Australian Unity Ltd · ASX:AYUPA
Australian Unity — FY2026 Earnings Presentation
28 slides from Australian Unity's earnings presentation, Aug 26, 2026
Slide 1: ASX Announcement
ASX Announcement 26 August 2026 Australian Unity Limited - FY2026 Investor Presentation Please find attached Australian Unity Limited’s Investor Presentation relating to the financial results for the year ended 30 June 2026. -end- This announcement has been authorised for release by the Australian Uni
Slide 2: 2026 Full Year Results
Australian Unity Limited 2026 Full Year Results Creating MORE real wellbeing
Slide 3: Important information
Important information This notice applies to all information provided as a part of this AUL makes no representation or warranty, express or implied, regarding presentation including, without limitation, these slides, associated the fairness, accuracy, completeness, correctness or reliability of the
Slide 4: Agenda and presenters
Agenda and presenters FY26 Group financial overview 11 Platform summaries 18 Key presenters: Summary and outlook 23 Appendix 25 Kelly Bayer Rosmarin Darren Mann Group Managing Group Executive - Director and CEO Finance & Strategy and Chief Financial Officer Australian Unity acknowledges the Traditio
Slide 5: Who we are
Who we are A trusted mutual organisation with a 185-year history of supporting the wellbeing of Australians We deliver high-quality services and products across health, wealth and care to support Australians to age well Home Health Insurances Community Living2 Wealth & Capital Markets All Residentia
Slide 6: Aligned to attractive long-term growth markets
Aligned to attractive long-term growth markets Structural demographic tailwinds are driving increased demand for health, care and wealth services, while industry trends favour scaled, diversified and trusted providers Structural drivers and industry trends Australian Unity is well positioned to bene
Slide 7: Where we stand today
Where we stand today A unique platform and trusted brand, with clear opportunities to improve operational efficiency, enhance member experience and realise our full potential Core strengths Core challenges Opportunity • Trusted mutual with strong • Brand awareness and recognition • Enhance trusted A
Slide 8: Our ambition for the future
Our ambition for the future ^ value for members MOREmembers MORE sustainable, stronger, simpler ^ ^ ^ Members experience More Australians choose to Australian Unity operates as a Australian Unity as a single, join Australian Unity because stronger, simpler organisation integrated organisation that o
Slide 9: Strategic horizons
Strategic horizons Three-staged approach begins with FY27, focused on establishing the foundations needed to deliver growth and enhanced member value Phase 3: Innovate (FY30, FY31) Phase 2: Grow (FY28, FY29) Deliver exceptional member experience through a multi-platform, Strengthen member-centricity
Slide 10: Strategic priorities for FY27
Strategic priorities for FY27 Driving an enhanced member value proposition and improved operational efficiency leading to a more sustainable organisation value for members MOREmembers MORE sustainable, stronger, simpler ^ ^ ^ 1. Strengthen member value proposition 1. Expand reach and distribution of
Slide 11: Strengthened leadership to drive execution
Strengthened leadership to drive execution New appointments to broaden leadership capability and support delivery of strategic priorities Balaji Gopal Jee Moon Antony Strong Chief Executive Officer & Group Executive – General Manager, Strategy & Group Executive – Customer & Marketing Alignment and C
Slide 12: FY26 Group financial overview
FY26 Group financial overview FY26 investor presentation 11
Slide 13: FY26 earnings impacted by four key factors
FY26 earnings impacted by four key factors Regulatory reform created significant headwinds, alongside investments yet to realise benefits, non-cash valuation adjustments and a more challenging comparison to FY25 1. Substantial regulatory change and sector disruption • Implementation of the Aged Care
Slide 14: FY26 results
FY26 results Adjusted EBITDA declined to $7.8m with a statutory loss after tax of $155.2m; MCI dividend determined FY26 FY25 Variance Key financial statistics1 $m $m $m Revenue and other income from continuing operations 2,244.0 2,210.5 33.5 Expenses from continuing operations, excluding finance co
Slide 15: Non-cash asset valuation adjustments
Non-cash asset valuation adjustments Material non-cash write-downs of $107.1m after tax were recognised in 2H FY2026, largely reflecting reassessments of earnings expectations and market conditions The most significant post-tax carrying value adjustments included: FY26 after-tax impact Rationale $m
Slide 16: Balance sheet and liquidity
Balance sheet and liquidity December 2026 maturity substantially pre-funded, with no material maturities until December 2028 • Completed a $200 million private placement in July 2026, 800 Funding maturity profile1 ($m) extending debt maturity and diversifying funding sources 700 • Series D Bonds due
Slide 17: Gearing
Gearing Gearing remains well below covenant limits, supported by balance sheet strength and available debt capacity Covenant gearing ratio • Bonds covenant gearing ratio at 30 June 2026 was 25.5%, 60.0% below covenant limit of 50.0% 50.0% 40.0% • Australian Unity MCIs contributes towards equity in t
Slide 18: FY26 impact report
FY26 impact report Contributed ~$9.3b in total value for members, customers and the broader community Total value created in FY26 • FY26 is the first year we have included direct customer and member value alongside our community and social value, providing a more complete picture of Australian Unity
Slide 19: Platform summaries
Platform summaries FY26 investor presentation 18
Slide 20: Home Health
Home Health The platform provides a range of in-home and mobile health services designed to meet the ongoing needs of our customers to support them to live independently and to age well at home Performance Platform Revenue ($m) • Revenue growth was primarily driven by the Plena Healthcare acquisitio
Slide 21: Insurances
Insurances The platform brings together Australian Unity’s private health insurance business and the distribution of general insurance products Performance Platform Revenue ($m) • Revenue increased modestly, supported by premium indexation, while earnings declined as claims cost growth, driven by pr
Slide 22: Residential Aged Care
Residential Aged Care The platform owns, operates and develops aged care facilities, delivering comprehensive 24/7 care and accommodation services across 12 facilities in New South Wales, Victoria and Queensland Performance Platform Revenue ($m) • Excluding one-off valuation gains of $18.3m in FY25,
Slide 23: Wealth & Capital Markets
Wealth & Capital Markets The platform comprises investment funds, investment bonds, retirement communities, social infrastructure and trustees businesses Performance Platform Revenue ($m) • Revenue declined, reflecting lower funds management fee income, and a valuation adjustment recognised 250.4 wi
Slide 24: Summary and outlook
Summary and outlook FY26 investor presentation 23
Slide 25: Summary and outlook
Summary and outlook FY26 was challenging but Australian Unity has a compelling opportunity ahead, supported by a clear pathway to delivery Opportunities Strong FY26 Performance for foundations impacted by FY26 in growth regulatory not improvement optimised within our markets changes control Clear De
Slide 26: Appendix
Appendix FY26 investor presentation 25
Slide 27: Terminology
Terminology • Adjusted EBITDA: In assessing the performance of its operating business • Continuing operations: Comparative information has been reclassified to segments, the Group uses a measure of adjusted earnings before interest, tax, reflect the impact of a discontinued operation. In November 20
Slide 28: Real Wellbeing
Australian» _ Real Wellbeing