Slide 1: FY26 Results Investor Presentation
Steadfast Group FY26 Results Investor Presentation 25 August 2026
Slide 2: Contents
FY26 Results Investor Presentation Contents 03 FY26 Highlights 09 Steadfast Australasian broking 12 Steadfast Underwriting Agencies 15 Steadfast International businesses 18 Steadfast Technologies 22 FY26 Financial Summary 28 Outlook 32 Appendices 2
Slide 3: FY26 Highlights
FY26 Highlights 3
Slide 4: Continued strong track record since listing on ASX
Continued strong track record since listing on ASX Steadfast Group 1,2,3 4 5 Steadfast Australasian Networks GWP ($b) Steadfast Underwriting Agencies GWP ($b) Underlying EBITA ($m) 700 2.5 14 600 12 2.0 500 10 1.5 400 8 300 6 1.0 200 4 0.5 100 2 0 0 0.0 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 F
Slide 5: Proven, resilient and adaptable business model
Steadfast Group Proven, resilient and adaptable business model Statutory NPAT of Underlying NPAT1,2 of Underlying diluted EPS (NPAT) 1,2 of $269.1m $319.5m 28.8 cps (FY25 $334.9m) (refer slide 60) up 8.2% (FY25 $295.5m) up 7.7% (FY25 26.7 cps) Underlying EBITA1,2 of Underlying NPATA 1,2 of Underlyin
Slide 6: Scheme Implementation Deed (SID)
Scheme Implementation Deed (SID) Supporting Steadfast’s next phase of growth • Steadfast has entered into a SID under which Amwins, Dragoneer and KKR, have agreed to acquire all of the issued shares in Steadfast pursuant to a scheme of arrangement (“Scheme”) for cash consideration of $6.00 per share
Slide 7: Recent base premium cycle
Recent base premium cycle FY26 renewal price movement +2.0% .0% .0% 6.0% Base Premium Change % 5.0% .0% 3.0% 2.0% 1.0% 0% 1.0% 202 3 202 2025 1 2025 2 2025 3 2025 2026 1 2026 2 2026 3 2026 uarter of Inception Date 1 INSIGHT data comprises ~60% of Steadfast’s Network GWP (Australian brokers only). 7
Slide 8: Final dividend
Final dividend Underlying diluted EPS (NPAT) (cents per share) Total FY26 dividend of 20.95 cps (fully franked), up from 19.50 cps in FY25, +7.4% 32 30 28 26 Final FY26 dividend of 12.75 cps (fully franked), up from 11.70 cps 24 in FY25, +9.0% 22 20 18 16 Dividend Reinvestment Plan (DRP) will not ap
Slide 9: Steadfast Australasian Broking
Steadfast Australasian Broking 9
Slide 10: Steadfast broking – Australasian Network
Steadfast broking – Australasian Network Sustained growth and further broker acquisitions Financial highlights – FY26 • Australasian Broker Network GWP +6.2% to $13.2b FY26 vs FY25 • Professional Service Fees grew by +2.4% to $78.2m 1 GWP of $13.2b vs $ 12.5b +2.4% organic growth – broker network +3
Slide 11: Steadfast broking – Australasian Network
Steadfast broking – Australasian Network Solid underlying earnings growth of 13.2% Equity brokers and network Effective ownership EBITA Period-on- 12 months to 30 June 2026 Underlying Underlying period Organic Growth from FY26 83% $ million FY26 FY251 growth % growth % acquisitions % Net revenue 1,0
Slide 12: Steadfast Underwriting Agencies
Steadfast Underwriting Agencies 12
Slide 13: Steadfast Underwriting Agencies
Steadfast Underwriting Agencies Profitable growth achieved by maintaining underwriting discipline, active retention and targeted new business Financial highlights – FY26 • Steadfast Underwriting Agencies GWP +2.3% to $2.5b FY26 vs FY25 GWP of $2.5b vs $2.4b +2.3% total organic growth Steadfast Under
Slide 14: Steadfast Underwriting Agencies
Steadfast Underwriting Agencies Steadfast Underwriting Agencies Net 12 months to 30 June 2026 Underlying Underlying Period-on-period Organic acquisitions/disposals $ million FY26 FY251 growth % growth % % Net revenue 519.5 494.7 5.0% 4.6% 0.4% EBITA 260.8 247.8 5.2% 5.3% (0.1%) EBITA growth 300.0 $1
