Slide 1: Investor Presentation - Full year ended 30 June 2025
AJPark A= GRIFFITH—HACK =-PIZZEYS ROBIC iph® SMART: BIGGAR SPRUSON& RK "FERGUSON Investor Presentat on . Fi Full year ended 30 June 2025» = _ : fa i. i a a ee _,* Ve 21 August 2025 = i Presented by: —_ Dr. Andrew Blattman | Managing Directo: Brendan York | Chief Financial Officer, II iphlitd.com.au
Slide 2: Disclaimer
2025 Full Year Results Investor Presentation iphltd.com.au 2 Disclaimer Disclaimer This document has been prepared by IPH Limited (IPH) and comprises written materials/slides for a presentation concerning IPH. This presentation is for information purposes only and does not constitute or form part of
Slide 3: Agenda
iphltd.com.au 01 FY25 Highlights 5 02 FY25 Financial Results 9 03 Segments Update 16 04 Strategy Update 21 05 Summary & Priorities 24 06 Appendix 28
Slide 4: IPH at a glance
1) Management estimated market share based on local IP office filing data: Australia (FY25 YTD as at 30/06/25), Singapore (FY25 YTD Apr as at 30/06/25), New Zealand (FY25 YTD as at 30/06/25), Canada (CY22 and CY23 YTD Mar, latest data as at 16/1/24). 2) Approximate employee numbers across the Group.
Slide 5: FY25 Highlights
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Segments Update Strategy Update Summary & Priorities Appendix iphltd.com.au 5
Slide 6: Increased earnings and dividends in FY25
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities App endix iphltd.com.au 6 Increased earnings and dividends in FY25 Acquisitions in Canada drive improved financial performance Underlying EBITDA1 Underlying NP
Slide 7: Strengthening our competitive platform
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities App endix iphltd.com.au 7 Strengthening our competitive platform Driving operational efficiencies to leverage scale and capabilities across IPH Emerging signs
Slide 8: 5-year financial performance
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities App endix iphltd.com.au 8 5-year financial performance Revenue $’m Underlying EBITDA $’m1 CAGR 4 Yr = 18% CAGR 4 Yr = 14% 710.3 207.2 195.5 609.9 293.3 170.0 7
Slide 9: FY25 Financial Results
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Result s Seg me nts Update Strategy Update Summary & Prio ritie s App endix iphltd.com.au 9
Slide 10: Key financial metrics
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Result s Seg me nts Update Strategy Update Summary & Prio ritie s App endix iphltd.com.au 10 Key financial metrics Revenue1 Underlying Basic EPSA4 $710.3m 16% 45.3cps (2%) Statutory Basic EPS 3% Underlying EBITDA 2 $207.2m 6
Slide 11: Financial performance
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Result s Seg me nts Up date Strategy Upd ate Summary & Priorities App endix iphltd.com.au 11 Financial performance $’m FY25 FY24 Movement The revenue increase of 16.5% was largely Underlying EBITDA margin down 2.9pp Total re
Slide 12: Balance sheet
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Result s Seg me nts Up date Strategy Upd ate Summary & Priorities App endix iphltd.com.au 12 Balance sheet #039;m 30 Jun 25 30 Jun 24 Trade and other receivables increased $16.7m against the prior year, however Cash and cash eq
Slide 13: Cashflow and working capital
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Result s Seg me nts Up date Strategy Upd ate Summary & Priorities App endix iphltd.com.au 13 Cashflow and working capital #039;m FY25 FY24 Underlying EBITDA 207.2 195.5 Less: Non-underlying adjustments (20.8) (19.8) Continued s
Slide 14: Capital Management
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Result s Seg me nts Up date Strategy Upd ate Summary & Priorities App endix iphltd.com.au 14 Capital Management 30 Jun 25 31 Dec 24 30 Jun 24 $’m $’m $’m Debt down $20.1m, 5% from 30 June 2024 Debt 415.3 400.2 435.4 Total fi
Slide 15: Segment like for like financial performance
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Result s Seg me nts Up date Strategy Upd ate Summary & Priorities App endix iphltd.com.au 15 Segment like for like financial performance ANZ Asia Canada Group Revenue1 1.1% (0.6%) (1.3%) (0.2%) Underlying EBITDA (2.4%) (1.7%
Slide 16: Segments Update
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Segme nts Updat e Strategy Upd ate Summary & Priorities App endix iphltd.com.au 16
Slide 17: ANZ
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Segme nts Updat e Strategy Upd ate Summary & Priorities App endix iphltd.com.au 17 ANZ % Change Financial Metrics FY25 FY24 % Change Like-for-like1 Market commentary: Revenue 310.6 304.4 2.0% 1.1% The Australian pate
Slide 18: Asia
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Segme nts Updat e Strategy Upd ate Summary & Priorities App endix iphltd.com.au 18 Asia Financial Metrics FY25 FY24 % Change % Change Like-for-like1 Market commentary: Revenue 120.7 121.4 (0.6%) (0.6%) IPH increased
Slide 19: Canada
