Scott Unveils Strategy and Delivers FY25 Trading Update

Scott Technology Reveals Long-Term Strategy and FY25 Trading
Update at Investor Day
Auckland, NZ [11 Sep 2025] – Scott Technology (NZX: SCT) will unveil its five-year strategy, Destination 2030, at
its inaugural Investor Day, Scott ID25, hosted in Auckland CBD later this morning. The strategy sets out the
company’s plan for sustainable profitable growth, targeting $530 million in revenue by 2030 (up from $276
million reported in FY24).
“Destination 2030 represents more than a strategic plan, it’s a shift in how Scott is going to present itself to the
world,” said Mike Christman, CEO of Scott Technology. “We’re evolving from an engineering company mindset to
a customer-first mindset. A globally aligned business that grows through deep customer partnerships, focused
innovation, and operational discipline. With a sharpened structure and a clear direction, we’re building a Scott
that will be an industry leader for decades to come.”
“Scott has come a long way from its origins in Dunedin over 110 years ago,” said Stuart McLauchlan, Chairman
of Scott Technology. “With a growing global footprint and an expanding investor base, today marks a new
chapter, one of deeper, more direct engagement with capital markets and a sharper strategic focus. The Board is
fully aligned and confident in the direction we’re taking.”
Trading Update
Scott Technology expects to report record EBITDA for FY25 within the range of $30.5m to $31.5m, with both
operating and reported EBITDA forecast to be up on the prior year (FY24 operating EBITDA was $30.2m and
reported EBITDA was $26.4m). The result reflects a strong second-half performance across the business and a
strategic focus on higher margin contracts. FY25 revenue is anticipated to be in the range of $270m to $275m,
compared to $276 million in FY24. With revenue down 14% at the half-year, this near-full recovery highlights the
momentum built in H2.
Recent contract wins across the Scott Domains include:
• Materials Handling & Logistics: Multiple palletising projects with Agristo and Lutosa totaling +NZ$19m
• Protein: Contract win to install an existing LEAP Primal for Dawn Meats in UK – Protein Domain’s first
UK install

ENDS
For investor enquiries please contact:

Mike Christman
Chief Executive Officer

E: mike.christman@scottautomation.be

For media enquiries please contact:

Eugene Afanasy
Communications Manager
T: +64 21 0852 4832
E: e.afanasy@scottautomation.be

About Scott
Scott delivers smart automation and robotic solutions that transform industries by making businesses safer, more
productive, and more efficient. Our diverse capability makes us the first choice for hundreds of the world’s
leading brands. With design and build operations across Australasia, China, Europe, and America and over 100
years of engineering excellence, Scott is the global expert in automation.

---

SCOTT TECHNOLOGY LIMITED
11 September 2025
ID25

Scott Technology Limited: ID25 | 2
WELCOME
Stuart McLauchlan
Chairman & Independent Director

Scott Technology Limited: ID25 | 3
Anthony Wesney
Director of Transformation
Hayley Hindmarsh
General Manager - People
Our Executive team
Mike Christman
Chief Executive Officer
Mark O’Malley
Chief Financial Officer
Aaron Vanwalleghem
President of MHL
Mark Host
President of Protein
Werner Conradie
President of Mining
Andrew Arnold
Director of Innovation
Damian Lucas
General Manager – Australia,
Director of Lifecycle Services
Cathy Zhang
Regional Director - China

Scott Technology Limited: ID25 | 4

Scott Technology Limited: ID25 | 5
COMPANY
OVERVIEW
Mike Christman
Chief Executive Officer

Scott Technology Limited: ID25 | 6
Morethan110yearsofengineeringexcellence
Australia & New Zealand
Protein, Processing, BladeStop,
Mining (Rocklabs), & Appliances
Centres of excellence
Asia
Manufacturing support for Protein,
Appliances & Rocklabs
Centres of excellence
Europe
End of line logistics
/ Palletization
Centres of excellence
North America
Automated Guided
Vehicles (MHL)
Centres of excellence
1913
2013
2018
2018
(est. 1962)
(est. 1980)
630
Scott
Employees
10
Countries
of Operation
Customer
Countries
Represented
350+
Customers
supported
last year
30+
Global
Agents /
Distributors
45
2008 Rocklabs, 2016 MAR & BladeStop, 2015 JBS Partnership

Scott Technology Limited: ID25 | 7
A global leader in automation with deep domain expertise
Getting our customers
products to the table fast.
Exacting cuts.
Exceptional returns.
Taking the guesswork
out of Mining.
Processing solutions for Global
Lamb, Beef and Poultry
producers.
Providing accurate sample
preparation equipment and certified
reference materials for mining
companies and commercial labs.
Complete end-of-line logistics and
materials handling solutions for
manufacturing and warehousing.
Automated palletizing and robotic
systems for internal logistics of
secondary packaging such as trays,
cartons, crates and pallets
Automated technology for sample
preparation and field automation. Supplier
of crushers, pulverisers, splitters and
reference materials for use in analysis.
Automated and robotic technology for meat
processing, including BladeStop bandsaw
safety technology, poultry trussing and
imaging analysis for carcass grading.
Fully automated production lines and
standalone equipment units, cater to
the needs and flexibility of modern
appliance manufacturing.
Delivering high quality automated
assembly and manufacturing systems
for major global appliance
manufacturers.
Keeping up with consumers
demand for whiteware.
Appliances
Mining
Materials HandlingProtein

