Baby Bunting Group Ltd. · ASX:BBN
Baby Bunting — Shareholder Meeting (October 2025)
18 slides from Baby Bunting's shareholder meeting presentation, Oct 14, 2025
Slide 1: 2025 Annual General Meeting
a _— BabyBunting — | Delivering onstrategy,§ accelerating growth » 2025 Annual General Meeting Stephen Roche Chair, Non-Executive Director Mark Teperson Chief Executive Officer 14 October 2025
Slide 2: Important notice and disclaimer
Important notice and disclaimer This document is a presentation of general background information about the activities of Baby Bunting Group Limited (Baby Bunting) current at the date of the presentation (14 October 2025). The information contained in this presentation is for general background info
Slide 3: Chair Address, CEO Address, FY26 Trading Update and Outlook, Formal Business
1 Chair Address 2 CEO Address 3 FY26 Trading Update and Outlook 4 Formal Business
Slide 4: Stephen Roche
er _ Stephen Roche _ Chai, Non-Executive Director
Slide 5: Mark Teperson
Mark Teperson | Chief Executive Officer
Slide 6: Baby Bunting
BabyBunting The best To support & inspire start for confident parenting, the brightest \ fromnmewborn future to toddler
Slide 7: Results Summary
Results Summary FY25 Results Summary Record sales & gross margin delivering Pro Forma! NPAT growth of 228% Total Sales Store of the Future $521.9m growth? 2,8" vspcp up 4.7% vspep Maribyrnong & Preston (Vic), Gepps comp growth up 4.2% vs pep Cross (SA) exceeding expectations Pro Forma! NPAT EBITDA$
Slide 8: Store of the Future
Store of the Future Store of the Future New stores performing well above expectations, initially targeting +10% sales uplift, now targeting 15%-25% Maribyrnong Preston Closed 10 weeks! Closed 10 weeks’ Re-opened on 19 April Re-opened on 14 June up transactions & +4% basket 0 a o. 30:2. +29% increase
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Slide 11: Shareholder value multiplier
aD Shareholder value multiplier Market leader with #1 position in growing and resilient $6.3bn market ee « > °°} First 3 refurbished stores 30% FY26; currently 75 stores average sales growth year-to- FY26:5 large format stores FY25 gross margin: 40.2% date FY26:1H: 3 small format store Up 340 bps FY
Slide 12: Chief Executive Officer
Chief Executive Officer Mark Teperson
Slide 13: FY26 Trading Update
Trading Update BabyBunting FY26 Trading Update Asat 12 October 2025: @ Store of the Future refurbishments: 11-12 refurbishments in FY 26; with 6 to be completed in 1H + +3.5% total sales growth year-to-date . . . . Risks related to the refurbishments include duration of * +2.2% comparable store sale
Slide 14: FY26 Outlook
Outlook BabyBunting FY26 Outlook FY26 PF NPAT guidance of $17.0m to $20.0m maintained 1H of $4.5m to $5.5m, 2H $12.5m to $14.5m FY26 pro forma NPAT guidance maintained, expected to be in the range of FY26 pro forma NPAT guidance 1H / 2H split as follows: $17.0m to $20.0m, assuming: + 4H:pro forma NP
Slide 15: 2025 Annual General Meeting
2025 Annual General Meeting
Slide 16: Statutory to Pro Forma Income Statement Reconciliation
Appendix One BabyBunting Statutory to Pro Forma Income Statement Reconciliation FY25 FY24 Pro forma financial results have been calculated to ‘Add ‘Add exclude the following items (refer Directors’ Report Statutory Pro Forma Pro Forma Statutory ProForma Pro Forma dated 15 August 2025 for further det
Slide 17: Pro Forma Income Statement AASB Transition Impact
Appendix One BabyBunting Pro Forma Income Statement AASB 16 Transition Impact Reversal of Reversal of Al 16 Add Oper ProForma Deprec Qn Lease Pre-AASB16 FY24 — andinterest Expenses FY24 Sales 521.9 521.9 498.4 498.4 Cost of sales (312.3) (312.3) (314.7) (314.7) Gross Profit 209.7 209.7 183.7 183.7 O
Slide 18: Glossary
BabyBunting Glossary Comparable Store Sales Growth Calculated as a percentage change of the total sales generated from stores (including the online store) ina relevant period, compared to the total sales from the same set of opened stores in the prior financial year, provided the stores were open at
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