OM (OMH) investor relations material

Business overview

• Operates in manganese and silicon smelting with over 30 years of industry experience.

• Utilizes 350MW of sustainable hydro-power with prices secured for 10 years.

• Dual-listed on ASX and Bursa Malaysia, offering unique market exposure.

• Runs the lowest cost quartile smelter complex in Sarawak, the largest in Asia outside China.

Financial performance

• FY2025 revenue reached US$636.3m, down from US$654.3m in FY2024.

• Adjusted EBITDA was US$50.7m, compared to US$76.0m in FY2024.

• Profit attributable to owners was US$2.3m, with profit per share at 0.31 cents.

• Loan repayments totaled US$182.8m, significantly higher than the previous year.

• Cash flow from operations was US$18.3m, down from US$83.3m in FY2024.

Capital structure and cash management

• Maintained a positive cash position with US$13.2m in cash and equivalents.

• Gearing ratio improved to 0.50 in FY2025 from 0.52 in FY2024.

• Continued focus on debt reduction, with major borrowings tied to Sarawak project financing.

• Refinanced Sarawak project loans and revolving credit facility with new syndicated facilities.

• Minimal investing cash flow due to limited capex spending in the near term.