Slide 15: Steadfast International businesses
Steadfast International businesses 15
Slide 16: Steadfast International businesses
Steadfast International businesses Strategic growth FY26 operational highlights 2.5 years since the acquisition, ISU Steadfast • 17% net growth in members • Performing strongly, exceeded FY26 budgeted EBITA • 19% growth in consolidated GWP • 38 new members, 21 net of terminations, and introduced two
Slide 17: Steadfast International businesses
Steadfast International businesses Steadfast International businesses 12 months to 30 June 2026 Underlying Underlying Period-on-period Organic Growth from $ million FY26 FY25 growth % growth % acquisitions % Net revenue 108.5 55.5 95.4% 18.2% 77.2% EBITA 29.8 5.9 400.8% 171.6% 229.2% EBITA growth 35
Slide 18: Steadfast Technologies
Steadfast Technologies 18
Slide 19: OnePlatform key deliverables
Steadfast OnePlatform key deliverables Modernisation of our Insurtech offering to deliver a scalable, secure & modern solution that creates broker efficiencies and supports growth by delivering a unified Saas platform, enabling brokers and insurers to collaborate seamlessly across the insurance life
Slide 20: Powering the broker behind every protected client
Powering the broker behind every protected client
Slide 21: Steadfast Apps: Pipeline of new Broker Capability
Q3 2026 Q4 2026 Steadfast Apps: Pipeline of new Broker Capability Human (Broker) Centred Design validated with brokers before launch — via focus groups, STAC, & pilot brokers Q1 FY27 Q2 FY27 Q3 FY27 onwards • Risk coach • Rebrand and new UI • Client Relationship Management • SCTP modernisation • Das
Slide 22: FY26 Financial Summary
FY26 Financial Summary 22
Slide 23: Group financial performance
Group financial performance Solid underlying earnings growth Underlying earnings 12 months to 30 June 2026 Underlying Underlying Period-on-period $ million FY261 FY251,2 growth % Revenue ($m) 2,104.7 1,825.7 15.3% EBITA ($m) 669.8 588.6 13.8% NPAT ($m) 319.5 295.5 8.2% Diluted EPS (NPAT) (cents) 28.
Slide 24: Drivers of 13.8% growth in underlying EBITA
Drivers of 13.8% growth in underlying EBITA Organic and acquisition growth Acquisition Growth excl. Rothbury step-up: $27.5m /4.7% 720.0 $24.0m / 4.1% $25.7m / 4.4% $1.8m / 0.3% $81.0m / 13.8% $29.5m / 5.0% 620.0 520.0 420.0 $669.8m $588.6m 320.0 220.0 120.0 FY25 EBITA Organic Growth Acquisition of
Slide 25: Drivers of 8.2% growth in underlying NPAT
Drivers of 8.2% growth in underlying NPAT Acquisition Growth: $7.2m /2.4% 340.0 Millions $2.1m / 0.7% -$13.6m / -4.6% $18.7m / 6.3% 330.0 $24.0m / 8.2% 320.0 $16.8m / 5.8% 310.0 300.0 $319.5m 290.0 $295.5m 280.0 270.0 FY25 NPAT Organic Growth Acquisition Growth Acquisition Growth - Step-up Acquisiti
Slide 26: Statutory balance sheet
Statutory balance sheet $ million 30 Jun 26 30 Jun 25 Corporate debt facilities (excludes premium funding) increased, and recently extended as follows: Cash and cash equivalents 470 431 $ million Maturity Total Cash held on trust 1,351 1,172 Revolving May 2028 500 Premium funding receivables 822 800
Slide 27: Stable conversion of profits to cash
Stable conversion of profits to cash FY26 cash flow statement Cash flow summary¹ $ million FY26 FY25 Pre-tax cash flow from operating activities before 576.6 540.9 lease obligation payment Free cash flow of $166.6 million Less lease obligation payments (28.0) (19.9) Pre-tax cash flow from operating
Slide 28: Outlook
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Slide 29: Key FY27 Steadfast Group priorities
