SCIDEV LTD — Investor Presentation 2025

Mar 2, 2025

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Investor Presentation

1H FY25 RESULTS MARCH 2025

Seán Halpin CHIEF EXECUTIVE OFFICER Anna Hooper CHIEF FINANCIAL OFFICER

About SciDev

Our solutions allow clients to recycle and reuse water, improve operational efficiencies and reduce their environmental footprints.

85+ Employees

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3 Primary geographies

SciDev consists of two core divisions

Speciality chemistry: improving operational and environmental outcomes with worldleading chemistry. Servicing a range of heavy industries.

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11+ Patents

3 Business units

Water Technologies: innovative water treatment solutions solving complex contamination issues. World leading PFAS treatment technology.

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8+ Billion litres PFAS contaminated water treated

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40+ PFAS impacted sites remediated

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SciDev Ltd | Investor Presentation March 2025

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Why SciDev?

Growth drivers for long-term shareholder return

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Diversified Revenue Streams

Leading Market Technology

• Diversified business servicing a wide range of industries.

World-leading proprietary technologies.

• Multiple distinct business units with technical synergies operating across a diverse range of end markets.

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• Improving operational outcomes for our clients.

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• Reducing water footprint of global customers operating in mining, construction, energy & waste treatment.

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• Scalable business model.

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• Growth focused, positioned to take advantage of regulatory tailwinds and business trends.

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• Agile, client centric, proactive approach to technology development.

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Strong Financials

Robust balance sheet and healthy cash flow.

• YoY revenue growth of 22% with improvement in EBITDA margin of 79%.

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• Sustainable cashflow generation to support ongoing organic growth.

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• Secured $10m Finance facilities agreement with Westpac; providing balance sheet flexibility to drive future growth.

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Global PFAS Opportunity

Fully commercialised worldleading tech to tackle global PFAS problem.

• US$250 billion addressable market.

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• Rapidly developing global market driven by growing regulation.

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• FlourofIX® Best-in-Class technology removes highlevel PFAS to below limits of detection.

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SciDev Ltd | Investor Presentation March 2025

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1H FY25 Financial Highlights

Revenue EBITDA m m $49.9 $3.4 Cash receipts Cash & equivalents m m $51.0 $11.0 Gross margin Positive cash flow 29% $2.3m

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Revenue in line with pcp, demonstrating underlying growth. Strong financial discipline delivering EBITDA growth. Positive cash flow and gross margins across the business. Healthy BD pipeline across each Business Unit. Strong outlook for H2.

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SciDev Ltd | Investor Presentation March 2025 4

Chemical Services

Increasing our operational footprint

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Secured multiple field trials in the Permian basin, Texas, with bluechip customers for use of specialty chemistry to improve performance and reduce environmental impact of oil wells.

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Expanded footprint in international mining market with initial revenues secured by Nuoer SciDev JV in the US.

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1H 25 REVENUE 1H 25 REVENUE vs PCP
$40m -2%
45
43
41
40
34
33
31
28 28
22
23
18
16
12
12 11 13 13 13
6 6
1H22 2H22 1H23 2H23 1H24 2H24 1H25
Mining & Construction Energy Services
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SciDev Ltd | Investor Presentation March 2025

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Water Technologies

Strengthening our market position

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Significant growth of European Water Technologies business with first contracts secured in Sweden and UK for PFAS treatment.

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Secured multiple water technology contracts in Australia and continued delivery of major projects, including two water treatment plants for a large infrastructure project in Sydney.

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1H 25 REVENUE 1H 25 REVENUE vs PCP
$10m 6%
13
10 10
9
7 6
6
1H22 2H22 1H23 2H23 1H24 2H24 1H25
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SciDev Ltd | Investor Presentation March 2025

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Recent Growth Drivers

Disciplined financial & operational approach; strength in diversification

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Chemistry profit margin improvement via increased acceptance of proprietary technology.

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Disciplined approach to capital management.

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Water growth supported by new D&C projects and larger value contracts.

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Expanding global footprint driven by increasing environmental regulation.

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Record growth via greater customer penetration and new sales.

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Investment in resourcing to support growth.

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SciDev Ltd | Investor Presentation March 2025

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Strategic Market Focus

Diversified portfolio of industry leading, water-centric businesses

Growing global addressable markets. Industrial & government clients. Technology driven solutions.

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Water treatment technologies

Speciality water chemistries

PFAS remediation

Industrial water processes

Increasing global regulation driven by water scarcity, climate change and public sentiment.

Industries under increasing pressure to prove their ‘license to operate.’

Increasing modernized water industry.

Demand for bespoke product and reliable service across solid industries including oil & gas, mining and infrastructure.

Diverse addressable market

with common chemistry backbone enabling technical synergies across chemistry business units.

