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FY26 Half Year Results 19 February 2026 For personal use only
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Overview 2 Highlights & operating review Andrew Alcock, Managing Director & CEO Financial results Kitrina Shanahan, Chief Financial Officer Strategy & outlook Andrew Alcock, Managing Director & CEO For personal use only
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HUB24 – Australia’s leading platform 31. Investment Trends 2025 Platform Competitive Analysis and Benchmarking Report. 2. Investment Trends 2025 Adviser Technology Needs Report. 3. Plan for Life data, September 2025. Administrator View. Adjusted to exclude the $33.6 billion migration from BT Super to Merc er in the June 2023 quarter. #1 platform net inflows refers to eight quarters to 30 September 2025. #1 market share gains refers to quarter and year ending 30 September 2 025. 4. APRA, Annual fund-level superannuation statistics. Net flows for FY25. Net inflows from inward and outward superannuation rollov ers excluding successor fund transfers. Our market-leading platform… Australia’s best platform 4th year running1 #1 managed account capability (awarded to HUB24 in 9 of the last 10 years)1 …driving strong adviser advocacy #1 net inflows from super member switching across all super funds4 #1 platform net inflows for eight consecutive quarters3 $10.7b of net inflows a company record for a half-year #1 platform market share gains over the last quarter and year3 For personal use only
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Recognised for innovation, customer service and product leadership 4 1. Investment Trends 2025 Platform Competitive Analysis and Benchmarking Report. 2. Investment Trends 2025 Adviser Technology Needs Report. 3. Adviser Ratings 2025 Australian Financial Advice Landscape Report. 4. 2025 Wealth Insights Platform Service Level Report. • #1 Best in Product Offering1 • #1 Best in Decision Support Tools1 • #1 Best in Reporting1 • #1 Best in Online Business Management1 • #1 NPS for all platform users2 • #1 Platform Reliability2 • #1 Tax Optimisation tools2 • #1 Contact Centre Support2 • #1 Cyber Security Measures2 • #1 Regulatory Support Tools2 • #1 Online Transaction Capabilities2 • #1 Range of investment Options2 #1 Best Platform Overall1 4 years running HUB24 Platform ranked: • #1 Overall Satisfaction3 HUB24 Super ranked: • #1 Super Fund Satisfaction3 • #1 Best Adviser Experience3 • #1 Best Client Experience3 • #1 Ease of Onboarding3 • #1 Overall Functionality3 • #1 Best Investment Options3 • #1 Platform Offering4 • #1 Ease of Doing Business4 • #1 Reporting & Communication4 • #1 IT/Web functionality4 #1 Best Platform Managed Accounts Functionality1 #1 Overall Satisfaction Wrap Platforms2 #1 Actual Advocacy2 4 Investment Trends 2025 Managed Accounts Report • #1 Overall Satisfaction • #1 Innovation • Equal #1 Good Communication Class ranked: • #1 Feature Rich • #2 Primary market share • #2 Brand awareness • #2 Good Service • #2 Educator NowInfinity ranked: • #1 Innovative • #1 Primary market share • #2 Brand awareness Investment Trends 2025 SMSF Accountant Report Adviser Ratings 2025 Australian Financial Advice Landscape Report 2025 Wealth Insights Platform Service Level Report For personal use only
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Andrew Alcock Managing Director & CEO Highlights & operating review For personal use only
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$104.9m $93.3m $14.1m $245.9m $199.7m $41.9m Underlying EBITDA²Revenue 35% 40% 2% 26% 30% 10% PARS FUA $24.4b Total FUA $152.3b 26% Platform FUA $127.9b 29% $129.8b as at 16 Feb 20263 11% Statutory NPAT $59.7m Underlying NPAT2 $68.3m Interim Dividend 36.0cps Underlying EPS (diluted) 82.9cps Fully franked4 Total Group Platform Tech Solutions Total Group Platform 50% 63% 60% 80% Tech Solutions 6 1. Comparisons are from 1HFY25, unless stated otherwise. 2. HUB24’s preferred (non-IFRS) measure which is used to assess the operating performance of the business Underlying NPAT represent s Net Profit After Tax excluding notable items. See the HUB24 Analyst & Investor Pack for a reconciliation. 3. Unaudited. 4. 1HFY26 and 1HFY25 dividends are both fully franked. 1HFY26 financial highlights1 For personal use only
