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Aurizon (AZJ) investor relations material

Aurizon AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary16 Oct, 2025

Opening remarks and agenda

  • Chairman welcomed attendees, introduced the board, and outlined the meeting agenda, including addresses from key executives and directors standing for reelection.

  • Acknowledgment of Country recognized Traditional Custodians and emphasized respect for Aboriginal and Torres Strait Islander peoples and their connection to the land.

  • Emergency and safety procedures for the venue were explained.

Board and executive committee updates

  • Chairman confirmed his intention to retire in 2025, with succession planning underway for both internal and external candidates.

  • Farewell to a long-serving board member and ongoing efforts to add diversity and skills to the board.

  • Addresses were delivered by the Chairman and the Managing Director & CEO.

  • Two directors, Sarah Ryan and Lyle Strambi, stood for reelection, highlighting their relevant experience and commitment.

Financial performance review

  • Underlying EBITDA for FY2025 was $1.576 billion, 7% below expectations due to deferred revenue and increased bad debt provisions.

  • Revenue increased by 3% in FY2025, supporting a total dividend of $0.157 per share and a $300 million share buyback.

  • $60 million in annualized savings achieved, with a major restructure resulting in over 200 employees leaving.

  • Bulk business faced a 17% drop in volumes and 26% decline in EBITDA, while coal volumes rose 2% and network EBITDA increased 3%.

  • Financial statements and reports for the year ended 30 June 2025 were presented for consideration.

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Frequently asked questions

Aurizon Holdings Limited, formerly known as QR National Limited, through its subsidiaries, operates as a rail freight operator in Australia. The company transports coal for the mining sector and exports of mineral concentrates from various ports located along the eastern and south-western coasts of Queensland and from Newcastle New South Wales; and bulk grain to customers in northern, western, central and southern Queensland. It transports bulk resources, such as coal, grain, minerals (including lead concentrate and zinc concentrate), fertilizers, steel products (principally sheet steel), ores, chemicals and other commodities domestically; and exports timber to customers in Indonesia. Aurizon Holdings Limited is based in Fortitude Valley, Australia.

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