Austal Limited · ASX:ASB
Austal — Shareholder Meeting (October 2026)
35 slides from Austal's shareholder meeting presentation, Oct 27, 2026
Slide 1: FY2026 Annual General Meeting
FY2026 Annual General rsonal use only Meeting 27 October 2026
Slide 2: Chairman's Address
FY2026 AGM Chairman’s Address rsonal use only 27 October 2026 The Hon. Richard V. Spencer Chairman, Austal Limited
Slide 3: CEO's Presentation
FY2026 AGM CEOs’ Presentation rsonal use only 27 October 2026 Paddy Gregg Chief Executive Officer, Austal Limited
Slide 4: Austal 'at a glance'
Austal ‘at a glance’ A growing defence prime contractor, delivering for the defence and commercial maritime sectors rsonal use only $2.03bn $16.5bn 4,500+ 5 Shipyards FY26 Revenue Order Book (incl. options) Employees Across 4 countries 32 Ships ordered 75 78 8 Service Centres 6 Ships delivered in FY
Slide 5: Key locations
Key locations A global operational footprint to meet the build and servicing requirements of customers AU S T RALAS IA U S A / AM ERICAS Shipyard locations rsonal use only Location Land Area (m2) Ship Platforms LCS, EPF, MMF, OPC, T-ATS, LCU, T-AGOS, Mobile, USA 467,000 Subs Modules Henderson, Austr
Slide 6: FY26 overview
FY26 overview Revenue growing on the back of strong order book, Australasia performance exceptional Revenue Order Book EBIT EBIT margin NPAT EPS Net Cash $2.03bn $16.5bn ($125.2m) (6.2%) ($53.6m) (12.7cps) $186.3m rsonal use only ▲11% ▲27% ▼ 211% ▼ 12% ▼ 160% ▼ 154% ▼ 59% FY25: A$1.8bn FY25: A$13.1b
Slide 7: Segment Breakdown
Segment Breakdown Australasian business providing greater contribution: Revenue: 95% defence, 5% commercial FY26 Australasia Illustrative revenue split rsonal use only FY25 FY26 FY2026, A$m Shipbuilding Support Total 24% 32% Revenue 447.9 ▲199.0 202.7 ▲13.7 650.7 ▲212.7 EBIT 55.5 ▲31.8 29.8 ▲17.5 85
Slide 8: Austal Australasia overview
Austal Australasia overview Appointed as the Australian Government’s strategic shipbuilder under SSA with additional commercial shipbuilding and sustainment activities across the region Operating footprint Revenue over time (A$m) Site Location Production Shipyard Service Centre rsonal use only Shipb
Slide 9: Business Overview
rsonal use only Business Overview 9
Slide 10: Australasia: Operational highlights
Australasia: Operational highlights Austal secured as Strategic Shipbuilder, with a record order book of future defence & commercial work Defence Commercial rsonal use only Program Client Status Program Client Status Zero Carbon, 66m Sailing Cargo Guardian Class Patrol Boat (GCPB) CoA Complete VELA
Slide 11: Australasia: Defence orderbook
Australasia: Defence orderbook Record order book of long dated future defence programs Remaining vessel forecast profile Australasia order backlog rsonal use only A$bn, approximate Delivered Program FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35+ +670% to date 5.6 Guardian Class Patrol Boat 24 Complet
Slide 12: Australasia: Henderson Defence Precinct
Australasia: Henderson Defence Precinct Where critical maritime capabilities for the Australian Defence Force will be built, including Navy’s future General Purpose Frigates and Army's Landing Craft • On 24 August 2026, the Australian and WA Governments announced the selected site for the Henderson
Slide 13: USA: Operational highlights
USA: Operational highlights Significant submarine module manufacturing uplift enabled by capex investment in MMF3 (Phase 1 operational), with MMF3 completion due in December 2026 Vessel and Program Update rsonal use only Submarine modules Shipbuilding Support and sustainment • 3 delivered and 3 plan
Slide 14: USA: Defence orderbook
USA: Defence orderbook Significant order book >A$10bn in place across a range of ongoing and future programs Remaining vessel forecast profile USA order backlog(1) rsonal use only Delivered A$bn, approximate Program to date FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35+ Littoral Combat Ship 19 (LCS)
Slide 15: Through life support & sustainment
Through life support & sustainment Targeting A$500m in revenue by FY27 Key Commentary Support and Sustainment Revenue (A$m) rsonal use only Continued growth in support and sustainment revenue supported by: 467 477 • Addressable market growth across the US and Australia through the 441 increasing num
Slide 16: Austal technology
Austal technology A strong focus on technology development and innovation for future growth Key Technology Offerings rsonal use only MARINELINK Prime Motion Control VANTAGE Next-gen version of the MARINELINK integrated Advanced vessel stability program — interceptors, roll Autonomy-ready, optionally
Slide 17: Outlook
rsonal use only Outlook 17
Slide 18: Strategic Outlook
Strategic Outlook Increasing defence expenditure, A$16.5bn order book and strategic positioning support positive outlook Market demand Delivery and returns Capacity investment rsonal use only Defence spend Shipbuilding Henderson — Precinct Upgrades • Strong tailwinds from increasing defence expendit
Slide 19: Land Forces 2026
Land Forces 2026 Austal’s first exhibition at Land Forces 2026 in Perth rsonal use only 19
Slide 20: Questions?
rsonal use only Questions?
