• SGH is a leading Australian diversified operating business focused on industrial services and energy
• Safety remains the utmost priority, but the company tragically experienced two workplace fatalities in FY25
• SGH continues to make progress on decarbonisation and the circular economy across its businesses

SGH Ltd held its Annual General Meeting, with Chairman Terry Davis and Managing Director & CEO Ryan Stokes providing updates on the company's operations, safety, sustainability, and financial performance. SGH is a leading Australian diversified operating business focused on industrial services and energy, owning market-leading businesses such as WesTrac, Coates, Boral, and SGH Energy. The company delivered record earnings, enhanced return on capital, and reduced leverage in FY25, reflecting its strategic discipline and operational excellence. However, the year also brought challenges, as the company tragically experienced two workplace fatalities. The Board has taken steps to strengthen safety practices and accountability, including adjusting executive incentives. SGH continues to make progress on decarbonisation and the circular economy, with initiatives such as increased alternative fuel use, solar investments, and increased recycling volumes. The company's disciplined operating model, the SGH Way, provides a framework for scaling best practices and ensuring consistent performance across the businesses. SGH's capital allocation strategy is focused on sectors with long-duration demand, supporting through-the-cycle performance in areas like infrastructure, construction, mining production, and transitional energy. The company remains well-positioned to capitalize on these market dynamics and continue delivering value for shareholders.