Helia Group (HLI) AGM 2025 summary

Opening remarks and agenda

• Chair opened the hybrid AGM, confirmed quorum, and outlined procedures for both in-person and virtual participation.

• Introduced board members, CEO, company secretary, and auditor, and explained how shareholders could ask questions and vote.

Financial performance review

• Reported 2024 statutory NPAT of AUD 232 million and underlying NPAT of AUD 221 million, with gross written premium up 6% to AUD 196 million.

• Total shareholder return was 18%, outperforming the ASX 200 by over 6%; capital management returned AUD 345 million to shareholders via dividends and buybacks.

• Insurance in force reached AUD 235 billion, with over 810,000 policies active and 31,000 home buyers supported in 2024.

• Net tangible assets per share rose 5% to AUD 3.93; PCA coverage ratio increased to 2.1x.

• Negative claims outcome of -AUD 37 million due to benign claims experience, not expected to continue.

Board and executive committee updates

• Board renewal continued with the retirement of three directors and appointment of two new directors, both standing for election.

• Board expressed thanks to outgoing directors and highlighted the skills and experience of new appointees.