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1HFY26 business highlights 7 1. The number of accounts across Class Super, Class Portfolio and Class Trust products increased by 9,559 in the 12 months to 31 December 2025. 2. ASIC company registration statistics. Growth in companies on NowInfinity’s Corporate Messenger for the 12 months to 31 December 2025. 3. Engage was launched in September 2025 after previously being available to a select group of clients. 4. Due diligence is progressing. Subject to APRA and other regulatory approvals. Record half-year net inflows of $10.7 billion in 1HFY26 Continued industry recognition as platform market-leader Strong early adoption of Private Invest (launched FY25) with FUA growing to $0.3 billion Largest annual increase in Class accounts since 20201 NowInfinity growing faster than system2 Commenced development of myhub, an ecosystem integrating leading advice technology solutions leveraging HUB24 Group capabilities Launched Engage, market-leading customised and interactive reporting capability now with ~4,700 users3 Expanding retirement solutions with development of an Innovative Lifetime Retirement Solution (IRIS) with TAL Evolving and investing in our organisation to support growth and strategic execution while maintaining market leadership Investing in new solutions and leveraging technology to drive increased growth and opportunity Continuing to build a strong risk culture and advocating across the industry for positive change Strategic decision to transition trustee for HUB24 Super Fund into HUB24 Group4 Leadership and growth Executing our strategy Building for the future For personal use only
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Consistently delivering growth and profitability 81. Revenue and UEBITDA shown represents a continuing business view. Group Revenue1 4-YR CAGR +32% Group UEBITDA1 4-YR CAGR +37% UEBITDARevenue $0m $10m $20m $30m $40m $50m $60m $70m $80m $90m $100m $110m $0m $50m $100m $150m $200m $250m $300m 1HFY22 1HFY23 1HFY24 1HFY25 1HFY26 Group UEBITDACorporate Revenue Tech Solutions RevenuePlatform Revenue Funds under administration 4-YR CAGR +22% $0b $30b $60b $90b $120b $150b $180b 1HFY22 1HFY23 1HFY24 1HFY25 1HFY26 PARS FUAPlatform FUA FUA For personal use only
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Growing our market share 91. Latest available data, Plan for Life Master Trusts, Platforms & Wraps, September 2025. Based on Administrator View. Market share change between 30 September 2024 and 30 September 2025. Industry trends are the 12 months to 30 September 2025 (with the PCP representing the trends in the 12 months to 30 September 2024). Top 10 platforms by FUA as at September 20251 12-month change in market share of top 10 platforms1 HUB24 ranked #6 by FUA (up from #7)1 HUB24 increased market share by 1.5% to 9.3% over last 12 months1 Record industry annual net flows of $45b (pcp $21b)1 1.5% 1.0% 0.0% (0.0%) (0.0%) (0.2%) (0.2%) (0.5%) (0.7%) (0.8%) (1.5%) (1.0%) (0.5%) 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% HUB24 NetwealthFuture Super Mercer Praemium CFS AMP BT Insignia Macquarie Gaining market share Losing market share HUB24 #1 market share gain 18.4% 13.0% 12.8% 11.7% 11.2% 9.3% 9.2% 6.3% 2.5% 1.0% $0b $50b $100b $150b $200b $250b $300b Insignia CFS Macquarie BT AMP HUB24 Netwealth Mercer Praemium Future Super % refers to market share Netwealth Future Super For personal use only
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Growing adviser base and increasing FUA per adviser 101. Adviser Ratings data. HUB24 market share of advisers at 31 December 2025 is based on Adviser Ratings Musical Chairs Q3 2025. 2. Latest available data, Plan for Life Master Trusts, Platforms & Wraps, September 2025. Based on Administrator View. Market share gains are for the period ending 30 September 2025. Advisers using HUB24 and FUA per adviser1 HUB24 Platform FUA and market share2 4.5% 9.3% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% $0b $20b $40b $60b $80b $100b $120b $140b FUA Market Share of FUA FUA Market share Advisers 4-YR CAGR +12% 34% of advisers use HUB241 $0m $5m $10m $15m $20m $25m $30m 0 1,000 2,000 3,000 4,000 5,000 6,000 Dec 21 Jun 22 Dec 22 Jun 23 Dec 23 Jun 24 Dec 24 Jun 25 Dec 25 FuA per Adviser Number of Advisers using HUB24 FUA per Adviser Number of Advisers 20% of advisers using HUB24 34% of advisers using HUB24 Market share increased from 4.5% to 9.3% over last 4 years2 #1 market share gains over last 12 months2 For personal use only
