Slides
Page 1
2025 Annual General Meeting Annual General Meeting 2025 For personal use only
Page 2
Acknowledgement of Country The Lottery Corporation acknowledges the Traditional Custodians and First Peoples of Australia and their continuing connection with the lands on which our offices, retail outlets and venues operate. Through our commitment to reconciliation, we can build a bright and inclusive future together, creating better outcomes for all Australians. Artist Acknowledgement Elaine Chambers-Hegarty, Aboriginal Artist and Designer For personal use only
Page 3
5 Chairman’s Address Annual General Meeting 2025 For personal use only
Page 4
6 A heritage of life-changing wins and supporting the community For personal use only
Page 5
7 Resilient financial performance in FY25; ordinary dividend increased For personal use only
Page 6
8 The Lottery Corporation Board of Directors Doug McTaggart Independent Chairman Sue van der Merwe Managing Director and Chief Executive Officer Harry Boon Independent Non-executive Director Stephen Morro Independent Non-executive Director John O’Sullivan Independent Non-executive Director Megan Quinn Independent Non-executive Director Tim Poole Independent Non-executive Director Anne Brennan Independent Non-executive Director For personal use only
Page 7
9 • Implement Powerball subscription price change - Targeting November 20251 • Dynamic product portfolio optimisation - prize offers, brand positioning • Launch new brand marketing campaigns – The Lott, Oz Lotto, Set for Life • Progress changes for Set for Life game - Targeting FY271 • Accelerate active registered customer sign up - Leverage Digitally Enabled Retail Membership program • Deliver new in-store payment options - Prizes paid digitally; expand Keno cashless • In App personalisation - Leverage Customer Data Platform to deliver personalised customer experience • Contact Centre service modernization - Increased automation and ‘self-service’ options for customers • Continue the new Terminal Roll Out - Queensland Keno; NSW/ACT Lotteries and Keno1 • Business Systems Uplift - More efficient product and customer feature delivery • Preserve/enhance/extend existing licences - Ongoing • Engage with federal government review2 - Ongoing advocacy for industry sustainability • Scale Charitable Lotteries - Play For Purpose charity raffle3 - Increased and improved raffle offerings • Progress Customer Care Roadmap Initiatives - Additional self service player protection functionality Key Priorities for FY26 Key Product Deliverables Transform Customer Experience Enhance Licence Value Drive Sustainable Growth Amplify our Community Impact Maximise Operational Efficiency Notes: 1. Subject to all necessary regulatory and other approvals 2. Review into the impact of online keno and foreign-matched lotteries 3. The Play For Purpose charity raffle is conducted by the 50-50 Foundation Limited as trustee for the 50-50 Foundation, a charity registered with the Australian Charities and Not-for-Profits Commission For personal use only
Page 8
10 Advocating for a sustainable lotteries and keno sector For personal use only
Page 9
11 The Board congratulates Sue van der Merwe for her outstanding contribution to The Lottery Corporation. Wayne Pickup to commence as MD & CEO in November 2025, subject to receipt of all necessary regulatory approvals. Managing Director & CEO Appointment For personal use only
Page 10
12 The Lottery Corporation is well positioned to continue to deliver sustainable value for all our stakeholders For personal use only
Page 11
13 MD & CEO’s Address Annual General Meeting 2025 For personal use only
Page 12
A track record of sustained industry growth and resilience Positive growth in the 3-year average turnover, notwithstanding short-term fluctuations due to jackpot variability Australian Industry Turnover – Lotteries and Keno (A$bn)1,2 4.8% p.a. 3.7% p.a. CAGR: FY05 - FY25 Lotteries 3.6% Keno 4.1% CAGR: FY20 - FY25 Lotteries 3.8% Keno 10.0% Global Financial Crisis COVID-19 Notes: 1. Source: Australian Gambling Statistics (AGS), 39th edition, for period FY05 to FY23 2. Estimates by The Lottery Corporation of the Australian industry for FY24 and FY25 5.4 For personal use only
Page 13
15 Portfolio diversification and active management delivered a resilient financial performance For personal use only
Page 14
16 Major initiatives delivered in FY25 A successful year delivering against our strategy Compelling product and game enhancements Retail environment and experience uplift Play for Purpose integrated into The Lott’s digital channels Delivering our products responsibly Digital transformation acceleration For personal use only
Page 15
17 The vast majority of our turnover goes back to Australian communities To our winners, to small business via our retail and venue partners, to our charity and industry partners, and to the broadercommunity For personal use only
