Origin Energy Limited · ASX:ORG
Origin Energy — Shareholder Meeting (October 2025)
25 slides from Origin Energy's shareholder meeting presentation, Oct 15, 2025
Slide 1: Chair Address
Chair Address Annual General Meeting 15 October 2025 Good morning, ladies and gentlemen, and welcome to Origin Energy's Annual General Meeting for 2025. It is my privilege to address you today as Chair. On behalf of the Board, I thank you for joining us, whether here in person or online via the webc
Slide 2: Chair Address (continued): financial results and CTAP
The operating environment this past year was notable for the contrast between an increase in announced renewable projects and the realities of further delays in project delivery driven by regulatory approvals, cost inflation, and the timing of enabling infrastructure. The level of investment, activi
Slide 3: Chair Address (continued): Eraring, communities, directors
• Progressing community batteries, electric vehicle subscriptions, acquiring the SolarQuotes business to support adoption of behind-the-meter solutions and continued growth in our virtual power plant. In 2024, we announced an agreement with the NSW Government for the planned and progressive closure
Slide 4: Chair Address (concluding)
Maxine has made a significant contribution to Origin, and on behalf of the Board we sincerely thank Maxine for her dedication and service and wish her well for the future. Our achievements this year would not have been possible without the dedication and hard work of our CEO, management team, and th
Slide 5: CEO Address
CEO Address Annual General Meeting 15 October 2025 Good morning, and a warm welcome to our shareholders attending in Sydney and those joining via the webcast. Over the past year, Origin has continued to navigate a dynamic and rapidly evolving energy landscape. We are pursuing our ambition to lead Au
Slide 6: CEO Address (continued): customers and operations
We continue to focus on increasing the breadth of our offerings for customers. As Australians’ uptake of distributed energy services like rooftop solar and batteries continue to grow, connection to our virtual power plant, which is now 1.5 GW across more than 393,000 connected services, provides opp
Slide 7: CEO Address (continued): strategy, guidance and policy
We remain focussed on executing our strategy at speed across three key pillars: unrivalled customer solutions, growing renewables and storage, and providing reliable energy supply to Australian homes and businesses through the transition. Today, I am pleased to reaffirm the FY26 guidance provided at
Slide 8: CEO Address (concluding): safety and closing
From a safety perspective, our Total Recordable Injury Frequency Rate increased from 4.1 to 4.4 in FY25. While our aim is always for zero harm to our workforce, the trend reflects a combination of factors, including increased operational activity and improved reporting practices. We conducted review
Slide 9: 2025 Annual General Meeting
2025 Annual General meeting 15 October 2025
Slide 10: Chair address
Chair address Scott Perkins 15 October 2025
Slide 11: Welcome to the 2025 AGM
Welcome to the 2025 AGM 3 1. Positioned to benefit from the energy transition 2. Review of financial performance 3. Climate Transition Action Plan 4. Supporting communities 5. Board appointments
Slide 12: Positioned to benefit from the energy transition
Positioned to benefit from the energy transition 4 • Solid across the board performance in FY25 • Valuable portfolio positioned to benefit from the transition: - Largest fleet of gas peaking plants - Advanced Virtual Power Plant - $1.7 billion in battery investments - Transmission access rights for
Slide 13: FY25 financial performance
FY25 financial performance 5 • Strong operational and financial A$ per share ORG share price vs ASX50 performance 14 12 • Reflects strength of diverse 10 8 portfolio 6 4 • Increased shareholder 2 0 distributions: - 60 cents per share in total dividends for FY25 Origin share price ASX50 (Rebased to s
Slide 14: Climate Transition Action Plan 2025
Climate Transition Action Plan 2025 6 Our ambition • Updated from initial plan Long-term ambition to achieve net zero Scope 1, 2 and 3 emissions supported by shareholders in by 2050 2022 Our targets Medium-term targets to support the • Affirmed long-term ambition to be transition (by 2030) net zero
Slide 15: Supporting communities
Supporting communities 7 • Origin Foundation contributed more than $4 million to community initiatives • $31 million in local community contributions to be granted over life of Yanco Delta Wind Farm • Australia Pacific LNG invested $2 million to support community and environmental projects in Queens
Slide 16: Concluding remarks
Concluding remarks 8 • Board renewal progressing • Executing our strategy at speed • Positioned well to navigate the energy transition and benefit from the opportunities it presents • Thank you for your continued support
Slide 17: CEO address
CEO address Frank Calabria 15 October 2025
Slide 18: Outline
Outline 10 1. Financial performance 2. Operational highlights 3. Outlook 4. Policy priorities 5. Conclusion
Slide 19: Financial performance
Financial performance ADJUSTED NET DEBT/ EBITDA (ROLLING 12 MONTH) 1.9x Up from 1.0x at 30 June 2024 ORIGIN ROCE (24 MONTH ROLLING) (PRE TAX) 14.6% Energy Markets ROCE 11.3% Integrated Gas ROCE 23.5% * FINAL DIVIDEND 3O0cps 60cps fully franked for year ended 30 June 2025 Up from 55cps declared in FY
Slide 20: Operational highlights
Operational highlights 12 Customers Communities Planet • 69.4% Customer Happiness Index • $404.1m in regional procurement • CTAP targets & ambitions reaffirmed • $38m spent on customer hardship • $20.3m spend with First Nations suppliers • Secured ~1.5 GW access • Increasing breadth of products righ
Slide 21: Outlook – all market guidance remains unchanged
Outlook – all market guidance remains unchanged 13 Summary of FY26 guidance: • Energy Markets Underlying EBITDA at $1,400 – $1,700 million • Australia Pacific LNG production at 635-680 PJ • LNG Trading gains of $100 - $150 million1 • Octopus Energy Underlying EBITDA at $0 - $150 million Guidance is
Slide 22: Policy reform needed urgently, major reviews underway
Policy reform needed urgently, major reviews underway 14 Advocating for stable, long-term frameworks that: • Encourage necessary investment in supply • Support climate goals • Minimise the cost of the transition for customers
Slide 23: Well placed to benefit from the transition
Well placed to benefit from the transition 15 Customer Energy supply Energy resource Octopus & Kraken Largest domestic retail Largest thermal peaking APLNG, a world class LNG Leading customer position, trusted brand, fleet, diverse supply asset backed by strong experience, brand and world class plat
Slide 24: 2025 AGM proxy summary as at proxy close
2025 AGM proxy summary as at proxy close 16 Proxy’s Item of Business For Against Abstain* Discretion 1,223,881,424 1,066,703 8,281,933 2. Election of Ms Fiona Hick 1,151,871 99.24% 0.09% 0.67% 1,223,559,036 1,180,881 8,346,935 3. Election of Mr Stephen Mikkelsen 1,295,109 99.22% 0.10% 0.68% 1,219,24
Slide 25: Thank you
Thank you