Freightways Group Limited · NZX:FRW
Freightways — Shareholder Meeting (October 2026)
48 slides from Freightways's shareholder meeting presentation, Oct 29, 2026
Slide 1: Freightways Annual Shareholders Meeting 2026
Freightways Annual Shareholders Meeting rsonal use only 2026 NZ X | ASX: FRW
Slide 2: David Gibson Chairman's Address
2 FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 rsonal use only David Gibson Chairman’s Address
Slide 3: Agenda
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 rsonal use only Agenda 1. Procedural matters 2. Chairman’s address 3. CEO’s strategy & trading update 4. Questions 5. Resolutions 3
Slide 4: Shareholder & Proxy Holders Q&A Participation & Voting
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Shareholder & Proxy Holders Q&A Participation & Voting rsonal use only Online Questions: Voting: If you have a question to submit during the live meeting, Once the voting has been opened, the resolutions and please select the Q&A tab on the right half o
Slide 5: FY26 Performance
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 FY26 Performance Our businesses have remained resilient in a complex economic environment. Activity levels lifted in Q2 and Q3 rsonal use only across most lines of business, but then quickly fell as higher fuel prices impacted consumer demand. We prom
Slide 6: Financial Highlights
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Financial Highlights Revenue * EBITA growth NPAT growth * EBITA margin rsonal use only 13.5% 14.6% 17.3% 12.4% to $1,463.6m to $181.6m to $94m from 12.3% FY25 Cash Generated from Basic earnings Net Debt/ Dividend (FY) Operations per share EBITDA 12.5% 1
Slide 7: Australia Growing as a Contributor to Group Results
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Australia Growing as a Contributor to Group Results Revenue FY26 Revenue FY25 rsonal use only AU AU 39% 36% NZ NZ 61% 64% EBITA FY26 EBITA FY25 AU AU 38% 34% NZ NZ 62% 66% 7
Slide 8: Leverage Reflects Acquisition Of VTFE From Feb
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 rsonal use only Leverage Reflects Acquisition Of VTFE From Feb 26 Net Debt to EBITDA Gearing (Net Debt / Equity) 4.0 70% 3.5 60% 3.0 50% 2.5 40% Times 2.0 30% 1.5 20% 1.0 0.5 10% - 0% FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY20 FY21 FY22 FY23 FY24 FY25 FY26
Slide 9: Dividend FY26
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Dividend FY26 FY26 Final FY25 Final Dividend Dividend rsonal use only FY26 Dividend 12.5% 24 cps 21 cps (FY 45cps) (FY 40cps) post IFRS16 Dividends: (cps) 50 40 30 20 10 Notes: • cps = Cents Per Share - Final 0 dividend of 24cps, fully imputed in 2004 2
Slide 10: Conclusion
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Conclusion Freightways has continued to deliver through the cycle despite an extended challenging economic period rsonal use only We have continued to invest in the business to position it for future growth; – With network investment in Christchurch
Slide 11: Mark Troughear Strategy & Trading Update
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 11 rsonal use only Mark Troughear Strategy & Trading Update
Slide 12: Our Blueprint
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 12 rsonal use only Our Blueprint
Slide 13: Three Horizons of Growth: Key Strategic Initiatives
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Three Horizons of Growth Key Strategic Initiatives Express Package Temperature Controlled Information Management Waste Renewal rsonal use only Drive profitable market Target opportunities that Improve utilisation of the Optimisation of the netwo
Slide 14: Q1 FY27 Trading Update
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 14 rsonal use only Q1 FY27 Trading Update
Slide 15: Q1 FY27
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 FY27 • Fuel prices fluctuated but generally remained elevated through Q1 rsonal use only • High fuel prices have the dual impact of; – elevating revenue and costs (through fuel adjustment factors that recover fuel costs) – dampening consumer demand –
Slide 16: Q1 Consolidated Performance - Unaudited
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 Consolidated Performance - Unaudited Revenue growth driven by higher fuel recovery in EP&BM and the addition of VTFE Q1 FY27 Q1 FY26 Change rsonal use only Notes $m $m % Continued to win market share and in most Operating Revenue 408.3 347.1 17.6
Slide 17: Q1 Express Package & Business Mail - Unaudited
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 Express Package & Business Mail - Unaudited Strong revenue growth of 20% with key contributors being; Q1 FY27 Q1 FY26 Change rsonal use only VTFE 9% Notes $m $m % Fuel 5% Operating Revenue 346.0 288.0 20.1 Post Haste and DX Mail brands perfor
Slide 18: Q1 FY27 NZ Express Package Network Volume
