Turners Automotive Group Ltd · NZX:TRA
Turners Automotive — Investor Day (March 2026)
94 slides from Turners Automotive's investor day presentation, Mar 24, 2026
Slide 1: 2026 Investor Day
For personal use only 2026 Investor Day 1 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 2: Disclaimer
Disclaimer Turners Automotive Group the ('company') is solely responsible for the content of this document. This document is not an investment statement or prospectus and does not constitute an offer of securities. For personal use only This document or any other written or oral statements made by,
Slide 3: Agenda for the day
Agenda for the day Introduction Grant Baker For personal use only Network effect and resilient management through cycle Todd Hunter Divisions • Auto Greg Hedgepeth • Finance Guy Bryden • Insurance James Searle • Servicing and Repairs Richard Wafer Capital allocation and FY31 Road map Aaron Saunders
Slide 4: Investor day framework
Investor day framework For personal use only What we’ve Clear pathway for Now we are achieved: future growth: positioned for the next phase • 5 years of successful execution • Market leading platform • Resilient management through cycle • Compelling organic growth • A winning culture • Disciplined i
Slide 5: Chairman's Perspective
For personal use only Chairman’s Perspective Grant Baker 5 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 6: One key message today
For personal use only One key message today… “There is a lot more to come...” 6 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 7: 2021 Investor Day...we've come a long way
2021 Investor Day…we’ve come a long way since Apr-21 For personal use only 7 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 8: We have made progress since April-2021
We have made progress since April-2021 For personal use only TRA Included in As at March YE FY10 FY21 FY25 S&P NZX 50 and Mid Cap Index Shareholder Equity ($M (3) 233 298 from Dec-23 Total Assets ($M) 109 718 918 Revenue ($M) 297 413 NPBT ($M) (18) 37.4 54.3 Dividend per Share - 20.0 29.0 Note – $77
Slide 9: And we unveiled Tina for the first time
And we unveiled Tina for the first time For personal use only 9 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 10: We hold ourselves to account
We hold ourselves to account We are confident in the organic growth trajectory of this business and our ability to execute. We have published 3 medium term profit targets since Mar-21. For personal use only Net Profit Before Tax ($M) 70.0 Target #1 (FY21) 65.0 $45M NPBT by FY24 - exceeded 60.0 55.0
Slide 11: Companies we benchmark ourselves against
These are the companies we benchmark ourselves against Turners rank #1 is total shareholder return over the last 5 years and #2 over 10 years when benchmarked against this group of companies. For personal use only • Strong sense of their culture • Unique company structure • Power of brand • Focused
Slide 12: Why I continue to like this company
Why I continue to like this company For personal use only • I love cars • Management, wider team and board “skin in the game” • Strong culture and highly engaged team, with ownership mindset = powerful combo • Our used car platform it is extremely difficult to replicate • A strong focus on growth an
Slide 13: Turner's Overview
For personal use only Turner’s Overview Todd Hunter 13 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 14: One key message today
For personal use only One key message today… “Great businesses that are even better together” 14 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 15: Overview of Turners Automotive Group
Overview of Turners Automotive Group 700+ kiwis building a used car eco-system platform For personal use only Non-core Auto Retail Repairs & Servicing Insurance Finance Credit 40k cars $3B market sized $46M premium book $536M loan book Management 9% market share opportunity in NZ 200k policies 35k c
Slide 16: Why we like used cars as a segment
For personal use only Why we like used cars as a segment 16 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 17: Used car market resilient, large and needs based
Used car market resilient, large and needs based, 1M plus transactions every year For personal use only % Change Yr on Yr, New Car vs Used Car Sales 40% 30% 20% ~950k vehicles are > 20 years old (~22% of the 10% total light fleet) 0% 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023 2025 Dec YT
Slide 18: Peak car is not a thing
