Eureka Group Holdings Limited · ASX:EGH
Eureka — Shareholder Meeting (October 2025)
22 slides from Eureka's shareholder meeting presentation, Oct 31, 2025
Slide 1: Eureka Group Holdings 2025 Annual General Meeting
Rental units being installed at Kin Kora Gladstone - QLD For personal use only Eureka Group Holdings 2025 Annual General Meeting 31 October 2025
Slide 2: Agenda
Agenda For personal use only • Chairman’s Address – Russell Banham • Managing Director & Chief Executive Officer Address – Simon Owen • Formal Items of Business – Russell Banham
Slide 3: FY25 Financial Review
FY25 Financial Review $12.0m For personal use only $45.8m $20.1m Underlying profit $18.6m Revenue Net Profit after tax before tax Valuation uplift 11% FY24 52% FY24 31% FY24 $14.1m FY24 36.8% Underlying 5.24 cps 55.0 cents 0.73 cents EPS NTA per share Final dividend EBITDA margin 1.46 cents FY25 20%
Slide 4: About Eureka
About Eureka ASX: EGH $220 million market capitalisation as at 24 October 2025 NATIONAL FOOTPRINT PORTFOLIO SNAPSHOT For personal use only 2,724 $446m 8 51 Units under management - Assets under management All-Age Rental Seniors Rental Seniors Rentals (was $333m in Oct 2024) Sites Villages (was 2,774
Slide 5: Significant business transformation progress over the past 2 months
Significant business transformation progress over the past 12 months 1. Well supported capital raise of $70.4m to fund business growth 2. Debt refinance upscaled to $185m with 3-, 5- and 7-year expiries, introduction of a second For personal use only bank and a $200m acquisition ‘accordion’ facility
Slide 6: Building Blocks of EPS Growth over next three years
Building Blocks of EPS Growth over next three years EPS Growth driven by organic growth and external opportunities Presently 32 Eureka villages are 100% occupied with waitlists. Majority of vacant units concentrated Target >98% occupancy Occupancy across 5 villages (98% at 30 June 25) For personal u
Slide 7: Eureka's largest acquisition to date
Eureka’s largest acquisition to date Hillside Garden Village, Perth • Acquired in October 2025 for $22.15m For personal use only • Substantial 9.1ha freehold site with approvals in place for expansion • Ingoing yield of 8.4%; 5-year IRR >15.0% • At acquisition, site comprised of 200 sites, including
Slide 8: Development Pipeline of over 700 units now in place
Development Pipeline of over 700 units now in place Eureka’s current development pipeline effective October 2025 Estimated Development For personal use only Village Type of Asset State Status Delivery Sites Timing - From Emerald Tourist Park, Emerald All Age Rental Living QLD 79 DA Change Request su
Slide 9: Development Returns
Development Returns Eureka targets a development return on new cabins of ~12% For personal use only Case Study – Kin Kora Caravan Park (Two Bedroom Modular Cabin) Development Cost Per Cabin Net Operating Income Per Cabin ($) ($) 2 Bedroom Modular Cabin 140,000 Annual Rent - $500 per 26,000 week Civi
Slide 10: Current Development Projects: Kin Kora Caravan Park
Current Development Projects Kin Kora Caravan Park, Gladstone (QLD) Site Map on Settlement – March 2025 Site Map on Completion of Stage 1 (28 Cabins) – Sept 2025 For personal use only 10
Slide 11: Current Development Projects: Kin Kora Full Build Out
Current Development Projects Kin Kora Caravan Park, Gladstone (QLD) Site Plan for Proposed Full Build Out of Park For personal use only 11
Slide 12: Current Development Projects: Eureka Brassall, Ipswich
Current Development Projects Eureka Brassall, Ipswich (QLD) For personal use only Site Map on Acquisition – Site Map on Completion of Site Map lodged with July 2021 (55 Sites) Stage 2 – Feb 2024 (106 Council for Stage 3 – July Sites) 2025 (155 Sites) 12
Slide 13: Capital management
Capital management Maintain strong balance sheet and funding optionality • Proceeds from November 2024’s $70.4m capital raise is expected to be fully deployed during 2025 For personal use only Key metrics FY25 FY24 Drawn debt [$m] 57.2 91.3 • Closed refinancing and upsizing of core debt Total assets
Slide 14: Changing housing ownership & tenure trends
Changing housing ownership & tenure trends Structural housing crisis has led to declining homeownership and increasing demand for rental amongst younger cohort For personal use only • Homeownership is declining, with sharper drops in younger groups and concentration among over-50s Declining homeowne
Slide 15: Eureka's strategy & focus
Eureka’s strategy & focus For personal use only Tuggerah Shores Residential Home Village, NSW Central Coast 15
Slide 16: Eureka's differentiated strategy
Eureka’s differentiated strategy • Our strategy is to own a growing portfolio of land and collect stable, predictable and CPI-linked residential rents • Eureka is focused on creating vibrant, resident centric and affordable rental communities in outer ring metro For personal use only (>25km CBD) and
Slide 17: FY26 Key Priorities
FY26 Key Priorities • Focus on net-resident gains across communities currently trading below 95% occupancy For personal use only • Target rent growth 4-6% • Close on another 4-6 acquisitions under exclusivity/ advanced price discovery • Rationalise portfolio – divest non-core assets and exit low pro
Slide 18: Trading Update
Trading Update Occupancy levels remain at 98% with housing affordability crisis in many markets underpinning future demand; strong acquisition pipeline For personal use only • Occupancy now at near record levels Eureka’s rental villages continuing to • Pension increase of 3.0% for twelve months to S
Slide 19: Guidance
Guidance • Targeting Underlying EPS growth of 7.5-10% (3.37-3.44 cents per share) For personal use only • Targeting Underlying EBITDA growth of 20-25% on FY25 ($20.2m - $21.1m) • FY26 guidance is influenced primarily by the timing of acquisitions, with occupancy, rental growth, and interest expense
Slide 20: Disclaimer
Disclaimer No responsibility for contents of presentation No offer to sell or invitation to buy To the maximum extent permitted by law, Eureka Group Holdings Limited This Presentation does not, and should not be considered to, constitute or form (ABN 15 097 241 159), its officers, advisers and repre
Slide 21: Definitions
Definitions Balance sheet gearing or Gearing STCA Calculated as net debt (being interest-bearing drawn debt net of cash) divided by net Subject to Council Approval debt plus equity Net Tangible Asset (NTA) DA the value of a company’s physical, tangible assets (such as land, buildings, and cash) For
Slide 22: Contact details
Contact details Eureka Group Holdings Limited ABN 15 097 241 159 For personal use only REGISTERED OFFICE Level 5, 120 Edward Street Brisbane QLD 4000 POSTAL ADDRESS GPO Box 2245 Brisbane QLD 4000 07 2145 6322 info@eurekagroupholdings.com.au eurekagroupholdings.com.au ENQUIRIES Simon Owen, Chief Exec
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