Slide 1: Results Presentation
resentation Results Presentation 26 August 2026 Disclaimer: This document is for general use. Modification of content is prohibited unless you have Netwealth’s express prior written consent.
Slide 2: Important notice and disclaimer
Important notice and disclaimer General Information only forecast result will be achieved, or that there is a reasonable basis for any of these statements or forecasts. Forward -looking statements speak only as at the date of this presentation and to the Information provided is general information p
Slide 3: Our purpose is to enable people to see wealth differently
Our purpose is to enable people to see wealth differently and discover a brighter future
Slide 4: Today's presenters and agenda
Today’s presenters Today’s presenters Today’s agenda Matt Heine Hayden Stockdale CEO & Managing Chief Financial 01. FY26 business and financial highlights Director Officer 02. Product update 03. Strategy and Dx30 04. Corporate sustainability 05. FY26 financial performance 06. Outlook & Questions 07.
Slide 5: Acknowledgement of Country
Acknowledgement of Country We acknowledge the Traditional Owners of the lands on which we work and live. Our offices are located on the lands of the Traditional Owners of the Wurundjeri Woi-wurrung people of the Kulin Nation in Melbourne, the Turrbal and Jagera peoples in Brisbane, the Gadigal peopl
Slide 6: FY26 Business & financial highlights
FY26 Business & financial highlights 01
Slide 7: FY26 Highlights
FY26 Highlights FY26 Highlights Strong growth across key metrics including FUA, inflows, income, and Adjusted EBITDA. 1 FY 26 Change % Change FUA net flows (ex pensions) $16.9B +$0.0B +0.0% FUA net flows $15.4B ($0.3B) (2.0%) FUA $135.7B +$22.9B +20.3% Total income $391.1M +$66.7M +20.6% Adjusted EB
Slide 8: Consistent growth and operational leverage
Consistent growth and operational leverage Delivered strong revenue growth and conversion of FUA to EBITDA Consistent growth and operational leverage Delivered strong revenue growth and conversion of FUA to EBITDA Total Income FUA growth Adjusted EBITDA Adjusted EBITDA growth margin 1 growth 1 FY26
Slide 9: Momentum maintained within the platform sector
Momentum maintained within the platform sector Market share increased by 11.2% (98 bps) to 9.7%. Legacy platforms share was 53.7%, down from 54.9% over the last 12 months Platform providers net funds flows 12 months to March 2026 Platform providers by FUA and market share % at 31 March 2026 and mark
Slide 10: Product update
Product update Product update 02
Slide 11: Differentiated solutions are creating new opportunities
Differentiated solutions are creating new opportunities Focus on operational & service excellence Clearly differentiate product and services through high -value capabilities Accelerate capacity to compete Accelerate share in affluent Accelerate share of private wealth and scale advice & stockbroking
Slide 12: Investing in capability, scalability and client experience
Investing in capability, scalability and client experience Disciplined investment in platform functionality, core infrastructure, scalability, new capability and user experience 12 | NWL Results Presentation FY26 26 August 2026
Slide 13: Strong and diverse organic growth
Strong and diverse organic growth Investment in product, technology and distribution has driven expansion in key client segments Expansion of high -value customer FUA by client type Growth in Retail Wrap segments HNW UHNW, Family Office Institutional Investment Retail Investment Wholesale Super $112
Slide 14: Improving revenue diversification
Improving revenue diversification Non-admin revenue streams continue to grow, reducing reliance on tiered fee structure Improving revenue diversification Non -admin revenue streams continue to grow, reducing reliance on tiered fee structure FUM: Managed Account & Managed Funds Trading value: domesti
Slide 15: Our competitive position continues to strengthen
Our competitive position continues to strengthen Our competitive position continues to strengthen Netwealth continues to capture a higher share of flows from its primary users than the market average, with 78% of these new flows directed to Netwealth 100% 6% 6% 7% 7% 5% 90% Third or lower platform 1
Slide 16: Strategy & Dx30
Strategy & Dx30 03
Slide 17: Our market opportunity is large and expanding
Our market opportunity is large and expanding Our market opportunity is large and expanding With approximately 2% market share, there is significant opportunity to grow across all key segments Legend NWL Others ■ Where we compete today Platform market $135B $1,150B ■ Future addressable opportunity S
Slide 18: Pathway to Dx30
Pathway to Dx30 Pathway to Dx30 The strength of our platform and expanding opportunity set gives us confidence in our Dx30 ambition Expectations continue to increase Actual (FY22-FY26) Ambition (FY27-FY30) • Adviser / client experience • Service outcomes • Process simplification • Governance excell
Slide 19: Building a connected advice environment, designed to scale
Building a connected advice environment, designed to scale One integrated platform, unified by data, that turns our expanded opportunity into Dx30 delivery Licensee Adviser Platform Client Portal Advice Tools Solutions Powerful technology for A modern digital Tools that help advisers Visibility and
Slide 20: Leveraging AI to enhance growth, productivity and scale
Leveraging AI to enhance growth, productivity and scale Netwealth's proprietary platform, connected data and regulated operating environment enable the responsible application of AI across our business and platform. Growth Productivity Scale • Enhancing adviser and client experiences • Automating se
Slide 21: Corporate Sustainability
Corporate Sustainability 04
Slide 22: Corporate sustainability
Corporate sustainability We focus on four pillars to deliver sustainability for our stakeholders – our core business, our people, strong governance, and positive impact Enhance our core business Foster diversity, talent and wellbeing Operational excellence Culture and values Accelerating our capacit
