SRG GLOBAL LIMITED — AGM Information 2012

Nov 26, 2012

2012 ANNUAL GENERAL MEETING

27 NOVEMBER 2012, 10.30AM (WST) CROWN PERTH, BURSWOOD WESTERN AUSTRALIA 6100

Agenda

» Chairman's Opening Address Peter Wade

» Group Managing Director Presentation Enzo Gullotti

» Business of Meeting Peter Wade

Growth. Value. Diversity.

Board of Directors & Secretary

» Peter Wade, Non-Executive Chairman » Enzo Gullotti, Group Managing Director » George Chiari, Executive Director » Sam Mangione, Non-Executive Director » Michael Sertorio, Non Executive Director » Vince Gerasolo, Company Secretary

Vision. Experience. Leadership.

Products & Services

Customer Sectors

Our strong market presence and customised solutions, makes us a leading supplier to the Commercial, Residential, Resource & Industrial sectors.

Our national presence allows us to provide multi disciplined labour and high quality equipment to all industries anywhere across Australia.

Locations

Corporate Highlights

• » GCS continues to deliver year on year increased Revenues and NPAT.
• » Approximately $60m invested in PP&E, majority in Plant Hire and Site Accommodation.
• » Expansion of geographic footprint in the North-west and Mid-west to meet demand in the Resources and Energy sectors.
• » Continued investment in SmartScaff JV to meet increased demand on East Coast.

FINANCIAL HIGHLIGHTS

» Stage 1 of $30m QEII Car park project for Probuild completed ahead of schedule.

» General Plant Hire division increases market share, revenue and earnings.

Segment Size (by Revenue Share)	^61.5%FY11 72.7%
Revenue	24%FY12 $130.5m, FY11 $105.6m
Adjusted EBITDA1	3%FY12 $34.2m, FY11$33.0m

Net Assets

FY12 $36.8m, 16% FY11 $43.7m

1 Adjusted EBITDA is EBITDA derived from the operating segments and excludes investments, other income, and GCS support functions including corporate office and treasury which are included in corporate/other.

» Residential sector experiencing tough trading conditions.

• » Housing starts at an all time low in FY12.
• » Market share maintained, despite depressed market.

Segment Size (by Revenue Share)	^11.1%FY11 15.4%
Revenue	6%FY12 $23.6m, FY11$22.3m
Adjusted EBITDA1	7%FY12 $4.8m,FY11 $5.1m
Net Assets	19%FY12 $22.4m,FY11 $18.9m

1 Adjusted EBITDA is EBITDA derived from the operating segments and excludes investments, other income, and GCS support functions including corporate office and treasury which are included in corporate/other.

FY11 11.9%

» Significant investment in Plant Hire and Site Accommodation.

• » Expansion of GCS Hire with new operating sites in the Pilbara and Mid-west.
• » GCS Fleet Rental, a new division offering mine spec vehicles in the Resources and Energy sectors.
• » GCS Industrial Services has a more complete offering and is successfully deploying labour in the North-west.

Segment Size (by Revenue Share)

Revenue

Adjusted EBITDA1

Net Assets

FY12 236% $58.2m, FY11 $17.3m

^27.4%

FY12 401% $17.4m, FY11 $3.5m

FY12 776% $29.9m, FY11 $3.4m

1 Adjusted EBITDA is EBITDA derived from the operating segments and excludes investments, other income, and GCS support functions including corporate office and treasury which are included in corporate/other.

• » GCS completes $32.2m capital raising in October 2012.
• » CASC has commenced work on the new Midland Hospital project valued at $30m.
• » GCS awarded the first major scaffold supply contract of 6,000 tonne on the $43b Chevron Gorgon Project.
• » GCS awarded portable Site Accommodation Package on Chevron Wheatstone early works.
• » Group MD and KMP's have extended their tenure with GCS for a further three years.
• » GCS has commenced negotiations on re-setting the key corporate banking facility.

• » Capital raising has strengthened balance sheet and reduced net debt to equity from 63% to 42%.
• » GCS expects NPAT to increase approximately 20% in FY13 subject to market conditions.
• » Expanded GCS Hire branch network is expected to boost contributions to the Group.
• » Signs of improvement in Residential market with recent interest rate cuts.
• » Optimistic outlook in the Commercial sector with $7.6b in State Government infrastructure initiatives committed.
• » GCS is well positioned to secure new opportunities from approximately $100b of committed investment in Oil and Gas projects in Western Australia and the Northern Territory.
• » GCS continues to experience an increased level of enquiry for its range of products and services.
• » GCS seeks to reinstate dividend payments to shareholders in FY13.

Resolution 1

Non Binding Resolution to Adopt Remuneration Report

To consider and, if thought fit, to pass, with or without amendment, the following Resolution as an ordinary resolution:

"That the Remuneration Report as set out in the Annual Report for the year ended 30 June 2012 be adopted."

Non Binding Resolution to Adopt Remuneration Report

The following proxies have been received:

Vote Type	Voted	%	% all securities
For	47,426,777	85.98	27.86
Against	7,360,876	13.34	4.32
Open	376,586	0.68	0.22
Excluded	35,514,535	N/A	20.86
Abstain	3,171,861	N/A	1.86

Election of Mr Peter Wade

To consider and, if thought fit, to pass, with or without amendment, the following as an ordinary resolution:

"That Mr Peter Wade, having been appointed as an additional director of the company on 17 November 2011, who retires as a director in accordance with Clause 6.3 of the Company's Constitution and, being eligible and offering himself for election, be elected as a director of the Company with immediate effect."

Election of Mr Peter Wade

The following proxies have been received:

Vote Type	Voted	%	% all securities
For	93,359,338	99.51	54.83
Against	66,936	0.07	0.04
Open	394,361	0.42	0.23
Excluded	0	N/A	0.00
Abstain	30,000	N/A	0.02

Re-Election of Mr Sam Mangione

To consider and, if thought fit, to pass, with or without amendment, the following Resolution as an ordinary resolution:

"That Mr Sam Mangione, who retires as a director in accordance with Clause 6.3 of the Company's Constitution and, being eligible and offering himself for re-election, be re-elected as a director of the Company with immediate effect."

Resolution 3

Re-Election of Mr Sam Mangione

The following proxies have been received:

Vote Type	Voted	%	% all securities
For	75,301,046	80.26	44.23
Against	18,127,328	19.32	10.65
Open	392,261	0.42	0.23
Excluded	0	N/A	0.00
Abstain	30,000	N/A	0.02

Ratification of Placement

To consider and, if thought fit, to pass, with or without amendment, the following Resolution as an ordinary resolution:

"That, for the purposes of ASX Listing Rule 7.4 and for all other purposes, Shareholders approve and ratify the allotment and issue of 17,267,706 fully paid ordinary shares in the capital of the Company under the Placement announced on 7 September 2012 to sophisticated and professional investors on the terms and conditions set out in the Explanatory Memorandum accompanying the notice of meeting."

Ratification Placement

The following proxies have been received:

Vote Type	Voted	%	% all securities
For	83,059,092	99.24	48.78
Against	260,842	0.31	0.15
Open	376,586	0.45	0.22
Excluded	5,520,824	N/A	3.24
Abstain	3,532,483	N/A	2.07