#039;000) 141,297 48,510 191 Expenses2 (A#039;000) (95,589) (38,199) (150) Underlying profit after tax benefit (A#039;0

Slide 12: Generation Life

Generation Development Group | 12 For personal use only The pioneer in providing market leading investment bond and investment-linked lifetime annuity solutions by offering tax optimised investments, estate planning alternatives and retirement income solutions.

Slide 13: FY25 highlights and key performance measures

Generation Development Group | 13 FY25 highlights and key performance measures Generation Life For personal use only Life Business FUM Sales Market Share Approved Product Product Rating $4.4 billion Investment bond sales 57% of annual market inflows1 List (APL) Investment bond Up 33% $1,015 million

Slide 14: FUM growth and underlying financial results

Generation Development Group | 14 FUM growth and underlying financial results Generation Life Revenue ($’000) Underlying NPAT ($’000)1 For personal use only $70,000 $20,000 $60,000 24% CAGR 39% CAGR $15,000 $50,000 $40,000 Revenue increases in line $10,000 $30,000 with FUM growth $20,000 $5,000 $10,

Slide 15: Lonsec Group

Generation Development Group | 15 For personal use only Experts in delivering quality investment research and providing end-to-end managed account solutions, as demonstrated through our success in winning numerous prestigious awards and accolades Our award-winning research

Slide 16: Lonsec Group underlying financial results

Generation Development Group | 16 Revenue (#039;000) EBITDA (#039;000) 22% CAGR 72,134 44% CAGR Underlying 61,267 33,032 For personal use only Lonsec 55,716 23,547 financial results 39,286 17,217 Lonsec Group 10,972 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 Gross profit1 (#039;000) NPAT (#039;000) 25% CAGR 40,438

Slide 17: Research and Ratings

Generation Development Group | 17 Products Researched1 SuperRatings – Average revenue per client2, 3 $120,000 120 Research and $118,000 $100,000 For personal use only 1,836 $92,422 Ratings $80,000 80 $60,000 $75,553 $75,683 $69,647 Lonsec Group $40,000 40 1,732 $20,000 $0 0 FY21 FY22 FY23 FY24 FY25

Slide 18: Lonsec Investment Solutions

Generation Development Group | 18 Lonsec Investment Solutions For personal use only Lonsec Investment Solutions offers a broad range of investment offerings through Managed Account (IMAs & SMAs)1 solutions. Revenue (#039;000) Gross profit2 (#039;000) 60% CAGR 94% CAGR 14,008 29,023 24,543 10,981 9,582 21,

Slide 19: Evidentia Group

Generation Development Group | 19 For personal use only Evidentia Group is one of Australia’s leading companies in the managed accounts sector, providing unrivalled end-to-end managed accounts solutions for licensees, financial advisers, and their clients.

Slide 20: Overview of Evidentia

Generation Development Group | 20 Overview of Evidentia One of Australia’s leading providers of investment management and tailored Managed Account solutions Business Overview Financial Snapshot2 ($m) For personal use only • Evidentia is one of Australia’s leading providers of investment Revenue Unde

Slide 21: Managed Accounts FUM

Generation Development Group | 21 Managed Accounts FUM Lonsec Investment Solutions and Evidentia Group For personal use only $29.6bn FUM as at June 2025 Closing FUM in $bn 14.8 13.5 14.8 13.3 12.7 11.7 10.4 10.6 9.8 8.8 9.1 8.2 7.5 6.4 3.1 3.6 2.3 2.8 0.8 1.3 1.6 2.0 0.7 Jun-20 Sep-20 Dec-20 Mar-21

Slide 22: Generation Development Group Outlook

Generation Development Group | 22 For personal use only Australia’s market leader Australia’s market-leading Australia’s leading in investment bonds and investment research house companies in the lifetime annuities Managed Account sector

Slide 23: Turning into FY26: New operating structure

Generation Development Group | 23 Turning into FY26 New operating structure For personal use only Tailored Managed Accounts Research Off the Shelf Managed Investment bonds Accounts Ratings Lifetime annuity Managed Discretionary Accounts iRate Private Markets Solutions

