Data#3 (DTL) AGM 2025 summary

Opening remarks and agenda

• Chair welcomed shareholders and guests, introduced the Board and executive team, and confirmed a quorum for the hybrid AGM, outlining five resolutions for consideration.

• Notice of meeting was properly convened, and voting procedures for both in-person and virtual attendees were explained.

Board and executive committee updates

• Significant Board renewal in FY 2025 included the retirement of Leanne Muller and Susan Forrester, and the appointment of Bronwyn Morris, Diana Eilert, and Laurence Baynham, all standing for election.

• Bronwyn Morris appointed as Chair of the Audit and Risk Committee; Diana Eilert proposed as Chair of Remuneration and Nominations Committee, pending election outcomes.

• Board composition adjustments aim to enhance diversity, expertise, and succession planning.

Financial performance review

• Achieved record gross sales of AUD 3 billion in FY 2025, up 9% year-on-year, with all segments contributing.

• Gross profit rose 7.3% to AUD 289.7 million; internal cost ratio improved to 79.7% due to operational efficiencies.

• EBITDA increased 11% to AUD 66.4 million; profit before tax up 11.4% to AUD 69.1 million.

• Net cash from operations exceeded AUD 126 million; balance sheet remained strong and debt-free.