Scott Technology Limited: ID25 | 8
Composition of our business
46%
18%
22%
13%
Revenue$36m
Net margin$11m
Net margin %29%
FY24 Revenue Composition
Revenue$127m
Net margin$28m
Net margin %22%
Revenue$49m
Net margin$17m
Net margin %36%
Revenue$60m
Net margin$17m
Net margin %28%
Appliances
Mining
Materials HandlingProtein
Note: revenue composition in FY24 also includes 1% for “Other” which was legacy businesses, All currencies are in NZD unless otherwise specified.
Net Margin is calculated as revenue less direct and indirect cost of goods sold

Scott Technology Limited: ID25 | 9
Who we serve
Key Customer Partnerships
Appliances
Mining
Materials HandlingProtein

Scott Technology Limited: ID25 | 10
Impressions from the CEO
•Market leading technology with a truly global opportunity
•Highly skilled and passionate people
•Margin expansion and modular approach provide positive
momentum
•R&D has been project-to-project rather than a strategically
integrated roadmap
•Sales have plateaued, an issue that we need to
structurally address
•Clear need to deepen customer proximity through key
account management

Scott Technology Limited: ID25 | 11
STRATEGY
REFRESH
Destination 2030
Mike Christman
Chief Executive Officer

Scott Technology Limited: ID25 | 12
Destination 2030: Driven by purpose, guided by vision
Our vision is to be the trusted partner that puts
our customers first - by delivering safe, sustainable,
leading-edge solutions that create value - fostering
lasting partnerships that drive innovation and success.
Destination 2030
Powering our
customers and
industry with
transformative
solutions & services

Scott Technology Limited: ID25 | 13
Destination 2030
Destination 2030: Customer led purpose
Our strategy starts with our customers
Powering our
customers and
industry with
transformative
solutions & services

Scott Technology Limited: ID25 | 14
Destination 2030
Destination 2030: Driving sustainable, profitable growth
Powering our
customers and
industry with
transformative
solutions & services

Scott Technology Limited: ID25 | 15
Destination 2030
Destination 2030: Delivering sustainable, profitable growth
To be the trusted
partner that puts
our customers first
fostering lasting
partnerships that
drive innovation
and success.
PURPOSEVISION

Scott Technology Limited: ID25 | 16
Destination 2030: Market Understanding
We need to understand our domain markets:
•Identify best value chain opportunities
•Be explicit about “forge vs. follow” choices
•Align resources to the right domains and life cycle services
•Build a market-sensing discipline to keep our view current
Inconsistent market insights are creating challenges
in identifying value chain opportunities and
directing resources as effective as we can be.
Problem Statement
Solution

Scott Technology Limited: ID25 | 17
Destination 2030: Enabled Team
Problem Statement
Solution
Enable our teams to become connected with our customers:
•“One Scott” infrastructure: shared systems for knowledge and
workflows
•Full-service anchored by key accounts and lifecycle support
•Invest in skills, coaching and incentives tied to customer outcomes
•Share expertise across domains and geographies
•Requires culture change
An emphasis on engineering has limited the
strength of our customer connection
Key
Development
Account
Opportunistic
Account
Key
Account
Tactical
Account
Current Value
Strategic Importance

Scott Technology Limited: ID25 | 18
Problem Statement
Solution
Destination 2030: Trusted Relationships
Build relationships at all levels and trust in the Scott Brand:
•Build customers touch points across all areas of our business
•Co-discover pain points and be integrated into customers’ processes
•Shifting from transactional sales to long-term shared outcomes
•Joint capital plans to expand forward work
We maintained vendor status instead of
partner status with key accounts
Executive Board
& Domain Managers
Key Department Leaders
R&D
Operations
Service
IT
Sales & Operations
CEO, COO, CFO
Customer Leadership Team
Development
Delivery
Operations/Maintenance
IT
Procurement
Bi – Directional Communication Channel
Strategic

Tactical

Operational

Scott Technology Limited: ID25 | 19
Problem Statement
Solution
Destination 2030: Innovation
Innovation focused on customer and market outcomes:
•Cultural change from engineering company to customer focus
•Align innovation with customer goals
•Use expertise across domains and geographies
•Adopt a modular platform mindset across the group
•Flexibly of offering and innovation
Innovation was problem led,
not outcome led
Call out that we haven’t talked
about products until now.
This is a mindshift change
towards leading with customer
first away from product first.
Visual expertise in Dunedin
could be shared with another
division

Scott Technology Limited: ID25 | 20
Destination 2030
Destination 2030: Continuous improvement
•
We are at the start of
the journey
•
Mind set change is significant
and it is incredibly hard to do
Continuous improvement
will need to become core
to everything we do.
•
Every time around the fly
wheel we become stronger.
•
Domains and Markets will
move at difference speeds

Scott Technology Limited: ID25 | 21
PROTEIN
Mark Host
President– Global Protein

Scott Technology Limited: ID25 | 22
Protein domain overview
We automate meat processing steps with precision robotics, focusing on safety, yield, and labour efficiency.

