placed to capitalise on the transition of energy networks and the decarbonisation of the Australian energy industry.

Orderbook & Pipeline (A$ millions)

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3,000
2,582
2,434 2,409
2,500
1,985 2,003
2,000
1,500
1,000
519
389
500 224 311
-
Recurring Works Orderbook Tender Pipeline
FY2024 FY2025 FY2026F H1 FY2026
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Genus will continue to explore M&A opportunities through acquisitions into new geographical locations and capabilities.

Note: * The Orderbook includes significant contract awards as announced to the ASX with final contract values estimated based on current expected program, schedule and customer approvals proceeding.

** Revenue from recurring works includes long term customer/Panel revenue and revenue from long term supply & maintenance contracts. It excludes supply & maintenance revenue and minor projects from repeat customers that are not on long term contracts. Recurring works p.a. refers to the actual/forecast for one year.

6

HISTORICAL PERFORMANCE

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Revenue (A$ Millions)

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800
700
751
600
500
551 535
400
451 444
300
318
200
100 170
99
0
FY19 FY20 FY21 FY22 FY23 FY24 FY25 H1FY26
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Revenue from Recurring works (A$ Millions)

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400
350 375
300
CAGR: 38.2%
311
250
200 224
150
170
100 134
50
64
39 44
-
FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26F
Notes: 1. Revenue from recurring works includes long term customer/Panel revenue and revenue from long term supply & maintenance contracts. It excludes supply &
maintenance . revenue and minor projects from repeat customers that are not on long term contracts. CAGR means Compound Average Growth Rate. 2. Note: EBIT-A and
NPAT-A adjust EBIT and NPAT for the amortisation expenses relating to the acquisition of identifiable intangibles. Further details are in the Appendix on page 21.
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Normalised EBITDA & EBIT-A (A$ Millions)

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80.0
70.0
60.0 67.4
50.0 55.5
40.0 45.3 46.3
30.0 32.4 35.1 36.8 33.7 38.2
20.0 25.0 24.7 24.9
19.6
10.0
12.8 9.3 14.4
0.0
FY19 FY20 FY21 FY22 FY23 FY24 FY25 H1FY26
Normalised EBITDA Normalised EBIT-A
NPAT-A (A$ Millions)²
40
35
36.8
30
25 `
25.6
20
21.5
15
15.7
14.6
10 13.3
10.7
5
5.9
0
FY19 FY20 FY21 FY22 FY23 FY24 FY25 H1FY26
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FINANCIAL OVERVIEW

Record Revenue of $535.4 million up 60.8% on pcp. Record Normalised EBITDA $46.3 million up 69.2% on pcp.

Record Statutory NPAT for the half year $24.9 million up 81.6% on pcp.

Normalisations:

Acquisition legal and advisory costs $0.5 million.

EC&M claim receipts $0.5 million.

Acquisition Amortisation expenses of $1.1 million relate to acquisition of intangibles.

Basic EPS 13.84 cps, up 80.0% and Diluted EPS 13.58 cps, up 79.7%

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	Profit & Loss Statement (A$ millions) H1 FY2025 H1 FY2026 Change
	Revenue 332.9 535.4 60.8%
	Normalised EBITDA 27.4 46.3 69.2%
	Depreciation & amortisation expenses (5.6) (8.1)
	Normalised EBIT-A 21.7 38.2 75.8% Acquisition amortisation (1.1) (1.1) Normalisations 1 (1.2) -
	EBIT 19.4 37.1 91.0%
	Statutory NPAT 13.7 24.9 81.6%
	NPAT-A 14.5 25.6 77.2%
	EPS - Basic - Diluted 7.69 7.56 13.84 13.58 80.0% 79.7%

1. See reconciliation in the Appendix on page 21 for more information. Due to rounding, the numbers presented may not add.

8

FINANCIAL POSITION

Strong cash balance of $178.1 million, with net cash of $127.0 million (excluding right-of-use asset property lease liabilities of $16.0 million and $22.5 million of restricted term deposits)

Intangible assets increased from provisional accounting relating to the FY2025 acquisitions to $73.8 million.

