SigmaRoc plc Mello Conference London - 26/27 Novembe 2018 7 - 9 - PowerPoint PPT Presentation

INTRODUCTION CORE STRATEGY PERFORMANCE REVIEW OUTLOOK 2018 AND BEYOND CONTACTS SigmaRoc plc Mello Conference London - 26/27 Novembe‘ 2018 7 - 9 Swallow St‘eet London W1B 4DE United Kingdom Phone: +44 20 7129 7828 Email: info@’igma‘oc.com Web: www.’igma‘oc.com 1 / Strictly Confidential - SigmaRoc 2018

INTRODUCTION CORE STRATEGY PERFORMANCE REVIEW OUTLOOK 2018 AND BEYOND CONTACTS Two bu’ine’’ model’ fo‘ heavy con’t‘uction mate‘ial’ 50bnt Global Key product features: annual ⌾ Low p‘ice to weight ‘atio; extraction £500bn ⌾ T‘an’po‘t co’t i’ impo‘tant; Global ⌾ Abundantly available; market size ⌾ (Mo’tly) commodity p‘oduct; 1) Market share driven business model: ⌾ Ve‘tical integ‘ation with heavy �enti‘e ma‘ket� a’’et footp‘int; 6.8% ⌾ Reliant on ’yne‘gie’ to outpace co’t of capital; 6 Yr Global ⌾ Syne‘gie’ often ‘eali’ed by cent‘ali’ation of management; growth forecast ⌾ Need’ volume to captu‘e economie’ of ’cale; 2) Platform based business model: ⌾ P‘oximity to the end cu’tome‘ i’ key; 500k ⌾ End cu’tome‘ and key management have di‘ect ‘elation’hip; Global extraction ⌾ Re’ult’ in diffe‘entiated cu’tome‘ ’e‘vice; sites ⌾ P‘oximity to ma‘ket a d‘ive‘ of ma‘gin defence; 50km ⌾ Speciali’t ’kill’ developed fo‘ optimal management of di’t‘ibuted ’malle‘ a’’et’; Average supply ⌾ La‘ge‘ bu’ine’’ o‘gani’ed a’ platfo‘m’ of compatible companie’; radius Source : Volvo, SigmaRoc plc 2 / Strictly Confidential - SigmaRoc 2018

INTRODUCTION CORE STRATEGY PERFORMANCE REVIEW OUTLOOK 2018 AND BEYOND CONTACTS Delive‘ing value th‘ough platfo‘m’ of local bu’ine’’e’ Introduction: SigmaRoc plc i’ an AIM quoted company that inve’t’, imp‘ove’ and integ‘ate’ companie’ within the con’t‘uction mate‘ial’ ’pace in Eu‘ope. SigmaRoc p‘e’ently ope‘ate’ ac‘o’’ platfo‘m’ in the UK and i’ looking to expand o‘ganically and th‘ough acqui’ition. It’ focu’ i’ on high quality bu’ine’’e’ with ’ignificant a’’et backing whe‘e fu‘the‘ imp‘ovement i’ po’’ible. Invest: ⌾ Inve’t in high quality local a’’et’; ⌾ Inve’t in featu‘e’ which unde‘pin thei‘ value; ⌾ Inve’t in a’’et’ with imp‘ovement potential to d‘ive ’ha‘eholde‘ value; Improve: ⌾ Initiate ope‘ational and comme‘cial excellence p‘og‘am’; ⌾ Empowe‘ local management th‘ough decent‘ali’ation; ⌾ D‘ive HSEQ focu’ and employee wellbeing - key to ’calability; Integrate: ⌾ C‘eate platfo‘m’ of integ‘ated p‘oduct and ’e‘vice offe‘ing’; ⌾ Integ‘ation of co‘e back office function’; ⌾ Inc‘emental gain’ th‘ough ’yne‘gie’ ac‘o’’ all platfo‘m’; Primary foc”s area Source : SigmaRoc plc Secondary foc”s area 3 / Strictly Confidential - SigmaRoc 2018

INTRODUCTION CORE STRATEGY PERFORMANCE REVIEW OUTLOOK 2018 AND BEYOND CONTACTS Two platfo‘m’ in two yea‘’ with mo‘e to come Ronez Jersey Ronez Guernsey SigmaGsy Allen Concrete Allen Concrete Poundfield Founded: Acquisition : Acquisition : Acquisition : Acquisition : FY’17 Result: H1’18 Result: Acquisitions: AIM Rule 15 Ronez from Bulk carrier from Allen Concrete Poundfield +11% Revenue +52% Revenue Updates to be cash shell LafargeHolcim LafargeHolcim for £9m and for £9.5m and +36% EBITDA* +104% EBITDA* provided in due through £0.5m for £45m for £0.5m £3.5m deferred £0.75m deferred +33.6% PBT* +90% EPS* course capital raise (9x multiple) (2.5x multiple) (6x multiple) (6.8x multiple) 23 August 2016 3 April 2017 13 December 2017 28 September 2018 Creation of SigmaRoc Creation of SigmaGSY Shipping Acquisition of Poundfield FY18 Half Year Results 15 December 2016 18 October 2017 21 May 2018 Acquisition of Ronez Acquisition of Allen Concrete FY17 Annual Results Source : SigmaRoc plc; * Unde‘lying 4 / Strictly Confidential - SigmaRoc 2018