Scott Technology Limited: ID25 | 23
Protein domain overview
Scott is a global leader in meat processing systems which improve quality, yield, and efficiency, while increasing safety
120
Scott
Employees
Selected Key Customers
$60m
FY24
Revenue
50%
Service as a %
of Revenue
22%
Protein as a % of
Group Revenue
New Zealand
based Centre
of Excellence
Sales across
Australasia, North
America, Europe
& ROW
28%
Net
Margin
•Scott’s solutions address opportunities across the protein value chain
•Our customers are truly global multinational protein providers
•Scott has world leading innovative solutions:
•BladeStop: world’s fastest stopping bandsaw: <10 milliseconds
•World’s first automated robotic poultry trussing
•Leading Lamb Processing Solutions

Scott Technology Limited: ID25 | 24
BeefLambPoultry
Our protein products and solutions
Scott’s core protein solution portfolio is highly differentiated, with BladeStop and the Poultry Trusser outperforming
competitors, and automated poultry/lamb/beef products facing no direct competition
●BladeStop is the safest bandsaw
on the market
●Direct global presence in all key
major markets along with strong
distributor network
●Patented first-of-kind technology
with no direct competitor
●Improves labour savings and
employee well being
●The only commercial automated
lamb boning system.
●Minimal competitors exist for
standalone modules
●No current competing automatic
beef solutions due to the high
technical complexity
●Leveraging existing IP and
partnering with industry players
In development with phased
module release

Scott Technology Limited: ID25 | 25
Protein processing value chain
We automate complex meat
processing steps with precision
robotics, focusing on safety,
yield, and labour efficiency.
Packaging
Secondary
processing
Livestock
Primary
processing
•Slaughter
•Hiding / Hairing /
head removal
•Evisceration
•Sanitation
•Chilling
Point
of sale
•Inspection
•Cutting / deboning
/ trussing
•Portioning
Transport
Handling
& Logistics
Scott Protein Sector

Scott Technology Limited: ID25 | 26
Where our protein products are used
Solutions in development




Lamb
Beef
Poultry
Scott’s products solutions cover a range of primary and secondary processing, with some key areas in development
Current solution

Hiding /
Hairing / head
removal
Evisceration
SanitationChilling
InspectionCutting / deboning / trussingPortioning

Secondary processingPrimary processing

Scott Technology Limited: ID25 | 27

Scott Technology Limited: ID25 | 28
Automated Lamb Processing – Scott Leap Dexa & Primal System
•Scott’s Automated Boning Room is designed to optimise yield, maintain product
quality, minimise waste, increase food safety and reduce operational costs
•The automated boning room is a fully automated system for processing “bone-in”
meat products and is able to process carcasses at a rate of 10 per minute
•The automated boning room consists of four individual machines which are
seamlessly integrated to transfer product from one machine to the next
•The Automated Boning Room begins with X-Ray Grading before processing
•The carcass is separated into the three primal sections - forequarter, middle and
hindquarter.
2009
First system install
20+
Scott automated
boning rooms
installed
Processing
up to 600
carcasses per hour
$8-$10
Yield and efficiency
benefits per carcass

Scott Technology Limited: ID25 | 29

Scott Technology Limited: ID25 | 30
Automated Poultry Trussing
•Trussing is a labour-intensive process with high rates of repetitive strain
injuries and high staff turnover
•Automated poultry trussing removes the human element, providing
significant operator health and safety advantages and labour savings
•It is a modular and configurable product which meets all global hygienic
and safety standard requirements
•Scott’s automated trusser line is also capable of improving product quality
and first pass production rate
12
Trussing lines installed
at cornerstone customers
24
Birds configurable
per minute
(bpm) per unit
Fully trussed bird
in 2.5 seconds
900m
Chickens trussed
annually in the U.S.

Scott Technology Limited: ID25 | 31
BladeStop is the fastest stopping
bandsaw on the market, capable
of stopping in <10ms
Closest competitor is recorded to stop in >20ms
When a limb is the line,
every millisecond counts

Scott Technology Limited: ID25 | 32
BladeStop
•Scott’s multi-award winning BladeStop product is the world leader in bandsaw safety
technology, with a unique dual-sensing system for reliable trigger detection - which
brings the blade to an immediate stop, minimising the risk of harm to operators
•BladeStop also uses the GloveCheck sensing system. This detects the operator’s gloves
moving in a zone directly upstream from the blade and stops if the gloves move too
close to the blade - ideal for high speed and hand-flick cutting tasks
•Benefits / features:
1500+
Units installed across
30 countries
<10ms
World’s fastest
stopping time
Configurable for
both protein & non-
protein applications
$80k
per unit
(excl. options)
•Improved safety culture for employees
•BladeStop is UL & CE certified
•Dual Sensing for maximum operator
safety
•Reduced turnover & training costs
•Reduced production time lost
due to injuries
•Reduced insurance premiums
•World-leading safety technology
•Reduced product spoilage

Scott Technology Limited: ID25 | 33
Extending into the protein value chain
We automate complex meat
processing steps with precision
robotics, focusing on safety,
yield, and labour efficiency.
Packaging
Secondary
processing
Livestock
Primary
processing
Point
of sale
Transport
Handling
& Logistics
Scott Protein Sector
Synergy
Opportunity
MHL systems offer solutions across
the entire value chain

Scott Technology Limited: ID25 | 34
Protein Highlights
Scott sets the benchmark for protein processing automation with products and systems which add value, such as
optimising yield, increasing profit, along with food / worker safety and labour benefits
Innovation
Customer First
Global reach
Large opportunity
We provide automated solutions utilisingthe latest technologies in vision, x-ray,
robotics, and product handling in primary and secondary processing.
We partner with our key customers to improve yield, lowerlabor costs, and
increase profitability. We do this with a focus on employee safety and wellbeing.
With operations in Australasia, Europe, and North America, Scott is well positioned
to be a leader in protein automation.
Our growth will come from the large opportunity of BladeStop in new markets,
beef automation, and cross selling our solutions across the protein value chain.