Key FY27 Steadfast Group priorities 1. Continue to execute on Steadfast Group growth strategy – both organic and inorganic. 2. Continue to drive Subsidiary performance oversight to improve earnings quality, drive margin expansion and recognise operational efficiencies through targeted revenue growth
Slide 30: FY27 guidance
FY27 guidance FY27 guidance range Underlying NPATA $382m - $392m Underlying NPAT $333m - $343m Underlying EBITA $700m - $715m Underlying diluted EPS (NPAT)1 growth 4% - 8% Underlying diluted EPS (NPATA) 1 growth 4% - 8% The guidance is subject to the following key assumptions: • Achieving 2% - 3% in
Slide 31: Questions
Questions 31
Slide 32: Appendices
Appendices Steadfast Group (slide 33) Steadfast Australasian Network (slide 38) Steadfast Underwriting Agencies (slide 47) Steadfast International Businesses (slide 49) Our insurTech (slide 55) FY26 detailed financials (slide 59) 32
Slide 33: Steadfast Group
Steadfast Group 33
Slide 34: Group
Steadfast Group Approximately 700 network brokers and agencies globally with ~AU$26b¹premium (excluding UnisonSteadfast) UK USA Australia ▪ Broker Network ▪ Specialist wholesale ▪ Agency Network ▪ MGAs broker ▪ Equity in agencies Singapore ▪ Complementary Businesses Germany ▪ Broker Network ▪ Equity
Slide 35: Business units focused on the intermediated general insurance market
Business units focused on the intermediated general insurance market Steadfast Group as at 30 June 2026 Steadfast Group (listed on ASX) Steadfast Australasian Steadfast International Steadfast Underwriting Agencies Complementary Businesses Broker Networks businesses 419 general insurance brokers wit
Slide 36: Size and scale
Size and scale Steadfast Group as at 30 June 2026 AUSTRALASIA USA UK SPECIALTY WHOLESALE BROKING UNDERWRITING AGENCIES AGENCY NETWORK UNDERWRITING AGENCY BROKER $1,028.8m $411.8m $519.5m $260.8m $108.5 m FY26 NET REVENUE FY26 UNDERLYING EBITA FY26 NET REVENUE FY26 UNDERLYING EBITA INTERNATIONAL NET
Slide 37: Group Strategy 2027 – 2029
Steadfast Group Strategy 2027 – 2029 Key pillars of our strategic plan Drive Shareholder Value TOGETHER, make Steadfast TOGETHER, deliver market- TOGETHER, pursue growth TOGETHER, strengthen a great place to work leading products, services & with an entrepreneurial industry relationships Our purpose
Slide 38: Steadfast Australasian Network
Steadfast Australasian Network 38
Slide 39: General insurance broker network operating in Australasia
General insurance broker network operating in Australasia Steadfast Australasian Network Steadfast Steadfast Network Strategy Australasian Network As the largest insurance broker network in Australasia, Exclusive to Steadfast Network brokers AU$13.2b ▪ Be the best solution for our clients’ needs Ste
Slide 40: Australasian Networks brokers have joined since IPO
Steadfast Australasian Networks 392 brokers have joined Steadfast’s Australasian Networks since IPO Number of Steadfast Network brokers1 700 177 51 650 77 600 31 550 34 23 500 199 27 2 20 450 419 400 350 300 276 250 200 August New brokers Allied NZ Insight IBNA Singapore & Asia Merged Sold externall
Slide 41: Australasian Broker Network
Steadfast Australasian Broker Network Broker office footprint The Steadfast Network is 13 comprised of Insurance Brokers & Authorised Representatives 65 Asia NT 419 2,096 broker offices QLD Across Australia, New Zealand WA and Asia SA NSW 544 161 419 Network Brokers 19 108 VIC ACT 172 AU$13.2b New Z
Slide 42: Australian Network
Steadfast Australian Network Australia – resilient SME client base 1,2 2 2 2 GWP mix Diversified by product line Diversified by geography Diversified by insurer Business pack 15% QBE 14% VIC 39% Strata 9% CGU 13% NSW 26% Micro (Policy size <$650) 1% Commerical motor 14% Allianz 10% Small Enterprise
