FleetPartners Group (FPR) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with acknowledgment of traditional land owners and a moment of silence for victims of the Bondi terrorist attack.

• Overview of business achievements for FY 2025 and agenda for CEO and Board updates, Q&A, and voting on resolutions.

• Chair and CEO/MD addresses were scheduled, followed by voting and an appendix.

Financial performance review

• Core income grew 6% to AUD 169 million, aligned with average AUMOF growth.

• NPATA pre-EOL increased 9% to AUD 41 million; earnings per share up 3% to 37.5 cents.

• Organic cash flow was AUD 93 million, enabling a return to a net cash position by September 2025.

• New business writings declined 16% year-on-year, but AUMOF grew to AUD 2.3 billion.

• EOL income declined 14% due to fewer units sold and lower per-unit returns.

Board and executive committee updates

• Board renewal nearly complete, with diversity and strong governance skills highlighted.

• Chair Gail Pemberton standing for likely final term, with succession planning discussed.

• Board chaired by Gail Pemberton, with a diverse executive team including CEO/MD Damien Berrell and CFO James Owens.

• Rob McDonald emphasized governance, risk management, and New Zealand perspective.