Scott Technology Limited: ID25 | 35
MINING
Werner Conradie
President of Global Mining

Scott Technology Limited: ID25 | 36
Mining Domain overview
Automating sample preparation to turn dirt into data for miners

Scott Technology Limited: ID25 | 37
Mining domain overview
Scott’s mining domain manufactures industry leading automated sample preparation equipment
70
Scott
Employees
Selected Key Customers
$49m
FY24
Revenue
26%
Service as a %
of Revenue
18%
Mining as a % of
Group Revenue
ANZ based Centre
of Excellence
Sales across
Australasia, North
America, Europe &
ROW
36%
Net
Margin
•Scott has a strong reputation for its sophisticated range of sample preparation
equipment, which combine cutting edge technology with knowledge and experience
gained from over 50 years of operation
•The mining business has moved from bespoke customer solutions towards more for
mining and laboratory customers, with the first AMS now contracted
•Mining is Scott’s highest margin % sector, underpinned by Rocklabs ‘modular’
products and a substantial recurring consumables revenue stream generating strong
gross margins
•Scott’s certified reference materials are internationally recognised as highly accurate
and reliable

Scott Technology Limited: ID25 | 38
Our mining products and solutions
Scott offers a number of advanced sample preparation equipment and mineral field automation solutions
•High throughput, accuracy, and
safety: consistent, precise
workflows with minimal human
exposure to hazards.
●Automated refueling enables
the ability to refuel without the
use of an operator.
●Trusted and long-standing
solutions, recognised globally
for accuracy and reliability.
•Efficiency and flexibility: smart
systems reduce manual input,
streamline workflows, and adapt
to varying sample sizes,
minerals, and process needs.
Standard equipment and
certified reference materials
Semi automated systemsFully automated systemsField automation

Scott Technology Limited: ID25 | ‹#›
Extending into the mining value chain
1.Discovery2.Evaluation
4.Construction5.Extraction6.Processing
7. Transport8.Market
Exploration
Production
●Estimationoftheextentandgradeof
thedeposit
●Involvesresource assessmentthrough
laboratorytestingofmineralsamples
●Keystepsinclude samplepreparation
andanalysis
●Extractingminerals fromminesites
●Involvessamplingofmaterialtoensure the
extracted materialmeetstheexpectedgrade
requirements
●Processing raw minerals through various physical
and chemical processes to obtain a marketable
product
●Also involves consistent sampling to ensure quality
and grade of mineral
3.Processing
Areas of core focus for Scott in the mining value chain
Scott’s Mining Domain
●Robo Fuel offers an expansion into transport
management, reaching more of the mining value
chain

Scott Technology Limited: ID25 | 40
Where our sample preparation products are used
Solutions in development

Iron Ore
Rocklabs mainly operates within the preparation phase of the mineral sampling value chain
Current solution
Raw material acquisition

Sample Preparation
Mineral analysis
CrushingSplittingPulverising

Copper
Gold
Silver
Platinum
Nickel
Lithium
Cobalt
Current
Growing
Crushing and grinding into
smaller particles to increase
homogeneity
Larger samples are split
into smaller representative
portions
Grinding to a fine powder is
often required for effective
mineral analysis
Opportunity to develop
automation of Mineral analysis

Scott Technology Limited: ID25 | 41

Scott Technology Limited: ID25 | 42
21
Automated Modular System
•AMS was developed to target an unmet minerals market opportunity for reliable
automated sample preparation systems
•Scott’s AMS is a pre-engineered, modular and scalable sample preparation system
designed to improve throughput, quality and accuracy
•The AMS product will reduce remote minerals labs exposure to logistical, resourcing and
reliability factors
•Automated sample preparation systems include linked machine modules to control and
automate sample handling
•The AMS consists of three separate modules
•Assembled and commissioned in the factory
•Minimal strip down for shipping
•Plug and play interface between modules
350+
Samples processed
per day per AMS line
Registered trays
loaded per cycle
by single operator
Core material lots
reduced to 100g
representative sample
2
Lines installed
at MinRes
2-20kg

Scott Technology Limited: ID25 | 43
Automated Modular System
Crush
Pulverize
Dispense
Registration
Bead Fusion
Dose & Fluxing
1
2
3
4
5
6

Scott Technology Limited: ID25 | ‹#›
•RoboFuel uses a state-of-the-art vision system, allowing the robot to locate the
position and orientation of the truck’s fuel tank. This facilitates the automatic
connection of the fuel nozzle and receiver. Automation of the process produces a
reliable, safe, and sustainable solution.
•Benefits of automated robotic refuelling:
•Elimination of critical safety risks – increasing safety
•Minimizes environmental impact
•Increased availability of mining trucks
•Not reliant on an operator/fuel attendant
•Standardised, reliable result
•Enables optimisation of mine truck circuit

