Freightways Group Limited · NZX:FRW
Freightways — Shareholder Meeting (October 2026)
35 slides from Freightways's shareholder meeting presentation, Oct 29, 2026
Slide 1: Freightways Annual Shareholders Meeting 2026
Freightways Annual Shareholders Meeting 2026 NZ X | ASX: FRW
Slide 2: Chairman's Address
2 FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 David Gibson Chairman’s Address
Slide 3: Agenda
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Agenda 1. Procedural matters 2. Chairman’s address 3. CEO’s strategy & trading update 4. Questions 5. Resolutions 3
Slide 4: Shareholder & Proxy Holders Q&A Participation & Voting
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Shareholder & Proxy Holders Q&A Participation & Voting Online Questions: Voting: If you have a question to submit during the live meeting, Once the voting has been opened, the resolutions and please select the Q&A tab on the right half of your screen at
Slide 5: FY26 Performance
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 FY26 Performance Our businesses have remained resilient in a complex economic environment. Activity levels lifted in Q2 and Q3 across most lines of business, but then quickly fell as higher fuel prices impacted consumer demand. We promptly adjusted ou
Slide 6: Financial Highlights
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Financial Highlights Revenue * EBITA growth NPAT growth * EBITA margin 13.5% 14.6% 17.3% 12.4% to $1,463.6m to $181.6m to $94m from 12.3% FY25 Cash Generated from Basic earnings Net Debt/ Dividend (FY) Operations per share EBITDA 12.5% 14.9% 17.2% 2.4X
Slide 7: Australia Growing as a Contributor to Group Results
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Australia Growing as a Contributor to Group Results Revenue FY26 Revenue FY25 AU AU 39% 36% NZ NZ 61% 64% EBITA FY26 EBITA FY25 AU AU 38% 34% NZ NZ 62% 66% 7
Slide 8: Leverage Reflects Acquisition Of VTFE From Feb
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Leverage Reflects Acquisition Of VTFE From Feb 26 Net Debt to EBITDA Gearing (Net Debt / Equity) 4.0 70% 3.5 60% 3.0 50% 2.5 40% Times 2.0 30% 1.5 20% 1.0 0.5 10% - 0% FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Net debt to EBI
Slide 9: Dividend FY26
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Dividend FY26 FY26 Final FY25 Final Dividend Dividend FY26 Dividend 12.5% 24 cps 21 cps (FY 45cps) (FY 40cps) post IFRS16 Dividends: (cps) 50 40 30 20 10 Notes: • cps = Cents Per Share - Final 0 dividend of 24cps, fully imputed in 2004 2005 2006 2007 20
Slide 10: Conclusion
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Conclusion Freightways has continued to deliver through the cycle despite an extended challenging economic period We have continued to invest in the business to position it for future growth; – With network investment in Christchurch and Palmerston
Slide 11: Strategy & Trading Update
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 11 Mark Troughear Strategy & Trading Update
Slide 12: Our Blueprint
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 12 Our Blueprint
Slide 13: Three Horizons of Growth
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Three Horizons of Growth Key Strategic Initiatives Express Package Temperature Controlled Information Management Waste Renewal Drive profitable market Target opportunities that Improve utilisation of the Optimisation of the network share gains i
Slide 14: Q1 FY27 Trading Update
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 14 Q1 FY27 Trading Update
Slide 15: Q1 FY27
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 FY27 • Fuel prices fluctuated but generally remained elevated through Q1 • High fuel prices have the dual impact of; – elevating revenue and costs (through fuel adjustment factors that recover fuel costs) – dampening consumer demand – particularly fo
Slide 16: Q1 Consolidated Performance - Unaudited
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 Consolidated Performance - Unaudited Revenue growth driven by higher fuel recovery in EP&BM and the addition of VTFE Q1 FY27 Q1 FY26 Change Notes $m $m % Continued to win market share and in most Operating Revenue 408.3 347.1 17.6 cases have been
Slide 17: Q1 Express Package & Business Mail - Unaudited
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 Express Package & Business Mail - Unaudited Strong revenue growth of 20% with key contributors being; Q1 FY27 Q1 FY26 Change VTFE 9% Notes $m $m % Fuel 5% Operating Revenue 346.0 288.0 20.1 Post Haste and DX Mail brands performed EBITDA (non-
Slide 18: Q1 FY27 NZ Express Package Network Volume
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 FY27 NZ Express Package Network Volume New Zealand Q1 FY27 Network Q1 FY27 Item growth of 2.9% for Q1 – +2.6% from net market share gains Items v pcp Revenue growth (wins – losses) – Same customer volumes were 2.9% 8.3% marginally positive at +0.3%