Page 16
18 Amplifying our community impact Our purpose is to create positive impacts –for our customers, our people and the communities we operate in Operating Responsibly Enabling Responsible Play Supporting our Community Enabling our People For personal use only
Page 17
19 Strategy focused on maximising digitalisation opportunities and registered customer growth Ongoing portfolio innovation driving growth A track record of sustainable growth Started FY26 with good momentum in the business Maintaining capital and cost discipline alongside balance sheet flexibility FY26 priorities Supporting sustainable growth and driving shareholder value For personal use only
Page 18
20 The Lottery Corporation The leader in Australia’s lotteries and keno market and one of the highest performing lotteries businesses globally For personal use only
Page 19
21 This presentation (Presentation) contains summary information about the current activities of The Lottery Corporation Limited (The Lottery Corporation) and its subsidiaries. It should be read in conjunction with The Lottery Corporation’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au. The information contained in this Presentation is of a general nature and has been prepared by The Lottery Corporation in good faith and with due care, however no representation or warranty, express or implied, is provided in relation to the accuracy or completeness of such information. This Presentation is for information purposes only and is not a prospectus, product disclosure statement or other disclosure or offering document under Australian or any other law. This Presentation does not constitute an offer, invitation or recommendation to subscribe for or purchase any security and neither this Presentation nor anything contained in it shall form the basis of any contract or commitment. The information provided in this Presentation is not financial product or investment advice and has been prepared without taking into account the investment objectives, financial circumstances or particular needs of any particular investor or potential investor. Neither The Lottery Corporation nor any other person warrants or guarantees the future performance of The Lottery Corporation shares or any return on any investment made in The Lottery Corporation shares. This Presentation may contain certain 'forward-looking statements'. The words 'anticipate', 'believe', 'expect', 'project', 'forecast', 'estimate', 'likely', 'intend', 'should', 'could', 'may', 'target', 'plan' and other similar expressions are intended to identify forward-looking statements. Indications of, and guidance on, financial position and performance are also forward-looking statements. Any forecasts or other forward looking statements contained in this Presentation are subject to known and unknown risks and uncertainties and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct. 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 The Lottery Corporation, 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 are cautioned not to place undue reliance on forward looking statements. Except as required by law or regulation (including the ASX Listing Rules), The Lottery Corporation undertakes no obligation to update these forward-looking statements. Past performance information given in this Presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. Investors should be aware that certain financial measures included in this Presentation are ‘Non-IFRS financial information’ under ASIC Regulatory Guide 230: ‘Disclosing non-IFRS financial information’ published by ASIC and ‘non-GAAP financial measures’ within the meaning of Regulation G under the U.S. Securities Exchange Act of 1934, as amended, and are not recognised under AAS and IFRS. Non-IFRS financial information in this Presentation include EBITDA (before significant items), EBIT (before significant items), net debt, gross debt and NPAT (before significant items). Such non-IFRS financial information does not have a standardised meaning prescribed by AAS or IFRS, and is not audited. Therefore, the non-IFRS financial information may not be comparable to similarly titled measures presented by other entities, and should not be construed as an alternative to other financial measures determined in accordance with AAS or IFRS. Although The Lottery Corporation believes these non-IFRS financial measures provide useful information to investors in measuring the financial performance and condition of its business, investors are cautioned not to place undue reliance on any non-IFRS financial information included in this Presentation. All dollar values are in Australian dollars (A$) unless otherwise stated. ® These trade marks are registered in Australia (either across Australia or limited to certain state/s or territory/ies) and are owned by or licensed to a company in the Group. Disclaimer For personal use only