Strong global regulatory tailwinds driving demand for effective PFAS

treatment and remediation solutions.

US$250 billion addressable market

SDV has an established track record at treating commercially to the lowest levels of detection

Growing demand for improvements in waterbased processes and infrastructure that deliver operational, financial and environmental outcomes.

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SciDev Ltd | Investor Presentation March 2025

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Strategy for Growth

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Diversified
portfolio of
Winning Aspiration industry-
leading water-
centric
businesses
1 2 3 4
Global Markets
Water Speciality PFAS Industrial
treatment water remediation water
technologies chemistries processes
Operating Model Owner Group & Governance Scalable &
mindset business unit agile
delineation
Essential Capabilities
Technology / R&D Operational Capital Mergers and
excellence management acquisitions
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SciDev Ltd | Investor Presentation March 2025

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Outlook

Continuing momentum in core business, while investing in growth opportunities

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Strong balance sheet, well positioned to support organic growth: $10m Finance facilities agreement with Westpac provide balance sheet flexibility to drive growth.

Continuing to diversify our Oil & Gas industry client base as our proprietary CatChek and XSlik product lines gain increasing market acceptance.

Growth and expansion of market share in global mining by delivering MaxiFlox® directly to new clients via direct sales, local licencing and partnership agreements & leveraging our Joint Venture with Nuoer Chemicals.

Use FluorofIX and RegenIX to generate revenue from our rapidly developing PFAS market in Europe and North America.

Exploring inorganic opportunities to increase regional operational capability and accelerate growth in Europe and US as PFAS markets develop.

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SciDev Ltd | Investor Presentation March 2025

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Questions

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SciDev Ltd | Investor Presentation March 2025

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SciDev Snapshot

	SciDev Snapshot	SciDev Snapshot
	Corporate overview
	ASX code	SDV
	Market cap (at $0.49 per share)	A$110.1m
	Shares on issue	189.9m
	As at 31 December 2024

Major shareholders	% held
Board and Management	7.1%
Institutional	39%
Retail	53.9%

As at 4 February 2024

S c i D e v B o a r d

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Vaughan Busby Jon Gourlay Dan O’Toole Mike Utsler Heath Roberts Non-executive Non-executive Non-executive Non-executive Company Chair Director Director Director Secretary

Vaughan Busby

S c i D e v E x e c u t i v e L e a d e r s h i p t e a m

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Seán Halpin

Ollie Kelly

SarahStewart

Anna Hooper

Chief Executive Chief Financial Officer Officer

Head of Head of People & Marketing & CX Culture

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Jamiel Muhor

Chris Dartez

Mick Cox

John Wilson

Quinn Smith

Head of Chemical Services, APAC

Head of Water Vice President, Vice President Technologies, Water Technologies, Water Technologies, APAC Europe America

President Chemical Services, North America

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SciDev Ltd | Investor Presentation March 2025

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Appendix

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SciDev Ltd | Investor Presentation March 2025

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SciDev’s Evolution

Sustainable and consistent earnings year on year

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Revenue ($m)
109
90
56
FY22 FY23 FY24
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Operating Cashflow $m
6.5
4.8
-1.3
FY22 FY23 FY24
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Underlying EBITDA ($m)
8.8
4.1
1.9
FY22 FY23 FY24
NPAT ($m)
2.2
-0.3
-0.6
FY22 FY23 FY24
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SciDev Ltd | Investor Presentation March 2025

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Segment Performance

Solid revenue growth across business units

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Chemical Services
Growth
+11%
87
78
44
40
18
FY20 FY21 FY22 FY23 FY24
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Water Technologies
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Growth
+88%
22
12 12
FY22 FY23 FY24
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Disclaimer

Basis of Preparation of Slides

This presentation has been prepared by SciDev Ltd (SciDev) based on information available to it as at the date of this presentation. The information is provided in summary form and does not contain all information necessary to make an investment decision. Hence, no representation is made as to the accuracy, completeness or reliability of the information.

In addition, neither SciDev nor any of its subsidiaries, directors, employees, directors, shareholders, nor any other person shall have liability whatsoever to any person for any loss, including without limitation from any

fault or negligence arising from this presence or any information supplied in connection with it. This presentation may contain forward-looking statements and projections. These reflect SciDev’s current expectations based on what it believes to be reasonable assumptions.

SciDev gives no warranty to representation as to its future financial performance or any future matter. Except as required by law or ASX listing rules, SciDev is not obliged to update this presentation after its release, even if matters change materially.

This presentation does not constitute financial advice. Further, this presentation is not and should not be construed as an offer to sell or a solicitation of an offer to buy SciDev securities and may not be relied upon in

connection with any purchase of SciDev securities.

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scidevltd.com

CONTACT Chief Executive Officer Seán Halpin +61 (0) 2 9622 5185

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