GREENHY2 LIMITED — M&A Activity 2016

Jul 27, 2016

COMPANY UPDATE

Acquisition of assets from Cablelogic Pty Ltd

JULY 2016

ABOUT TEMPO

• ASX listed contractor servicing the resources sectors – mining, and oil and gas
• Target contract size <\$50m – geared for scopes of work that are not economic for large players
• Larger works targeted in partnership with large Engineering Procurement and Construction firms, and Original Equipment Manufacturers
• Well positioned for sustainable and strategic growth – heathy tender pipeline

Key Value Proposition:

• Flat management structure that drives lean overheads and improved client responsiveness
• Structured front line employee engagement process focused on driving retention and continuous improvement
• Efficient management system focused around productivity, quality and risk management
• Established frontline productivity tool-kit, comprising of five key tools developed to drive site based activities through continuous monitoring of leading productivity indicators
• Exclusive partnership with a tech company aimed at obtaining site-based productivity metrics through the use of innovative micro and geo-fencing techniques

F i i l n a n c a s
S i h f l i h t t t r o n g o p e r a n g c a s o s n e w l 1 2 h 3 1 M 2 0 1 6 t t t a s m o n s o a r	\$ 1 1. 5 m
R d ( d i 3 1 t e c o r r e e n e o e a r e n n g v u y D 2 0 1 5 ) e c	\$ 7 9 2 m
( 3 1 R d N P A T t d i e c o r o y e a r e n n g D 2 0 1 ) 5 e c	\$ 6 7 m
C h b k ( 3 1 M 2 0 1 6 ) t t a s a a n a a r	\$ 9 8 m

• Established in 1995, headquartered in Perth, with a regional office and workshop in Karratha
• Workforce of ~45 including more than 30 front line employees
• Specialist provider of electrical, telecom and data communications services to the Resources, Telecommunications, Commercial and Industrial Building Construction industries
• Extensive experience in turnkey fibre optic and communications cabling solutions including design, procurement, installation, terminations and specialist telecommunications carrier grade OTDR testing for LNG trains, gas plants, offshore platforms, mines and camps in both live and construction environments

• Strong track record of delivery with an established client base in the commercial and industrial building industry
• Dedicated service & maintenance division offering electrical & data cabling services and maintenance support to organisations across WA
• Strong track record in renewable energy and energy management solutions for commercial and industrial clients encompassing solar PV grid connected and off grid systems as well as battery storage technology
• Achieved Quality Assurance and OH&S certification to AS9001 and AS4801 as well holding many Original Equipment Manufacturers endorsements

