Perpetual Limited · ASX:PPT
Perpetual — Shareholder Meeting (October 2026)
65 slides from Perpetual's shareholder meeting presentation, Oct 29, 2026
Slide 1: 2026 Annual General Meeting ASX Announcement
ASX Announcement Perpetual Limited ABN 86 000 431 827 For personal use only Angel Place, Level 14, 123 Pitt Street Sydney NSW 2000 Australia +61 2 9229 9000 perpetual.com.au 29 October 2026 2026 Annual General Meeting Perpetual Limited (ASX:PPT) will address shareholders today at its Annual General
Slide 2: 2026 Annual General Meeting Addresses and presentation
2026 Annual General Meeting For personal use only Addresses and presentation 29 October 2026 Perpetual Limited ABN 86 000 431 827 Perpetual Limited ABN 86 000 431 827
Slide 3: Chair's Address
Perpetual Limited - Annual General Meeting 29 October 2026 For personal use only Chair's Address Presented by Gregory Cooper Good morning, everyone, and thank you for joining us for Perpetual's 2026 Annual General Meeting. FY26 was a year of significant change for Perpetual. The decisions taken duri
Slide 4: Chair's Address: Financial results and dividends
Statutory net profit after tax was $88.9 million, compared with a statutory loss of $(58.2) million in FY252. For personal use only The Board declared a final dividend of 63 cents per share, unfranked, bringing total dividends for FY26 to $1.22 per share, an increase of 6% on the prior year. This re
Slide 5: Chair's Address: Wealth Management sale
Under the agreement, and subject to completion of the sale, Perpetual will receive an upfront cash payment of $500 million at completion, subject to customary adjustments3. For personal use only Incremental performance related to the advice business could deliver additional consideration of up to $5
Slide 6: EQT proposals
EQT proposals As disclosed in ASX announcements, on 1 July 2026 Perpetual received For personal use only an unsolicited, non-binding proposal from Windflower Pte. Limited, an entity Perpetual understands is indirectly controlled by EQT, to acquire all of the shares in Perpetual. Following a period o
Slide 7: Strategic priorities and Simplification Program
Strategic priorities and Simplification Program Against that backdrop, our focus remains on the matters within our For personal use only control: • disciplined cost management • client engagement • product development • investment performance, and • targeted growth initiatives. Subject to the satisf
Slide 8: Sustainability and Board retirement
Sustainability During the year, we also launched a refreshed sustainability strategy For personal use only focused on People, Environment and Communities. The strategy concentrates our efforts on the areas most closely aligned with our business and stakeholders, and supports our commitment to acting
Slide 9: Closing remarks
I thank our shareholders for your continued support and engagement, and our people for their resilience, dedication and commitment to clients during a period of significant change. For personal use only The decisions taken this year have established a clear direction for Perpetual. The task now is e
Slide 10: CEO Address
Perpetual Limited - Annual General Meeting 29 October 2026 CEO Address For personal use only Presented by Bernard Reilly Thank you, Greg. Good morning everyone and thank you for joining us today. Before I spend time talking through the progress the business has made over the past 12 months, I want t
Slide 11: Simplification Program progress
remained focused on working through the complexities of that process. We now have greater clarity and a clear pathway forward. For personal use only Moving now to our Simplification Program, which continues to deliver tangible results. As at the end of FY26, annualised savings were $72.6 million, ah
Slide 12: Overview of FY26 and September quarter business update
fewer franking credits, which reduces the level of sustainable franking on our dividends. For personal use only The work undertaken over the past year has put Perpetual in a stronger financial position. This gives us greater flexibility to invest in a disciplined way in areas where we have scale and
Slide 13: Segment performance
