Announcement PDF EMECO HOLDINGS LIMITED Macquarie Emerging Leaders Conference 17 – 18 June 2026 Reliance on third party information The information and views expressed in this Presentation were prepared by Emeco Holdings Ltd (the Company) and may contain information that has been derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. No responsibility or liability is accepted by the Company, its officers, employees, agents or contractors for any errors, misstatements in or omissions from this Presentation. Presentation is a summary only This Presentation is information in a summary form only and does not purport to be complete. It should be read in conjunction with the Company’s FY25 Annual Report and the Company's Interim Financial Report for the half year ended 31 December 2025. Any information or opinions expressed in this Presentation are subject to change without notice and the Company is not under any obligation to update or keep current the information contained within this Presentation. Not investment advice This Presentation is not intended and should not be considered to be the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisers. The information provided in this Presentation has been prepared without taking into account the recipient’s investment objectives, financial circumstances or particular needs. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. No offer of securities Nothing in this Presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell Company securities in any jurisdiction. Forward looking statements This Presentation may include forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, these statements are not guarantees or predictions of future performance, and involve both known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control. As a result, actual results or developments may differ materially from those expressed in the statements contained in this Presentation. Investors are cautioned that statements contained in the Presentation are not guarantees or projections of future performance and actual results or developments may differ materially from those projected in forward-looking statements. No liability To the maximum extent permitted by law, neither the Company nor its related bodies corporate, directors, employees or agents, nor any other person, accepts any liability, including without limitation any liability arising from fault or negligence, for any direct, indirect or consequential loss arising from the use of this Presentation or its contents or otherwise arising in connection with it. Non-IFRS Financial Information This Presentation may use non-IFRS financial information including Operating EBITDA, Operating EBITDA margin, Operating EBIT, Operating EBIT margin and Operating NPAT, net debt and return on capital (ROC). These measures are used to measure both Group and operational performance. A reconciliation of non-IFRS financial information to IFRS financial information is included in the presentation. Non-IFRS measures have not been subject to audit or review. Certain of these measures may not be comparable to similarly titled measures of other companies and should not be construed as an alternative to other financial measures determined in accordance with Australian accounting standards. IMPORTANT NOTICES AND DISCLAIMERS 2 JUNE 2026|EMECOGROUP.COM COMPANY OVERVIEW Equipment rental Fleet maintenance Equipment rebuilds Fleet optimisation technology Technical & engineering services Corporate Office Force Workshop Emeco Rental Revenue by commodity1 950+ EMPLOYEES ~840 FLEET SIZE 7 WORKSHOPS ~240 PROJECTS 32% 27% 10% 17% 4% 10% Gold Met Coal Iron Ore Thermal Coal Copper Other Notes: 1. 