Slide 1: Investor Presentation (ASX announcement)
18 August 2026 ASX Market Announcements 20 Bridge Street SYDNEY NSW 2000 INVESTOR PRESENTATION EML PAYMENTS LIMITED (ASX: EML) (“EML”) is pleased to provide investors with the following presentation ahead of its Annual Results and Investor briefing for the full year ended 30 June 2026. EML’s Executi
Slide 2: FY26 Results presentation
FY26 Results presentation Anthony Hynes Executive Chair Stuart Will CFO 18 August 2026
Slide 3: Disclaimer & Important Notice
Disclaimer & Important Notice This investor presentation has been prepared by EML Payments Limited ABN 93 104 757 904 (EML) and is general background information about EML’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be c
Slide 4: FY26 overview
FY26 overview
Slide 5: Key themes for the year
Key themes for the year Restructuring complete with a stronger EML emerging, revenue growth lagging despite active market development and contract wins. 1 Operations 2 Commercial 3 Product development 4 Financial Restructure program Pipeline is strong and wins Product development A mixed result with
Slide 6: FY26 Performance Snapshot
Continuing operations1,2 FY26 Performance Snapshot Revenue Profitability Cash Total Revenue 3 (underlying) EBITDA (underlying) Cash $206.8m $48.3m $37.8m 6% 18% 36% Customer Revenue (underlying) Statutory NPAT Net Cash Movement $150.0m $(19.7)m $(21.6)m 4% from ($53.0)m eps (5.08) cps Notes: 1 Conti
Slide 7: EML 2.0 progress update
EML 2.0 progress update Significant upweight in leadership across all markets Global Operating Model GlobalOps Centre realizing 35% cost saving – Optimising our operating model + 31 FTE now located in our Sofia office strengthening leadership Global HRIS platform deployed and single global per
Slide 8: Business development status
Business development status As at August 2026 Contracts won > 1 July 2025 Annualised revenue forecast1 Contract flow Pipeline New wins What’s great $109m 35% $15.8m • Pipeline build remains on-track Conversion • Conversion rate ahead of plan FY26 NAM $69.6m NAM $7.9m • Margins holding to plan EUR $2
Slide 9: More from the core
More from the core A softer second half of trading in the northern hemisphere, key client renewal performance remains strong. Existing client customer revenue Top 30 client • 9 Top 30 contracts renewed LTM, (ex interest) renewal year spread including 3 in the top 5 Excluding 2024 client terminations
Slide 10: Mobility build well underway
Mobility build well underway Global TPV Solution Partners TAM $USD $1.0t TAM 2023 Program Management Global fuel retailer integrations Issuing + processing Enterprise solutions for own brand programs 11% CAGR Closed + open loop Control & configuration Reg. + payment rail licensing Deep domain expert
Slide 11: Project Arlo - our global payments platform
Project Arlo - our global payments platform One platform powering growth for EML and our customers Customer Verticals Forecast investment Workforce Government Commercial Retail Mobility $34m build and implementation Modern and Intuitive UI’s Mobile Apps & SDK’s Overhead reduction Feature Rich API’s
Slide 12: FY26 Financial Results
FY26 Financial Results Note: Throughout this presentation, amounts may not sum and change calculations may not equate due to rounding.
