WISEWAY GROUP LIMITED — Interim / Quarterly Report 2025

Feb 25, 2025

Wiseway Group (ASX: WWG) 1H25 Presentation

26 February 2025

1

Contents

|1H25 Results | Key takeaways|3|
|---|---|
|1H25 Results Overview|4|
|Business Overview|11|
|Outlook and Priorities|15|

==> picture [242 x 540] intentionally omitted <==

1H25 Results | Key takeaways

• 1 Group Revenue for 1H25 has increased by 60% to $83.9 million

• Group EBITDA for 1H25 has increased by 39% to $6.0 million and Net Profit

• 2 Before Tax has increased by 182% to $1.6 million

• 3 Wiseway has delivered four successive half-year periods of profitability and strong financial performance

• Wiseway has been successful in capturing significant Asia to Australia and USA

• 4 inbound freight, with a 192% increase in Imports and 9x increase in USA revenue

• Further tailwinds in the business as eCommerce volumes grow and Lobster and

• 5 Wine shipments increase their share into China

3

1H25 results overview

1H25 | Financial and operational highlights

==> picture [72 x 34] intentionally omitted <==

Financial highlights

Operational highlights

$83.9 million (+60%) Group Revenue

Wiseway has continued to prioritise its Imports division, allowing further capture of the growing eCommerce market

$6.0 million (+39%) EBITDA

• $1.6 million (+182%) Net Profit Before Tax

13 cents Net Tangible Assets per Share

$11.8 million (+42%) Cash and Cash Equivalents

==> picture [37 x 32] intentionally omitted <==

==> picture [51 x 31] intentionally omitted <==

Cost discipline has been front of mind for the business, which has allowed the business to deliver profitable results despite a competitive market with tight margins

Our Perishables Strategy has achieved additional client wins, despite a softer Asian market for perishables and exports

Wiseway’s Sales team (started in FY24) has generated positive returns on investment, and a large number of new account wins within a short period

0.4 cents (+100%)

Interim Dividend per Share Proposed

==> picture [41 x 41] intentionally omitted <==

KWT has been successfully integrated into Wiseway Group and has delivered significant growth and positive profitability

5

1H25 | Wiseway has delivered significant results across all metrics

==> picture [878 x 368] intentionally omitted <==

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

Revenue EBITDA Profit before tax Profit after tax Cash
+60%
+42%
$83.9M
$11.8M
+39%
$6.0M +182%
$1.6M $8.3M
$52.3M +130%
$4.3M
$1.3M
$0.6M $0.6M
1H2025 1H2024 1H2025 1H2024 1H2025 1H2024 1H2025 1H2024 1H2025 FY24
----- End of picture text -----

6

1H25 | Wiseway’s strategy has delivered sustained financial performance

Wiseway Group EBITDA and growth (1H2023 – 1H2025)

==> picture [842 x 286] intentionally omitted <==

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

$6.0M
+243% CAGR
$4.3M
$3.9M
$3.2M
$0.5M
1H2023 2H2023 1H2024 2H2024 1H2025
----- End of picture text -----

CAGR = Compounded Annual Growth Rate (across two annual periods)

7

1H25 | Wiseway’s Inbound Imports and USA strategy is driving growth

% Revenue split by division

$ Revenue split by geography

==> picture [894 x 328] intentionally omitted <==

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

$83.9M $52.3M $83.9M $52.3M
100% Other 100% Other
0% 3%
14% Overseas 14% 1% 2% Singapore
20%
3% (including NZ) 2% USA
80% 80%
8% Road freight
4%
Export Sea
13%
Freight (General
60% 26% Cargo) 60%
14% Export Air Australia
Freight (General 93% and New
Zealand
Cargo) 84%
40% 40%
23% (ANZ)
Export
Perishables (Air
48% and Sea)
20% 20%
Imports (Air
26%
and Sea)
0% 0%
1H2025 1H2024 1H2025 1H2024
----- End of picture text -----

8

1H25 | Key divisions are performing in line with company strategy and expectations

Import (Air and Sea)

• Significant investment drove a 192% revenue uplift vs 1H24, powered by inbound eCommerce and large account wins

• Asia-focused positioning and competitive edge positions Wiseway to capitalise on inbound import trends

Export Perishables (Air and Sea)

• A delayed season for key commodities may shift some revenue to 2H25 rather than being booked in 1H25

• • Wiseway continues strengthen market presence in perishables by winning new accounts

Export Air Freight (General Cargo)

• Air freight faces downward pressure on rates amid a softer China market (over the last 6 months)