31 December 2025 Half Year AUSTRALIA’S LEADING RENTAL & MAINTENANCE PROVIDER 4 JUNE 2026|EMECOGROUP.COM Off-site Workshops, Inventory & Logistics Field Service Full Suite of Services Asset Management & Condition Monitoring Enhancing Value for Clients Providing Integrated Service Solutions END TO END RENTAL AND FLEET MANAGEMENT CAPABILITY Integrated Solutions for Long-term Partnerships Equipment Rental On-Site Maintenance  High-performance fleet  Guaranteed availability and reliability  Access to Australia’s largest mining rental fleet  Fleet optimisation  Cost and capital control  Predictive maintenance  Real-time data  Customer decision support  Driving availability and reliability  Diagnostic specialists  Supports Emeco and customer-owned fleet  Major repairs and rebuilds  Component rebuild facilities  Distribution centres  Located in Australia’s major mining regions  Full on-site maintenance services and personnel  Allows customer to focus on production  Customer-owned fleet as well as Emeco rental fleet Delivering Longer-Term Contracts FULLY MAINTAINED EQUIPMENT SERVICE MODEL JUNE 2026|EMECOGROUP.COM 5 RESILIENT BUSINESS MODEL Flexibility for Growth  Industry leading low net leverage forecast to be ~0.4x by 30 June 20262  Strong balance sheet provides flexibility for M&A in fragmented rental market  Strategic national footprint of 7 workshops, 80 field service units and ~750 maintenance people across Australia  Competitive advantage with technology-enabled asset management and condition monitoring teams  Clear customer value proposition with fully maintained rental offering  Maintenance earnings close to doubled over the last 12 months Operational Excellence Resilient Business Model  Resilient business model with significant free cash flow generation and a strong balance sheet (operating free cash flow1 over past 3 years totals $312M)  Robust earnings across market cycles Notes: 1. Operating free cash flow after interest, tax and SIB capex. Three years ending 31 December 2025. 2. Net debt / Operating EBITDA (excludes supply chain funding) Leveraging over 50 years of heavy equipment and maintenance expertise Robust Outlook  Commodity production outlook remains robust  Opportunity to grow both organically and inorganically  Well-positioned to service emerging battery-powered equipment market  Application of AI and machine-learning to future proof the business RESILIENT BUSINESS MODEL, POSITIONED FOR GROWTH 7 JUNE 2026|EMECOGROUP.COM PERFORMANCE HISTORY – HALF ON HALF Revenue ($M) 1 Operating EBITDA ($M) 2 Operating EBIT ($M) 2 Operating NPAT ($M) 2 Notes: 1. Excludes discontinued underground contract mining services revenue 2. Operating financial metrics are non-IFRS measures. Refer to Appendix slide Reconciliations - Statutory to non-IFRS disclosure 3. Net debt / Operating EBITDA (excludes supply chain funding) 4. Operating free cash flow after interest, tax and SIB capex 5. Return on capital (ROC) calculated as LTM Operating EBIT over average capital employed 137 143 146 155 155 1H24 2H24 1H25 2H25 1H26 61 65 68 77 77 1H24 2H24 1H25 2H25 1H26 33 35 38 46 46 1H24 2H24 1H25 2H25 1H26 1.06 1.00 0.84 0.65 0.46 1H24 2H24 1H25 2H25 1H26 40 47 49 65 67 1H24 2H24 1H25 2H25 1H26 15 15 16 17 18 1H24 2H24 1H25 2H25 1H26 32% 37% 38% 39% 37% 14% 17% 18% 19% 18% 1H24 2H24 1H25 2H25 1H26 EBITDA Margin EBIT Margin Net Leverage (x) 3 Operating Free Cash Flow ($M) 2,4 Operating EBITDA & EBIT Margin2 ROC (%) 5 348 383 387 398 421 1H24 2H24 1H25 2H25 1H26 History of half on half growth across key metrics JUNE 2026|EMECOGROUP.COM External factors temporarily impacted utilisation with expected reversion to normal range in FY27 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% FY21 FY22 FY23 FY24 FY25 1H26 2H26f 1H27f 2H27f Normal range: 83 to 88% Recovery in FY27 EXTERNAL FACTORS TEMPORARILY IMPACTING UTILISATION 1 Wet weather Prolonged QLD wet season reduced site activity and operational equipment utilisation. 