Latitude Group Holdings Ltd. · ASX:LFS
Latitude — H1 2026 Earnings Presentation
30 slides from Latitude's earnings presentation, Aug 21, 2026
Slide 1: 1H26 Results Presentation
For personal use only 1H26 Results Presentation For the half year ended 30 June 2026 LATITUDE GROUP HOLDINGS LIMITED ABN 83 604 747 391
Slide 2: Important Notice & Disclaimers
Important Notice & Disclaimers Important Notice and Disclaimer This presentation has been prepared by Latitude Group Holdings Limited (“LFS”). The distribution of this presentation in jurisdictions outside Australia may be restricted by law and you should observe any such restrictions. For personal
Slide 3: Agenda
Agenda For personal use only 1 First Half 2026 Highlights 2 Financial Performance 3 Management Outlook
Slide 4: First Half 2026 Highlights
For personal use only First Half 2026 Highlights Bob Belan – Managing Director & CEO
Slide 5: First Half 2026 Snapshot – Key Business Drivers
First Half 2026 Snapshot – Key Business Drivers Customer demand and product engagement driving asset growth For personal use only New Customer Total Card Total Card Purchase New Personal & Auto Accounts Transactions (#) Volume ($) Loan Origination Market Share Growth Accelerating 148k 30m $3.6b $785
Slide 6: First Half 2026 Snapshot – Key Financial Metrics
First Half 2026 Snapshot– Key Financial Metrics Margins and operating leverage translating into strong financial outcomes For personal use only Interest Net Interest Total Operating Risk Adjusted Funding Raised Income Income Income Income $2.3 billion $611m $428m $438m $286m Continued to expand in p
Slide 7: Money: Expanding margins and operating leverage with record high receivables
Money: Expanding margins and operating leverage with record high receivables Strong customer demand Pricing discipline supporting Record receivables reflecting For personal use only driving record 1H originations further margin expansion sustained growth momentum Pricing optimisation and roll-off of
Slide 8: Pay: Growth led by new customer originations and volume
Pay: Growth led by new customer originations and volume Enhanced value propositions driving LFS Card usage deepening as Strengthening market position customer acquisition customer spend accelerates through sustained growth For personal use only Applications +8% YoY, with strong new customer Card pur
Slide 9: Bridge to the Future strategy underway
Latitude Bridge to the Future strategy underway Executive Team Bridge to the Future For personal use only 1 2 3 4 Bob Belan Guillaume Leger Extend & Embed Ensure Sustained Modernise & Uplift AI-Driven MD & CEO CFO & EGM Finance the Fundamentals Asset Growth Tech Platforms Productivity & CX Universal
Slide 10: Financial Performance
For personal use only Financial Performance Guillaume Leger – CFO
Slide 11: First Half Financial Snapshot
First Half Financial Snapshot Financial outcomes drivers and results continue to strengthen Receivables continue to grow, Margin growth continues, Maintaining strong For personal use only supporting earnings momentum h20bps YoY risk-adjusted margins Gross Receivables $m Total Operating Income % RAI
Slide 12: Half Year Financial Snapshot
Half Year Financial Snapshot Financial outcomes continue to strengthen Net Profit growth continues, Increasing return of capital to For personal use only Cash Profit growth h12% YoY shareholders, with a fully franked 12.2% h39% YoY 1H26 dividend yield1 Cash PBT ($m) Cash NPAT ($m) DPS (cents) h26% h
Slide 13: Strong topline momentum maintained
Strong topline momentum maintained Volume growth translating into receivables expansion For personal use only Volume growth continues h4% YoY, i8% HoH Delivering h4% receivables growth YoY ($m) ($Bn) 202 4,407 4,247 15 (57) 7.0 7.3 6.2 6.4 1H23 1H24 1H25 1H26 Interest 4.5 4.7 5.2 5.6 Bearing Average
Slide 14: Sustaining attractive RAI margins
Sustaining attractive RAI margins Margin optimisation in response to evolving macro conditions For personal use only 17.7% 17.7% 17.4% 17.3% 16.9% 15.7% 16.2% Key YoY drivers Revenue 15.2% Yield 14.6% 14.6% 14.8% • RAI remains strong at 8.0%, down 8.0% marginally 20bps YoY despite changing macro con
Slide 15: Diversified funding platform supporting growth and margin expansion
