Perpetual Equity Investment Co. Ltd. · ASX:PIC
Perpetual Equity Investment — Shareholder Meeting (October 2026)
35 slides from Perpetual Equity Investment's shareholder meeting presentation, Oct 15, 2026
Slide 1: ASX Announcement: Annual General Meeting 2026
Perpetual Equity Investment Company Limited ABN 68 601 406 419 Level 14, 123 Pitt Street Sydney NSW 2000 Australia Phone 02 9229 9000 www.perpetualequity.com.au For personal use only All Registry communications to: C/- MUFG Corporate Markets (AU) Limited Locked Bag A14 Sydney South NSW 1235 Telephon
Slide 2: 2026 Annual General Meeting Address to Shareholders
For personal use only 2026 ANNUAL GENERAL MEETING ADDRESS TO SHAREHOLDERS
Slide 3: Chairman's Address: FY26 Results Summary
PIC FY2026 ANNUAL GENERAL MEETING Chairman’s Address For personal use only Nancy Fox AM I would like to begin by acknowledging our fellow longstanding shareholders and welcoming our new shareholders that joined this year. Thank you all for your continued support in PIC. FY26 Results Summary Turning
Slide 4: Chairman's Address: Dividends and Profit Reserve
Shareholders who have been with us since PIC listed, or since the Company first declared a dividend in August 2015, have benefited from a total of 69.8 cents per share in dividends. This represents $245 million in For personal use only total dividend payments to shareholders. The Board has remained
Slide 5: Governance and Looking Ahead
Governance As I approach the completion of my third elected three-year term as a Non-executive Director and Chairman of the Company, the Board has For personal use only invited me to stand for re-election at today's meeting. I have agreed to do so to support an orderly succession process and ensure
Slide 6: Annual General Meeting & Investment Manager Update October 2026
rsonal use only Annual General Meeting & Investment Manager Update 15 October 2026
Slide 7: Important note
Important note This information was prepared by Perpetual Investment Management Limited (PIML) ABN 18 000 866 535, AFSL 234426. PIML is the Manager for the Perpetual Equity Investment Company Limited (Company) (ASX: PIC) ACN 601 406 419. This presentation is in summary form and is not necessarily co
Slide 8: Board of Directors
Perpetual Equity Investment Company Board of Directors rsonal use only From left to right Amanda Gillespie (Apted) Executive Director Appointed May 2021 Tim Bednall Non-executive Director Appointed May 2025 Nancy Fox AM Chairman Appointed July 2017 Michael Clarke Non-executive Director Appointed Sep
Slide 9: Today's agenda
Today’s agenda rsonal use only │ Chairman’s address │ Investment Manager’s Update │ Q&A Nancy Fox AM Vince Pezzullo Sean Roger │ Formal voting Chairman PIC Co-Portfolio PIC Co-Portfolio Manager Manager │ Closure 4
Slide 10: Chairman's Address
rsonal use only Chairman’s Address Nancy Fox AM
Slide 11: FY26 results summary
FY26 results summary rsonal use only Net profit $12.1 m Net profit after tax Investment 2.8% 2 5.0% p.a. 2 performance 12 months to 30 June 2026 Over 5 years to 30 June 2026 Dividend 8.0 cps 6.8% 3 9.7% 3 Total FY26 fully franked dividend Annual dividend yield Grossed-up dividend yield Source: Perpe
Slide 12: Well positioned to deliver a reliable income stream
Well positioned to deliver a reliable income stream through all market conditions rsonal use only Fully franked dividends since inception cents per share (cps) $63.0m 2.0 years Profit reserve Dividend coverage 0.5 4.0 4.0 4.0 4.0 4.0 3.3 2.8 2.8 2.8 2.5 2.0 3.0 3.1 3.2 3.3 4.0 4.0 4.0 $13.8m 1.0 yea
Slide 13: Asking a question online or by phone
Asking a question online Asking a question by phone Shareholders and non-shareholders Shareholders only Mute your webcast. Click on 'Ask a Question' rsonal use only 1 Click on ‘Ask a Question’ and then 'Go to Web Phone' Select ‘General Business’ or a specific A pop up box will appear with a micropho
Slide 14: Investment Manager Update
rsonal use only Investment Manager Update Vince Pezzullo, PIC Co-Portfolio Manager Head of Australian Equities, Perpetual Asset Management Australia Sean Roger, PIC Co-Portfolio Manager
Slide 15: Australian households on the edge
Australian households on the edge Australian households feeling the pressure: mortgage belt disposable income is the weakest since 1990 rsonal use only 10 Source: Endeavour Equities
Slide 16: Investment portfolio performance
Investment portfolio performance rsonal use only 10 yrs As at 31 August 2026 1 mth 3 mths 1 yr 3 yrs p.a. 5 yrs p.a. p.a. PIC Investment Portfolio1 2.4% 2.6% -1.7% 6.2% 4.4% 8.8% (net of fees, expenses and before tax paid) S&P/ASX 300 1.6% 4.4% 4.3% 11.2% 7.6% 9.3% Accumulation Index Excess Returns
Slide 17: Skew towards small-mid caps a headwind to performance
