IPD GROUP LTD — Investor Presentation 2025

Aug 24, 2025

==> picture [231 x 84] intentionally omitted <==

FY25 Full Year Results Presentation

20 25

Important Notice & Disclaimer

==> picture [105 x 39] intentionally omitted <==

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 – FY25 Full Year Results

2

==> picture [228 x 227] intentionally omitted <==

Michael Sainsbury Executive Director & CEO

==> picture [227 x 227] intentionally omitted <==

Jason Boschetti Chief Financial Officer

==> picture [228 x 227] intentionally omitted <==

David McFadyen Investor Relations

IPD Group – FY25 Full Year Results

3

Agenda

– Overview

• Financial Performance

– Market & Business Update

– Strategy & Outlook

• Q&A

IPD Group – FY25 Full Year Results

4

5

==> picture [105 x 39] intentionally omitted <==

Overview

IPD Group – FY25 Full Year Results

==> picture [294 x 296] intentionally omitted <==

Our Vision

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

==> picture [297 x 296] intentionally omitted <==

----- Start of picture text -----

Our
Mission
To enhance every aspect of
infrastructure through energy
efficiency, automation and secure
connectivity while prioritising the
safety and wellbeing of people.
----- End of picture text -----

IPD Group – FY25 Full Year Results

6

Our Connected Group

Complementary strengths driving our position in the energy transition

==> picture [292 x 60] intentionally omitted <==

==> picture [43 x 46] intentionally omitted <==

==> picture [18 x 17] intentionally omitted <==

==> picture [18 x 18] intentionally omitted <==

==> picture [16 x 17] intentionally omitted <==

==> picture [15 x 17] intentionally omitted <==

==> picture [82 x 45] intentionally omitted <==

==> picture [54 x 55] intentionally omitted <==

==> picture [103 x 44] intentionally omitted <==

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

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

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

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

IPD Group – FY25 Full Year Results

7

Corporate Snapshot

Capital Structure

Capital Structure
ASX Code	IPG
ASX Share Price	$3.70 (1)
IPO Date	17th December 2021
Shares on Issue	103,693,582
Net Cash	$9.8M (2)
Market Capitalisation	$384M (1)

==> picture [421 x 196] intentionally omitted <==

----- Start of picture text -----

(1)
Share Price
6.00 IPG-ASX share price Small Ords indexed to IPG
5.00 18-Aug-25
$3.70
4.00
3.00
2.00
1.00
0.00
Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25
----- End of picture text -----

Share Price

1. As at 18 August 2025

2. As at 30 June 2025

Board of Directors

David Rafter Non-Executive Chair Andrew Moffat Non-Executive Director Michael Sainsbury Executive Director & CEO Mohamed Yoosuff Executive Director - Strategic Development

==> picture [351 x 229] intentionally omitted <==

----- Start of picture text -----

(1)
Share Holder Breakdown
15%
85%
External Board, Management & Employees
----- End of picture text -----

IPD Group – FY25 Full Year Results

8

FY25 Results Overview

Continued growth at top-end of earnings guidance

EBITDA $354.7m $46.4m Up 22.1% (PCP $290.4m) Up 19.3% (PCP $38.9m)

Revenue $354.7m

(1) Operating Cash Flow Net Cash $52.7m $9.8m ($35.5m as at 30 June 2024) ($11.1m of Borrowings as at 30 June 2025)

EBIT $39.2m Up 18.4% (PCP $33.1m)

Data Centre Revenue $56.5m

up 33% as a percentage of revenue on FY24

NPAT $26.2m

Up 17.0% (PCP $22.4m)

(2)

LTIFR 1.9 LTIFR

EPS

25.3 cents

Up 8.6% (PCP 23.3cents)

Total Dividends FY25 12.6 cents

Dividend per share fully franked 50% payout ratio

1. Net Debt excludes lease and tax liabilities.

2. Lost time injury frequency rate at 30 June 2025 LTIFR Average number of lost time injuries over the past 12 months for every 1,000,000 hours worked

IPD Group – FY25 Full Year Results

9

==> picture [105 x 39] intentionally omitted <==

Financial Performance

IPD Group – FY25 Full Year Results

10

Financial Performance

Record revenues & profits

Continued growth at top-end of earnings guidance

• Record revenue, EBITDA, EBIT and NPAT results for the Group drives earnings to the top end of guidance range.

