Macmahon Holdings Limited · ASX:MAH
Macmahon — Shareholder Meeting (October 2026)
33 slides from Macmahon's shareholder meeting presentation, Oct 23, 2026
Slide 1: 2026 Annual General Meeting
rsonal use only 2026 ANNUAL GENERAL MEETING 23 October 2026
Slide 2: Acknowledgement of Country
Acknowledgement of Country rsonal use only Macmahon acknowledges the Whadjuk Noongar people as the Traditional Custodians of the land on which we meet today. We pay our respects to their Elders past and present and recognise their continuing connection to Country, culture and community. We also ackn
Slide 3: Macmahon Board of Directors
Macmahon Board of Directors rsonal use only GREG EVANS MICHAEL FINNEGAN DHARMENDRA CHANDRAN SUZAN PERVAN Independent, Managing Director Independent, Independent, Non - Executive Chair and Chief Executive Officer Non - Executive Director Non - Executive Director ARIEF SIDARTO TOM QUINN GRAHAME WHITE
Slide 4: Macmahon Executive Management Team
Macmahon Executive Management Team rsonal use only MICHAEL FINNEGAN URSULA LUMMIS PETER POLLARD NICOLA HAMILTON MAHA CHAAR CEO & Managing Director Chief Financial Officer Chief Corporate Chief People Officer General Counsel Development Officer & Company Secretary JASON MCCALLUM LUKE REYMOND DEON BAD
Slide 5: Notice of Meeting
5 rsonal use only Notice of Meeting
Slide 6: AGM Proceedings
AGM Proceedings 1. PROCEDURE FOR MEETING rsonal use only 2. CHAIR’S ADDRESS 3. MANAGING DIRECTOR & CEO’S ADDRESS 4. ORDINARY BUSINESS: • Financial and Other Reports • Resolutions 1 -5 5. OTHER BUSINESS 2026 Annual General Meeting 6
Slide 7: How to vote
How to vote 1. When the poll is open, select the rsonal use only vote icon at the top of the screen 2. To vote, select either For, Against or Abstain 3. You will see a vote confirmation 4. To change or cancel your vote “click here to change your vote” at any time until the poll is closed 2026 Annual
Slide 8: How to ask a question
How to ask a question 1. To ask a written question, select the Q rsonal use only & A icon 2. Select the topic your question relates to from the drop - down list 3. Type your question in the text box and press the send icon 4. To ask a verbal question follow the instructions below the broadcast windo
Slide 9: Chair's Address
rsonal use only Chair’s Address Greg Evans
Slide 10: Managing Director & CEO's Address
rsonal use only Managing Director & CEO’s Address Mick Finnegan
Slide 11: FY26 Financial Highlights
FY26 Financial Highlights Record revenue and earnings Revenue Underlying EBITDA 1 Underlying EBIT(A) 1 rsonal use only $2.6bn 8% 5 $393.8m 2 % $190.1m 11% FY2 7 Secured Revenue of $2.2bn 15.0% EBITDA margin 7.3% EBIT(A) margin Underlying Operating Cash Flow 2 Free Cash Flow 3 Total Dividend $387.
Slide 12: Mining Highlights
Mining Highlights Highly experienced and specialised team providing the full suite of surface and underground mining development and production se rvices Surface Mining Revenue Underlying EBITDA • Awarded $792m 3 -year extension contract at Byerwen with 2 -year extension rsonal use only option to in
Slide 13: Civil Infrastructure Highlights
Civil Infrastructure Highlights Over 40 years experience delivering integrated construction and engineering solutions Civil Infrastructure Revenue Underlying EBITDA rsonal use only • $500m of new work awarded: - $51m Waddi Wind Farm $672m $42m - $104m Marble Bar Road Upgrade FY25: $437m 54% FY25:
Slide 14: Corporate Highlights
Corporate Highlights Positioning the group for improved returns Acquisition of Aspect Engineering Solutions rsonal use only • Provides a scalable engineering and minerals processing growth platform broadening Macmahon’s participation across the mining value chain • FY26 Aspect generated approximatel
Slide 15: People and Safety
People and Safety Focused on the safety and development of our people SAFETY INJURY FREQUENCY rsonal use only • Group TRIFR decreased from 2.99 in FY25 to 1.98 in FY26 RATES & WORKFORCE 10,220 10,004 • Successfully implemented and embedded Evotix HSEQ system, improving reporting 9,676 consistency, d
Slide 16: Strategic Journey
Strategic Journey Diversification and Improved ROACE FY17 Revenue Mix FY26 Revenue Mix Indonesian Growth rsonal use only TARGETING 11% Our Strategic Target 15- 20% OF GROUP REVENUE 26% $360m $2.6bn 50% 24% 89% Revenue Mix FY17 Pipeline FY26 Pipeline 5% 35% 40% $6.1bn $25.0bn ROACE TARGET >25% 25% 95
Slide 17: Capital Allocation to Balance Growth and Shareholder Returns
Capital Allocation to Balance Growth and Shareholder Returns Consistent and disciplined allocation of capital rsonal use only Our Priorities Our Record Maintain resilient Maintain Financial Strength Investment in Growth Return Cash to Shareholders balance sheet, Continue to reduce gearing and net de
