Aquirian (AQN) Corporate presentation summary

Capital structure and leadership

• 106 million shares on issue with a market capitalization of $45 million as of November 2025.

• Cash and equivalents total $6.8 million, with net debt of $6.2 million and enterprise value at $51.2 million.

• Top 20 holders own 64% of shares; board and management hold 25%.

• Board comprises experienced executives from mining, finance, and engineering backgrounds.

Strategic business units and offerings

• Operates across technology, products, and workforce solutions for the mining industry.

• Manufactures Collar Keeper® systems, blast consumables, and is the largest dedicated energetics storage provider in Australia.

• Provides specialist drill and blast workforce and compliance training.

• Engaged in joint ventures for electronic detonator manufacturing and integrated drill and blast services.

Wubin facility and expansion

• Wubin is the largest private licensed energetics facility on freehold land in Western Australia.

• Strategically located to serve major mining hubs and transport routes.

• Expansion includes increased raw material and finished goods storage, with automation to boost efficiency.

• Largest independent production and storage capacity in WA, supporting multiple product formulations.