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FOR THE FINANCIAL YEAR ENDED 30 JUNE 2026 Authorised for release by the hummgroup Board of Directorshumm Group Limited, ACN 122 574 583Level 14, 255 Pitt Street, Sydney NSW 2000 Angelo Demasi | Chief Executive OfficerTony Taylor | Interim Chief Financial Officer25 August 2026
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2 FY26 RESULTS // 25 AUGUST 2026 This presentation has been prepared by humm Group Limited (ACN 122 574 583) (“hummgroup”).No recommendation, offer, invitation or adviceThis presentation is not a financial product or investment advice or recommendation, offer or invitation by any person or to any person to sell or purchase securities in hummgroup in any jurisdiction. This presentation contains general information about hummgroup only in summary form and does not take into account the investment objectives, financial situation and particular needs of individual investors. The information in this presentation does not purport to be complete. Investors should make their own independent assessment of the information in this presentation and obtain their own independent advice from a qualified financial adviser having regard to their objectives, financial situation and needs before taking any action. This presentation should be read in conjunction with hummgroup’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange. Exclusion of representations or warrantiesThe information contained in this presentation may include information derived from publicly available sources that has not been independently verified. No representation or warranty, express or implied, is made by hummgroup or any of its related bodies corporate or their respective officers, employees, advisers or agents (hummgroup Parties) as to the accuracy, completeness, reliability or adequacy of any statements, estimates, opinions or other information, or the reasonableness of any assumption or other statement, contained in this presentation. Nor is any representation or warranty, express or implied, given by any hummgroup Party as to the accuracy, completeness, likelihood of achievement or reasonableness of any forecasts, prospective statements, returns, guidance, estimates or statements in relation to future matters (Forward Statements) contained in this presentation. Such Forward Statements are by their nature subject to significant uncertainties and contingencies many of which are outside the control of hummgroup. Forward Statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from the expectations described. Readers are cautioned not to place undue reliance on them. Actual results or performance may vary from those expressed in, or implied by, any Forward Statements. hummgroup does not undertake to update any Forward Statements contained in this presentation. To the maximum extent permitted by law, the hummgroup Parties disclaim all liability and responsibility (including without limitation any liability arising from fault or negligence) for any direct or indirect loss or damage which may arise or be suffered through use or reliance on anything contained in, or omitted from, this presentation. Past performance is not a reliable indicator of future performance.JurisdictionThe distribution of this presentation including in jurisdictions outside Australia, may be restricted by law. Any person who receives this presentation must seek advice on and observe any such restrictions. This document is not, and does not constitute, an offer to sell or the solicitation, invitation or recommendation to purchase any securities and neither this document nor anything contained herein shall form the basis of any contract or commitment. In particular, the document does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities of hummgroup have not been, and will not, be registered under the US Securities Act of 1933 (as amended) (“Securities Act”), or the securities laws of any state of the United States. Each institution that reviews the document that is in the United States, or that is acting for the account or benefit of a person in the United States, will be deemed to represent that each such institution or person is a “qualified institutional buyer” within the meaning of Rule 144A of the Securities Act of 1933, and to acknowledge and agree that it will not forward or deliver this document, electronically or otherwise, to any other person. No securities may be offered, sold or otherwise transferred except in compliance with the registration requirements of applicable securities laws or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of applicable securities laws. Investment Risk An investment in hummgroup securities is subject to investment and other known and unknown risks, some of which are beyond the control of hummgroup. hummgroup does not guarantee any particular rate of return or the performance of hummgroup securities. All amounts are in Australian dollars unless otherwise indicated.Underlying and other non-IFRS measures in this presentation are unaudited. DISCLAIMER
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3 FY26 RESULTS // 25 AUGUST 2026 HIGHLIGHTS FINANCIALS SUMMARY APPENDICES // AGENDA
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HIGHLIGHTS