Franking account balance of $53.4 million at 31 December 2025.

Significant increase in bank guarantee and surety bond facilities to $515 million, up from $260 million at 30 June 2025.

$236.4 million of bank guarantees and surety bonds were on issue at 31 December 2025, leaving headroom of $278.6 million.

H1 FY2026 fully franked interim dividend of 2 cents per share or $3.6 million to be paid 24 April 2026.

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Consolidated Statement of Financial Position (A$ millions)

Jun-25 Dec-25

	Consolidated Statement of Financial Position(A$ millions) Jun-25 Dec-25
	Cash and cash equivalents 160.8 178.1 Lease liabilities (37.3) (41.8) Financial liabilities (10.1) (9.3)
	Net Cash 113.4 127.0 Restricted Term Deposit - 22.5 Property, plant and equipment 49.7 58.3 Right-of-use assets 34.3 62.6 Financial assets 0.8 0.7 Right of use lease liabilities (4.4) (16.0) Provision for deferred consideration (11.3) (6.7) Tax liabilities (16.1) (9.7) Working capital (excl. Cash) (81.2) (131.0)
	Net Tangible Assets 85.1 107.6 Intangible assets (net of tax) 74.6 73.8 Net Assets 159.8 181.4

Due to rounding, numbers presented may not add.

9

CASH FLOW SUMMARY

Cash balance at December 2025 $178.1 million (up $17.2 million) excluding $22.5 million of restricted term deposits).

Generated $91.9 million of Free Cash Flow (before Income Tax payments) during H1 FY2026, compared to $35.5 million in the pcp, as the Group maintained its focus on cash generation and optimisation of business operations and project cash flows.

The operating cashflows resulted in a Free Cash Flow to EBITDA conversion rate of 199%.

$34.4 million in Capex (net of disposals) in H1 FY2026 ($22 million debt funded).

FY2026 CAPEX forecast to be $40 - $45 million due to growth capex mainly attributable to HumeLink, TasNetworks NWTD, Western Power CELN and Western Renewables Link projects.

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	Consolidated Statement of Cash Flows(A$ millions) H1 FY2025 H1 FY2026
	Net cash provided by operating activities 24.5 73.7 Net cash (used in) investing activities (23.4) (37.8) Net cash (used in) financing activities (12.2) (18.6)
	Net change in cash and cash equivalents held (11.1) 17.3 Cash and cash equivalents at beginning of period 101.0 160.8
	Cash and cash equivalents at end of period 89.9 178.1

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.

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INFRASTRUCTURE SEGMENT

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	Segment Profit & Loss Statement(A$ millions) H1 FY2025 H1 FY2026
	Revenue 182.9 345.8
	Normalised EBITDA 15.5 23.6 Depreciation & amortisation expenses (3.9) (5.6) Normalised EBIT-A 11.6 18.0
	Acquisition amortisation - -
	Normalised EBIT 11.6 18.0 Normalisations - -
	EBIT 11.6 18.0

Revenue of $345.8 million, up 89.1% on pcp.

EBITDA of $23.6 million up 52.2% on pcp.

EBIT-A of $18.0 million up 54.5% on pcp.

HumeLink – full construction works are underway with foundations, tower assembly and erection activities in progress.

TasNetworks ECI activities continue during the LNTP stage with completion expected in H2.

Hunter-Central Coast Renewable Energy Zone construction activities commenced in December 2025.

Western Power Clean Energy Link construction activities have commenced across the multiple project sites with additional packages awarded to the value of $110m in H1.

The MGC Rail integration is progressing well into the Infrastructure Segment, expanding our service offerings.

Due to rounding, numbers presented may not add.

Note: Pole inspection and nailing division has been transferred to the Services segment.

11

INFRASTRUCTURE MARKET DRIVERS

The momentum of new energy projects connecting to the National Electricity Market (NEM) continues to build.

In the Dec 2025 Quarter 18 projects (3.8 GW) received application approval, 10 projects (1.9 GW) were registered, and 9 projects (1.8 GW) reached full output across the NEM.