Slide 43: Increasing Steadfast Group’s share of growing Network GWP
Increasing Steadfast Group’s share of growing Network GWP Steadfast Australasian Network • Since IPO, Steadfast has successfully implemented the dual strategies of growing our networks as well as increasing equity stakes in network brokers FY13 (IPO) FY26 Steadfast Network total GWP Steadfast Networ
Slide 44: The value of insurance broking continues to grow
The value of insurance broking continues to grow and remains a good investment Strong CAGR of premiums across Australian intermediated general insurance and Steadfast network market share1 90.00 80.00 70.00 60.00 50.00 40.00 30.00 20.00 10.00 0.00 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY
Slide 45: Commission Rate
Broker fee & commission (F&C) rates by class of risk Broker F&C trends over the premium cycle egend Casualty Commercial Domestic 9.1% .0% Broker ee Rate 6.0% . % .0% .3% 2.0% 0.0% 15.0% 13.0% Commission Rate 11.6% 10.0% 11. % 5.0% 0.0% 20.0% 20. % 1 . % Gross &C Rate 15.9% 10.0% 0.0% 202 3 202 2025
Slide 46: Insurance premium update
Insurance premium update Average base insurance premium increase in the period to 30 June 20261 • Average FY26 premium increase is 2.0% Risk Group Class of Risk Base Premium o Growth % % of Total Base Premium Grand ota asua t ota Liability 1.1% .6% Professional Risks 0. % 3. % Management Liability 0
Slide 47: Steadfast Underwriting Agencies
Steadfast Underwriting Agencies 47
Slide 48: Steadfast Underwriting Agencies
Steadfast Underwriting Agencies Highly diversified portfolio providing good sustainability and growth prospects Personal Strata Commercial Property, Specialist Commercial Specialty Insurances Insurance Insurance Liability, Finpro Insurances Insurances – Marine, Eng, Cyber 100% 98% 100% 87% 80% 80% 8
Slide 49: Steadfast International Businesses
Steadfast International Businesses 49
Slide 50: International companies
Steadfast International 4 companies Progress to date 6 countries 250+ people ~US$7 billion ~260 independent agencies 110 countries 305 members FY26 GWP US Network Members Referral Network Network Members US$174 million 2000+ agencies £230+ million 30 countries FY26 GWP FY26 GWP Global Clients Bindin
Slide 51: ISU Steadfast
ISU Steadfast United States of America In October 2023, Steadfast acquired 100% of ISU Group, a leading independent agency network in the USA. ISU Steadfast • ISU Insurance Agency established in 1979, ISU Network established in 2000 ISU Steadfast Snapshot • One of the largest and most reputable insu
Slide 52: HWS Specialty
HWS Specialty United Kingdom In December 2024, Steadfast acquired 100% of H.W. Wood, a specialist wholesale broker in London. HWS Specialty • Acquisition expands Steadfast Group’s London market capabilities • ffice in London to meet demands from broker networks for Lloyd’s products HWS Specialty Sna
Slide 53: Novum Underwriting Partners
Novum Underwriting Partners United States of America In August 2025, Steadfast completed the strategic acquisition of a majority stake in Novum, a specialty MGA and wholesale brokerage based in the USA • Novum is a technology-enabled underwriting agency focused on the development and Novum Snapshot
Slide 54: UnisonSteadfast
UnisonSteadfast ne of the world’s largest global general insurance broker networks, offering multi-jurisdictional coverage Referrals between Steadfast Network brokers and UnisonSteadfast to service 305 international clients members in Network UnisonSteadfast global network (based in Germany) 110 cou
