Orora Group (ORA) AGM 2026 summary

Financial performance review

• Underlying FY26 EBITDA was $420.3m, up $1.5m or 0.3%; EBIT was $248.2m, down $13.9m or 5.3%; NPAT was $142.2m and EPS was 11.4c, flat vs FY25.

• Operating cash flow was $290.7m with 98.3% cash realisation; net debt was $481.1m and leverage was 1.2x.

• Cans revenue was $880.0m, up 13.3% reported; EBITDA was $131.2m, up 10.5% reported, and EBIT was $111.4m, up 7.3% reported.

• Glass remained pressured by price and mix shifts; a €449.7m / $742.8m non-cash Glass impairment was recorded in FY26.

• Around $118m of shares were bought back in FY26; under the program announced in February 2026, 8.4m shares costing $16.9m were acquired.

Board and executive committee updates

• Rob Sindel served as Chair and Brian Lowe as Managing Director and CEO; Independent Non-Executive Directors were Michael Fraser, Tom Gorman, Sarah Hofman, Jackie McArthur and Claude-Alain Tardy.

Corporate governance

• FY26 governance practices complied with the ASX Corporate Governance Principles and Recommendations, 4th edition; the practices are summarised in the Corporate Governance Statement incorporated into the Annual Report.

• The Board committed to maintaining collective diversity, skills and experience aligned with business objectives and high governance standards.