• Revenue of $354.7 million representing 22.1% growth on pcp.

• Continued revenue growth across the core IPD business (+5.2% on the pcp), CMI’s Minto Plugs (+6.4% on the pro-forma[(2)] pcp), and EX Engineering (+5.2% on the pro-forma[(2)] pcp) on strength in key infrastructure sectors (including Data Centres and Water & Waste-Water).

• CMI’s Cables (revenue -10.2% on the pro-forma[(2)] pcp) remains affected by headwinds across its key end-market (Commercial Construction/Buildings), while Addelec (revenue -12.8% on the pcp) was impacted by previously-disclosed project delays.

• Data Centre revenue growing strongly, up 33% on FY24. Now representing 16% of group revenue.

• EPS[(1)] of 25.3 cents for FY25, up 8.6% on pcp, demonstrates the success of accretive acquisitions made in FY24.

	$m		FY25	FY24	Movement % (vs lastyear)
	Revenue Gross profit		354.7 121.2	290.4 107.8	22.1% 12.4%
	EBITDA EBIT NPAT EPS (cents per share) Gross profit margin Operating expenses as % of revenue (1)		46.4 39.2 26.2 25.3 34.2% 21.4%	38.9 33.1 22.4 23.3 37.1% 24.0%	19.3% 18.4% 17.0% 8.6% (2.9%) (2.6%)
	EBITDA margin		13.1%	13.4%	(0.3%)
	EBIT margin		11.1%	11.4%	(0.3%)
	NPAT margin		7.4%	7.7%	(0.3%)

1. Weighted average number of ordinary shares used in the calculation of earnings per share of 103,615,420 (FY24: 96,039,605)

2. IPD acquired EX Engineering on 21 July 2023 and CMI Operations on 31 January 2024. The Pro forma information presented includes the financial performance of EX Engineering and CMI Operations prior to acquisition.

IPD Group – FY25 Full Year Results

11

Sales & Earnings

Record revenues & profits

==> picture [522 x 355] intentionally omitted <==

----- Start of picture text -----

Revenue EBITDA 46.4
354.7
38.4%
CAGR 38.9
32.3%
290.4
CAGR
226.9 27.7
176.8
20.2
13.4%
13.1%
121.2
118.1
107.8 13.6
87.5 86.8 12.2%
67.5 9.1
11.5% 11.4%
46.3
33.6
10.4%
FY20 FY21 FY22 FY23 FY24 FY25 FY20 FY21 FY22 FY23 FY24 FY25
Statutory Revenue Statutory Gross Profit EBITDA EBITDA margin
----- End of picture text -----

Revenue of $354.7 million, up 22.1% on pcp

• The acquisitions of EX Engineering and CMI Operations last financial year have contributed to the Group's revenue growth.

• IPD’s diverse product range has enabled IPD to pivot towards growing industries such as Data centres and Water and Waste Water.

• As expected, CMI Operations’ lower operating gross profit margins have had a dilutive impact on consolidated gross profit margins.

EBITDA of $46.4 million, up 19.3% on pcp

• Continued growth for the Group drives earnings to the top end of the guidance range.

• (1)

• • EPS of 25.3 cents for FY25, up 8.6% on pcp, demonstrates the success of accretive acquisitions made in FY24.

