Pacific Lime and Cement Limited (PLA) Investor presentation summary

Strategic precinct

• Completed strategic planning for a 4,500 ha gazetted SEZ and multi-berth port, 35 km from Port Moresby and 7 km from PNG LNG.

• The precinct includes 99-year State leases held through 50:50 joint ventures with landowner companies; 3,678 ha are classified as usable land.

• Qualifying SEZ businesses may receive 10 years of exemptions from corporate tax, dividend withholding tax, foreign contractor withholding tax and import duties.

• The port is under construction to ISPS standards; tenant documentation and sublicensing arrangements are authorised by the SEZ Authority.

Anchor projects and funding

• Central Lime and Central Cement remain the capital and management priorities; SEZ land, leases and port infrastructure are principally intended to support them.

• Next steps include completing the quicklime plant’s first phase, targeted for Q1 2027, and delivering the cement plant.

• The stated funding model assigns anchor plants and the land-and-port platform to PLC, enabling infrastructure to potential DFIs, and cluster plant capex to tenants and strategic investors.

• DFI discussions on port and utility infrastructure funding are non-binding; further precinct development is expected to rely largely on third-party tenants and investors.

Port and tenant opportunities

• Indicative plans phase the precinct from 560 ha short term to 1,603 ha medium term and 3,017 ha long term, with port and heavy industry leading initial development.

• Target clusters span lime and cement, gas and energy, fuel storage, fabrication, logistics, data centres, small and medium industry, and urban services; development depends on tenant demand and funding.

• Indicative port throughput reaches ~7.2 Mt annually by 2060 excluding liquid bulk, or ~30 Mt including it; the higher case depends on energy projects, including a gas agreement.

• Flagship concepts include an 11.25 million-barrel strategic fuel reserve, gas-based fertiliser and chemicals, a cyber campus, steel fabrication and an industry park; each depends on stated conditions or tenant demand.