Endeavour Group (EDV) AGM 2026 summary

Opening remarks and agenda

• Proceedings opened after quorum confirmation, with an acknowledgment of Gadigal people of the Eora Nation and First Nations custodians; meeting procedures and Chair and CEO addresses followed.

• Agenda included annual reports, director elections, remuneration report, CEO LTI awards and renewal of proportional takeover provisions; shareholders could attend in person or online, with resolutions voted by poll.

Financial performance review

• FY26 sales rose 1.3% to AUD 12.2bn; underlying EBIT fell 8.7% to AUD 845m and underlying NPAT fell 14.8% to AUD 363m, excluding significant items.

• Underlying EPS was 20.2¢ versus 23.7¢ in FY25; operating cash flow was AUD 933m versus AUD 1.2bn.

• FY26 retail sales rose 0.7% to AUD 10bn; Dan Murphy’s and BWS sales increased 1% to AUD 9.8bn, with comparable sales growth of 0.5%.

• FY26 hotel sales rose 4.2% to AUD 2.2bn, with comparable sales growth of 4.4%.

• Q1 FY27 retail sales were AUD 2.58bn, up 3%, and hotel sales were AUD 603m, up 1.9%; gaming revenue was flat. Retail recorded four consecutive quarters of growth amid elevated promotions and moderating consumer spending.

Board and executive committee updates

• Mike Ihlein joined the Board in February 2026 and became Audit, Risk and Compliance Committee Chair; Owen Wilson is expected to join after regulatory approvals.

• Rod van Onselen and Joe Pollard were to retire at the AGM’s conclusion; the search for an additional director was progressing.

• Tim Poole and Mike Ihlein stood for election; the Board recommended votes in favor, with each candidate abstaining on their own resolution.

• CEO Jayne Hrdlicka described a refreshed executive leadership team with consumer-brand experience, aligned to the transformation program.