Ventia Services Group Limited logo

2025 AGM Addresses and Presentation

AGM21 May 2025VNTIndustrials

Ventia Services Group Limited
ABN 53 603 253 541


Level 8, 80 Pacific Highway

North Sydney NSW 2060

AUSTRALIA


ventia.com

ASX and NZX Release



22 May 2025


2025 Annual General Meeting

Ventia Services Group Limited (Ventia) is holding its Annual General Meeting (2025 AGM)

today at 10.00am Thursday 22 May 2025 (AEST).

Please find attached:

• Chairman’s address;

• Managing Director and Group Chief Executive Officer’s address; and

• Accompanying presentation slides.

As previously advised, we are relying on technology to facilitate shareholder engagement and

participation in the 2025 AGM.

Shareholders can view the 2025 AGM live, ask questions verbally or via a live text facility and

cast votes at the appropriate times while the 2025 AGM is in progress by accessing the online

meeting platform from a computer, tablet or smartphone by visiting

https://meetnow.global/MSLZS74

Shareholders will need to enter their SRN/HIN and postcode registered in their shareholding. If

you are an overseas Shareholder, please select the country of the registered holding from the

drop-down list. Appointed proxy holders will need to contact Computershare on +61 3 9415

4024 prior to the 2025 AGM to obtain login details.

Detailed instructions on how to join the 2025 AGM are set out in Ventia’s 2025 Online Meeting

Guide, which is available on Ventia’s website at https://www.ventia.com/investor-centre/annual-

general-meetings.

This announcement has been authorised for release by the Ventia Board.


For further information, please contact:


Investors Media

Chantal Travers Jay Pleass

General Manager Investor Relations General Manager Government and Public Affairs

chantal.travers@ventia.com jay.pleass@ventia.com

+61 428 822 375 +61 412 623 578



About Ventia

Ventia is a leading essential infrastructure services provider in Australia and New Zealand, proudly providing the services

that keeps infrastructure working for our communities. Ventia has access to a combined workforce of more than 35,000

people, operating in over 400 sites across Australia and New Zealand. With a strategy to redefine service excellence by

being client-focused, innovative and sustainable, Ventia operates across a broad range of industry segments, including

defence, social infrastructure, water, electricity and gas, resources, telecommunications and transport.





Ventia Services Group Limited

ABN 53 603 253 541


Level 8, 80 Pacific Highway

North Sydney NSW 2060

AUSTRALIA


ventia.com


22 May 2025


Chairman’s address


Good morning, I’m David Moffatt, Chairman of Ventia Services Group Limited, and I’d like to

welcome you to our Annual General Meeting.


Before we begin, I’d like to respectfully acknowledge the Traditional Custodians of country. We

pay our respects to them, their cultures and to their Elders past and present.


I speak today from Ventia’s office in Cremorne, in the City of Yarra in Melbourne which stands

on the traditional lands of the Wurundjeri people of the Woiwurrung language group.


I also want to take the opportunity to recognise and celebrate the culture of New Zealand, where

our teams respect and engage with local iwi and communities across the country, every day.


Before I go into further detail on our business performance, I want to address an important

governance matter.


In December 2024 the Australian Competition Consumer Commission (ACCC) commenced civil

proceedings against Ventia in the Federal Court.


This matter is being taken very seriously by the Ventia Board and Management team. Based on

the information we currently have, we plan to defend these claims and do not believe there has

been any misconduct by Ventia or its employees.


Our conduct and associated governance are critical to our success. Ventia is committed to

ethical business practices and seeks to uphold the highest standards of governance and risk

management at all times.


2024 was another year of solid financial and operational performance for Ventia.


Ventia has significant scale. Our workforce consists of over 35,000 people working across 400

worksites in Australia and New Zealand.

Over 40% of our employees operate in regional or rural areas.


Through implementing our purpose to make infrastructure work, and our strategy to Redefine

Service Excellence, we have gained great momentum in 2024.


The collective efforts of our workforce saw us achieve our highest contract renewal rate of 92%

across our business.

Now on to performance. In 2024 we achieved higher earnings, cash flow and a steady margin.

As these graphs illustrate, since our initial listing in 2021, we have demonstrated consistent

financial growth.


Our total group revenue has increased by 34% over this time and EDITDA has risen by 31%.

Our EBITDA margin has stayed steady at 8.2%, which demonstrates the resilience of our

business performance.


NPATA has grown by an impressive 55% since 2021 and increased by over 12.8% over the last

12 months.


