NZX (NZX) investor relations material

Opening remarks and agenda

• Meeting opened with introductions, agenda overview, and confirmation of quorum.

• Chair welcomed attendees and provided a strategic overview, outlining the meeting agenda and key priorities for 2026.

• Directors, senior leadership, and auditor were introduced, including new and retiring board members.

Financial performance review

• Operating earnings (EBITDA) for 2025 were NZD 53.5 million, up 11.6% year-on-year.

• Net profit after tax rose to NZD 21.5 million, a 20.2% increase from 2024.

• Operating revenue increased 7.3% to NZD 129 million, driven by Smart and Wealth Technologies.

• Earnings per share rose from 5.5 to 6.5 cents; dividend per share increased to 6.3 cents.

• $21.5 billion of capital was listed or raised in 2025, including a major listing transition.

Board and executive committee updates

• CEO Mark Peterson is stepping down; Graham Law will serve as acting CEO until a successor is appointed.

• Board composition reviewed for skills, diversity, and independence; targeted training and recruitment address gaps.

• Dame Paula Rebstock and Rachel Walsh nominated for re-election as independent directors.

• Frank Aldridge retired from the board; Dame Paula Rebstock succeeded him as HR Committee Chair.

• CEO highlighted leadership through market volatility, technology investment, and new product launches.