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Significant growth opportunity from existing and new advisers 11 1. Excludes Equity Trustees (EQT) large migrations. 2. HUB24 analysis based on ASIC - Financial Adviser dataset and number of advisers based on Adviser Ratings, Musical Chairs Report Q3 2025. Includes access to private label products. 3. Adviser Ratings Musical Chairs Q3 2025. As at 30 September 2025. 4. Industry average per adviser as at 30 September 2025 based on total platform market and total number of advisers. Plan for Li fe Master Trusts, Platforms & Wraps data, September 2025. Adviser Ratings Adviser Musical Chairs Report Q3 2025. 5. Based on HUB24 internal analysis. Existing Licensee but new Adviser relationship New Licensee Relationship Existing Licensee and existing Adviser relationship Latent opportunity HUB24 has access through relationships to more than 79% of the total adviser market2 FUA per adviser at 1HFY26 was $24m, up from $15m in 1HFY22 Industry average FUA per adviser estimated to be $85m per adviser, providing further opportunity for growth4 12% of advisers using the platform at 1HFY26 have more than $50m FUA on HUB24, up from 11% in 1HFY25 New adviser relationships deliver transition/flow benefits for up to 6 years5 15,4473 Licensed Financial Advisers 77% 75% 79% 81% 92% 10% 16% 17% 16% 7%13% 9% 3% 3% 1% 1 2 3 4 5FY23 FY241 FY251FY22 Active advisers using HUB242 (34% of market) Advisers covered by a HUB24 licensee agreement who are not using the platform (45% of the market)2 1HFY26 Composition of net inflows by tenure of adviser relationship Net inflows from new and existing advisers For personal use only
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Class, NowInfinity and myprosperity continuing to grow and support group capability 12 1. ATO SMSF statistics. As at 30 September 2025. System growth based on 12 months to 30 September 2025 and using first reported data. 2. The number of accounts across Class Super, Class Portfolio and Class Trust products increased by 9,559 in the 12 months to 31 December 2025. 3. ASIC company registration statistics. As at 31 December 2025. System growth is for the 12 months to 31 December 2025. Class SMSF market share 30.3%1 Growth accelerating with largest annual increase in Class accounts since 20202 180k 185k 190k 195k 200k 205k 210k 215k 220k 225k 1HFY22 1HFY23 1HFY24 1HFY25 1HFY26 Class accounts 4-YR CAGR +3% Class accounts Corporate Messenger market share 24.7%3 Companies on Corporate Messenger growing at 1.8x system growth3 175k 275k 375k 475k 575k 675k 775k 875k 975k 1HFY22 1HFY23 1HFY24 1HFY25 1HFY26 Companies on Corporate Messenger 4-YR CAGR +13% Companies on CM Increasing user engagement myprosperity for Class in extended beta with general release expected in 2HFY26 0k 100k 200k 300k 400k 500k 600k 700k 800k 900k 1HFY22 1HFY23 1HFY24 1HFY25 1HFY26 Logins - Firm Logins - Customer 535 wealth practices 118k households myprosperity logins For personal use only
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Financial results Kitrina Shanahan Chief Financial Officer For personal use only
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Group snapshot as at 31 December 2025¹ 14 1. The percentages in graphs represent the revenue as a % of total. 2. Other includes Non-custody and myprosperity revenue. 3. HUB24 customer base represents Financial Advisers as at 31 December 2025. Class customer base as at 31 December 2025. 81% 17% 97% 3% 66% 31% 3% Platform¹ Tech Solutions¹Group¹ Revenue $41.9m Underlying EBITDA $14.1m Customer base3 ~6,600 Platforms CorporateTech Solutions Revenue $199.7m Underlying EBITDA $93.3m Customer base3 5,277 2% Revenue $245.9m Underlying EBITDA $104.9m Custody Other2 Class HUBconnectNowInfinity For personal use only
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Group financial results 15 1. Underlying EBITDA represents earnings before interest, tax, depreciation, amortisation and Notable items. Refer HUB24 Analyst and Investor Pack for a reconciliation to Statutory EBITDA. 2. Underlying NPAT is a non-IFRS measure used to assess the operating performance of the business. Underlying NPAT represents Net P rofit After Tax excluding Notable items. Refer HUB24 Analyst and Investor Pack for a reconciliation to Statutory NPAT. 1HFY26 1HFY25 Change Operating Revenue ($m) 245.9 195.2 26% Operating Expenses ($m) (141.0) (117.6) 20% Underlying EBITDA ($m)1 104.9 77.6 35% Underlying EBITDA margin (%)1 42.7 39.8 2.9 EBITDA ($m) 98.9 70.9 39% Underlying NPAT ($m)2 68.3 42.6 60% Statutory NPAT ($m) 59.7 33.2 80% Interim Dividend (cents per share, fully franked) 36.0 24.0 50% Underlying Diluted Earnings per share (cents) 82.9 51.0 63% Operating Revenue ($m) Underlying EBITDA ($m) 39.8% 42.7% UEBITDA Margin 77.6 104.9 26.6 1HFY25 Platform 0.3 Tech Solutions 0.4 Corporate 1HFY26 +35% 195.2 245.9 45.5 1HFY25 Platform 3.9 Tech Solutions 1.3 Corporate 1HFY26 +26% For personal use only
