Slides
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Annual General Meeting 5 November 2026 (ASX : BRG)
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2 Disclaimer 2 To the extent this Presentation contains any forward - looking statements, such statements are not guarantees of future performance and involve known and unknown risks and uncertainties and other factors, many of which are beyond the control of BRG Group, its Directors and management, and involve elements of subjective judgement and assumptions as to future events which may or may not be correct . Actual performance may differ materially from these forward - looking statements . A number of important factors could cause actual results or performance to differ materially from the forward - looking statements . The forward - looking statements are based on information available to BRG Group as at the date of this Presentation . Except as required by law, including the ASX Listing Rules, BRG Group undertakes no obligation to provide any additional or updated information, whether as a result of new information, future events or results or otherwise .
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Acknowledgement of Country We would like to acknowledge the traditional custodians on whose land we meet today. We would like to pay respect to their Elders: past and present; and further extend that respect to all Aboriginal and Torres Strait Islanders present here today. We celebrate the continuing contribution of their food culture, connection to, and custodianship of, this country.
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4 Agenda 1. Chair’s Address – Timothy Antonie 2. Managing Director & CEO’s Address – Jim Clayton 3. Formal Items of Business • Annual Report • Remuneration Report • Re - election and Election of Board Endorsed Directors • Election of Non - Board Endorsed Director • Grant of Rights to Managing Director & CEO • Increase in Non - Executive Directors’ Fee Pool • Grant of NED Rights to Non - Executive Directors 4
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5 Chair’s Address Timothy Antonie 5
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6 6 Strong FY26 and Sustained Multi - Year Growth
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7 7 FY26 Financial Highlights REVENUE A$1.8bn +6.7% vs FY25 | 13.2% 7-year CAGR EBIT A$207m +1.2% vs FY25 | 11.4% 7-year CAGR NET CASH A$104.4m +115% vs FY25 MARKETING / R&D / TECH SPEND A$261.6m 14.4% of sales | 15.2% 7-year CAGR EPS 95.5c +1.2% vs FY25 DIVIDENDS 38cps +2.7% vs FY25
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8 Sustained investment in strategic platforms continued Manufacturing diversification delivered on time and quality standards achieved Robust delivery across key strategic and operational initiatives Operational Headlines 8 NPD releases drive Coffee & Cooking double - digit revenue growth US tariff impact substantially managed Newer geographies deliver over 70% year - on - year revenue growth
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9 Business Sustainability Sustainability reporting 9 Ethical sourcing Governance Mandatory climate - related disclosures Responsible sourcing across our supply chain Board renewal, skills and independent oversight 01 02 03
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10 Thank You 10 • BRG Global Team • Shareholders • Suppliers, Retail Partners and Consumers
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11 CEO’s Address Jim Clayton 11
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12 • The Numbers • New Products and New Countries Performance • AI Transformation • 1HFY27 Update CEO’s Address – Agenda 12
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13 Group Summary Result Record $1.8bn sales; manufacturing diversification delivered; EBIT in line with budget and guidance Commentary 1 ROE is calculated based on NPAT for the 12 months ended 30 June 2026 (FY25: 12 months ended 30 June 2025) divided by the average of shareholders’ equity in June each year and 12 months earlier. • Double-digit Global cc Revenue growth in 2H26 lifting the FY to 9.7% • Reported revenue suppressed by significantly weaker USD and Euro in 2H26 • FY Gross margin % 60bps below PY • Manufacturing diversification boosts 2H26 Gross Margins to 36.8% above both pcp (36.4%) and 1H26 (35.4%) • Sustained investment in growth drivers of business including new markets and store-in-stores • EBIT in line with budget and guidance • NPAT growth of 1.7% supported by lower average borrowing cost • Strong underlying cash flow with net cash position improving over the pcp 13 AUDm FY26 FY25 % Growth Revenue 1,810.9 1,696.6 6.7% Global cc Rev growth 9.7% Gross Profit 651.4 620.5 5.0% Gross Margin (%) 36.0% 36.6% EBITDA 284.1 271.9 4.5% EBIT 207.0 204.6 1.2% EBIT Margin (%) 11.4% 12.1% NPAT 138.1 135.9 1.7% Basic EPS (cents) 95.5 94.4 1.2% Dividend per share (cents) 38.0 37.0 2.7% Franked (%) 100% 100% ROE1 (%) 13.6% 14.9% Net cash / (debt) 104.4 48.5
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14 Global Product Segment by Theatre Second half double - digit growth 14 1CC: constant currency AUDm GLOBAL PRODUCT SEGMENT REVENUE FY26 FY25 % Growth % Growth CC1 Americas 879.3 822.2 6.9% 10.8% EMEA 408.1 374.4 9.0% 8.5% APAC 324.4 304.0 6.7% 8.3% TOTAL 1,611.8 1,500.6 7.4% 9.7% Americas: Double-digit cc revenue growth. Coffee in double-digits led by premium NPD launches and strong Barista Express growth. Cooking in double digits and Food Prep in single digit growth. 300 Best Buy store-in-stores performing well driving sales and up trading. EMEA: Direct markets in double-digit cc revenue growth led by Coffee including NPD. Exceptional start in the Middle East despite challenges. More moderate performance in distributor markets. APAC: Direct markets (Aus, NZ, China and Korea) in double-digit cc revenue growth. Very encouraging China sales and Korea going from strength to strength. Total Theatre growth of 8.3% included a strengthened 2H of 11.5% as cyclical sales in distributor-led markets normalised.
