Slides
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CEO Address 29 October 2026
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2Woolworths Group Annual General Meeting 2026 F26 Group summary Momentum in Australian Food driving Group result Group sales $71.5b ↑ 3.6% vs. F25 Group eCom sales $10.6b ↑ 15.9% vs. F25 Group VOC NPS 49 ↑ 4 pts vs. Jun’25 Group EBIT (before SI) $3,105m ↑ 12.7% vs. F25 Final dividend 52c ↑ 15.6% vs. F25 1 Attributable to equity holders of the parent entity before significant items Good progress on strategy to become first choice for customers Customer investment and improved execution in Australian Food delivering solid sales growth Group EBIT1 up 12.7% driven by growth in all trading segments. Significant contribution from complementary businesses & services Group eCommerce sales growth of 15.9% led by On Demand; strong profit improvement Above-store cost savings delivered in line with expectations supporting 24 bps reduction in Group CODB Group NPAT (before SI)1 $1,599m ↑ 15.4% vs. F25
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3Woolworths Group Annual General Meeting 2026 Good progress on strategic priorities Become first choice for the Freshest Australian Food1 2 Improve returns in New Zealand Food and BIG W 3 Grow complementary businesses & services • Deliver competitive value for every customer • Differentiate with products customers love • Create the best shopping experience • Reshape to be a modern future-fit retailer • Develop leaders who deliver and transform Sales growth from Woolworths Food Retail in line or above the market Incremental growth from complementary businesses & services Woolworths Food Retail EBIT growth > sales Double-digit TSR HOW WE WILL EXECUTE STRATEGIC IMPERATIVES WHAT WE WILL ACHIEVE MEDIUM-TERM PRIORITIES WHAT WE WILL DELIVER FINANCIAL ASPIRATIONS AMBITION Be the first choice for customers, offering the best products and shopping experiences, led by our People and powered by Technology Woolworths Group Annual General Meeting 2026
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4Woolworths Group Annual General Meeting 2026 11 1 Become first choice for the Freshest Australian Food Priority 3 Grow complementary businesses and services Priority 2 Improve returns in NZ Food and BIG W Priority Medium-term strategic priorities Restoring momentum in Australian Food Invested over $100 million in lower prices in F26 and provided more value through Everyday Rewards Transformed convenience meals offer with 83 new and 60 reformulated ready-made meals featuring improved freshness Launched over 445 new own brand products in F26, including 41 new and 24 rebranded products Ramp up of Moorebank RDC ahead of plan picking over 2.4 million cartons per week on average Transformed digital shopping assistant, Olive, leveraging agentic AI; launched digital Smart Basket feature
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5Woolworths Group Annual General Meeting 2026 12 1 Become first choice for the Freshest Australian Food Priority 3 Grow complementary businesses and services Priority 2 Improve returns in NZ Food and BIG W Priority Medium-term strategic priorities Improvement in New Zealand Food and BIG W New Zealand F26 EBIT up 8.8%1; ROFE up 64 bps Solid New Zealand eCommerce growth of 10.8%1 in F26 Relaunched Member Prices in New Zealand on over 1,500 items BIG W return to profit in F26 with EBIT up $97 million on prior year; ROFE up 9.8 pts BIG W own brand growth of 7.5% in F26; Completed roll out of RFID technology in Clothing 1 New Zealand dollars
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6Woolworths Group Annual General Meeting 2026 3 Grow complementary businesses and services Priority 1 Become first choice for the Freshest Australian Food Priority 2 Improve returns in NZ Food and BIG W Priority Medium-term strategic priorities 13 Significant contribution from complementary businesses and services Solid sales and EBIT growth from PFD despite more challenging customer environment in H2 Petstock F26 sales up 12.3% (comparable sales growth of 5.8%) driven by value reset and eCommerce growth; EBIT up 33.5% Cartology sales growth of 11.3% in H2; completed Cartology aisle- entry screen rollout across Woolworths Supermarkets Strong growth in Rewards & Services supported by growth in Mobile and Insurance customers High single-digit revenue growth in PC+
