Slide 1: ASX Market Announcements: Chairman's Address
19 November 2025 ASX Market Announcements ASX Limited 4th Floor, 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam, SCHAFFER CORPORATION LIMITED (ASX:SFC) ANNUAL GENERAL MEETING CHAIRMAN’S ADDRESS Please find attached the Chairman’s Address to the Annual General Meeting of SFC. The Chairman has author
Slide 2: 2025 Annual General Meeting
2025 Annual General Meeting 19 November 2025 Creating shareholder value through the efficient operation of our businesses and long-term growth in our investments Good morning, ladies and gentlemen. My name is John Schaffer. I am the Chairman and Managing Director of Schaffer Corporation. It is my ple
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Schaffer Corporation Limited ACN 008 675 689 (“The Company”). This presentation is for information purposes only and is not a prospectus or product disclosure statement, financial product or investment advice or a recommendation to acquire Schaffer Co
Slide 4: Results for financial year 2025
I am pleased to share the results for financial year 2025. The year was another good year for Schaffer Corporation Limited (SFC) with good performance from the Automotive Leather division, another record performance from Delta, and progress on South Connect Jandakot, our large logistics estate. Whil
Slide 5: Net equity value of Total Group Investments increased
Overall, the pre-tax net equity value3 of Total Group Investments increased almost 8% to $227 million from $211 million and represents tangible pre-tax value of $16.73 per share from $15.53 per share. The full year fully franked dividend was maintained at $0.90/share. It is important to note that ou
Slide 6: Total Shareholder Return
Total Shareholder Return (TSR*) measures the combined returns to shareholders from share price movements, the re-investment of dividends, and dividend imputation credits. Over the past 10 years, Schaffer Corporation’s TSR equates to 23% per year. If an investor had invested $100,000 in Schaffer Corp
Slide 7: Handover to Ralph Leib
I now hand over to Ralph Leib. Ralph is Schaffer Corporation’s Chief Financial Officer and is the Automotive Leather’s division Chief Executive Officer. Ralph will review the financial performance of the Automotive Leather division. 6
Slide 8: Automotive Leather
Thank you, Chairman, and good morning, ladies and gentlemen. Automotive Leather Automotive Leather had a good year as sales volumes improved compared to the prior year. Revenues increased marginally by 2% to $186 million (FY24: $182 million) with profits increasing 7% to $16.3 million (FY24: $15.3 m
Slide 9: Automotive Leather 1H26 update
Automotive Leather 1H26 update Our major customer, Jaguar Land Rover (JLR), disclosed a cyberattack in early September 2025. At the time, the incident was expected to be resolved quickly. About three weeks later, on the 26th of September 2025, Schaffer Corporation Limited withdrew its previously ann
Slide 10: Handover to Dan Birks: new programs and customers
At this juncture, I now hand over to Dan Birks. Dan is the General Manager of Automotive Leather. Thank you, Ralph. Good morning to everyone. This year we have finalised the launch of a major program with Audi – the A5 / A6 line up – which now completes the launches of new programs won since 2021. O
Slide 11: Automation opportunities in Automotive Leather
I now hand you back to Ralph. Thank you, Dan. As you know from our results announcement in August 2025, Dan and I are working closely together as we drive automation opportunities within the Automotive Leather Division. Dan continues to focus on sales and new business opportunities and the technical
Slide 12: Total Investment Portfolio
Total Investment Portfolio Schaffer Corporation’s underlying valuation continues to be underpinned by tangible assets. Group Investments aims to maximise shareholder value over the medium and long-term by continuing to grow our investment portfolio while remaining flexible and opportunistic. Over th
Slide 13: South Connect Jandakot
At this juncture, I now hand over to Todd Schaffer. Todd manages the various Schaffer property investments including South Connect Jandakot. Thank you, Ralph. South Connect Jandakot is an institutional grade master-planned estate, well located to benefit from the increased demand for logistic and “l
Slide 14: South Connect Jandakot estate features
The estate features ~34 hectares of net developable area which may include: • ~16 super-prime office/warehouse tenancies totaling 115,000sqm of Gross Leasable Area (GLA) on ~24 hectares; • ~5 hectares for future development fronting Jandakot Road; and • ~5 hectares currently leased to Austral Masonr
Slide 15: Delta
Thank you, Todd. Delta Delta reported a strong profit of $4.9 million (FY24: $4.5 million) on record revenues of $31.5 million (FY24: $31.1 million) and improved operational efficiencies. Delta's strong performance over the past two and a half years was driven by major infrastructure projects in Wes
Slide 16: Conclusion and outlook
2025 Annual General Meeting Conclusion Conclusion In conclusion, economic and geopolitical conditions have many uncertainties and risks, including: • A potential semiconductor chip shortage. • A potential global economic slowdown. • Adverse impact from tariffs on sales volumes for the Automotive Lea
Slide 17: Questions
2025 Annual General Meeting Questions I now invite questions or comments from members regarding the accounts and reports, and the management of the company. Members are also invited to ask our auditors questions relevant to the conduct of the audit and the preparation and content of the auditor’s re
Slide 18: Receipt of financial statements and reports
I now turn to the first item of ordinary business in the Notice of Meeting “To receive and consider the annual financial statements and reports of the directors and the auditors for the period ended 30 June 2025” The Corporations Act requires that the Annual Financial Report, including the Directors
Slide 19: Resolution 1: Re-election of Director
I would now like to move to Resolution 1, Re-election of Director “That Mr David Schwartz, who retires in accordance with the Company’s constitution and, being eligible for re-election, be re-elected as a Director” A total of 8,226,373 proxies were received, which represents 61% of the Company’s iss
Slide 20: Resolution 2: Remuneration Report
I would now like to move to Resolution 2, Remuneration Report “That the Remuneration Report for the period ended 30 June 2025 be adopted”. Full details of the Company’s approach to remuneration for Directors and Senior Executives are included in our Remuneration Report contained within this year’s A
Slide 21: Meeting closed
As there is no further business to be transacted and the formal proceedings have been completed, I declare the meeting closed. 20