AGL Energy (AGL) AGM 2026 summary

Opening remarks and agenda

• Chair welcomed attendees, acknowledged traditional landowners, and outlined meeting protocols, including hybrid attendance and voting procedures.

• Quorum confirmed, meeting formally opened, and agenda included financial review, director elections, remuneration, and constitutional amendments.

Financial performance review

• Underlying net profit after tax for FY 2026 was AUD 631 million; underlying EBITDA reached AUD 2.1 billion.

• Final FY 2026 dividend was AUD 0.26 per share, fully franked, totaling AUD 0.50 per share for the year, with a payout ratio of 53.3%.

• FY 2027 dividend payout ratio targeted at 55%-60% of underlying net profit after tax.

• FY 2027 guidance: underlying EBITDA between AUD 1.9–2.2 billion and net profit after tax between AUD 470–670 million.

Board and executive committee updates

• Directors and executive team introduced, including the CEO, CFO, and Company Secretary.

• External auditors from PricewaterhouseCoopers attended and were available for questions.