Slide 1: MOVE Logistics Group Limited FY26 Results
MOVE LOGISTICS GROUP LIMITED FY26 RESULTS Paul Millward, Chief Executive Officer Lee Banks, Chief Financial Officer 25 August 2026 FY26 Results Presentation 1
Slide 2: Agenda
Agenda • FY26 at a glance • New Horizons roadmap • Business performance • Financial results • Outlook • Q&A FY26 Results Presentation 2
Slide 3: Delivered on financial target: positive full year normalised earnings
Delivered on financial target: Positive full year normalised earnings Positive free cashflow, return to profit after tax Improved performance from all businesses, three of four divisions delivering profit, Warehousing remains sub-par Reset phase complete → Step Up underway FY26 Results Presentation
Slide 4: FY26 Overview
FY26 Overview Return to profit as Reset Phase completed and Step-Up underway Revenue Normalised EBT1 NPAT4 $290.6m +1.5% $1.6m +$11.6m $0.3m +$15.9m FY25: $286.3m FY25: $(10.0)m FY25: $(15.6)m Free Cashflow EBT Net Debt $6.3m +194% $1.5m +$15.7m $10.4m FY25: $2.1m FY25: $(14.2)m Improved by 38% FY25
Slide 5: Strategy & Business Performance
STRATEGY & BUSINESS PERFORMANCE FY26 Results Presentation 5 5
Slide 6: New Horizons 4-year Roadmap: FY25 to FY28
New Horizons 4-year Roadmap: FY25 to FY28 RE-SET STEP UP STAND OUT FY25 - FY26 COMPLETED FY26 – FY27 FY28 A strong foundational platform Customer value and operational Preferred logistics provider; excellence; smart business growth scaling up; a market leader Completed the Accelerate • Win with cust
Slide 7: Reset phase completed
Reset phase completed Meaningful improvement since June 2024 Outcomes Total Income Gross Margin % ✓ Significantly improved financial 301.7 288.7 294.9 29.2 29.4 position 25.1 ✓ Right-sized network and team ✓ $27m cost-focused transformation FY24 FY25 FY26 FY24 FY25 FY26 completed ✓ Stronger pricing
Slide 8: FY26 Operating backdrop
FY26 Operating backdrop Uneven market recovery impacting on customer demand Economic environment • Economy moved from recession to early stage recovery Indicator YOY Trend but improvement remained modest and uneven across sectors Cost inflation ⚫ • Positive trends in 1H translated to increasing cust
Slide 9: Business Divisions - Summary
Business Divisions - Summary Division Revenue YOY NEBT YOY Freight & Fuel $198.6m ↑ 5.2 % $3.2m ↑$4.9m Warehousing $41.3m ↓23.0% $(5.1)m ↑$0.7m Specialist $19.9m ↑9.4% $3.0m ↑$0.6m International $30.7m ↑19.8% $4.4m ↑$4.0m NEBT – normalised earnings before tax Due to rounding, numbers may not add up
Slide 10: Freight & Fuel
Freight & Fuel Revenue: $198.6m Normalised EBT: $3.2m Successful Freight turnaround delivering revenue and earnings momentum – three years of earnings growth Revenue Freight 198.6 NZ$m 188.8 • Focus on retention and winning new business driving momentum 177.7 • Revenue and earnings continue to grow
Slide 11: Warehousing
Warehousing Revenue: $41.3m Normalised EBT: $(5.1)m Sector and business remains challenging; performance below par; turnaround plan underway with significant structural cost-out achieved Revenue 80.0 • Performance remains well below expectations 53.7 NZ$m 41.3 • Sector challenges continue with exces
Slide 12: Warehousing turnaround
Warehousing turnaround Clear plan and priorities in place Focus Current FY27 Action • Win customers in targeted sectors and Sales and customer locations Insufficient scale experience • Strengthen customer experience – people, technology (new portal), DIFOT Customer mix Concentrated • Improve sector
Slide 13: Specialist
Specialist Revenue: $19.9m Normalised EBT: $3.0m Strongest FY result in three years Revenue • Multiple new projects commenced in 2H26 17.0 18.2 19.9 • Continuing demand for expert services in a tighter market NZ$m • Considered experts in energy generation sector • Increasing work undertaken on proje
Slide 14: International
International Revenue: $30.7m Normalised EBT: $4.4m Three consecutive years of improvement, Oceans in profit Revenue Oceans 25.7 30.7 NZ$m 19.1 • Trans-Tasman shipping demand continues to grow • Filling excess capacity with coastal shipping where opportunity arises FY24 FY25 FY26 • New cornerstone c
Slide 15: Financial Results
FINANCIAL RESULTS FY26 Results Presentation 15
Slide 16: FY26 Group Summary
FY26 Group Summary Revenue +1.5% YOY $Millions FY26 FY25 Var 293.9 286.3 290.6 Revenue 290.6 286.3 4.3 ↑ $M Normalised 47.7 42.1 5.6 ↑ EBITDA1 Normalised EBT1 1.6 (10.0) 11.6 ↑ FY24 FY25 FY26 NPAT2 0.3 (15.6) 15.9 ↑ 3 Normalised Earnings Before Tax (NEBT)1 EPS (cps) 0.25 (12.21) 12.46 ↑ Return to po