The projected 10,000km of transmission projects by 2050 are projected to reduce costs for consumers by delivering benefits that would recoup their $16 billion investment costs, save consumers a further $18.5 billion in avoided costs, and deliver emissions reductions valued at $3.3 billion.

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Source: AEMO Draft ISP 2026 | AEMO NEM Engineering Roadmap 2024 | AEMO Connections Scorecard February 2025

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Storage capacity to increase significantly

Batteries, virtual power plants, pumped hydro

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NOW 2030 2050
3 GW 19 GW 57 GW
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Grid-scale wind and solar to increase 7-fold

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NOW 2030 2050
19 GW 57 GW 128 GW
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Distributed solar PV to increase 4-fold Rooftop solar, other distributed solar

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NOW 2030 2050
21 GW 36 GW 86 GW
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Electricity consumption from the grid to nearly double

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NOW 2030 2050
174 TWh 202 TWh 313 TWh
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Gas-powered generation to increase

Coal generation to be withdrawn

While current midCapacity to merit plants will all be retired by: retire within that period

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NOW 2050 2030 2038
11 GW 16 GW 46% 100%
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12

ENERGY & ENGINEERING SEGMENT

Revenue of $151.5 million, up 62.2% on pcp.

EBITDA $10.9 million up 90.0% on pcp.

EBIT-A of $10.3 million up 86.7% on pcp.

The Energy & Engineering segment has delivered strong half year performance and is on track to deliver year on year growth in line with expectations.

Atmos Renewables Merredin BESS and Alinta Energy Reeves Plains BESS have moved into construction and have met key milestones.

Partum Engineering and CommTel Network Solutions have been integrated into Genus back of house systems.

Partum Engineering growth continues with expansion in the eastern states.

Electrical and Instrumentation (E&I) business unit has secured over $30M in contracts and they are in delivery.

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	Segment Profit & Loss Statement(A$ millions) H1 FY2025 H1 FY2026
	Revenue 93.4 151.5
	Normalised EBITDA 5.7 10.9 Depreciation & amortisation expenses (0.2) (0.6) Normalised EBIT-A 5.5 10.3
	Acquisition amortisation - - Normalised EBIT 5.5 10.3
	Normalisations - -
	EBIT 5.5 10.3

Due to rounding, numbers presented may not add.

13

ENERGY & ENGINEERING STRATEGY UPDATE

Capitalising on Market Growth:

Leveraging the rapid expansion of the energy sector by aligning our capabilities and resources to meet increasing demand. Through targeted investment and strategic workforce expansion, we are strengthening our position as a leading provider of EPC, engineering services, remote monitoring solutions, and operations & maintenance in the Utility and energy market.

Strong Client Partnerships & Value Creation:

By building strong relationships and consistently delivering value, we are proud to work with a growing number of return clients. Leveraging our capabilities across EPC, engineering services, remote monitoring, and operations & maintenance, we continue to support our clients beyond project delivery.

Proven Execution & Long-Term Value:

With proven execution and a focus on long-term value, we have built strong relationships with return clients who trust us to deliver. Combining EPC expertise with engineering, remote monitoring, and operations & maintenance, we provide lifecycle support that ensures performance, reliability, and sustainable outcomes, strengthening our position as a trusted partner in the renewable energy market.

Renewable energy penetration by state as proportion of generation

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QLD
28.8%
WA
38% SA
75.8% NSW
36.3%
VIC
40.2%
TAS
95.5%
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National 40%

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Source: Clean Energy Australia Report 2025

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SERVICES SEGMENT

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Revenue of $70.9 million, up 11.2% on pcp. Normalised EBITDA of $10.9 million up 42.3% on pcp. EBIT-A of $10.2 million up 45.9% on pcp. Strong growth within the PFA business while maintaining healthy margins. nbn N2P program set to transition from design to construction in H2. Secured multiple new panel agreements in Vegetation Management and Arboriculture.

