Amotiv (AOV) AGM 2026 summary

Opening remarks and agenda

• Hybrid 69th AGM opened after quorum was confirmed; shareholders could attend in person or online, with polls covering formal resolutions.

• Formal business covered FY26 reports, Jennifer Douglas’s re-election, the Remuneration Report, Deloitte’s appointment as auditor and renewal of proportional takeover provisions.

Financial performance review

• FY26 revenue rose 2.7% to AUD 1,023.9m; underlying EBITA increased 1.6% to AUD 195.1m, EBITDA rose 1.6% to AUD 230.0m and EPSA increased 4.5% to 89.4c.

• Cash conversion improved 2.5pps to 93.1%, leverage improved 0.06x to 1.85x and ROCE rose 0.3pps to 13.4%, below the 15% medium-term target.

• FY26 cash returned to shareholders totaled AUD 74.8m; sustaining capex was AUD 11.7m, equal to 91% of depreciation.

Board and executive committee updates

• Graeme Whickman will step down as MD and CEO after more than eight years, during which revenue and earnings grew ~2.5x; the CEO search had three or four internal and external candidates shortlisted, with an update expected toward year-end.

• Jennifer Douglas stood for re-election, citing experience in transformation, customer-led growth, technology, risk and governance; she chairs the Remuneration, People and Culture Committee.

• David Robinson retired from the board at September-end after almost 15 years as a non-executive director.