Severfield plc

Annual General Meeting

2 September 2014

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

AGM Statement

4

CEO’s Business Review Annual General Meeting

2 September 2014

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

5

Where we are

Dalton, Thirsk Lostock, Bolton Sherburn, Scarborough

Enniskillen, N. Ireland Bellary, India

6

What sets us apart?

• Our markets and our position within them

• Our capability and people

• Our stability and capacity

• A strong platform for growth

7

What we do

Design Fabrication Construction

8

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

9 Source: BCSA

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

Ou

tpu

t (t

on

nes

)

# William Hare includes output from UAE factory 10

Consistent and quality order book

11

Current major projects

12

London Bridge Station Canopies 5 Broadgate, London

Current major projects

Manchester Victoria Station

Current major projects

Aldgate Tower, London

Essex Waste to Energy Facility

14

Current major projects

Glasgow Smartbridge

Current major projects

16

Data Centre, Amsterdam

17

Prospects

New Liverpool Stand, Anfield

Prospects

Ordsall Chord Bridges

Warehouses & Distribution Centres

Prospects

19

Casement Park, Belfast

Prospects

Angel Court, London

India – Work in progress

21

• 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

A new brand

22

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.

23

Our Values:

• SAFETY

• INTEGRITY

• CUSTOMER FOCUS

• COMMITMENT

A strong platform for growth

A Clear Strategy 24

• 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

Thank you