ACQUISITION BUSINESS CASE – STRATEGIC RATIONALE

S T R A T E G I C I M P E R A T I V E	H O W T H E C A B L E L O G I C A C Q U I S I T I O N D E L I V E R S O N T E M P O 'S S T R A T E G Y
C R E A T E S O H A R E H L D E R V A L U E	En ha Te 's ia l ise d de l ive b i l i ies d ds ice f fe ing hr h a 2 0 k r d t te t tra nc es m p o sp ec ry ca p a a n ex n s er v o r ou g y ea r c ec or • f s fu l e lec tr ica l, te lec d da ta ica t ion ice to t he d ia l s to o uc ce ss om a n c om m un s er s re so ur ce s a n co m m er c ec rs v 's f f Ex ds Te in t he P i l ba ion t hr h a ion l o ice d ks ho in Ka t ha p an m p o p re se nc e ra re g ou g re g a a n wo r p rra • \$ As inc lu de k in ha d f a im ly 4 i l l ion d ion l g i h ia l ise d lan d ts te t t t a se or n o p p ro a m a n an o p er a a ro up sp ec p n w x w • \$ f a ip t t ha t ha de l ive d tu t he t t hr im te ly 1 5 i l l ion eq u m en ve re an a ve ra g e rn ov er o ve r p as ee y ea rs o p p ro x a m Ca b le log ic 's bu ine is f i b le d la b le bu iou inv in le d ta t p tm ts ts co re s ss p ro an sc a re v s es en no n- co re a ss e co up • , , i t h k ba lan he t, ha d fo d Ca b le log ic in to ive h ip a we a ce s e rc e re ce rs w
E N H A N C E C O M P E T I T I V E G A D V A N T A E	fu f fe A l low Te to t he d i t ia te ing i l l ine te hn log d de in ing i l a d s m p o r r re n o n up co m ra c o y an up g ra s, m o n g as • , in d in ing i l p j he ia l ise d lec ica l, lec d da ica ion te ta ta ts tr te ta t m a na nc e an su s c ap ro ec w re s p ec e om a n c om m un t ise d ip t is ire d ex p er a n eq m en re q u u 's A h ig h ly ien d t ion l te h ic h w i l l be loc te d t Te t he dq te br de ing ex p er ce op er a a am w a a m p o cu rre n a ua r rs oa n • , Te 's de l ive de h t m p o ry p
E N S U R E S U S T A I N A B L E F U T U R E	Re ing tre t hr h t he de l ive f lon te lec tr ica l, te lec d da ta ica t ion cu rr re ve nu e s am s ou g ry o g rm e om a n c om m un • in fra d in ice tru tu te s c re a n m a na nc e se rv s An de d ip l ine f o tu i t ies ha lre dy be ta b l is he d ( t hr h t he d i l ig ) i t h e xp an p e o p p or n s a a en e s ou g en ce p ro ce ss w • Ca is t ing b le log ic d Te l ien ts ex an m p o c
G S M A N A E R I K	A l low Te to d ive i fy in to t he ia l a d in du tr ia l bu i l d ing to t hr h 2 0 tra k r d f s m p o rs c om m er c n s s ec rs ou g a ea r c ec or o y • de l ive i t h w l l e ta b l is he d l ien ts ry w e s c T he is i ion ha be fu de d f w k ing i l, d i l l n im Te 's b i l i fu d t t o ta t t ty to t a cq u s en n ou or c ap an w o p ac m p o a n cu rre n • fu bu ine t tu t h o tu i t ies s ss o r s up p or re g ro w p p or n
W O R K W I T H T H E R I G H T C L I E N T S A N D P A R T N E R S	Ca f C Co b le log ic ha tro tra k- d de l ive to B lue h ip l ien ts in t he Re d ia l a d s a s ng c re co r o ry c so ur ce s a n m m er c n • In du ia l s tr to s ec rs Fu t he tre t he Te 's ta b l is he d k ing la t ion h ip i t h ke l ien ts h W ds i de C he r r s ng n m p o es wo r re s s w y c su c as : oo vr on • , , B H P B i l l i d R io T in to to n, an

TEMPO GROUP OPERATING MODEL (POST ACQUISITION)

• Cablelogic to become Tempo's electrical, telecom and data communication division for the Commercial and Industrial Building Construction Industry
• Cablelogic personnel and assets will further differentiate and enhance Tempo's brand of a specialised multidisciplinary construction and maintenance group in the resource sector
• Cablelogic brand will be retained and used to target:
• telecom and data communications work in the Commercial and Industrial Building Construction Industry; and
• long term electrical, telecom and data communications infrastructure maintenance service offerings across metropolitan areas
• Cablelogic operational personnel will relocate to Tempo's premises and work utilising Tempo's management systems

CABLELOGIC CORE CAPABILITES

Experience in the design and construction of electrical, data and telecom communication infrastructure for onshore plant, offshore rig, platforms, ship cabling, mines and mine camps

• State-wide coverage supported by a Perth based operations team, and regional Karratha branch
• Experience in intrinsically safe equipment
• Fibre optic single and multimode cabling from 6 core to 144 core
• Cat5e, cat6a, and cat7 structured cabling systems
• Program Logic Controllers, and E&I work
• Multi core backbone cabling for controls and communications
• System cabling for various applications such as Alan Bradley, ABB VSDs, Vesda fire systems, security, Triconics etc
• Satellite systems
• RF and wireless
• Conduit, pit and pipe, cable ladder, tray and basket support systems

Resources Solutions Commercial and Industrial Solutions

• 20 years of experience providing electrical, telecom and data infrastructure design and installation to commercial and government clients
• Experience in providing solar power and energy efficiency solutions
• Electrical and structured cabling
• Fibre Optic single and multimode cabling from 6 core to 144 core
• Satellite and wireless communications
• Security and Access control systems
• Fire and EWIS
• Lighting and Telephony installations

Service and Maintenance Solutions

• Preventive and reactive maintenance for electrical and communications network to minimise downtime
• Metropolitan coverage supported by a dedicated Service & Installation team
• Complete service and support for electrical, data and voice network infrastructure
• Repair of data outlets and cabling
• Repair and testing of fibre optic cabling
• Repair or replacement of electrical cabling, light fittings, emergency light audits, RCD test and repair, test and tagging of power points, outlets, office equipment and stores equipment