Slide 13: Key operating metrics
Continuing operations1 Key operating metrics Profit and loss:2 FY26 v FY25 A$’m FY26 FY25 Change Underlying EBITDA declined 18% ($10.4m) to $48.3m, driven largely by the non-recurrence of Customer revenue 150.0 157.0 ▼ (4%) $10.8m of FY25 customer revenue related to previously noted program run-offs
Slide 14: Europe
Continuing operations Europe Financial performance Commentary GDV • Revenue down 14% on FY25, reflecting the non-recurrence of certain $5.9bn 3% A#039;m FY26 FY25 Change customer programs and lower interest revenue. Customer revenue 65.4 77.3 ▼ (16%) • Customer revenue reflected: (FY25: $6.1bn) Interes
Slide 15: Asia Pacific
Continuing operations Asia Pacific Financial performance Commentary GDV • Revenue increased 8% as customer revenue growth A#039;m FY26 FY25 Change $3.7bn 8% offset the decline in interest revenue. Customer revenue 47.6 41.9 ▲ 14% • The Human Capital Management (HCM) vertical led (FY25: $3.4bn) Interest
Slide 16: North America
Continuing operations North America Financial performance Commentary GDV • Customer revenue declined 2% on pcp, driven by: $13.4bn 10% A#039;m FY26 FY25 Change • FX1 reduced customer revenue by $1.6m Customer revenue 37.1 37.8 ▼ (2%) (FY25: $15.0bn) Interest revenue 1.9 2.1 ▼ (8%) • Non-recurrence of F
Slide 17: Underlying Overheads
Continuing operations Underlying Overheads Underlying overheads were $104.1m, $3.4m lower on PCP Underlying overheads net of Cost Recoveries: FY25 to FY26 ($’m) • Net overheads of $104.1m was down 3% on pcp as cost optimisation measures and EML 2.0 efficiencies continue to be realised. 107.6 • Cost
Slide 18: Treasury management
Continuing operations Treasury management Stored float (by currency) at June 2026 Interest income ($’m) Bond contribution to total interest Other USD 4% 52% $29.4m 5% Bond average term 2.5 years Bond average yield 4.0% 63.9 49.9 56.7 EUR • Interest revenue decreased 11% to $56.7m, reflecting 21% mat
Slide 19: Cash flow
Continuing operations Cash flow Underlying operating cash flow was $47.8m in the period EBITDA to underlying operating cash flow (A$m) • Underlying EBITDA of $48.3m translated into underlying BAU trading One-off cash outflows operating cash flow of $47.8m, demonstrating solid cash conversion, underp
Slide 20: FY27 Outlook & Priorities
FY27 Outlook & Priorities
Slide 21: FY27 Priorities & FY27 Guidance
FY27 Priorities & FY27 Guidance Turn wins to revenue, activate Arlo and renew our key clients Activate revenue Efficiency Technology Underlying + renew clients EBITDA Guidance Improve contract to revenue Continued growth in our Global Arlo UK migration FY27 $50m-$54m time. Ops Centre to realise furt
Slide 22: Q&A
Q&A
Slide 23: Appendix
Appendix
Slide 24: Analyst briefing data: segment profit & loss
Analyst briefing data: segment profit & loss Segment profit and loss1: FY26 and FY25 FY26 FY25 North Continuing Continuing A#039;m Europe Asia Pac America Corp. Operations Europe Asia Pac North America Corp. Operations Sentenial FY25 Customer revenue 65.4 47.6 37.1 - 150.0 77.3 41.9 37.8 - 157.0 2.5 15
Slide 25: Analyst briefing data: Reconciliation – statutory to management P&L
Analyst briefing data: Reconciliation – statutory to management P&L. Statutory profit and loss FY26 Management profit and loss: A reconciliation from statutory accounts to Included Statutory accounts to managements underlying profit and loss management’s profit and loss is set out A#039;m FY26 FY25 in
Slide 26: Analyst briefing data: one off adjustments
Analyst briefing data: one off adjustments One off adjustments (Profit and loss) – FY26 and FY25 • Restructuring and strategy establishment: consists of A$ 'm FY26 FY25 costs incurred in respect of termination payments, along Restructuring costs and strategy establishment 15.3 6.5 with one-off, non-
Slide 27: Analyst briefing data: stored value
Analyst briefing data: stored value Stored float and cash summary A$ 'm FY26 FY25 Total Stored Value (including bonds) - AUD1 2,205.2 2,351.1 Interest revenue2 56.7 63.9 Annualised Interest Rate (%)3 3.2% 3.7% Cash opening 59.3 43.1 Operating activities (26.5) 16.7 Investing activities (24.1) 39.2 F
Slide 28: Balance sheet
Balance sheet Balance sheet1 Cardholder Corporate $A'm Jun-26 Jun-25 Change funds Balances Cash and cash equivalents 37.8 59.3 (36%) 37.8 Contract assets 42.8 46.9 (9%) 42.8 Intangibles 107.7 113.5 (5%) 107.7 Segregated funds and bonds investments 2,226.1 2,375.2 (6%) 2,205.2 20.9 Other assets 73.6
Slide 29: Glossary
Glossary Abbreviation Meaning Abbreviation Meaning AASB Australian Accounting Standards Board GPR General Purpose Reloadable AFSL Australian Financial Services Licence Interpath PCSIL Liquidator Arlo Single Global Platform investment MVP Minimum Viable Product D&A Depreciation and Amortisation LTM L
Slide 30: Slide 30