Slide 1: FY26 Results Investor Presentation
FY26 Results Investor Presentation For the year ended 30 June 2026 25 August 2026
Slide 2: Agenda
Agenda 01 02 03 04 Overview Financial Summary Appendix of FY26 Results Brett Morgan Gary Dickson Brett Morgan Additional FY26 Managing Director & CEO CFO Managing Director & CEO information FY26 Results – Investor Presentation 2
Slide 3: Overview of FY26
01 Overview of FY26 Brett Morgan Managing Director & CEO
Slide 4: FY26 key highlights
FY26 k ey highlights Strong earnings growth; integration delivering; improved earnings mix • Underlying NPAT up 41.2% to $58.3m (Statutory NPAT up 58.0% to $56.2m) • Growth delivered across key business lines and retail banking momentum improved • Higher - return businesses increased contribution to
Slide 5: Financial and operating performance
Financial and operating performance UNDERLYING EARNINGS UNDERLYING NPAT FINAL DIVIDEND PER SHARE $58.3m 34.3 cps 12.5 cps +41.2% on pcp +11.7% onpcp +1.5 cps on pcp Statutory NPAT $56.2m EARNINGS MIX TOTAL LOAN BOOK CUSTOMER DEPOSITS 11.3% $14.0b $10.6b of Group profit from higher - return +7.2% on
Slide 6: FY26 execution priorities
FY26 execution priorities Delivering against our FY26 priorities resulted in stronger earnings, greater scale and improved strategic positioning Home Customer Equipment Managed Trustee lending deposits finance funds Services funds $13.6b $10.6b $371m $970m $560m Portfolio Portfolio Portfolio FUM FUA
Slide 7: The merger is delivering value
The merger is delivering value Run rate synergies of $11.8m; integration execution remains on track; FY28 synergy target unchanged Expected future value In progress $20 - $25m of run rate synergies Single loan by end FY28 Delivered origination system Double - digit EPS Single banking Single core acc
Slide 8: Financial results
02 Financial results Gary Dickson CFO
Slide 9: FY26 financial overview
FY26 financial overview Double digit earnings growth; key metrics trending positively Financial Balance sheet, capital and funding Metric FY26 FY25 FY26 v FY25 2H26 v 1H26 Metric 30 Jun 26 30 Jun 25 30 Jun 26 v 30 Jun 25 Total operating income ($m) 255.9 186.6 37.1% ▲ 4.5% ▲ Customer deposits ($b) 1
Slide 10: Full year Underlying and Statutory NPAT
Full year Underlying and Statutory NPAT FY26 profit driven by increased scale and the achievement of year 1 integration synergies Net profit after tax ($m) 1.6 9.0 58.6 43.1 3.6 58.3 56.2 5.5 2.1 41.3 FY25 Underlying Net interest Other banking Wealth Operating Net bad and Income tax FY26 Underlying
Slide 11: Net interest margin
Net interest margin NIM increased 3 bps to 1.50% in FY26 Average NIM trend 1.45% 1.47% 1.50% • Net interest margin up 3 bps year on year • NIM 2H26: 1.54% vs. 1H26: 1.46% (up 8 bps) • Key themes for FY26 o Growing contribution from equipment finance business FY24 FY25 FY26 o Higher RBA cash rate pro
Slide 12: Operating costs
Operating costs Underlying expenses well managed Operating costs ($m) 1 10.9 0.5 10.2 • The increase in expenses, including people and technology costs, 22.5 primarily reflects the inclusion of Auswide Bank for the full period vs 4 ½ months in FY25 170.1 • Group cost to income improved by 156 basis
Slide 13: Synergies and integration costs
Synergies and integration costs Integration on track. Target run - rate synergies at end of FY28 unchanged at $20 – 25m pa Synergies FY25 FY26 FY27 FY28 • FY26 realised synergies $10.7m, equates to +4.4 cps of earnings $m actual actual forecast forecast realised realised run rate* run rate* • Run- r
Slide 14: Quality home loan book
Quality home loan book Home loan book LVR profile ($b) Strong settlements in the second half 12.9 13.6 1.3 • $13.6b home loan portfolio 1.1 1.0 1.0 >90% 85%- 90% 0.6 0.7 23% 80% - 85% 8.0 • 2H applications up 16% and settlements up 41% on 1H 0.8 24% 0.7 0.4 <80% 77% • Continued focus on low - risk,
Slide 15: Diversified funding mix
Diversified funding mix Customer deposits ($b) Strong deposit gathering capability 10.6 10.1 4.7 5.1 5.9 • Customer deposit ratio stable at 70% 3.1 • Deposit gathering capability across digital, branch and partnerships 5.4 5.5 • New digital savings product launched in December, supporting 2.8 custom
Slide 16: Well capitalised for growth
Well capitalised for growth Transition to a single banking license supports capital management efficiency • MyState remains well capitalised , with strong organic capital generation • Total capital ratio of 15.8% at 30 June 2026 • Reduction in total capital ratio follows the issue of Tier 2 capital
Slide 17: TPT Wealth providing income diversification
TPT Wealth providing income diversification Continued growth in FY26 Operating income ($m) 1 • TPT operating income increased 10.9% on pcp to $16.4m benefitting from improved business performance across 15.7 16.4 trustee services, lending and funds 14.8 • Trustee Services FUA rose 17.6% to $560m pri
Slide 18: Selfco providing lending diversification
Selfco providing lending diversification Strong book growth About Selfco Selfco loan book ($m) • Finances business critical assets used to generate cash flow 371 • Operating in a $40 billion equipment finance market 158 • Average loan size $80,000 111 • Nationally distributed through broker network
Slide 19: Final dividend 12.5 cps fully franked
Final dividend 12.5 cps fully franked Dividend up 1.5 cps on FY25 final Dividend payout ratio based on profit type FY26 Final dividend 2H Statutory 2H Underlying • Dividend policy targets a payout ratio of 60 – 80% of NPAT 12.5 cps 73.7% 70.8% • Total FY26 dividends up 3.0 cps on FY25 Total dividend
Slide 20: Summary
03 Summary Brett Morgan Managing Director & CEO
Slide 21: Looking ahead
Looking ahead Business and integration priorities remain unchanged Business priorities Integration priorities • Profitably grow home lending and customer deposits • Single loan origination system • Scale the equipment finance book • Single core banking system • Grow funds and private trustee service
Slide 22: MyState's investment case
MyState’s investment case FY26 demonstrates that the merger thesis is delivering; earnings have grown, execution is on track and the next phase of value creation is visible Diversified, Improved Integration upside Capital flexibility growing business earnings mix $11.8m run rate 4 business lines 11.
