Doug Rowe CMA Corporation Limited

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1 Doug Rowe CMA Corporation Limited

2 An emerging force in responsible recycling ASX Small to Mid Caps Conference New York, 26 February 2009 Doug Rowe MANAGING DIRECTOR

3 Disclaimer This presentation for CMA Corporation Limited is designed to provide a high level overview of aspects of the operations of CMA Corporation Limited. The material set out in the presentation is current as at 20 February 2009 and is in summary form only. The presentation may contain forward looking statements about assumptions, estimates and outcomes, which are based on internal business data and external sources which may or may not have been independently verified. Given the nature of the industry, business risks, and other factors, the assumptions, estimates and outcomes are uncertain and may be subject to change. These statements do not constitute forecasts. They may be affected by internal and external factors which may have a material effect on future business performance and results. No assurance or guarantee is, or should be taken to be, given in relation to the future business performance or results of CMA Corporation Limited or the likelihood that the assumptions, estimates or outcomes will be achieved. While management has taken every effort to ensure the accuracy of the material in the presentation, the presentation is provided for information only. CMA Corporation Limited, its officers and management exclude and disclaim any liability in respect of anything done in reliance on the presentation to the maximum extent permitted by law. You should make your own enquiries and take your own advice (including financial and legal advice) before making an investment in the company s shares or in making a decision to hold or sell your shares. This document does not form part of any offer or invitation to sell or issue, purchase or subscribe for shares in CMA Corporation Limited.

4 Index Who is CMA Corporation? CMA s Growth Story CMA Recycling CMA Contracting CMA EcoCycle CMA Locations CMA Financials Environmental Responsibility Strategy Update The Outlook for CMA CMA's goal is to add value through innovative and responsible metal recycling while growing an international business based around environmentally sustainable technologies

5 Who is CMA Corporation? Vertically integrated Australian-based recycling group Three main divisions CMA Recycling - Trading, Processing & Recycling of secondary ferrous and non-ferrous products CMA Contracting - Demolition and Remediation service CMA EcoCycle - Specialist recycler of Mercury Wastes Broad Australasian footprint 18 Sites in Australia 4 sites in New Zealand with further 9 sites throughout Singapore, Malaysia, PNG and the US Strong focus on leading edge recycling technologies

6 CMA s Growth Story Formed in March 2005 through the merger of Moltoni Adams and the T & T Group Listed on the ASX in July 2005 Achieved major increases in volumes and revenues through acquisitions and organic growth Completed a total of 15 business acquisitions since listing, the largest being the $40 million purchase of Southern Rocycling in July 2007 Expanded from original 4 NSW recycling sites to today s broad presence with a total of 31 sites across Australia and in NZ, PNG, Singapore, Malaysia and the US

7 CMA Recycling CMA focuses on differentiating itself from competitors through utilising the latest advances in recycling technology and equipment and by focusing on; and providing a higher level of service to; the industrial sector, in exchange charging a slight premium to the client Value added metal processing techniques build margins Meretec Shredding Baling Briquetting Foundry Enables greater responsiveness to individual clients requirements Continue to look for and introduce competitive advantages Significant potential for earnings growth

CMA Recycling The Difference Yards Equipment Branding Concreted with bays Waste water discharged off site goes through on site treatment Rain

operational equipment Standardisation of equipment provides greater flexibility and utilisation rates Reduced costs through standardised

equipment and staff have strong visual appearance Supplier Base Highly training procurement team focuses on providing innovative solutions to

8 CMA Recycling The Difference Yards Equipment Branding Concreted with bays Waste water discharged off site goes through on site treatment Rain water stored and recycled for use on site Truck washing facilities Large undercover area s Renewal program ensures latest and most efficient operational equipment Standardisation of equipment provides greater flexibility and utilisation rates Reduced costs through standardised maintenance schedules and replacement parts Strong CMA brand adds value to our services and recognition in the market All yards, plant & equipment and staff have strong visual appearance Supplier Base Highly training procurement team focuses on providing innovative solutions to suppliers Ensures constant throughput and long term equipment utilisation Locks in clients and enables procurement team time to build stronger relationships

powder Annual processing capacity of approximately 100,000 tonnes Additional Meretec plant, in Chicago

9 Meretec Vital solution to a worldwide need for an environmentally friendly and economical way to remove zinc from galvanised/coated steels Premium end products command premium prices Clean black scrap 99% pure zinc powder Annual processing capacity of approximately 100,000 tonnes Additional Meretec plant, in Chicago acquired February 2008 and currently undergoing final stages of commercialisation the world s largest above ground zinc mine

10 CMA Contracting CMA offers end-to-end solutions in demolition and remediation services Specialised services plant closure plans, hazardous waste removal, marine works Reputation for quality work practices and fine safety record Major source of feedstock for CMA s recycling division, creating unique vertical integration benefits Further growth opportunities in remediation services Environmental legislation creates new income streams

