Latitude Financial Services Group (LFS) AGM 2026 summary

Opening remarks and agenda

• Meeting opened at 10:00 A.M. in Melbourne with quorum confirmed and voting declared open.

• Shareholders were briefed on voting procedures and question submission, with many votes and questions received in advance.

• Directors, Company Secretary, and key executives were introduced, with apologies for absent directors.

Financial performance review

• Cash net profit after tax for 2025 reached AUD 105 million, up 59% from 2024, driven by record purchase and lending volumes.

• Gross receivables hit a five-year high, and tangible equity ratio closed at 7.1%, within the 6%-7% target.

• Credit card transactions and new loan volumes grew to AUD 9.1 billion, up 10%, with operating income rising 15% to AUD 839 million.

• Cost income ratio improved to 43.1% on a normalized basis.

Dividend announcements

• Second half 2025 dividend of AUD 0.05 per share, fully franked, declared; first half dividend was AUD 0.04 per share, unfranked.