Gwa Group Limited · ASX:GWA
Gwa — Investor Day (October 2026)
32 slides from Gwa's investor day presentation, Oct 20, 2026
Slide 1: GWA Investor Market Briefing and Update on Q1 FY27 Trading
20 October 2026 For personal use only ASX Announcement GWA Investor Market Briefing and Update on Q1 FY27 Trading GWA Group Limited (GWA) is hosting an Investor Market Briefing on 20 October 2026, to be held at GWA’s Innovation and Distribution Centre (IDC), 1 Melito Court Prestons, Sydney, commenci
Slide 2: Investor Strategy Update
rsonal use only INVESTOR STRATEGY UPDATE Leading the evolution from products to products, solutions and services 20 OCTOBER 2026
Slide 3: Executive Leadership Team
Executive Leadership Team rsonal use only Urs Meyerhans Calin Scott Craig Norwell Caroline Sunaryo MANAGING DIRECTOR GROUP CHIEF GM SALES GM SUPPLY CHAIN & AND CEO FINANCIAL OFFICER INNOVATION Julie Webster Ritesh Patel Patricia Oliver Ernie Lagis GM MARKETING CHIEF INFORMATION GM PEOPLE & COMPANY S
Slide 4: Agenda
Agenda 04 Safety and overview Urs Meyerhans rsonal use only 10 Our growth strategy Urs Meyerhans Three connected Horizons, one disciplined value approach 11 Horizon 1 | Core fixtures and fittings Julie Webster Grow the core through category, brand and merchant execution 15 Horizon 2 | Plumber obsess
Slide 5: Safety & Overview
rsonal use only Safety & Overview URS MEYERHANS GWA INVESTOR STRATEGY UPDATE 20.10.2026 | 4
Slide 6: Safety is foundational to our business
Safety is foundational to our business We continue to focus on and structurally rsonal use only address the most critical risks for our team CRITICAL AREAS OF FOCUS FOR GWA GROUP SAFETY IN FY27 Safety Psychosocial Manual Key Risk Leadership Wellbeing Handling Reduction CULTURE — COMMUNICATION — CAPA
Slide 7: Our market is evolving
Our market is evolving Customers increasingly seek outcomes, not just products. rsonal use only STRUCTURAL TRENDS IN OUR MARKETS GWA ECOSYSTEM MORE THAN JUST PRODUCTS Customers increasingly seek solutions, not just products. MERCHANTS PLUMBERS REMAIN CENTRAL They specify, install and influence custo
Slide 8: GWA is uniquely positioned
GWA is uniquely positioned Our Right to Win rests on five reinforcing strengths rsonal use only TECHNICAL DEEP PLUMBER MARKET LEADING END-TO-END INNOVATION EXPERTISE RELATIONSHIPS BRANDS CATEGORY EXPERTISE CAPABILITY Deep experience in water Increasingly connected Strength of Caroma® From product de
Slide 9: Disciplined execution through the cycle
Disciplined execution through the cycle We have continued to grow despite a subdued market rsonal use only Consistent CAGR growth across all metrics (FY23* to FY26) +1.5% +1.0% +3.6% +4.1% VOL REV EBIT EPS Strong customer advocacy Extensive trade reach Customer First approach driving significant imp
Slide 10: Customer First transformation
Customer First transformation We've changed the way GWA operates, and the proof is real rsonal use only CONTINUED IMPROVEMENT IN NPS DELIVERY IN FULL >90% VITALITY INDEX* >10% FY23 → FY26 FY23 → FY26 FY23 → FY26 OUR OPERATING SYSTEM 1 2 OWN 3 DELIVER 4 LISTEN LEARN Customer signals Regional accounta
Slide 11: Our strategy positions us for future growth
Our strategy positions us for future growth Leveraging the platforms we’ve built and the market transition underway rsonal use only OUR PURPOSE MAKING LIFE BETTER through innovation in everyday water experiences. OUR STRATEGY To be the trusted partner in the delivery of sustainable water solutions f
Slide 12: Horizon 1: Fixtures and Fittings
rsonal use only GWA Strategy Horizon 1: Fixtures and Fittings JULIE WEBSTER GWA INVESTOR STRATEGY UPDATE 20.10.2026 | 11
Slide 13: A global marketplace is raising the standard
Horizon 1 | Fixtures and Fittings | market dynamics A global marketplace is raising the standard rsonal use only GLOBAL ACCESS Global sourcing provides broader access to The Fixtures and products, increasing competitive tension. Fittings market remains resilient, but the basis of FASTER INNOVATION D
Slide 14: The economic engine of GWA
Horizon 1 | Fixtures and Fittings | how we grow the core business The economic engine of GWA rsonal use only Portfolio strength builds preference WIN THE MARKET WIN THE CUSTOMER Category authority TECHNICAL EXPERTISE, Enduring brand preference SUSTAINS DEMAND INNOVATION AND CREATES DEMAND CUSTOMER I
Slide 15: Capability investment is delivering meaningful outcomes
Horizon 1 | Fixtures and Fittings | our execution Capability investment is delivering meaningful market and commercial outcomes rsonal use only CATEGORY INSIGHT, INNOVATION AND AUTHORITY BRANDED PREFERENCE CUSTOMER PARTNERSHIPS GWA INVESTOR STRATEGY UPDATE 20.10.2026 | 14
Slide 16: Horizon 2: Plumber Obsession
