Slides
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2026 Annual General Meeting 22 October 2026 1
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2 Bapcor would like to acknowledge the Traditional Custodians throughout the countries we operate. We recognise the continued connection of all First Nations people in Australia, New Zealand and Asia and we embrace building our communities together as multicultural nations. Acknowledgement of Country
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Contents 3 1 Introduction 2 Chair address 3 CEO & MD address 4 Items of business 5 General Questions
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Introduction 4
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Chair’s address Lachlan Edwards 7
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CEO & MD’s address Chris Wilesmith 8
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Market context The fundamental driver of the Australian aftermarket – the vehicle parc - remains robust 9Source: Fifth Quadrant, September 2026 Australian Parc & Warranty Forecast 0 5 10 15 20 25 30 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Australian vehicle parc, by segment (2014-35F) Millions of vehicles Heavy commercial Light commercial SUV Passenger CAGR% (2014-26)(26-35) 4.8 2.5 4.5 1.4 7.9 4.8 (1.9) (0.7) Total 2.2 2.2 2.2 Forecast
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Market context The vehicle parc is evolving, driven by electrification, rapid growth of Chinese manufacturing, warranty expansion, and increased vehicle lifespan (1 of 2) 10Source: Fifth Quadrant, September 2026 Australian Parc & Warrant Forecast 0 5 10 15 20 25 30 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Australian vehicle parc (passenger, SUV, LCV, HCV), by brand warranty status (2026F-35F) Millions of vehicles In-warranty Out-of-warranty 0 1 2 3 4 5 6 7 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Australian vehicle parc (passenger, SUV, LCV, HCV), by age bracket (2014-35F) Millions of vehicles Over 20 years 16 to 20 years 11 to 15 years 6 to 10 years 2 to 5 years New Forecast
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Market context The vehicle parc is evolving, driven by electrification, rapid growth of Chinese manufacturing, warranty expansion, and increased vehicle lifespan (2 of 2) 11 Source: Fifth Quadrant, September 2026 Australian Parc & Warranty Forecast Note: Brand Country of Origin (COO) classifies as follows: Japan (Toyota, Mazda, Nissan, Mitsubishi, Subaru, Suzuki, Honda, Isuzu, Lexus); Korea (Hyundai, Kia); USA (Ford, Tesla, Jeep); Europe (VW, Audi, BMW, Mercedes, Volvo, Land Rover); China (MG, GWM, BYD, LDV); Australia (Holden) 0 2 4 6 8 10 12 14 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Australian vehicle parc (passenger, SUV, LCV and HCV), by brand Country of Origin (2014-35F) Millions of vehicles Other countries Australia North America Europe China Korea Japan 0 5 10 15 20 25 30 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Australian vehicle parc (passenger, SUV, LCV and HCV), by drivetrain (2014-35F) Millions of vehicles LPG/Other Diesel Petrol Hybrid PHEV BEV Forecast Forecast
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The future of the automotive aftermarket industry is bright 12 The parts may change, but what our customers need from us doesn’t: the right parts, the right service and reliable delivery
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Summary of FY26 results FY26 EBITDA above May 26 guidance. Initiatives to turnaround business delivered improved H2 momentum 14
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Business turnaround Targeted management actions implemented in 2H26 to restore performance 15
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Key appointments Strengthened the leadership team 16 Angus McDonald Chief Operating & Strategy Officer Rebekah Newman Chief People & Culture Officer Steve Gardner Executive General Manager Retail Craig Magill Executive General Manager Trade Guy Nicholls General Manager Commercial Vehicle Group
