Reece Limited · ASX:REH
Reece — Shareholder Meeting (October 2026)
19 slides from Reece's shareholder meeting presentation, Oct 30, 2026
Slide 1: 2026 Annual General Meeting Addresses
For personal use only ASX Announcement 30 October 2026 2026 Annual General Meeting Addresses Attached for release are the 2026 AGM Chairman & CEO and Group President & MD addresses. For further information contact: Siobhan Weaver Reece Group E: [email protected] T: 0477 480 813 This announ
Slide 2: Chairman & CEO Address – Peter Wilson
Chairman & CEO Address – Peter Wilson Many of you will be familiar with Reece’s history, from humble beginnings in 1920 as a hardware For personal use only business. In 1969, my family became the majority shareholder in Reece. At the time, Reece had just two stores in Caulfield and Clayton. We saw r
Slide 3: Q1 Sales Update
capabilities through learning and development programs, and we developed digital initiatives to make it easier to do business with Reece. We also continued investing in our network to improve standards and For personal use only formats and opened a next generation bathroom showroom in ANZ, while con
Slide 4: Reece Group AGM October 2026
rsonal use only Reece Group AGM October 2026
Slide 5: Disclaimer
Disclaimer The material in this presentation has been prepared by Reece Limited (ABN 49 004 Non-IFRS Financial Information rsonal use only 313 133) (“Reece") (ASX:REH) and is general background information about Reece's activities current as at the date of this presentation, 30 October 2026. The Ree
Slide 6: Agenda
Agenda 01 02 03 04 rsonal use only Chairman & CEO Group president Resolutions Q&A address address Peter Wilson Sasha Nikolic Chairman & Group President CEO & MD 3 Full Year Results 2026 Reece. Works for you.
Slide 7: Chairman & CEO address
rsonal use only Chairman & CEO address Peter Wilson 7 Full Year Results 2026 Reece. Works for you.
Slide 8: A long-term growth story
rsonal use only A long-term growth story For 100 years our success has been built on the success of our customers. 8 Reece Group Strategy Reece. Works for you.
Slide 9: Reece Blueprint underpins everything we do
Reece Blueprint underpins everything we do rsonal use only Purpose Values 2030 vision Strategic priorities Customer Promise Building a better Create customers for life Be our trade’s most Operational Customised world for our Be your best valuable partner. excellence service customers by being By bei
Slide 10: Navigating the cycle
Navigating the cycle rsonal use only Deliver customer promise: 01 Grow through differentiated ‘Works for You’. proposition. 02 Long term approach, supported by ownership structure & balance sheet. 04 Invest & innovate through Maintain efficient business model the cycle. through the cycle. 03 10 AGM
Slide 11: FY26 overview
FY26 overview Remain focused delivering on delivering our 2030 strategy rsonal use only and long-term growth. $9.4b $534m 49.5c Sales revenue up 4.5% vs pcp EBIT down 2.6% vs pcp EPS up 0.7% vs pcp 11.9% 18.84c Return on capital up 5bps Total dividend, per share, vs pcp fully franked 11 AGM 2026 Ree
Slide 12: Our Board
Our Board rsonal use only Chairman & CEO Lead Independent Director Independent Director Peter Wilson Tim Ford Jacqueline Chow Independent Director Non-Executive Director Non-Executive Director Group President & MD Gavin Street Andrew Wilson Bruce C. Wilson Sasha Nikolic 12 AGM 2026 Reece. Works for
Slide 13: Group President & MD address
rsonal use only Group President & MD address Sasha Nikolic 13 Full Year Results 2026 Reece. Works for you.
Slide 14: FY26 result
FY26 result Solid ANZ as volumes recovered; softer US on weak residential construction rsonal use only $9.4b $901m $534m Sales revenue up 4.5% vs pcp EBITDA flat vs pcp EBIT down 2.6% vs pcp $4.2b $3.5b 1.0x EBITDA ANZ Revenue +8.3% US revenue +6.5% Net leverage ratio (Dec-25: 1.5x) 14 AGM 2026 Reec
Slide 15: 2030 Vision strategic priorities
• Customised service Operational • Executing the fundamentals of our business excellence • Leadership training and development 2030 rsonal use only Vision • Digitising the customer experience Breakthrough • Using data and AI to empower our people innovation to deliver Customised Service • Supply cha
Slide 16: Long-term strategy in the US
Long-term strategy Sales Revenue US$m in the US 4,000 3,500 rsonal use only 3,000 2,500 2,000 10% Building a network of scale 1,500 CAGR in the sunbelt 1,000 500 0 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Uplifting standards, range and customer experience 7% +121 Growing team capability and culture E
Slide 17: Q1 Update
Q1 Update rsonal use only Sales Revenue ($m) Sales growth of 4.3% (+8.7% constant currency) 210 2,617 2,510 2,407 (107) +8.7% +4.3% ANZ up 12.8% driven by continued momentum in volumes and mid single digit inflation US sales up 5.6% driven by network expansion and low single digit inflation. LFL sal
Slide 18: rsonal use only
Ajuo asn yeuosia
Slide 19: Appendix: Group definitions and non-IFRS measures
Appendix Group definitions and non-IFRS measures rsonal use only Adjusted EBITDA and Adjusted EBIT are non-IFRS financial measures used by Reece for internal management reporting purposes to Adjusted EBITDA / Adjusted EBIT assess underlying performance. Return on capital (ROC) Adjusted EBIT (12-mont