• Strong FY2025 performance despite global complexities
• Commitment to safety, sustainability, and long-term value creation
• Diversification, capital discipline, and innovation driving resilience

Worley's Chair, Mr. John Grill, opened the AGM by highlighting the company's progress and achievements over the past year. He emphasized the importance of the company's people in delivering on its purpose of creating a more sustainable world. Safety and wellbeing remain the highest priorities, with the Board deeply engaged on critical risk controls and workplace behavior. Despite the complex global operating environment, Worley demonstrated resilience, diversification, and disciplined execution, delivering consistent results and positioning the company for long-term value creation. The company continued to enhance its enterprise risk management and sustainability efforts, with 60% of aggregated revenue being sustainability-related in FY2025. Worley's strategic imperatives of Strengthen, Expand, and Innovate remain the focus, with the company working to leverage new growth adjacencies and AI-enabled solutions. The Board also underwent changes, with the announcement of a new Chair of the Health, Safety and Sustainability Committee and the appointment of a new independent non-executive director. In the CEO's address, Mr. Chris Ashton provided an overview of Worley's FY2025 performance, which reflected strong commercial and financial discipline. The company delivered growth in revenue, earnings, and margins, underpinned by diversification and capital management. Worley highlighted several major projects, including the Venture Global CP2 Phase 1 LNG export terminal, the Rincon Mining lithium carbonate plant in Argentina, and various low-carbon hydrogen and renewable fuels projects. Looking ahead, Worley remains focused on its strategic priorities, with a new operating model to enhance delivery of major projects and programs. The company expects moderate growth in FY2026, with earnings weighted more heavily to the second half due to one-off costs associated with capability repositioning and cost base resetting. Worley's purpose of delivering a more sustainable world continues to guide the company's actions, with its unique values inspiring and guiding the team in all interactions.

For the FY2026 financial year, Worley expects moderate growth in revenue and underlying EBITA, with the underlying EBITA margin, excluding procurement, to remain within a range of 9.0-9.5%.

Worley remains confident in the strength of its diversified business model, global scale and capability, and market trends that continue to support medium to long-term growth. The company is working to leverage new growth adjacencies and AI-enabled solutions to drive innovation and deliver better outcomes for customers.