Note: Pole inspection and nailing is included which was previously in the Infrastructure segment .

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	Segment Profit & Loss Statement(A$ millions) H1 FY2025 H1 FY2026
	Revenue 63.7 70.9
	Normalised EBITDA 7.7 10.9
	Depreciation & amortisation expenses (0.7) (0.7) Normalised EBIT-A 7.0 10.2 Acquisition amortisation (1.1) (1.1) Normalised EBIT 5.9 9.1
	Normalisations - - EBIT 5.9 9.1

Due to rounding, numbers presented may not add.

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SERVICES STRATEGY UPDATE

Sector Outlook

Telecommunications : Australia’s telecom sector is driven by network construction and upgrades, underpinned by NBN upgrades, 5G deployment and demand for resilient digital infrastructure. Genus is well-positioned through its national footprint, strong carrier and utility relationships, and proven delivery capabilities.

Utilities : Addressing rising opex/capex pressures with advanced asset management and inspection trials, including drones, improving data quality and supporting future AI-enabled asset management.

Vegetation Management : Diversifying services for existing customers and other utilities with vegetation management critical to delivering integrated, efficient infrastructure and energy solutions.

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DEFENCE
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Future Opportunities

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MINING
FACILITIES
MANAGEMENT
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WATER
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PUBLIC
INFRASTRUCTURE
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OTHER METRICS

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REVENUE BY STATE

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Injury Statistics

• Total Recordable Injury Frequency Rate (TRIFR) at 31 December 2025 was 3.5.

Sustainability / ESG

Genus has commenced development of our Climate Transition Plan, capturing data from FY22–FY25 and is on track to be delivered in line with Corporations Act requirements at the end FY26.

1% 15%

64%

8% 3% 9%

Apprentices & Trainees FY22 FY23 FY24 FY25 HY26 TOTAL 87 95 89 123 134

Employee Headcount FY22 FY23 FY24 FY25 HY26 TOTAL 950 835 1059 1558 1930

NSW QLD TAS VIC WA Other

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CORPORATE OVERVIEW
Simon High José Martins
Non-Executive Chairman Non-Executive Director
David Riches Paul Gavazzi
Managing Director/Founder Non-Executive Director
Tony Narvaez
Non-Executive Director
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Share Price History & Shareholder Information

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		22 Aug 25 20 Feb 26
	Share Price (20 February 2026) A$/sh	$4.60 $7.45
	Number of Shares M	180.4 181.5
	Market Cap A$M	$829.7 $1,352.4
	Cash A$M	$160.8 $178.1
	Debt (excluding ROU Property Leases liabilities) A$M	($47.5) ($51.1)

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13.2%
51.6%
35.3%
David Riches & Related entities
Other Top 20
Other Shareholders
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APPENDIX

Reconciliation of Non-IFRS Financial Information

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NOTES:

EBITDA/EBIT-A/NPAT-A are non-IFRS measures that are unaudited but derived from auditor reviewed HalfYear Financial Statements. These measures are presented to provide further insight into GenusPlus Group’s performance.

EBIT-A and NPAT-A are adjusted for Amortisation expense relating to Acquisition of Intangible assets.

	Reconciliation of Non-IFRS Financial Information
	$ Millions H1 FY2025 H1 FY2026
	Profit for the year (as reported) 13.7 24.9 Add Back Amortisation relating to acquisition intangible assets after tax 0.8 0.8
	NPAT-A 14.5 25.6 Add Back: • Acquisition costs 0.6 0.4 • ECM net claim (income) costs 0.2 (0.4) Normalised Net profit after tax (NPAT-A) 15.3 25.7 Add back tax expense 7.1 11.9 Normalised profit before tax (PBT- A) 22.4 37.6 Add back: Finance (income) costs (0.7) 0.6
	Normalised earnings before interest & tax (EBIT-A) 21.7 38.2 Add back; Depreciation & amortisation expense (excludingacquisition intangible assets) 5.6 8.1
	Normalised earnings before interest, tax, depreciation & amortisation (EBITDA) 27.4 46.3

19

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.

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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