Perenti Global : Macquarie Conference Presentation

ersonal use only

MACQUARIE CONFERENCE

2 December 2021

Perenti Global Limited

ABN 95 009 211 474

Perenti Global Limited ABN 95 009 211 474

Important notice and disclaimer

This presentation and these materials (together the "Presentation") have been prepared by Perenti Global Limited ABN 95 009 211 474 (ASX:PRN) ("Perenti") as a summary of Perenti's operations and results for the purposes of a presentation to existing or potential investors in Perenti. By participating in this Presentation or onlyreviewing or retaining these materials, you acknowledge and represent that you have read, understood and

accepted the terms of this Important Notice and Disclaimer.

This Presentation is not intended as an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in the United States or any other jurisdiction.

This Presentation may contain forward looking statements concerning projected earnings, revenue, growth, rder book, pipeline, outlook or other matters ("Projections") for the financial year ending 30 June 2021 or beyond. Any such Projections are based on assumptions which may differ materially from the actual

usecircumstances which may arise. Actual results may differ from Projections and such variations may be material. You should not place undue reliance on any Projections, which are based only on information currently available to Perenti. Perenti undertakes no obligation to update any Projections for events or circumstances that occur subsequent to the date of this Presentation or to keep current any of the information provided. Past performance is no guarantee of future performance.

Recipients of this Presentation are advised that the information contained in this Presentation is not legal, tax, accounting, investment or financial product advice and should not be used as the basis for making investment decisions or other decisions in relation to Perenti or its securities.

This Presentation is not a disclosure document, is for information purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. Perenti has no obligation to tell recipients if it becomes aware of any inaccuracy in or omission from the information in this Presentation. This Presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. You should consult your own advisors as to legal, tax, financial and related matters and conduct your own investigations, enquiries and analysis concerning any transaction or investment or underwriting or other decision in relation to Perenti.

This Presentation, including opinions set out in it, is based on information compiled or prepared by Perenti from sources believed to be reliable, although such information has not been verified in all instances. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this Presentation. To the maximum extent permitted by law, none of Perenti, its directors, employees, advisors or agents, nor any other person, accepts any liability, including without limitation any liability arising out of fault or negligence, for any loss arising from the use of the information contained in this Presentation. In particular, no representation or warranty, express or implied, is given as to the accuracy, completeness, likelihood of achievement or reasonableness of any forecasts, Projections or prospects referred to in this Presentation.

$ refers to Australian Dollars.

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Our Operations

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FY22 Guidance*

Revenue: $2.0B to $2.2B

EBIT(A): $165M to $185M

AUD:USD: 0.75

Note: Guidance range assumes that COVID-19 impacts do not worsen

1H22 Mining Services sector thematics

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Increased focus on ESG and decarbonisation across the mining value chain

Recovery from COVID-19

Border restrictions

Labour constraints

Continued poor sector sentiment and depressed valuations despite robust fundamentals

1H22 performance in-line with expectations

Underground

Surface

Investments

idoba

only

▪

▪

▪

Ramp-up of Savannah and Geita Hill

AMS performance continues to

BTP continues to focus on targeted

▪

Continue to embed idoba into

continues

improve

sales activities and fleet utilisation

Perenti

▪ Production works commenced at

▪

Iduapriem ramp-up progressing

improvements

▪

Building technology and governance

Zone 5, ramp up continues in 2H22

▪ Idle fleet in Ghana being redeployed

▪

Cleared MinAnalytical sample

structures to support growth

▪

Productivity at Australian

backlog and productivity has

▪

Technology offerings relate to

▪

Motheo on track to commence

significantly improved

underground projects impacted by

optimisation of mining life cycle to

development works in 2H22. Full

cost escalation and labour and

▪ Expect stronger 2H22 with improved

improve productivity and ESG

run rate expected in FY23

supply constraints

BTP sales pipeline

metrics

use▪ Stronger 2H22 driven by improved

▪ Expect continued improvement in

▪

MinAnalytical productivity also

productivity and growth projects

performance through 2H22

expected to improve in 2H22

ersonal

achieving improved run rates

▪ 2H22 consolidated results to deliver stronger performance as growth projects contribute additional earnings and as productivity rates improve

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