Peak car is not a thing Light vehicle fleet size and distance travelled per annum For personal use only 5,000,000 50.00 4,500,000 45.00 4,000,000 40.00 3,500,000 35.00 3,000,000 30.00 2,500,000 25.00 2,000,000 20.00 1,500,000 15.00 1,000,000 10.00 500,000 5.00 0 0.00 2000 2001 2002 2003 2004 2005 20
Slide 19: Dealer numbers in steady decline, scale is a huge advantage
Dealer numbers in steady decline, scale is a huge advantage Registered Dealer Numbers NZ (source MBIE) For personal use only 3,700 3,500 3,300 3,518 • Dealer numbers continue to track down. Feb-18 • Sourcing becoming increasingly difficult for 3,100 sub-scale operators • Ultimately, scale will be t
Slide 20: Building a used car platform
For personal use only Building a used car platform 20 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 21: Building a used car platform
Building a used car platform For personal use only Finance Insure Service and Sell a car Buy a car a car a car repair a car 21 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 22: This is becoming a deeply integrated platform
This is becoming a deeply integrated platform For personal use only Reselling Insurance policies to Oxford clients Market insights Market insights Turners act as test customer TSR selling MBI to repair customers for system changes MBI car servicing referrals Originating finance contracts Car valuati
Slide 23: Great businesses that are even better together
For personal use only Outcome is great businesses that are even better together 23 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 24: We have a unique platform that is difficult to replicate
For personal use only We have a unique platform that is difficult to replicate 24 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 25: Used Car Platform + Add-On Monetisation
Used Car Platform + Add-On Monetisation Combining sourcing, selling, and add-ons builds a scalable, competitive platform with strong, stable long-term returns. For personal use only 1. Sourcing 2. Selling 3. Add-on sales Retail Consumers Retail Consumers Retail sales Finance Vehicle Added-value inve
Slide 26: Used Car Platform + Add-On Monetisation
Used Car Platform + Add-On Monetisation Combining sourcing, selling, and add-ons builds a scalable, competitive platform with strong, stable long-term returns. For personal use only 1. Sourcing 2. Selling 3. Add-on sales Retail Consumers Retail Consumers Retail sales Finance Vehicle Added-value inve
Slide 27: Why is the platform unique
Why is the platform unique For personal use only • No single point of material dependency on sourcing or selling ensures steady inventory and market resilience • Broad base of suppliers and buyers ensures market liquidity and growth • Scale in fragmented markets • Difficult to replicate the physical
Slide 28: Our strong culture is critical to our success
For personal use only Our strong culture is critical to our success 28 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 29: Tenure and consistency across the organisation is key
Tenure and consistency across the organisation is key Alistair Petrie - Director For personal use only Greg Hedgepeth – CEO Auto Retail Lauren Quaintance – Director Grant Baker – Chairman Jeremy Rooke - CDO John Roberts - Director Guy Bryden – CEO NPBT Oxford Finance 63.0 Matt Harrison – Director Ma
Slide 30: Quality environment, customer experiences, outcomes
For personal use only Quality Quality Quality environment + customer = outcomes for for our people experiences our shareholders 30 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 31: Culture: engagement, ownership and shareholder outcomes
67% of our team Winner of Most Trusted A decade of increasing ~350 people own Used Car Dealership dividends and share price For personal use only shares in Turners 6 years running growth for shareholders (except for 2020) Quality Quality Quality environment + customer = outcomes for for our people e
Slide 32: We have performed well in a down cycle
For personal use only We have performed well in a down cycle and will perform even better in an upcycle. 32 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 33: We will go better in an improving economy
We have gone well in a tough economy and we will go better in an improving economy Improving consumer confidence, a stronger new car market, relaxation of used import restrictions will For personal use only lead to more transactions in the used car market. • Recovery in consumer confidence drives hi
Slide 34: What are we aiming for now?
