Babylon Pump & Power : BPP - 2021 AGM Investor Presentation

ersonal use only

ANNUAL GENERAL MEETING

INVESTOR PRESENTATION

30th NOVEMBER 2021

(ASX:BPP)

Babylon Pump & Power Limited

IMPORTANT NOTICE AND DISCLAIMER

This presentation has been prepared by Babylon Pump & Power Limited ("Babylon") (ASX: BPP) for information purposes only.

This presentation is not a product disclosure statement or prospectus for the purposes of the Australian Corporations Act 2001 (Cth), nor does it constitute financial product or investment advice or a recommendation, offer or invitation by any person or to any person to sell, purchase or otherwise invest in securities in BPP in any jurisdiction. Neither this presentation nor anything in it shall form the basis of any contract or commitment.

onlyThis presentation contains general information only and does not take into account the investment objectives, financial situation and particular needs of individual investors. Investors should make their own independent assessment of the information in this presentation and obtain their own independent advice from a qualified financial adviser, lawyer, accountant, tax or such other adviser as considered appropriate having regard to their objectives, financial situation and needs before taking any action.

The information in this presentation includes historic information about the performance of BPP and securities in BPP. That information is historic only, and is not an indication or representation about the future performance of BPP or securities in BPP. You should not place undue reliance on any such information.

No representation or warranty, express or implied, is given as to the accuracy, completeness, reliability or adequacy of any statements, estimates, opinions or other information, or the reasonableness of any assumption or other statement, contained in this presentation. Nor is any representation or warranty, express or implied, given as to the accuracy, completeness, likelihood of achievement or reasonableness of any forecasts, forward-looking statements or potential returns usecontained in this presentation. Forward-looking statements include, but are not limited to, information which reflects management's expectations regarding BPP's future growth, results of operations (including, without limitation, capital xpenditures), performance (both operational and financial) and business prospects and opportunities. Often, forward-looking statements include words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "e timates", "forecasts", "intends", "anticipates" or "does not anticipate" or "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or

be achieved.

Forecasts, forward-looking statements or potential returns only reflect subjective views held by BPP, and are based on certain assumptions made by BPP, as at the date specified in the relevant information and are by their nature subject to significant uncertainties and contingencies, many of which are outside the control of BPP. Although management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Actual events and results may vary from the events or results expressed or implied in such statements. Given these uncertainties, you should not place undue reliance on any such statements

ersonalSubject to any continuing obligations under applicable law or any stock exchange listing rules, in providing the information in this presentation, BPP does not undertake any obligation to publicly update or revise any forward-looking statements or to dvise of any change in events, conditions or circumstances on which any such statement is based.

To the maximum extent permitted by law, BPP and its related bodies corporate, directors, officers, employees, advisers and agents disclaim all liability and responsibility (including without limitation any liability arising in negligence, statute or otherwise) for any direct or indirect loss or damage which may arise or be suffered by any person through use or reliance on anything contained in, or omitted from, this presentation. An investment in BPP securities is subject to investment and

ther known and unknown risks, some of which are beyond the control of BPP. BPP does not guarantee any particular rate of return or the performance of BPP securities.

The distribution of this presentation including in jurisdictions outside Australia, may be restricted by law. Any person who receives this presentation must seek advice on and observe any such restrictions.

A RAPIDLY GROWING SPECIALIST MINING SERVICES PROVIDER

ersonal use only

Delivering multiple specialised and complementary offerings to the resource sector, all with high barriers to entry

Babylon Pump & Power Limited

Speciality Rental

• • Supply of specialty diesel driven pumping and power generation equipment
• Mine water management, high pressure pumping and remote power

BABYLON CORE BUSINESSES

Specialty Rental

Diesel Maintenance	Speciality Industrial Services
- Specialists in large Caterpillar and Cummins	-
- Protective coatings and vacuum loading for
engines and complete modules for electric driven
controlled collection of waste
machines
- Water and abrasive blasting for routine cleaning
- Maintenance and rebuild services for large
and shut down preparation
diesel engines and heavy components

