SCIDEV LTD — Capital/Financing Update 2025

Jun 29, 2025

ASX Announcement

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30[th] June 2025

SciDev secures $21.5M[1] in high-value contracts and renewals across Oil & Gas, Mining and PFAS Remediation.

Highlights

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• Execution of a Master Services Agreement and first commercial order received from a bluechip E&P company in the Permian Basin for the supply of Friction Reducer and CatChek[TM] . The account is expected to generate up to $10 million in FY26.

• $2.5 million contract with Generator Property Management using FluorofIX[TM ] to treat legacy PFAS contamination at the former Munmorah Power Station in New South Wales.

• $6 million, three-year contract renewal with leading Australian resources company for continued supply of MaxiFlox[®] to a Queensland coal mine.

• A supply contract executed to support a major Victorian infrastructure project with the supply of MaxiFlox[®] , with an expected value of $2m to be recognised in FY26.

• Secured a three-year MaxiFlox[®] supply contract with a major NSW water utility, expected to deliver $1m per annum in revenue.

Outlook

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• Strong outlook across US energy, international PFAS, and domestic mining sectors with further conversion of opportunities expected in early FY26.

• The above contract wins add further robustness to SciDev’s existing orderbook of secured contracts and recurring revenues.

• Subject to future contract wins, Management expect to deliver FY26 revenue in the range of $120 - $140 million.

SciDev Ltd (ASX: SDV) ('SciDev' or 'the Company') has secured new contracts and renewals across key market verticals valued at $21.5 million in May and June 2025, including in Oil & Gas,

environmental remediation, and mining, highlighting growing momentum across strategic growth initiatives.

1 All financial results are unaudited. All $ are A$ unless otherwise stated

SciDev Limited

SciDev Limited Unit 1, 8 Turbo Rd ABN: 25 001 150 849 Kings Park e: info@scidevltd.com NSW 2418 AUSTRALIA w: scidevltd.com

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p: +61 2 9622 5185

SciDev CEO Seán Halpin said : “Recent contract wins highlight strong demand for SciDev’s performance-driven solutions and reinforce the strength of our growing project pipeline across water-intensive industries.

“Demand for our proprietary chemistries across oil & gas, mining, and infrastructure is strong, driven by strengthening market conditions and tightening global regulations. Our engagement by a Blue-Chip E&P company in the Permian Basin follows extensive field trials earlier in the financial year. It highlights both the strong performance of our technology as well as SciDev’s ability to convert new business.

“In Water Technologies, our contract with Generator Property Management marks our first engagement in the Australian energy sector, and a milestone in expanding our world-class PFAS remediation technology across both new infrastructure and legacy asset markets.

“ Looking forward, SciDev is well-positioned to build on this momentum, with significant expansion potential in US oil and gas. Additionally, we continue to advance a pipeline of PFAS remediation opportunities both domestically and internationally, whilst ongoing product trials in mining support robust near-term growth across our diversified customer base.”

“The combination of recent contract wins and our existing order book provides a strong foundation for growth in FY26. This foundation, added to a strengthening BD pipeline and proven execution capabilities, supports our confident outlook for revenue growth and margin expansion in the coming financial year.”

The Board of SciDev Limited authorises this announcement.

For Further Information

Investors

Adrian Mulcahy adrian.mulcahy@automicgroup.com.au +61 (0) 438 630 422

Media

Rama Razy rama.razy@automicgroup.com.au +61 (0) 498 440 142

About SciDev

SciDev is a leader in innovative solutions that solve industry’s most complex water problems.

We provide specialty chemistry and water treatment technologies to heavy industry across the mining & mineral processing, water & wastewater, construction & infrastructure, oil & gas, remediation, and defence sectors.

Our solutions ensure clean and sustainable water resources, improve operational efficiencies, and reduce environmental impact for our clients.

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