• Weighted average number of ordinary shares used in the calculation of earnings per share of 103,615,420 (FY24: 96,039,605)

IPD Group – FY25 Full Year Results

12

==> picture [14 x 11] intentionally omitted <==

----- Start of picture text -----

(1)
----- End of picture text -----

Pro-forma Financial Performance

(1)

Pro-forma sales & earnings

Continued revenue growth across the core IPD business, CMI’s Minto Plugs and EX Engineering

• Larger more complex orders typically have longer lead times and less certainty around delivery timing. This has resulted in a proportion of orders that would previously have already become invoiced Revenue now sitting in our Order Backlog.

• Amidst the wider macroeconomic challenges in the commercial construction sector, IPD group delivered pro-forma[(1)] revenue growth of 1.2%.

• Continued revenue growth across the core IPD business (+5.2% on the pcp), CMI’s Minto Plugs (+6.4% on the pro-forma[(1)] pcp), and EX Engineering (+5.2% on the pro-forma[(1)] pcp) on strength in key infrastructure sectors (including Data Centres and Water & Waste Water).

• CMI’s Cables (revenue -10.2% on the pro-forma[(1)] pcp) remains affected by headwinds across its key end-market (Commercial Construction/Buildings), while Addelec (revenue -12.8% on the pcp) was impacted by previously-disclosed project delays.

	(1)	(1)
	Pro-forma	Pro-forma
$m	FY25	FY24	Movement %
Revenue	354.7	350.4	1.2%
Gross profit	121.2	124.1	(2.3%)
EBITDA	46.4	49.8	(6.8%)
EBIT	39.2	42.8	(8.4%)
NPAT	27.5	29.5	(6.8%)
Gross profit margin	34.2%	35.4%	(1.2%)
Operating expenses as % of revenue	21.4%	21.3%	0.1%
EBITDA margin	13.1%	14.2%	(1.1%)
EBIT margin	11.1%	12.2%	(1.1%)
NPAT margin	7.4%	8.4%	(1.0%)

1. IPD acquired EX Engineering on 21 July 2023 and CMI Operations on 31 January 2024. The Pro forma information presented includes the financial performance of EX Engineering and CMI Operations prior to acquisition and excludes acquisition related costs.

IPD Group – FY25 Full Year Results

13

Balance Sheet

Strong & flexible financial position

	As at	As at
$m	30 Jun 2025	30 Jun 2024
Total current assets	169.2	173.3
Total non-current assets	105.8	99.4
Totalassets	275.0	272.7
Total current liabilities	83.6	80.4
Total non-current liabilities	27.5	41.6
Totalliabilities	111.1	122.0
Net assets	163.9	150.7

• As at 30 Jun 2025, the Group has $163.9 million of net assets on its balance sheet.

• As at 30 Jun 2025 the group is in a net cash position of $9.8 million (up from an $8.8 million net debt position as at 30 June 2024), with $20.9 million of cash and $11.1 million in borrowings.

• In November 2024 IPD Group opened its new Brisbane office within the Brisbane Airport precinct, and in June 2025 the Group opened its new Melbourne office in Noble Park. These expanded facilities, featuring product showrooms and training rooms, foster a collaborative environment to drive strategic sales synergies while supporting future growth across the group.

==> picture [300 x 367] intentionally omitted <==

----- Start of picture text -----

Net Assets $163.9m
$150.7m
$72.9m
$63.4m
$39.2m
30 Jun 2021 30 Jun 2022 30 Jun 2023 30 Jun 2024 30 Jun 2025
----- End of picture text -----

IPD Group – FY25 Full Year Results

14

Cash & Cashflow

Strong & flexible financial position

	As at	As at
	30 Jun	30 Jun
$m	2025	2024
EBITDA	46.4	38.9
Change in workingcapital	6.3	(3.4)
Operating free cash flow (beforeinterestandtax)	52.7	35.5
Operating free cash flow conversion (before interest and tax)	113.6%	91.3%

• As at 30 Jun 2025 the group is in a net cash position of $9.8 million (up from an $8.8 million net debt position as at 30 June 2024), with $20.9 million of cash and $11.1 million in borrowings.

• As a result of prudent cash management, the Group has repaid $20.0 million of core debt. As a result, the acquisition debt facility and associated non-current borrowings have been reduced to $11.1 million.