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` 55 FY26 RESULTS // 25 AUGUST 2026 FY26 – THE YEAR IN REVIEW JUN-2025JULAUGSEPOCTNOVDECJAN 26FEBMARAPRMAY NBIO #1 NDA negotiation and Due DiligenceNBIO #2 NDA negotiation and Due Diligence // hummgroup successfully navigated an extraordinary level of corporate activity amidst a backdrop of macroeconomic and geopolitical uncertainty Takeover Panels Proceedings & Voluntary Undertaking Governance review conducted and recommendations implemented Activist Shareholder Campaign Middle East Conflict & Fuel Shock Impact Commercial (ongoing)Board Renewal Forum Finance ongoing litigation, judgement and settlement JUNE-2025New BNPL regulatory regime commencement date: launch of hummloan product and start of humm legacy run off DEC-2025EGM convened DEC-2025CFO transition JUNE-2026 Conclusion of three historic ASIC investigations MAY-2026EGM resolved with addition of 2 additional Independent Directors MAY-2026 Forum Finance matter concluded MAR-2026CEO joins Board APR-2026Addition of 2 new Independent Directors NOV-2025 NZD/AUD volatility impacts reported earnings – persists to year end JUN 26
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` 66 FY26 RESULTS // 25 AUGUST 2026 $44.2mUnderlying net profit(after tax)adjusted for non-cash items(excluding irregular items)1 2.00cFully frankeddividend for FY26 a 4.5%7 return to shareholders 2.0%Group Net Loss/ANR5,6 remained low 51.9% Underlying cost to income ratio4 8.5%Underlying return on equity3 1.Refer to the “HUMMGROUP Supplementary Information” slide for further details. 2.Underlying earnings per share (EPS) is calculated as underlying net profit (after tax) adjusted for non-cash items excluding $19.1m irregular items ($13.4m after tax), divided by the weighted average number of shares on issue during the period. Diluted EPS reflects the impact of potentially dilutive securities. Diluted underlying EPS was 8.8c per share. Basic underlying EPS on the same measure was 9.0c per share. 3.Underlying return on equity (ROE) is calculated as underlying net profit (after tax) adjusted for non-cash items divided by average equity, defined as total equity excluding reserves.4.Underlying cost to income (CTI) ratio represents total operating expenses as a percentage of net operating income. Underlying CTI was 51.9%, excluding FY26 irregular items of $19.1m before tax. Reported CTI, including irregular items, was 57.7%.5.Net Credit Loss to ANR ratio is calculated as the Group's net credit losses for the last 12 months divided by Average Net Receivables (ANR), excluding receivables subject to the Forward Flow arrangement.6.Net Credit Loss to average AUM ratio is calculated as the Group's net credit losses for the last 12 months divided by average Assets Under Management (AUM), including receivables under the Forward Flow arrangement, which for FY26 was 1.8%.7.Annualised shareholder return calculated on pre-tax basis taking into consideration the level of franking provided and using a share price of 64.1c per share. Underlying net profit (after tax) adjusted for non-cash items is calculated as statutory profit (after tax) adjusted for non-cash depreciation, impairment, amortisation, AASB 9 provision movements and irregular items1, demonstrating resilient earnings, solid returns and cost discipline despite an extraordinarily challenging year. GROUP PERFORMANCE8.8cUnderlying earnings per share2 $15.7mStatutory profit(after tax)(including irregular items)1 (excluding irregular items)1 (excluding irregular items)1 (excluding irregular items)1
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7 FY26 RESULTS // 25 AUGUST 2026 ` $181.2m$170.9m$188.8m 58.2%51.7%57.7%54.5%49.9%51.9% FY24FY25FY26Operat ing expenses (incl. irregular items)Cost to IncomeUn de rlyi ng CTI 58.2%51.7%57.7%54.5%49.9%51.9% $251.4m$264.5m$258.3m 5.5%5.4%5.5% FY24FY25FY26Net Interest IncomeNet Interest Margin $33.8m$52.9m$30.8m FY24FY25FY26Net Profit (after tax) $7.1m $39.6m$15.7mFY24FY25FY26Statutory Profit (after tax) STATUTORY PROFIT (AFTER TAX) COST TO INCOME RATIO2 NET INTEREST INCOME ($M) AND NIM3 $13.4m irregular items (after tax) ($19.1m before tax) $13.4m irregular items after tax ($19.1m before tax) NET PROFIT (AFTER TAX) ADJUSTED FOR NON-CASH ITEMSGROUP KEY PERFORMANCE METRICS 1. Underlying statutory profit (after tax) is a non-IFRS financial measure and represents statutory profit (after tax) excluding irregular items of $19.1m ($13.4m after tax). 2. FY26 CTI including irregular items of $19.1m before tax was 57.7%. Excluding these items, operating expenses were $169.7m and underlying CTI was 51.9%. 3. Net Interest Margin (NIM) is calculated as Net Interest Income divided by Average Net Receivables. $29.1mUnderlying statutory profit (after tax)1 excl. irregular items $44.2mUnderlying net profit (after tax) adjusted for non-cash items excl. irregular items Net profit (after tax) adjusted for non-cash items
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8 FY26 RESULTS // 25 AUGUST 2026 ` $4.6b$5.2b$5.2b FY24FY25FY26Average Assets Under Man agement NET CREDIT LOSS TO ANR1 NET CREDIT LOSS TO AVERAGE AUM3 CREDIT QUALITY WELL MANAGED THROUGH DIFFICULT FY26•Amid significant macroeconomic and geopolitical uncertainty, average AUM remained broadly stable and Net Credit Loss to ANR was well controlled at 2.0% as earlier loan vintages seasoned and legacy products ran off as expected.•In line with the Q3 update, Commercial Net Credit Loss to ANR was 1.5%, reflecting the expected seasoning of earlier vintages, longer asset recovery lead times and broader macroeconomic conditions.•Consumer (PosPP, Cards AU and Cards NZ) increased 10bps2 to 2.9% amidst legacy product run-off, with Cards AU improving to 2.3% as a result of credit policy and scorecard optimisation.