• • Nevertheless, diversification into Southeast Asia is yielding new accounts and incremental volume growth

Export Sea Freight (General Cargo)

• Similar to Air Freight, some downwards pressure on freight rates and a softer China market

• • Some stability in the Sea Freight General Cargo market which has continued to diversify into new markets

• • Export Sea is a priority sales area for Wiseway with several accounts in the pipeline

Road Freight

• Wiseway’s Road Freight strategy is to focus on servicing its internal divisions, rather than competing directly for external business (where Wiseway will only service where it can offer competitive pricing to optimise internal loads)

Overseas

• USA has seen a 9x increase in revenue which can be attributed to successful integration of KWT along with the Company capitalising on inbound China to United States import freight

• Singapore continues to be stable and profitable while China has been converted into a support office

9

1H25 | Financially stable with a healthy balance sheet

Balance sheet	31 Dec 2024 ($M)	30 June 2024 ($M)	Change (%)
Cash and cash equivalents	11.8	8.3	42%
Trade and other receivables	28.4	14.5	96%
Other current assets	2.7	2.6	4%
Total current assets	42.9	25.4	69%
Fixed & non-current assets	42.7	38.4	11%
Total assets	85.6	63.8	34%
Trade and other liabilities	25.2	13.1	92%
Other current liabilities	1.9	10.2	-81%
Current debt	6.0	4.2	43%
Total current liabilities	33.1	27.5	20%
Loans and borrowings	31.8	17.2	85%
Other non-current liabilities Total Liabilities	0.1 65.0	0.1 44.8	0% 45%
Net assets	20.6	19.0	8%

Commentary:

• Healthy balance sheet , with a 42% increase in Cash and cash equivalents to $11.8 million to support strategic opportunities

• 96% increase in trade receivables and payables reflective of increased business activity and new accounts

• Future focus is on improving long term capital structure of Group through continued asset utilisation and debt reduction

• NAB Facility increased from $8m to $11m, secured by 9-11 Alfred Road Property which has a bank valuation of $18.6 million. Property carried at amortised cost on the balance sheet and does not reflect market value uplift.

10

Note: Numbers have been rounded.

Business overview

11

Business Overview | Wiseway’s presence and footprint

200+ 100+ employees Trucks and trailers 4 13 depots with cool room warehouses capabilities

11 cities 5 countries

13 warehouses

==> picture [572 x 109] intentionally omitted <==

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

Shipping to
100+
destinations
----- End of picture text -----

==> picture [256 x 540] intentionally omitted <==

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

12
----- End of picture text -----

Business Overview | Wiseway’s has six core business segments

Air Freight Sea Freight Perishables Imports Road & Overseas Exports Exports Warehousing

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

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

==> picture [27 x 28] intentionally omitted <==

==> picture [24 x 25] intentionally omitted <==

==> picture [20 x 22] intentionally omitted <==

==> picture [21 x 22] intentionally omitted <==

==> picture [20 x 22] intentionally omitted <==

==> picture [19 x 20] intentionally omitted <==

==> picture [19 x 20] intentionally omitted <==

==> picture [21 x 23] intentionally omitted <==

==> picture [32 x 33] intentionally omitted <==

==> picture [35 x 34] intentionally omitted <==

• • •

• Serving e- General food Fresh produce commerce commodities •

• platforms, Seasonal fruit •

• suppliers, and Australian produce • Seafood

• parcel • Food stuffs

• consolidators

  • Fresh produce

  • Meat

• Wine

• Shipping infant milk formula, honey, wine, vitamins, and health and skincare products

• Fresh milk and dairy

• • •

• General cargo Interstate and road United States (Los imports clearance transport business Angeles) and delivery

• •

• Servicing Singapore wholesalers, manufacturers and airlines

• E-commerce parcel imports and distribution

• 3PL warehousing (>50,000 SQM)

13

Business Overview | Wiseway has strong ties in the industry

01

Long-standing customer relationships

• A diverse portfolio of customers supported by Wiseway from start-up stage to business maturity, including distributors and parcel express companies

• Deep customer loyalty with high client retention rate

Global team capabilities

02

• Experienced leadership team, with continued involvement from the Company's founders and commitment to original vision of global growth

• A unique understanding of the cross-border e-commerce market and import/export regulation

03

Strategic industry partnerships

• Long-standing GSA and CSA relationships with major international airlines across the Asia Pacific region and globally

• Well-established business relationships with local road transportation partners across Wiseway’s global locations

