Investor Presentation - Acquisition of Entire

• Acquisition of Entire Operations Pty Ltd for up to $112.1m
• Transaction expected to be immediately accretive
• Entire's capabilities to expand SCEE's multi-disciplinary offerings
• Expected to contribute additional $60m+ in recurring revenue

Southern Cross Electrical Engineering Ltd (ASX:SXE) has entered into a Share Purchase Agreement to acquire 100% of Entire Operations Pty Ltd for a total consideration of up to $112.1m on a cash-free debt-free basis. The acquisition includes $70.0m in upfront cash and up to $42.1m in deferred consideration based on future EBIT performance. Entire, a leading provider of integrated fire protection and mechanical (HVAC) services, will expand SCEE's multi-disciplinary offerings and geographic reach, particularly in Victoria. The acquisition is expected to contribute over $60m in additional recurring maintenance, minor works, and services revenue, with an anticipated completion date of 1 November 2026.

SCEE's FY27 EBITDA guidance increased to at least $110m with further growth expected in both SCEE and Entire

The acquisition aligns with SCEE's M&A strategy, offering further geographic diversification, expansion into new and existing adjacent disciplines, and increased exposure to recurring services and maintenance works.