• Operating free cash flow (before interest and tax outflows) has continued to increase, rising to $52.7 million for FY25 with Operating free cash flow conversion (before interest and tax outflows) of 113.6% for FY25 (up from 91.3% in the pcp).

Net Cash / (Net Debt)

==> picture [393 x 331] intentionally omitted <==

----- Start of picture text -----

$30.0m
$25.4m
$25.0m
$20.8m
$20.0m
$15.0m
$11.7m $12.6m
$9.8m
$10.0m
$5.0m
$0.0m
($5.0m)
($10.0m)
($8.8m)
($15.0m)
30 Jun 2020 30 Jun 2021 30 Jun 2022 30 Jun 2023 30 Jun 2024 30 Jun 2025
----- End of picture text -----

IPD Group – FY25 Full Year Results

15

Net Working Capital & Dividend

Continued investment for future growth

Net working capital (NWC) of $70.9 million

• Inventory increased by $3.3 million on pcp, whilst total net working capital decreased during the year ended 30 June 2025.

• The working capital position improved during the year due to enhanced vendor terms and diligent debtor management throughout the year.

Dividend of 12.6 cents/share

• $26.2 million in NPAT from ordinary activities, up 17.0% on pcp.

• Fully franked interim dividend of 6.4 cents per share declared for the first half of FY25 (1H FY24 4.6 cents per share).

• 25 August 2025, the Directors declared a final fully franked dividend of 6.2 cents per share.

• Total dividends declared for FY25 were 12.6 cents per share (FY24 10.8 cents per share), up 16.7% on the pcp. Total dividends equate to a total payout of $13.1 million and a payout ratio of 50%.

==> picture [521 x 352] intentionally omitted <==

----- Start of picture text -----

Net Working Capital (NWC) Dividends
$76.9m
12.6c
$70.9m
10.8c
9.3c
$39.4m
$25.0m
3.7c
$19.6m
30 Jun 2021 30 Jun 30 Jun 30 Jun 30 Jun FY22 FY23 FY24 FY25
2022 2023 2024 2025
----- End of picture text -----

IPD Group – FY25 Full Year Results

16

17

==> picture [105 x 39] intentionally omitted <==

Market & Business Update

IPD Group – FY25 Full Year Results

Industrial Internet of Things & Smart Grid Digitalisation

Fuelling demand for connected energy solutions

==> picture [59 x 63] intentionally omitted <==

Data Sources

Captures data from connected devices and infrastructure.

==> picture [84 x 91] intentionally omitted <==

Edge Computing

Processes data locally for faster decisionmaking.

==> picture [63 x 67] intentionally omitted <==

Cloud Computing

Stores, analyses, and integrates large-scale data.

==> picture [57 x 57] intentionally omitted <==

Action & Insights

Drives real-time operational improvements and automation.

Summary for investors

Why it Matters to IPD

• IoT connects industrial devices for real-time monitoring and control.

• Demand growth for hardware (switchgear, boards, sensors) and integrated solutions enabling IoT.

• Enables efficiency, predictive maintenance, and better integration of renewables.

• Support by key technologies: AI & Machine Learning Edge & Cloud Computing, Digital Twins, Vision Systems, Augmented Reality, Smart HMIs.

• Edge computing increases need for local equipment such as distribution boards, power supplies, and network integration hardware.

• Positions IPD for growth in both new infrastructure and upgrade markets.