•Net loss to AUM of 1.8% remained below the net loss to ANR ratio, reflecting consistent improvement in the credit quality of originations across on-balance sheet and Forward Flow receivables. $4.6b$4.9b$4.7b FY24FY25FY26Average Net Re ceivables NET CREDIT LOSS TO ANR1 GROUP KEY PERFORMANCE METRICS 1. Average Net Receivables (ANR) is the average of on balance sheet loans and advances before ECL provision over the reporting period. 2. FY26 vs FY25 movements are calculated using unrounded net credit loss to ANR ratios and rounded to the nearest 10bps. Movements may not reconcile exactly to the rounded ratios shown. 3. Average AUM is the average of on balance sheet loans and advances before ECL provision and assets managed under the Forward Flow arrangement (which are not included on the Group’s balance sheet) over the reporting period. 0.7%1.1%1.5% 3.3%2.7%2.9% 1.8%1.8%2.0% FY24FY25FY26CommercialConsume r 1.8%1.7%1.8%2.0%1.8%1.8%
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9 FY26 RESULTS // 25 AUGUST 2026 ` $451.6m$376.9m$412.9m 91¢77¢82¢ FY24FY25FY26NTAPerpetual NoteNTA per share $40.0m$30.0m$25.4m$5.1m $125.1m$125.4m$100.5m FY24FY25FY26FY26 StrategicCapitalWorking /SettlementCapitalRi skAppetiteMin LiquidityCove nant EQUITY CAPITAL POSITION3 Perpetual note fully repaid in FY25 •The Group’s operating cash balance is allocated across liquidity requirements, risk appetite buffers, working capital and strategic growth capacity.•Minimum Liquidity Covenant ($40.0m): ongoing compliance with the covenants under our Corporate Debt Facilities.•Risk Appetite ($30.0m): additional buffer mandated by the Group's risk appetite statement (RAS) liquidity metrics.•Working/Settlement Capital ($25.4m): operational working capital plus two days of origination settlements.•Strategic Capital ($5.1m): capacity to continue funding near-term growth.•FY26 operating cash of $100.5m does not consider drawn corporate debt of $63.9m at 30 June 2026.•Forum Finance legacy matter successfully resolved with a final settlement of $24.5m, inclusive of FY26 costs. $3.0b$2.7b$2.8b$0.6b$0.5b$2.0b$2.2b$1.9b$5.0b$5.5b$5.3b$3.9b$3.9b$3.5b FY24FY25FY26CommercialCommercial Forward FlowConsume rVolume $24.5m Forum Finance settlement BALANCE SHEET AND CAPITAL MANAGEMENT 1. Volume represents total Group new business originations. 2. AUM comprise on-balance sheet loans and advances before ECL provision and assets managed under the Forward Flow arrangement (which are not included on the Group’s balance sheet). Totals may not cast due to rounding. 3. Net Tangible Assets (NTA) represents Net Assets excluding Intangibles. $36.0m increase in NTA from FY25 to FY26 is driven by the increase in the after-tax marked-to-market position of hedging instruments. 4. Cash and cash equivalents that are not subject to regulatory, contractual or operational restrictions and are available to support the Group's liquidity, working capital and growth objectives. VOLUMES1 AND ASSETS UNDER MANAGEMENT2 ($B) OPERATING CASH4 ($M) Strategic CapitalWorking/Settlement CapitalRisk AppetiteMin. Liquidity Covenant
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10 FY26 RESULTS // 25 AUGUST 2026 ` COST SAVINGS THROUGH MODERN, SIMPLER, MORE SECURE AND RESILIENT PLATFORMSCONSUMER REVENUE GROWTH AND ENHANCED CUSTOMER AND MERCHANT EXPERIENCE CLOUD ENVIRONMENT INFRASTRUCTURE MODERNISATIONCARDS STATUS: IMPLEMENTATION PROGRESSINGCUSTOMER X STATUS: IMPLEMENTATION PROGRESSING TRANSFORMING OUR PLATFORMS NEW CORE PLATFORMS TOWARDS SOFTWARE AS A SERVICESUBSTANTIALLY COMPLETE, WITH CARDS PLATFORM IMPLEMENTATION UNDERWAY MORE RELIABLE, RESILIENT AND SECURE CLOUD ENVIRONMENTDATA CENTRE DECOMMISSIONING COMPLETE, INCLUDING CYBERSECURITY UPLIFT GROWTH EFFICIENCY AND RESILIENCEMajor transformation milestones well progressed and on track. NEW DATA PLATFORM AND LENDING PLATFORM LIVEFOCUS SHIFTED TO OPERATIONAL OPTIMISATION AND CAPABILITY EXPANSION
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11 FY26 RESULTS // 25 AUGUST 2026 ` Targeted offshore investment continued to deliver in FY26, with balanced growth across our international markets and disciplined alignment to the strongest opportunities.STRONG GROWTH TRAJECTORY MAINTAINEDACROSS INTERNATIONAL MARKETS1 •humm’s international net profit (after tax) adjusted for non-cash items improved from $0.4m in FY25 to $8.1m in FY26, driven by net interest income up 27.8% to $33.6m and disciplined cost control across all markets.•humm Ireland delivered a net profit (after tax) adjusted for non-cash items of $14.3m on strong receivables growth, disciplined credit management and operating leverage, while humm UK closing receivables were up 51.7% on pcp.•humm’s international growth momentum continued through FY26, with volumes up 27.2% on pcp (Ireland up 27.8%, UK up 41.1%).•Ireland and UK mezzanine debt introduced in FY26, further improving capital diversity for future growth.•Operating model reset in humm Canada delivered a 42.5% structural cost improvement on pcp and a renewed product offering to target broader addressable market returns consistent with the UK.•hummgroup’s digital platforms, service offering and technology remain a competitive advantage as PosPP international scales across Ireland, the UK and Canada. $174.6m$254.4m$301.0m$230.8m$337.9m$429.7m 19.6%20.2%18.5% -30.0% -20.0% -10.0% 0.0 % 10 .0% 20 .0% 30 .0% - $1 00 .0 m $2 00 .0 m $3 00 .0 m $4 00 .0 m $5 00 .0 m $6 00 .0 m FY24FY25FY26Cl osin g ReceivablesVolumeProduct Yield INTERNATIONAL STRATEGY 1. Product Yield is calculated as the sum of Interest Income and Fee and Other Income, divided by Average Net Receivables.
