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OM HOLDINGS LIMITED

Australia • China • Japan • Malaysia • Singapore • South Africa

October 2021 • Virtual Analyst Briefing • ASX:OMH | Bursa:OMH (5298)

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DISCLAIMER

This presentation has been prepared and issued by OM Holdings Limited ARBN 081 028 337 ("OMH"). This presentation contains summary information about OMH. The information in this presentation does not purport to be complete or to provide all information that an investor should consider when making an investment decision. It should be read in conjunction with OMH's other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange which are available at www.asx.com.au.

This presentation contains "forward‐looking" statements within the meaning of securities laws of applicable jurisdictions. Forward‐looking statements can generally be identified by the use of forward‐looking words such as "may", "will", "expect", "intend", "plan", "estimate", "anticipate", "believe", "continue", "objectives", "outlook", "guidance" or other similar words, and include statements regarding certain plans, strategies and objectives of management and expected financial performance. These forward‐looking statements involve known and unknown risks, uncertainties and other factors, many of which are outside the control of OMH, and its directors, officers, employees, agents or associates. Actual results, performance or achievements may vary materially from any projections and forward‐looking statements and the assumptions on which those statements are based. Readers are therefore cautioned not to place undue reliance on forward‐looking statements and OMH, other than required by law, assumes no obligation to update such information.

OMH makes no representation and can give no assurance, guarantee or warranty, express or implied, as to, and takes no responsibility and assumes no liability for the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omissions from, any information, statement or opinion contained in this presentation.

This presentation is for information purposes only and is not a financial product or investment advice or a recommendation to acquire (or refrain from selling) OMH shares. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction. OMH is not licensed to provide financial product advice, either generally or in respect of OMH shares.

A MANGANESE ORE & FERROALLOY COMPANY

Vertically integrated manganese ore and ferroalloy company, involved in mining, smelting, and trading

Powered by sustainable hydro-power,pursuing

growth and natural diversification into new

commodities like silicon metal

Listed on both the ASX and Bursa Malaysia, OMH offers unique exposure to the niche manganese and silicon ferroalloy space essential to steel and the modern world

Lowest cost quartile smelter complex in Sarawak, the largest of its kind in Asia (ex-China)

Operations in Australia, China, Japan, Malaysia, Singapore, and South Africa

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COMPANY SNAPSHOT

Balancing debt reduction with sustainable dividends

Share Metrics

(as at 05th Oct 2021)

Issued Shares

Share Price

52 weeks Low / High Market Capitalization

738.6 million shares

A$ 1.16 / RM3.76 A$ 0.29 / A$ 1.21 A$ 856.8 million

Share Price Performance

2.00

ASX (AUD)

1.50

1.00

0.50

Debt

Total Borrowings

A$ 398.6 million

(1H 2021)

0.00

Cash

Cash & Cash Equivalent

A$ 61.5 million

(1H 2021)

Enterprise Value

A$ 1.19 billion

Largest Shareholders (as at 1st April 2021)

Huang Gang

14.03%

Adj. EBITDA*

A$ 91.7 million

(trailing 12 months)

Earnings

EPS

1.26 cents

& Key

(trailing 12 months)

Ratios

EV : Adj. EBITDA

13.02x

Price Earning Ratio

92.06x

Marc Chan, Amplewood Resources Ltd

Low Ngee Tong

Heng Siow Kwee

13.57%

9.22%

8.93%

*Adjusted EBITDA is defined as operating profit before depreciation and amortisation, impairment write-back/expense, net finance costs, income tax and other non-cash items. Adjusted EBITDA is not a uniformly defined measure and other companies in the mining industry may calculate this measure differently. Consequently, the Group's presentation of Adjusted EBITDA may not be readily comparable to other companies' disclosures.

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KEY INVESTMENT POINTS

The Largest & Lowest Cost Quartile Ferroalloy Smelter in the Region

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Lowest Cost Quartile

One of the Largest and Fast

Ferroalloy Smelter In The

Growing Ferroalloy Smelters in

Region(1)

the Region(2)

Backed by low cost environmentally

FeSi market share almost doubled

friendly hydro power from a 20-year

from 7.3% to 12.5% FY17-19 while

PPA agreement with Sarawak Energy

SiMn grew from 7.5% to 16.9% in the

and a 10-year tax holiday

same period

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Prime Beneficiary of Commodities Supercycle

Driven by surging steel demand and increasing industry usage from construction, infrastructure, energy and automotive sectors

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Vertically Integrated

Production

Smelting production feedstock is de- risked by mining production while in- house trading arm supports sales and distribution

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Future Growth from Capacity Expansion & Product Diversification

Additional 150k MT/pa of Mn alloys

by FY23 from currently 300k and

further product mix diversification from venture into silicon metal

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Strong Executional Track Record

>25 years of operational expertise with a solid relationship with shareholders since ASX listing in 1998

Source for (1) and (2): OMH Prospectus (11 June 2021), AlloyConsult

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OM Holdings Limited published this content on 21 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 23:29:02 UTC.