CMA EcoCycle EcoCycle is a specialised mercury recycling operation, for applications including: Mining by-products -

tubes and globes - enables their safe disposal and recycling Dental amalgam - removal of the mercury and recycling the

copper content Opened new state-of-the-art plant in Melbourne in March 2008, including the largest continual flow distiller

11 CMA EcoCycle EcoCycle is a specialised mercury recycling operation, for applications including: Mining by-products - treatment of high-value silver bearing ores to remove mercury contamination across a range of concentrations Fluorescent tubes and globes - enables their safe disposal and recycling Dental amalgam - removal of the mercury and recycling the silver Catalysts - removal of the mercury from various catalysts from power plants and oil refineries, and recovery of the copper content Opened new state-of-the-art plant in Melbourne in March 2008, including the largest continual flow distiller in the world Solid earnings potential supported by increased public focus on the environment Recovery of silver from X-Rays and Negative Films

Delivering strong contributions to the CMA group Significant

12 Profitable New International Operations Singapore - Secondary metal processing Malaysia - Processing and export of mill residues Delivering strong contributions to the CMA group Significant potential for future growth and profitability in the 2009 annual result and beyond

13 CMA Locations Australia Operations No. of Locations No. of Staff Victoria New South Wales 6 84 South Australia 1 38 Tasmania 2 37 Queensland 2 31 Northern Territory 1 18 Western Australia 2 10 TOTAL

2009 HY Financials Dec 07 Jun 08 Dec 08 Revenue 230.0 503.2 221.9 EBITDA 18.4 44.

8%) NPAT 7.4 18.1 (36.5) NPAT % 3.2% 3.6% (16.5%) EPS 2.3 5.0 (8.3) Dividend 0.

14 2009 HY Financials Dec 07 Jun 08 Dec 08 Revenue EBITDA (34.9)* EBITDA % 8.0% 8.9% (15.8%) EBIT (43.9) EBIT % 5.7% 6.6% (19.8%) NPAT (36.5) NPAT % 3.2% 3.6% (16.5%) EPS (8.3) Dividend 0.5 cps 1.0 cps - * Includes write-down for stock $12.8m, FX loss $9.7m and doubtful debts $6.3m

15 Three Year Summary of Metal Volumes

16 Summary Balance Sheet $ Million Jun 07 Jun 08 Dec 08 Total Assets Total Liabilities Net Assets Working Capital Net Debt Gearing % 41% 42% 48% NTA cents per Share * Gearing % = Gross Debt / (Gross Debt + Equity)

17 Continued Revenue Growth ASIA NZ NZ ASIA NZ AUS AUS AUS Greater relative growth in recycling defrays volatility of contracting earnings

from using Meretec Meltstock compared to using coated steels Use of Green Technologies with the group that add

18 Environmental Responsibility Continued commitment to reduce greenhouse gas emissions through responsible recycling and participating in carbon credits Conducting environmental site audits Energy savings generated from using Meretec Meltstock compared to using coated steels Use of Green Technologies with the group that add value and support recycling Mercury bearing materials such as fluoro tubes and dental amalgam being diverted from landfill

Scholz became a strategic investor in November 2008 and it is expected that further synergies and benefits will be captured from our

19 Strategy Update Continue to integrate our newly acquired assets, we expect to realise significant scale benefits and real efficiencies and synergies across the expanded group Pursue a mixed strategy of organic and acquisitive growth to leverage our network and infrastructure base Scholz became a strategic investor in November 2008 and it is expected that further synergies and benefits will be captured from our relationship in the future Proposed Scholz Placement of 230 million shares at 21.3 cents per share raising $48.99 million to be approved at an EGM in early April 2009

USA Meretec Plants forecast to contribute to full year 09/10 Contracting is less than 10% of the group s revenue, so less volatility

20 The Outlook for CMA CMA has been and will continue to be very selective in our approach to acquisitions, considering opportunities that will provide CMA with new clients, a foothold in new markets and the potential to generate value for the Group Melbourne and USA Meretec Plants forecast to contribute to full year 09/10 Contracting is less than 10% of the group s revenue, so less volatility in earnings going forward Adding increased value in metal processing through upgraded equipment and machinery to deliver improved margins

21 An emerging force in responsible recycling Thank You from the expanding scrap metal recycler down under Doug Rowe MANAGING DIRECTOR

2016 Investor Presentation Bank of America Merrill Lynch - Global Metals & Mining Conference 11 May ASX: SGM USOTC: SMSMY

2016 Investor Presentation Bank of America Merrill Lynch - Global Metals & Mining Conference 11 May 2016 ASX: SGM USOTC: SMSMY www.simsmm.com Business Highlights Company Global leader in metals and electronics