Origin Energy (ORG) Investor Update summary

Strategic Positioning and Energy Transition

• Focus on leading the energy transition with unrivaled customer solutions, accelerating renewables and cleaner energy, and delivering reliable energy through the transition.

• Competitive advantages include a leading customer position, world-class platform, largest gas-fired generation fleet, and exposure to global growth via Octopus.

• Positioned to benefit from rising electricity demand, increased renewables, and electrification trends, targeting 4–5 GW renewables and storage by 2030.

• Emphasis on digital and data capabilities to optimize distributed energy resources and enhance customer engagement.

• Ambition to decarbonize portfolio in line with a 1.5°C pathway, supporting net zero aims and innovation in customer offerings.

Retail and Customer Solutions

• Maintains a leading customer portfolio with ~4.7 million accounts, strong brand preference, and award-winning customer experience.

• Retail business has grown across all product areas, including electricity, gas, broadband, and embedded networks.

• Virtual Power Plant (VPP) is among the largest globally, integrating hundreds of thousands of distributed assets and targeting 2 GW by 2026.

• Electrification and multi-product offerings are driving customer lifetime value and reducing churn, with churn rates 7% below market average.

• Focus on digitization, AI, and partnerships to enhance customer experience and lower costs.

Origin Zero and Business Decarbonization

• Origin Zero supports large businesses in reducing Scope 1, 2, and 3 emissions through energy supply, on-site carbon reduction, electrification, and offsets.

• Rapid growth in distributed energy resources, e-mobility, and VPP integration for business customers.

• Examples include partnerships with Coles and City of Melbourne for solar, storage, and orchestration.

• E-mobility services are expanding, with 900 EVs under management and new salary sacrifice offerings.

• Commodity business remains a core earnings driver, but distributed assets and orchestration are expected to grow in share.