Trifast (TRI) AGM 2026 summary

Opening remarks and agenda

• AGM held on 8 September 2026; CEO Iain Percival presented the update under “Recover, Rebuild, Resilience.”

• Notice dated 8 July 2026 was taken as read; formal resolutions preceded a separate Q&A.

Financial performance review

• FY26 underlying EBIT margin reached 7.8%, up from 6.7% in FY25 and 5.1% in FY24, including ~110bps improvement; medium-term ambition remains above 10%.

• FY26 delivered further profit improvement and cash generation, with capital discipline and low leverage; FY25 was the first full year of Recover, with leverage below 1x.

• Automotive fell from ~50% to ~37% of revenue, while Smart Infrastructure rose from ~9% to 17%.

Board and executive committee updates

• Serena Lang introduced CEO Iain Percival, CFO Kate Ferguson and non-executive directors Clive Watson, Louis Eperjesi, Laura Whyte and Nicholas Mills; she described the board as strong and stable.

• Board Fellow Pooja Bagga completed her final board meeting after contributing questions and perspectives during the previous year.