US, and our Australian boutiques - Perpetual and Pendal - partially offset by net outflows of $25.1 billion. For personal use only We recognise that flows remain challenging across the business, and the active asset management industry more generally, but our focus remains on the areas within our co
Slide 14: Funds and investment performance
$212 billion. In Wealth Management, Funds Under Advice remained stable at $22.1 billion. For personal use only Flows and investment performance in parts of Asset Management have been disappointing. These outcomes reflect a combination of industry-wide pressures, client portfolio decisions and perfor
Slide 15: Asset Management and Corporate Trust strengths
The two businesses bring different but complementary strengths. Asset Management provides exposure to global investment markets through a broad range of differentiated capabilities, with earnings influenced by For personal use only markets, investment performance and client flows. Corporate Trust pr
Slide 16: Corporate Trust investment and Interfi
strong technology and data foundation, and we continue to invest selectively in capabilities that strengthen our client offering. For personal use only As securitisation, lending and broader capital markets grow and evolve, we see opportunities to combine our established fiduciary, administration an
Slide 17: FY27 key priorities
Looking ahead, our priorities for FY27 are clear. FY27 key priorities For personal use only The focus is on execution of our strategy. First, we remain committed to completing the sale of Wealth Management, and following completion, further strengthening the balance sheet to increase our financial f
Slide 18: CEO closing remarks
I want to thank our people across the Group for their continued dedication through a period of considerable change, and our shareholders for your ongoing support. For personal use only We remain confident in our direction and in our ability to execute our strategy as we build a simpler, stronger and
Slide 19: Chair of People and Remuneration Committee's Address
Perpetual Limited - Annual General Meeting 29 October 2026 Chair of People and Remuneration Committee’s Address For personal use only Presented by Fiona Trafford-Walker Hi everyone I will now address Resolution 3, the recommendation to adopt the Remuneration Report for the financial year ended 30 Ju
Slide 20: FY26 remuneration outcomes
Importantly, it is designed to maintain alignment between executive outcomes and total shareholder returns over time. For personal use only FY26 Outcomes In FY26, under Chief Executive Officer Bernard Reilly, the Group continued to make significant progress against strategic priorities in the busine
Slide 21: Business performance and CEO incentive outcome
Across the three businesses, financial performance was mixed. Corporate Trust continued to perform strongly and Asset Management exceeded its profitability target despite ongoing industry headwinds and For personal use only outflows. Wealth Management faced more challenging conditions, reflecting un
Slide 22: Shareholder feedback and remuneration alignment
That feedback identified several areas for ongoing consideration, including the contribution of statutory NPAT to Short Term Incentive outcomes, the impact of Significant Items on financial results, incentive For personal use only outcomes for certain executives, and aspects of the design of our lon
Slide 23: Thank you
Thank you And now, the thank yous. For personal use only I want to sincerely thank our shareholders for their feedback and support over what has been a transformational year for Perpetual. Your feedback is important to the Board and will continue to inform our approach. I believe that I have given y
Slide 24: Perpetual Limited 2026 Annual General Meeting
Perpetual Limited (ASX:PPT) 2026 Annual General Meeting rsonal use only Thursday 29 October 2026
Slide 25: Disclaimer
Disclaimer This presentation is in summary form and is not necessarily complete. It should be read together with Perpetual Limited’s (Perpetual) consolidated financial statements and other announcements lodged with the Australian Securities Exchange (ASX), which are available at www.asx.com.au. The
Slide 26: Mr Greg Cooper, Chair
Mr Greg Cooper rsonal use only Chair
Slide 27: Karen Hopkins, KPMG