Slide 24: Strategic priorities

Generation Development Group | 24 Strategic priorities For personal use only Deepen our relationships Refined operating model Attract and retain top tier that drive market share and deepen competitive talent gains and lasting value moat Leverage BlackRock Maximising potential tax Investing in produc

Slide 25: Strong Q1 performance and continued momentum

Generation Development Group | 25 Strong Q1 performance and continued momentum For personal use only FUM ($b) FUM ($b)1 Products researched2 Comparing registered financial planners and iRate subscribers $6 1,900 1,870 $32.6bn $35 20,000 5,000 1,800 $5 $4.8bn $30 1,700 $25 Registered financial planne

Slide 26: Generation Development Group outlook

Generation Development Group | 26 Generation Development Group outlook Thematics and tailwinds For personal use only Potential tax reforms Division 296, Trust and CGT Continue current sales momentum for Capitalise on the structural changes in Generation Life – capitalising on legislative wealth mana

Slide 27: Questions

Generation Development Group | 27 For personal use only Questions

Slide 28: Item 1: Financial reports

Generation Development Group | 28 For personal use only Item 1: Financial reports

Slide 29: Resolutions

Generation Development Group | 29 For personal use only Resolutions

Slide 30: Item 2: Remuneration Report

Generation Development Group | 30 For personal use only Item 2 Remuneration Report For Against Proxy’s Discretion Abstain/Excluded 210,728,355 29,218,552 1,563,422 13,613,370 87.25% 12.10% 0.65% 108 holders 22 holders 12 holders 10 holders

Slide 31: Item 3a: Election of Mr Peter Anthony Smith

Generation Development Group | 31 For personal use only Item 3a Election of Mr Peter Anthony Smith as a Director of the Company For Against Proxy’s Discretion Abstain/Excluded 254,038,011 563,858 518,830 3,000 99.58% 0.22% 0.20% 129 holders 6 holders 11 holders 1 holder

Slide 32: Item 3b: Election of Mrs Shenaz Waples

Generation Development Group | 32 For personal use only Item 3b Election of Mrs Shenaz Waples as a Director of the Company For Against Proxy’s Discretion Abstain/Excluded 253,144,003 431,167 1,545,529 3,000 99.23% 0.17% 0.61% 118 holders 15 holders 12 holders 1 holder

Slide 33: Item 4: Increase in Non-Executive Director Remuneration Pool

Generation Development Group | 33 For personal use only Item 4 Increase in Remuneration Pool for Non-Executive Directors For Against Proxy’s Discretion Abstain/Excluded 225,346,827 14,558,244 1,545,529 13,673,099 93.33% 6.03% 0.64% 89 holders 35 holders 12 holders 13 holders

Slide 34: Item 5: Performance Rights to Robert Coombe

Generation Development Group | 34 For personal use only Item 5 Grant of Performance Rights to the Executive Chairman, Robert Coombe For Against Proxy’s Discretion Abstain/Excluded 197,164,419 42,884,122 1,542,029 13,533,129 81.61% 17.75% 0.64% 95 holders 37 holders 11 holders 8 holders

Slide 35: Item 6: Performance Rights to Peter Smith

Generation Development Group | 35 For personal use only Item 6 Grant of Performance Rights to Executive Director, Peter Smith For Against Proxy’s Discretion Abstain/Excluded 239,062,561 990,980 1,542,029 13,528,129 98.95% 0.41% 0.64% 96 holders 33 holders 11 holders 7 holders

Slide 36: Item 7a: Rollover Contingent Shares to Mr Coombe

Generation Development Group | 36 For personal use only Item 7a Approval of the issue of Rollover Contingent Shares to Mr Coombe For Against Proxy’s Discretion Abstain/Excluded 253.180,037 384,105 1,542,029 17,528 99.24% 0.15% 0.60% 103 holders 28 holders 11 holders 2 holders

Slide 37: Item 7b: Rollover Contingent Shares to Ms Christian

Generation Development Group | 37 For personal use only Item 7b Approval of the issue of Rollover Contingent Shares to Ms Christian For Against Proxy’s Discretion Abstain/Excluded 252,426,629 384,105 1,542,029 770,936 99.24% 0.15% 0.61% 97 holders 28 holders 11 holders 8 holders