Slide 23: Appendix
04 Appendix Additional FY26 information 23
Slide 24: MyState is a diversified financial services group
MyState is a diversified financial services group MyState Limited (MYS) is a diversified financial services group which listed in September 2009 following the merger of MyState Financial, an authorised deposit - taking institution, and TPT Banking Wealth, a trustee and wealth management company, Len
Slide 25: Social impact: customer, community and culture
Social impact: customer, community and culture Our social licence to operate is strengthened by high customer advocacy, trusted digital services, engaged employees and meaningful community investment Customers Digital trust Our people Community 97% 71% 19 +60 NPS of transactions employee engagement
Slide 26: FY26 Underlying to Statutory profit reconciliation
FY26 Underlying to Statutory profit reconciliation Banking group TPT Wealth Corp. & Consol. MyState Group (incl. Selfco ) Underlying NPAT ($m) 1 55.2 2.7 0.4 58.3 Integration costs ($m) 2 (4.2) - (0.3) (4.5) Purchase Price Allocation ($m) 2 2.4 - - 2.4 Statutory NPAT ($m) 53.4 2.7 0.1 56.2 Estimated
Slide 27: Pro forma Underlying NPAT for FY25
Pro forma Underlying NPAT for FY25 The FY25 pro forma results for the merged entity includes 12 months of earnings from Auswide Bank Auswide Bank MyState Bank TPT Wealth Corp. & Consol. MyState Group (pro forma) 2 Total operating income ($m) 139.5 85.1 14.8 0.1 239.5 Total operating expenses ($m) 93
Slide 28: Group home loan book
Group home loan book • Growth driven by lower risk owner occupied P&I lending with LVR <80% Home loan concentration by state • Variable rate lending as a proportion of total flow remained above 95% June 2025 • Improved run- off rates in second half but remain elevated compared to long run averages (
Slide 29: Prudent loan provisioning
Prudent loan provisioning • Credit quality remains strong, with the Group’s 90+ days home loan Collective credit provisions ($m) arrears improving over the year from 0.44% to 0.32% at 30 June 2026, well below sector averages 14.4 11.7 2.6 • An increase of $2.7m in the collective provision reflects g
Slide 30: Forward looking economic overlay assumptions
Forward looking economic overlay assumptions • Forward looking overlay increased to $3.7m (June 2025: $2.0m) Assumptions FY27 FY28 • The key assumptions used to determine the overlay reflect: Unemployment (year ended) ✓ a more challenging geopolitical and macroeconomic outlook Base Case 4.40% 4.70%
Slide 31: Capital, stock and flow metrics
Capital, stock and flow metrics Movement Stock metrics Jun- 26 1 Dec - 25 1 Jun- 25 2 30- Jun- 26 31- Dec - 25 30- Jun- 25 (Jun 26 – Jun 25) % $m $m $m $m Broker 83% 81% 84% Qualifying capital Proprietary 17% 19% 16% Common equity tier 1 capital (CET1) Owner occupied 80% 80% 81% Ordinary share capit
Slide 32: Glossary
Glossary 1H:First half of financial year FY: Financial year PCP: Previous corresponding period 2H: Second half of financial year FYTD: Financial year to date PPA: Purchase Price Allocation ADI: Authorised deposit - taking institution GLA: Gross Lending Assets RBA: Reserve Bank of Australia APRA: Aus
Slide 33: Disclaimer
Disclaimer Summary information Past performance not indicative of future performance The material in this Presentation is general background information about MyState Limited Past performance information, including past share price information, should not be relied upon as (ABN 26 133 623 962) and i
Slide 34: mystatelimited.com.au
MyStateLimited mystatelimited.com.au MyStateBank 7 3) auswipe = SI TPT Wealth