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FINANCIALS
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13 FY26 RESULTS // 25 AUGUST 2026 ` PERFORMANCE ACROSS KEY METRICS•Net profit (after tax) adjusted for non-cash items of $30.8m absorbed two clearly identified items:–Material irregular items of $19.1m for regulatory, legal and compliance matters, including Forum Finance, M&A, EGM and Takeovers Panel proceedings; and–Anticipated seasoning of the Commercial portfolio following successive periods of strong growth, with some SME customers pressured by the 2H FY26 energy and fuel driven supply shock.•Absent irregular items of $19.1m ($13.4m after tax), underlying net profit (after tax) adjusted for non-cash items of $44.2m demonstrates a resilient underlying performance, for which a reconciliation is clearly detailed on slide 14. •Net interest income of $258.3m was down 2.3%, with NIM up 10bps4 to 5.5% on lower funding costs and improved consumer yields, while interest expense was down 7.0% to $280.9m.•Fee and other income of $95.2m primarily reflects stronger Forward Flow benefits recognised in FY25, resulting from higher receivables sales volumes, with FY26 impacted by a materially lower level of receivables sold.•Net operating income was broadly stable at $327.1m, down 1.0%, with lower funding costs offsetting lower interest income.•Operating expenses of $169.7m excluded $19.1m of irregular items, included $6.7m of inflationary pressures, partly offset by $4.5m of savings in Canada (exceeding the FY25 Investor Presentation target of $4.4m). The underlying cost base remained largely stable, with employment costs well managed throughout the year.•NZD FX impacts5: weakening New Zealand dollar had a negative impact of $1.1m on reported net profit (after tax) adjusted for non-cash items.•Assets under management of $5.3b was lower than prior year, with Commercial growth and strong Ireland and UK performance offsetting expected Consumer legacy run-off and NZD FX translation impacts5. HUMMGROUP ($M)FY25FY26MVMTFY26vs FY251% MVMTFY26vs FY251 Interest income566.6539.2(27.4)(4.8%)Interest expense(302.1)(280.9)21.27.0%Net interest income264.5258.3(6.2)(2.3%)Fee and other income100.095.2(4.8)(4.8%)Cost of origination(34.0)(26.4)7.622.4%Net operating income330.5327.1(3.4)(1.0%)Net credit losses(88.2)(95.3)(7.1)(8.0%)Irregular items2 (6.0)(19.1)(13.1)(LRG)Operating expenses(164.9)(169.7)(4.8)(2.9%)Cash depreciation (AASB 16)(2.9)(2.6)0.310.3%Net profit (before tax) adjusted for non-cash items68.540.4(28.1)(41.0%)Income tax expense(15.6)(9.6)6.038.5%Net profit (after tax) adjusted for non-cash items52.930.8(22.1)(41.8%)Total non-cash items2 (19.0)(20.7)(1.7)(8.9%)Tax on above5.75.6(0.1)(1.8%)Statutory profit (after tax)39.615.7(23.9)(60.4%)Assets under management3 5,497.35,259.7(237.6)(4.3%) HUMMGROUP FINANCIAL PERFORMANCE 1. Positive results represent favourable movements vs the comparison period(s); negative results represent unfavourable movements. LRG indicates a percentage movement of greater than or equal to 100.0%, or less than or equal to (100.0%). 2. Refer to the “HUMMGROUP Supplementary Information” slide 15 for further details. 3. Assets Under Management (AUM) includes $0.5b of receivables under the Forward Flow arrangement. 4. FY26 includes a reclassification of NZ Cards interchange fee income to further align the presentation of financial metrics with AASB 16 and IFRS requirements. The change has no impact on Group revenue, profit or cash flows. 5. The weaker NZD in FY26 impacted reported results. Applying FY25 average FX rates to FY26 would increase AUM by $91.9m and increase the net profit (after tax) adjusted for non-cash items by $1.1m.
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14 FY26 RESULTS // 25 AUGUST 2026 ` STATUTORY TO UNDERLYING NET PROFIT (AFTER TAX) ADJUSTED FOR NON-CASH ITEMS•Underlying NPAT (“net profit after tax”) adjusted for non-cash items of $44.2m demonstrates resilient earnings, solid returns and cost discipline despite an extraordinarily challenging year.•$15.1m of net non-cash items added back in FY26, translates to a NPAT adjusted for non-cash items of $30.8m.•$8.5m of IT development and software impairment in FY25 does not repeat in FY26.•$19.1m of irregular items ($13.4m after tax) added back to NPAT adjusted for non-cash items in FY26, translates to an underlying NPAT adjusted for non-cash items of $44.2m. HUMMGROUP UNDERLYING PERFORMANCE 1. Positive results represent favourable movements vs the comparison period(s); negative results represent unfavourable movements. LRG indicates a percentage movement of greater than or equal to 100.0%, or less than or equal to (100.0%). For clarity of the walkdown, non-cash and irregular items are presented with the opposite sign (expenses shown as positive amounts) to reflect their add-back to statutory profit (after tax). Unless otherwise stated (for example, slide 25), expenses are presented as negative amounts throughout this document. ($M) FY25FY26FY26 v FY251% FY26 v FY251 Statutory profit (after tax)39.615.7(23.9)(60.4%) NON-CASH ITEMS (BEFORE TAX)($M) FY25FY26FY26 v FY25FY26 v FY25ECL provision movement (AASB 9)(5.1)5.5(10.6)(LRG)Depreciation and amortisation expenses 15.615.20.42.6%Impairment of IT development & software 8.5–8.5LRGTax on above (5.7)(5.6)(0.1)(1.8%)Net profit (after tax) adjusted for non-cash items52.930.8(22.1)(41.8%) IRREGULAR ITEMS (BEFORE TAX)($M) FY25FY26FY26 v FY25FY26 v FY25Irregular items6.019.1(13.1)(LRG)Tax on above (1.8)(5.7)3.9LRGUnderlying net profit (after tax) adjusted for non-cash items 57.144.2(12.9)(22.6%) STATUTORY PROFIT(AFTER TAX)$15.7mNON-CASH ITEMS(AFTER TAX) ADDED BACK$15.1mIRREGULAR ITEMS (AFTER TAX) ADDED BACK $13.4mUNDERLYING NPATADJUSTED FOR NON-CASH ITEMS$44.2m++=