For personal use only What are we aiming for now? 34 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 35: On track to achieve FY28 target earlier
On track to achieve FY28 target earlier We have published 3 multi-year profit targets since Mar-22. After achieving our first two targets ahead of time, we are on track to achieve our latest FY28 target early as well. For personal use only Net Profit Before Tax ($M) 70.0 Target #1 (FY21) 65.0 $45M N
Slide 36: New year target of $100M NPBT by FY31
New 5 year target of $100M NPBT by FY31 For personal use only Net Profit Before Tax ($M) 100 Target #4 of $100M NPBT by FY31 90 • 50% organic growth on top of the FY26 80 result + a small amount of additional inorganic growth will get us to the 70 $100M 60 • Continued organic growth will come 50 fro
Slide 37: Auto Retail Overview
For personal use only Auto Retail Overview Greg Hedgepeth 37 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 38: Auto Retail - Today
Auto Retail - Today #1 4 mins NZ’s #1 For personal use only NZ’s largest buyer and seller of Turners sell 1 car every 4 minutes, most trusted used vehicle dealership vehicles Or ~115 cars per day brand 6 years in a row 26,800 32 Locations in NZ from Whangarei 32,500 Damaged vehicles sold Total Cars
Slide 39: Sourcing used cars is our super power
For personal use only One key message today… “Sourcing used cars is our super power” 39 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 40: Auto retail is a growth engine for the business
Auto retail is a growth engine for the business For personal use only Auto Retail Net Profit before Tax ($M) 35 31.8 30 29.1 89% bottom line growth in last 5 years driven by: 25 25 • Network growth 19.4 20 15.4 • Sourcing capability 15 • Brand strengthening 10 • Digital progress 5 0 • Margin expansi
Slide 41: Our combined physical and digital network drives our success
Our combined physical and digital network drives our success For personal use only www.turners.co.nz has 350k+ unique visitors per month 41 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 42: The Turners brand goes from strength to strength
The Turners brand goes from strength to strength For personal use only 42 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 43: The Turners brand goes from strength to strength
The Turners brand goes from strength to strength For personal use only 43 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 44: The Turners brand goes from strength to strength
The Turners brand goes from strength to strength For personal use only Sourcing leads generated per year 2020: 42,718 2025: 83,294 +95% 44 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 45: For personal use only
For personal use only 45 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 46: We are getting better at buying cars every year
And we are getting better at buying cars every year... For personal use only Owned cars sold through Turners (units) 30,000 25,000 • Lead generation program 20,000 • Omnichannel experience 15,000 • Data enhanced decision making 10,000 • Proprietary lead management 5,000 • L&D performance improvement
Slide 47: Auto Retail key initiatives and FY31 NPBT target
5 year key initiatives • Ongoing branch retail optimisation For personal use only Network expansion • New regional opportunities • Further penetration into metro areas FY31 NPBT target • Lead generation campaign Sourcing initiatives • Partnership opportunities $50.0m • Conversion rate optimisation C
Slide 48: Key initiative - we are targeting new branches
Key initiative - we are targeting 15 new branches Branch viability assessment process: For personal use only Auto market data: • NZTA Change of ownership data – new & used • Segment analysis – type of vehicles sold • Competition – number of registered dealers Other site-specific considerations: • Le
Slide 49: Examples of branch network developments
Key initiative- Examples of branch network developments Small Branch Medium Branch Large Branch For personal use only 2025 Invercargill 2022 Rotorua 2020 Westgate FY25 profit $430k FY25 profit $970k FY25 profit $1.4m Time to Profit 1 Month Time to Profit 2 Months Time to Profit 3 Months Size in m2 2
Slide 50: Data and digital investments deepen sourcing advantage
Key initiative - Data and digital investments will deepen our sourcing advantage For personal use only Valuation tool leads per day Lead generation initiatives: 25.00 • Machine Learning Car Valuation tool – ongoing development and growth 20.00 • Partner Integration e.g. VTNZ co-locations for cay buy
