Fiducian Group (FID) AGM 2025 summary

Opening remarks and agenda

• Meeting held both in-person and virtually, with all directors and key executives present, and quorum confirmed for official proceedings.

• Voting conducted by poll on all items, with clear instructions for both in-person and online participants.

Financial performance review

• Net profit after tax reached AUD 18.6 million, a 33% increase from the prior year.

• Net revenue rose 13% to AUD 68.23 million, and underlying net profit after tax grew by 19%.

• Funds under management, advice, and administration (FUMAA) increased from AUD 13.51 billion to AUD 14.84 billion, reaching AUD 15.62 billion by end of September 2025.

• The group remains debt-free with strong cash flow and positive working capital.

Board and executive committee updates

• Board and management worked cohesively, emphasizing respect and clear roles.

• New board members appointed to the Superannuation Trustee Board in preparation for director transitions in 2027.