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15 FY26 RESULTS // 25 AUGUST 2026 IRREGULAR & SPECIFIC ITEMS (BEFORE TAX) ($M) FY25FY26FY26 v FY251% FY26 v FY251 Legal and regulatory 2.5(9.9)(12.4)(LRG)EGM and Takeovers Panel proceedings–(2.6)(2.6)(LRG)Business restructure (3.4)(3.6)(0.2)(5.9%)ASIC inquiry legal costs (3.2)(1.4)1.856.6%Remediation costs (1.9)(1.1)0.842.1%M&A –(2.5)(2.5)(LRG)Onerous Contract –2.02.0LRGIrregular items (before tax)(6.0)(19.1)(13.1)(LRG)Tax on above1.85.73.9LRGIrregular items (after tax)(4.2)(13.4)(9.2)(LRG)Elevated consumer duplicate system costs (2.6)(2.0)0.623.1%Long-term Incentive Plan (3.8)(3.8)0.00.4%Short-term Incentive Plan 2.1(1.2)(3.3)(LRG)Specific items (before tax)(4.3)(7.0)(2.7)(62.5%)Tax on above 1.32.10.862.5%Specific items (after tax)(3.0)(4.9)(1.9)(62.5%)New Zealand FX Impacts (NPAT adjusted for non-cash items)–(1.1)(1.1)(LRG)R&D tax offset 1.0–(1.0)(LRG) NON-CASH ITEMS•Total non-cash items increased by $1.8m to $15.1m in FY26.•The increase was largely driven by higher ECL provisioning, partially offset by the absence of the prior year IT software impairment.•Depreciation and amortisation remained consistent with FY25 levels, indicating a stable underlying asset base and amortisation profile. HUMMGROUP SUPPLEMENTARY INFORMATIONNON-CASH ITEMS (BEFORE TAX) ($M) FY25FY26FY26 v FY251% FY26 v FY251 ECL provision movement (AASB 9)5.1(5.5)(10.6)(LRG)Depreciation and amortisation expenses (15.6)(15.2)0.42.6%Impairment of IT development & software (8.5)–8.5LRGTax on above 5.75.6(0.1)(1.8%)Total non-cash items(13.3)(15.1)(1.8)(13.5%) 1. Positive results represent favourable movements vs the comparison period(s); negative results represent unfavourable movements. LRG indicates a percentage movement of greater than or equal to 100.0%, or less than or equal to (100.0%). TRANSPARENCY OF IRREGULAR ITEMS•$19.1m of irregular items (before tax) vs $6.0m in FY25, concentrated in:–Legal and regulatory costs of $9.9m related to Forum Finance.–EGM and Takeovers Panel proceedings of $2.6m.–ASIC inquiry costs of $1.4m related to historical items.–M&A activity of $2.5m related to two NBIOs.–Remediation costs of $1.1m related to historical items.–Business restructure cost of $3.6m related to improved productivity.
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16 FY26 RESULTS // 25 AUGUST 2026 ` RESILIENT PERFORMANCE AMID MACROECONOMIC HEADWINDS•Assets under management broadly stable at $3.3b, up 0.1% on pcp despite significant macroeconomic headwinds.•Net profit (after tax) adjusted for non-cash items of $34.0m, with higher credit losses as the portfolio seasoned following successive prior periods of strong origination growth. •Net interest income down 3.3% reflecting lower average net receivables, driven by softer SME demand consequent on systemic fuel disruption in 2H FY26.•Net interest margin of 3.4%, down 5bps due to deliberate strategy to originate high credit quality assets, offset by improvement in cost of funds. •Net operating income broadly stable at $124.8m, down 1.0%.•Credit impairment increased to $51.5m, with net credit losses of $40.6m and ECL provision increase of $10.9m. •Credit loss to ANR rose as earlier vintages seasoned, with longer recovery lead times and a prudent higher coverage rate applied amid softer SME conditions in 2H FY26. •More recent originations have been written to deliberately stronger credit settings, supporting resiliency through the cycle.•Operating expenses of $35.7m were 15.9% higher, reflecting deliberate investment in people capability and IT platform development – committed early in FY26 to support growth ahead of the macroeconomic and geopolitical disruption that emerged in 2H FY26. •Portfolio performance remained resilient, supported by strong broker relationships, disciplined underwriting and continued diversification across geography, industry and asset class. COMMERCIAL 1. Assets Under Management (AUM) includes $0.5b of receivables under the Forward Flow arrangement.2. Commercial NZ closing receivables were AUD $171.9m in FY26. Adjusting FY26 using FY25 average FX rates results in an uplift of $21.2m. ($M) FY25FY26FY26vs FY25% FY26vs FY25Net interest income96.593.3(3.2)(3.3%)Net operating income126.0124.8(1.2)(1.0%)Net credit losses(31.5)(40.6)(9.1)(28.9%)Operating expenses(30.8)(35.7)(4.9)(15.9%)Net profit (before tax) adjusted for non-cash items63.748.5(15.2)(23.9%)Income tax expense(18.4)(14.5)3.921.2%Net profit (after tax) adjusted for non-cash items45.334.0(11.3)(24.9%)ECL provision movement (AASB 9)0.6(10.9)(11.5)(LRG)Depreciation and amortisation expenses(3.1)(4.5)(1.4)(45.2%)Tax on above0.84.63.8LRGStatutory profit (after tax)43.623.2(20.4)(46.8%)Assets under management1 3,345.03,348.53.50.1% COMMERCIAL AU & NZ: VOLUME AND ASSETS UNDER MANAGEMENT2 ($B) $3.0b$2.7b$2.8b- $0.6b$0.5b$1.5b$1.5b$1.4b FY24FY25FY26Closing ReceivablesForward FlowVolumes