IPD Group – FY25 Full Year Results

18

Australian Data Centre Boom

Capitalising on data centre growth & ESG upgrades

==> picture [590 x 320] intentionally omitted <==

----- Start of picture text -----

Market Growth ESG Pressures
Drivers =
More Opportunity
AI, Cloud & 5G Energy Efficiency Mandates
Surging data demand Benchmarking and
upgrades to reduce grid use
Capacity Surge
Market to more than double Renewable Integration
by 2030 Transition from coal by 2035
requires alternative energy
175+ New Facilities
$26B investment pipeline(1) Cooling Innovation
Shift to liquid cooling drives
new systems
----- End of picture text -----

Electrical Opportunity Power Distribution MV/LV switchgear, busway systems, protection relays Critical Backup UPS, batteries, generators

Automation & Control Building management, monitoring, optimisation

Sustainability Solutions Energy efficiency systems, renewables integration, advanced cooling tech

1. Source: JLL Research

IPD Group – FY25 Full Year Results

19

EV Market is a Long-Term Structural Shift

Not a short-term boom but a decades-long infrastructure transformation

EV adoption in Australia is accelerating, with sales tripling since 2022.

EV adoption remains on a long-term growth path; monthly sales swings matter less.

4x fleet growth needed by 2027 to meet targets, driving sustained infrastructure demand.

==> picture [877 x 258] intentionally omitted <==

----- Start of picture text -----

EV SALES IN AUSTRALIA
BEV PHEV
11.6% market share — tripled since 2022
4.1
1.9
0.9
4x fleet growth needed in next 4 years
7.2 7.3 7.5
0.5
3.1
0.8
0.3
CY20 CY21 CY22 CY23 CY24 CY25 YTD
Source: FCAI, Macquarie Research, August 2025
----- End of picture text -----

IPD Opportunity

==> picture [24 x 26] intentionally omitted <==

==> picture [23 x 24] intentionally omitted <==

==> picture [23 x 24] intentionally omitted <==

Supplies complete EV infrastructure — from chargers and supporting electrical systems to full design, installation and lifecycle support.

IPD Group – FY25 Full Year Results

20

Diversified Revenue

Multiple technologies for diverse markets and stable growth

==> picture [151 x 18] intentionally omitted <==

----- Start of picture text -----

Revenue by Type (%)
----- End of picture text -----

==> picture [279 x 168] intentionally omitted <==

----- Start of picture text -----

Products - 94%
Services - 6%
----- End of picture text -----

Revenue by State (%)

==> picture [392 x 165] intentionally omitted <==

----- Start of picture text -----

NSW/ACT - 36%
WA - 22%
QLD - 21%
VIC - 17%
SA/NT - 3%
TAS - 1%
----- End of picture text -----

Revenue by Product Type (%)

==> picture [146 x 151] intentionally omitted <==

Revenue by End Market (%)

==> picture [146 x 151] intentionally omitted <==

Power Distribution - 36% Cable - 21% Hazardous Area Equipment - 12% Motor Control - 10% Automation & Communciations - 9% Services - 6% Power Monitoring - 4% Other - 2%

Commercial Construction/Buildings - 32% Infrastructure/Industrial/Mining - 23% Data Centres - 16% Water & Waste Water - 13% Power Utilities - 5% Food & Beverage - 3% Residential Construction - 1% Others - 7%

IPD Group – FY25 Full Year Results

21

Product Vendor Relationships

Supplier expansion supports long-term stability & growth

Vendor Revenue Concentration (%)

ABB accounts for 31% of group revenue and continues to drive revenue growth in key infrastructure sectors, such as Data Centres.

Contribution of the top 5 vendors have decreased from 62% in FY23 to 53% in FY25 with the acquisitions of Ex Engineering and CMI Operations.

The company's diverse vendor and technology portfolios offset declines in some segments with growth in others.

==> picture [469 x 292] intentionally omitted <==

----- Start of picture text -----

100%
90%
80%
70%
60%
Other Vendors
50% Vendors 6-10
Vendors 2-5
40%
ABB
30%
20%
10%
31% 35% 44% 32% 31%
0%
FY21 FY22 FY23 FY24 FY25
----- End of picture text -----

IPD Group – FY25 Full Year Results

22

==> picture [132 x 55] intentionally omitted <==

Business Review

Leaders in High Voltage & EV Charging Solutions

Initiatives & Highlights

Major Projects

Public Transport Authority (WA): Delivered design and construction for Malaga and Bayswater depot upgrades to enable 100% EV fleet operations, with a focus on efficient charging and cost control.

