HMC Capital (HMC) AGM 2025 Presentation summary

Opening remarks and agenda

• The meeting opened with a welcome, introduction, and acknowledgment of country, followed by addresses from the Chair and CEO and formal business proceedings.

Financial performance review

• Operating EPS (pre-tax) rose 51% to 56.0cps, with AUM up 47% to $18.7bn and Funds Management EBITDA up 160% to $102.6m.

• Dividend of 12.0cps (partially franked) declared, with strong net liquidity and gearing position.

• Real estate, private equity, private credit, digital infrastructure, and energy transition platforms all delivered significant growth and returns.

Board and executive committee updates

• Board comprises a mix of independent and non-executive directors, with Chris Saxon as Chair and David Di Pilla as Group Managing Director and CEO.