Slide 19: Q1 FY27 Allied Express Package Volume
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 FY27 Allied Express Package Volume Australia Revenue for Q1 up 8% due to pricing, Q1 FY27 Network Q1 FY27 fuel recovery and a larger item profile Items v pcp Revenue growth1 This revenue growth was achieved off Flat 8% flat Q1 volumes (a 6% organ
Slide 20: Q1 Information Management - Unaudited
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Q1 Information Management - Unaudited Revenue growth of 6% driven by: Q1 FY27 Q1 FY26 Change – Strong IT Equipment and Product Destruction Notes $m $m % revenues at Shred-X (up 40% and 28% respectively Operating Revenue 63.9 60.5 5.6 on pcp) – Well ex
Slide 21: Outlook
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Outlook Our businesses have proven to be resilient over the past 3 years of soft NZ economic activity. In NZ same-customer activity was recovering and positive before the war in the Middle East, some customer segments have struggled Volumes expected t
Slide 22: Questions
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Questions If you wish to ask a question, please simply raise your hand. For those joining online, select the “Q&A” tab on the right half of your screen at any Type your question into the field and press “Send”. Your question will be immediately
Slide 23: Resolutions
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Resolutions 1. That Peter Kean be re-elected as a director of Freightways. 2. That the Directors are authorised to fix the Auditors’ remuneration. 23
Slide 24: Resolution: Re-election of Peter Kean
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Resolution 1 That Peter Kean be re-elected as a Director of Freightways 24
Slide 25: Resolution 2: Auditors' remuneration
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Resolution 2. That the Directors are authorised to fix the Auditors’ remuneration 25
Slide 26: Questions?
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 26 Questions?
Slide 27: Ngā mihi nui (thank you)
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 27 Ngā mihi nui (thank you)
Slide 28: Disclaimer
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Disclaimer Read this presentation with the financial statements: The financial results in this presentation should be read in conjunction with the financial statements for the full year ended 30 June 2026, which can be found in the Freightways full year
Slide 29: Appendices
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 29 Appendices
Slide 30: Group Financial Summary – Year Ended June 2026
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Group Financial Summary – For the Financial Year Ended 30 June 2026 FY26 FY25 Change Notes $m $m % Operating Revenue 1,463.6 1,289.6 13.5 EBITA (non-GAAP) 1 181.6 158.4 14.6 EBITA margin 12.4% 12.3% NPAT 2 94.0 80.1 17.3 NPAT margin 6.4% 6.2% Basic Earn
Slide 31: Express Package & Business Mail – Year Ended 30 June 2026
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Express Package & Business Mail – For the Financial Year Ended 30 June 2026 FY26 FY25 Change $m $m % Operating Revenue 1,235.2 1,061.0 16.4 EBITA (non-GAAP) 168.1 143.3 17.3 EBITA margin 13.6% 13.5% NPAT 102.1 86.7 17.8 Notes: • Results in this table ar
Slide 32: Information Management – Year Ended June 2026
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Information Management – For the Financial Year Ended 30 June 2026 FY26 FY25 Change $m $m % Operating Revenue 234.0 233.6 0.2 EBITA (non-GAAP) 31.6 31.3 1.0 EBITA margin 13.5% 13.4% NPAT 16.9 17.3 (2.3) Notes: • Results in this table are after NZ IFRS16
Slide 33: Reconciliation of Post-NZ IFRS16 to Pre-NZ IFRS16
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Reconciliation of Post-NZ IFRS16 to Pre-NZ IFRS16 (Unaudited) Freightways Group Q1 FY27 Q1 FY27 Q1 FY27 Q1 FY26 Q1 FY26 Q1 FY26 $m $m $m $m $m $m Freightways Group POST NZ NZ IFRS16 PRE NZ IFRS16 POST NZ NZ IFRS16 PRE NZ IFRS16 IFRS16 ADJUSTMENT (NON-GA
Slide 34: Reconciliation of Pre-NZ IFRS16 to Post-NZ IFRS16: Express Package
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Reconciliation of Pre-NZ IFRS16 to Post-NZ IFRS16 (Unaudited) Express Package & Business Mail Q1 FY27 Q1 FY26 Change Express Package & Business Mail $m $m % Operating Revenue 346.0 288.0 20.1 EBITDA (before NZ IFRS16) 47.1 43.0 9.5 Add: NZ IFRS16 adjust
Slide 35: Reconciliation of Pre-NZ IFRS16 to Post-NZ IFRS16: Information Management
FREIGHTWAYS ANNUAL SHAREHOLDERS MEETING | 2026 Reconciliation of Pre-NZ IFRS16 to Post-NZ IFRS16 (Unaudited) Information Management Q1 FY27 Q1 FY26 Change Information Management $m $m % Operating Revenue 63.9 60.5 5.6 EBITDA (before NZ IFRS16) 11.7 10.3 13.6 Add: NZ IFRS16 adjustment 6.3 5.8 8.6 EBI
Freightways Group — Shareholder Meeting (October 2026) on 6ix