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Platform financial results 161. Underlying EBITDA represents earnings before interest, tax, depreciation, amortisation and notable items. Refer HUB24 Analyst and Investor Pack for a reconciliation to statutory EBITDA. Strong Platform FUA growth of 29% to $127.9b in 1HFY26 as a result of record half-year net inflows of $10.7b and positive market movements Platform UEBITDA growth of 40% in 1HFY26 due to strong revenue growth and UEBITDA margin expansion to 46.7% 1HFY26 1HFY25 Change Platform FUA ($b) 127.9 98.9 29% PARS FUA ($b) 24.4 22.0 11% Total FUA ($b) 152.3 120.9 26% Platform Net Inflows ($b) 10.7 9.5 13% Revenue ($m) 199.7 154.2 30% Operating Expenses ($m) (106.4) (87.5) 22% Underlying EBITDA ($m)1 93.3 66.7 40% Underlying EBITDA margin (%)1 46.7 43.2 3.5 Funds Under Administration ($b) 98.9 112.7 22.0 10.3 23.7 10.7 24.4 1HFY25 Platform Net Inflows and Large Migrations 3.5 Platform Market Movement 1.7 PARS Net Inflows & Market Movement 2HFY25 Platform Net Inflows 4.5 Platform Market Movement 0.7 PARS Net Inflows & Market Movement 127.9 1HFY26 120.9 136.4 152.3 PARS FUA Platform FUA For personal use only
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Platform custody revenue and revenue margin 17 1. Custody FUA. Custody revenue excludes PARS revenue. 2. Platform Revenue Margin relates to custody FUA. Strong correlation of Platform FUA growth to Platform revenue growth which increased 30% on 1HFY25 Platform revenue margin of 32bps in 1HFY26 was stable on both 1HFY25 and 2HFY25 • Lower admin fee margins as a result of tiering and capping offset by higher revenue margin contribution from cash management fees and trading The number of accounts on the Platform for 1HFY26 was up 27% on 1HFY25 Platform Revenue Margin (bps)2 Platform Custody RevenuePlatform FUA 0 50 100 150 200 250 0 50 100 150 1HFY22 1HFY23 1HFY24 1HFY25 1HFY26 FUA ($b) Revenue ($m) Platform FUA and Custody Revenue1 32 32 32 1 1HFY25 2HFY25 (1) Admin fees Cash and Trading 1HFY26 For personal use only
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Platform UEBITDA and margins 18 Platform UEBITDA growth of 40% on 1HFY25 to $93.3m in 1HFY26 • Higher Platform net inflows, growth in FUA and associated revenues • Continued investment in people and resources to support growth Delivering consistent growth with Platform UEBITDA 4-year CAGR of 33% Platform UEBITDA margin increased 3.5% on 1HFY25 to 46.7% supported by scale benefits Revenue Expenses UEBITDA margin Platform Revenue and Expenses Platform UEBITDA margin (%) 30 32 34 36 38 40 42 44 46 0 20 40 60 80 100 120 140 160 180 200 $m UEBITDA Margin (%) 1HFY24 2HFY24 1HFY25 2HFY25 1HFY26 1.9% 1.6% 1HFY25 Platform UEBITDA Margin Growth and Operational Leverage 2HFY25 Platform UEBITDA Margin Growth and Operational Leverage 1HFY26 Platform UEBITDA Margin 43.2% 45.1% 46.7% For personal use only
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Tech Solutions financial results 19 1. Number of Class accounts as at 31 December 2025 consists of Class Super, Class Portfolio and Class Trust licenses. 2. Documents paid for by Pay Per Unit (PPU) and subscription customers for the last 12 months to 31 December 2025. 3. Number of active companies as at 31 December 2025. Tech Solutions UEBITDA $14.1m for 1HFY26, up 2% YoY UEBITDA margin 33.8%, down 2.6% as a result of: • Revenue growth of 10% from price increases and growth in Class accounts and companies on Corporate Messenger • Operating expenses increased 15% from higher data related expenses, increased investment, salary increases and the timing of other operating expenses 1HFY26 1HFY25 Change Class accounts1 219,973 210,414 5% Class Document Orders2 231,577 200,440 16% Companies on Class Corporate Messenger3 904,344 818,486 10% Revenue ($m) 41.9 38.0 10% Operating Expenses ($m) (27.8) (24.2) 15% Underlying EBITDA ($m) 14.1 13.8 2% Underlying EBITDA margin (%) 33.8 36.4 (2.6) $3.0 Underlying EBITDA ($m) UEBITDA Margin 36.4% 34.3% 33.8% 13.8 13.4 14.12.8 1HFY25 UEBITDA Revenue Expenses 2HFY25 UEBITDA Revenue Expenses 1HFY26 UEBITDA 1.1 (1.5) (2.1) +2% For personal use only