Slide 51: Auto Retail - Why we win
Auto Retail – Why we win For personal use only Competitive advantages: Group synergies: • Brand strength – One of NZs most loved • Access to vehicle mechanical data to guide profitable purchasing decisions • Scale in a highly fragmented market • Sourcing opportunities e.g. Turners Servicing • Divers
Slide 52: Finance Overview
For personal use only Finance Overview Guy Bryden 52 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 53: Finance Today
Finance Today $536m +23% 35,000 For personal use only Gross receivables less impairments Ledger has grown by $102m Number of open loans @ Feb-26 from Feb-25 to Feb-26 @ Feb-26 16% % of new lending generated by Turners 209 Number of dealers and brokers who have $21,473 Average loan size for originate
Slide 54: Grow our loan book by a further 50%
For personal use only One key message today… “We expect to grow our high quality loan book by a further 50% without adding any more capital” 54 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 55: On track for a record profit result in FY26
On track for a record profit result in FY26 Finance Net Profit before Tax ($M) For personal use only 20.0 We are expecting a record profit result for 18.0 Finance in FY26: 18.0 16.0 15.8 16.0 • Strong loan book growth at the 14.0 15.0 premium end of the market 12.0 12.2 12.2 10.0 • Improved NIM from
Slide 56: Strong loan book growth driven by high quality lending
Strong loan book growth driven by high quality lending Receivables by month (excl. impairments) $102m (+23%) loan book For personal use only growth since Feb-25 Aggressive re-pricing in rising interest rate environment 56 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 57: Credit quality is a non-negotiable for us
Credit quality is a non-negotiable for us For personal use only Average Centrix credit score for new loans Consumer Customer +3 Day Arrears (Loan Balance) Avg NZ auto loan CCR score Source – Centrix 57 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 58: Finance key initiatives and FY31 NPBT target
5 year key initiatives For personal use only • Growth in Turners lending through network expansion Book growth • Growth in Direct lending FY31 NPBT target • Continue to build market share in new products Funding optimisation • • • Competitive pricing against much larger books Improved credit quality
Slide 59: Material opportunity in personal loans
Key Initiative – Material opportunity in personal loans There is a significant growth opportunity to target high quality borrowers in the personal lending category. For personal use only Number of active personal loan accounts in NZ with CCR score of 650+ • As at Jan 2026 there are approximately 140
Slide 60: Growth plans supported by efficient funding
Key Initiative - Our growth plans are supported by efficient funding For personal use only Margin on AAA rated Motor Vehicle ABS Securitisation Deals • Oxford now has the headroom to grow the loan 200 185 book by another 50% without any requirement to 180 160 155 introduce further capital 155 160 14
Slide 61: Lending strategy + digital initiatives = operating leverage
Key Initiative - Lending strategy + digital initiatives = operating leverage For personal use only FY24 to FY26 operating cost-to-income improvements • Operating cost to income ratio has reduced from 51% (H124) to 39% (H226 forecast), as a result of operational efficiency gains and NIM expansion. •
Slide 62: Finance - Why we win
Finance - Why we win For personal use only Competitive advantages: Group synergies: • Speed of credit decisions and ease of • Captive Turners Auto Retail network application process growing market share, 70%-80% of Turners loans get originated through Oxford. • Proprietary loan origination platform
Slide 63: Insurance Overview
For personal use only Insurance Overview James Searle 63 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 64: Insurance Today
Insurance Today 5,500+ 2,750+ 200,000+ For personal use only Number of insurance policies sold Mechanical Breakdown Insurance policies Number of active policies per month sold per month $18m Value of new business policies sold $43m Value of Autosure new business policies $21m Value of paid claims pa
Slide 65: Mechanical breakdown insurance like pet insurance for your car
For personal use only One key message today… “We want people to think of mechanical breakdown insurance like pet insurance for their car” 65 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 66: Insurance has been a very consistent performer
