Verbrec acquires Alliance Automation, expanding digital and automation capability. Verbrec Limited (ASX: VBC) has signed an agreement to acquire Alliance Automation Pty Ltd from Telstra for $5.5 million up-front cash consideration, representing a five-times multiple of FY2025 EBITDA. This acquisition marks a major expansion in scale and capability for Verbrec, strengthening its position as a leading provider of integrated engineering and asset lifecycle solutions. The transaction materially enhances Verbrec's automation, controls, digital industry, cyber security, and machine learning expertise, while creating growth opportunities across shared and new clients. Alliance Automation generated $62 million in revenue in FY2025, and the combined business is expected to increase Verbrec's revenue by over 70%, forming a group of approximately 700 team members across 18 locations in Australia and New Zealand. Strategic rationale & synergies. Alliance Automation and Verbrec share a common set of core relationship clients, with 41% of Alliance Automation's revenue derived from this shared client base, creating further opportunities to grow integrated services by leveraging Verbrec's 'whole of asset lifecycle' capability. Alliance Automation also brings strength in mining, water, and manufacturing, complementing Verbrec's sustainability focus areas and broadening the combined group's service offering beyond its traditional energy base. "This partnership unites two culturally aligned organisations with complementary strengths across industrial automation, engineering, digitalisation, and cyber security. Alliance Automation has always led in innovation and engineering excellence. Now, as part of Verbrec, our combined capability delivers smarter solutions, supports our clients' evolving needs, and opens exciting career pathways for our people." Mark Read, CEO of Verbrec, said: "This acquisition transforms Verbrec's scale and capability, expanding our integrated delivery model and reinforcing our position as a recognised partner for a sustainable future. Alliance Automation's strong brand presence and expertise allow us to reach new clients and deliver innovative solutions across complex energy, mining, infrastructure, and water assets." About Alliance Automation. Founded in 2010, Alliance Automation is one of Australia's largest independent providers of industrial automation, digital transformation, and cyber security services. With over 275 engineers and professionals across 11 Australian offices, Alliance Automation delivers Industry 4.0 solutions and control systems to a tier 1 client base spanning mining, energy, infrastructure, manufacturing, and water sectors. About Verbrec. Verbrec (ASX: VBC) is a leading provider of engineering and asset lifecycle solutions across energy, water, infrastructure, and mining sectors. With a focus on integrated delivery, sustainability, and innovation, Verbrec partners with clients to enable a safer, smarter, and more sustainable future. The Bowen Basin Symposium 2025 in Mackay brought together mining, energy, and technology leaders to explore critical issues shaping the future of coal and gas. Verbrec has signed an agreement to sell its training subsidiary, Competency Training Pty Ltd, to RelyOn Australia Pty Ltd for $11.5 million cash consideration. The

Verbrec Limited (ASX: VBC) is acquiring Alliance Automation Pty Ltd from Telstra Limited for $5.5 million. This acquisition will enhance Verbrec's automation, control, digital industry, machine learning, and cybersecurity capabilities, and expand its client base. Alliance Automation, a major provider of digital transformation and industrial automation services, generated $62 million in revenue in FY2025. The deal will add over $60 million in annual revenue, creating a combined team of 700 across 18 locations.