Investor Presentation - Recent Acquisition & Divestment

Investor presentation providing context for the recent announcements:

1. Verbrec divests Competency Training for $11.5 million

2. Verbrec acquires Alliance Automation

The divestment of Competency Training allows Verbrec to further strengthen it's balance sheet, with the resulting funds allowing Verbrec to invest in delivering shareholder returns through organic growth opportunities and acquisitions that support Verbrec's purpose of 'enabling a sustainable future for our clients and their customers.'

The acquisition of Alliance Automation, on a pro-forma basis, adds over $60 million in annualised revenues, increases Verbrec's work in hand by over 100% and results in a combined group with approximately 700 team members across 18 locations in Australia and New Zealand.

The acquisition of Alliance Automation will provide growth opportunities and synergies to the combined group. Verbrec's current management team have a strong track record of improving business performance. Verbrec aims to increase revenues, enhance project delivery to reduce cost of goods sold and realise synergies in expenses to bring the combined group's EBITDA margin to 8.0% - 10/0% over time.