Slide 1: H1 FY26 5GG Half-Year Results
@ H1 FY26 5GG HALF-YEAR RESULTS y f Page 1 of 14
Slide 2: Disclaimer
DISCLAIMER IMPORTANT: You must read the following before continuing. Summary information in relation to Pentanet Limited. This presentation contains summary information about Pentanet Limited (ACN 617 506 279) (“Company”), its subsidiaries and their activities which is current as at the date of this
Slide 3: Agenda
AGENDA Highlights Financial Update Strategic Update Our Next Steps Telco Update Thank You Gaming Update Page 3 of 14
Slide 4: Following continued cost discipline and positive EBITDA in H1 FY26
“Following continued cost discipline and positive EBITDA in H1 FY26, Pentanet is entering the next phase of measured reinvestment in growth. The launch of our ‘Nothing But Net’ brand platform marks a deliberate step toward rebuilding brand awareness and supporting long-term subscriber acquisition. T
Slide 5: Highlights
HIGHLIGHTS EBITDA & OPERATING CASH FLOW GROWTH 1 2 EBITDA of $1.0m, up 534% on PcP. Telecommunications EBITDA $0.9m; Gaming EBITDA $0.8m. Operating cash flow up 430% on PcP to $1.3m. TOP-LINE GROWTH WITH MARGIN EXPANSION Revenue increased 8% on PcP to $11.9m, with gross profit up 12% on PcP to $5.8m
Slide 6: Key Objectives & Focus Areas
KEY OBJECTIVES & FOCUS AREAS Sustain EBITDA-positive Result Maintain disciplined cost management and operational efficiency while reinvesting in strategic growth initiatives. Accelerate Subscriber Acquisition SUSTAIN ACCELERATE SUBSCRIBER Continue targeted acquisition and retention POSITIVE EBITDA A
Slide 7: Telco Update
TELCO UPDATE 513 net new telco subscribers, up 5% on PcP to 18,670 Off-net subscribers up 11% on PcP, driven by the NBN Speed Boost program 5G subs up 44% on PcP to 1,024, with focus on utilisation over expansion Churn improved to 1.2%, down from 1.3% TELCO SUBSCRIBERS ON-NET OFF-NET TOTAL on PcP, w
Slide 8: Brand Building: A Platform for Growth
BRAND BUILDING: A PLATFORM FOR GROWTH A Deliberate Strategic Shift In November 2025, we launched our new Nothing But Net campaign to stand out in an increasingly price-driven market. We expanded beyond performance-only marketing and invested in high-reach brand channels to rebuild awareness at scale
Slide 9: Gaming Update
GAMING UPDATE Continued transition toward higher-value Revenue #039;000 GP #039;000 subscription tiers (Performance & Ultimate) 1,400 Casual plan retired to improve subscription 1,343 quality and platform economics 1,200 1,133 ARPU increased to $22, up 43% on PcP, reflecting improved mix and premium 1,000
Slide 10: Income Statement #039;m
Income Statement $’m +8% PcP H1 FY26: 11.9 12 H1 FY24: 10.4 H1 FY25: 11.1 10 8 +12% PcP H1 FY26: 5.8 -3% PcP H1 FY25: 5.2 H1 FY24: 5.2 H1 FY25: 5.2 H1 FY26: 5.1 6 H1 FY24: 4.9 4 +534% PcP H1 FY26: 1.0 2 H1 FY24: (0.2) H1 FY25: 0.2 0 -2 Revenue Gross Profit Overheads EBITDA Revenue Gross Profit EBITDA
Slide 11: H1 FY26 Revenue Analysis #039;m
H1 FY26 Revenue Analysis $’m Monthly Revenue Trend Chart Total H1 FY26 2.1 Revenue 2.0 1.9 Overheads 1.8 1.7 EBITDA 1.6 Jul Aug Sep Oct Nov Dec 0 2 4 6 8 10 12 Monthly Expenditure Trend Chart H1 FY26 Insights 0.9 Telecommunications EBITDA of $0.9m 0.8 (excluding $0.7m of corporate and ASX 0.7 overhe
Slide 12: Cash Flow Statement #039;m
Cash Flow Statement $’m Investing H1 FY24 Operations H1 FY25 H1 FY24 H1 FY26 -2.5 -2.0 -1.5 -1.0 -0.5 0.0 H1 FY25 Financing H1 FY26 H1 FY24 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 H1 FY25 CASH FLOW Operating cash flow improved to $1.3m in H1 FY26, up 430% on PcP, H1 FY26 driven by EBITDA improvement and dis
Slide 13: Our Next Steps
OUR NEXT STEPS Grow Telco Subscriber Base Scale and Monetise CloudGG Strengthen brand and EBITDA Accelerate subscriber acquisition Drive conversion of free memberships to Invest in brand awareness for through targeted marketing, paid subscribers and capture new high- Pentanet to support acquisition
Slide 14: Thank You
THANK YOU We would like to extend our sincere gratitude to our talented team, board, customers, partners and loyal shareholders. Your continued support and dedication have been instrumental in reaching this pivotal point in Pentanet’s journey. We’re excited about the opportunities ahead and remain c