Australian Vintage Ltd · ASX:AVG
Australian Vintage — Shareholder Meeting (November 2025)
20 slides from Australian Vintage's shareholder meeting presentation, Nov 12, 2025
Slide 1: AVG AGM Addresses & Presentation
12 November 2025 ASX ANNOUNCEMENT AVG AGM ADDRESSES & PRESENTATION Australian Vintage Limited (ASX: AVG) will today address shareholders at its Annual General Meeting to be held as a physical meeting, commencing at 2.00pm Sydney Time. Attached is a copy of the addresses to be delivered by Chairman,
Slide 2: Annual General Meeting
ANNUAL GENERAL MEETING 12 NOVEMBER 2025 1
Slide 3: Board of Directors
Board of Directors James Williamson Margaret Zabel Michael Byrne Elaine Teh Chairman Non-Executive Director Non-Executive Director Non-Executive Director 2
Slide 4: Disclaimer
Disclaimer The presentation has been prepared by Australian Vintage Limited (ACN 052 179 932) (“AVG”) (including its subsidiaries, affiliates and associated companies) and provides general background information about AVG’s activities as at the date of this presentation. The information does not pur
Slide 5: Agenda
Agenda 1) Chairman’s address 2) CEO’s address 3) Formal proceedings and shareholder questions 4
Slide 6: Highlights: full year 2025 results
Highlights: full year 2025 results • Generated $257M revenue, increased EBITDAS to $15M • Cost out programs, innovation and market expansion reducing cash outflow with a trajectory to achieve full year cash neutrality in FY26 • Investment in innovation and growth in lighter varietals mitigating the
Slide 7: FY26 plans are two pronged: core brands and new brands
FY26 plans are two pronged: leveraging our core, more traditional brands, whilst launching new brands to go after new growth spaces 8
Slide 8: Evolving consumer landscape: innovation and agility delivering profitable growth
Evolving consumer landscape: groundbreaking innovation and company agility is delivering profitable growth in global markets Reimagining how people The growing Strategic acquisition to shop and share wine “aperitivo occasion” strengthen portfolio • Delivering $15M in revenue in year one and upside •
Slide 9: Core branded portfolio: critical to long term stability and breadth of range
Core branded portfolio: critical to long term stability and breadth of range • Maintaining and improving market share of core brands in all key geographies • Premium brands Nepenthe, Tempus Two, BVWC, CAGR growth of +15%, +4%, +8% respectively since FY20 • High profit zero alcohol wines +71% CAGR si
Slide 10: Our impact progress: sustainability
Our impact progress: sustainability means more than just the environment at AVG, it is about our people and the communities we live and work within Environment Social Governance Nurture Nature Thriving People Meaningful Growth • Total GHG Reductions of 13% from • Reduced our total recordable injury
Slide 11: Outlook: sales and free cash flow on track
Outlook: sales and free cash flow on track First half sales in line with budget. Higher cash out in first half of The Group will deleverage Sales growth anticipated for H2. ~$35m, compared with $18m last significantly in H2 as forecasted year, in line with cash flow delivering neutral cash flows for
Slide 12: Summary: driving sales growth of 5-7% and free cash flow neutrality
Summary: driving sales growth of 5-7% and delivering free cash flow neutrality • Maintaining core brands in a softening wine market • Investing in margin accretive innovation to drive revenue growth • Expanding and accelerating global launch and ranging of Poco Vino and Lemsecco innovation • Embeddi
Slide 13: Formal Proceedings
Formal Proceedings 14
Slide 14: Proxy Results
Proxy Results Item of Business Total Votes For Against Open Lodged Re-election of a Director – Michael Byrne 100,029,350 96,239,277 2,207,647 1,582,426 96.21 2.21 1.58 Appointment of Auditor 98,165,945 96,173,891 415,263 1,576,791 97.98 0.42 1.60 Adoption of Remuneration Report 98,323,037 93,528,600
Slide 15: Thank You
atl Thank You Ny AUSTRALIAN VINTAGE
Slide 16: Chairman's Address – James Williamson
Chairman’s Address – James Williamson In FY25, the renewed Board embarked on a comprehensive review of the company’s strategy and refocussed it on generating free cash flow and positioning the company on a sustainable growth trajectory. Immediate actions were taken by the management team to reduce f
Slide 17: CEO Address – Tom Dusseldorp
CEO Address – Tom Dusseldorp Thank you James, and hello, shareholders. It’s a pleasure to be here. Firstly, I wanted to thank shareholders for the support and engagement in my transition to CEO of Australian Vintage in May 2025. From day one, my clear objective was to ensure all aspects of the busin
Slide 18: CEO Address: new innovations Poco Vino and Lemsecco
As the consumer landscape continues to evolve, I was pleased to introduce some of our new innovations to the world this year, namely Poco Vino and Lemsecco. Poco Vino’s net sales expectations continue to grow each week as sales are realised. To set the scene, we have sold over 100,000 bottles in the
Slide 19: CEO Address: pillar brands and sustainability
As a key driver of profit, AVG maintained pillar brand revenue at 78% of total revenue in FY25 (65% in FY20). Since FY20, AVG has consistently grown pillar brands share of value with a CAGR of Tempus Two +4%, Nepenthe +15%, Barossa Valley Wine Company +8%, high profit zero alcohol wines +71%, whilst
Slide 20: CEO Address: first half sales and net debt outlook
Sales at the first half are expected to be flat with prior year, as our recently launched disruptive innovation offsets the market declines in commercial reds. However, second-half sales are expected to exceed prior-year results, driven by six full months of innovation and revenue from MadFish. This
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