AMP (AMP) AGM 2026 summary

Opening remarks and agenda

• Chair welcomed shareholders to the hybrid AGM, confirmed quorum, and acknowledged traditional land owners.

• Introduced Board members, CEO, executive team, and auditors; outlined meeting procedures and agenda.

• Detailed Q&A and voting procedures for both in-person and online participants, emphasizing orderly participation.

Financial performance review

• Underlying NPAT rose 20.8% to AUD 285 million; statutory NPAT was AUD 133 million for 2025.

• Strong growth in Australian wealth businesses, stable NZ bank performance, and solid partnership contributions.

• Top-quartile investment returns for most superannuation members; innovation in digital advice and retirement products.

• Cost base reduced by 13% over two years, strengthening balance sheet and financial position.

Board and executive committee updates

• Blair Vernon appointed CEO, succeeding Alexis George, who led major transformation and simplification.

• Andrea Slattery retired; Linda Elkins appointed as Non-Executive Director, standing for election.

• Board expressed confidence in new leadership and ongoing governance renewal.