Praemium (PPS) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with acknowledgment of traditional owners and confirmation of quorum, with a hybrid format enabling both in-person and virtual participation.

• Introductions of directors, management, auditors, and registry representatives were made.

• Agenda included Chairman's and CEO's reports, shareholder Q&A, and formal resolutions.

Financial performance review

• Achieved record FY25 EBITDA of AUD 28.1 million, up 31% year-on-year, and a 55% increase in NPAT, surpassing analyst expectations.

• Platform revenue grew 32% to AUD 82 million, now comprising 80% of total revenue.

• $12.3 million returned to shareholders during FY25.

• Successful integration of OneView/OneVue business contributed to an estimated AUD 3 million annual earnings uplift.

• Elevated capital expenditure in FY25 and early FY26 due to superannuation system development, expected to normalize in the second half of FY26.

Board and executive committee updates

• Welcomed new CFO Emma Stepcic; executive team now consists of CEO, CFO, Chief Strategy Officer, COO, CTO, and Chief Risk, Compliance and People Officer.

• Leadership changes described as part of normal renewal and succession planning.