Supports:
Diesel & Electric

Automated Refueling
VIDEO
90s
Cycle Time*
Pumps up to 1200
Litres per Minute
* Connecting + Disconnecting
4
Units Installed
Globally

$55,000
OpEx reduction
per truck per year
*Site Dependant

Scott Technology Limited: ID25 | 45

Scott Technology Limited: ID25 | 46
Mining Highlights
Scott sees mining as a major growth driver, expanding with
tier-1 customers globally through innovation, AI integration, and lifecycle services
Customer First
Life Cycle services
Innovation
Large opportunity
Through our focus on Customer first and long term partnerships, we are seeing significant
growth and opportunity for recurring revenue and lifecycle service expansion.
Focus on AI & data integration allows for greater synergies and enabling informed decisions,
Exploring Maestro+ Software integration into Rocklabs Products and solutions.
Innovation driven growth, investing in modular automation, base, semi and full
automation. Capture white space opportunities and embed life cycle value.
Clear path to scale with tier-1 mining customers through target expansion in
key mining regions, Australia North America, South America and Africa.

Scott Technology Limited: ID25 | 47
MATERIALS
HANDLING
Aaron Vanwalleghem
President of Global Materials Handling

Scott Technology Limited: ID25 | 48
Materials handling domain overview
We remove the burden of end-of-line operations by fully automating every step.
From the moment a product leaves the production line to the point it is palletized and ready for shipping

Scott Technology Limited: ID25 | 49
Materials handling domain overview
Scott’s MHL division specialises in automating the critical “end-of-line” for manufacturers.
From secondary packaging through palletizing, storage & dispatch.
280
Scott
Employees
Selected Key Customers
$127m
FY24
Revenue
22%
Service as a %
of Revenue
46%
MHL as a % of
Group Revenue
Europe based
Centre of
Excellence
Sales across Europe,
North America
& Australasia
22%
Net
Margin
•At the core of our offering are palletizing and AGVs, automating both end-of-line
and internal transport. Driving it all is Maestro+, our warehouse control software.
Complementary solutions such as Automated storage & Retrieval Systems (ASRS)
and order preparation systems complete the portfolio.
•Trusted by leading food, beverage, and pharmaceutical companies, our systems
ensure that millions of products are palletized, transported, and shipped with speed
and reliability every day.
•In the last five years, MHL has grown revenue significantly while keeping headcount
stable. Proving the scalability and efficiency of our business model.

Scott Technology Limited: ID25 | 50
Materials handling products and solutions
Scott MHL delivers the entire end-of-line systems, from palletizing to AGVs, ASRS, and dispatch. All under one roof.
•Decades of in house
experience in Multiline
palletizing systems in
manufacturing
•Scalability & customisation
•Global partner for global
accounts
•One platform, endless
applications
•Seamless end-of-line
integration
•Scalability & Future proof
Palletizing SystemsAutomated Guided Vehicles
•Data-driven optimization
•Vendor-agnostic
integration
•One platform, total
visibility

Scott Technology Limited: ID25 | 51
3. Materials handling & logistics
Materials Handling value chain
MHL’s addressable market focuses on its core
solutions in warehouse-based palletizer systems
and AGV segments in the North American and
European markets
Raw material
acquisition
Primary
packaging
Manufacturing
/ Production
Scott’s Materials Handling Domain
Scott AGVs
Palletizing & Distribution
2. Packaging1. Procurement & Production
Secondary
packaging
Palletization
Warehouse
operations
Transport &
Dispatch

Scott Technology Limited: ID25 | 52
Materials Handling integrated solutions
13.5 x 2.4m
1
2
3

Scott Technology Limited: ID25 | 53
Poco Loco Video

Scott Technology Limited: ID25 | 54
Materials Handling: Poco Loco
•A specialist in corn snacks was looking to expand their business
and searched for an automatic palletizing system
•Since they operate multiple lines with different products, they
were convinced by our multiline palletizing solution
•The result is a Scott Multiline System with 1 palletizer and 5
Accutables where full pallets are wrapped, strapped, corner posts
applied and labeled, reaching about 35 pallets per hour
Benefits / features:
•
Hygiene - No pallet debris in production area
•
Quick ROI – Lower labour cost
•
Efficiency – 10% more line efficiency
•
Safety – Few to no forklift traffic in production area
•
Quality – Increased throughput
35
Pallets per hour
(120 cases p/h)
5
AccuTables
10%
More line
efficiency
50
SKUs managed by
single Palletizing Unit

