AVADA : to expand with acquisition in Victoria Presentation

ersonal use only

AVADA Group

Limited

Acquisition of

Construct

Traffic

20 June 2022

Important notice and disclaimer

This document dated 20 June 2022 has been prepared by AVADA Group Limited (ACN 648 988 783) (the Company) and is provided for information purposes only. It contains summary information about the Company and its activities and is current as at the date of this document. It should be read in conjunction with the Company's periodic and continuous disclosure announcements filed with the Australian Securities Exchange, available at www.asx.com.au.

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C rtain statements in this document constitute forward looking statements and comments about future events, including the Company's expectations about the performance of its business. Such forward looking statements involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company and which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Forward looking tatements are provided as a general guide only and should not be relied on as an indication or guarantee of future performance. Given these uncertainties, recipients are cautioned to not place undue reliance on any forward looking statement. Subject to any continuing obligations under applicable law the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements in this document to reflect any change in expectations in relation to any forward looking

tatements or any change in events, conditions or circumstances on which any such statement is based.
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use
Authorised for release by the Board of Directors of AVADA Group Limited
ersonal	AVADA Group Limited - Acquisition of Construct Traffic		Page 1

An overview of Construct Traffic

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LEADING PROVIDER OF TRAFFIC MANAGEMENT SERVICES IN VICTORIA

Construct Traffic ("Construct") was established in 2007 and is headquartered in Tullamarine, Melbourne. Construct provides traffic control and work zone safety throughout Melbourne and Victoria

Client base weighted to recurring maintenance work, including gas maintenance, councils, asphalt and road maintenance

Young fleet (average age < 5 years) with recent acquisitions to support revenue growth

Existing management to remain, with vendors agreeing to a 12 month earnout and remaining committed to integration and growth

	Vehicles	Traffic Controllers	Depots
VIC	131	342	1

AVADA Group Limited - Acquisition of Construct Traffic Page 2

Strategic rationale

only
use	Delivering
on goals of geographical
ersonal	expansion, consistent
with the strategy of
	AVADA

A PLATFORM FOR FURTHER GROWTH DELIVERED THROUGH REGIONAL EXPANSION

Establishing a presence in Victoria of a size and capability on which to build scale in the region

Benefits of diversification of existing footprint and customer base

Low risk integration plan, leveraging synergies of

AVADA

Accretive earnings profile

AVADA Group Limited - Acquisition of Construct Traffic Page 3

Strategic rationale

only
use	Delivering
on goals of geographical
ersonal	expansion, consistent
with the strategy of
	AVADA

POST ACQUISITION SERVICE NETWORK AND CAPABILITY

`

	Vehicles	Traffic Controllers	Depots
QLD(1)	632	1,213	19
NSW(1)	192	408	7
VIC	131	342	1
Total	955	1,963	27
Notes:

(1) As at 31 December 2021

AVADA Group Limited - Acquisition of Construct Traffic Page 4