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17 FY26 RESULTS // 25 AUGUST 2026 ` $2.0b$2.2b$1.9b $2.3b$2.4b$2.1b FY24FY25FY26Closing ReceivablesVolumes ($M) FY25FY26FY26 vs FY25% FY26 vs FY25Net interest income168.0165.0(3.0)(1.8%)Net operating income204.5202.3(2.2)(1.1%)Net credit losses(56.7)(54.7)2.03.5%Operating expenses(115.6)(106.6)9.07.8%Net profit (before tax) adjusted for non-cash items32.241.08.827.3%Income tax expense(7.4)(9.8)(2.4)(32.4%)Net profit (after tax) adjusted for non-cash items24.831.26.425.8%ECL provision movement (AASB 9)4.55.40.920.0%Depreciation and Amortisation expenses(12.5)(10.7)1.814.4%Impairment of intangibles and right-of-use assets(8.5)–8.5LRGTax on above4.91.0(3.9)(79.6%)Statutory profit (after tax)13.226.913.7LRGClosing receivables1 2,152.31,911.2(241.1)(11.2%) STRONG PROFIT PERFORMANCE IN CARDS AND HUMM IRELAND•PosPP, Cards AU and Cards NZ net profit (after tax) adjusted for non-cash items of $31.2m up 25.8% on pcp, driven by Cards NZ, Cards AU and humm Ireland.•Net operating income broadly stable, down 1.1% to $202.3m, as strength in Cards NZ and humm Ireland, offset softer volumes in the PosPP Australia loan offering the first full year following the regulatory change.•Credit losses improved 3.5% on pcp, supported by strong credit performance across the Cards AU and NZ portfolios, while ECL benefited from the ongoing run-off of humm Classic.•Operating expenses of $106.6m were down 7.8%, reflecting the operational reset in Canada and disciplined cost management across other portfolios.•Closing receivables of $1.9b were down 11.2%, reflecting expected legacy run-off and softer PosPP Australia volumes and before accounting for NZD FX translation impacts. CONSUMER VOLUMES AND CLOSING RECEIVABLES ($B) 1. The FY26 Closing receivables is lower than anticipated, due to unfavourable NZD/AUD FX impacts. Adjusting FY26 using FY25 average FX rates results in an uplift of $70.7m. FY26 NET PROFIT (AFTER TAX) ADJUSTED FOR NON-CASH ITEMS BY PRODUCT $15.4m $12.5m $14.3m(4.8m)(0.9m)(5.3m)$31.2m Cards NZCards AUhumm IREhumm AUhumm UKhumm CAConsumer PosPP
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18 FY26 RESULTS // 25 AUGUST 2026 ` CORPORATE SEGMENT•In FY25, the Group revised its internal reporting structure, creating a new Corporate segment, comprising central back-office functions.•Introduction of the Corporate segment enhances transparency of the underlying business segment performance, separating shared costs and irregular items, particularly in FY26.•Operating expenses include employment costs, professional fees, technology costs, and insurance and occupancy costs. •Increase in operating expenses largely reflects irregular items, including:–Federal Court judgement and settlement of Forum Finance, including litigation costs.–EGM & Takeovers Panel proceedings.–M&A expenses relating to two successive NBIOs.–Elevated legal, regulatory and compliance costs relating to ASIC investigations for historical items.•In FY27, a group-wide productivity review will be undertaken to support a more efficient, scalable and growth-oriented business, and ultimately a lower cost-to-income ratio. CORPORATE($M) FY25FY26FY26vs FY25% FY26vs FY25Operating expenses(24.5)(46.5)(22.0)(89.8%)Cash depreciation (AASB 16)(2.9)(2.6)0.310.3%Income tax expense10.214.74.544.1%Net loss (after tax) adjusted for non-cash items(17.2)(34.4)(17.2)(LRG)Depreciation and amortisation expenses––––Tax on above––––Statutory loss (after tax) adjusted for non-cash items(17.2)(34.4)(17.2)(LRG) NET PROFIT/LOSS (AFTER TAX) ADJUSTED FOR NON-CASH ITEMS BY SEGMENT ($M) $34.0m $31.2m ($34.4m)$30.8m CommercialConsumerCorporateGroup
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19 FY26 RESULTS // 25 AUGUST 2026 ` NET CREDIT LOSS•Group net credit loss to ANR increased to 2.0% (up 20bps).•Commercial net credit loss to ANR increased 30bps to 1.5% as the receivables book seasoned following higher volume growth in prior periods, SME conditions in 2H FY26 softened amid significant macroeconomic and geopolitical uncertainty and asset recovery lead times lengthened.•In response, a deliberate shift toward higher-quality Commercial credit customers continues to lead to improved credit quality over time. •PosPP net credit loss to ANR increased to 2.7% (up 30bps), reflecting the planned humm Classic run-off and product transition in Australia. Ireland improved to 1.7% (FY25: 1.8%) and the UK to 1.5% (FY25: 2.2%), demonstrating continued portfolio optimisation and credit discipline.•Cards performance remained resilient, with Australia Cards improving to 2.3% (down 30bps) following credit scorecard optimisation, partly offset by NZ Cards at 3.5% (up 10bps). Provision coverage increased to 2.7% (up 10bps). COVERAGE RATIO•Balance sheet provision coverage increased to 2.7% (up 10bps), reflecting a more conservative reserve position amid portfolio seasoning.•Balance sheet coverage of 2.7% exceeds actual net credit loss to ANR of 2.0% by 70bps as at 30 June 2026. 650 670 690 710 730 750 770 Ju l- 24Sep-24No v-24Jan-2 5Mar- 25May- 25Ju l- 25Sep-25No v-25Jan-2 6Mar- 26May- 26 NET CREDIT LOSS TO ANR1 FY25FY26FY26vs FY252 Commercial 1.1%1.5%Up 30bpsPosPP 2.3%2.7%Up 30bpsAU Cards 2.7%2.3%Down 30bpsNZ Cards 3.4%3.5%Up 10bpsConsumer 2.7%2.9%Up 10bpsGroup 1.8%2.0%Up 20bpsBalance Sheet Provision Coverage3 2.6%2.7%Up 10bps CREDIT RISK MANAGEMENT 1. Net Credit Loss includes Bad Debts and Loss Recoveries. Net Credit Loss to ANR presented excludes receivables subject to the Forward Flow arrangement. Net Credit Loss to average AUM for the period is 1.8% for Group and 1.2% for Commercial. 