Slide 55: Our insurTech
Our insurTech 55
Slide 56: Our insurTech
Our insurTech Steadfast Technologies Steadfast Client Trading Platform Insurebot SCTP is a digital marketplace which provides Steadfast Steadfast Apps is the latest innovation from Steadfast Insurebot is an online broker platform that streamlines Network insurance brokers with access to a variety of
Slide 57: Steadfast Client Trading Platform – benefits for clients, brokers and insurers
Our insurTech Steadfast Client Trading Platform – benefits for clients, brokers and insurers ▪ Market-leading technology – exclusive to Steadfast Network brokers, clients and participating insurers ▪ Benefits for clients: ꟷ Genuine contestable marketplace generating improved pricing, competition and
Slide 58: Insurer and underwriting agency partners on the SCTP
58 Our insurTech Insurer and underwriting agency partners on the SCTP AUBusiness [AIG] Allianz@ © BueZebra cHUBS @ Hollard. ) k pect vero!’ = @zuricu Nzeusiness os] cHuee deta WA @ ve! Commercial anianz@ sueZebra ©) Hollard. mth @ vero’ @zuricu Home, Landlord, sucZebra. «GQ Hollard. Private Motor IS
Slide 59: FY26 detailed financials
FY26 detailed financials 59
Slide 60: Reconciliation of statutory NPAT to underlying NPAT
Reconciliation of statutory NPAT to underlying NPAT 12 months to 30 June 2026 $ million FY26 FY25 Statutory NPAT 269.1 334.9 Adjustments for non-trading items (net of tax and NCI): Net deferred/contingent consideration expense (excluding Rothbury and Sure Insurance) 16.2 8.8 Net adjustment relating
Slide 61: FY26 Segment Disclosure
FY26 Segment Disclosure 12 months to 30 June 2026 Underwriting Head Interco / Broking International Technology Complementary1 Total $ million Agencies Office Reclassification Fees and commissions 896.5 473.5 88.4 7.6 (0.0) 0.0 311.4 1,777.4 Interest income 41.9 11.1 1.4 0.2 - 4.4 - 59.0 Other revenu
Slide 62: Reconciliation of statutory to underlying earnings
FY26 detailed financials Reconciliation of statutory to underlying earnings 12 months to 30 June 2026 Total statutory Reclassifications1 Non-trading items Total underlying $ million Fee and commissions income 1,555.8 221.6 - 1,777.4 Interest income 59.0 - - 59.0 Other revenue 178.4 122.9 (33.0) 268.
Slide 63: Statement of underlying income
FY26 detailed financials Statement of underlying income 12 months to 30 June 2026 Underlying Underlying Period-on-period Organic Acquisitions & $ million FY26 FY25 growth % growth %2 hubbing growth %3 Fees and commissions1 1,77.4 1,517.7 17.3% 3.6% 13.7% Interest Income 59.0 60.2 (2.0%) (6.3%) 4.3%
Slide 64: Statement of income (underlying)
FY26 detailed financials Statement of income (underlying) 12 months to 30 June 2026 Underlying Underlying Underlying Underlying Underlying Underlying $ million 2H26 1H26 2H25 1H25 2H24 1H24 Fees and commissions1 934.3 843.1 793.8 720.9 744.4 661.1 Interest Income 29.5 29.5 27.3 32.9 25.6 23.8 Other
Slide 65: Statutory cash flow statement
FY26 detailed financials Statutory cash flow statement $ million FY26 FY25 $34.7m free cash flow in FY26 $ million Cash flows from operating activities Cash from operations 1 576.6 Net cash from operating activities before customer 436.6 393.6 Less lease obligation payments (28.0) trust account and
Slide 66: Important notice
Important notice This presentation has been prepared by Steadfast Group Limited (“Steadfast”). This presentation contains information in summary form which is current as at 25 August 2026. This presentation is not a recommendation or advice in relation to Steadfast or any product or service offered
Slide 67: Steadfast
<> Steadfast THE STRENGTF YOU NEED