Slide 1: FY25 Financial Results
FY25 | YEAR ENDING 30 SEPTEMBER 2025 FINANCIAL RESULTS
Slide 2: H&G Becomes Schoolblazer Limited
H&G BECOMES SCHOOLBLAZER LIMITED The Trutex acquisition is the catalyst for H&G to become a streamlined global school uniforms business Hancock & Gore* STRATEGIC REPOSITIONING OF H&G Core Strategic Focus - H&G will seek shareholder approval at its Investments FY25 AGM to change its name to Schoolbla
Slide 3: Completing the Schoolblazer Group Platform
COMPLETING THE SCHOOLBLAZER GROUP PLATFORM Schoolblazer Group has multiple pillars for long term global growth Schoolwear focus Schoolwear 94% Other 6% Valuable Brands International Growth Markets Ownership of globally Established presence in recognised schoolwear international markets - sales in 35
Slide 4: Experienced Leadership Team
EXPERIENCED LEADERSHIP TEAM Schoolblazer Group has a high calibre, experienced leadership team with deep industry expertise TIM JAMES MATTHEW EASTER LOUISE CROFTS UMAR KHAN Executive Chairman CEO COO CFO Co-Founder of Schoolblazer Joining Trutex in 2010, Matthew Experienced retail leader with Joined
Slide 5: Our Platform
OUR PLATFORM We are building a global platform of brands and channels to maximise market penetration and coverage Online Value and TT International Retail Bricks & Mortar and School Shops Online Premium Primary Channel Brand Uniform Brand Sportswear Brand GLOBAL SOURCING CONSISTENT IT PLATFORM STRON
Slide 6: Schoolblazer Innovative Model
SCHOOLBLAZER INNOVATIVE Capability aligned with the complex needs of schools, students and parents MODEL Convenience Service Trusted Brands Sustainability Global Environmental Goals E-commerce model 4.9 score Global schoolwear brands: Commitment to delivers direct to parents Ethical Sourcing & stude
Slide 7: Expanded Global Reach
EXPANDED GLOBAL REACH Schoolblazer Group now has presence in multiple large markets with a long runway of growth LONG RUNWAY Market share <5% for all markets Schoolblazer Group operate in ~A$2.5bn1 SCHOOLBLAZER GROUP SALES2 ~A$400m United Kingdom | ~A$100m Australia | ~A$45m ~A$7bn Rest of World | ~
Slide 8: Growth Drivers
GROWTH DRIVERS Sustainable earnings growth through scale efficiencies and multiple growing revenue channels Future Growth Market Share in Rollout of Existing Segments Schoolblazer model and Limitless brand in Continued growth in Australia and New Supply Chain existing Zealand - four school Schoolbla
Slide 9: FY25 Financial Highlights
FY25 FINANCIAL HIGHLIGHTS Transitioning from Investment Accounting to Consolidated Accounting Scaling Revenue Profitability and Cashflow Pro-forma sales of $181m in FY251 FY25 Underlying Pro-forma EBITDA of $17.6m2 Global Schoolwear sales of $171m, up 4% on FY24 (Pre-AASB16 basis) up from $17.1m in
Slide 10: Schoolblazer Group Financials
SCHOOLBLAZER GROUP FINANCIALS Strong revenue scale and baseline earnings in a transition year with efficiencies to come FY25 FY24 Schoolblazer Schoolblazer Schoolblazer P&L Summary (A$m) Mountcastle Trutex SBG (excl.SBA) SBG (incl. SBA) UK Australia Group Revenue 56.2 53.2 72.1 181.4 181.4 177.7 COG
Slide 11: Schoolblazer Group Financials
SCHOOLBLAZER GROUP Strong balance sheet with funding capacity for growth FINANCIALS Balance sheet (A$m) 30 Sep 2025 Balance sheet strength: Cash 11.2 SBG remains well-capitalised to support investment and growth Stock 64.3 Borrowings are a combination of long dated term debt (March 2028 maturity) an
Slide 12: Investment Portfolio
INVESTMENT PORTFOLIO Accelerated realisation to support Schoolblazer Group and repay deferred consideration Portfolio as at 30 Sep 25 (gross assets)1 Balance Sheet Simplification to Support Schoolblazer Group H&G has realised $32 million investment assets during FY25 which has funded the Trutex acqu
Slide 13: H&G Financials
H&G FINANCIALS Statutory NPAT loss driven by investment losses as the portfolio was rationalised to fund Schoolblazer Group P&L (A$m) FY25 FY24 Balance Sheet (A$m) Sep 25 ‘3030Sep 24 Revenue from continuing operations 10.3 7.3 Cash 2.0 16.5 Fair value gains / (losses) (9.7) 3.4 Listed Investments 9.
Slide 14: Corporate Snapshot
CORPORATE SNAPSHOT BALANCE SHEET CAPITAL STRUCTURE SUBSTANTIAL SHAREHOLDERS H&G Head Company As at 30 Sep 2025 Ordinary Shares 519.4m (% of SOI) Investment Portfolio and Cash¹ $26.6m Loan Funded Incentive Shares¹ 23.0m Perennial Value Management 14.1% Deferred Consideration $26.0m Schoolblazer Group
Slide 15: Important Notices
IMPORTANT NOTICES Not investment advice The information contained in this presentation is not investment or financial product advice (nor tax, accounting or legal advice) nor is it a recommendation to acquire securities in HNG. This presentation does not and will not form any part of any contract fo
Slide 16: Sbg:
Sbg: schoolblozer group MR. SANDY BEARD EXECUTIVE CHAIRMAN 0412 308 263 www.hancockandgore.com.au HANCOCK & GORE