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7Woolworths Group Annual General Meeting 2026 Q1 F27 financial performance Group sales $19.4b ↑ 4.7% vs. Q1 F26 Group eCom sales $3.1b ↑ 16.0% vs. Q1 F26 Group VOC NPS 48 ↓ 1 pt vs. September 2025 Australian Food sales $14.8b ↑ 6.9% vs. Q1 F26 Strong Australian Food momentum continuing in Q1
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8Woolworths Group Annual General Meeting 2026 8 Our ambition is to be the first choice for customers
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9Woolworths Group Annual General Meeting 2026 9 Confident in our plan to deliver long-term shareholder value
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10Woolworths Group Annual General Meeting 2026 2026 AGM proxy summary as at proxy close Item of business For Against Proxy’s Discretion Abstain1 2. Remuneration Report 618,193,251 96.40% 18,764,815 2.93% 4,343,209 0.68% 13,553,113 3. Re-election and election of directors a. To re-elect Mr Scott Perkins as a director 579,427,059 90.43% 56,859,402 8.87% 4,436,887 0.69% 14,131,040 b. To re-elect Mr Warwick Bray as a director 625,618,943 97.45% 11,916,675 1.86% 4,460,018 0.69% 12,858,752 c. To elect Mr Jon Alferness as a director 635,801,424 99.04% 1,664,143 0.26% 4,490,311 0.70% 12,898,510 d. To elect Mr Terry Bowen as a director 636,635,541 99.18% 805,273 0.13% 4,489,291 0.70% 12,924,283 4. Managing Director and Chief Executive Officer F27 Long Term Incentive Grant 625,667,895 97.54% 11,547,230 1.80% 4,224,586 0.66% 13,414,677 5. Approve approach to termination benefits for three years 633,607,527 98.73% 3,796,816 0.59% 4,327,208 0.67% 13,122,837 6. Approve Non-executive Directors’ Equity Plans 632,066,474 98.48% 5,483,103 0.85% 4,259,319 0.66% 13,045,492 7. Increase in aggregate cap of Non-Executive Directors’ remuneration 634,363,865 98.83% 3,236,476 0.50% 4,263,756 0.66% 12,990,291 1 Votes by a person who abstains on an item are not counted in calculating the required majority on a poll
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11Woolworths Group Annual General Meeting 2026 This presentation contains summary information about Woolworths Group Limited (Woolworths Group) and its activities current as at the date of this presentation. It is sourced from and should be read in conjunction with Woolworths’ other periodic and continuous disclosure announcements filed with the Australian Securities Exchange, available at www.asx.com.au. Information about Woolworths Group's financial performance is current as at the last announcement provided to the Australian S ecurities Exchange. This presentation has not been audited in accordance with Australian Auditing Standards. This presentation contains certain non-IFRS measures that Woolworths Group believes are relevant and appropriate to understanding its business. Refer to the Woolworths Group’s F26 Full Year Results and Dividend Announcement for further details. This presentation is for information purposes only and is not a prospectus or product disclosure statement, financial product or investment advice or a recommendation to acquire Woolworths Group shares or other securities. It has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own obj ectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction. Past performance is no guarantee of future performance. No representation or warranty, expressed or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Woolworths Group and its related bodies corporate, or their respective directors, employees or agents, nor any other person accepts liability for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it, including, without limitation, any liability from fault or negligence. This presentation may contain forward-looking statements including statements regarding our intent, belief or current expectatio ns with respect to Woolworths Group’s business and operations, market conditions, results of operations and financial condition, specific provisions and risk management practi ces. When used in this presentation, the words ‘plan’, ‘will’, ‘anticipate’, ‘expect’, ‘may’, ‘should’ and similar expressions, as they relate to Woolworths Group and its management, are intended to identify forward-looking statements. Forward looking statements involve known and unknown risks, uncertainties and assumptions and other important factors that co uld cause the actual results, performances or achievements of Woolworths Group to be materially different from future results, performances or achievements expressed or impli ed by such statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. Disclaimer