Katana Capital Ltd. · ASX:KAT
Katana Capital — Shareholder Meeting (November 2025)
13 slides from Katana Capital's shareholder meeting presentation, Nov 12, 2025
Slide 1: AGM Presentation November 2025
Katana Capital Limited For personal use only ASX CODE KAT AGM PRESENTATION NOVEMBER 2025 www.katanaasset.com
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is provided to each recipient on the following For personal use only basis: a. this presentation has been produced by Katana Asset Management (KAM). This presentation does not purport to contain any information that the recipient may require
Slide 3: Overview
Overview For personal use only Fund Performance Katana Profile www.katanaasset.com 3
Slide 4: Fund Performance Summary
Fund Performance Summary FY25 Performance For personal use only • Gross Investment Return of 10.63% vs Benchmark (All Ords Index) 9.47% • Modest out-performance of 1.16% • 6th consecutive year of out performance (0.94% 2024 & 9.71% o in 2023) In Context – 20 Year Performance vs Benchmark • Outperfor
Slide 5: Annual Investment Returns
Fund Performance Annual Investment Returns For personal use only Out- Performance Since Inception 1. Inception date Katana Capital January 2006. Returns quoted are gross investment returns for the fund. 2. Past performance is not necessarily indicative of future performance. Source: Katana Asset Man
Slide 6: Fund Performance: Dividends
Fund Performance Dividends Dividend History For personal use only • Paid dividends every year since listing • Quarterly dividends provide regular cash flow to yield conscious investors • Dividend Reinvestment Plan - company purchases shares on market so no dilution Future Dividends • The company has
Slide 7: Investment Staff
Katana Profile Investment Staff For personal use only Manager – Skills and Experience • 4 investment professionals • Combined direct investment experience of >80 years • Across 3 stock market cycles • Professional Qualifications - economics, business, accounting, investment analysis • Diverse Backgr
Slide 8: Philosophy
Katana Profile Philosophy Think independently but act in unison with the market, by combining the best precepts of the For personal use only 5 key investment disciplines: 1. Value Investing 2. Fundamental Analysis 3. Growth Investing 4. Technical Analysis 5. Market Experience and Observation • Overr
Slide 9: Fund Parameters
Katana Profile Fund Parameters Portfolio Overview Portfolio Parameters For personal use only • Long only • 55-65 individual stock positions • Average position size 1%–5%, with a pre-disposition • ASX listed securities towards holding a greater number of smaller positions • Benchmark ‘Unaware’ – i.e.
Slide 10: Capital Preservation
Capital Preservation Lower Risk Profile No Gearing No debt For personal use only No Derivatives No options, warrants, futures contracts or other derivatives Highly diverse Portfolio 55-65 stocks, only 3 stocks have exceeded 5% weighting in 17 years High cash weighting 5-15% through the cycle High Qu
Slide 11: Rigorous Investment Profile
Katana Profile Rigorous Investment Profile Every investment submission must cover off on set criteria in 4 categories across 11 topics. For personal use only The total universe of assessable criteria is now in excess of 160 individual attributes. Total rating Comparison based on 160+ against differe
Slide 12: Typical portfolio – All-Opportunity
Katana Profile Typical portfolio – “All-Opportunity” Historical Characteristics: For personal use only ~ 5 of the top 10 portfolio holdings in ASX50 Top 10 Investments (KAT) Percentage of Portfolio Valuation as at 31/10/2025 2-3 of the top 10 portfolio holdings in ASX100 ELECTRO OPTIC SYSTEMS HOLDIN
Slide 13: Thank you
For personal use only If you would like more information Please email enquiries@katanaasset.com Thank you www.katanaasset.com