National Expansion: Established operations in Queensland to increase national coverage and access key growth markets.

Strategic Partnerships: Achieved ABB Authorised Value Partner status for both Motion Services and Electric Vehicle Charging Solutions.

NRMA National EV Charging Rollout: Delivered 10 new EV charging sites across regional and coastal NSW, including full infrastructure, battery integration, and in-house electrical and civil works.

Business Integration: Consolidated EV and service capabilities by integrating Gemtek and IPD Services into the Addelec business.

Western Sydney University & Powercor/CitiPower: Secured multi-year service contracts:

Workforce Optimisation: Rolled out a technician utilisation strategy to improve project delivery and workforce efficiency.

• $1M annually for high-voltage maintenance at Western Sydney University.

Airport Infrastructure: Secured a turnkey contract with Sydney Airport for ongoing electrical services, strengthening Addelec’s presence in critical transport infrastructure.

• $3M annually for zone substation testing and calibration services with Powercor/CitiPower.

==> picture [197 x 117] intentionally omitted <==

IPD Group – FY25 Full Year Results

23

==> picture [59 x 32] intentionally omitted <==

Business Review

Experts in Electrical Cables & Power Connections

Initiatives & Highlights

Major Projects

Large Processing Facility (Tamworth): Supplied mains and submains cable for a major industrial project, supporting reliable power delivery in a regional setting.

Operational Integration: Integrated Melbourne operations into the Noble Park facility, improving cable storage efficiency, safety, and workflow with new racking systems.

Woodford Youth Detention Centre (QLD): Delivered long-length submains cable to support essential facility upgrades.

Technology Investment: Introduced laser engraving for faster label marking and improved traceability of stainless-steel labelled products.

Oyu Tolgoi Copper Mine (Mongolia): Renewed a three-year supply contract for low-voltage plugs and receptacles, reinforcing CMI’s established mining sector relationships.

Product Portfolio Expansion: Launched Minto MkII plug series, including 300A and 425A stainlesssteel plugs, Dummy Plugs, PCI Plugs, and Multipurpose Plugs.

Logistics & Transport Improvements: Rolled out a new transport provider arrangement, achieving greater delivery flexibility and cost efficiency.

Papua New Guinea Mining Projects: Supplied 60A and 150A Minto plugs and receptacles to multiple copper and gold mines through a local partner.

Digital Experience: Launched a new website offering enhanced access to technical product content and stronger customer engagement tools.

==> picture [197 x 117] intentionally omitted <==

IPD Group – FY25 Full Year Results

24

==> picture [40 x 42] intentionally omitted <==

Business Review

Trusted in Electrical Safety for Hazardous Areas

Initiatives & Highlights

Major Projects

Release Reputation & Market Demand: Recognition as a trusted supplier of hazardous area solutions continues to grow, with more industries engaging EX Engineering for specialised support.

Major LNG Facility: Contract extension and supply expansion, reinforcing our long-term partnership.

Major Bulk Handling Company: Supply of hazardous area equipment to support major infrastructure upgrades and network expansion.

Sales Pipeline & Growth: Enquiries and revenue increased year on year, reflecting stronger market confidence and an expanding project pipeline.

Major LNG Facility: Delivery of repair services to support large-scale site expansion.

DEXEN Product Development: Several previously custom DEXEN enclosure solutions are now being produced as standard products, opening new market opportunities.

Major Bulk Handling Company: Successful delivery of a DEXEN remote I/O solution, demonstrating product scalability and engineering capability.

Stock Optimisation: Inventory levels were reduced by 25%, while availability of highdemand products improved, increasing operational efficiency and customer responsiveness.

Hydrogen Application Project: Completed verification and certification of a custom enclosure unit for a highly specialised hydrogen project.

