Centuria Capital Group (CNI) AGM 2025 summary

Opening remarks and agenda

• Chairman welcomed attendees, acknowledged traditional custodians, and confirmed a quorum was present.

• Board members, company secretary, CFO, and audit partner from KPMG were introduced.

• Meeting procedures, voting entitlements, and card system were explained.

• Notice of Meeting and annual report were confirmed as distributed and available.

Financial performance review

• Assets under management reached AUD 20.6 billion at year-end, with operating earnings before interest, tax, and depreciation of AUD 172.6 million, up 7%.

• Net profit after tax was AUD 108 million; operating earnings per security rose 4.3% to AUD 0.122.

• Distributions per security increased 4% to AUD 0.104; total operating revenues were AUD 355 million.

• Recurring revenue streams remained resilient; property and development finance EBIT increased to AUD 27 million.

• Balance sheet showed AUD 347 million in cash and undrawn facilities; additional AUD 100 million liquidity received in H2.

Board and executive committee updates

• Chairman highlighted focus on governance, risk, and remuneration alignment with strategy.

• Remuneration framework was refined to emphasize financial performance and capital discipline.

• Board guided diversification into real asset management and supported strategic investments.

• Acknowledgement of leadership and staff contributions across regions.