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15 AUDm1 June 26 June 25 Inventory 465.8 426.3 Receivables 310.6 302.3 Trade and other payables (321.1) (309.9) WORKING CAPITAL 455.3 418.7 PPE 111.7 92.3 Development costs & software 115.2 102.7 Goodwill, brands and licences 335.2 348.0 Other (liabilities) / assets (63.5) (36.5) NET ASSETS EMPLOYED 953.9 925.2 Net (cash) / debt (104.4) (48.5) Shareholders’ equity 1,058.3 973.7 CAPITAL EMPLOYED 953.9 925.2 Financial Position at 30 June Balance sheet strength supports strategic investments Commentary • Strong underlying cashflow supporting an improved net cash position • Earlier build of US inventory from new manufacturing facilities • Receivables seasonally normal with days outstanding flat on pcp • Continued capital investment in business growth drivers o PPE growth includes BBY store-in-store expansion and diversified manufacturing tooling o Growing development costs and software reflects an increased investment in a healthy NPD pipeline o Fx driving movement in Goodwill, brands and licences • Unused debt facilities of $364.4m and cash of $193.4m provides flexibility for normal seasonal inventory build as well as funding growth opportunities ROE%2 13.6% 14.9% 1 Minor differences may arise due to rounding 2 ROE is calculated based on NPAT for the 12 months ended 30 June 2026 (FY25: 12 months ended 30 June 2025) divided by the average of shareholders’ equity in June each year and 12 months earlier. 15
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16 • The Numbers • New Products and New Countries Performance • AI Transformation • 1HFY27 Update CEO’s Address – Agenda 16
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17 17 New Product Launches
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Powered by T a p & Know Digital Brand Ambassador Introducing
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19 19 New Geographies Performing Well Breville|Sage Net Sales Performance, Constant Currency FY23 FY24 FY25 FY26 40.2% 34.3% 74.0% Mexico China South Korea Middle East
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20 • The Numbers • New Products & New Countries Performance • AI Transformation • 1HFY27 Update CEO’s Address – Agenda 20
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21 21 What’s the Point: Velocity & Quality Innovation - Driven Growth Flywheel 2016-2025 NPD GTM Geography 2026+ • Headcount • Money • Headcount • Tokens • Money • The unlock of AI is it adds “tokens” as a velocity input • Amplifying the employee base, both at the individual and team level, drives flywheel acceleration—everything happens faster, covering more ground with the same level of effort • It shortens time to value, delivers a better end product, and pulls forward operating leverage R
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22 22 AI Program Moving to Phase II Individual Phase II Team/Function Amplification AI Infrastructure Agents/Process Automation Training & Enablement Team/Function Phase I Individual Amplification “Me” “We”
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23 • The Numbers • New Products & New Countries Performance • AI Transformation • 1HFY27 Update CEO’s Address – Agenda 23
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24 1HFY27 Update 24 • New products and new geographies continuing to perform well. • While the environment is dynamic, period - to - date, the overall business is performing within the planning parameters. • The global environment is creating some operational complexities, which our operations team is managing. • Consistent with prior years, we expect to give FY guidance with our half year results.
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Annual General Meeting 5 November 2026 (ASX : BRG)