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` FY27 outlook • Reaffirming FY27 outlook provided at the August FY26 results, as follows: • Underlying NPAT is expected to be materially weighted to the 2H FY27 • Modest revenue growth expected in FY27 due to the impact of the Middle East conflict and cost of living pressures moderating the benefits of turnaround initiatives. • Benefits will be largely reinvested in technology and people • Capital expenditure and depreciation and amortisation are expected to be in line with FY26 levels Q1 27 trading update • Q1 FY27 sales update versus Q1 FY26: • Total Trade parts sales increased 2.5% and increased 1.6% on a like-for-like (LFL) basis. Importantly, market share was higher - an encouraging sign that the focus on competitive pricing, product availability and customer engagement is delivering results • Sales across the Networks segment, comprising CVG, JAS and Wholesale, increased 4.1% • Modest LFL sales growth in New Zealand, in local currency • The retail environment remains soft, with total and LFL sales negatively impacted by cost-of-living pressures and less effective promotional activity. Growth in non-discretionary categories was more than offset by declines in discretionary categories. Promotional activity is in place to build sales momentum during the peak Black Friday and Christmas trading periods • On a constant currency basis, Group LFL sales increased 0.5%, with total sales up 0.3% • Total sales have declined 0.5% due to closures of unprofitable stores in Retail • Trade and Retail gross margin percentage improved compared with Q1 FY26, reflecting the benefits of the targeted pricing initiatives implemented in 2H FY26 • Cost optimization activities underway across the business including supply chain and non-product procurement cost reduction initiatives implemented in Q1 FY27 • Net debt reduced by $19M from 30 June 2026 to $116M at 30 September 2026, primarily driven by operating cash flow FY27 outlook reaffirmed, Q1 27 trading update 17
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The future will be different but even more exciting for our industry 18 Source: AI generated image
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Items of Business 19
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Item 1: Financial and related reports 20 To receive and consider the financial report of the Company and its controlled entities and the related directors’ and auditor’s reports in respect of the financial year ended 30 June 2026.
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Resolution 1A: Re - election of Mr Andrew Fraser as Director 21 "THAT Mr Andrew Fraser, having been appointed as a Director on 1 July 2026 and who retires as a Director of the Company in accordance with rule 6.1(e) of the Constitution and, being eligible, offers himself for re- election, be re-elected as a Director of the Company.” Proxy Results Votes % Total For 437,267,091 99.58% Against 1,046,977 0.24% Open 803,040 0.18% Total Valid Proxies 439,117,108 100% Abstain 605,876
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Resolution 1B: Re - election of Ms Kathryn (Kate) Spargo as Director 22 "THAT Ms Kathryn Spargo, having been appointed as a Director on 1 March 2023 and who retires as a Director of the Company in accordance with rule 6.1(e) of the Constitution and, being eligible, offers herself for re- election, be re-elected as a Director of the Company.” Proxy Results Votes % Total For 276,948,427 63.08% Against 161,347,219 36.74% Open 804,540 0.18% Total Valid Proxies 439,100,186 100% Abstain 622,798
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Resolution 2: Adoption of the Remuneration Report (Non - binding resolution) 23 "THAT the Remuneration Report of the Company and its controlled entities for the year ended 30 June 2026 be adopted." Proxy Results Votes % Total For 433,662,525 98.75% Against 4,645,792 1.06% Open 834,293 0.19% Total Valid Proxies 439,142,610 100% Abstain 560,448
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Resolution 3A: Approval for the grant of FY26 Performance Rights to CEO & Managing Director under the LTIP 24 "THAT, for the purposes of ASX Listing Rule 10.14 and for all other purposes, shareholder approval is given for the grant of FY26 Performance Rights over Shares in the Company to Mr Chris Wilesmith (or his nominee(s)), pursuant to the terms of the LTIP and as set out in the Explanatory Memorandum accompanying this Notice.” Proxy Results Votes % Total For 431,217,807 98.19% Against 7,224,285 1.64% Open 757,684 0.17% Total Valid Proxies 439,199,776 100% Abstain 523,208
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Resolution 3B: Approval for the grant of FY27 Performance Rights to CEO & Managing Director under the LTIP 25 "THAT, for the purposes of ASX Listing Rule 10.14 and for all other purposes, shareholder approval is given for the grant of FY27 Performance Rights over Shares in the Company to Mr Chris Wilesmith (or his nominee(s)), pursuant to the terms of the LTIP and as set out in the Explanatory Memorandum accompanying this Notice.” Proxy Results Votes % Total For 431,278,866 98.20% Against 7,170,791 1.63% Open 757,684 0.17% Total Valid Proxies 439,207,341 100% Abstain 515,643
