EVT (EVT) AGM 2026 summary

Opening remarks and agenda

• Hybrid AGM opened with a quorum; all resolutions were to be decided by poll, with voting open through the meeting and for 10 minutes afterward.

• Agenda included FY26 financial, directors’, sustainability and auditor reports, followed by remuneration, director elections, proportional takeover provisions and CEO performance rights.

Financial performance review

• FY26 normalized revenue was AUD1.3bn, up 6.3%; normalized EBITDA was AUD174.4m, up AUD13.6m or 8.4%, with growth across all divisions.

• Normalized NPAT was AUD54.3m, up AUD15.9m; reported NPAT was AUD50.7m, up AUD17.3m or 51.9%.

• FY26 hotel occupancy was 79%, average room rate AUD233, up 2.2%, and record RevPAR AUD184, up 2.8%; hotel revenue rose 5.1%.

• Entertainment admissions rose 3.6% and EBITDA 45.8%; Thredbo revenue rose 10.6% and EBITDA 13.7%.

• June 30 net debt was AUD476.1m; cash was AUD64.9m and bank debt AUD541m. A refinancing provided an AUD750m core facility for a further three years.

Board and executive committee updates

• Madelaine Nott was appointed company secretary in May; Brett Chenoweth became Lead Independent Director and Nomination and Remuneration Committee Chair, succeeding Peter Coates, who remains an independent director.

• Valerie Davies is seeking re-election for a three-year term but may not serve the full term; Peter Coates confirmed he is not running again.

• Harry Thaliwal joined as EVP Asia to lead hotel growth; Brett Forer joined as Chief Development Officer.