==> picture [197 x 117] intentionally omitted <==

IPD Group – FY25 Full Year Results

25

==> picture [64 x 27] intentionally omitted <==

Business Review

Leading Solutions in Electrical Power, Control & Automation

Initiatives & Highlights

Major Projects

Amazon Data Centres (Sydney): Continued supply of power distribution units and busway systems for multiple Amazon facilities..

New Product Launches : Launched the 160A distribution board and ABB electrical metering offers, strengthening our position in wholesale and project channels.

Mirvac Harbourside Redevelopment (Sydney): Supplied power distribution and control systems through Trivantage for this large-scale commercial redevelopment.

Team Expansion & Market Focus: Expanded the team to support growth in UPS, motors, and consultant engagement across key markets.

101 Collins Street (Melbourne): Delivered motor control systems to support AG Coombs' air handling upgrade, improving reliability and energy efficiency.

Customer Service Capability: Strengthened customer support functions across Australia, Sri Lanka, and Manila, improving efficiency and service coverage.

Supply Chain Optimisation: Enhanced performance through automation, including implementation of a vertical lift system and new logistics partnerships..

National Energy Infrastructure Project: Secured a $1.6M contract for industrial communications supporting national energy infrastructure (project under NDA).

Bulli & Fraser Coast Council (NSW & QLD): Delivered $750K in industrial communications systems across regional and municipal sites.

Category Growth: Delivered strong performance in motor control, automation, and industrial communications..

==> picture [197 x 117] intentionally omitted <==

IPD Group – FY25 Full Year Results

26

==> picture [105 x 39] intentionally omitted <==

Strategy & Outlook

IPD Group – FY25 Full Year Results

27

Our Strategic Pillars

Committed to long-term shareholder value creation

==> picture [84 x 83] intentionally omitted <==

==> picture [83 x 83] intentionally omitted <==

Business Growth

Customer value & market expansion – Leverage strong brands and expertise to deliver tailored, reliable solutions and expand into new markets.

Accelerating growth – Invest in strategic acquisitions to increase earnings, market share, and sector reach.

Sustainability

Reducing Environmental Footprint – Cutting grid energy reliance, transitioning to electric/hybrid fleets, and promoting circularity to minimise waste and extend product lifecycles.

Making a Lasting Social Impact – Supporting charities, industry initiatives, and education programs to strengthen the electrical industry.

==> picture [82 x 83] intentionally omitted <==

==> picture [85 x 86] intentionally omitted <==

Operational Efficiency

Scalable Operations – Leverage shared services and economies of scale to streamline processes, reduce costs, and expand industry reach.

Synergies & Emerging Technologies – Use partnerships and emerging tech to develop innovative, adaptable solutions that drive value and growth.

People

Our success depends on a strong, engaged, and diverse workforce, essential for sustainable growth.

Employee Wellbeing & Development: Enhancing satisfaction, engagement, and safety while fostering an inclusive and supportive workplace.

Talent Attraction & Retention: Attracting, retaining, and developing diverse talent to strengthen our team and uphold high standards.

IPD Group – FY25 Full Year Results

28

Outlook

Sustaining strong results

==> picture [89 x 62] intentionally omitted <==

Strategic Focus

Executing strategic priorities, creating long-term value, and staying agile to adapt to changing market conditions.

==> picture [75 x 68] intentionally omitted <==

Growth Drivers

Whilst some of our end markets remain challenging, IPD continues to capitalise on emerging opportunities driven by the transition to renewable energy, increasing demand from data centres and associated energy requirements, the expansion of EV chargers and demand for public transport electrification, and a supportive legislative environment.

==> picture [58 x 99] intentionally omitted <==

Sustainable Growth

Efficiently positioned to capitalise on an improvement in weaker end markets, notably commercial construction and buildings.

Trading update to be presented at the AGM on 25 November 2025

IPD Group – FY25 Full Year Results

29

30

==> picture [105 x 39] intentionally omitted <==

Q&A

IPD Group – FY25 Full Year Results

==> picture [105 x 39] intentionally omitted <==

Thank you

IPD Group – FY25 Full Year Results

31