Insurance has been a very consistent performer Insurance Net Profit before Tax ($M) For personal use only 18.0 • We operate within a structurally lower-risk segment of insurance: 16.0 14.0 • Annuity-style earnings, with an average customer lifetime of ~3 years 12.0 10.0 • Consistent revenue growth a
Slide 67: Stable insurance portfolio, improving performance
Stable insurance portfolio, coupled with improving performance For personal use only Mechanical Breakdown Insurance Loss Ratio 60% • Our loss ratio has improved for MBI, driven by 59% disciplined risk pricing and smarter portfolio 58% management 57% • We aim for a loss ratio between ~56% - 58%, well
Slide 68: Motor Vehicle Insurance is a strong growth driver
Motor Vehicle Insurance is a strong growth driver Motor Vehicle Insurance Gross Written Premium per annuum and in-force ($M) For personal use only 40 • Solid growth in new business premium for 35 our motor vehicle insurance policies 30 • The Autosure POS system integration allows agents to sell more
Slide 69: Insurance key initiatives and FY31 NPBT target
5 year key initiatives For personal use only • Digitally targeting the 50% of the used car market FY31 NPBT target Build out and that is traded “private to private” grow digital distribution • Leverage our partnerships with trusted, high-impact brands Reposition the MBI product • • Create a new MBI
Slide 70: Opportunity to sell MBI into private to private market
Key initiative - significant opportunity to sell MBI into the “private to private” used car market For personal use only Number of used vehicle change of ownerships Private to • Expand our distribution beyond the dealer network to Private in CY25 target private vehicle sales and existing car owners
Slide 71: Insurance - Why we win
Insurance - Why we win For personal use only Competitive advantages: Group synergies: • Strong position in auto add-on insurance • As the Turners Auto Retail network grows, market this results in more policies being sold. • Our extensive dataset provides a • Fast feedback loop on system significant
Slide 72: Turners Servicing and Repairs (TSR) Overview
For personal use only Turners Servicing and Repairs (TSR) Overview Richard Wafer 72 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 73: Mobile mechanics are going to disrupt the traditional workshop
For personal use only One key message today… “Mobile mechanics are going to disrupt the traditional mechanic workshop” 73 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 74: Mobile repair is a growth category internationally
Mobile repair is a growth category internationally For personal use only 74 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 75: AutoNation Completes the Acquisition of RepairSmith
AutoNation Completes the Acquisition of RepairSmith For personal use only "The acquisition of RepairSmith creates meaningful After-Sales business opportunities, including utilizing another channel to provide service to AutoNation's existing Customer base and introduce additional vehicle owners who h
Slide 76: What is Turners Servicing & Repairs?
What is Turners Servicing & Repairs? For personal use only • Already NZ's largest & "most loved" mobile mechanic • Auckland, Hamilton, Tauranga, Wellington (& Christchurch inspections only) • Auckland based parts distribution and workshop • All techs are employees no franchisees or contractors • >90
Slide 77: Turners Servicing and Repairs today
Turners Servicing and Repairs today 36,000 4.9/5 13,000 For personal use only Number of completed bookings Customer score on Google Pre-purchase Inspections (>4,300 reviews) completed 18 # of employed mechanics 300+ MTA approved garage partners $240+ PPI ARPU on the MAS Marketplace 5 Number of regio
Slide 78: The business is growing and expanding
The business is growing and expanding For personal use only Remote bookings by Tech 14000 12000 Growth driven by: 10000 8000 • Regional expansion 6000 • Integration with Turners branches • Rebranding to TSR 4000 • Establishment of small fleet solution 2000 0 FY21 FY22 FY23 FY24 FY25 FY26 Apr - Feb 7
Slide 79: Transparent and intuitive online platform
Transparent and intuitive online platform For personal use only • Online booking 24/7 • Quoting and costing tools • Transparent pricing • Scheduling & route planning • In-house technician app • Online parts retailing 79 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 80: TSR key initiatives and FY31 NPBT target
