Ofx Group Ltd. · ASX:OFX
Ofx — Shareholder Meeting (August 2025)
31 slides from Ofx's shareholder meeting presentation, Aug 15, 2025
Slide 1: Annual General Meeting
Annual General Meeting 15 August 2025 OFX Group Limited ACN 165 602 273
Slide 2: Welcome
Welcome For technical support during the meeting call +61 2 8667 9160 2
Slide 3: Agenda
Agenda 1. Chair’s address 2. CEO’s address 3. Formal business 4. Questions 3
Slide 4: Chair’s address
Chair’s address Patricia Cross AM Chair 4
Slide 5: CEO’s address
CEO’s address Skander Malcolm Chief Executive Officer and Managing Director 5
Slide 6: FY25: A resilient business with healthy margins and generating cash
FY25: A resilient business with healthy margins and generating cash Revenue Profitability Balance Sheet Net operating income Underlying EBITDA Net Cash Held $214.9m $57.7m $77.2m (5.5)% v PCP (10.7)% v PCP +$2.5m v 1H25 NOI margin Underlying EBITDA margin Outstanding debt 56bps 27% $20.0m (3)bps v P
Slide 7: Navigating uncertain markets with discipline
Navigating uncertain markets with discipline Fee and trading income was impacted by uncertainty… …we continue to optimise business fundamentals Monthly fee and trading Income1 Strong cash generation >90% Operating cash conversion US interest rate easing cycle Trade tariff uncertainty begins, later t
Slide 8: OFX 2.0: external study confirms the opportunity, supports acceleration
OFX 2.0: external study confirms the opportunity, supports acceleration 2.0 2.0 2.0 2.0 2.0 Scale in developed Target Corporate Product suite to Modern client Grow revenue markets ICPs and manage business platform and beyond spot FX Enterprise internationally strong partnership + US$384bn1 10-250 FT
Slide 9: SMEs are willing to switch for OFX 2.0 value proposition
SMEs are willing to switch for OFX 2.0 value proposition % of SMEs1 that indicated they were ‘very likely’ or ‘somewhat likely’ to Products SMEs are looking for3 % of SMEs switch providers if company offered a solution offering outlined products2 83% 84% 79% 74% 54% Spend management 54% Accounts rec
Slide 10: A faster path to growth with stronger returns
A faster path to growth with stronger returns Target ICPs are valuable We can self-fund growth Generating a better long-term return Current ARPC for Underlying Return on Invested Capital (ROIC) $4.2k Corporate clients $51.0m ~30% No accelerated Net Available Cash 26% investment + Operating cash gene
Slide 11: 1Q26 Trading Update
1Q26 Trading Update Operating performance Encouraging start to FY26 1Q25 4Q25 1Q26 vPCP% vPQ% • NOI up 11.3% v 4Q25: Group cross currency ATVs Net Operating Income ($m) 56.6 49.3 54.9 (3.0)% 11.3% up 15.7% on transaction volumes down 6.3%. NOI down 3.0% v PCP Corporate segment key metrics • More sta
Slide 12: Global NCP roll-out and capital management
Global NCP roll-out and capital management NCP roll-out progress Live Launching 2H26 July Pay By Card feature reactivated. 25.1% of existing clients migrated June NCP live in EMEA (new clients) Digital forwards launched May Customised pricing, cash back and AI expense allocation features added April
Slide 13: Outlook
Outlook Encouraging start to FY26 FY26-FY27: Long term: FY28+ Building a more valuable business • • 15%+ 1Q26 NOI up 11.3% versus 4Q25, Includes accelerating NCP roll out and down 3.0% versus PCP. investing in GTM and Non-FX revenue Targeting FY26 NOI growth streams • Return to more stable market •
Slide 14: Formal business
Formal business Patricia Cross AM Chair 14
Slide 15: How to vote online
How to vote online Step 1 Complete the voting card During the AGM, the Chair will indicate that the voting is open and the voting card will be shown. The voting card can be repositioned on your screen. There are 6 items to be voted on by shareholders at the AGM as set out in the Notice of Meeting. T
Slide 16: How to ask questions online
How to ask questions online Step 1 Select the Q&A button in the menu bar Navigate to the lowest section of your Zoom window and the bottom menu bar will appear. Click on the Q&A button, shown to the right by the orange circle. Step 2 Complete the question card Enter your full name, your shareholder
Slide 17: Item 1. Financial statements and Reports of the Directors and Auditors
Item 1. Financial statements and Reports of the Directors and Auditors To receive and consider the Financial Report, the Directors’ Report and the Independent Auditor’s Report for the Company for the financial year ended 31 March 2025. There is no vote on this item. 17