rsonal use only Karen Hopkins Global Lead Partner KPMG © 2026 Perpetual Limited. All Rights Reserved. 4
Slide 28: Today's Agenda
Today’s Agenda rsonal use only Presentation of FY26 Financial Statements and Reports Resolution 1: Re-appointment of Board endorsed candidate Ms Fiona Trafford-Walker as a Non-executive Director Resolution 2a and 2b: Approval of the FY26 variable incentive equity grants to the CEO and Managing Direc
Slide 29: Mr Greg Cooper, Chair
Mr Greg Cooper rsonal use only Chair
Slide 30: Voting is now open
rsonal use only Voting is now open Voting will close five minutes after close of meeting © 2026 Perpetual Limited. All Rights Reserved. 7
Slide 31: How to vote online
How to vote online Click ‘Get a Voting Card’ Enter your SRN/HIN or Fill out your voting card 1 (top and bottom of platform) 2 Proxy Number and Postcode 3 for each item of business rsonal use only Click ‘Submit Detail and Vote’ Click ‘Submit Vote’ Get a Voting Card Need help? Call 1800 990 363 © 2026
Slide 32: Asking a question online or by phone
Asking a question online Asking a question by phone Only Shareholders and Proxyholders Mute your webcast. Click on 'Ask a Question' rsonal use only are able to ask questions and then 'Go to Web Phone' ? Ask a Question A pop up box will appear with a microphone 1 Click on ‘Ask a Question’ test. Selec
Slide 33: Chair's address
Mr Greg Cooper rsonal use only Chair’s address
Slide 34: CEO's address
Mr Bernard Reilly rsonal use only CEO’s address
Slide 35: Group strategy
Group strategy rsonal use only Our goal is for Perpetual to be a strong financial services group, with differentiated businesses, that operate with discipline, to deliver improved returns for our shareholders over time Simplify Deliver operational excellence Invest for growth Simplify the Group and
Slide 36: Delivering on our priorities
Delivering on our priorities rsonal use only Sale of Wealth Simplification Gross debt2 Dividends (cps) and Management program payout ratio (%) 70% 70% $72.6 60% 60% Sale of Wealth Management expected to complete in this quarter1 million 15% 61 1H25 54 2H25 59 1H26 63 2H26 Dividends (cps) Payout rati
Slide 37: Overview of FY26 and September quarter business update
Overview of FY26 and September quarter business update Underlying profit after tax1 Operating revenue1 Underlying earnings per share1,2 Dividends1,3 rsonal use only $217.0m 6% $1,374.2m 0% 186.0cps 3% 122.0cps 6% Asset Management1 Corporate Trust1 Wealth Management1 September quarter business update
Slide 38: Building a simpler, stronger and more focused Perpetual
Building a simpler, stronger and more focused Perpetual rsonal use only Complementary earnings Diversified exposure Avenues for growth • Asset Management offers greater • Across key markets including • Product innovation to support Asset upside from stronger equity markets Australia, Asia, UK, Europ
Slide 39: FY27 key priorities
FY27 key priorities rsonal use only Complete the sale Deliver cost Retain market Targeted product Invest in of Wealth reduction position in Corporate innovation and technology and Management, commitments and Trust and invest in selective investment productivity further deleverage continue building a
Slide 40: Mr Greg Cooper, Chair
Mr Greg Cooper rsonal use only Chair
Slide 41: Financial statements and reports for FY ended 30 June 2026
Financial statements and reports for the Financial Year ended 30 June 2026 rsonal use only
Slide 42: Asking a question online or by phone
Asking a question online Asking a question by phone Only Shareholders and Proxyholders Mute your webcast. Click on 'Ask a Question' rsonal use only are able to ask questions and then 'Go to Web Phone' ? Ask a Question A pop up box will appear with a microphone 1 Click on ‘Ask a Question’ test. Selec
Slide 43: Mr Greg Cooper, Chair
Mr Greg Cooper rsonal use only Chair
Slide 44: Resolution 1: Re-appointment of Ms Fiona Trafford-Walker
Resolution 1: Re-appointment of Ms Fiona Trafford-Walker rsonal use only That Ms Fiona Trafford-Walker be re-appointed as a Director of the Company 21
Slide 45: Ms Fiona Trafford-Walker
Ms Fiona Trafford-Walker rsonal use only Chair of People and Remuneration Committee
Slide 46: Mr Greg Cooper, Chair
Mr Greg Cooper rsonal use only Chair
