Breville Group Limited · ASX:BRG
Breville — Shareholder Meeting (November 2025)
29 slides from Breville's shareholder meeting presentation, Nov 6, 2025
Slide 1: 2025 Annual General Meeting Presentation
6 November 2025 ASX Market Announcements Office Australian Securities Exchange Level 27, 39 Martin Place Sydney NSW 2000 For personal use only 2025 Annual General Meeting Presentation Please find attached a copy of the Chair’s and CEO’s addresses to shareholders to be delivered at the Annual General
Slide 2: Chair's Address at 2025 AGM
Chair’s Address at 2025 AGM Slide 1 Good morning and welcome to the 2025 Annual General Meeting of Breville Group Limited. My name is Timothy Antonie, and I am the Chair of the Company. Slide 3 I would like to begin by acknowledging and paying respects to the traditional custodians of the land on wh
Slide 3: Chair's Address (continued)
the business. In response to potential new tariffs, not only did we tactically bring forward inventory purchases, we also substantially accelerated our manufacturing diversification program. This program is pleasingly on schedule and delivering on quality and cost expectations. Slide 9 As you are aw
Slide 4: CEO's Address (continued)
top end of our guidance. It is worth noting that underneath these strong numbers lies a great deal of effort mitigating the ever-shifting tariff landscape in the US. This entailed pulling forward 2H25 production, accelerating our manufacturing diversification program, and tactically adjusting produc
Slide 5: CEO's Address: geographic expansion and 1H26
multi-functional complexity of taking a new geography live. Launching two standalone markets in two different Theatres in the same fiscal half, one of which included three brands, is a testament to both the talent level of this team as well as the maturity of our process “productisation” for executi
Slide 6: Disclaimer
Disclaimer To the extent this release contains any forward-looking statements, such statements are not guarantees of future performance and involve known and unknown risks and uncertainties and other factors, many of which are beyond the control of BRG Group, its Directors and management, and involv
Slide 7: Annual General Meeting November 2025
BRGGROUP Annual General Meeting 6 November 2025 beanz if chee
Slide 8: Forward-looking statements
For personal use only To the extent this Presentation contains any forward-looking statements, such statements are not guarantees of future performance and involve known and unknown risks and uncertainties and other factors, many of which are beyond the control of BRG Group, its Directors and manage
Slide 9: Acknowledgement of Country
Acknowledgement of Country We would like to acknowledge the traditional custodians on whose land we meet today. We would like to pay respect to their Elders: past and present; and further extend that respect to all Aboriginal and Torres Strait Islanders present here today. We celebrate the continuin
Slide 10: Agenda
Agenda 1. Chair’s Address - Tim Antonie 2. Managing Director & CEO’s Address - Jim Clayton 3. Formal Items of Business Annual Report Remuneration Report Re-election of Directors Grant of Rights to Managing Director & CEO For personal use only Ye
Slide 11: Chair's Address
Chair’s Address Tim Antonie For personal use only ~_,.:" me, We re aay Wy “ae a | BRGGROUP | Brewitte Sage LeELIT BARATZA
Slide 12: FY25 Revenue and EBIT
For personal use only FY25 Revenue - A$1.7b FY25 EBIT - A$205m +14.3% 6-year CAGR +13.2% 6-year CAGR 1697 1479 1530 205 1418 186 1188 172 156 952 136 760 98 97 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY19 FY20 FY21 FY22 FY23 FY24 FY25 Total Revenue by Financial Year Total EBIT by Financial Year 6
Slide 13: FY25 key metrics
For personal use only Revenue EBIT A$1.7b A$205m +10.9% vs FY24, 14.3% 6-year CAGR +10.2% vs FY24, +13.2% 6-year CAGR Marketing / R&D / Tech Spend Net Cash A$241m (14.2% of sales) A$48.5m +16.4% 6-year CAGR -9.4% vs FY24 EPS Dividends 94.4c 37cps +14.1% vs FY24 +12.1% vs FY24 7
Slide 14: Continued Investment in Strategic Platforms
For personal use only Cl ay ] , " re Re 4 Lr me, ) BRGGROUP Continued Investment in Strategic Platforms Forward Integrating into Solutions —— - New product development Geographic Expansion - New markets Investment into R&D, Marketing and Technology Services - GTM & Digital platforms Unified, Global
Slide 15: Sustainability and governance
For personal use only • • • Image: Breville® | Sage® Sustainable Brown Box packaging 9
Slide 16: For personal use only
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Slide 17: CEO's Address
CEO’s Address Jim Clayton For personal use only ~_,.:" me, We re aay Wy ee a | BRGGROUP | Brewitte Sage LeELIT BARATZA
Slide 18: For personal use only
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Slide 19: FY25 financial results
AUDm FY25 FY24 % Growth Commentary Revenue 1,696.6 1,530.0 10.9% • Double-digit growth across all Theatres, led For personal use only by strong performance in Coffee Gross Profit 620.5 556.9 11.4% • Gross Margin % held broadly steady Gross Margin (%) 36.6% 36.4% • EBIT growth of 10.2% at the top end
Slide 20: Global Product Segment Revenue
GLOBAL PRODUCT SEGMENT REVENUE AUDm % Growth FY25 FY24 % Growth CC1 For personal use only Americas 822.2 735.5 11.8% 11.5% EMEA 374.4 325.2 15.1% 12.0% APAC 304.0 275.4 10.4% 10.7% TOTAL 1,500.6 1,336.0 12.3% 11.4% Commentary Constant currency revenue growth of 11.4% in FY25 with all three Theatres
Slide 21: Balance sheet
Commentary AUDm1 June 25 June 24 Inventory • Healthy underlying cash flow delivered a net cash position as of For personal use only 426.3 332.8 June 30, notwithstanding tariff-related investments Receivables 302.3 282.0 • US inventory pull forward mitigated US tariff impact. Excluding US Trade and o
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Slide 23: New product launches
cle: Dual Boiler the Luxe Brewer~ Thermal ¥ Ultimate Automation. ‘Ultimate Performance. 2 5 2H25 % New Product Eaunches Y) -, . mw a te,-4 17 J Ke 2 sé % &2 BRGGROUP | Breville Sage Levit BARATZA beanz fi Chetsteps _~ 6«CY @ q X JS j
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Slide 25: FY25 Geographic Expansion
For personal use only FY25 Geographic Expansion China Middle East
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Slide 27: 1H26 update
• New Products and New Geographies continuing to perform well. For personal use only • While the environment is dynamic, period-to-date, positive trends continue with the premium consumer proving reasonably resilient. • Manufacturing diversification progressing well. We are moving fast, and quality
Slide 28: For personal use only
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Slide 29: Annual General Meeting November 2025
BRGGROUP Annual General Meeting 6 November 2025 beanz if chee