2. FY26 vs FY25 movements are calculated using unrounded net credit loss to ANR ratios and rounded to the nearest 10bps. Movements may not reconcile exactly to the rounded ratios shown. 3. Balance sheet provision coverage is calculated as ECL provisions plus provisions for unused credit and loan commitments, divided by ANR. 4. Credit worthiness rating is based on the Commercial internal rating system; Consumer AU & Cards NZ credit worthiness rating is based on Illion Credit Score (independent bureau service provider). 5. Consumer AU comprises PosPP Australia and Cards AU portfolios. COMMERCIAL CREDIT QUALITY OVER TIMECredit worthiness rated from 10 (Lowest) to 1 (Highest) 4 CONSUMER AU5 AND CARDS NZ CREDIT QUALITY OVER TIMECredit worthiness rated from 0 (Lowest) to 1,200 (Highest) 4 2.702.802.903.003.103.203.303.403.503.60 Ju n-24Ju l- 24Aug-24Sep-24Oct-24No v-24Dec-24Jan-2 5Feb-25Mar- 25Apr-25May- 25Ju n-25Ju l- 25Aug-25Sep-25Oct-25No v-25Dec-25Jan-2 6Feb-26Mar- 26Apr-26May- 26Ju n-26 Better Weaker IMPROVED CREDIT QUALITYIN COMMERCIAL BUSINESSIMPROVED CREDIT QUALITY INCONSUMER AU AND NZ BUSINESSBetter Weaker Jun-26
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20 FY26 RESULTS // 25 AUGUST 2026 CAPITAL REQUIREDCOST OF FUNDSVALUE PROVIDEDWarehouse2-7%HigherMulti-Asset Flexibility and Liquidity for Origination GrowthTerm Deal2-6%LowerLower Pricing and Improved Leverage BenefitsForward FlowNilLowerCommitted Facility and Capital-Light Growth DIFFERENTIATED FUNDING PLATFORM 1. Capital efficiency ratio is calculated as statutory equity divided by tangible assets and applied consistently across FY24 to FY26. Under this methodology, the FY25 ratio was 9.6%. The FY25 ratio previously disclosed under an alternative methodology was 10.5%, calculated as (Average Net Receivables – Average SPV Borrowings + Restricted Cash) ÷ Average Net Receivables. 2. FY26 execution of a second Forward Flow arrangement, securing a $500.0m one-year committed facility. The first tranche settled in January 2026, with $151.5m of Commercial assets derecognised. 3. At 30 June 2026, the Group had $5.4 billion of on-balance-sheet wholesale debt facilities, with $1.0 billion undrawn. The off-balance-sheet Forward Flow arrangement provides a further $0.4 billion of undrawn capacity. CONTINUED STRENGTH IN FUNDING PLATFORM•Diversified funding platform supported by leading Australian and international wholesale and institutional investors across the full capital stack.•Warehouse facilities, private placements, public transactions, and Forward Flow facilities across multiple currencies enable the Group to fund asset pools at the optimal capital and pricing point, maximising economic value through liability and balance sheet management.•The use of private placements across the balance sheet provides targeted leverage benefits, releasing capital back to the Group for reinvestment and growth.•The Forward Flow program supports capital-light growth by enabling targeted deployment of the Group’s capital base, maximising risk-adjusted returns and enhancing shareholder ROE. FUNDING FACILITIES DESIGNED TO DELIVER KEY BENEFITS TO THE GROUP CAPITAL DEPLOYED TO FUND COST-EFFECTIVE GROWTHCAPACITY TO FUND THE PORTFOLIO2 ($B) $5.0b$5.5b$5.3b 10.9%9.6%10.8% FY24FY25FY26Assets under managementCapital e fficiency r ati o $4.7b $4.7b $4.4b $0.6b $0.5b $0.7b $1.2b $1.0b $0.4b $0.4b $5.4b $6.9b $6.3b FY24FY25FY26Drawn Balance Forward Flow DrawnUn dr awn Balance Forward Flow Undrawn1 $1.4b undrawn capacity 3 available to fund future growth $4.9b drawn balance 3
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SUMMARY
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` 2222 FY26 RESULTS // 25 AUGUST 2026 PLATFORM TRANSFORMATIONExecution of platform transformation, as focus shifts to Cards re-platforming. RETURN OPTIMISATIONGroup-wide focus on productivity through platform transformation, AI-enabled automation and a comprehensive activity-based cost review to lower cost-to-income ratio. Intensified focus on optimising volume, margin and credit quality to further advance durable income streams to generate reliable risk-adjusted returns for shareholders. GROWTH AND SCALECapital-efficient AUM growth, continue to leverage the Group's efficient, cost-effective funding platform to generate scale and revenue. 01020304PRODUCTIVITY // A leaner, self-funded platform positioned for profitable and sustainable growth in a more stable corporate environment OUTLOOK – FY27 AND BEYOND
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APPENDICES
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24 FY26 RESULTS // 25 AUGUST 2026 `VERTICALS/INDUSTRIESCUSTOMER PROFILE$ATV1 POSITIONINGASSETS UNDER MANAGEMENT NET OPERATING INCOMENET LOSS/ANR Health // Retail //Solar // Home // TravelFamilies aged 35+Homeowners$6,600 Leading Point of Sale finance$1.9b $202.3m2.9% Construction // Engineering //AgricultureSMEs looking to borrow for tools of trade$139,000 ANZ leading provider of specialist asset finance$3.3b $124.8m1.5% CORE EXPERTISE>> Instant credit decisioning>> Continual credit improvements driven by data and scale>> Collections strategy and management>> Diversified funding capabilityto gain competitive advantage and improve capital efficiency CONSUMER FINANCE TO BE THE PROVIDER OF FINANCE FOR BIGGER PURCHASES 1. Average Transaction Value (ATV) for Consumer includesPosPP Australia, Cards NZ LTIF and Cards AU LTIF.
