Michael Hill International Ltd. · ASX:MHJ
Michael Hill International — Shareholder Meeting (October 2025)
24 slides from Michael Hill International's shareholder meeting presentation, Oct 22, 2025
Slide 1: AGM Presentation
AGM Presentation 22nd October 2025
Slide 2: Disclaimer
DISCLAIMER Certain statements in this report constitute forward-looking statements. Forward-looking statements are statements (other than statements of historical fact) relating to future events and the anticipated or planned financial and operational performance of Michael Hill International Limite
Slide 3: Board of Directors
Board of Directors Rob Fyfe Claudia Batten Emma Hill (Independent NED, Chair) (Independent NED, Deputy Chair) (Non-independent NED, Chair of People Development & Remuneration Committee) Gary Smith Dave Whittle Andrea Slingsby (Independent NED, Chair of Audit (Independent NED) (Independent NED) & Ris
Slide 4: Online Text Question Process
Online Text Question Process Select the messaging tab Type your question in the ‘Ask a question’ box Select ‘My Messages’ to view your submitted messages along with any written responses 4
Slide 5: Online Audio Question Process
Online Audio Question Process Click ‘Request to Speak’ Enter the topic of your question Click ‘Submit Request’ Click ‘Join Queue’ and follow the audio prompts 5
Slide 6: Voting
Voting Select the voting icon Select your voting preference for each resolution Your selected option will change colour You can change your vote until the poll is closed 6
Slide 7: Chair's address
Chair’s address Rob Fyfe 7
Slide 8: Tribute to Sir Michael Hill
Tribute to Sir Michael Hill 8
Slide 9: Tribute to Daniel Bracken
Tribute to Daniel Bracken 9
Slide 10: Chair's address
Chair’s address Rob Fyfe 10
Slide 11: CEO's address
CEO’s address Jonathan Waecker 11
Slide 12: FY25 Performance Overview
FY25 Performance Overview • Global economic uncertainty and challenging retail trading conditions persisted across all markets, particularly in New Zealand • Our two largest segments Australia and Canada delivered revenue growth • FY25H2 saw improvement in same store sales across all segments • Stro
Slide 13: FY25 Group Results
FY25 Group Results FY20H1 Financial Snapshot FY25 FY24 Change • Group revenue, gross margin and comparable EBIT Revenue $644m $645m -0.2% were broadly flat to LY Gross Profit $389m $391m -0.4% • Even with gold at multiple record highs throughout the year, continued active management of Gross Margin
Slide 14: FY25 Core priorities
FY25 Core priorities 1. Embedding the repositioning of the Michael Hill brand across all markets 2. Internal strategic review of New Zealand to improve performance 3. Reinforce retail fundamentals, brand identity and awareness of the Bevilles brand 14
Slide 15: FY26 Trading Update
FY26 Trading Update • Pleasingly, product and brand initiatives have delivered group gross margin recovery of approx. +100bps for the first 16 weeks of FY26. • For the first 16 weeks of FY26, Group same store sales were flat on prior year, with same store sales for the: • Australian segment up +0.7%
Slide 16: Well prepared for Christmas
Well prepared for Christmas • As we prepare for the all-important Christmas Trading period, we are encouraged by: • +100bps lift in group gross margin (YoY) in the first 16 weeks • Canadian segment continuing to deliver record sales performance • In the all-important world of product, we are focused
Slide 17: Questions
Questions 17
Slide 18: Business of the Annual General Meeting
Business of the Annual General Meeting 18
Slide 19: Financial Statements and Reports
Financial Statements and Reports • Audited FY25 Financial Statements • Directors’ report • Auditor’s report 19
Slide 20: Resolution 1: Adoption of Remuneration Report
Resolution 1: Adoption of Remuneration Report To consider and, if thought fit, to pass the following advisory resolution: "That the Remuneration Report of the financial year ended 29 June 2025 (as set out in the Directors' Report) is adopted." FOR AGAINST OPEN ABSTAIN EXCLUDED NO. OF SHARES 79,264,7
Slide 21: Resolution 2: Re-election of Gary Smith as Director
Resolution 2: Re-election of Gary Smith as Director To consider and, if thought fit, to pass the following resolution as an ordinary resolution: "That Mr Gary Smith who retires by rotation in accordance with ASX Listing Rule 14.4 and Rule 38.6 of the Company’s Constitution and, being eligible, offer
Slide 22: Resolution 3: Re-election of Andrea Slingsby as Director
Resolution 3: Re-election of Andrea Slingsby as Director To consider and, if thought fit, to pass the following resolution as an ordinary resolution: "That Ms Andrea Slingsby (appointed as a Director of the Company on 8 September 2025), who in accordance with ASX Listing Rule 14.4 and Rule 36.2 of t
Slide 23: Resolution 4: Re-election of Robert Fyfe as Director
Resolution 4: Re-election of Robert Fyfe as Director To consider and, if thought fit, to pass the following resolution as an ordinary resolution: "That Mr Robert Fyfe who retires by rotation in accordance with Rule 38.1 of the Company’s Constitution and, being eligible, offers himself for re-electio
Slide 24: Michael Hill International Limited
MICHAEL HILL INTERNATIONAL LIMITED
Michael Hill International — Shareholder Meeting (October 2025) on 6ix