Slide 1: FY26 Full Year Results
SHINE JUSTICE LTD | ASX: SHJ 50 years serving the community. FY26 Full Year Results INVESTOR RESULTS PRESENTATION - AUGUST 2026 For Financial Year Ended 30 June 2026
Slide 2: Notice & Disclaimer
IMPORTANT Notice & Disclaimer Summary Information Not Financial Product Advice This presentation contains summary information about Shine The information is general in nature and is not financial product, investment, legal or Justice Ltd (ASX: SHJ) and its controlled entities for the year tax advice
Slide 3: Shine Justice: Who We Are
ABOUT US Shine Justice Who We Are $209.2m $366.6m Shine Justice Ltd (ASX: SHJ) is an ASX- listed Australian legal group and the FY26 revenue Net work in progress parent of Shine Lawyers, one of the nation's largest plaintiff law firms. We help everyday people and communities access up 2.3% on FY25 c
Slide 4: Reconciliation of Adjusted Results
INCOME STATEMENT Reconciliation of Adjusted Results FY26 Adjusting FY26 FY25 Revenue A$m Change Statutory items Adjusted Adjusted $11.2 million increase in the constraint carried against Revenue 209.2 11.2 220.4 204.4 7.8% revenue on a legacy class action. Other income 0.2 - 0.2 1.5 (83.3%) Operatin
Slide 5: Financial Snapshot FY26
FINANCI AL SNAPSHOT FY26 $220.4m $44.7m $15.8m Adjusted revenue Adjusted EBITDA Adjusted NPAT ▲ up 7.8% (FY25: $204.4m) ▲ up 13.7% (FY25: $39.3m) ▲ up 62.9% (FY25: $9.7m) 11.19c $19.0m $366.6m Adjusted basic earnings per share Operating cash flow Net work in progress 1 ▲ up 87.8% (FY25: 5.96c) ▬ FY2
Slide 6: Personal Injury Growth Offset By Legacy Class Action Impacts
SEGMENT PERFORM ANCE Personal Injury Growth Offset By Legacy Class Action Impacts Personal Injury Class Actions $36.6m $8.2m* EBITDA ADJUSTED EBITDA Up 18.4% (FY25: $30.9m) Up 6.5% (FY25: $7.7m) *Excludes $11.2m constraint increase and a $1.8m fair value loss on disbursements on legacy matter $180.9
Slide 7: Results Drivers
PERFORM ANCE Results Drivers Revenue Cash Generation Adjusted revenue up 7.8% to $220.4m — led by Operating cash flow of $19.0m held broadly stable with the Personal Injury (+8.8%) and a 3.4% increase in prior year. Class Actions. Increase in fees billed during the year for Personal Injury as Legal
Slide 8: Personal Injury
Personal Injury Our Foundation
Slide 9: Personal Injury: Scorecard
PERSONAL INJURY Personal Injury: Scorecard National scale, improved productivity and disciplined execution supported revenue and margin growth. $180.9m $36.6m 4,000+ $800m+ 5,900+ Revenue EBITDA Clients compensated Damages secured New files opened • Disciplined delivery and turnaround of lower perfo
Slide 10: Class Actions and International Mass Torts
Class Actions and International Mass Torts Our Growth Market
Slide 11: Class Action: Scorecard
CLASS ACTION Class Action: Scorecard One of Australia’s largest practices. Addressing historical matters while strengthening the operating model for future growth. Robust pipeline of $39.4m $8.2m 26 22 prospects, investigations Adjusted revenue Adjusted EBITDA Active matters Investigation progressin
Slide 12: Class Action: Upside Opportunity in a Deep Pipeline
CLASS ACTION PIPELINE Class Action: Upside Opportunity in a Deep Pipeline PORTFOLIO HIGHLIGHTS PIPELINE BY SECTOR Open matters across seven sectors — filed actions and matters ~48 Open Matters Pipeline Momentum FY26 Adjusted revenue under investigation. Diversified across seven sectors: Strong refer
Slide 13: International: Leveraging Strategic Reach
INTERNATIONAL Leveraging Strategic Reach • Source large US Mass Torts (Hub) • Export to international spokes USA • Source Funding Hub • Litigate & resolve Asia Spoke Competitive positioning Strong financial impact Mitigated risk factors NZ Our IMT strategy offers a Projected to be a driver of Jurisd
Slide 14: Strategy & Growth
Strategy & Growth Technology and capital strategy
Slide 15: Technology: Progressing the Strategy
TECHNOLOGY Technology: Progressing the Strategy Roadmap FY25–FY28 Where We Are Now Expected Emerging Technology Centre AI Guardrails & Governance Phase Year Key Milestones Outcome Established in FY25 to identify, govern Implemented an enterprise AI governance Emerging Technology Centre Infrastructur
Slide 16: Financial Position
BALANCE SHEET & CAPI TAL Financial Position $259.7m $12.5m $86.3m $366.6m Net assets Cash & equivalents Net debt (incl lease liabilities) Net work in progress down 0.6% (FY25: $261.3m) FY25: $18.1m Up 6.5% on FY25 up 0.9% on FY25 Funded & $119.7m of financing facilities with $41.4m headroom; market-
Slide 17: Capital Management: Disciplined Returns
CAPI TAL MANAGEMENT Capital Management: Disciplined Returns Balancing shareholder returns with continued investment in growth 2.5¢ $6.1m 3.87m Shares bought back in scheme FY26 fully franked final dividend Franking credits ended September 2025. Per share fully franked total dividend for FY26 As at J
Slide 18: Strategy & Growth Agenda
STRATEGY & GROWTH Strategy & Growth Agenda Scale Personal Injury • Maintain productivity and recoverability momentum FY27 Outlook • Grow suitable file volumes Personal injury momentum is expected to continue, with FY26 • Pursue disciplined acquisition opportunities improvements in legal work per fee
Slide 19: Shine a light on injustice.
Shine a light on injustice. A stronger FY26 result — higher revenue, materially improved earnings and a well-funded balance sheet. INVESTOR & MEDIA CONTACT: Marc Devine Chief Financial Officer & Company Secretary Phone: +61 7 3837 8449 www.shinejustice.com.au | ASX: SHJ This presentation contains su
Slide 20: Financial Summary
APPENDIX Financial Summary Income Statement, Cash Flow and Balance Sheet
Slide 21: Consolidated Income Statement
INCOME STATEMENT Consolidated Income Statement A$m FY26 FY25 Revenue growth Revenue 209.2 204.4 Personal Injury revenue increased by 8.8% driven by Other income 0.2 1.5 higher legal work per fee earner, fewer write-offs and improved recovery. Total revenue & income 209.4 205.9 Class action revenue g
Slide 22: Consolidated Statement of Cash Flows
CASH FLOW STATEM ENT Consolidated Statement of Cash Flows A$m FY26 FY25 Stable operating cash Cash flows from operating activities Operating cash flow of $19.0m, broadly in line with FY25. Increase in fees billed in both personal injury and Receipts from customers (inclusive of GST) 220.7 217.5 clas
Slide 23: Consolidated Balance Sheet
BALANCE SHEET Consolidated Balance Sheet A$m FY26 FY25 Work in progress Cash & cash equivalents 12.5 18.1 Net work in progress of $366.6m underpins future Receivables 10.9 7.3 revenue. Contract assets - work in progress 366.6 363.5 Unbilled disbursements 102.6 100.8 Funding position PP&E and other 1