SciDev Secures High Value Contracts

• Execution of $21.5M in new contracts across Oil & Gas, Mining and PFAS Remediation
• Secured $10M contract with blue-chip E&P company in the Permian Basin
• $2.5M contract for PFAS remediation at former Munmorah Power Station
• $6M, 3-year contract renewal with leading Australian resources company

SciDev Ltd (ASX: SDV) has secured new contracts and renewals across key market verticals valued at $21.5 million in May and June 2025, including in Oil & Gas, environmental remediation, and mining. Key highlights include the execution of a Master Services Agreement and first commercial order received from a blue-chip E&P company in the Permian Basin for the supply of Friction Reducer and CatChek, expected to generate up to $10 million in FY26. The company also secured a $2.5 million contract with Generator Property Management using FluoroFIX to treat legacy PFAS contamination at the former Munmorah Power Station in New South Wales, and a $6 million, three-year contract renewal with a leading Australian resources company for continued supply of MaxiFlox to a Queensland coal mine. Additionally, a supply contract was executed to support a major Victorian infrastructure project with the supply of MaxiFlox, with an expected value of $2m to be recognised in FY26, and a three-year MaxiFlox supply contract was secured with a major NSW water utility, expected to deliver $1m per annum in revenue.

Subject to future contract wins, Management expect to deliver FY26 revenue in the range of $120 - $140 million.

Strong outlook across US energy, international PFAS, and domestic mining sectors with further conversion of opportunities expected in early FY26. The above contract wins add further robustness to SciDev's existing orderbook of secured contracts and recurring revenues.