Slide 18: FY27 Guidance & Priorities
FY27 Guidance & Priorities Outlook for further growth in FY27 FY27 PRIORITIES FY27 GUIDANCE rsonal use only • No life changing events, reduction in TRIFR • Continuing to drive operational improvements • Remain focused on increasing ROACE, generating Free Cash Revenue Underlying EBIT(A) Flow and low
Slide 19: Ordinary Business
rsonal use only Ordinary Business 19
Slide 20: Financial and Other Reports
Financial and Other Reports To receive and consider the Annual rsonal use only Financial Report for the year ended 30 June 2026 and the related: 1. SUSTAINABILITY REPORT 2. DIRECTORS’ REPORT 3. AUDITOR’S REPORT 2026 Annual General Meeting 20
Slide 21: Resolution: Adoption of Remuneration Report
Resolution 1 ADOPTION OF REMUNERATION REPORT rsonal use only • The Remuneration Report is included on pages 126 -145 of the Directors’ Report in the 2026 Annual Report. To consider and, if thought fit, to pass the following as an ordinary resolution: “That for the purposes of section 250R(2) of the
Slide 22: Resolution: Adoption of Remuneration Report Results
Resolution 1 ADOPTION OF REMUNERATION REPORT rsonal use only For 1,216,295,914 67.08% Against 574,928,551 31.71% At the Proxy's Discretion 21,852,874 1.21% Abstain 176,558 - Excluded 500,000 - Total Proxy Votes 1,813,753,897 100% 2026 Annual General Meeting 22
Slide 23: Re-election of Ms Suzan Pervan as a Director
Resolution 2 RE - ELECTION OF MS SUZAN PERVAN AS rsonal use only A DIRECTOR • To consider and, if thought fit, to pass the following as an ordinary resolution: Suzan Pervan Independent, Non-Executive Director “That Ms Suzan Pervan, a Director appointed by the Board to fill a casual Suzan joined the
Slide 24: Re-election of Ms Suzan Pervan Results
Resolution 2 RE - ELECTION OF MS SUZAN PERVAN AS A DIRECTOR rsonal use only For 1,780,952,022 98.2% Against 30,470,521 1.68% At the Proxy's Discretion 2,146,397 0.12% Abstain 184,957 - Total Proxy Votes 1,813,753,897 100% 2026 Annual General Meeting 24
Slide 25: Re-election of Mr Tom Quinn as a Director
Resolution 3 RE - ELECTION OF MR TOM QUINN AS A rsonal use only DIRECTOR • To consider and, if thought fit, to pass the following as an ordinary resolution: Tom Quinn Independent, Non-Executive Director “That Mr Tom Quinn, a Director appointed by the Board to fill a casual Tom joined the Board as a
Slide 26: Re-election of Mr Tom Quinn Results
Resolution 3 RE - ELECTION OF MR TOM QUINN AS A DIRECTOR rsonal use only For 1,778,010,147 99.10% Against 14,060,644 0.78% At the Proxy's Discretion 2,146,397 0.12% Abstain 19,536,709 - Total Proxy Votes 1,813,753,897 100% 2026 Annual General Meeting 26
Slide 27: Re-election of Mr Arief Sidarto as a Director
Resolution 4 RE - ELECTION OF MR ARIEF SIDARTO AS rsonal use only A DIRECTOR • To consider and, if thought fit, to pass the following as an ordinary resolution: Arief Sidarto Non-Independent, Non-Executive Director “That Mr Arief Sidarto, a Director appointed by the Board to fill a casual Mr Sidarto
Slide 28: Re-election of Mr Arief Sidarto Results
Resolution 4 RE - ELECTION OF MR ARIEF SIDARTO AS A DIRECTOR rsonal use only For 1,775,258,388 97.9% Against 35,893,179 1.98% At the Proxy's Discretion 2,147,577 0.12% Abstain 454,753 - Total Proxy Votes 1,813,753,897 100% 2026 Annual General Meeting 28
Slide 29: Increase in Maximum Aggregate Remuneration for Non-Executive Directors
Resolution 5 INCREASE IN THE MAXIMUM AGGREGATE ANNUAL REMUNERATION FOR NON - EXECUTIVE rsonal use only DIRECTORS • To consider and, if thought fit, to pass the following as an ordinary resolution: “That, pursuant to ASX Listing Rule 10.17 and rule 10.2 of the Company’s Constitution, the maximum aggr
Slide 30: Non-Executive Director Remuneration Increase Results
Resolution 5 INCREASE IN THE MAXIMUM AGGREGATE ANNUAL REMUNERATION FOR NON - EXECUTIVE rsonal use only DIRECTORS For 1,787,848,203 98.64% Against 2,968,642 0.16% At the Proxy's Discretion 21,724,674 1.2% Abstain 712,378 - Excluded 500,000 - Total Proxy Votes 1,813,753,897 100% 2026 Annual General Me
Slide 31: Other Business
rsonal use only Other Business 31
Slide 32: Thank You
Thank You rsonal use only www.macmahon.com.au 2026 Annual General Meeting 32
Slide 33: Important Notice and Disclaimer
Important Notice and Disclaimer Disclaimer as to forward looking statements implied in any forward looking statement, except to the This presentation does not consider the individual extent required by law. You are cautioned not to place investment objectives, financial or tax situation or needs of
Macmahon Holdings — Shareholder Meeting (October 2026) on 6ix