Scott Technology Limited: ID25 | 55
Automated Guided Vehicles - NexBot
•NexBot is Scott’s next-generation modular AGV platform, engineered to handle pallets
and heavy loads without the cost or complexity of fully custom vehicles
•NexBot combines proven reliability with faster delivery times and a lower cost base
•Universal base and configurable back-ends (forklift, clamp, conveyor, tugger)
•Designed for industrial scale, NexBot lifts up to 1600kg, reaches 8m, and operates at
2.2 m/s. Making it one of the most capable AGVs in its class
Benefits / features
•
Modular & scalable: one platform, many configurations, easy to expand fleets
•
Fast delivery & lower cost: standardized design reduces engineering lead times
•
Seamless integration: works natively with Scott palletizing, ASRS, and Maestro+
•
Built for food & pharma: hygienic design and compliance-ready
•
Proven reliability: backed by Scott’s global AGV experience and service network
1600kg
Lift capacity
40
years
Experience
2.2m
metres per
second
velocity/speed
<8m
vertical reach
Universal AGV frontend
with customizable backends

Scott Technology Limited: ID25 | 56

Scott Technology Limited: ID25 | 57
Maestro + WCS/WES Software
5000+
System assets
controlled centrally
30%
Faster startup of new
production lines
20%
annual growth
from recurring
software licences
70+
Sites live
worldwide
•Maestro+ is Scott’s Warehouse Control Software (WCS), designed to coordinate and
optimise all end-of-line operations.
•Intelligence layer between ERP/WMS systems and automation equipment, ensuring
smooth order execution, real-time visibility, and simplified changeovers.
•Maestro+ gives production managers live KPIs and performance dashboards, while also
integrating seamlessly with external BI tools like Power BI.
Benefits / features
•
Single command centre: one software platform for all end-of-line operations
•
KPIs and alarms to quickly identify bottlenecks and performance issues.
•
ERP/WMS integration: orders, labels, and pallet data flow without errors.
•
Minimised risk: prevents order/product mixing during changeovers.
•
Data-driven optimisation: Cockpit dashboards and exports enable deep insights.
•
Single point of contact: Scott service hardware and software, reducing downtime.

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Materials Handling Highlights
Scott sets the standard in end-of-line automation, streamlining everything
from secondary packaging to palletizing, storage, and dispatch.
Customer First
Life Cycle services
Global reach
Leading Edge Technology
Improving Throughput
Large opportunity
Trusted by tier 1 food, beverage, and pharma manufacturers. Proven track record in
industries with the highest standards.
End-to-end support from design to service and upgrades. Building long-term
partnerships and recurring revenues.
Strong presence in Europe, Australasia, and North America. Clear opportunity to
strengthen our U.S. footprint.
Palletizing, AGVs, and Maestro+ deliver seamless end-of-line automation.
Driving efficiency, reliability, and safety for customers.
A global market exceeding US$20B by 2030. Strategy is to scale from a stable
European base into high-growth U.S. and global opportunities. Division-specific
strategies will be critical to capture the full potential.

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APPLIANCES
Cathy Zhang
Regional Director of China

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Appliances domain overview
Fully automated production lines and standalone equipment units, catering to the needs and
flexibility of modern appliance manufacturing.

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Appliances domain overview
Scott’s appliances business manufacturers turn-key systems for major global appliance manufacturers.
60
Scott
Employees
Selected Key Customers
$36m
FY24
Revenue
11%
Service as a %
of Revenue
13%
Appliance as a %
of Group Revenue
China based Centre
of Excellence
Sales across
North America,
China, & Europe
29%
Net
Margin
•
Scott has a long history of appliance manufacturing having launched its appliance
business in the 1950s in direct manufacture, before pivoting to automation
•
Recognised in market as a high-end provider of super solutions
•
China is the Centre of Excellence with a highly skilled team in Qingdao and also
leverage experienced design and engineering support from Christchurch
•
Appliances have recently completed several large projects with GEA, Sub-Zero
and Midea. It is not uncommon for projects to be +$20m in value
•
Service or aftermarket business is primarily concentrated in upgrades of existing
installed base

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Midea Appliance Line

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Appliances Highlights
Positioning Scott Appliances for Long-Term value creation in Global Markets
Customer First
Global Reach
Innovation
Deepened customer relationships with head offices and production facilities.
Supporting greater commissioning speeds for new plants and upgrades.
Large-scale contracts and robust infrastructure in China and emerging markets
around the world to tap into rising global appliance automation demand.
Strategic modular and scalable product roadmap, margin expansion, recent
high-profile appliance projects underpin growth potential.
Life Cycle services
Key-account focus and Lifecycle Solutions that go beyond one-off projects
Growing our service – IOT, maintenance and upgrade business.
Large opportunity
Our China manufacturing facility has delivered state of the art manufacturing
capability with a rapid development/build mindset, this offers significant
opportunity to other Scott solutions.

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FINANCIAL
OVERVIEW
Mark O’Malley
Chief Financial Officer

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Group performance metrics
68
70
94
127
47
57
76
60
29
40
41
49
20
29
40
36
42
26
16
4
206
222
268
276
FY21AFY22AFY23AFY24A
MHLProteinMiningAppliancesOther
Group revenue over time ($m)
Group net margin % over time
160
165
195
199
46
57
72
77
206
222
268
276
FY21AFY22AFY23AFY24A
Service
Sales
Sales and service revenue split over time ($m)
Service %
22%26%
27%
28%
+10% CAGR with a focus driven towards
proven technologies at higher margins
and lower risk
Increased focus on service and afterwards is
driving higher levels of recurring revenue
Continued net margin expansion via modular
approach, improved project governance, scale
/ operational efficiencies and increased
service penetration
24%
24%
27%
27%
FY21AFY22AFY23AFY24A
Note: All currencies are in NZD unless otherwise specified.