Slide 21: FY2026 Annual General Meeting Resolutions
FY2026 Annual General rsonal use only Meeting Resolutions
Slide 22: Resolution: Remuneration Report
Resolution 1 “That the Remuneration Report as set out in the Annual Report for the year ended 30 rsonal use only June 2026 be adopted.” Eligible proxies received : FOR AGAINST PROXY’S DISCRETION 278,977,149 34,133,525 298,769 89.01% 10.89% 0.10%
Slide 23: Resolution: Re-election of Lee Goddard
Resolution 2 “That Mr Lee Goddard, being a Director of the Company who retires in accordance with rsonal use only Article 8.1(d) of the Company’s Constitution, and, being eligible, is re-elected as a Director of the Company.” Eligible proxies received: Eligible proxies received: FOR AGAINST PROXY’S
Slide 24: Resolution: Share Rights to Lee Goddard
Resolution 3 “That, subject to approval of Resolution 2 above, pursuant to and in accordance with ASX Listing Rule rsonal use only 10.14 and for all other purposes, Shareholders approve the grant of up to $45,762 worth of Share Rights to Mr Lee Goddard CSC on the terms and conditions set out in the
Slide 25: Resolution: Share Rights to Kathryn Toohey
Resolution 4 "That, pursuant to and in accordance with ASX Listing Rule 10.14 and for all other purposes, rsonal use only Shareholders approve the grant of up to $45,762 worth of Share Rights to Ms Kathryn Toohey AM CSC on the terms and conditions set out in the Explanatory Memorandum, and any issue
Slide 26: Resolution: Share Rights to Brent Cubis
Resolution 5 “That, pursuant to and in accordance with ASX Listing Rule 10.14 and for all other purposes, Shareholders approve the grant of up to $45,762 worth of Share Rights to Mr Brent Cubis on the rsonal use only terms and conditions set out in the Explanatory Memorandum, and any issue of Shares
Slide 27: Resolution: Share Rights to Richard Gibb
Resolution 6 “That, subject to the approval of Resolution 2 above, pursuant to and in accordance with ASX Listing Rule 10.14 and for all other purposes, Shareholders approve the grant of up to $45,762 rsonal use only worth of Share Rights to Mr Richard Gibb on the terms and conditions set out in the
Slide 28: Resolution: Share Rights to Susan Murphy
Resolution 7 “That, subject to the approval of Resolution 3 above, pursuant to and in accordance with ASX Listing Rule rsonal use only 10.14 and for all other purposes, Shareholders approve the grant of up to $45,762 worth of Share Rights to Ms Susan Murphy on the terms and conditions set out in the
Slide 29: Resolution: STI Rights to Patrick Gregg
Resolution 8 That pursuant to and in accordance with ASX Listing Rule 10.14 and for all other purposes, Shareholders rsonal use only approve the grant of up to 44,690 STI Rights under the Austal Limited Rights Plan for FY2026 to Mr Patrick Gregg on the terms and conditions set out in the Explanatory
Slide 30: Resolution: LTI Rights to Patrick Gregg
Resolution 9 “That pursuant to and in accordance with ASX Listing Rule 10.14 and for all other purposes, Shareholders rsonal use only approve the grant of up to 501,264 LTI Rights under the Austal Limited Rights Plan for FY2027 to Mr Patrick Gregg on the terms and conditions set out in the Explanato
Slide 31: Resolution: Termination benefits approval
Resolution 10 "That, pursuant to and in accordance with sections 200C and 200E of the Corporations Act and for all other purposes, Shareholders approve the giving of benefits arising under the equity incentive plans to any current, past or future rsonal use only holder of a managerial or executive o
Slide 32: FY2026 Annual General Meeting Close
FY2026 Annual General rsonal use only Meeting Close
Slide 33: Glossary
Glossary AFDM Auxiliary Floating Dock Module LCU Landing Craft Utility rsonal use only CCPB Cape Class Patrol Boat LUSV Large Unmanned Surface Vessel DDG(X) Next Generation Guided Missile Destroyer MMF3 Module Manufacturing Facility #3 (for submarine modules) ECCPB Evolved Cape Class Patrol Boat NGL
Slide 34: Disclaimer
Disclaimer rsonal use only This presentation and any oral presentation accompanying it has been prepared by Austal Limited (“Austal”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in Austal or as an inducement to make an offer or invitation with r
Slide 35: Further Information
Further Information ASX:ASB Paddy Gregg, Chief Executive Officer Telephone: +61 8 9410 1111 www.austal.com rsonal use only Company Timeline 1988 2011 2023 2025 Perth, Western Australia Balamban, Philippines Alabama, Mobile Australia Commenced operations Commercial shipbuilding facility T-AGOS contra