Annual General Meeting Presentation – Ian Lawson, CEO

1. Severfield plc Annual General Meeting 2 September 2014

2. John Dodds Chairman
Ian Lawson Chief Executive Officer
Ian Cochrane Chief Operating Officer
Alan Dunsmore Finance Director
Derek Randall Executive Director & Managing Director at JSW Severfield Structures Ltd
Kevin Whiteman Non-executive Director & Senior Independent Director
Tony Osbaldiston Non-executive Director & Chairman of Audit Committee
Alun Griffiths Non-executive Director & Chairman of Remuneration Committee
Chris Holt Non-executive Director
Mark Sanderson Company Secretary
2
Welcome and introduction to the Board

3. 3
AGM Statement

4. 4
CEO’s Business Review
Annual General Meeting 2 September 2014

5. What we are
•Severfield is the UK's premier structural steel company
•We are the largest structural steel business in the UK and one of the biggest in Europe
•We are a business built on the pride, passion, and quality of our people
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6. Where we are
Dalton, Thirsk
Lostock, Bolton
Sherburn, Scarborough
Enniskillen, N. Ireland
Bellary, India
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7. What sets us apart?
•Our markets and our position within them
•Our capability and people
•Our stability and capacity
•A strong platform for growth
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8. What we do
Design
Fabrication
Construction
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9. The UK market (2013)
•Current estimated UK capacity – 1,000,000 tonnes
•Total UK production of constructional steelwork – 848,000 tonnes
•Our current addressable market – 500,000 tonnes
•Our current share of UK market – 90,000 tonnes
•Our potential capacity – 150,000 tonnes
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Source: BCSA

10. Current tonnage outputs (2013) Top 12 companies
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
Output (tonnes)
# William Hare includes output from UAE factory
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11. Consistent and quality order book
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12. Current major projects
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London Bridge Station Canopies
5 Broadgate, London

13. Current major projects
Manchester Victoria Station

14. Current major projects
Aldgate Tower, London
Essex Waste to Energy Facility
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15. Current major projects
Glasgow Smartbridge

16. Current major projects
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Data Centre, Amsterdam

17. 17
Prospects
New Liverpool Stand, Anfield

18. Prospects
Ordsall Chord Bridges

19. Warehouses & Distribution Centres
Prospects
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20. Casement Park, Belfast
Prospects
Angel Court, London

21. India – Work in progress
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•Factory capacity 60,000 tonnes
•Current order book - £34m / 34,000t
•Challenging market
•Election outcomes
•Views in the market
•Our partner JSW
•Current strategy
OPG Power Station
JSSL Facility, Bellary

22. A new brand
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23. Proud of our past: Positioning for our future
Our Vision:
To be leaders in structural steel, creating a legacy for future generations through world class engineering and design excellence.
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Our Values:
•SAFETY
•INTEGRITY
•CUSTOMER FOCUS
•COMMITMENT

24. A strong platform for growth
A Clear Strategy
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•The business is in a much improved state from 12 months ago
•We have unrivalled capabilities which puts us in prime position as the economy starts to improve
•Our facilities are the best in the UK and possibly Europe
•In the UK there are areas and sectors of the market where our market share can possibly be improved
•There are potential opportunities for growth in Europe
•We have a very skilled and dedicated workforce
•We have appointed new non-executive directors to make us both compliant and to inject fresh ideas and support into the business
•Strong differentiating brand and clear purpose and direction for the company
•UK markets showing signs of growth

25. Thank you