Scott Secures NZ$20m of Global MHL Contracts

Scott Secures NZ$20m of Global MHL Contracts

Auckland, NZ – [18 August 2026] – ScoƩ Technology (NZX: SCT) has secured a series of Materials Handling & LogisƟcs
(MHL) contracts totalling approximately NZ$20 million, reflecƟng conƟnued momentum in the domain and further
execuƟon of the Company's DesƟnaƟon 2030 growth strategy. The contracts span North America and Europe and
include a major project with a leading North American frozen potato producer, alongside two extension projects
with European customers in the snack food and fresh produce sectors.

“Last week we spoke about the early commercial momentum we are seeing from DesƟnaƟon 2030, and these MHL
contracts are another tangible example of our progress. MHL is becoming an increasingly important growth engine
for ScoƩ, and this level of contract acƟvity gives us further confidence in the domain’s ability to contribute
meaningfully to our long-term growth targets,” said Mike Christman, CEO ScoƩ Technology.

The New Contracts Are:

• North America – Frozen Potato Processing: A significant end-of-line automation project for a leading
frozen potato producer, further strengthening Scott's position in the North American market. The project
will include multiple palletisers, AccuTables, integrated labelling and pallet wrapping capabilities, alongside
Scott’s Maestro+ software platform to support integrated system control and operation.
• Belgium - Snack Foods: An extension project for a leading European snack food producer, including an
additional palletising system integrated with Scott’s Maestro+ software to support coordinated system
control and operation.
• Netherlands – Fresh Produce: An extension to an existing Scott installation for a major Dutch fresh produce
company, demonstrating the opportunity to continue expanding with established customers as their
automation requirements expand.

Strong MHL FY26 Momentum

The contracts build on strong FY26 momentum for MHL, with ScoƩ expanding across North America, Europe and
Australia and increasing its exposure to priority FMCG verƟcals including potatoes, dairy, snacks, meat and bakery.
The growing installed base also creates further opportuniƟes for Lifecycle Services, including service, upgrades,
soŌware and opƟmisaƟon. Revenue associated with the new contracts is expected to be recognised predominantly
in FY27 and beyond.

“Over the past year we’ve become much more deliberate about where we compete and how we take our MHL
capability to the global market. We’re focusing our resources on the customers, verƟcals and geographies where we
believe ScoƩ has the strongest posiƟ
on, while broadening our ecosystem. The strength and diversity of our pipeline
reinforce our confidence in the growth opportunity ahead,” added Aaron Vanwalleghem, President of Materials
Handling & LogisƟcs.

The contracts follow ScoƩ’s FY26 expectaƟons announcement last week, when the Company forecast record revenue
of NZ$290–296 million and record operaƟng EBITDA of NZ$34–36 million for the year ending 31 August 2026. We
reiterate our DesƟnaƟon 2030 growth strategy targets NZ$530 million in annual revenue by 2030, 14% EBITDA
margin.

ENDS

For investor enquiries please contact:
Mike Christman
Chief Executive Officer
E: mike.christman@scottautomation.com

For media enquiries please contact:
Eugene Afanasy
Communications Manager
T: +64 21 0852 4832
E: e.afanasy@scottautomation.com

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