IPD GROUP LTD — AGM Information 2025

Nov 24, 2025

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Annual General Meeting 2025

25 November

20 25

Important Notice & Disclaimer

No Reliance

The information contained in this document is not investment or financial product advice and is not intended to be relied upon as the basis for an investment decision, and is not, and should not be assumed to be, complete. The information provided in this presentation may not be suitable for your specific needs and should not be relied upon by you in substitution for obtaining independent advice.

To the maximum extent permitted by law, neither the Company nor any other party guarantees or makes any representations or warranties, express or implied, as to, or takes responsibility for, the accuracy or reliability of the information contained in this document or as to any other matter, or takes any responsibility for any loss or damage suffered as a result of any inadequacy, incompleteness or inaccuracy in any statement or information in this document including, without limitation, any financial information, any estimate or projections or any other financial information.

Past performance information provided in this document may not be a reliable indication of future performance. No representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions, and beliefs of the Company. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon.

Forward Looking Statements

This document contains certain forward-looking statements and comments about future events. Forward-looking statements involve known and unknown risks, significant uncertainties, assumptions, contingencies, and other factors, many of which are outside the control of the Company, are subject to change without notice, and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct, and which may cause the actual results or performance of the Company to be materially different from any results or performance expressed or implied by such forward-looking statements. Such forward-looking statements speak only as of the date of this document. Forward looking statements should not be relied on as an indication or guarantee of future performance. No representation, warranty or undertaking is made that any projection, forecast, assumption or estimate contained in this document should or will be achieved. The Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in this document to reflect any change in expectations in relation to any forward looking statements or any change in events, conditions or circumstances on which any such statement is based.

Miscellaneous

No person, especially those who do not have professional experience in matters relating to investments, may rely on the contents of this document. If you are in any doubt as to the matters contained in this document you should seek independent advice and/or consult your stockbroker, bank manager, solicitor, accountant, or other financial adviser. A number of figures and calculations in this presentation are subject to the effects of rounding. Accordingly, the actual calculation of these figures may differ from the figures set out in this presentation. All dollar figures within this document represent Australian Dollars unless otherwise specifically stated.

IPD Group – AGM 2025

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CEO’s Address Michael Sainsbury

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IPD Group – AGM 2025

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Agenda

– Strategic & Operational Update

– Market Update

– Trading Update & Outlook

– Q&A

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Strategic & Operational Update

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Who We Are

A connected group supporting the energy transition

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Complete electrical engineering services for high and low voltage projects, specialising in EV charging infrastructure.

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Manufacturer and distributor of electrical cables, specialty plugs, couplers, and receptacles for industrial applications.

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Specialists in the supply, modification, repair and design of hazardous area electrical equipment.

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Power distribution, energy management, and automation product distribution with custom assembly services.

IPD Group – AGM 2025

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Industry Scale

commercial and industrial sectors.

Custom Solutions

Trusted Brands

Expert Solutions

Commitment to

Safety & Compliance

Our Purpose

To help build a future where sustainable electrical infrastructure creates a better life for all.

Our results

Our Mission

To enhance every aspect of infrastructure through energy efficiency , automation, and secure connectivity, while prioritising the safety and wellbeing of people.

Our Strategy in Action

Delivering on Our Four Pillar Strategy

FY25 was a year of disciplined execution across all four strategic pillars — strengthening growth, efficiency, sustainability and our people.

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Business Growth

Strategy:

Focus on customer value and . market expansion

FY25 Execution :

• Revenue up 22.1% to $354.7m; NPAT up 17%, reflecting disciplined growth and strategic execution.

• Data Centre revenue up 33%, reinforcing IPD’s role in the electrification and decarbonisation sectors.

• Renewed four-year ABB partnership, maintaining IPD’s leading Asia Pacific distribution position.

• Customer NPS +19.3, reflecting strong customer trust and satisfaction — a healthy result in line with B2B industry benchmarks of +10 to +30.

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Operational Efficiency

Strategy:

Build scalable operations leveraging shared services and technology.

FY25 Execution :

• Operating expenses reduced to 21.4% of revenue (from 24.0% FY24), improving margins and scalability.

• Delivered $20m debt repayment and achieved 113.6% cash flow conversion, finishing with a $9.8m net cash position.

• Opened new Melbourne and Brisbane facilities to centralise operations and enhance customer service.

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Our Strategy in Action

Delivering on Our Four Pillar Strategy

FY25 was a year of disciplined execution across all four strategic pillars — strengthening growth, efficiency, sustainability and our people.

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Sustainability

Strategy:

Embed responsible environmental and social practices.

FY25 Execution :

• Transitioned to an electric/hybrid vehicle fleet, with chargers installed at almost half of all sites.

• Eliminated 175 m³ of landfill waste through packaging and recycling initiatives.

• Supported 10 university partnerships to develop future engineering talent and community outcomes.