==> picture [275 x 540] intentionally omitted <==

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

14
----- End of picture text -----

Outlook and priorities

Outlook and priorities | Wiseway ambition and focus for FY25

Ambition A leading logistics partner in the Asia Pacific region, providing excellent services and superior customer value to our partners

==> picture [875 x 128] intentionally omitted <==

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

1 2 3 4 5 6
Division Air freight Sea freight Road freight &
Perishables Imports Overseas
priorities export export warehouse
Invest to grow
Win Perishables Capture inbound Optimise Road
Maintain Air Sea, including Drive global
share via eCommerce & Warehouse, to
market share, transport and growth , including
----- End of picture text -----

		andpartneron new verticals		business development capabilities superor servce and airline capabilities	business development capabilities superor servce and airline capabilities	business development capabilities superor servce and airline capabilities		ren, eang n process efficiency e a proa value-added service	ren, eang n process efficiency e a proa value-added service			streamlining ANZ and growing USA
Enablers		Cost and process efficiency (overseas back-office, process automation, KPIs)				Expand digital capabilities (‘turnkey’ integrations, self-serve portal, E2E tracing) World-class Team delivering superior customer service Compliance and Safetymindset in all operations				M&A opportunities (opportunistic acquisitions / opportunities)

16

==> picture [960 x 192] intentionally omitted <==

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

Performance Outlook for FY25
----- End of picture text -----

FY25 results expected to have double-digits growth compared to previous years

Growth from Imports and the United States will continue especially as Wiseway leverages its market positioning in Asia to capitalise on inbound freight

Potential tailwinds into 2H25 as lobster exports into China continue to increase

Continued distribution of dividends to shareholders as positive results are realised, whilst ensuring ongoing reinvestment into the business

17

Disclaimer

This presentation contains summary information about Wiseway Group Limited (Wiseway) and its subsidiaries and their activities. The information in this presentation does not purport to be complete. It should be read in conjunction with Wiseway’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at https://www2.asx.com.au/

The information contained in this presentation is not investment or financial product advice and has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision, investors should consider the appropriateness of the information having regard to their own investment objectives, financial situation and needs and seek independent professional advice appropriate to their jurisdiction and circumstances.

To the maximum extent permitted by law, no responsibility for any loss arising in any way from anyone acting or refraining from acting as a result of this information is accepted by Wiseway, any of its related bodies corporate or its directors, officers, employees, professional advisers and agents (Related Parties). No representation or warranty, express or implied, is made by any person, including Wiseway and its Related Parties, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation.

An investment in Wiseway securities is subject to investment and other known and unknown risks, some of which are beyond the control of Wiseway or its directors. Wiseway does not guarantee any particular rate of return or the performance of Wiseway securities.

Past performance information given in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. This presentation contains certain forward ‐ looking statements with respect to the financial condition, results of operations and business of Wiseway and associated entities of Wiseway and certain plans and ‐ ‐ objectives of the management of Wiseway. Forward looking statements can be identified by the use of forward looking terminology, including, the terms “believes”, “estimates”, “anticipates”, ‐ “expects”, “predicts”, “intends”, “plans”, “goals”, “targets”, “aims”, “outlook”, “guidance”, “forecasts”, “may” or “will”, and similar expressions. These forward looking statements include all matters that are not historical facts. Such forward ‐ looking statements involve known and unknown risks, uncertainties and other factors which because of their nature may cause the actual results or ‐ performance of Wiseway to be materially different from the results or performance expressed or implied by such forward looking statements.

Such forward ‐ looking statements are based on numerous assumptions regarding Wiseway’s present and future business strategies and the political, regulatory and economic environment in which Wiseway will operate in the future, which may not be reasonable, and are not guarantees or predictions of future performance. No representation or warranty is made that any of these ‐ statements or forecasts (express or implied) will come to pass or that any forecast result will be achieved. Forward looking statements speak only as at the date of this presentation and to the maximum extent permitted by law, Wiseway and its Related Parties disclaim any obligation or undertaking to release any updates or revisions to information to reflect any change in any of the information contained in this presentation (including, any assumptions or expectations set out in this presentation).

All figures in this presentation are A$ unless stated otherwise and all market shares are estimates only. A number of figures, amounts, percentages, estimates, calculations of value and fractions are subject to the effect of rounding. Accordingly, the actual calculations of these figures may differ from figures set out in this presentation.

18

Contact us

Company/investor enquiries: investor.relations@wiseway.com.au Media/investor enquiries: media@wiseway.com.au