Skew towards small – mid caps a headwind to performance Large caps have run hard since January; our small and mid-cap exposure has worked against us in the short term Total return, indexed to 100 at 31 August 2025 3-year rolling excess return vs ASX 300 rsonal use only S&P/ASX 20 S&P/ASX Small Indus
Slide 18: How we intend to make money over the next months
How we intend to make money over the next 12 months Ten largest active positions - 31 August 2026 (%) rsonal use only Stock Company Active RIO Rio Tinto Limited +7.9 SOL Washington H. Soul Pattinson and Company Limited +5.8 NWS News Corporation +5.7 APZ Aspen Group +3.7 GLEN Glencore plc +3.5 RHC Ra
Slide 19: Investment portfolio performance: Growth of $100
Investment portfolio performance PIC Growth of $100 + Dividends + Franking Credits at 31 August 2026 $300 rsonal use only $278 $250 $224 $200 Growth of $100 $150 $127 $100 $50 $- 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Price Plus Dividend Plus Dividend Plus Franking Credit Source
Slide 20: Asking a question online or by phone
Asking a question online Asking a question by phone Shareholders and non-shareholders Shareholders only Mute your webcast. Click on 'Ask a Question' rsonal use only 1 Click on ‘Ask a Question’ and then 'Go to Web Phone' Select ‘General Business’ or a specific A pop up box will appear with a micropho
Slide 21: Formal voting proceedings
rsonal use only Formal voting proceedings
Slide 22: Items for deliberation
Items for deliberation rsonal use only Financial and statutory reports for the financial year ended 30 June 2026 Re-election of Ms Nancy Fox AM as a Non-executive Director An advisory vote on the Remuneration Report for the financial year ended 30 June 2026 Proposed amendments to Clause 15.6 of the
Slide 23: Poll open: Cast your vote
Poll open Cast your vote rsonal use only Click ‘Get a Voting Card’ Enter your SRN/HIN or Fill out your voting card 1 (top and bottom of platform) 2 Proxy Number and Postcode 3 for each item of business Click ‘Submit Details and Vote’ Click ‘Submit Vote’ Get a Voting Card Need help? Call 1800 990 363
Slide 24: Asking a question online or by phone
Asking a question online Asking a question by phone Shareholders and non-shareholders Shareholders only Mute your webcast. Click on 'Ask a Question' rsonal use only 1 Click on ‘Ask a Question’ and then 'Go to Web Phone' Select ‘General Business’ or a specific A pop up box will appear with a micropho
Slide 25: Financial and statutory reports
Financial and statutory reports rsonal use only To receive and consider the financial report of the Company for the year ended 30 June 2026, together with the Directors’ Report and the Auditor’s Report as set out in the Annual Report. 20
Slide 26: Resolutions
rsonal use only Resolutions
Slide 27: Resolution: Re-election of Ms Nancy Fox AM
Resolution 1 Re-election of Ms Nancy Fox AM as a Non-executive Director rsonal use only That, Ms Nancy Fox AM, who retires in accordance with clauses 15.5 and 15.6 of the Constitution, and being eligible for re-election, be re- elected as a Non-executive Director of the Company with effect from the
Slide 28: Resolution: Valid proxies
Resolution 1 Valid proxies rsonal use only Number Percentage FOR 10,674,994 69.41% OPEN 3,824,527 24.87% AGAINST 879,380 5.72% ABSTAIN 298,388 - 23
Slide 29: Resolution: Advisory vote on Remuneration Report
Resolution 2 An advisory vote on the Remuneration Report for the financial year ended 30 June 2026 rsonal use only That the Remuneration Report as set out in the Annual Report be adopted. Voting Exclusion statement for Resolution 2: In accordance with the Corporations Act, the Company will disregard
Slide 30: Resolution: Valid proxies
Resolution 2 Valid proxies rsonal use only Number Percentage FOR 8,249,021 57.54% OPEN 3,909,188 27.27% AGAINST 2,177,237 15.19% ABSTAIN 1,341,843 - 25
Slide 31: Resolution: Amendments to Clause 15.6 of the Constitution
Resolution 3 Proposed amendments to Clause 15.6 of the Constitution rsonal use only That, pursuant to section 136(2) of the Corporations Act, clause 15.6 of the Constitution be amended in the manner as set out in the Explanatory Notes accompanying the Notice of Meeting. 26
Slide 32: Resolution: Valid proxies
Resolution 3 Valid proxies rsonal use only Number Percentage FOR 10,012,819 68.08% OPEN 3,918,381 26.64% AGAINST 775,963 5.28% ABSTAIN 1,295,107 - 27
Slide 33: Asking a question online or by phone
Asking a question online Asking a question by phone Shareholders and non-shareholders Shareholders only Mute your webcast. Click on 'Ask a Question' rsonal use only 1 Click on ‘Ask a Question’ and then 'Go to Web Phone' Select ‘General Business’ or a specific A pop up box will appear with a micropho
Slide 34: Declaration of results
rsonal use only Declaration of results Nancy Fox AM
Slide 35: Thank you
ersonal use only Thank you OP
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