Slide 47: Resolution 1: Proxy results
Resolution 1: Re-appointment of Ms Fiona Trafford-Walker rsonal use only Valid proxies received For 61,126,129 Open 560,398 Against 1,858,826 Abstain 121,500 % cast FOR the Resolution 96.19% % cast AGAINST the resolution 2.93% © 2026 Perpetual Limited. All Rights Reserved. 24
Slide 48: How to vote online
How to vote online Click ‘Get a Voting Card’ Enter your SRN/HIN or Fill out your voting card 1 (top and bottom of platform) 2 Proxy Number and Postcode 3 for each item of business rsonal use only Click ‘Submit Detail and Vote’ Click ‘Submit Vote’ Get a Voting Card Need help? Call 1800 990 363 © 2026
Slide 49: Mr Greg Cooper, Chair
Mr Greg Cooper rsonal use only Chair
Slide 50: Resolution 2a: Grant of Share Rights
Resolution 2a: Approval of the FY26 variable incentive equity grants to the CEO and Managing Director – Grant of Share Rights That approval is given for all purposes, including ASX Listing Rule 10.14, for the issue of share rights to rsonal use only Mr Bernard Reilly as part of his variable incentiv
Slide 51: Resolution 2a: Proxy results
Resolution 2a: Approval of the FY26 variable incentive equity grants to the CEO and Managing Director – Grant of Share Rights rsonal use only Valid proxies received For 60,371,665 Open 563,376 Against 2,683,844 Abstain 56,129 % cast FOR the Resolution 94.90% % cast AGAINST the resolution 4.22% © 202
Slide 52: How to vote online
How to vote online Click ‘Get a Voting Card’ Enter your SRN/HIN or Fill out your voting card 1 (top and bottom of platform) 2 Proxy Number and Postcode 3 for each item of business rsonal use only Click ‘Submit Detail and Vote’ Click ‘Submit Vote’ Get a Voting Card Need help? Call 1800 990 363 © 2026
Slide 53: Mr Greg Cooper, Chair
Mr Greg Cooper rsonal use only Chair
Slide 54: Resolution 2b: Grant of Performance Rights
Resolution 2b: Approval of the FY26 variable incentive equity grants to the CEO and Managing Director – Grant of Performance Rights rsonal use only That approval is given for all purposes, including ASX Listing Rule 10.14, for the issue of performance rights to Mr Bernard Reilly as part of his varia
Slide 55: Resolution 2b: Proxy results
Resolution 2b: Approval of the FY26 variable incentive equity grants to the CEO and Managing Director – Grant of Performance Rights rsonal use only Valid proxies received For 60,812,185 Open 556,391 Against 2,249,852 Abstain 56,591 % cast FOR the Resolution 95.59% % cast AGAINST the resolution 3.54%
Slide 56: How to vote online
How to vote online Click ‘Get a Voting Card’ Enter your SRN/HIN or Fill out your voting card 1 (top and bottom of platform) 2 Proxy Number and Postcode 3 for each item of business rsonal use only Click ‘Submit Detail and Vote’ Click ‘Submit Vote’ Get a Voting Card Need help? Call 1800 990 363 © 2026
Slide 57: Mr Greg Cooper, Chair
Mr Greg Cooper rsonal use only Chair
Slide 58: Resolution 3: Remuneration Report
Resolution 3: Remuneration Report rsonal use only To adopt the Remuneration Report for the financial year ended 30 June 2026. Voting exclusion for resolution 3: The Company will disregard any votes cast on resolution 3: • by or on behalf of a member of the Company’s KMP whose remuneration is disclos
Slide 59: Ms Fiona Trafford-Walker
Ms Fiona Trafford-Walker rsonal use only Chair, People and Remuneration Committee
Slide 60: Mr Greg Cooper, Chair
Mr Greg Cooper rsonal use only Chair
Slide 61: Resolution 3: Proxy results
Resolution 3: Remuneration Report rsonal use only Valid proxies received For 59,913,029 Open 563,825 Against 3,053,245 Abstain 103,475 % cast FOR the Resolution 94.31% % cast AGAINST the resolution 4.81% © 2026 Perpetual Limited. All Rights Reserved. 38
Slide 62: How to vote online
How to vote online Click ‘Get a Voting Card’ Enter your SRN/HIN or Fill out your voting card 1 (top and bottom of platform) 2 Proxy Number and Postcode 3 for each item of business rsonal use only Click ‘Submit Detail and Vote’ Click ‘Submit Vote’ Get a Voting Card Need help? Call 1800 990 363 © 2026
Slide 63: Mr Greg Cooper, Chair
Mr Greg Cooper rsonal use only Chair
Slide 64: Questions
Questions ersonal use only Perpetual GROUP
Slide 65: Thank you
Thank you ersonal use only Perpetual GROUP