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Commercial Drivers
Diversified revenue streams across projects, products and services driving future growth
Higher margins, lower risk,
reduced lead time
Recurring Revenue
on installed base
Built on strong customer
partnerships & trust
- design to install
ProjectsProductsService
~56%
FY24
Revenue
Composition
~16%28%
Sales

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Service Revenue
Fundamentals of Service:
•Provides recurring, profitable revenue stream
•Rapid growth in installed base from recent years
provides a foundation for future revenue growth
•Diversify earnings from equipment sales
•Opportunity for further customer value and Scott being
a strategic partner
•Rich data from our solutions to enable customers site
performance, ESG and H&S initiatives and further
product development
Growth Opportunities for Service:
•Installed base growth through equipment sales
•Increased service penetration with a key strategic focus
on Lifecycle Services and Key Account Management
•Grow software (Maestro+) offering in MHL and into
other domains
23
24
27
28
11
16
25
30
9
12
15
13
3
6
5
6
46
57
72
77
FY21FY22FY23FY24
MHLProteinMiningAppliances + Other
Service revenue over time ($m)
3 YR CAGR
Appliance + Other
+28%
MHL
+6%
Total Service
+19%
Mining
+11%
Protein
+41%

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Forward work
Snapshot of forward work over time ($m)
Opening
Forward
Work
Note: Revenue on projects is recognised on % of
completion basis. Certain projects may span
multiple periods with WIP balance remaining in
Forward work until 100% complete
Order In-Take
Revenue
Recognised
Closing
Forward
Work
Overview:
•Secured work that has not been recognised as revenue
•Orders can span over multiple reporting periods
Why it matters:
•Revenue visibility
– Scott doesn’t provide formal guidance - forward work provides a steer
•Capacity and resource planning
•Risk assessment
•Growth signal
How Forward work is calculated:
111
119
122
172
165
179
135
136
139
4
9
10
19
19
16
26 24
26
115
128
132
191
184
195
161
160
165
HY21FY21HY22FY22HY23FY23HY24FY24HY25
SalesService

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24
18
FY21FY24
Geographic growth – revenue from external customers
New
Zealand
Revenue CAGR (FY21 – FY24)
-9%
North America
Revenue CAGR (FY21 – FY24)
+51%
27
93
FY21FY24
China + ROW
Revenue CAGR (FY21 – FY24)
-2%
13
12
FY21FY24
Australia
Revenue CAGR (FY21 – FY24)
Europe
Revenue CAGR (FY21 – FY24)
+18%
54
88
FY21FY24
Rocklabs
Revenue CAGR (FY21 – FY24)
+14%
29
43
FY21FY24
Leveraging embedded customer partnerships,
Scott is now accelerating its growth into largely
untapped North American market predominately
through BladeStop, Poultry & MHL solutions
See section on Rocklabs – operates globally
with a mix of direct and distributor sales
18
17
FY21FY24
Legacy business
41
4
FY21FY24
-2%
-54%
Revenue CAGR (FY21 – FY24)

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Materials handling & logistics
Protein
Mining
Appliances
20
29
40
36
31%
11%
14%
29%
FY21FY22FY23FY24
29
40
41
49
43%
40%
40%
36%
FY21FY22FY23FY24
Domain Summary FY21 – FY24
Revenue CAGR:
Net Margin:
68
70
94
127
26%
20%
23%
22%
FY21FY22FY23FY24
47
57
76
60
28%
32%
33%
28%
FY21FY22FY23FY24
+8%
28%
Revenue CAGR:
Net Margin:
+22%
29%
Revenue CAGR:
Net Margin:
+19%
36%
Revenue CAGR:
Net Margin:
+23%
22%

Scott Technology Limited: ID25 | 71
7% - 11%
Appliances
Mining
Materials HandlingProtein
Multiple organic growth drivers to deliver on 2030 ambitions
16% - 20%
Revenue CAGR
Revenue CAGR
Growth Levers:
•Strategic modular approach drawing
on decades of leading appliance
automation and innovative design
collateral
•Flexible and scalable infrastructure
and supply chain to respond to
opportunities
•Targeted upgrades on a large global
installed base
6% - 10%
Revenue CAGR
3% - 7%
Revenue CAGR
Growth Levers:
•Further Europe expansion;
partnership with Savoye and new
markets (region & industry)
•Replicate European model in the
North American market – build off
multiple blue-chip reference site
installs in market
•Expand AGV business globally through
NexBot
•Grow software revenue and
accelerate lifecycle services growth
Growth Levers:
•Strong organic growth opportunity
across lamb products / solutions, as
well as expanding into beef
•Accelerate Poultry Trusser sales in
North America
•Capture further bandsaw market
share globally
•Cross sell with other Domains
(MHL)
•Increased service penetration across
growing installed base
Growth Levers:
•Accelerated AMS growth to blue-chip
customers
•Extend into Mineral Analysis with key
partnerships
•Leverage direct sales into North
American market
•Increased global reach through
distributor model to largely untapped
markets i.e Africa
•Grow Robofuel and Energise
•Service upside with growing install base
and integrating Maestro software
Note: CAGR are based on FY24 actuals through to FY30 target