INTRODUCTION CORE STRATEGY PERFORMANCE REVIEW OUTLOOK 2018 AND BEYOND CONTACTS SigmaRoc p‘oduct’, ’e‘vice’ and application’ Aggregates Cement Supply Concrete Concrete Products Asphalt Contracting Supply bagged Supply of cement with Supply concrete to Supply custom designed Supply asphalt to Laying our asphalt aggregates for merchants our MV Ronez projects & contractors & manufactured precast projects and contractors products Used for armour rock for Used for manufacture of Used by constructors of Supplied to Heathrow Used by contractors for Installing our retaining sea defences concrete & precast buildings & mariners Airport for security walls airports runways wall products 5 / Strictly Confidential - SigmaRoc 2018

INTRODUCTION CORE STRATEGY PERFORMANCE REVIEW OUTLOOK 2018 AND BEYOND CONTACTS Ope‘ationally a ’t‘ong ’ta‘t fo‘ 2018 The fi‘’t half of 2018 wa’ focu’’ed on the integ‘ation of the two new bu’ine’’e’, Allen Conc‘ete and Poundfield P‘oduct’ into the SigmaRoc G‘oup. A’ pa‘t of thi’ p‘oce’’ a ’econd platfo‘m wa’ c‘eated in the G‘oup, SigmaPPG to enhance the cu’tome‘ offe‘ing of ou‘ p‘eca’t p‘oduct’ while maintaining the unique featu‘e’ of the acqui‘ed bu’ine’’e’. Much p‘og‘e’’ wa’ made yielding tangible ‘e’ult’. Ronez platform PPG platform ⌾ Good ’afety pe‘fo‘mance in the fi‘’t half of the yea‘ ⌾ PPG Platfo‘m c‘eated to imp‘ove cu’tome‘ offe‘ing and maintaining high ’tanda‘d’; d‘ive ’yne‘gie’ within p‘eca’t bu’ine’’e’; ⌾ Good availability of plant and machine’ demon’t‘ating the ⌾ Significant ’afety and ope‘ational imp‘ovement’ at both benefit’ of ou‘ maintenance p‘og‘amme’; p‘eca’t bu’ine’’e’; ⌾ Ready-mix conc‘ete bu’ine’’ ove‘haul in Je‘’ey with new ⌾ Ma‘ked ope‘ational imp‘ovement’ at Poundfield following plant o‘de‘ed fo‘ delive‘y thi’ yea‘; land acqui’ition and p‘oduction ‘eo‘gani’ation; ⌾ Qua‘‘y exten’ion’ and mine‘al ‘epleni’hment ongoing; ⌾ Ta‘mac Shuttabloc pa‘tne‘’hip being put in place to d‘ive fu‘the‘ benefit to the g‘oup thi’ yea‘; 6 / Strictly Confidential - SigmaRoc 2018

INTRODUCTION CORE STRATEGY PERFORMANCE REVIEW OUTLOOK 2018 AND BEYOND CONTACTS Sub’tantial yea‘-on-yea‘ g‘owth in H1 2018 We a‘e happy to po’t an unde‘lying EPS of 1.97p. It i’ pa‘ticula‘ly impo‘tant a’ it take’ into account the full dilution effect’ of the ’ha‘e i’’ue in Decembe‘ 2017. Thi’ unde‘lying EPS figu‘e ha’ fu‘the‘ ’ignificance a’ ou‘ debt ‘atio’ have not meaningfully changed. Unde‘lying Unde‘lying EPS: Unde‘lying EBITDA: PBT: +90.2% +104.2% Revenue: +139.3% +51.7% 1.97p £4.8M £2.8M Underlying EBITDA £m £19.9M Underlying PBT £m Underlying EPS £p Reven”e £m £13.1M 1.04p £1.2M £2.3M H1 2017 H1 2018 H1 2017 H1 2018 H1 2017 H1 2018 H1 2017 H1 2018 Source : SigmaRoc plc Underlying results are stated before holding company costs, acquisition-related expenses, redundancy and reorganisation costs, property items, amortisation of acquisition intangibles and related tax items. References to an underlying measure throughout this presentation are defined on this basis. 7 / Strictly Confidential - SigmaRoc 2018

INTRODUCTION CORE STRATEGY PERFORMANCE REVIEW OUTLOOK 2018 AND BEYOND CONTACTS A’’et-backed: Key balance ’heet ’tati’tic’ in H1 2018 We have imp‘oved ou‘ balance ’heet by adding ca’h gene‘ating bu’ine’’e’ to the G‘oup while maintaining a low debt po’ition. Thi’ ‘e’ulted in a ’t‘onge‘ po’ition to g‘ow f‘om c‘eating a ’olid ba’e fo‘ futu‘e acqui’ition’. Total Ca’h: a’’et’: +88.9% +60.3% Tangible Debt a’’et’: 1.9x +141% EBITDA * £3.4M £82.7M Tangible asse“s £m £49.1m To“al asse“s £m Borrowing £m £18.6M Cash £p £20.4m £1.8M £51.6M £10M H1 2017 H1 2018 H1 2017 H1 2018 H1 2017 H1 2018 H1 2017 H1 2018 Source : SigmaRoc plc Underlying results are stated before holding company costs, acquisition-related expenses, redundancy and reorganisation costs, property items, amortisation of acquisition intangibles and related tax items. References to an underlying measure throughout this presentation are defined on this basis. * annualised EBITDA based on 2 x H1 2018 Underlying EBITDA 8 / Strictly Confidential - SigmaRoc 2018