Slide 38: Item 8: Adoption of new Constitution

Generation Development Group | 38 For personal use only Item 8 Adoption of new Constitution For Against Proxy’s Discretion Abstain/Excluded 253,386,340 169,302 1,545,529 22,528 99.33% 0.07% 0.61% 121 holders 8 holders 12 holders 3 holders

Slide 39: Thank you / Disclaimer

Generation Development Group | 39 Thank you For personal use only Disclaimer This presentation has been approved by the CEO of Generation Development Group. This presentation has been prepared by Generation Development Group Limited ABN 90 087 334 370 (GDG). GDG believes that the information in this

Slide 40: Appendices

Generation Development Group | 40 For personal use only Appendices

Slide 41: Reconciliation of statutory profit to underlying earnings

Generation Development Group | 41 Reconciliation of statutory profit to underlying earnings Generation Development Group Consolidated FY25 FY24 Change Change % For personal use only Underlying profit after tax (A$’000) 30,205 11,202 19,003 170 Other items (net of applicable tax) (A$’000): Gain on re

Slide 42: Big pools, big growth: Managed Accounts just getting started

Generation Development Group | 42 Big pools, big growth: Managed Accounts just getting started Managed accounts comprise 16% of Total Assets Under Advice, doubling since 2020 — with significant headroom to go. For personal use only Total Investible Wealth Advice Market AUA Platforms Market AUA Manag

Slide 43: Seizing the opportunity – Three leaders, one market force

Generation Development Group | 43 Seizing the opportunity – Three leaders, one market force CAGR CAGR (20-25) (25-30) 520Bn For personal use only 26% 15% 27 10% 2% Other Individually Managed Ready-Made Tailored Accounts Managed Accounts Managed Accounts 110 10% 13% MDA Size1 $2.5Bn $9.7Bn $20.4Bn 55

Slide 44: Unmatched distribution power – Reaching more advisers

Generation Development Group | 44 Unmatched distribution power – Reaching more advisers 29 Team Members The most resourced sales & marketing Strategic Initiatives For personal use only team in the MA market — driving growth, Strategic collaborations with market leaders winning opportunities, and str

Slide 45: Key features of investment bonds

Generation Development Group | 45 For personal use only 9 key features of investment bonds Maximum tax rate of No distributions and Tax paid - no personal 125% advantage - Can be structured as 30% access to funds at tax after 10 years - tax encourages active a non-estate asset Tax Optimised anytime

Slide 46: Key uses of investment bonds

Generation Development Group | 46 For personal use only 5 key uses of investment bonds Generation Life investment bonds are designed to provide tax-effective investment solutions to help secure a financial future across all generations. Alternative to Estate planning Saving for a child Trusts Govern

Slide 47: Our leading investment menu: Investment bonds

Generation Development Group | 47 Our leading investment menu Investment bonds For personal use only At Generation Life, we offer a wide range of investment options to meet investment objectives. 76 investment options across all major asset classes: 27 Diversified 13 Australian shares 14 Internation

Slide 48: Key features of LifeIncome

Generation Development Group | 48 8 key features of LifeIncome For personal use only Investment-linked Investment menu 0% tax environment Dollar-cost averaging lifetime annuity 29 options with the ability Investment earnings within Progressive investment Single or reversionary to switch at anytime1

Slide 49: Core uses of LifeIncome

Generation Development Group | 49 For personal use only 6 core uses of LifeIncome Qualify or bring forward the age to Minimising the impact of an Protecting your spouse / loved access the Age Pension and ancillary inheritance on your Age Pension one with income for life or a benefits benefits death

Slide 50: Our leading investment menu: LifeIncome

Generation Development Group | 50 Our leading investment menu LifeIncome For personal use only At Generation Life, we offer a wide range of investment options to meet investment objectives. We offer 29 investment options across multiple styles: 2x Retirement Portfolios 5x Single Sector Index funds 8

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