Helia Group (HLI) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with acknowledgment of traditional land owners and confirmation of quorum for a hybrid AGM, enabling both in-person and virtual participation.

• Meeting procedures, director introductions, and participation guidelines were outlined, including Q&A and voting processes.

Financial performance review

• 2024 saw continued profitability, customer satisfaction, and growth in new business, with over 31,000 home buyers supported and 810,000 policies in force.

• Statutory NPAT was AUD 232 million, underlying NPAT AUD 221 million, and gross written premium up 6% to AUD 196 million.

• Total shareholder return was 18%, outperforming the ASX 200 by over 6%, and AUD 345 million was returned to shareholders via dividends and buybacks.

• Net tangible assets per share rose 5% to AUD 3.93, with a PCA coverage ratio of 2.1x at year-end.

Board and executive committee updates

• Board renewal continued, with retirements and the appointment of two new directors, JoAnne Stephenson and Andrew Moore, both standing for election.

• Alastair Muir stood for re-election, highlighting his digital and innovation expertise.

• The board expressed thanks to outgoing directors and emphasized a robust recruitment process for new appointments.