Our business operates in an expanding market with strong tailwinds.


According to Oxford Economics Australia, our addressable market is expected to rise from

$83.4 billion in FY24 to $100.4 billion by FY28 at a compound annual growth rate (CAGR) of

more than 6.4%.


We have a lot of room to grow our organic market share, which is currently about $6 billion in an

$83 billion market.


Some market trends supporting our growth include Australia's large and growing asset base,

which is expanding through public and private sector investments in infrastructure.


As Australia and New Zealand’s population grows, new infrastructure projects are becoming

more and more necessary as cities and regional centres expand.


The energy transition is also a long-run driver of our market. Significant investment in energy

infrastructure is creating more work for Ventia, especially across solar, wind, geothermal, and

hydropower.


And the substantial shift in digital infrastructure and demand for connectivity is supporting

growth of our Telecommunications business.


Ventia is fundamentally a people business, and we are committed to fostering a fair, inclusive

and respectful workplace.


In 2024 we achieved our HESTA 40:40 objectives on our Executive Leadership team which

reached 50% female participation and 43% women participation on our Board, both up from the

previous year.


Across our business our female participation is 31%, so we still have some way to go to reach

our target of 40%.


In 2024, we launched our Women’s Participation Action plan which includes actions to help us

develop, retain and attract women across our workforce to help us collectively reach our

targets.


We are committed to developing future leaders. This year our award-winning graduate program

placed 38

th

in the Australian Financial Review’s Top 100 Graduate Employers list for 2024.


And we are proud to again be recognised as a 2024-2025 Inclusive Employer by the Diversity

Council of Australia.

To attract future employees and create a genuinely data-driven organisation we are focused on
enhancing our data capabilities and digital systems.


To do this we are modernising and innovating our systems to become more competitive,

resilient, and adaptable in a rapidly changing digital environment.


In 2024, Ventia introduced its Responsible AI framework to offer a vision for safely and ethically

delivering AI-driven insights. We have created and evaluated several Ventia AI technologies in

this regard. Among these is a Gen-AI tool that makes our bid process more streamlined and

efficient.


We have also continued to strengthen Ventia's Cyber Security including developing strong ties

with the Australian Government and relevant industry partners on cyber security to best protect

both Ventia and our customers.


Now to our work on sustainability. As a leading essential services provider, it is our

responsibility to set the standard on sustainability.


Our Climate Transition Action Plan, which you can see on the slide, sets out our activities to

reach our target emission milestones and achieve our Science Based targets by 2030.


Since 2021, we have reduced our Scope 1 and 2 emissions by 21.3% and by 2030 we want to

reduce these by 42%.


To achieve our goals, we will continue to transition our fleet to electric and hybrid vehicles,

utilise more Green Power, solar and renewable energy and switch to lower-carbon goods and

services as they become available.


However, achieving material reductions in our Scope 3 emissions is the most challenging for

our emissions outlook. We will approach this challenge by bringing best practice, ideas and

innovation to our supply chain and our customers seeking year on year improvements.


Our strategy and capital allocation framework have delivered consistent and growing returns for

shareholders.


We again declared a dividend of 75% of our NPATA to shareholders for the 2024 year, which

amounted to a total dividend of 19.98 cents, an increase of 12.8%.


Our balance sheet is in a strong position to support both near and longer-term growth

opportunities.


At our full year results, we announced that the Board and management team determined a

$100 million on-market buy-back in 2025 as the most efficient strategy to distribute excess

capital to investors. I am pleased to report that this is successfully underway and is now more

than two thirds complete.


Finally, I want to thank our shareholders, our customers, the communities we serve, and the

whole Ventia team on behalf of the Board. Thank you.

CEO Address

I am Dean Banks, proud and privileged to be Managing Director and Group CEO of Ventia.


2024 was a successful year for Ventia, demonstrated by strong financial performance and

operational outcomes.


Our revenue increased by 7.6% to $6.1 billion, EBITDA rose by 7.3% to $499 million, and our

margin remained stable at 8.2%.


NPATA increased by 12.8% to $228 million, yielding an outcome just above our guidance.


Our cash conversion rate increased to 91.4%.


Our balance sheet is strong, and we continue to diligently apply our capital to aid our growth

ambition.


Now let’s take a look at the performance of each of our sectors.


Our Defence and Social Infrastructure business delivered 42% of total group revenue, achieving

top-line growth of 9% year on year, with key contract renewals announced for Homes NSW and

Defence Firefighting Services.