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 FY27 NZ Express Package Network Volume New Zealand Q1 FY27 Network Q1 FY27 rsonal use only Item growth of 2.9% for Q1 – +2.6% from net market share gains Items v pcp Revenue growth (wins – losses) – Same customer volumes were 2.9% 8.3% marginally p
Slide 19: Q1 FY27 Allied Express Package Volume
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 FY27 Allied Express Package Volume Australia Q1 FY27 Network Q1 FY27 rsonal use only Revenue for Q1 up 8% due to pricing, fuel recovery and a larger item profile Items v pcp Revenue growth1 This revenue growth was achieved off Flat 8% flat Q1 vol
Slide 20: Q1 Information Management - Unaudited
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 Information Management - Unaudited Revenue growth of 6% driven by: Q1 FY27 Q1 FY26 Change rsonal use only – Strong IT Equipment and Product Destruction Notes $m $m % revenues at Shred-X (up 40% and 28% respectively Operating Revenue 63.9 60.5 5.6 o
Slide 21: Outlook
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Outlook Our businesses have proven to be resilient over the past 3 years of soft NZ economic activity. In NZ same-customer activity was recovering and positive before the war in the Middle East, some customer segments have struggled Volumes expected t
Slide 22: Questions
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 rsonal use only Questions If you wish to ask a question, please simply raise your hand. For those joining online, select the “Q&A” tab on the right half of your screen at any Type your question into the field and press “Send”. Your question will
Slide 23: Resolutions
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 rsonal use only Resolutions 1. That Peter Kean be re-elected as a director of Freightways. 2. That the Directors are authorised to fix the Auditors’ remuneration. 23
Slide 24: Resolution 1: Re-election of Peter Kean
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 rsonal use only Resolution 1 That Peter Kean be re-elected as a Director of Freightways 24
Slide 25: Resolution 2: Auditors' remuneration
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 rsonal use only Resolution 2. That the Directors are authorised to fix the Auditors’ remuneration 25
Slide 26: Questions?
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 26 rsonal use only Questions?
Slide 27: Ngā mihi nui (thank you)
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 27 rsonal use only Ngā mihi nui (thank you)
Slide 28: Disclaimer
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Disclaimer Read this presentation with the financial statements: The financial results in this presentation should be read in conjunction with the financial statements for the full year ended 30 June 2026, which can be found in the Freightways full year
Slide 29: Appendices
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 29 rsonal use only Appendices
Slide 30: Group Financial Summary – FY Ended June 2026
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Group Financial Summary – For the Financial Year Ended 30 June 2026 FY26 FY25 Change Notes $m $m % rsonal use only Operating Revenue 1,463.6 1,289.6 13.5 EBITA (non-GAAP) 1 181.6 158.4 14.6 EBITA margin 12.4% 12.3% NPAT 2 94.0 80.1 17.3 NPAT margin 6.4%
Slide 31: Express Package & Business Mail – FY Ended 30 June 2026
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Express Package & Business Mail – For the Financial Year Ended 30 June 2026 FY26 FY25 Change $m $m % rsonal use only Operating Revenue 1,235.2 1,061.0 16.4 EBITA (non-GAAP) 168.1 143.3 17.3 EBITA margin 13.6% 13.5% NPAT 102.1 86.7 17.8 Notes: • Results
Slide 32: Information Management – FY Ended June 2026
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Information Management – For the Financial Year Ended 30 June 2026 FY26 FY25 Change $m $m % rsonal use only Operating Revenue 234.0 233.6 0.2 EBITA (non-GAAP) 31.6 31.3 1.0 EBITA margin 13.5% 13.4% NPAT 16.9 17.3 (2.3) Notes: • Results in this table are
Slide 33: Reconciliation of Post-NZ IFRS16 to Pre-NZ IFRS16
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Reconciliation of Post-NZ IFRS16 to Pre-NZ IFRS16 (Unaudited) Freightways Group Q1 FY27 Q1 FY27 Q1 FY27 Q1 FY26 Q1 FY26 Q1 FY26 $m $m $m $m $m $m rsonal use only Freightways Group POST NZ NZ IFRS16 PRE NZ IFRS16 POST NZ NZ IFRS16 PRE NZ IFRS16 IFRS16 AD
Slide 34: Reconciliation Pre- to Post-NZ IFRS16: Express Package & Business Mail
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Reconciliation of Pre-NZ IFRS16 to Post-NZ IFRS16 (Unaudited) Express Package & Business Mail Q1 FY27 Q1 FY26 Change Express Package & Business Mail $m $m % rsonal use only Operating Revenue 346.0 288.0 20.1 EBITDA (before NZ IFRS16) 47.1 43.0 9.5 Add:
Slide 35: Reconciliation Pre- to Post-NZ IFRS16: Information Management
