Judo Capital (JDO) investor relations material

Opening remarks and agenda

• The Chair opened the AGM with an acknowledgment of Country and welcomed directors, the CEO, employees, customers and shareholders.

• The meeting covered the FY2026 reports and six resolutions; resolutions were to be decided by poll, with results to be released to the ASX after the meeting.

• Shareholders considered the directors’ and auditors’ reports and FY2026 financial statements for the year ended 30 June 2026.

Financial performance review

• FY2026 underlying profit before tax rose 34% to AUD 168m, following AUD 126m in FY2025; lending exceeded AUD 15bn across nearly 5,000 SME customers.

• FY2026 loan book reached AUD 14.7bn and customer deposits exceeded AUD 12bn; cost-to-income improved to 45%, described as the sector’s lowest.

• At September-end, lending was almost AUD 15.1bn, deposits AUD 12.5bn and CET1 12%; Q1 blended margin was 4.1% and front-book margin 4.2%.

• FY2027 PBT guidance remains AUD 210m–220m; the long-term objective is low-to-mid-teens ROE.

Board and executive committee updates

• David Stephen joined the board in March 2026, bringing 40 years of banking and financial-services experience, including senior credit-risk roles at Westpac, ANZ and Royal Bank of Scotland.

• Malcolm McHutchison stood for re-election, citing experience in business growth, capital allocation, technology and remuneration.

• CEO Chris Bayliss and executive key management personnel proposed receiving no FY2026 short-term incentives; the board supported the decision.

• The Chair committed to improving board gender balance as soon as practically possible; McHutchison supported diversity as part of board renewal and succession planning.