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Group expenses and margins Investing to support both increased scale and strategic growth objectives Total Expenses before Notable Items increased 18% from increased employment related costs due to continued investment in people in technology and operations and higher administrative expenses • Group FTE increased by 15% YoY to 1,010 (1HFY25: 882) • Uplift in investment to accelerate Create Tomorrow strategic pillar UEBITDA margin up 2.9% to 42.7% demonstrating scalable operating model and benefits of automation Group operating expenses expected to increase ~18-20% in FY261 • Higher variable expenses supporting the strong growth in FUA and net inflows • Further investments to support future scale and new solutions within our existing businesses • Accelerated investment into solutions and capabilities to support the Group strategy (eg myhub ecosystem) Group Expenses ($m) UEBITDA margin (%) 20.0 6.4 12.2 Other (0.6) D&A 2.2 AdminEmployee Related Platform and Tech Solutions Fees (3.0) 1HFY25 Total Expenses before Notable Items 135.6 Notable Items & Acq. Amort (13.4) 1HFY25 Total Expenses 149.0 1HFY26 Total Expenses 172.8 1HFY26 Total Expenses before Notable Items 160.6 +16% +18% 3.5% 39.8% 1HFY25 Group UEBITDA Margin Platform (0.6%) Tech Solutions 0.0% Corporate 42.7% 1HFY26 Group UEBITDA Margin 1. Group operating expenses in FY25 were $244.2m. 20 Notable Items & Acq. Amort For personal use only
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Increasing profitability 21 Underlying NPAT up 60% and Statutory NPAT up 80% Higher depreciation and amortisation due to increased capex levels and increased depreciation relating to new premises Notable items reflect only non-cash acquisition amortisation from previous strategic M&A transactions Statutory effective tax rate of 18% (1HFY25: 28%) with the lower rate in 1HFY26 due to employee share schemes and R&D benefits (6.0) Up 35% on 1HFY25 Up 60% on 1HFY25 Up 80% on 1HFY25 104.9 68.3 59.73.6 0 20 40 60 80 100 120 $m Underlying EBITDA (6.0) Share Based Payments (11.7) Depreciation and Amortisation (1.9) Interest Expense (17.0) Tax Underlying NPAT (12.2) Acquistion Amortisation Tax on notable items Statutory NPAT For personal use only
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Strong cashflows & balance sheet supporting dividend growth 22 Fully franked interim dividend of 36.0 cps up 50% on 1HFY25 1HFY26 dividend payout ratio of 43% • In line with target payout of 40-60% of UNPAT Strong operating cashflows of $88.1m in 1HFY26 with 84% UEBITDA correlation1 Strong balance sheet with net cash of $27m • Expecting to roll $30m debt maturing in June 2026 to retain flexibility Mitigating dilution from Employee Share Schemes (ESS) with $26m of treasury shares purchased on-market in 1HFY26 • Ongoing purchases expected annually $100m loan agreement to HUB24 Super Fund Trustee to meet ORFR requirements with $78m drawn as at 31 December 2025 reflecting an uplift from 1 July 2025 for regulatory changes2 Group Operating Cashflow 4-YR CAGR +48%1 Dividends (cps) 4-YR CAGR +48% Underlying Diluted EPS (cps) 4-YR CAGR +43% 0 10 20 30 40 50 60 70 80 90 1HFY22 1HFY23 1HFY24 1HFY25 1HFY26 cps Dividends (cps) Underlying Diluted EPS 0 10 20 30 40 50 60 70 80 90 100 1HFY22 1HFY23 1HFY24 1HFY25 1HFY26 $m Net cash inflow from operating activities (prior to strategic costs and tax) 1. Net cash inflow from operating activities prior to tax. 2. The HUB24 Group has provided a loan facility of up to $100 million (1HFY25: $15 million) to HTFS Holdings Pty Ltd, a wholly owned subsidiary of EQT Holdings Limited which is the Trustee of the HUB24 Super Fund. The facility is on an arm’s length basis at an interest rate of 10% per annum and supports the Trustee in meeting the Operational Risk Financial Requirement (ORFR) un der Australian Prudential Regulation Authority (APRA) Prudential Standard SPS 114 and enhanced operational risk obligations under CPS 230, both effective from 1 July 2025. At 31 December 2025, $78 million was drawn (1HFY25: nil), and further tranches are able to be drawn down to the $100 million limit. For personal use only