Diversified funding platform supporting growth and margin expansion Diversified Funding Platform as For personal use only h6 v 2H25 ABS programme grows Diverse Funding 65 60% Investors h56% v 1H24 momentum Investors Active Investors Offshore to A&NZ Platform h35% v 1H24 Size of public ABS programme
Slide 16: Risk adjusted returns remain strong
Risk adjusted returns remain strong Credit metrics reflect macroeconomic conditions. Asset quality remains consistent with portfolio risk settings. For personal use only Credit quality sustained through Delinquency trends reflect Net charge offs aligned with disciplined underwriting macro conditions
Slide 17: OpEx re-engineering benefits realised, enabling growth investment
OpEx re-engineering benefits realised, enabling growth investment and elevating operating leverage For personal use only Disciplined cost management delivering Operational efficiency gains supporting improved operating leverage and efficiency profitability Cash cost-to-Income 40% Jaws Jaws 16% (3)%
Slide 18: Outlook
For personal use only Outlook Bob Belan – Managing Director & CEO
Slide 19: Outlook
Outlook For personal use only Positioned to navigate a more challenging environment Macroeconomic conditions are likely to continue to place pressure on household budgets through the second half. While discretionary spending and lending demand may moderate, Latitude expects to continue to deliver pr
Slide 20: Company Overview
For personal use only Company Overview
Slide 21: Unparalleled scale, reach & expertise distinguish LFS franchise
Unparalleled scale, reach & expertise distinguish LFS franchise across consumer lending landscape For personal use only $bn AU Personal loans and cards portfolio ranking1 SCALE 14.0 $7.3b total customer balances2 Big 4 Bank $7.6b in total purchases on cards annually2 Non-Bank Lenders 12.0 $1.6b new
Slide 22: Meeting the needs of consumers and merchant-partners
Meeting the needs of consumers and merchant-partners Engaged CUSTOMERS looking for great experiences… For personal use only Cross- • 68% Millennials & Gen X and 24% Boomers Engaged, generational & • 49% customers for 5+ years • 69% city, 31% rural1 loyal & long- High quality • 74% of SF volume from
Slide 23: Appendices
For personal use only Appendices
Slide 24: Macro environment conditions reverting to historical levels
Macro environment conditions reverting to historical levels Household Savings back to normalised pre For personal use only Retail Sales (YoY)1 showing growth pandemic levels 20.0% 25.0% After COVID 15.0% 20.0% driven surge and 10.0% sharp Currently 5.8% 15.0% Currently 6.2% Modest growth drawdown, 5
Slide 25: Funding: cash rate scenario sensitivity
Funding: cash rate scenario sensitivity 25bps change = $10m change in interest expense (pre-tax)1 Management actions available to mitigate impact to profit. For personal use only Australia lifted cash rates 3 times in 1H26 and currently on hold as New Zealand has commenced tightening cycle Sensitivi
Slide 26: Delinquency performance over time
Delinquency performance over time For personal use only Delinquencies (30+ days past due) by product, Australia Delinquencies (30+ days past due) by product, New Zealand Mar’23 Shift to 180 9% Mar’23 Shift to 180 cyber incident days1 9% 8% cyber incident days1 8% 7% 7% 6% 6% 5% 5% 4% 4% 3% 3% 2% 2%
Slide 27: Results Summary
Results Summary 1H26 2H25 1H25 HoH YoY For personal use only New Volume ($m) 4,407 4,807 4,247 (8)% 4% Gross receivables ($m) 7,266 7,211 6,962 1% 4% AGR ($m) 7,225 7,012 6,842 3% 6% Cash PBT ($m) 105 118 94 (11)% 12% Cash NPAT ($m) 64 59 46 9% 39% Statutory NPAT ($m) 54 55 39 (1)% 39% Cash EPS (cen
Slide 28: Summary profit & loss statement
Summary profit & loss statement For personal use only ($m) 30-Jun-26 31-Dec-25 30-Jun-25 HoH Change YoY Change 1H26 2H25 1H25 % % Interest income 611.4 600.0 588.4 2 % 4 % Interest expense (183.3) (182.5) (192.3) — % 5 % Net interest income 428.1 417.5 396.1 3% 8% Other Operating income 9.7 14.3 11.
Slide 29: Cash NPAT to Statutory NPAT 1H26
Cash NPAT to Statutory NPAT 1H26 For personal use only Restructuring Remediation Cash NPAT Asset impairment Stat NPAT costs Costs 1H26 Net interest income 428.1 — — — 428.1 Other Operating income 9.7 — — — 9.7 Total operating Income 437.8 — — — 437.8 Net charge offs (152.0) — — — (152.0) Risk adjust
Slide 30: Thank you.
For personal use only Thank you.
Latitude Group Holdings — H1 2026 Earnings Presentation on 6ix