2 Supply chain challenges and fuel price uncertainty Affected the timing of customer operational decisions, delaying fleet redeployment. EQUIPMENT UTILISATION AND PRODUCTION OUTLOOK SURFACE EQUIPMENT UTILISATION MINE PRODUCTION OUTLOOK Metallurgical Coal Moderate growth in metallurgical coal production outlook. Thermal Coal Stable production outlook Gold Record prices, active WA expansion with strong production outlook Iron Ore Modest annual growth in Australian iron ore production 9 JUNE 2026|EMECOGROUP.COM FY26 RESULTS UPDATE AND FY27 OUTLOOK Emeco continues to deliver resilient earnings and margins, strong cash flow and continued deleveraging of the balance sheet $290-295M Operating EBITDA1,5 $145-150M Operating EBIT 1,5 $100-110M Operating free cash flow 1,2,3,5 THE PATH FORWARD FY27 Significant free cash flow and substantial deleveraging Forecast Surface Utilisation Rate at 30 June 2027 Forecast utilisation rates at 30 June 2027, consistent with achieving 20% ROC6 in FY28, with surface ~90%, underground ~80% ~0.4x Net leverage at 30 June 20261,4 Stable earnings relative to FY26, with a second half weighting ~90% Notes: 1. Earnings expectations for FY26 are subject to expected trading to 30 June 2026 and subject to audit. 2. Subject to expected debtor collections. 3. Operating free cash flow after interest, tax and SIB capex 4. Net debt / Operating EBITDA (excludes supply chain funding) 5. Operating financial metrics are non-IFRS measures. Refer to Appendix slide Reconciliations - Statutory to non-IFRS disclosure 6. Return on capital (ROC) calculated as LTM Operating EBIT over average capital employed Emeco will remain focused on:  Ongoing improvements of financial metrics – ROC, cash flow  Increasing fleet utilisation  Growth in our fully maintained rental projects  Expansion of our maintenance services offering  Continuing to build our competitive advantage - improving cost and operational performance, further digitisation of the business  Opportunistic sector consolidation Recovery in FY27 FY26 EXPECTED FY26 RESULTS Expectations include: Improving utilisation throughout FY27, following redeployment of fleet in the first half 10 JUNE 2026|EMECOGROUP.COM STRATEGY Organic Growth Grow maintenance earnings  Grow maintenance earnings by leveraging unique value proposition of asset management, reliability engineering and technology  Convert dry rental contracts to fully maintained contracts Operating Leverage Target 20% ROC1  Increase equipment utilisation – exit FY27 surface at 90% and underground at 80%  Target standalone fully maintained projects Long-term Earnings Expansion Grow low capital earnings  Target acquisition of maintenance service businesses  Organically grow acquired businesses  Expand into adjacent services Net Leverage2 Target: Net Debt/EBITDA 0.5 – 1.0x Flexibility to:  Invest in capability  Pursue inorganic growth  Further reduce debt  Return capital to shareholders Build Scale Opportunistic sector consolidation  Create scale through opportunistic acquisitions of rental competitors  Expand maintenance footprint organically through acquired rental businesses FOCUSED ON DRIVING GROWTH Disciplined capital allocation Value creation through operational leverage, building scale and expansion of earnings base Notes: 1. Return on capital (ROC) calculated as LTM Operating EBIT over average capital employed 2. Net debt / Operating EBITDA (excludes supply chain funding) 12 JUNE 2026|EMECOGROUP.COM 1H25 2H25 1H26 Notes: 1. Gross revenue includes internal and external revenue before intercompany eliminations 2. Gross operating EBITDA and gross operating EBIT include internal and external earnings before intercompany eliminations 3. Operating financial metrics are non-IFRS measures. Refer to Appendix slide Reconciliations - Statutory to non-IFRS disclosure 1H25 2H25 1H26 201 203 241 MAINTENANCE PLATFORM Gross Revenue ($M) 1,2 Gross Operating EBITDA ($M) 2,3 Gross Operating EBIT ($M) 2,3 1H25 2H25 1H26 21 22 40 18 19 37 Workshop & Maintenance Services 241 242 Gross Revenue $M1 37 72 Gross Operating EBIT ($M)1 Rental Maintenance Workshop Internal Workshop External Equipment Hire Low-capital earnings through workshop & maintenance services have almost doubled over the last 