Australian Finance Group (AFG) investor relations material

Opening remarks and agenda

• Hybrid AGM opened in Perth on 16 October 2026 with a quorum; agenda covered Chair and CEO addresses, formal business and closing proceedings.

• Chair acknowledged Whadjuk Noongar custodians and described FY26 as a strong-results year amid challenging conditions for households.

Financial performance review

• FY26 reported NPAT was $49m, up 39%; underlying NPATA was $54m, up 33%, EBITDA rose 32% to $74.4m and gross profit rose 12% to $159m.

• Underlying EPS increased to 20cps from 15.1cps; underlying ROE reached 23% from 19%; operating cash flow rose 42% to $51m, with 94% cash conversion and $63m unrestricted cash.

• Residential settlements reached $75bn, up 18%; the network included 4,300+ brokers and 80+ lenders; Distribution EBITDA was $71m, up 4%, with 40% underlying ROE.

• AFG Securities’ loan book grew 30% to $7.1bn; NIM expanded 9bps to 125bps, reaching 128bps at year-end; lifetime losses were below 1bp on $19bn settled.

• Broker Services contributed 23% of Distribution gross profit; September 90+ day arrears fell to 0.58% from 0.74% at 30 June; Q1 broker lodgements were $26.8bn, the second-highest Q1 on record.

Board and executive committee updates

• Malcolm Watkins retired in February 2026 after almost 32 years; Brett McKeon was due to retire as a Non-Executive Director following the AGM.

• David Flynn joined as an Independent Non-Executive Director in August 2026 and stood for election, bringing capital markets, transaction and M&A experience.