Woolworths Group (WOW) investor relations material

Opening remarks and agenda

• The AGM had a quorum and hybrid in-person and online participation; resolutions were decided by poll, with voting open until the final business item.

• Agenda items included annual reports, the remuneration report, director elections, executive and director equity matters, termination benefits and the non-executive director fee pool.

Financial performance review

• F26 sales were $71.5bn, up 3.6%; EBIT before significant items was $3,105m, up 12.7%, and NPAT before significant items was $1,599m, up 15.4%.

• New Zealand F26 EBIT rose 8.8% and ROFE increased 64 bps; BIG W returned to profit, with EBIT up $97m and ROFE up 9.8 points.

• Above-store savings reached $400m; cost of doing business fell 24 bps.

• Q1 F27 sales were $19.4bn, up 4.7%; Australian Food sales were $14.8bn, up 6.9%, and e-commerce sales were $3.1bn, up 16.0%.

• F26 e-commerce sales reached $10.6bn, up 15.9%; Cartology sales rose 11.3% in H2, while Petstock sales rose 12.3% and EBIT 33.5%.

Board and executive committee updates

• Jon Alferness and Terry Bowen joined the board in 2026 and stood for election; Warwick Bray and Scott Perkins stood for re-election. Tracey Fellows retired in March 2026.

• Alferness brings technology, product and retail experience, including at Walmart US; Bowen brings more than 30 years of senior executive experience across retail, finance, e-commerce and AI.

• An external effectiveness and independence review supported board stability; Chair succession was a priority for the coming term, with a formal selection process underway.