12 months. Maintenance services is a key focus to grow the business organically and through M&A. JUNE 2026|EMECOGROUP.COM 13 • Mining equipment rental market fragmented • Synergistic acquisition opportunities exist in the rental market which are currently being assessed by management • Opportunity to expand maintenance portfolio post-acquisition to grow low capital earnings • Opportunity to expand and freshen fleet and diversify client portfolio • Low leverage creates capacity for substantial debt funding POTENTIAL CONSOLIDATION IN EQUIPMENT RENTAL MARKET Emeco is well positioned to consider M&A opportunities in fragmented rental equipment market 14 JUNE 2026|EMECOGROUP.COM SUMMARY SUMMARY SUMMARY • Increasing fleet utilisation • Growth in our fully maintained rental projects • Expansion of our maintenance services offering • Continuing to build our competitive advantage - improving cost and operational performance and further digitisation of the business • Resilient business model • Strong earnings profile • Robust commodity production outlook • Strong balance sheet providing flexibility to consider M&A in fragmented rental market • Well-positioned to service emerging battery- powered equipment market Business underpinned by: Focused on: Resilient business model with robust outlook Emeco expects a robust production outlook which underpins stable earnings in FY27, with a second half skew in line with equipment redeployment and improving utilisation. 16 JUNE 2026|EMECOGROUP.COM APPENDICES - RECONCILIATIONS RECONCILIATIONS–STATUTORYTONON-IFRSDISCLOSURE RECONCILIATIONS – STATUTORY TO NON-IFRS DISCLOSURE $M NPAT EBIT EBITDA Statutory 38.7 65.8 144.9 Tangible asset impairment 0.5 0.5 - Long-term incentive expense 2.0 2.0 2.0 Restructuring costs 0.4 0.4 0.4 Corporate and strategic costs 7.6 7.6 7.6 Gain or loss on sale of equipment 0.6 0.6 0.6 Tax effect on non-operating items (3.3) - - Operating 46.5 77.0 155.5 1H25 Statutory to operating reconciliation $M NPAT EBIT EBITDA Statutory 33.6 61.5 139.3 Tangible asset impairment 0.3 0.3 - Long-term incentive expense 1.8 1.8 1.8 Restructuring and sale completion costs 2.5 2.5 2.5 Corporate and strategic costs 2.1 2.1 2.1 Gain or loss on sale of equipment - - - Tax effect on non-operating items (2.0) - - Operating 38.3 68.3 145.8 1H26 Statutory to operating reconciliation • Tangible asset impairments: Net impairments totalling $0.5M were recognised across the business on assets held for sale • Long-term employee incentive program: $2.0M of non-cash expenses in 1H26 (1H25: $1.8M) • Restructuring costs: Relate to termination costs on overhead reduction • Corporate and strategic costs: $7.6M in 1H26 (1H25: $2.1M) • Tax effect of adjustments: Notional tax on above adjustments at 30% 18 JUNE 2026|EMECOGROUP.COM RECONCILIATIONS–STATUTORYTONON-IFRSDISCLOSURE RECONCILIATIONS – STATUTORY TO NON-IFRS DISCLOSURE $M 1H25 1H26 Operating EBITDA 145.8 155.5 Working capital (9.7) 11.3 Net financing costs (12.6) (13.0) Cash from operating activities (non-IFRS) 123.5 153.8 Net sustaining capex (74.7) (86.7) Operating free cash flow (non-IFRS) 48.8 67.1 Non-operating costs (4.7) (8.6) Free cash flow (non-IFRS) 44.1 58.5 Net debt and lease repayments (12.2) (13.7) Capital management activities - - Financing cash flows (statutory) (12.2) (13.7) Growth capex - - Investing cashflows (excl sustaining capex) - - Net cash movements 31.9 44.8 Opening cash 78.3 126.4 Closing cash 110.2 171.2 Cash flow reconciliation $M 30 June 2025 31 December 2025 AMTN AUD secured notes 250.0 250.0 Revolving credit facility - - Lease liabilities and other 71.3 64.5 Total debt 321.3 314.5 Cash (126.4) (171.2) Net debt 194.9 143.3 Operating EBITDA (Rolling 12 months) 301.1 311.1 Leverage ratio 0.6x 0.5x Net debt and leverage reconciliations Notes 1. Figures may not add due to rounding 19 JUNE 2026|EMECOGROUP.COM RECONCILIATION:MAINTENANCEEARNINGS RECONCILIATION: MAINTENANCE EARNINGS Revenue FY22 FY23 FY24 1H25 2H25 