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25 FY26 RESULTS // 25 AUGUST 2026 `$6.7m($2.4m)($3.6m)($1.9m) $19.1m $170.9m $188.8m FY25InflationimpactCanadanon-payrollGroupworkforceoptimisationThird-partycostsIrregular itemsFY26 OPERATING EXPENSES•Underlying CTI ratio was 51.9% in FY26, reflecting a largely stable cost base supported by ongoing cost discipline and targeted efficiency initiatives. Reported CTI ratio of 57.7% (FY25: 51.7%) reflecting materially higher irregular items in FY26, alongside inflation and continued investment in platform capability and transformation.•Operating expenses of $188.8m included $19.1m of irregular items and $6.7m of inflationary pressures, partially offset by $4.5m3 of operating reset savings in Canada, exceeding the FY25 Investor Presentation target of $4.4m.•$19.1m of irregular items primarily relate to the concluded Forum Finance litigation and settlement, EGM and Takeovers Panel proceedings, M&A activities, ASIC investigations into historical matters, remediation and restructuring programs.•The underlying cost base remained largely stable, with employment costs well managed throughout the year. Workforce optimisation delivered $3.6m of savings, including $2.1m of payroll savings in Canada3.•Elevated IT expenditure reflects duplicate system costs in the Consumer business and platform development in Commercial. FY26 OPERATING EXPENSE BRIDGE VS FY25 ($M) OPERATING EXPENSES ($M)1 FY25FY26FY26vs FY25% FY26vs FY25Marketing 10.710.30.43.7%Employment91.487.83.63.9%Professional and outsourced operations24.024.4(0.4)(1.7%)Information technology and communication33.835.3(1.5)(4.4%)Insurance and other occupancy8.07.01.012.5%Other expenses3.024.0(21.0)(LRG)Operating expenses2 170.9188.8(17.9)(10.5%) Cost Savings 3 1. For ease of comprehension, Operating Expenses on this slide are presented as positive amounts, whereas they are shown as negatives throughout this document. Positive results represent favourable movements vs the comparison period(s); negative results represent unfavourable movements vs the comparison period(s). 2. Total operating expenses before depreciation and amortisation. 3. Canada business restructure savings of $4.5m comprise $2.4m of non-payroll savings and $2.1m of payroll savings already included within the $3.6m Group Workforce Optimisation program; the two amounts are not additive. EXPENDITURE – CAPABILITY INVESTMENT & IRREGULAR ITEMS
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` 2626 FY26 RESULTS // 25 AUGUST 2026 BROAD BASED EXPOSURE AND DIVERSIFICATION•Weighted average credit score continues to improve, particularly in recent vintages.•Well diversified portfolio with low customer and asset concentration risks.•“Tools of trade” assets with strong retained value and strong knowledge of secondary resale market.•Seasoning of losses following step-change growth over the last 36 months is well understood and actively managed through the cycle.•Recovery rates remain stable on strong customer profiles, with current economic conditions lengthening the recovery cycle.•Well established risk models built on years of ‘through the cycle’ SME market experience. WEIGHTED AVERAGE CREDIT RISK RATINGCredit worthiness rated from 10 (Lowest) to 1 (Highest) 1 DIVERSE CUSTOMER BASETop 2006.7%201-2,00025.6%2,001-5,00023.3%5,001-10,00022.1%10,000+22.4%GEOGRAPHICAL CONCENTRATION NSW 26.7%NT 1.0%ACT 0.7%QLD 26.5%SA 4.9%TAS 1.6%VIC 21.3%WA 12.0%NZ 5.4%SECTOR CONCENTRATIONASSET CATEGORY Primary80.2%Secondary12.4%Tertiary7.4% 2 3 4 5 6Ju n-23Dec-23Ju n-24Dec-24Ju n-25Dec-25Ju n-26 IMPROVED CREDIT QUALITY COMMERCIAL – STRONG CREDIT QUALITY & ASSET DIVERSIFICATION 1. Credit worthiness rating is based on Commercial internal rating system.
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