Region Group (RGN) investor relations material

Opening remarks and agenda

• Hybrid AGM covered simultaneous meetings of Region Management Trust and Region Retail Trust, with Chair and CEO addresses, formal resolutions and stakeholder questions.

• Steven Crane acknowledged inaugural Chair Phil Clark’s passing and thanked former CEO Anthony Mellowes for 13 years of service and his support through the transition.

Financial performance review

• FY 2026 occupancy rose to 98.1% from 97.5%; supermarket MAT sales grew 4.1%, comparable NOI 3.3%, comparable portfolio MAT sales 3.3% to over $6bn, and specialty leasing spreads averaged 4.0%.

• FFO per security grew 3.2% to 16.0 cents and AFFO per security grew 2.9% to 14.1 cents; excluding higher weighted average cost of debt, growth exceeded 5% for both.

• Total security holder return was 9.8%, versus 6.1% for the ASX 200 and -3.0% for the ASX 200 A-REIT index; statutory net profit after tax was $268.8m and NTA was $2.57 per security.

• Debt hedged or fixed was 100%; over $1bn was refinanced, weighted average cost of debt was 4.5%, and cash and undrawn debt totaled $209.5m.

Board and executive committee updates

• Greg Chubb became Managing Director and CEO after Anthony Mellowes’ departure; the Chair cited a smooth handover and Chubb’s property-sector experience.

• Belinda Robson and Michael Herring retired; Guy Farrands, with over 30 years of property-market experience, was nominated for election as an independent director.

• Farrands said he acquired securities worth AUD 175,000 after joining in August; the Chair described an independent search that shortlisted four candidates to two for full Board interviews.

• Antoinette Milis sought re-election, citing over 35 years in property and experience in investment, governance, risk and strategy.