KEY PROJECTS/TRACK RECORD – RESOURCES SOLUTIONS

Mooka Stage 1 & 2 Ore Car Repair Shop Expansion Project

Client: McConnell Dowell & BHPB

Scope: Installation of communications, fibre optic and E&I cabling infrastructure for new machines and robotic systems, PLC systems, commissioning and electrical punch list items

Rio Tinto Iron Ore Rail Capacity Enhancement Project

Client: Ansaldo STS & Rio Tinto Iron Ore

Scope: Rail signalling upgrade and new construction project along side live operating rail network. Drum testing of fibre optic cables, post installation testing of fibre optic cables, installation, termination and testing of mainline and spurs cables, installation, termination and testing of cables between signalling equipment cases testing and certification to client and vendor specifications

LNG4 & 5 and Pluto Gas Trains

Client: Woodside Petroleum

Scope: Execution of fusion spliced fibre optic terminations to support ethernet LAN network, gas plant process control systems, CCTV, fire protection systems, security and access control systems and other services. Temporary and permanent construction building fibre and copper cabling

KEY PROJECTS/TRACK RECORD – RESOURCES SOLUTIONS

Group

systems

Wheatstone LNG Offshore Platform

Client: BAE Systems and Chevron

Scope: Execution of fibre optic core testing. Support subsea umbilical fibre optic cable termination and testing to platform's junction box. Test, reterminate, retest and certify 6,8,& 24 core, OS1 and OM3 fibre cables to Chevron standards

Client: Downer EDI & Fortescue Metals

Scope: Cable installation for new mine

communications cabling facilities for process control, marshalling and LAN

including 48 core fibre optic and

Cloudbreak Mine – Newman

Oyu Tolgoi Gold Mine, Mongolia

Client: Rio Tinto and Oyu Tolgoi

Scope: Engaged by Rio Tinto to consult, assist, train and work alongside Chinese and Mongolian communications contractors for best practices for installation, termination and certification testing of fibre optic network and process control systems for the new underground gold mine located in the Gobi desert in central Mongolia

KEY PROJECTS/TRACK RECORD – COMMERCIAL & INDUSTRIAL SOLUTIONS

BP Refinery, Kwinana

Client: Gavin Construction & BP

Scope: Large open general lab, office space, amenities, second floor plant room, octane test engine facility, process analyser workshop and support facilities

Willetton Senior High School

Client: Cockram Construction

Scope: Constructed electrical services, fibre optic backbone and cat 6 data cabling for six new blocks while keeping the existing school operating

GP Super Clinic

Client: Pindan & Metropolitan Redevelopment Authority

Scope: Subdivision of the heritage listed Midland Rail Workshops (Block 1) and construction of a new multi-storey building within the confines of the heritage listed building

KEY PROJECTS/TRACK RECORD – SERVICE & MAINTENANCE SOLUTIONS

Attorney General's Dept

Client: Australian Government

Scope: Cable installation, service and maintenance state wide over the past 20 years

Vodafone

Client: Cellular Asset Management and Vodafone

Scope: Installation of IBC (in building cabling services) in airports, shopping centres, public spaces, hospitals and high rise buildings for mobile phone services

Flight Centre

Client: One Group Retail and Flight Centre .

Scope: Installation of voice, data, and electrical equipment for new branch stores over the past 10 years

DISCLAIMER

This Presentation is provided by Tempo Australia Ltd (the Company).

You should not rely upon anything in this presentation and/or any information obtained from the Company, its Directors or their associates in deciding whether or not to seek to participate in the shares of the Company.

This is not an offer to subscribe for securities in the Company.

The Presentation may contain quantitative statements of anticipated future performance such as projections, forecasts, calculations, forward-looking statements or estimates all of which are based on certain assumptions (Forward Looking Statements).

The Forward Looking Statements may involve subjective judgements and are based on a large number of assumptions and are subject to significant uncertainties and contingencies, many of which are outside the control of the Company and may not prove to be correct.

No representation or warranty is made that any Forward Looking Statements will be achieved, or occur, or that the assumptions upon which they are based are reasonable or the financial calculations from which they have been derived are correct. Actual future events may vary significantly from the Forward Looking Statements.

Each Recipient should undertake its own independent review of the Forward Looking Statements, including the assumptions on which they are based and the financial calculations from which they are derived