Savor Ltd. · NZX:SVR
Savor — Shareholder Meeting (September 2025)
32 slides from Savor's shareholder meeting presentation, Sep 30, 2025
Slide 1: Annual Shareholders Meeting
Annual Shareholders Meeting 30 September 2025
Slide 2: Welcome
Welcome SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 2
Slide 3: Agenda
Agenda – Welcome – Chairman’s Address – CEO’s Address – Formal Business – Questions – Close SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 3
Slide 4: Board of Directors
Board of Directors Lucien Law Paul Robinson Louise Alexander Bhupen Master Chief Executive Officer Executive Chair Director Director Over the past twelve years, Lucien has spearheaded a Paul Robinson has twenty five years of experience in Louise is a senior HR practitioner and people leader Bhupen h
Slide 5: Chairman's Address – Paul Robinson
Chairman’s Address Paul Robinson SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 5
Slide 6: FY26 Trading Update
FY26 Trading Update Revenue April May June July Aug Total % change Last Year 4,785,000 4,580,000 4,100,000 3,600,000 4,200,000 21,265,000 This Year 4,020,000 4,500,000 3,600,000 3,650,000 4,210,000 19,980,000 -6% (YTD Aug) FY26 FY25 % change EBITDA 1,480,000 1,510,000 -2% SAVOR LIMITED ANNUAL SHAREH
Slide 7: Historical performance improvements
Historical performance improvements 2022 2023 2024 2025 % Revenue 30.5m 52.4m 61.8m 56.6m 85.60% ↑ Venue wages 41.60% 43.40% 41.30% 40.40% -2.90% ↓ Head Count 592 535 502 443 -25.20% ↓ COGS 29.30% 30.70% 29.20% 28.80% -1.70% ↓ Head Office wages / revenue* 4.80% 3.50% 3.10% 3.50% -26.60% ↓ *Before fi
Slide 8: Free Cash Flows Improvement 2025-2027
Free Cash Flows Improvement 2025-2027 *Reported FY25 total cash flow of $2.4m included a number of non-recurring transactions, including debt refinancing, landlord incentive received, capital expenditure and the receipt of supplier loans. These have been removed from the above to ensure a like for l
Slide 9: CEO's Address – Lucien Law
CEO’s Address Lucien Law SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 9
Slide 10: Opened September 2025
opened 26 September 2025 SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 10
Slide 11: The Concept – Bar Ziti & Flush Golf
The Concept – Bar Ziti & Flush Golf – We’ve created two venues that work together but can stand alone — a premium golf simulator club alongside a true bar-restaurant. Each is strong enough to thrive on its own, but together they create something unique in the city. – Our edge is hospitality. Anyone
Slide 12: Bar Ziti – Laneway Dining in Britomart
Bar Ziti – Laneway Dining in Britomart – Laneway transformation – lush planting and outdoor tables create a vibrant, welcoming setting, with the bar opening directly to the street for a true city buzz. – The perfect Peroni after work – a natural meeting spot for city workers, with groups spilling in
Slide 13: Urban Golf, Reimagined
U R B A N G O L F, R E I M A G I N E D SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 13
Slide 14: Hospitality + Entertainment, The Growth of Golf, Flush Golf
Hospitality + Entertainment The Growth of Golf Flush Golf — Our Answer – An exciting evolution for Savor — blending our – Golf is the fastest-growing participation – Powered by world-leading Trackman proven hospitality model with fast-growing sport globally, with millions of new players simulator te
Slide 15: Driving Engagement Through Events & Promotions
Driving Engagement Through Events & Promotions Weekly Leagues Corporate Leagues Ongoing competitive play for Register your office or client team, individuals and teams with network while competing for bragging leaderboards and finals. rights. Themed Events & Watch Parties Masters Night, Ryder Cup li
Slide 16: SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING
SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 16
Slide 17: Creating Value in Challenging Times
Creating Value in Challenging Times – Last year we launched the first ever Savor Food Festival – our first group-wide promotion. The goal was simple: provide value-driven dining opportunities during a period of cost-of- living pressure, while rewarding loyal guests and attracting new ones. – The Fes
Slide 18: Building on Year One Success
Building on Year One Success – With that success, the question was never if we’d do it again, but how we’d build on it. – This year, we’ve expanded the Festival’s reach: more events, more venues participating, and a deeper programme of experiences. – We’ve also been able to refine the model — taking
Slide 19: Scaling Up with Supplier Support
Scaling Up with Supplier Support – This year we shifted from a primarily ticketed approach to a broader focus on everyday value offerings, supported by more than 80 events across the programme. The change has proven successful, with strong engagement across all venues. – Once again, this was made po
Slide 20: Festival results and guest numbers
Over 20,000 pints of Peroni 8,000 Cocktails sold 1,900 Feasts sold at & Asahi served Up from 4,800 Bivacco & NSP A 25% YoY FATHER’S DAY increase GUEST NUMBERS UP Over $210k in a 11% 12,000 single day +13% covers Over vs pre-Festival Festival Menus period Sold (steady YoY) 200,000 $35 Lunch Deal gues
Slide 21: Festival events
COLIN WAGYU DELUXE FASSNIDGE DINNER ONE NIGHT ONLY SEPT 24 ONE NIGHT ONLY OCT 1ST BIVACCO FEAST. ENDLESS PLATES. EVERY SUNDAY. SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 21
Slide 22: SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING
SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 22
Slide 23: Shareholder Discounts
Shareholder Discounts – Since the merger in 2019, the Board has always wanted to find a way to thank and reward our long-standing shareholders through our venues. – For much of that time, our focus had to be on the fundamentals: navigating COVID and its lasting impacts, and ensuring the business sta
Slide 24: Dynamic shareholder discount details
– Each quarter, a new set of venues will be part of the discount programme—keeping the offer fresh and giving you different ways to enjoy our portfolio. U R B A N G O L F, R E I M A G I N E D M I S S I O N B AY & P O N S O N B Y – Shareholders will receive a direct email each quarter with details of
Slide 25: Formalities
Formalities – Election of Paul Robinson – Election of Lucien Law – Auditor Remuneration SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 25
Slide 26: Resolution 1
Resolution 1 That Paul Robinson, who Paul Robinson was appointed to the Board in April 2019 and was last re-elected by shareholders in August 2022 so therefore offers himself for re-election by retires by rotation and has shareholders at the 2025 Annual Meeting. Paul is currently Chair of the Board
Slide 27: Resolution 2
Resolution 2 That Lucien Law, who retires Lucien Law was appointed to the Board in April 2019, was last re-elected by shareholders in August 2022 so therefore offers himself for re-election by by rotation and has offered shareholders at the 2025 Annual Meeting. Lucien is currently a member of the hi
Slide 28: Resolution 3
Resolution 3 To authorise the Directors to fix the auditors’ remuneration. SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 28
Slide 29: Questions
Questions SAVOR LIMITED ANNUAL SHAREHOLDERS MEETING 29
Slide 30: Thank you for attending our Annual Shareholders Meeting
Thank you for attending our Annual Shareholders Meeting 30 September 2025
Slide 31: Important Notice and Disclaimer
Important Notice and Disclaimer Disclaimer This presentation has been prepared by Savor Limited (NZ company number 3979219, NZX ticker SVR (the “Company”). Information This presentation contains summary information about the Company and its activities which is current as at the date of this presenta
Slide 32: Important Notice and Disclaimer
Important Notice and Disclaimer Non-GAAP financial information Certain financial information included in this presentation is non-GAAP financial information. This non-GAAP financial information is not audited, and caution should be exercised as other companies may calculate these measures differentl