Temple & Webster Group (TPW) investor relations material

Opening remarks and agenda

• Mark Coulter opened the meeting after confirming a quorum; the agenda covered Chair and CEO addresses, shareholder questions and formal resolutions.

• Traditional Owners and Custodians, including the Gadigal and Wangal people, were acknowledged, with respects paid to Elders past and present and Aboriginal and Torres Strait Islander peoples.

Financial performance review

• FY26 revenue reached AUD 665m, up 11% YoY; Australian furniture and homewares market share increased from 2.7% to 2.9%.

• FY26 EBITDA was AUD 21.9m, up 17%, at a 3.3% margin; underlying EBITDA excluding significant items and unrealised FX losses was AUD 25.9m, up 28%, at a 3.9% margin.

• Operating cash flow was AUD 24m and FY26 was free-cash-flow positive; cash was AUD 123m at 30 June after AUD 30m returned through an on-market buyback. Growth adjacencies generated AUD 117m revenue.

• From 1 July to 19 October, revenue was down 8% YoY while contribution margin dollars rose 16%; the revenue run-rate improved to -4% from -13% at the August update.

• FY27 EBITDA guidance remained AUD 33m–AUD 40m, 50%–80% above FY26; warehouse-related PP&E capex is expected to be lower, with intangible investment at a similar level.

Board and executive committee updates

• From 1 July 2026, Susie Sugden became CEO, Mark Coulter became Executive Chair, Stephen Heath became Lead Independent Director and Conrad Yiu moved to NED and chaired the new Technology Committee.

• Chief Product and Sourcing Officer and Chief Commercial Officer roles were filled through internal appointments and existing headcount.

• Belinda Rowe and Melinda Snowden sought re-election as NEDs; Rowe chairs the Nomination and Remuneration Committee and Snowden chairs the Audit and Risk Committee.