For personal use only

Announcement to Shareholders and the ASX

SAUNDERSINTERNATIONAL LIMITED

ABN 14 050 287 431

Sydney - Thursday 24 February 2022

FY22-H1 Investor Presentation - correction

Saunders International Limited (ASX:SND) (Saunders) provides an updated version of its FY22-H1 Investor Presentation which can also be found on the Saunders website at:

https://saundersint.com/announcements-to-asx/

Saunders notes that the Earnings Per Share on page titled Performance Highlights was incorrect in the typeset version of the Investor Presentation lodged on 24 February 2022 and has been updated in the attached version.¹

Authorised for release by Mark Benson, Chief Executive Officer and ManagingDirector.

About Saunders International Limited

Saunders International Limited (ASX code: SND) is a multi-disciplined engineering and construction company providing design, fabrication, construction, shutdown, maintenance and industrial automation services to leading organisations across Australia and the Pacific Region. The Saunders Group provides innovative cost-effective solutions to the oil & gas, infrastructure, defence, water, energy, mining & minerals sectors. The Saunders Group is driven by a commitment to safety, innovation, excellence and growth while delivering high quality engineered solutions across the complete asset lifecycle.

For further information, please contact:

Mark Benson, Managing Director & Chief Executive Officer

(02) 9792 2444

  • The Earning per share was correct in the FY22-H1 Interim Financial Reportlodged with the ASX on 24 February 2022.

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INVESTOR PRESENTATION

FY22 H1

Mark Benson

Rudy Sheriff

ersonal

Managing Director &24 FEBRUARY 2021Chief Financial Officer Chief Executive Officer

PERFORMANCE HIGHLIGHTS

only$46.4m

REVENUE

use$5.1m

EBITDA

ersonal11.1%

EBITDA MARGIN

$0.027

EARNINGS PER SHARE

$30.5m

CASH ON HAND

$0.01

FY22 H1 INTERIM DIVIDEND

$223m

ORDER BOOK

$1,029m

TENDER PIPELINE

CORPORATE OVERVIEW

only

Capital Structure

ASX Code

SND

Shares on issue

105,244,051

Share price as at 19 January 2022

$1.00

use

$105.24m

Market capitalization as at as 19 January 2022

Net Cash as at 31 December 2021

$30.5 m

Board and Company Secretary

ersonal

Chairman

Tim Burnett

M rk Benson

Managing Director

Greg Fletcher

Non-Executive Director

Nick Yates

Non-Executive Director

Rudy Sheriff

Company Secretary

SND Performance against ASX300

Substantial Shareholders

Desmond Bryant

24,316,811

NAOS Asset Management Limited

23,433,595

Anacacia Pty Limited

12,430,740

Timothy Burnett

11,686,311

OPERATIONAL HIGHLIGHTS

SAFETY

Our unwavering commitment to safety ensures Zero Harm remains our

t p priority.

only

Our plant, equipment and stores team celebrated 3 years without a

safety incident.

use Safety initiatives commenced as part of our "Raise the Bar" programme which will focus on improvingour already strong safety culture.

ersonal One of these initiatives led by the Executive Leadership team and the Bo rd will focus over the next six months on site visits and proactive

safety interactions.

Photo: Saunders Plant, Equipment & Stores Team

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Disclaimer

Saunders International Limited published this content on 23 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 00:11:03 UTC.