2025 Full Year Results Market Announcement

• Operating Costs of $187m, down 4%, excluding reinvestments down 12%. • Underlying EBITDA from continuing operations $47.5m, down 23%. • Cost reductions of $24 million realised in FY25, adding to the $6.5 million realised in FY24, a total of $31m since 2020 released. A further $24m identified for a total of $55 million by FY27. • Free cash generated of $40m, up 6% driven by working capital initia