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Segme nts Updat e Strategy Upd ate Summary & Priorities App endix iphltd.com.au 19 Canada % Change Financial Metrics FY25 FY24 % Change Like-for-like1 Market commentary: Revenue 293.3 196.5 49.3% (1.3%) Smart & Bigga
Slide 20: Recovery from CIPO delays in FY26
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Segme nts Updat e Strategy Upd ate Summary & Priorities App endix iphltd.com.au 20 Recovery from CIPO delays in FY26 Service improving, but normalisation expected in 2026 CIPO service levels continue to improve, with
Slide 21: Strategy Update
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Segments Update Strategy Update Summary & Priorities Appendix iphltd.com.au 21
Slide 22: Strategic Overview
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Segments Update Strategy Update Summary & Priorities Appendix iphltd.com.au 22 Strategic Overview Strengthening our Global IP Platform for Sustainable Growth Growth and Strategic Evolution Empowering our member firms
Slide 23: Our commitment to sustainability in FY25
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Segments Update Strategy Update Summary & Priorities Appendix iphltd.com.au 23 Our commitment to sustainability in FY25 Embedding sustainability in how we operate Governance, Privacy & Data Security Impact & Innov
Slide 24: Summary & Priorities
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summ ary & Priorities App endix iphltd.com.au 24
Slide 25: Priorities for FY26
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summ ary & Priorities App endix iphltd.com.au 25 Priorities for FY26 Leverage scale platform in Canada and anticipated Develop a group wide transformation program to revenue recove
Slide 26: FY25 Highlights FY25 Financial Results Seg me nts Up date
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities App endix iphltd.com.au 26
Slide 27: FY25 Highlights FY25 Financial Results Seg me nts Up date
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities App endix iphltd.com.au 27
Slide 28: Appendix
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities Appendix iphltd.com.au 28
Slide 29: Foreign currency sensitivity
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities Appendix iphltd.com.au 29 Foreign currency sensitivity Earnings currency sensitivity Based on the USD Profile in FY25 in the IPH Group, a 1c movement in the AU
Slide 30: Like-for-Like Revenue and Underlying EBITDA
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities Appendix iphltd.com.au 30 Like-for-Like Revenue and Underlying EBITDA Accounting FX Constant currency Adjusted Underlying Revenue FY25 New Businesses 2 Change
Slide 31: Reconciliation of Statutory NPAT to Underlying NPATA
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities Appendix iphltd.com.au 31 Reconciliation of Statutory NPAT to Underlying NPATA #039;m FY25 FY24 Business acquisition costs relate to the acquisition of Statutory
Slide 32: Diverse earnings base
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities Appendix iphltd.com.au 32 Diverse earnings base Market leading presence across key secondary IP markets FY25 Revenue by service line 1 Patent filings by region
Slide 33: Patent market – Australia
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities Appendix iphltd.com.au 33 Patent market – Australia 40,000 37,085 Australian patent filings IPH Group market share2 35,869 35,568 – market1 35,078 34,949 IPH f
Slide 34: Patent market – Singapore
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities Appendix iphltd.com.au 34 Patent market – Singapore Singapore patent filings – market1 IPH Group market share2 Latest data for FY25 to Apr indicates a Singapor
Slide 35: IPH patent filings – Asia
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities Appendix iphltd.com.au 35 IPH patent filings – Asia1 The overall Asian IPH patent filings (including Singapore) grew by 16.5% as compared to FY24, driven by st
Slide 36: US PCT applications
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities Appendix iphltd.com.au 36 US PCT applications CAGR 10 Yr (CY15 to CY24) = -1.1% PCT applications from the US – 70000 % change on PY (last 6 months)2 1.0% 60000
Slide 37: PCT filings
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities Appendix iphltd.com.au 37 PCT filings CAGR 10 Yr (CY15 to CY24) = 8.9% CAGR 10 Yr (CY15 to CY24) = 0.9% China PCT Applications 1 Japan PCT Applications 80,000
Slide 38: Patent lifecycle
2025 Full Year Results Investor Presentation FY25 Highlights FY25 Financial Results Seg me nts Up date Strategy Upd ate Summary & Priorities Appendix iphltd.com.au 38 Patent lifecycle Long-life cycle supports consistent revenues and earnings Each year more than half + of the total patent application
Slide 39: IPH Limited
AJPark We GRIFFITH-HACK RIZAEYS iph® SPRUSON& FERGUSON IPH Limited Level 22, Tower 2, Darling Park 201 Sussex Street ‘Sydney, NSW 2000, Australia T +612 9393 0301 F +612 92615486 Einfo@iphitd.comau iphitd.com.au