FY25 1H26 Force - External [A] 90.6 156.5 166.2 87.1 82.9 170.0 78.5 Force - Internal [B] 83.1 90.2 116.2 55.5 48.0 103.5 62.1 Force Gross Revenue 173.7 246.7 282.4 142.6 130.9 273.5 140.5 Elimination - 83.1 - 90.2 - 116.2 - 55.5 - 48.0 - 103.5 - 62.1 Force Segment 90.6 156.5 166.2 87.1 82.9 170.0 78.5 Rental - Maintenance [C] 62.2 79.1 90.9 58.6 72.7 131.3 100.3 Rental - Equipment Hire 615.6 639.3 566.1 241.4 242.3 483.7 241.9 Rental Segment 677.8 718.4 657.0 300.0 315.0 615.0 342.2 Maintenance [A] + [B] +[C] 235.9 325.8 373.3 201.2 203.6 404.8 240.9 Op. EBITDA FY22 FY23 FY24 1H25 2H25 FY25 1H26 Force - External [A] 9.0 11.8 15.8 7.8 7.6 15.4 6.5 Force - Internal [B] 11.3 13.2 21.8 10.1 8.7 18.8 11.9 Force Gross Op. EBITDA 20.3 25.0 37.6 17.9 16.3 34.2 18.3 Elimination - 11.3 - 13.2 - 21.8 - 10.1 - 8.7 - 18.8 - 11.9 Force Segment - Operating 9.0 11.8 15.8 7.8 7.6 15.4 6.5 Non-operating items 0.0 - 0.0 0.0 0.0 - 0.6 - 0.6 0.0 Force Segment - Statutory 9.0 11.8 15.8 7.8 7.0 14.8 6.5 Rental - Maintenance [C] 1.6 13.8 8.2 3.5 6.2 9.7 21.8 Rental - Equipment Hire 271.3 263.1 300.9 155.5 163.8 319.3 146.2 Rental Segment - Operating 272.9 276.9 309.1 159.0 170.0 329.0 168.0 non-operating items 0.0 - 23.0 - 2.1 - - 2.9 - 2.9 - 1.1 Rental Segment - Statutory 272.9 253.9 307.0 159.0 167.1 326.1 166.9 Maintenance [A] + [B] +[C] 21.9 38.8 45.8 21.4 22.5 43.9 40.1 Op. EBIT FY22 FY23 FY24 1H25 2H25 FY25 1H26 Force - External [A] 5.6 7.3 9.4 4.3 4.0 8.3 3.1 Force - Internal [B] 11.3 13.2 21.8 10.1 8.7 18.8 11.9 Force Gross Op. EBITDA 16.9 20.5 31.2 14.4 12.7 27.1 15.0 Elimination - 11.3 - 13.2 - 21.8 - 10.1 - 8.7 - 18.8 - 11.9 Force Segment - Operating 5.6 7.3 9.4 4.3 4.0 8.3 3.1 Non-operating items - 0.0 - 0.0 0.0 - 0.0 - 0.6 - 0.6 0.0 Force Segment - Statutory 5.6 7.3 9.4 4.3 3.4 7.7 3.1 Rental - Maintenance [C] 1.6 13.8 8.2 3.5 6.2 9.7 21.8 Rental - Equipment Hire 146.4 125.2 153.3 82.5 88.8 171.3 72.2 Rental Segment - Operating 148.0 139.0 161.5 86.0 95.0 181.0 94.0 non-operating items 0.0 - 24.0 - 18.3 - 0.7 - 2.1 - 2.8 - 2.1 Rental Segment - Statutory 148.0 115.0 143.2 85.3 92.9 178.2 91.9 Maintenance [A] + [B] +[C] 18.5 34.3 39.4 17.9 19.0 36.8 36.8 Notes 1. Figures may not add due to rounding 20 JUNE 2026|EMECOGROUP.COM APPENDICES – ADDITIONAL CONTENT TECHNOLOGY-ENABLED ASSET MANAGEMENT Condition Monitoring & Predictive Maintenance | ACTIVE  AI/ML-enhanced oil sample analysis  Active telemetry and condition monitoring across 200+ machines Equipment Reliability Intelligence | ACTIVE  First-generation in-house agentic reliability solution  Pattern analysis, root cause investigations and automated analytical workflows  Drives improved decision-making and response times Digitisation of Work Management | ROLLING OUT  Digitising all paper-based field and workshop activities  Standardised work practices driving improved maintenance and decision making  Foundation for broader AI application across the business Building AI/ML Capability | EXPLORING  Investigating applications of AI/ML across asset knowledge, field quality, services delivery and commercial processes  Early proof-of-concept work underway to assess feasibility and business value 22 Expert review Our Asset Management, Reliability, and Field Service teams are applying AI and machine learning to drive better equipment reliability, lower cost and longer asset life for our customers JUNE 2026|EMECOGROUP.COM FLEXIBLE EQUIPMENT FLEET Open-cut fleet Type Count Trucks 376 Dozers 167 Loaders 75 Graders 48 Excavators 48 Ancillary 9 Total 723 Underground fleet Type Count LHD Loaders 40 Trucks 26 Jumbo Drills & Cable Bolters 16 Production Drills 5 Charge Unit 8 Other 22 Total 117 Source: Emeco fleet data as of June 2026 Emeco’s fleet is strategically configured to suit all Australian mining regions and commodities 23 JUNE 2026|EMECOGROUP.COM ThankYou Thank You Investor enquiries: Theresa Mlikota Chief Financial Officer Investor.relations@emecogroup.com emecogroup.com 24