5 year key initiatives For personal use only FY31 NPBT target • Establish mobile mechanics in locations to Network expansion mirror the core Turners network Partnerships • VTNZ WoF Wizard, WoF failures made simple for ~240k (or 40%) failures p.a. $3.9m • Cross sell, upsells and reminders with Turner
Slide 81: Network Expansion / Regional rollout
Key initiative - Network Expansion / Regional rollout For personal use only Ability to quickly launch in new regions and scale Auckland = 11 techs Tauranga = 2 techs Hamilton = 3 techs Playbook for launching new regions: • Turners branch presence: Existing branch to anchor demand and support operati
Slide 82: VTNZ WoF Wizard Partnership
Key initiative - VTNZ WoF Wizard Partnership VTNZ WoF Failure Sheet Ai generated explanation of technical WoF report For personal use only • 600k WoF performed per annum by VTNZ, with ~40% fail rate • VTNZ are the largest vehicle inspection 82 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026 company in
Slide 83: Turners Servicing & Repairs - Why we win
Turners Servicing & Repairs - Why we win For personal use only Competitive advantages: Group synergies: • Turner's ecosystem effect (incl. brand) • Significant wholesale work for Turners Auto Retail division. • First mover to scale in the mobile space • Material cross selling opportunities • Superio
Slide 84: Capital, Funding and FY31
For personal use only Capital, Funding and FY31 Aaron Saunders 84 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 85: Capital-efficient growth of profits and dividends
For personal use only One key message today… “Capital-efficient growth of profits and dividends” 85 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 86: Capital Management Framework
Capital Management Framework TARGET BENCHMARKS Target Return on Equity (ROE) 15% or greater For personal use only Last 5 years average ROE 12.5% Use of Capital Sources of Capital Dividend Frequency Quarterly 1. Dividends (Paid out quarterly) 2. Digital initiatives (Above and beyond BAU) Capital 1. R
Slide 87: Our dividend is an important part of our value proposition
Our dividend is an important part of our value proposition to shareholders… For personal use only Dividend per Share ($) 0.35 0.33 0.3 0.29 0.255 • “Skin in the game” (30% shares owned 0.25 0.23 0.23 around board table). 0.2 0.20 • Dividend policy is to pay out 60-70% of 0.17 normalised Net Profit a
Slide 88: Improving capital effectiveness is still a priority
Improving capital effectiveness is still a priority For personal use only • Improving return on capital metrics is a key focus for management and the board. • ‘Stay in business’ capital expenditure broadly in line by depreciation • Capital allocation within the group is currently focused on the high
Slide 89: Funding mix optimised to support growth
Funding mix optimised to support growth 80% of our borrowings relate to Finance Receivables, and we can grow the book ~50% without further capital For personal use only Borrowings by asset class at Sep-25 (NZ$M) • In October 2025 a new $200M receivables warehouse was established in our inaugural pub
Slide 90: Property ownership = growth enabler and risk mitigator
Property ownership = both a growth enabler and risk mitigator For personal use only • Property cost in March 2015 after takeover of Turners Auctions by Dorchester Pacific = $4.2M • Property carrying value in March 2026 = $160M+, all funded through retained earnings and bank facilities • Property own
Slide 91: Roadmap to $100M of NPBT
Roadmap to $100M of NPBT FY26 to FY31 Bridge For personal use only • The majority of growth comes from the Auto Retail (including property and half share of TSR) and Finance segments where we expect profits to growth organically by over 50% • Over 70% of the growth in Auto Retail profits expected to
Slide 92: Wrap up
For personal use only Wrap up Todd Hunter 92 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026
Slide 93: Wrap up
Wrap up Auto Retail “Sourcing used cars is our superpower” For personal use only Finance “We expect to grow our high quality loan book by a further 50% without adding any more capital” Insurance “We want people to think of mechanical breakdown insurance like pet insurance for their car” Servicing an
Slide 94: Contact
Contact Todd Hunter For personal use only Group CEO T: 64 21 722 818 E: todd.hunter@turners.co.nz Aaron Saunders Group CFO T: 64 27 493 8794 E: aaron.saunders@turners.co.nz 94 • TURNERS AUTOMOTIVE GROUP INVESTOR DAY 2026