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Resolution 4: Approval for issue of equity rights to CEO & Managing Director under the Group Retention Program 26 "THAT, for the purposes of ASX Listing Rule 10.14 and for all other purposes, shareholder approval is given for the Company to grant 215,891 equity rights to Mr Chris Wilesmith (or his nominee(s)), pursuant to the Group Retention Program and LTIP and on the terms set out in the Explanatory Memorandum accompanying this Notice.” Proxy Results Votes % Total For 412,309,063 93.89% Against 26,043,380 5.93% Open 800,849 0.18% Total Valid Proxies 439,153,292 100% Abstain 569,692
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Resolution 5: Approval for provision of potential termination benefits to CEO & Managing Director 27 "THAT, for the purposes of sections 200B, 200C and 200E of the Corporations Act 2001 (Cth) and for all other purposes, shareholders approve the giving of benefits to Mr Chris Wilesmith, in connection with his ceasing to hold an office, or position of employment, in Bapcor Limited or a related body corporate, on the terms set out in the Explanatory Memorandum accompanying this Notice.” Proxy Results Votes % Total For 436,135,898 99.31% Against 2,247,429 0.51% Open 769,386 0.18% Total Valid Proxies 439,152,713 100% Abstain 570,271
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Resolution 6: Approval of the issue of securities under the Long Term Incentive Plan 28 "THAT, for the purposes of Exception 13 in ASX Listing Rule 7.2 and for all other purposes, Shareholders approve the issue of securities under the Long Term Incentive Plan, on the terms and conditions set out in the Explanatory Memorandum accompanying this Notice.” Proxy Results Votes % Total For 436,631,350 99.42% Against 1,694,894 0.39% Open 810,792 0.19% Total Valid Proxies 439,137,036 100% Abstain 571,044
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General Questions 29
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Disclaimer The material in this presentation has been prepared by Bapcor Limited (“Bapcor”) ABN 80 153 199 912 and is general background information about Bapcor’s activities current at the date of this presentation. The information is given in summary form and does not purport to be complete. Information in this presentation, including forecast financial information should not be considered as advice or a recommendation to investors or potential investors and does not take into account investment objectives, financial situation or needs of any particular investor. These should be considered, with or without professional advice when deciding if an investment is appropriate. Persons needing advice should consult their stockbroker, solicitor, accountant or other independent financial advisor. The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restrictions. This presentation does not constitute, or form part of, an offer to sell or the solicitation of an offer to subscribe for or buy any securities, nor the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issue or transfer of the securities referred to in this presentation in any jurisdiction in contravention of applicable law. Certain statements made in this presentation are forward-looking statements. These forward-looking statements are not historical facts but rather are based on Bapcor’s current expectations, estimates and projections about the industry in which Bapcor operates, and beliefs and assumptions. Words such as "anticipates”, "expects”, "intends,", "plans”, "believes”, "seeks”, "estimates”, and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond the control of Bapcor, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward- looking statements. Bapcor cautions investors and potential investors not to place undue reliance on these forward-looking statements, which reflect the view of Bapcor only as of the date of this presentation. The forward-looking statements made in this presentation relate only to events as of the date on which the statements are made. Bapcor will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this presentation except as required by law or by any appropriate regulatory authority. 30 Other – Non - International Financial Reporting Standards (Non - IFRS) information This presentation makes reference to certain non-IFRS financial measures which are useful for the users of the financial report as they provide additional and relevant information that reflect the underlying financial performance of the business. Non-IFRS financial measures contained within this report are not subject to audit or review.
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A leading ANZ aftermarket provider of vehicle parts, accessories, equipment, service and solutions 31