AMP (AMP) AGM 2026 summary

Opening remarks and agenda

• Chair welcomed shareholders, confirmed quorum, and acknowledged traditional land owners.

• Introduced Board members, CEO, and executive team; outlined meeting procedures and agenda.

• Voting and Q&A procedures explained, including online and in-person participation.

Financial performance review

• Underlying NPAT increased by 20.8% to AUD 285 million; statutory NPAT was AUD 133 million.

• Growth driven by Australian wealth businesses, stable NZ bank performance, and partnerships.

• Cash flow growth up over 85% for the year; top-quartile returns for most MySuper members.

• Continued cost base reduction and capital management, including a 13% cost reduction over two years.

Board and executive committee updates

• Blair Vernon appointed CEO, succeeding Alexis George after significant transformation.

• Andrea Slattery retired; Linda Elkins appointed as Non-Executive Director.

• Board confident in new leadership and focused on growth in wealth businesses.