Pacific Edge (PEB) AGM 2026 summary

Opening remarks and agenda

• Chair welcomed attendees, acknowledged predecessor's service, and reflected on the company's journey and recent milestones, emphasizing the significance of the draft Medicare coverage for Cxbladder Triage and Triage Plus.

• Meeting agenda included addresses, Q&A, six resolutions, voting, and general business.

• Directors, senior management, and auditors were introduced; apologies were recorded.

• Housekeeping and participation instructions were provided for both in-person and online attendees.

Financial performance review

• FY26 operating revenue dropped 47.4% to $11.5M, and commercial test volumes fell 23.8% due to Medicare non-coverage.

• Net loss after tax increased 19.5% to $35.8M; cash burn reduced by 27.7% in 2H26 through expense management.

• APAC region showed profitable operations on a direct cost basis, with increasing test throughput and margins.

• A $36.1M capital raising post-balance date strengthened the balance sheet and supported strategic delivery.

Board and executive committee updates

• Simon Flood chaired his first AGM after joining the board in December and assuming the role of Chair.

• New board members introduced, with a focus on cash management and communications.

• Bryan Williams was up for re-election, and Simon Flood for election as director.

• Board process and governance described as a gentle evolution, maintaining strong oversight and transparency.

• Director induction and ongoing collaboration between board and management highlighted.