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Strategy & outlook Andrew Alcock Managing Director & CEO For personal use only
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HUB24 Platform • Market leading platform, managed accounts and client portal capability • Ranked #1 for net inflows1 • Strong and growing relationships with advisers including privately owned groups • Well positioned to increase market share from current ~9%1 • Continue to benefit from industry transformation Market leadership with significant opportunity to capture further market share Class & NowInfinity • Leading SMSF and Corporate Compliance solutions • Class growth accelerating and NowInfinity growing above system, supported by structurally growing markets (SMSFs and company registrations) • Ongoing investment in customer solutions to enable growth Delivering consistent and sustainable growth Shareholder value through leading today and creating tomorrow Strong growth outlook in existing established businesses Creating additional shareholder value through tech solutions Technology & data solutions • Leveraging Group capabilities to build solutions that drive efficiencies for financial professionals and their clients – myhub, HUBconnect, client portals, Engage • Unique data capability to safely enable industry transformation • Harnessing Group footprint to deliver more products to more customers • Strengthening customer relationships and driving advocacy for HUB24 and Class Building solutions that create value and strengthen competitive advantage Creating growth synergies 1. Latest available data, Plan for Life Master Trusts, Platforms & Wraps, September 2025. Based on Administrator View. 12 months to 30 September 2025. 24 For personal use only
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Uniquely positioned to capitalise on structurally growing markets and industry transformation Strong growth driven by structural tailwinds Demand for advice expected to increase Shifting demographics including transition to retirement and intergenerational wealth transfer Growing and maturing superannuation system and household wealth With industry dynamics providing opportunities to disrupt 25 Significant market share opportunity Advisers choosing to use fewer platforms with 36% of advisers indicating they use a single platform (up from 13% in 2021)2 Platform consolidation with 81% of industry net inflows captured by two platforms over the last year – with 47% flowing to HUB241 1. Latest available data, Plan for Life Master Trusts, Platforms & Wraps, September 2025. Based on Administrator View. 12 months to 30 September 2025. 81% of industry net inflows captured by HUB24 and Netwealth. 2. Investment Trends 2025 Adviser Technology Needs Report. Separation of aligned advisers to private licensees and emergence of large advice networks leveraging technology and scale Continued uncertainty of ownership and strategy of institutionally owned platforms Complexity, compliance and disparate data and tech challenging advice firm productivity Demand for safe, reliable and trusted solutions with strong governance Emerging technologies (including AI) are creating opportunities to enhance efficiency For personal use only
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Leveraging our capabilities to lead industry change 26 Lead today Delivering customer value and growth Create tomorrow Creating integrated wealth technology and platform solutions Build together Collaborating to shape the future of the wealth industry Be future ready Developing our people, capabilities and infrastructure to support our future growth strategies To enhance productivity for financial professionals through One way of doing business with access to market-leading solutions Single view of wealth for financial professionals and their clients Efficient access to ecosystem partners Flexibility for advisers and insights for networks Reporting and insights for businesses And deliver solutions to meet needs across the customer lifecycle Be the best provider of integrated platform, technology and data solutions Client experience Applications1 HUB24 Platform Data & infrastructure 1. HUBconnect applications refers to Broker and Licensee. For personal use only