Slide 18: Item 2. Re-election of Ms Connie Carnabuci
Item 2. Re-election of Ms Connie Carnabuci To consider and, if thought fit, pass the following resolution as an ordinary resolution: “That Connie Carnabuci, who retires in accordance with Article 47(a) of the Company’s Constitution, and being eligible for re-election, be re-elected as a Director of
Slide 19: Item 2. Re-election of Ms Connie Carnabuci
Item 2. Re-election of Ms Connie Carnabuci Votes Discretionary For Against (Open) Votes Total Abstain Figures relate to votes lodged up to 115,854,035 60,453,671 1,133,183 177,440,889 20,000 2:00pm (AEST) on 13 August 2025 65.29% 34.07% 0.64% 19
Slide 20: Item 3. Re-election of Mrs Patricia Cross
Item 3. Re-election of Mrs Patricia Cross To consider and, if thought fit, pass the following resolution as an ordinary resolution: “That Patricia Cross, who retires in accordance with Article 47(a) of the Company’s Constitution, and being eligible for re-election, be re-elected as a Director of the
Slide 21: Item 3. Re-election of Mrs Patricia Cross
Item 3. Re-election of Mrs Patricia Cross Votes Discretionary For Against (Open) Votes Total Abstain Figures relate to votes lodged up to 115,857,035 60,450,671 1,133,183 177,440,889 20,000 2:00pm (AEST) on 13 August 2025 65.29% 34.07% 0.64% 21
Slide 22: Item 4. Remuneration Report
Item 4. Remuneration Report To consider and, if thought fit, pass the following resolution as an ordinary resolution: “That the OFX Group Limited Remuneration Report for the financial year ended 31 March 2025 be adopted.” This is a non-binding advisory vote. 22
Slide 23: Item 4. Remuneration Report
Item 4. Remuneration Report Votes Discretionary For Against (Open) Votes Total Abstain Figures relate to votes lodged up to 103,703,281 69,216,654 34,092 172,954,027 2,200 2:00pm (AEST) on 13 August 2025 59.96% 40.02% 0.02% 23
Slide 24: Item 5. Approval of OFX Group Limited Global Equity Plan
Item 5. Approval of OFX Group Limited Global Equity Plan To consider and, if thought fit, pass the following resolution as an ordinary resolution: “That, for the purposes of Exception 13 of ASX Listing Rule 7.2, section 260C(4) of the Corporations Act 2001 (Cth), and for all other purposes, the OFX
Slide 25: Item 5. Approval of OFX Group Limited Global Equity Plan
Item 5. Approval of OFX Group Limited Global Equity Plan Votes Discretionary For Against (Open) Votes Total Abstain Figures relate to votes lodged up to 143,471,473 28,068,127 5,018,014 176,557,614 182,200 2:00pm (AEST) on 13 August 2025 81.26% 15.90% 2.84% 25
Slide 26: Item 6. Issue of performance rights to Mr John Alexander Malcolm
Item 6. Issue of performance rights to Mr John Alexander (‘Skander’) Malcolm under the OFX Group Limited Global Equity Plan in respect of FY25 Short Term Incentives To consider and, if thought fit, pass the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 1
Slide 27: Item 6. Issue of performance rights to Mr John Alexander Malcolm
Item 6. Issue of performance rights to Mr John Alexander (‘Skander’) Malcolm under the OFX Group Limited Global Equity Plan in respect of FY25 Short Term Incentives Votes Discretionary For Against (Open) Votes Total Abstain Figures relate to votes lodged up to 97,493,451 78,828,255 107,192 176,428,8
Slide 28: Item 7. Issue of performance rights to Mr John Alexander Malcolm
Item 7. Issue of performance rights to Mr John Alexander (‘Skander’) Malcolm under the OFX Group Limited Global Equity Plan in respect of FY26 Long Term Incentives To consider and, if thought fit, pass the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 10
Slide 29: Item 7. Issue of performance rights to Mr John Alexander Malcolm
Item 7. Issue of performance rights to Mr John Alexander (‘Skander’) Malcolm under the OFX Group Limited Global Equity Plan in respect of FY26 Long Term Incentives Votes Discretionary For Against (Open) Votes Total Abstain Figures relate to votes lodged up to 148,101,046 28,220,660 107,192 176,428,8
Slide 30: Questions
Questions Patricia Cross AM Chair 30
Slide 31: Thank you
Thank you The material contained in this document is a presentation of general information about OFX Group Limited (Company) and its activities current as at 15 August 2025. Material is provided in summary only and does not purport to be complete. The material contained in this document has been pre