Delegat Group Limited · NZX:DGL
Delegat — Shareholder Meeting (December 2025)
25 slides from Delegat's shareholder meeting presentation, Dec 4, 2025
Slide 1: Annual Shareholders Meeting
ANNUAL SHAREHOLDERS MEETING 4 December 2025 1
Slide 2: How to Participate in Virtual/Hybrid Meetings (Q&A)
HOW TO PARTICIPATE IN VIRTUAL/HYBRID MEETINGS (Q&A) Shareholder & Proxyholder Q&A Participation Written Questions: Questions may be submitted ahead of the meeting. If you have a question to submit during the live meeting, please select the Q&A tab on the right half of your screen at anytime. Type yo
Slide 3: How to Participate in Virtual/Hybrid Meetings and Vote
HOW TO PARTICIPATE IN VIRTUAL/HYBRID MEETINGS AND VOTE Shareholder & Proxyholder Voting Once the voting has been opened, the resolutions and voting options will allow voting. To vote, simply click on the Vote tab, and select your voting direction from the options shown on the screen. Your vote has b
Slide 4: Welcome
WELCOME • Jim Delegat – Chair • Murray Annabell – Chief Executive Officer • Rose Delegat • Dr. Alan Jackson • Gordon MacLeod • Phillipa Muir • Doug McKay • Riki Maden – Chief Financial Officer 4
Slide 5: Agenda
AGENDA • Chair’s address • Chief Executive Officer’s address • Shareholder questions and discussion • Voting on resolutions of the meeting • General business 5
Slide 6: Chair's Address – Jim Delegat
CHAIR’S ADDRESS – JIM DELEGAT 6
Slide 7: Creditable FY25 Performance
CREDITABLE FY25 PERFORMANCE • Global Case Sales of 3,188,000 Down 426,000 on last year (-12%) • Revenue of $346.2 million Down $25.6 million on last year (-7%) • Operating EBITDA of $116.5 million Down $12.0 million on last year (-9%) • Operating NPAT of $51.1 million Down $8.6 million on last year
Slide 8: Chair's Address – Jim Delegat
CHAIR'S ADDRESS – JIM DELEGAT 8
Slide 9: Chief Executive Officer's Address – Murray Annabell
CHIEF EXECUTIVE OFFICER’S ADDRESS – MURRAY ANNABELL 9
Slide 10: A Long-Term Growth Story
A LONG-TERM GROWTH STORY Delegat Sales Volume by Region 3.68 M 3.61 M 3.36 M 3.28 M 3.18 M 0.69 M 3.19 M 0.71 M 3.01 M 0.69 M 2.74 M 0.74 M 0.62 M 2.66 M 0.67 M 0.78 M 2.41 M 2.21 M 0.80 M 1.24 M 1.18 M 9Lc (Millions) 0.79 M 1.06 M 0.70 M 1.07 M 1.01 M 1.10 M 0.67 M 0.90 M 0.69 M 0.74 M 0.69 M 0.65
Slide 11: Oyster Bay Is the Leading Premium Sauvignon Blanc Brand in the World
OYSTER BAY IS THE LEADING PREMIUM SAUVIGNON BLANC BRAND IN THE WORLD NUMBER ONE WINE IN AUSTRALIA 1 NUMBER ONE PREMIUM SAUVIGNON BLANC IN NEW ZEALAND 2 NUMBER TWO PREMIUM SAUVIGNON BLANC IN THE USA 3 NUMBER TWO PREMIUM SAUVIGNON BLANC IN CANADA 4 NUMBER TWO PREMIUM SAUVIGNON BLANC IN THE UK 5 EL Sou
Slide 12: Oyster Bay's Strength Extends to Other Varietals in Key Markets
OYSTER BAY'S STRENGTH EXTENDS TO OTHER VARIETALS IN KEY MARKETS Oyster Bay ranking within NZ Premium Wine category, by variety Sauvignon Blanc Chardonnay Pinot Gris/Grigio Merlot Pinot Noir US 2 1 1 1 1 Canada 2 1 1 1 1 UK 2 1 3 1 1 Ireland 1 1 2 1 1 Australia 1 1 2 1 3 Source: US Circana MAT 13.07.
Slide 13: North America Remains a Significant Growth Opportunity for NZ Wine and Oyster Bay
North America remains a significant growth opportunity for NZ Wine and Oyster Bay Oyster Bay buyers among Premium Wine Drinkers Population in millions (Legal Drinking Age+) US UK NZ Total Total Premium 49.9 11 4.3 3.8 0.9 0.6 72.7 Wine Drinkers Brand 13.7 5.7 1.9 2.2 0.5 0.4 25.1 Awareness Brand Buy
Slide 14: Oyster Bay Is the Fastest Selling Brand in US Retail
Oyster Bay is the fastest selling brand in US retail Units/store/week • Multi-varietal displays, leveraging off Oyster Bay Sauvignon Blanc 2.32 popularity 2.28 • Integrating campaigns with consumer marketing 1.82 program to lift awareness 1.65 & affinity 1.56 1.41 1.31 1.24 0.98 0.93 Oyster Kim Kend
Slide 15: 2025 Harvest Exceptional Quality
2025 HARVEST EXCEPTIONAL QUALITY • The 2025 harvest yielded exceptional quality fruit across all three of our wine regions. • The 2025 harvest yield of 47,461 tonnes was up 39% from last year's harvest. • Marlborough and Hawke’s Bay experienced warm weather over flowering and fruit set, which was fo
Slide 16: Investing for Growth – Capital Expenditure Update
INVESTING FOR GROWTH – CAPITAL EXPENDITURE UDPATE 16
Slide 17: A Focus on Sustainability and Climate Reporting
A FOCUS ON SUSTAINABILITY AND CLIMATE REPORTING 17
Slide 18: Delegat Great Wine People Remain at the Heart of the Company's Success
DELEGAT GREAT WINE PEOPLE REMAIN AT THE HEART OF THE COMPANY'S SUCCESS 18
Slide 19: Outlook
OUTLOOK FY26 Guidance FY27 and FY28 Case Sales Outlook • Global case sales of 3.3 million cases (up • The primary driver of planned growth is 3% on last year) Oyster Bay sales in North America. The Group will continue to invest strongly in • Operating Net Profit after Tax of $50.0 that market. milli
Slide 20: Chief Executive Officer's Address – Murray Annabell
CHIEF EXECUTIVE OFFICER’S ADDRESS – MURRAY ANNABELL 20
Slide 21: Agenda
AGENDA • Chair’s address • Managing Director’s address • Shareholder questions and discussion • Voting on resolutions of the meeting • General business 21
Slide 22: Agenda
AGENDA • Chair’s address • Chief Executive Officer’s address • Shareholder questions and discussion • Voting on resolutions of the meeting • General business 22
Slide 23: How to Participate in Virtual/Hybrid Meetings (Voting)
HOW TO PARTICIPATE IN VIRTUAL/HYBRID MEETINGS (VOTING) Shareholder & Proxyholder Voting Once the voting has been opened, the resolutions and voting options will allow voting. To vote, simply click on the Vote tab, and select your voting direction from the options shown on the screen. You can vote fo
Slide 24: Agenda
AGENDA • Chair’s address • Managing Director’s address • Shareholder questions and discussion • Voting on resolutions of the meeting • General business 24
Slide 25: Annual Meeting
ANNUAL MEETING 4 December 2025 25