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Developing myhub, a connected ecosystem designed to redefine advice productivity 27 Partner Portal Collaborate, consent and customise content for clients AI + Human Intelligence Driving productivity gains Single-point access to HUB24 and external partner applications Underpinned by quality data Client engagement Security Efficiency Ecosystem Access to HUB24 Group solutions Progressive rollout with first releases to be piloted in 1HFY27 For personal use only
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HUB24 Platform solving adviser and client needs across segments and life stages DownsizingStarting retirement Paying off debt Growing wealth Early career Starting out Mass market Mass affluent Private Wealth / HNW / Broker Choice (with non-custodial assets) Core SMSF Access PARS SMSF Access Discover Private Invest (with non-custodial assets) Retirement Income Solutions Intergenerational wealth transfer Starting out Wealth drawdown & preservationWealth accumulation Lifetime Retirement Solutions1 Managed Portfolios 28 1. Lifetime Retirement Solutions under development. For personal use only
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Continuing to expand our retirement solutions with launch of Lifetime Retirement Solutions 29 Empowering advisers to deliver greater confidence in retirement 68% Of Australians say they’re worried about outliving their retirement savings1 3.6m Australians expected to transition to retirement phase over next 20 years2 Demand for retirement solutions HUB24’s lifetime retirement solutions Meets requirements of Innovative Lifetime Retirement Solution (IRIS) Developed in partnership with TAL Provides income for life Manages longevity risk Access to concessional Centrelink asset test treatment 1. UniSuper, “Retire with Purpose Report”, 15 August 2025. 2. Deloitte, Dynamics of the Australian Superannuation System, March 2024. Expanding retirement offerings available through HUB24 HUB24 Super account-based pension Lifetime and term annuities Allianz Guaranteed Income For Life Lifetime retirement solutions (under development) Expected launch from 2HFY26 For personal use only
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Investing in innovative technologies to deliver new solutions, customer value and further competitive advantage 30 Our competitive advantage Significant opportunities from AI for the wealth industry and HUB24 1. myhub is in development with first releases expected to be piloted in 1HFY27. Industry productivity & growth AI driving productivity for financial professionals, enabling accessible advice and growing our markets Best-in-class client solutions Delivering solutions leveraging AI e.g. myhub, advice fee consent capability and Virtual Mailroom1 Increasing our productivity Internal applications of AI driving efficiency e.g. AI productivity tools, proactive servicing, and automated testing for product development Established technology leader with demonstrated value creation for customers and shareholders Operating in licensed, complex and regulated environment, built on trust Respected industry leader with deep client relationships, growing customer footprint, technology expertise, and 300 data integrations Strong track record of investment in innovation (including AI and ML) delivering commercialised AI solutions and building AI champions, underpinned by cost-effective proprietary technology Focus on developing reliable ‘human in the loop’ AI solutions that are necessary for the secure delivery of financial services Market-leading wealth ‘infrastructure’ including platform and data solutions critical to underpin SaaS (data, scale, safe-custody, asset trading, and administration) Open architecture enabling integration with third party solutions that drive efficiency for financial professionals resulting in HUB24 customer growth Secure access and storage of sensitive data with robust cybersecurity framework For personal use only
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Significant opportunity for growth and value creation for customers and shareholders 31 Strong and reliable growth from both existing and new customer relationships HUB24 Platform positioned to significantly grow market share Scalable operations enabling both UEBITDA margin expansion and ongoing investment Leverage structurally growing markets and demand for integrated solutions Strong balance sheet, increasing profitability and cash flows supporting ongoing investment and shareholder returns Capitalise on unique Group capabilities and technology leadership to unlock value 1. Platform FUA target relates to custody FUA and excludes PARS FUA. The company expects strong growth and increasing profitability moving forward subject to consistent and stable investment mar kets and HUB24 terms of business that may affect platform FUA and revenue. FY27 Platform FUA target upgraded to $160b-$170b1 (from $148-$162b) Platform FUA target comprises • Continued net inflow momentum • Majority of Xplore MDA FUA expected to be retained • Range of market growth assumptions For personal use only