rsonal use only GWA Strategy Horizon 2: Plumber Obsession CRAIG NORWELL GWA INVESTOR STRATEGY UPDATE 20.10.2026 | 15
Slide 17: The plumber is critical to decision-making and adoption
Horizon 2 | Plumber Obsession | Plumbers’ influence is increasing The plumber is critical to decision-making and adoption rsonal use only Brands that reduce installation time, risk and uncertainty will be better positioned to earn plumber preference. MORE COMPLEXITY Greater demands on knowledge and
Slide 18: How plumber value becomes growth
Horizon 2 | Plumber Obsession | how plumber value becomes growth rsonal use only REDUCE FRICTION UNDERSTAND Reduce installation time and risk via Build proprietary insight our unique technical expertise PLUMBER VALUE GENERATE DEMAND DRIVES DEMAND Increase recommendation and pull- CREATE PREFERENCE t
Slide 19: Moving from plumber engagement to measurable plumber value
Horizon 2 | Plumber Obsession | building and validating the model Moving from plumber engagement to measurable plumber value rsonal use only We’re building Australia’s first proprietary We are reducing plumber friction We are scaling technical confidence plumber intelligence platform OUTCOME OUTCOME
Slide 20: Horizon 3: Water Solutions
rsonal use only GWA Strategy Horizon 3: Water Solutions CAROLINE SUNARYO GWA INVESTOR STRATEGY UPDATE 20.10.2026 | 19
Slide 21: Connected water pulled into the mainstream
Horizon 3 | Water Solutions | market dynamics Technology advancement, costs and water scarcity are pulling connected water into the mainstream rsonal use only Value is shifting from fixtures to managed outcomes. Cost, compliance and technology are converging to create a connected water market. HIGH
Slide 22: Why GWA can win
Horizon 3 | Water Solutions | why GWA can win Our approach is to leverage the GWA strengths to build logical adjacencies rsonal use only Horizon 3 is an adjacency, not a diversification. It builds on four assets GWA already owns. 01 02 03 04 INSTALLED THE PLUMBER UNIQUE TECHNICAL PARTNER BASE CHANNE
Slide 23: In market, early stage and deliberately gated
Horizon 3 | Water Solutions | our execution In market, early stage and deliberately gated before we scale rsonal use only LEAK SMARTSHIELDTM CAROMA SMART COMMAND® Residential water intelligence Smart monitoring and predictive How we manage investment, and leak prevention maintenance for commercial f
Slide 24: Financial Strength & Capacity for Growth
rsonal use only Financial Strength & Capacity for Growth CALIN SCOTT GWA INVESTOR STRATEGY UPDATE 20.10.2026 | 23
Slide 25: Returns to shareholders
Returns to shareholders Five consecutive years of fully franked dividends, supplemented by an on-market buyback in FY26 rsonal use only 18 16 Dividend (cents per share) 14 12 10 8 6 4 2 0 $198m $25m $223m FY22 FY23 FY24 FY25 FY26 Interim ordinary Final ordinary In dividends paid in the Share buyback
Slide 26: Strong financial position
Strong financial position Leverage inside the 1.0–2.0x target range rsonal use only METRICS* FY22 FY23 FY24 FY25 FY26 GWA remains well positioned to fund strategic growth Net debt $138.2 $117.0 $97.0 $85.1 $127.9 $205m $165m FACILITIES REVOLVING $77m undrawn multi-currency, Leverage headroom at expi
Slide 27: Capital management aligned to growth strategy
Capital management aligned to growth strategy One framework: invest behind the Horizons, hold leverage in range, return the surplus rsonal use only INVESTMENT SHAREHOLDER LEVERAGE CASH FUNDING IN GROWTH RETURNS CONVERSION CAPACITY $205m of facilities: Investment in core growth platform and emerging
Slide 28: Conclusion & Trading Update
rsonal use only Conclusion & Trading Update URS MEYERHANS GWA INVESTOR STRATEGY UPDATE 20.10.2026 | 27
Slide 29: Three takeaways
Three takeaways rsonal use only Strong position. Proven delivery. 01 Leading market positions and demonstrated growth through subdued markets, supported by financial strength and capital discipline. 02 A clear strategy across three Horizons. HORIZON 1 HORIZON 2 HORIZON 3 Strengthen the economic › Cr
Slide 30: FY27 Update and Outlook
FY27 Update and Outlook Key focus Q1 Performance (vs PCP) rsonal use only Q1 FY27 Trading Update Group Revenue (AUD) +0.3% Group Volume +1.9% Trading in line with expectations despite Australia +1.8% Australia +1.8% increasingly challenging markets NZ -9.1% (+0.1% in NZD) NZ -0.9% UK -5.6% (+2.4% in
Slide 31: Questions & Answers
rsonal use only Questions & Answers GWA INVESTOR STRATEGY UPDATE 20.10.2026 | 30
Slide 32: Site Tour presenters
rsonal use only JOHANN KARUNARATNE LUKE DI MICHIEL Head of Research & Industrial Design Development Manager Site Tour STEVEN HANNAN Head of Product & Commercialisation NATHAN BYRNES Senior Logistics Manager GWA INVESTOR STRATEGY UPDATE 20.10.2026 | 31