Slide 23: FY26 Financial performance
FY26 Financial performance 05
Slide 24: Business drivers demonstrate ongoing momentum
Business drivers demonstrate ongoing momentum Business drivers demonstrate ongoing momentum Record revenue driven by record levels of all key business driver metrics Key operating metrics at record levels in FY26 Strong business activity underpins FUA +20.6% +20.3% +27.9% +13.7% +20.9% +12.4% +5.9%
Slide 25: Record gross inflows over the year, net flows resilient
Record gross inflows over the year, net flows resilient Record gross inflows over the year, net flows resilient Gross inflows supported by account and adviser growth, net flows from new advisers growing Custodial gross & net flows by quarter FUA net flows by cohort year Gross inflows increased 12.6
Slide 26: Platform Revenue is diversified in its nature and sources
Platform Revenue is diversified in its nature and sources Platform Revenue is diversified in its nature and sources Revenue diversification broadening across fee source Platform Revenue split FY24 to FY26 Non -administration fees represents 61% of platform revenue in FY26, up from 59% in the prior
Slide 27: Revenue driver trends demonstrate underlying momentum
Revenue driver trends demonstrate underlying momentum Revenue driver trends demonstrate underlying momentum Customer growth, growing account balances and diversified revenue underpins earnings growth Average no. of accounts (000’s) Average FUA per account (#039;000) 726 172 662 152 134 583 121 521 107
Slide 28: Using scale and efficiency to fund growth
Using scale and efficiency to fund growth Operating leverage deliberately reinvested into governance, technology and growth opportunities Sources and uses of operating leverage (combined FY25 + FY26) 1 Movement in Adjusted EBITDA margin (bps of revenue) Operating leverage funding strategic investmen
Slide 29: Delivering strong returns
Delivering strong returns Delivering strong returns Strong earnings and cash generation support shareholder returns Increase in Adjusted EBITDA, operating cash flow, earnings per share 1 and Rule of 40 Adjusted EBITDA growth up 18.0% +18.0% +16.1% +16.0% • Reflective of revenue growth, strong margi
Slide 30: Strong revenue delivering attractive growth
Strong revenue delivering attractive growth Strong revenue delivering attractive growth High quality growth Financials FY26 FY25 Change % Change Platform Revenue 382.9 316.4 66.5 21.0% • Revenue growth reflects increasing scale, client activity and a broader mix of revenue sources. Other Income 8.2
Slide 31: Strong business drivers demonstrating sustained momentum
Strong business drivers demonstrating sustained momentum Strong business drivers demonstrating sustained momentum Strong platform momentum Platform statistics FY26 FY25 Change % Change Funds Under Administration (FUA) • Platform growth continued to be supported by FUA - Custodial 134,316 111,872 22
Slide 32: Strong FY26 provides momentum for growth
Strong FY26 provides momentum for growth Strong momentum High quality revenue Attractive operating leverage • Income growth of 20.6% • Adjusted EBITDA growing with • Total FUA growth of +20.3% • Diversification expanding operating leverage reinvested • Record FUA custodial inflows • Reduced reliance
Slide 33: Outlook
Outlook 06
Slide 34: Outlook
Outlook Outlook Structural growth tailwinds and successful execution support confidence in continued growth Netwealth is experiencing strong growth momentum supported by structural and demographic tailwinds across the platform market . Over the past four years, Netwealth has more than doubled FUA t
Slide 35: Outlook: FY27 guidance and FY30 ambition
Outlook Outlook Netwealth has maintained strong FUA net flows momentum going into FY27 FY27 guidance Subject to normal market and trading conditions and no material adverse changes in market sentiment, economic conditions or the regulatory environment: • FUA net flows of $18B –$20B; • EBITDA margin
Slide 36: Questions
Questions Questions
Slide 37: FY26 Appendix and additional information
FY26 Appendix and additional information 06
Slide 38: Market leading wealth solutions for key segments
Market leading wealth solutions for key segments Market leading wealth solutions for key segments Regulated products and services designed for key market segments and level of sophistication Accelerate share of Exclusive investment opportunities affluent advice Individual HIN service Netwealth Pri
Slide 39: Netwealth's advantage | Partners & integrations
Netwealth’s advantage | Partners integrations Netwealth’s advantage | Partners & integrations Netwealth integrates deeply with a broad and growing range of specialist technology providers DATA, TECHNOLOGY & INVESTMENT, RESEARCH NETWEALTH UNIFY PLATFORM FUNCTIONALITY & PORTFOLIO MANAGEMENT TOOLS Netw
Slide 40: Future solutions delivered on today's data and infrastructure
Future solutions delivered on today’s data and infrastructure Future solutions delivered on today’s data and infrastructure Netwealth is uniquely positioned to drive further adviser efficiency and intelligence across products and service that levera ge data, technology and connectivity in a heavil
Slide 41: iHIN adds new direct-ownership capability to the Netwealth platform
iHIN adds new direct-ownership capability to the Netwealth platform, alongside existing platform infrastructure iHIN adds new direct -ownership capability to the Netwealth platform, alongside existing platform infrastructure New capability Traditional Netwealth platform Traditional execution / clea
Slide 42: P&L Reconciliation – FY26
PL Reconciliation – FY26 P&L Reconciliation – FY26 30 June 2026 30 June 2026 30 June 2026 Remeasurement of Flux The financial year to 30 June 2026 Compensation and Legal and Consulting Exp Results (excluding FG Statutory Results (excluding acquisition contingent '$000 Interest Expense related to Fi