Resimac Group (RMC) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with acknowledgment of traditional land custodians and confirmation of quorum, with all required notices and reports distributed to shareholders.

• Board members, executives, and audit partner introduced; stakeholders and investors welcomed.

• Three resolutions to be considered, with voting conducted by poll and online platform.

Financial performance review

• Normalized operating profit before impairment and tax increased 13% to AUD 78.6 million for FY25.

• Return on equity reached 12.5% in the second half of FY25; strong organic growth in mortgages and asset finance.

• Mortgage settlements grew 14%, raising AUM to AUD 13.4 billion; asset finance AUM rose 27% to AUD 1.4 billion.

• Sale of surplus non-core ASX-listed assets realized a gain of AUD 6.4 million.

Board and executive committee updates

• Pete Lirantzis appointed CEO in April 2025, bringing continuity and focus on digital transformation.

• Susan Hansen recognized for service as Interim CEO during a key acquisition period.

• Board composition and committee structures reviewed, with an independent board review conducted.

• Former Chairman Warren McLeland remains as Deputy Chair and non-executive director.