Region Group (RGN) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with acknowledgment of traditional land custodians and introduction of directors, management, and auditors.

• Chair and CEO addresses focused on financial performance, key priorities, value creation, and governance matters.

• Agenda included Chair and CEO addresses, formal business, resolutions, and Q&A.

Financial performance review

• FFO for FY 2025 was AUD 15.50 per security, up from AUD 15.40; AFFO was AUD 13.70, up from AUD 13.60.

• Statutory profit reached AUD 212.5 million, assets under management increased to AUD 5.2 billion, up 8.7%.

• Comparable net operating income grew 3.2%; net tangible assets per security increased to AUD 2.47.

• Total shareholder return was 14.9%, in line with the S&P ASX 200 A-REIT index.

• On-market security buy-back of 2.2 million securities at an average price of AUD 2.30.

Board and executive committee updates

• CEO Anthony Mellowes announced retirement, effective May 2026, with Greg Chubb appointed as successor.

• Director Belinda Robson retired; Rhonda Jane Lloyd nominated as new director.

• Chair and CEO highlighted FY25 achievements, operational performance, and strategic outlook.