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Reconciliation of Pre-NZ IFRS16 to Post-NZ IFRS16 (Unaudited) Information Management Q1 FY27 Q1 FY26 Change Information Management $m $m % rsonal use only Operating Revenue 63.9 60.5 5.6 EBITDA (before NZ IFRS16) 11.7 10.3 13.6 Add: NZ IFRS16 adjustment
Slide 36: Chair's Introduction (meeting script)
ANNUAL SHAREHOLDERS MEETING A. CHAIR’S INTRODUCTION For personal use only Slide 1. Freightways - 29 October 2026, Annual Shareholders Meeting Slide 2. David Gibson, Chair Nau mai, haere mai. Tena tatou katoa. Good morning Ladies and Gentlemen. I’m David Gibson, Freightways Chair and it’s my pleasure
Slide 37: Housekeeping and Agenda (script)
Firstly a few housekeeping matters: The bathrooms are located on the first-floor atrium. In the event of an For personal use only emergency, please evacuate immediately through the fire exit doors and gather at the assembly point in the carpark behind this building. Could I request that you switch y
Slide 38: How to ask questions and vote (script)
The Financial Statements for the year ended 30 June 2026 are set out in the Company’s Annual Report, released to shareholders in August. The Company also released its Climate-Related Disclosures last month. For personal use only Slide 4. How to ask questions and vote Today’s meeting is being held bo
Slide 39: FY26 Performance (script)
If you do not have a voting paper, please indicate now by raising your hand and a member of Computershare’s team will assist you. Voting papers will be collected at the end of the resolution and voting section of the meeting For personal use only by the Computershare team who will act as scrutineers
Slide 40: Financial Highlights and Australia (script)
relatively cheaper road express services rather than our more expensive overnight airfreight mode. For personal use only In Australia, volumes were not impacted to the same extent, as government help meant that fuel prices did not reach the same levels, however, more recently the economic environmen
Slide 41: Dividend and Conclusion (script)
Freightways aims to maintain this ratio between 3 and 4x. This gives us significant headroom to support potential acquisitions For personal use only Slide 9. Dividend On the back of a strong result and a solid balance sheet, the Board decided to increase the Full Year dividend to 45 cents, a 12.5% i
Slide 42: Thanks and CEO handover (script)
I would like to thank our team of over 6,000 employees and contractors who operate with an unwavering focus on “Moving you to a Better Place”. For personal use only I would also like to thank my fellow Directors, and our Chief Executive Mark Troughear, his Management Team, who have continued to lead
Slide 43: Blueprint and Strategic Initiatives (script)
I’ll provide a brief summary of our strategy, a trading update for Q1 FY27, and some comments on the outlook for the year ahead. Slide 12. Our Blueprint - Vision: We move you to a better place For personal use only - Principles: Take ownership, think commercially, work as a family. - Capabilities: S
Slide 44: Waste Renewal and Transition Plan (script)
Waste Renewal - Optimise the network to improve margins - Continue to drive medical waste growth and source circular loop solutions for hard to recycle waste For personal use only Our Transition Plan Focus Areas - Implement and deliver our Transition Plan objectives, including our commitment to tran
Slide 45: Q1 FY27 Trading Update (script)
Slide 14. Q1 FY27 Trading Update Cover Slide 15. Q1 FY27 - Fuel prices fluctuated but generally remained elevated through Q1 For personal use only - Higher fuel prices increase both revenue and costs through fuel adjustment factors, while dampening consumer demand, particularly in discretionary reta
Slide 46: Express Package results (script)
Slide 17. Express Package & Business Mail – Q1 FY27, unaudited and excludes lease accounting - Revenue increased 20.1% to $346.0m, with VTFE and higher fuel recovery key contributors For personal use only - Post Haste and DX Mail performed strongly, reflecting their leading positions and higher dema
Slide 47: Allied and Information Management (script)
Slide 19. Q1 FY27 Allied Express Package Volume - Allied’s Q1 revenue increased approximately 8%, supported by pricing, fuel recovery and a larger item profile - Volumes were broadly flat, down 0.1%, with new business offsetting For personal use only lower activity from existing customers - A furthe
Slide 48: FY27 Outlook (script)
Slide 21. FY27 Outlook - Our businesses have remained resilient through three years of soft NZ economic activity. Same-customer activity had been recovering before fuel prices rose, but some customer segments have since struggled For personal use only - We expect same-customer volumes in both market
Freightways Group — Shareholder Meeting (October 2026) on 6ix