Infrastructure Services made up 22% of total group revenue, increasing by 0.8% to $1.3 billion.

This increase is a consequence of stronger work volumes in our Energy, Water and

Renewables business, which was offset by revenue reduction in our Resources & Industrial

Services business.


Our Telecommunications business accounted for 26% of group revenue, rising 15% annually to

$1.6 billion with core carrier operations, alongside increased revenue in Defence and Space

adjacencies, driving significant growth in revenue. The Telecommunications team also secured

new long-term contract awards with Telstra and NBN Co.


Our Transport sector is our smallest sector accounting for 10% of group revenue. The sector

enjoyed growth from Transurban Queensland and Smart Motorways, offset by operational and

contract award delays. I would also like to reiterate the strong pipeline of work won but not yet

commenced, for Northeast Link, Western Harbor Tunnel and Torrens to Darlington all

scheduled to deliver revenue post construction.


Our Work in Hand grew an impressive 6.7% in 2024, to $19.4 billion, our highest level since

listing.


I’ll touch on a few significant contract wins:


We received a $564 million Firefighting contract from Defence in August with extension options

potentially offering contract tenure through to 2030.


In August, we also secured a 10-year contract with Southeast Queensland Water, valued at

$220 million, to provide asset lifecycle services for the Gold Coast’s water networks.


In December we were awarded a $2 billion 5-year contract with Telstra which covers the

design, construction and maintenance of Telstra’s digital infrastructure. This contract tenure

illustrates our solid strategic partnership with Telstra which has spanned over 30 years.

In 2024 we renewed or signed new contracts totaling more than $5.4 billion.

Our strategy to Redefine Service Excellence is critical to our success. It drives our business

culture and clearly sets out the standards we strive to achieve across our organisation.


Our emphasis on being customer-focused, innovative and sustainable produces measurable

and beneficial results for the communities and customers we serve. A great example of the trust

placed in Ventia by our customers is our contract renewal rate, which hit 92% in 2024.


Last year we introduced a pilot “voice of the customer” survey, in which we received more than

90 survey responses from 60 of our most important customers.


Earlier this year we built on that successful pilot, launching our customer survey on an

enterprise-wide basis to further capture, promote and respond to the “voice of our customers”. I

will provide further analysis from this customer survey in our forthcoming half-year results

presentation.


As discussed, customer focus is the first pillar of our strategy and our recent contract award

from nbn brings to life the importance we place on building long-term strategic partnerships.


We have been a strategic partner to nbn for 15 years and earlier this year we signed a new five-

year $2.1bn contract. This new agreement sees Ventia providing maintenance and customer

activation services across the nbn fixed line network including all of Queensland, New South

Wales, ACT and Tasmania supporting nbn’s field evolution strategy, commencing around

September 2025.


This contract award is in addition to three separate nbn On-Demand contracts we signed in

2024, which encompass the installation of new nbn broadband infrastructure.


Securing these contracts demonstrates our ability to meet the evolving needs of nbn.


Innovation is the second pillar of our strategy and plays a significant role across our business.

Earlier this year, we unveiled our new, forward-thinking innovation platform called VenSpark.


The ideas platform is powered by AI and is a simple and scalable way of unlocking employee

ideas across our organisation.


This new platform enables us to better engage our workforce and promote best practice

ideas.


The platform has only just been launched, so it is still early days. That said, we are excited

about the potential this systemised approach can contribute to continuous improvement, and I

look forward to updating you on some of the ideas that emerge.


Now, our final strategic pillar: sustainability.


I’d like to highlight one of our environmental initiatives aimed at helping our customers to meet

their sustainability objectives.


Ventia has been actively engaged in the remediation of PFAS for more than a decade. The

objective of our remedial works is to help our customers restore the environmental values of

soil, sediment, surface water and groundwater.


Ventia has remediated over 350,000 tonnes of PFAS contaminated soil and over 300 million

litres or 120 Olympic-sized swimming pools of PFAS contaminated water.

The remediation of PFAS is a challenging and complex problem, Ventia is one of a limited
number of providers offering this service in Australia.


This is a great example of how Ventia differentiates itself by bringing skills and expertise to

address our customers’ needs. This expertise helps us demonstrate our points of difference

when we bid for new work.


Looking ahead, we remain committed to delivering long-term value for our shareholders.


We continue to see tailwinds across our addressable market. Our growing pipeline of work in

hand, strong renewal rate and strategy to Redefine Service Excellence are key metrics of our

value proposition.


Our diversified portfolio continues to deliver stable and growing financial outcomes including

exceptionally strong cash conversion.


