Fiducian Group (FID) AGM 2026 summary

Opening remarks and agenda

• 30th AGM held in person in Sydney and online; quorum confirmed, with 12 shareholders attending at commencement and 2,152 registered shareholders holding 31,652,623 shares.

• Poll voting covered all business: consideration of FY2026 financial reports, adoption of the remuneration report, and re-election of Kerry Skellern OAM; no other business notices were received.

Financial performance review

• FY2026 operating revenue rose 8% to AUD 96.1m, net revenue increased 9% to AUD 74.4m, and funds under management, advice and administration grew 7% to AUD 15.88bn.

• Underlying EBITDA grew 16% to AUD 33.9m; underlying NPAT rose 15% to AUD 24.2m and underlying EPS increased 15% to AUD 0.768.

• Statutory NPAT fell 28% to AUD 13.4m, reflecting the one-off AUD 7.95m ASIC penalty and legal costs; operations remained debt-free, with AUD 37.1m cash and cash equivalents at year-end.

• Operating cash flow was AUD 24.9m; funds under advice reached AUD 5.5bn, while platform funds under administration totaled AUD 4.31bn at 30 June 2026.

Board and executive committee updates

• Kerry Skellern OAM stood for re-election after retiring by rotation; the motion was put as an ordinary resolution.

• Some superannuation trustee directors are due to retire in 2027; new directors have begun attending meetings to support succession and fill vacancies.

• The Executive Chairman received no options for FY2026 despite 15% underlying NPAT growth.