Finbar Group Limited · ASX:FRI
Finbar — Non-Deal Roadshow (November 2025)
23 slides from Finbar's roadshow presentation, Nov 4, 2025
Slide 1: Non-Deal Roadshow hosted by Euroz Hartleys
NON-DEAL ROADSHOW HOSTED BY EUROZ HARTLEYS 5 – 6 NOVEMBER 2025 CIVIC HEART 1
Slide 2: About Finbar
ABOUT FINBAR • Finbar Group Limited, listed on the ASX since 1995, has established a remarkable 30-year track record as Western Australia’s leading apartment property developer. • With a 100% project delivery success rate, Finbar has completed 79 residential and mixed-use developments to date, compr
Slide 3: 79 Completed Projects | 7,407 Units
79 COMPLETED PROJECTS | 7,407 UNITS 3
Slide 4: Market Outlook
MARKET OUTLOOK Current State of the Western Australian Residential Market – Key Trends & Insights Demand Drivers • Strong Migration: Continued interstate and overseas migration with annual net increase 11,675 and 41,395 respectively, equating to over 1,000 people per week 1 • Market Outperformance:
Slide 5: Strategic Growth Summary
STRATEGIC GROWTH SUMMARY Delivering WA’s Housing Needs Focused Growth in Apartments WHERE WE BUILD – Elevating the standard of inner-city living • Prime, walkable, transit-connected precincts across metropolitan Perth • Designed to enhance lifestyle, community and accessibility HOW WE COMPETE – Trus
Slide 6: Development Sales Activity Update
DEVELOPMENT SALES ACTIVITY UPDATE 6 GARDEN TOWERS
Slide 7: Total Number of Sales and Value per Month
TOTAL NUMBER OF SALES AND VALUE PER MONTH • TOTAL CY2025 68% increase in sales value SALES NUMBER AND to $408 VALUE million vs $242 million pcp 160 • 66% increase in average sales per month to 40 vs 24 pcp $140 Lots Millions 147 140 $120 120 $100 100 87 $80 80 72 $60 61 60 56 49 51 49 44 43 43 46 45
Slide 8: Average Sales per Day (Calendar Year)
AVERAGE SALES PER DAY (CALENDAR YEAR) • 445 sales this CY 2025 600 • Average 1.45 sales per day 85% 1.80 increase over previous year 1.54 1.60 1.45 500 1.33 1.40 1.20 1.21 1.15 400 1.20 1.06 1.00 0.94 0.89 1.00 0.86 0.84 0.86 300 0.80 0.78 0.75 0.75 0.68 0.80 0.65 0.54 0.56 200 0.60 0.43 0.43 0.30 0
Slide 9: Average Sales Value (per Unit) Calendar Year
AVERAGE SALES VALUE (PER UNIT) CALENDAR YEAR • $916,000 average sales value in CY 2025 demonstrates strong market engagement $450 following Finbar's pivot to a broader range of $1,200 Millions Thousands attainable price-point products $400 $1,011 $1,000 $916 $350 $852 $300 $800 $731 $738 $717 $698 $
Slide 10: Completed Stock Sell Down
• $153 million in completed stock sell down CY 2025 COMPLETED STOCK SELL DOWN at Civic Heart, Aurora, The Point (excluding Pelago*) averaging $14 million per month. $300 Completion Millions $244 $250 Completion $212 $204 Completion Completion $194 $200 $180 $171 $175 $176 $170 $163 $157 Completion $
Slide 11: Total Current Presales Value (Financial Year)
TOTAL CURRENT PRESALES VALUE (FINANCIAL YEAR) • $510 million in total pre-sales: • $441 million in off-the-plan • $54 million in completed stock $600 • $14 million Pelago Karratha Millions $510 $500 $415 $397 $400 $310 $296 $300 $251 $257 $195 $200 $167 YEAR TO DATE $123 $100 $46 TO DATE $- FY2016 F
Slide 12: Investors Sales
INVESTORS SALES • In Q3 2025, 53% of buyers are Investors and 47% are Owner Occupiers • Represents a 65% increase in investor demand compared to the average investor sales achieved over the previous three quarters. 80% 70% 68% 58% 60% 55% 53% 53% 53% 48% 50% 45% 45% 44% 44% No. Units 40% 36% 36% 36%
Slide 13: Yearly FIRB Sales (Calendar Year)
YEARLY FIRB SALES (CALENDAR YEAR) • 19 foreign buyer sales CY 2025 • Local market remains the key driver, making 100 up 96% of total sales 90 80 70 60 50 40 30 20 10 34 54 34 89 77 44 65 86 21 27 19 38 37 42 19 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 13 FOREIGN B
Slide 14: Completed Projects
COMPLETED PROJECTS 14 14 AURORA
Slide 15: Completed Projects
COMPLETED PROJECTS Over 96% of apartments across completed projects sold $43m, 23 Unsold Residential Stock (excluding Pelago) South Perth Rivervale Applecross Karratha Completed June 2024 Completed October 2024 Completed August 2024 Asset Held for Sale $445m | 334 units $158m | 121 units $113m | 176
Slide 16: Projects Under Construction
PROJECTS UNDER CONSTRUCTION 16 16 GARDEN TOWERS
Slide 17: Projects Under Construction
PROJECTS UNDER CONSTRUCTION Bel-Air sold out and Riverbank at 95% sold Total Estimated End Value $517m, 682 Lots East Perth Belmont Rivervale Completion est mid-2026 Completion est mid-2026 Completion est mid-2027 $285M Value | 343 units $114M Value | 196 units $118M Value | 143 units 80% SOLD 100%
Slide 18: Projects to Launch
PROJECTS TO LAUNCH 18 18 PALMYRA WEST
Slide 19: Projects to Launch
PROJECTS TO LAUNCH Two Project launches planned in the next six months Total Estimated End Value $268m, 282 Lots Palmyra Applecross Launch November 2025 Launch est H1 2026 Completion est mid-2027 Completion est 2028 $96M Value | 130 Units $172M Value | 152 Units 17% RESIDENTIAL SOLD PRE-LAUNCH
Slide 20: Projects in Planning and Design
PROJECTS IN PLANNING AND DESIGN 20 20 LOT 888
Slide 21: Projects in Planning
PROJECTS IN PLANNING Pipeline Total Estimated End Value $482m, 563 Lots Railway Parade, Lyall Street, Lot 888, West Leederville South Perth Rivervale Launch est mid 2026 Launch est H2 2026 Launch est mid 2027 Completion est mid-2029 Completion est mid-2029 Completion est mid-2029 $238M Value | 267*
Slide 22: Five Year Development Pipeline
FIVE YEAR DEVELOPMENT PIPELINE 2025 and 2026 Deliverables: • Completion of Garden Towers • Completion of Bel-Air Apartments • Construction of Riverbank Residences commenced in October 2025 • Palmyra West launch in November 2025 and construction commencement in February 2026 • Romeo Applecross launch
Slide 23: Important Notice
Important Notice Future performance and forward looking statements This announcement contains certain forward looking statements with respect to the financial condition, results of operations, projects and business of Finbar and certain plans and objectives of Finbar. Forward looking statements can