Given this positive outlook, I reaffirm our 2025 guidance range for NPATA growth of 7 to 10%.


Finally, I would like to offer my sincere appreciation to everyone who helps contribute to

Ventia’s success - our Board, employees, sub-contractors, suppliers, customers and

shareholders. Thank you.



Annual General
Meeting 2025

Pictured: Members of our energy networks team, Rocklea, Qld

Acknowledgement
of Country and Mihi

Ventia would like to respectfully

acknowledge the Traditional

Custodians of country throughout

Australia and their connection to land,

sea and community. We pay our

respect to them, their cultures and to

their Elders past andpresent.

Pictured: Young man from Wesley College’s Moorditj Mob Program

performs a dance ceremony at the Western Power contract launch

He tautoko te ahurea i ngā kawa me

ngā tikanga o ngā Iwi whānui o

Aotearoa, me ka kawa me ka tikaka o

ka Iwi whānui o Te Waipounamu. We

recognise and celebrate the culture of

manawhenua in Aotearoa and Te

Waipounamu where our teams respect

local Iwi and communities across the

country.

Ventia | AGM2025

2

Virtual AGM
If you require assistance prior to or during the

meeting, call Computershare on +61 3 9415 4024

3

Procedural

items

Ventia | AGM2025

3

Preparation
of our workforce

and customers

Pictured: Ventia’s incident response team during Cyclone Alfred in Qld

Safety is Ventia’s licence to operate

Mobilisation

of emergency

staff and logistics

Safety is our

highest priority

no serious injuries

Ventia | AGM2025

4

Ventia's

response to

Cyclone Alfred

Our Board of Directors
David Moffatt

Chairman

Dean Banks

Managing Director

and Group CEO

Anne Urlwin ONZM

Independent

Non-Executive Director

Jeff Forbes

Independent

Non-Executive Director

Damon Rees PSM

Independent

Non-Executive Director

Sibylle Krieger

Independent

Non-Executive Director

Lynne Saint

Independent

Non-Executive Director

Ventia | AGM2025

5

6
Chairman’s

address

Pictured: SK Array Observatory telescope site in Murchison, WA

Ventia | AGM2025

6

40%+
of our people work

in regional and rural areas

400+

Project sites throughout

Australia and New Zealand

35,000+

Workforce of employees

and subcontractors

A broad range of industry segments:

Defence and Social Infrastructure

Defence / Social Infrastructure /

Critical Infrastructure /

Local Government /

Housing and Community / Energy Solutions

Infrastructure Services

Resources, Environmental Services and

Industrial assets/

Energy, Water and Renewables /

Rig and Well Service

Telecommunications

Fixed Networks /

Wireless and Special Coverage Solutions /

Operations and Services /

Telecommunications New Zealand

Transport

Transport Operations Australia /

Transport Operations New Zealand /

Transport Infrastructure Solutions

Ventia | AGM2025

A leading essential services provider

7

Ventia | AGM2025
Steady track record of financial performance since FY21

4,557.4

5,167.5

5,676.4

6,105.5

FY21FY22FY23FY24

Total Revenue ($m)

34%

up since FY21

FY21FY22FY23FY24

379.9

419.8

465.2

499.3

31%

up since FY21

EBITDA ($m)

146.8

179.6

202.1

227.9

FY21FY22FY23FY24

NPATA ($m)

55%

up since FY21

8

Market
Growth

Opportunities

Market Trends:

oLarge and growing asset base

oPopulation growth

oEnergy transition and climate change

oOutsourcing rates

oTechnology and automation

6.4%

Compound Annual

Growth Rate (CAGR)

$83.4bn FY24 – $100.4bnFY28

Pictured: Ventia delivers Transmission and Distribution services at Danseys Pass, South Island, NZ

Ventia | AGM2025

9

Pictured: Ventia employee at a Telstra Intercity Fibre project near ACT, NSW
People are

at the heart

of our success

50%

female participation

on our Executive

Leadership Team

Inclusive

Employer

2024-2025 Diversity Council of

Australia Employer

Ventia | AGM2025

38

th


Australian Financial

Review’s Top 100 Graduate

list for 2024

10

Ventia | AGM2025
Digital

shaping our

future

Modernise our

systems

Enhance our data

capabilities

Continue

investment in

cyber security

AI and

Innovation

11

Pictured: Ventia iscommitted to creatinga data-driven organisation

Ventia’s Climate Transition Action Plan
Pathway to Net Zero

Footnotes:

1.OureconomicintensityGEVAisameasureofgreenhousegasemissionswherevalueaddedisequaltooperatingprofit,namelyEBITDA+allpersonnelcosts.