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Questions? For personal use only
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James Cordukes Head of Investor Relations james.cordukes@hub24.com.au +61 419 228 822 Fiona Harris Senior Manager Media & Public Relations fharris@hub24.com.au +61 466 012 434 About HUB24 HUB24 Limited is listed on the Australian Securities Exchange, and includes the award-winning HUB24 Platform, HUBconnect, Class, NowInfinity and myprosperity. The HUB24 Platform offers advisers and their clients a comprehensive range of investment options, including market-leading managed portfolio solutions, and enhanced transaction and reporting functionality. As one of the fastest growing platforms in the market, the platform is recognised for providing choice and innovative product solutions that create value for advisers and their clients. HUBconnect focuses on leveraging data and technology to provide solutions to common challenges for stockbrokers, licensees and advisers and enable the delivery of professional advice to more Australians. Class is a pioneer in cloud-based wealth accounting software and is recognised as one of Australia’s most innovative technology companies. Class delivers SMSF administration, trust accounting, portfolio management, legal documentation and corporate compliance solutions to financial professionals across Australia who depend on Class to drive business automation, increase profitability and deliver better client service. myprosperity is a leading provider of client portals for accountants and financial advisers, enabling streamlined service delivery, increased productivity and enhanced customer experience for finance professionals and their clients. For further information, please visit www.HUB24.com.au Contacts For personal use only
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SUMMARY INFORMATION The material herein is a presentation of general background information about HUB24 Limited’s (‘HUB’) activities current as at date of presentation. This information given in summary form does not purport to be complete and should be read in conjunction with previous ASX filings, Half Year Report and the audited Annual Report as applicable. Any arithmetic inconsistencies are due to rounding. NOT INVESTMENT ADVICE This presentation is not a prospectus or a product disclosure statement under the Corporations Act 2001 (Cth) and has not been lodged with ASIC. The information provided in this presentation is not intended to be relied upon as advice to investors or potential investors and does not take into account the 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. RISK OF INVESTMENT An investment in HUB shares is subject to investment and other known and unknown risks, some of which are beyond the control of HUB. HUB does not guarantee any particular rate of return or the performance of HUB nor does it guarantee the repayment of capital from HUB or any particular tax treatment. FORWARD LOOKING STATEMENTS This presentation contains certain forward-looking statements. The words ‘anticipate’, ‘believe’, ‘expect’, ‘project’, forecast’, ‘estimate’, ‘intend’, ‘should’, ‘could’, ‘may’, ‘target’, ‘plan’ and other similar expressions are intended to identify forward-looking statements. Indications of, and guidance on, future earnings and financial position and performance are also forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of HUB24, that may cause actual results to differ materially from those expressed or implied in such statements. There can be no assurance that actual outcomes will not differ materially from these statements. You should not place reliance on forward-looking statements and neither HUB nor any of its directors, employees, consultants, contractors, advisers or agents assume any obligation to update such information. This presentation was authorised for release to the market by the Managing Director. Disclaimer For personal use only