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35% +
FY30 Dot on the Horizon
The revised focus areas will drive
growth, objectives include:
•“$530 by 30” – sustainable
profitable growth
•Higher proportion of Revenue
from Lifecycle Services
•Partner with Key Accounts to
understand their Capital
Requirements to build out a
long-term pipeline
•Targeting EBITDA of 14% of
Revenue by FY30
22%26%27%28%
Service %
Revenue by domain ($m)
Note: All currencies are in NZD unless otherwise specified.
47
57
76
60
68
70
94
127
29
40
41
49
20
29
40
36
42
26
16
4
- - - - -
530
206
222
268
276
- - - - -
530
FY21AFY22AFY23AFY24AFY30
Target
ProteinMHLMiningAppliancesOther
CAGR +11%
FY24 – FY30

Scott Technology Limited: ID25 | 73
21.0
23.9
29.7
26.4
10.2%
10.8%
11.1%
9.6%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
FY21FY22FY23FY24FY25 FFY30
Target
Reported EBITDAEBITDA %
EBITDA Margin
•EBITDA progression: solid growth through FY23,
followed by a dip in FY24 due to one-off costs in year*
•Near-term: FY25 forecast indicates a return to growth
with strong net margins, control on spend and improved
scale in second half
•Strategic ambition: Target 14% EBITDA margin by FY30,
underpinned by growth coming in competitively placed
solutions, scale driving operating leverage and improved
business mix including a higher proportion of service
* FY24 Operating EBITDA % was 10.9% excluding one-off costs
Reported EBITDA and Margin over time ($m)
14% target
by FY30
Note: FY25F and FY30 Target are not to scale and for illustrative purposes only

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Capital Management
Cash flow*
Debt Facility headroom
Capital source
Capex
xxx
R&D - Development Assets
Shareholder Returns
Available Funds
Net Debt
Current funding mix:
•Working capital is crucial to manage where project cash
flows can be volatile
•Capex is spent primarily on machining, fabrication &
assembly equipment – disciplined approach taken with
demonstrable returns needed prior to approval
•R&D – Development Assets: Key focus of the 2030
Strategy is to invest based on a strategically integrated
development roadmap
•Available funds are distributed via dividends, pay down
net debt or for any strategic purposes as management
and Board see to best drive shareholder returns
*Operating cash-flow less financing activities. High-level term of “cash-flow” used for purposes of graphic

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Dividend Policy
•Scott aims to provide sustainable, consistent and growing
dividends, while maintaining financial flexibility
•Dividends will be considered semi-annually
•Target payout ratio of 50–80% of adjusted net profit after tax
Subject to cash flow, capital requirements and balance sheet
strength
•The Board may adjust or suspend dividends in exceptional
circumstances to protect long-term shareholder value
•Dividends will generally be paid in cash, with a dividend
reinvestment plan offered when appropriate
•Imputation credits will be attached where available
Dividend declared over time (cents per share)
*Payout ratio calculated on dividend declared / adjusted NPAT after non-recurring costs
1010
8
0
6
888
73%
70%
72%
0%
56%
50%
42%
64%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
0
2
4
6
8
10
12
FY17FY18FY19FY20FY21FY22FY23FY24
Cents per sharePayout Ratio*

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Trading update
•FY25 EBITDA expected to be a record result and within the range of $30.5m to $31.5m
•FY24 operating EBITDA was $30.2m and reported EBITDA was $26.4m
•FY25 Revenue expected to be within the range of $270m to $275m versus prior year of $276m
•Revenue was down -14% at half year results illustrating a very strong recovery in the second half of FY25
Note: FY25 full results to be released on the 21st October 2025

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ACTION
ROADMAP
Mike Christman
Chief Executive Officer

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Destination 2030
Destination 2030: Building for Sustainable, Profitable Growth
To be the trusted
partner that puts
our customers first
fostering lasting
partnerships that
drive innovation
and success
PURPOSEVISION
Powering our
customers and industry
with transformative
solutions & services

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Action Roadmap – Lets Go
GROUP
ENABLERS
One Integrated Customer Platform
One ERP - AU & US
One ERP - Rocklabs, NZ & CN
Key Customer Account Plans
HPT Program
- Team Members
HPT Program
- Leaders
Employee Profit Share Scheme
One People Platform
– Learning & Development
One People Platform
– Recruitment & Onboarding
One Project Methodology
One Global Supply Solution /
Procurement; One Planning Process
Product Lifecycle Management
Domain Product Roadmaps
Product Go To Market Framework
Year One
ACTIVITIES
& PRIORITIES
Lifecycle Services
Framework
(including Key
Account
Management)
Core Values
Refresh
Product Innovation
- R&D Structure, Funding & Process
One
Scott
Key account
training
Sales, Marketing,
Engineering
Domain Market Analysis
Customer First
Customer Feedback
Customer Communications
Customers Key Innovation Partner
>>
Year Two
Year Three Onwards
High
Performing
Team
Leading Edge Technology
Market
understanding
Enabled
Team
Trusted
Relationships
Innovation
Resource planning

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Recent contract wins and update
•MHL: Multiple palletizing projects with Agristo and Lutosa totalling +$19m
•Protein: Contract win to install an existing LEAP Primal for Dawn Meats in UK – Scott’s first UK install

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QUESTIONS