2.Marketbasedemissions.

3.In respect of our Scope 3 emissions, we are highly reliant on the ability of our suppliers to set and achieve emissions reduction targets, which in turn are subject

to dependencies that are outside of Ventia’s control.

Graphicisforillustrativepurposesonlyandmaynotaccuratelyrepresentemissionsrateofreduction.

SO FAR WE HAVE:

2021

2025

2030

BY 2030 WE TARGET:

Achieved a

21.3%

Absolute reduction in Scope 1 & 2

SBTi-validated 2030 and 2050 targets

51%

Intensity

1

reduction in Scope 3

42%

Absolute reduction in Scope 1&2

Scope 3 emissions

Goal of 100% absolute

reduction in scope 2

emissions by 2028

2

12

Ventia | AGM2025
Delivering

returns for our

shareholders

19.98¢

total dividend for

FY24

12.8%

increasein total

dividend onFY23

75%

payout of NPATA


$100m

on-market buyback

underway

Pictured: Aerial view of Ventia’s office in Cremorne, Melbourne

13

CEO’s
address

14

Ventia | AGM2025

Financial Results
FY24

Pictured: Telecommunications monopole, Brisbane, Qld

$6,105.5m

Total Revenue

▲ Increase of 7.6% on FY23

$499.3m

EBITDA

▲ increase of 7.3% on FY23

$227.9m

NPATA

▲ increase of 12.8% on FY23

91.4%

Operating cash flow conversion

▲increase of 2.6ppt on FY23

15

Ventia | AGM2025

Strong sector
performance FY24

Pictured: Ventia employee working on night work site in NSW

Ventia | AGM2025

16

$2.6b

Revenue

▲ increase of 9.4% on FY23

$1.3b

Revenue

▲ increase of 0.8% on FY23

$1.6b

Revenue

▲ increase of 14.6% on FY23

$632.4m

Revenue

decrease of 0.7% on FY23

Defence & Social

Infrastructure

Infrastructure

Services

Telecommunications

Transport

Significant
new contracts

awarded

Australian Defence

Force – Firefighting

contract

$564 million revenue

6-year term

Telstra – Strategic

Field Maintenance

contract

$2 billion revenue

5-year term

Pictured: Members of Ventia’s Firefighting and Rescue team, Oakey, Qld

$19.4b

Work in Hand

▲increase of 6.7% on FY23

Ventia | AGM2025

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Redefining
Service

Excellence

We differentiate ourselves by being

customer focused, innovative and

sustainable. This is our blueprint for

success, brought to life by the pride

and passion of our people.

Ventia | AGM2025

18

Pictured: Ventia employee working on an NBN contract in NSW
Ventia | AGM2025

Customer

Focused

Securing the NBN

Field Module contract

Maintenance and customer activation

services across the nbn® fixed line network

~$2.1b

total revenue

5-year

contract, with

2+1 year options

15-year

partnership

19

Innovation
New platform

launch

Cross-sector

collaboration

to drive continuous

improvement

Ideas

platform

powered by AI

Simple and

scalable

to unlockemployee

ideas

Ventia | AGM2025

20

Pictured: Ventia working at a PFAS remediation site
Sustainable

PFAS remediation

across our

workforce

10 PFAS

remediation

projects since

2020

350k+ tonnes

of PFAS

contaminated soil

remediated

300+ million

litres of PFAS

contaminated

water treated

Ventia | AGM2025

21

V E N T I A | 2 0 2 4
Pictured

21

Positive outlook for FY25

Delivering on

expectations

Realising sustainable

growth

Creating value

for shareholders

FY25 guidance – NPATA growth of 7-10%

(excluding the one-off positive impact of the Toowoomba transaction)

Pictured: Rig delivering well services in Surat Basin, Qld

Ventia | AGM2025

22

Items of
business

Pictured: Ventia Telco technicians perform work on the nbn® fixed line network in Brisbane, Qld

23

Ventia | AGM2025

Ventia | AGM2025
Direct and proxy votes

Total number of ASX-listed Ventia shares is 838,728,718

Ventia Services

Group Limited

Valid votes

received

For%Against%Abstain

Resolution 2

Adoption of 2024

Remuneration Report

591,398,640573,111,094

96.91%

17,680,769

2.98%2,245,189

Resolution 3

Election of Director -

David Moffatt

600,500,240557,739,216

92.88%

42,159,247

7.02%10,967,428

Resolution 4

Grant of Securities to the

Managing Director and

Group Chief Executive

Officer under Ventia’s

Long-Term Incentive

Plan

602,570,124501,748,454

83.25%

100,214,893

16.64%1,397,544

24

Ventia | AGM2025
Resolution 1: 2024 Annual Report

To receive and consider the Financial Report,

the Directors’ Report and the Auditor’s Report

for the financial year ended 31 December 2024.