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People
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Strategy:

Build an engaged and diverse workforce aligned to Group priorities.

FY25 Execution :

• 625 employees across 40+ nationalities, reflecting inclusion and capability growth.

• Delivered 5,000+ hours of training and made 30+ internal appointments to strengthen career pathways.

• Raised $9,000 for community causes, reinforcing a values-driven culture.

• Employee NPS +28, indicating a highly engaged workforce — well above industry averages and reflecting a strong, values-driven culture.

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Market Update

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Market Growth Drivers

Structural growth drivers supporting long-term demand

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Data Centre Expansion

• Capture capacity that is expected to double by 2030.

• $26B+ pipeline of new facilities.

• ESG upgrades driving efficiency.

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EV Market Acceleration

• Car sales tripled since 2022.

• 4x fleet growth needed by 2027.

• Infrastructure rollout underway nationally.

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Energy Transition

• Renewables integration reshaping grid.

• Utilities upgrading for resilience.

• Supportive regulation & ESG pressure.

IPD Opportunity

• Supplying core electrical infrastructure — switchgear, distribution boards, UPS, cabling etc.

• Strong position in EV charging, automation & hazardous area solutions.

Proven track record

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• Commercial Infrastructure Sustainability Pipeline & Industrial Expansion & Smart Momentum Growth Building Focus • Non-residential building work • Engineering construction • Shift toward energy-efficient • Investment in the Strategic yet to be completed is up 27% activity accelerating, with design across commercial and (3) Solutions Team delivering results, year-on-year, including a 13% (1) commencements up 43.4% in industrial projects. with early engagement at the increase in commercial the June quarter and 24.4% • Data centre investment specification stage expanding the opportunity pipeline. buildings, signalling sustained year-on-year, underscoring accelerating partly due to new

• market momentum. expanding infrastructure • (2) sustainability standards, Enhanced FY26 growth visibility

• investment.

• • Growth led by health, education, requiring 5-star NABERS or PUE supported by diversified project accommodation, and • Well aligned with IPD’s (Power Usage Effectiveness) conversions across multiple warehousing projects, strengths in power distribution ≤ 1.4 from July 2025, supporting Group businesses. and automation. net-zero infrastructure growth.

• Growth led by health, education, accommodation, and warehousing projects, supporting a strong pipeline of work yet to be delivered.

Sector growth and sustainability trends are translating into stronger specification activity and future earnings visibility for IPD.

1. Source: https://www.abs.gov.au/statistics/industry/building-and-construction/building-activity-australia/jun-2025/87520073.xlsx

2. Source: https://www.abs.gov.au/statistics/industry/building-and-construction/engineering-construction-activity-australia/jun-2025

3. Source: Expert Market Research – Australia Modular Construction Market 2025–2034

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Delivering on Australia’s Growth Sectors

How IPD technologies power major infrastructure and industrial projects

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Amazon Data Centres

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Mirvac Harbourside Redevelopment

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Sydney
Airport
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• Ongoing supply of power distribution units and busway systems.

• Designed and supplied power distribution and control systems.

• Secured turnkey HV electrical services contract.

• Supporting hyperscale facilities in a $26B+ growth sector.

• Delivered through Trivantage for a major commercial redevelopment.

• Strengthening resilience of a critical transport hub.

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Delivering on Australia’s Growth Sectors

How IPD technologies power major infrastructure and industrial projects

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Sydney Fish Market Redevelopment

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Optical & Ophthalmic Research Centre

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Bulk Handling Company

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• Supplied 130+ ABB Variable Speed Drives for advanced HVAC control.

• Installed IPD Optimise energy platform for real-time load monitoring and control.

• DEXEN remote I/O system delivered for a large hazardous area facility.

• Achieved up to 30% energy savings through smart system integration.

• Delivered modular power distribution improving efficiency and operating performance.

• Scalable custom enclosures built for heavy industrial use.

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Trading Update & Outlook

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Trading Update & Outlook

Resilient Markets and Growing Pipeline Reinforce Confidence

Guidance is based on unaudited

management accounts for the first 4 months of FY26 and management forecasts for November and December.

• There are encouraging signs of recovery and resilience across our end markets, with sustained positive momentum observed across all business units.

	$m EBITDA	1H25 Result 23.6	1H26 Guidance Range 24.8 – 25.3	1H26 Guidance vs 1H25 Change (%) +6.1% (1)
	EBIT	20.2	21.1 – 21.6	+5.7%

• Earlier investments made into CMI’s longer-term growth-oriented strategies are starting to generate tangible benefits, underpinned by strong order book growth. The Group’s current opportunity pipeline is positioned well for continued growth through FY26.

The Group is building momentum, with strategic investments beginning to show benefits and supporting a positive outlook for growth in FY26.

1. Based on the mid-point of the 1H26 guidance range

IPD Group – AGM 2025

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Q&A

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Thank you

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