Baby Bunting Group Ltd. · ASX:BBN
Baby Bunting — Shareholder Meeting (October 2026)
18 slides from Baby Bunting's shareholder meeting presentation, Oct 13, 2026
Slide 1: Strategy delivering, margin at a record high
al use only Strategy delivering, margin at a record high 2026 Annual General Meeting Stephen Roche Chair, Non-Executive Director Mark Teperson Chief Executive Officer 13 October 2026
Slide 2: Important notice and disclaimer
Important notice and disclaimer Forward looking statements Pro forma financial information This document is a presentation of This document contains certain forward looking statements and Pro forma financial results have been calculated to general background information about comments about future e
Slide 3: Stephen Roche, Chair, Non-Executive Director
al use only Stephen Roche Chair, Non-Executive Director 3
Slide 4: Mark Teperson, Chief Executive Officer
al use only Mark Teperson Chief Executive Officer 4
Slide 5: Our Vision and Our Mission
Our Vision Our Mission al use only The best To support & inspire start for confident parenting, the brightest from newborn future to toddler 5
Slide 6: Our Team
Our Team Our extraordinary team Aligning purpose with performance al use only 6
Slide 7: FY26 results summary
Results Summary FY26 results summary Record sales & gross margin delivering Pro Forma1 NPAT growth of 33.9% Total Sales Store of the Future Gross Margin $556.0m Sales 18% vs pcp 41.2% al use only growth2 up 6.5% vs pcp Target range 15% - 25% up 100 bps vs pcp comp growth up 3.5% vs pcp 15 refurbishe
Slide 8: Operating highlights
Results summary Operating highlights Store network transformation continues at pace al use only Network Gross margin Operating expansion & new revenue leverage • 12 Store of the Future • First full year of • Existing store labour refurbishments completed1, BabyBuntingMedia, generating leveraged to s
Slide 9: Strategy Update
Strategy Update • Extend category leadership – Growth 1 Grow Lead the category • Grow the network – plan Market al use only share • Own the parenting journey – Baby Bunting is the leading • Expand gross margin beyond 43% specialty baby retailer in Australia and New Zealand – 2 Turn scale • Build dif
Slide 10: How the strategy compounds
Strategy Update How the strategy compounds Margin & leverage improve the economics, refurbishments and new stores grow the sales base Improve the economics Grow the sales base Clear pathway to +10% EBITDA4 margin al use only Gross margin1 Growth Growthfrom fromrefurbs refurbs2 +10% +600 bps 15-25% 6
Slide 11: Focus areas for FY27
Financial summary Focus areas for FY27 Growth objectives FY27 Targets1 FY27 Deliverables Total Sales Grow active customers 1 $585m - $600m Customer Build PLEX portfolio Grow Experience al use only Market Comp Sales share 3%-5% Lead product innovation and availability Expand retail media & offshore c
Slide 12: Lead product innovation and availability
Grow market share Customer Experience Lead product innovation and availability Range differentiation and availability underpinning market share growth Lead core & growth categories • New & exclusive product ranges driving al use only customer acquisition • New & exclusive product pipeline: first to
Slide 13: Refurbishing the store network
Grow return on invested capital Capital Discipline Refurbishing the store network Plans in place for further build cost reductions in FY27 Returns improve as costs fall $1.7m • Refurbished stores delivered an 18% sales al use only uplift in FY26 Gross margin ahead of peer stores $1.5m • per store •
Slide 14: FY27 outlook maintained and trading update
Outlook FY27 outlook maintained and trading update FY27 trade update Outlook As at 4 October 2026 (after first 14 weeks) : • +2.2% underlying1 comparable store sales growth year-to-date reflecting FY27 pro forma NPAT expected to be in the range of $19.0m to $21.0m anticipated moderation from the imp
Slide 15: Appendices
al use only Appendices FY26 Investor Presentation 15
Slide 16: Statutory to Pro Forma Income Statement Reconciliation
Appendix One Statutory to Pro Forma Income Statement Reconciliation FY26 FY25 Pro forma financial results have been calculated to Add Add exclude the following items (refer Directors’ Report Statutory Pro Forma Pro Forma Statutory Pro Forma Pro Forma dated 14 August 2026 for further detail): $ milli
Slide 17: Pro Forma Income Statement AASB Transition Impact
Appendix One Pro Forma Income Statement AASB 16 Transition Impact FY26 FY25 Reversal of Reversal of AASB 16 Add Operating AASB 16 Add Operating Pro Forma Depreciation Lease Pre-AASB 16 Pro Forma Depreciation Lease Pre-AASB 16 $ million FY26 and Interest Expenses FY26 FY25 and Interest Expenses FY25
Slide 18: Glossary
Glossary Comparable Store Sales Growth Calculated as a percentage change of the total sales generated from stores (including the online store) in a relevant period, compared to the total sales from the same set of opened stores in the prior financial year, provided the stores were open at the beginn
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