There is no vote on this item.

25

To consider and, if thought fit,
to pass the following resolution

as a non-binding ordinary

resolution:

To adopt the 2024

Remuneration Report for the

financial year ended 31

December 2024.

25

Resolution 2: Adoption of the 2024 Remuneration Report

Sibylle Krieger, Chair of the People and

Remuneration Committee, Ventia

Ventia | AGM2025

26

Performance categoryPerformance periodWeightFY25 Target
Work in hand

Tested as of 31 December 2025

33.33%

Disclosed in

retrospect in FY25

Remuneration Report

Cash conversion ratio

Three years preceding the grant year

(1 January 2023 to 31 December 2025)

33.33%92.5%

EPS CAGR

Three years preceding the grant year

(31 December 2022 to 31 December 2025)

33.33%9.5%

TOTAL100%

FY25 LTI Grant

Metrics

Overview of LTI

Ventia | AGM2025

Delivering the LTI in 2025

27

Ventia | AGM2025
Resolution 3: Election ofDirectors

To consider and, if thought fit,

pass the following resolution as

an ordinary resolution:

That David Moffatt, who retires

in accordance with Rule 8.1 of

the Company’s Constitution

and, being eligible, be re-

elected as a Director of the

Company.

28

David Moffatt, Chairman, Ventia

To consider and, if thought fit, to pass
the following resolution as a non-

binding ordinary resolution:

That approval is given, for the purposes

of ASX Listing Rule 10.14 and for all

other purposes, for the Company to

grant to the Managing Director and

Group Chief Executive Officer, Dean

Banks, Share Appreciation Rights

pursuant to Ventia’s Long-Term

Incentive Plan on the terms outlined in

the Explanatory Notes.

29

Resolution 4: Grant of securities to the Managing Director and Group Chief

Executive Officer under Ventia’s Long Term Incentive Plan

Pictured: Members of our Resources and Industrial team on site in Perth, WA

Ventia | AGM2025

Questions?
30

Ventia | AGM2025

Thank you
31

33
Appendix:)FY24 LTI Outcomes

Ventia | AGM2025

Measure


FY24

Target Weighting

Performance

against measure

Weighted

outcome Comments

Work in hand ($m) 20,908 33.3% 16.7%

Work in hand performance was between

threshold and target.

Pro forma cash

conversion ratio (%)

92.5% 33.3% 22.0%

Pro forma cash conversion ratio performance

was between threshold and target.

EPS CAGR (%) 7.5% 33.3% 33.3%

EPS CAGR performance exceeded the

maximum LTI target

OUTCOME


100%


72.1%

of maximum


Threshold Maximum Target

Threshold Maximum Target

Threshold Maximum Target

33
This presentation is in summary form and is not

necessarily complete. It should be read together with

the Company’s Full Year Report 2024 lodged with the

ASX on 19 February 2025.

This presentation contains information that is based on projected and/or estimated expectations,

assumptions or outcomes. While these forward-looking statements reflect Ventia’s expectations as at

the date of this presentation, they are not guarantees or predictions of future performance or

statements of fact. These statements involve known and unknown risks and uncertainties, which are

beyond the control of Ventia. Many factors could cause outcomes to differ, possibly materially, from

those expressed in the forward-looking statements.

While Ventia has prepared this information based on its current knowledge and understanding and in

good faith, there are risks and uncertainties involved which could cause results to differ from

projections. Subject to disclosure obligations under the applicable law and ASX listing rules, Ventia:

•makes no representation, assurance or guarantee as to the correctness and/or accuracy of the

information, nor any differences between the information provided and actual outcomes, and

reserves the right to change its projections from time to time; and

•undertakes no obligation to update any forward-looking statement to reflect events or

circumstances after the date of this presentation.

This document is not intended to be relied upon as advice to investors or potential investors and does

not take into account the investment objectives, financial situation or needs of any particular investor.

Disclaimer

Pictured: Member of our Rig and Well Services team at our workshop in Withcott, Qld

32

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.