CAR Group (CAR) investor relations material

Opening remarks and agenda

• Hybrid AGM held in Richmond and online; quorum confirmed and meeting formally opened. Agenda covered FY26 highlights, FY27 outlook and strategy.

• Five resolutions were put to shareholders, with poll voting open throughout and questions invited on each item.

Financial performance review

• FY26 pro forma revenue was $1,253m, up 12% in constant currency (CC) and 10% in AUD; EBITDA was $700m, up 12% CC and 9% in AUD.

• Adjusted NPAT was $407m, up 11% CC and 8% in AUD; reported NPAT was $314m, adjusted EPS 107.6 cps and pro forma EBITDA margin 56%.

• Cash conversion was 100% and net debt to pro forma EBITDA was 1.7x; growth capex remained 10% of revenue, with higher other capex mainly for office fitouts.

• All four regions grew revenue and adjusted EBITDA in CC: Australia 7% and 8%; North America 12% and 12%; Latin America 19% and 23%; Asia 15% and 14%.

• TSR from 9 September 2009 to 29 October 2026 was 818%, versus 277% for the S&P/ASX 200 Total Return Index.

Board and executive committee updates

• Kee Wong retired after more than eight years as a Non-Executive Director; board succession planning is underway and recruitment of an additional non-executive director is progressing.

• Wal Pisciotta and Susan Massasso stood for re-election, with unanimous board support; Wal intends to remain on the board and retain his position as its largest individual investor.

• Susan Massasso chairs the People and Culture Committee and serves on the Sustainability Committee; she cited experience scaling and transforming high-growth businesses.