CORPORATE SNAPSHOT

	ASX Code: BPP
only	Ordinary Shares
Performance Rights
	Market cap (@ 1.3 cents)
	Average Monthly Volume (shares)
use	Top 20 Holdings
Cash & Undrawn Debt Facilities (as at 31 Oct 2021)
	Financial Snapshot		Q4 FY21		Q1 FY22
		($M)		($M)
ersonal	Operational Revenue		$5.6		$7.3
Positive Operating Cashflow		$0.15		$0.2

Substantial & Major Shareholders

G & N Lord Superannuation Pty Ltd & other entities controlled by Geoff Lord

Babylon Pump & Power Limited

1151m

130m

$15m

46m

48%

$4.7m

• Change on Q4 FY21

+38%

+33%

16.6%

Total Revenue (Year-on-Year)

$24,000,000

$18,000,000

$12,000,000

$6,000,000

$0

FY18	FY19	FY20	FY21
			1st Half		2ndHalf

Share Price Performance & Volume

0.04	16000000
0.035	14000000
0.03	12000000
0.025	10000000
0.02	8000000
0.015	6000000
0.01	4000000
0.005	2000000
0	0

Volume Close

4

EXPERIENCED TEAM

ersonal use only

Michael Shelby	• Co-founder of Babylon in February 2017
•	Over two decades of experience in oil & gas, mining and specialty rental markets spanning commercial, technical and project management roles
Executive Chairman	•	Previously GM at Resource Equipment (ASX:RQL) and was primarily responsible for growing the oil & gas service business from inception until its takeover in 2015 for $116m
	• Holds a Bachelor of Science in Chemical Engineering from Louisiana State University
	• Completed an MBA program at the Melbourne Business School and the AICD Directorship Course
Patrick Maingard	• Co-founder of Babylon in February 2017
• Over 30 years of management experience with a strong SME background with Director and Managing Director portfolios
•	Previously Director/co-owner of plastics manufacturing business Omni with key customers including Bunnings, Reece Plumbing, Masters, Australian Defense Force,
Executive Director		Constellation Wines and Matrix Asia Pacific
	• Holds a MSc Management from Oxford University and is a graduate member of the Australian Institute of Company Directors
Louise Bower	•	A Chartered Accountant, Ms Bower has accumulated 27 years' experience in senior executive roles across varied industry sectors and jurisdictions including Australia, South
	Africa and the United Kingdom.
Non-Executive Director	•	Ms Bower is currently Non-Executive Director at Perth-based DUG Technology Ltd (ASX: DUG) - a technology company providing high-performance computing with a strong
		foundation in applied physics.
Michael Kenyon	• Extensive senior finance experience with a range of private and public companies over the past 24 years
•	Previously CFO of Pacific Energy (ASX:PEA) prior to its $470m takeover by QIC in 2019 and before that CFO of Resource Equipment (ASX:RQL)
Non Exec. Director & Company	•	Currently CFO and Company Secretary for Resource Development Group (ASX:RDG) and WA Kaolin (ASX:WAK)
Secretary	• Holds a Bachelor of Business degree from Edith Cowan University, is a qualified Chartered Accountant, a graduate member of the Australian Institute of Company Directors and
	a certificated member of the Governance Institute
Craig Batterham	• Strong history with major resources players
•	Working as an Operations Director for rental equipment and maintenance group Worx Equipment
National General Manager	•	Prior to this as Asset Operations Manager for mining services giant Thiess
Laurie Phillips	• Over 25 years' experience in the mining, energy and industrial sectors
•	Previously General Manager of Equipment Solutions at BTP, one of Australia's largest suppliers of heavy mobile mining equipment.
Project Manager	•	Has served as Business Development Manager for TSX-listed remote workforce facilities provider Black Diamond Group
	• General Manager of Australian and Indonesia-focused power and water services group Resource Equipment Limited.

Babylon Pump & Power Limited

5