Slide 17: Gross Margin
Gross Margin Gross Margin % +0.2pp YOY 4.1pp 0.2pp • Gross margin dollars and percentage the % highest in three years • Continued gross margin expansion in 1H, FY24 FY25 FY26 under pressure from cost inflation in 2H26 • Reset phase has created stronger operating leverage for when demand recovers – l
Slide 18: Structural cost out now embedded
Structural cost out now embedded Total Expenses Total expenses broadly in line YOY despite inflationary pressure • Structural cost savings now embedded 7.4 • Continued focus on efficiency, productivity and utilisation 2.8 • Transport costs increased YOY reflecting 287.4 0 -1.2 transition to owner-dr
Slide 19: Normalised EBT $1.6m: return to profit
Normalised EBT $1.6m Return to profit • Returned to profit in FY26 1.4 1.6 1.5 • NEBT $1.6m: improved by $27.2m in -0.1 4.0 0.6 two years since FY24 0.7 4.9 $M Key drivers of NEBT improvement 4.2 -10.0 • All businesses delivered improved performance: Three of four divisions delivered profit, Warehou
Slide 20: Operating cashflow and net debt
Operating cashflow and net debt Operating cashflow up $7.3m YOY 47.7 • Reduction in net debt (down $6.3m YOY) (0.7) • Disposal of surplus assets supporting net (9.5) (0.2) 2.7 debt reduction (3.6) (0.9) • Improvement in free cashflow up $4.2m $M YOY to $6.3m • Continued focus on cost management acro
Slide 21: Balance Sheet Summary
Balance Sheet Summary • Strengthened balance sheet $m FY26 FY25 • Committed new $22m invoice finance facility Trade and other receivables 42.2 34.7 with BNZ to commence in 2026 – will deliver Trade and other payables (30.0) (25.0) finance cost savings from 2H27 Working Capital excl current lease lia
Slide 22: Looking Forward
LOOKING FORWARD FY26 Results Presentation 22 22
Slide 23: FY27 Outlook: Clear plan in place
FY27 Outlook Clear plan in place Market recovery • Win in market – grow scale profitably expected but pace and timing remain uncertain • Accelerate Warehouse turnaround • Strengthen core Freight business Positioned to capitalise • Margin expansion through operational and on market recovery commercia
Slide 24: Discussion
DISCUSSION FY26 Results Presentation 24 24
Slide 25: Appendices
APPENDICES FY26 Results Presentation 25 25
Slide 26: Sound Business Fundamentals
SOUND BUSINESS FUNDAMENTALS One of the largest providers in the NZ market Multi-modal, end to end supply chain solutions Customer focused, culture of service excellence Experienced and passionate team Competitive, value for money, reliable and resilient provider Strong long term market dynamics and
Slide 27: Financial Measures
Financial Measures MOVE Logistics Group uses several non-GAAP measures when discussing financial performance including EBITDA, Normalised $Millions FY26 FY25 EBITDA and normalised EBT. The company believes these provide a better reflection of the company’s underlying performance. These Net profit/(l
Slide 28: Our vision and mission
MOVE is one of the largest domestic freight, warehousing and logistics solutions providers in New Zealand Our vision: To be the preferred freight and logistics company in Aotearoa New Zealand Our mission: To keep our customers moving FY26 Results Presentation 28
Slide 29: Our Goals
Our Goals A STRONG TEAM DELIGHT OUR EFFECTIVE USE FINANCIAL THAT DELIVERS CUSTOMERS OF ASSETS STRENGTH AND VALUE CREATION FY26 Results Presentation 29
Slide 30: MOVE makes logistics easy for customers
MOVE makes logistics easy for customers MARKET LEADER IN 3PL PROVIDER SPECIALISED SERVICES FREIGHT WAREHOUSING INTERNATIONAL FUEL SPECIALIST One of the largest Contracted solutions Global logistics Our specialist road We move domestic freight for customer specialists, providing tanker division is ov
Slide 31: Our leadership team has broad and deep experience
Our leadership team has broad and deep experience Paul Millward Lee Banks Steph Rigter Ricky Clark Nick Ward CEO CFO GM People & Culture GM Freight GM Technology Hayden Garing Hayley Hamilton Marc Blackburn Mike Brough Warwick Bell GM Fuel Operations Interim GM Warehousing GM Sales GM Oceans & GM Sp
Slide 32: Disclaimer
Disclaimer This presentation has been prepared by MOVE Logistics Group Limited (“MOV”). The information in this presentation is of a general nature only. It is not a complete description of MOV. This presentation is not a recommendation or offer of financial products for subscription, purchase or sa