Coles Group (COL) investor relations material

Opening remarks and agenda

• Meeting opened after quorum confirmation; resolutions were to be decided by poll, with results to be published to the ASX and on the website after the meeting.

• Items 2–5 required shareholder votes; the board recommended votes in favour and the chair intended to vote available undirected proxies in favour.

Financial performance review

• FY 2026 group sales reached AUD 45.6b; NPAT excluding significant items rose 13.7% to AUD 1.26b.

• Supermarket sales revenue grew 5.1% YoY excluding tobacco; Supermarkets EBIT rose 12.2%, with AUD 311m in Simplify and Save to Invest savings.

• FY 2026 supermarket eCommerce sales increased 26.4% to AUD 5.6b, or 13.6% of supermarket sales; Customer Fulfilment Centres were EBITDA positive.

• Q1 FY 2027 group sales rose 2.2% to AUD 11.2b; supermarket sales grew 3.6%, eCommerce rose 22.9%, and liquor sales decline moderated to 1.3%.

Board and executive committee updates

• Wendy Stops retired as a non-executive director at the meeting’s conclusion after joining in November 2018 and serving on the Audit and Risk and Nomination Committees.

• The board said it would maintain a balanced skills mix and continue exploring additional director skills and experience.

• The board unanimously recommended Peter Allen’s re-election; he joined the board in September 2024 and became chair in May 2025.