Adairs Ltd. · ASX:ADH
Adairs — Shareholder Meeting (October 2025)
21 slides from Adairs's shareholder meeting presentation, Oct 22, 2025
Slide 1: Release to the Australian Securities Exchange: 2025 AGM Presentation
Release to the Australian Securities Exchange Adairs Limited 2025 AGM Presentation 22 October 2025 ASX Market Announcement Office Via electronic lodgement For personal use only Dear Sir / Madam Please find attached a copy of the Presentation to be delivered at the 2025 Annual General Meeting, schedu
Slide 2: Adairs Limited 2025 Annual General Meeting
For personal use only Adairs Limited 2025 Annual General Meeting 22 October 2025
Slide 3: Chair
For personal use only Chair TRENT PETERSON 1
Slide 4: Your Board
Your Board 2 Non-Executive Directors Executive Director For personal use only Trent Peterson, Chair Kiera Grant Rachel Kelly David MacLean Elle Roseby Member – Focus on MD & Group CEO Chair – Nomination Chair – Audit & Risk Chair – People & Committee Committee Remuneration Furniture Advisory Committ
Slide 5: Chair's Report
For personal use only 3 CHAIR’S REPORT Trent Peterson
Slide 6: Managing Director & Group CEO's Report
For personal use only 4 MANAGING DIRECTOR & GROUP CEO’S REPORT Elle Roseby
Slide 7: FY25 financial overview
FY25 financial overview 5 Strong growth in Sales and EBIT at Adairs and Mocka, offset by a decline at Focus on Furniture. For personal use only Focus on Change on FY24 1 Group Adairs Furniture Mocka Sales +6.5% ▲ +9.5% ▲ - (6.5%) ▼ +14.7% ▲ Gross margin % - (140bps) ▼ - (170bps) ▼ - (240bps) ▼ +100b
Slide 8: Sustainability update
Sustainability update 6 Emissions ► The Group’s Scope 1+2 emissions rose 1.8% in absolute terms, driven by an increase in electricity usage - reflecting a larger store footprint and notably For personal use only warmer weather (greater use of air - conditioning) compared t o the prior year. ► Solar
Slide 9: Vision 2030
Vision 2030 7 What is it ► Vision 2030 is the Group’s strategic blueprint for sustainable growth For personal use only over the next five years. ► While execution will be brand - specific — across Adairs, Focus on Furniture and Mocka — Vision 2030 will drive deeper customer engagement, enhance brand
Slide 10: Adairs – FY26 initiatives
Adairs – FY26 initiatives 8 Our vision is to make Adairs the ultimate home style destination in Australia and New Zealand. For personal use only ► Reshape our go - to - market model to enable sustainable sales and margin growth and reduce excess inventory. ► Curate a reduction in item count by 10% ►
Slide 11: Focus on Furniture – FY26 initiatives
Focus on Furniture – FY26 initiatives 9 Our vision is to make Focus on Furniture Australia’s favourite destination for well designed quality furniture representing exceptional value. For personal use only ► Customer research has recently been completed, providing deep insights into how customers per
Slide 12: Mocka – FY26 initiatives
Mocka – FY26 initiatives 10 Our vision is to make Mocka the most loved furniture brand for young families and young adults in Australia and New Zealand. For personal use only ► Brand Investment: Continued targeted investment in brand awareness through digital marketing, brand campaigns, PR, and part
Slide 13: Outlook
Outlook 11 ► The next 10 weeks of H1 will deliver The table below provides an update to guidance for the H1 FY26 approx imately 55% of sales for the half with the following key events ahead: H1 FY26 For personal use only H1 FY25 H1 FY26 Updated Prior ► Adairs Linen Lover Event Business Actual Guidan
Slide 14: Meeting Resolutions
For personal use only MEETING RESOLUTIONS 12
Slide 15: 1. Annual Financial Report
13 1. Annual Financial Report “To receive and consider the Financial Report For personal use only of the Company and its controlled entities and the Reports of the Directors and Auditor for the year ended 29 June 2025.”
Slide 16: 2. Re-election of Director
14 2. Re-election of Director “That Trent Peterson, being eligible, be re-elected as a Director of the For personal use only Company.” Usable Votes and Proxies Received % of Eligible Votes Cast Votes / (excluding Proxies abstentions) For: 63,505,142 85.2% Open/Undirected (Chairman) 321,250 0.4% Open
Slide 17: 3. Election of Director
15 3. Election of Director “That Rachel Kelly, being eligible, be elected as a Director of the Company.” For personal use only Usable Votes and Proxies Received % of Eligible Votes Cast Votes / (excluding Proxies abstentions) For: 73,605,507 98.7% Open/Undirected (Chairman) 321,250 0.4% Open/Undirec
Slide 18: 4. Remuneration Report
16 4. Remuneration Report “That the Remuneration Report for the year ended 29 June 2025 be adopted.” For personal use only Usable Votes and Proxies Received % of Eligible Votes Cast Votes / (excluding Proxies abstentions) For: 57,066,227 78.1% Open/Undirected (Chairman) 308,356 0.4% Open/Undirected
Slide 19: 5. Approval of long-term incentive grant of Performance Rights to Elle Roseby
17 5. Approval of long-term incentive grant of Performance Rights to Elle Roseby “That approval be given for all purposes, including ASX Listing For personal use only Rule 10.14, for the grant of Performance Rights to Narelle (Elle) Alison Roseby as her annual long-term incentive for the year ended
Slide 20: Closed Meeting
For personal use only CLOSED MEETING 18
Slide 21: Important Notice and Disclaimer
Important Notice and Disclaimer The material in this presentation is general background information about Adairs Limited (ABN 50 147 375 451) (Adairs) and its activities current as at the date of the presentation. It is information given in summary form and does not purport to be complete. It should