Accent Group Ltd · ASX:AX1
Accent — Investor Day (May 2026)
37 slides from Accent's investor day presentation, May 13, 2026
Slide 1: Strategic Growth Plan Update
Accent Group Limited (ASX: AX1) ASX Announcement 13 May 2026 Strategic Growth Plan Update Accent Group Limited (the Company or Group) today releases its 2030 Strategic Growth Plan (refer to the Investor Strategy Day presentation attached to this release) providing a clear roadmap for growth, targeti
Slide 2: CEO quote and contact details
Accent Group CEO, Daniel Agostinelli said: “The Company is well positioned for growth, backed by highly experienced management and more than 9,000 team members in our stores and support office. The entire team is focused on serving our customers and delivering the growth plan to drive long term shar
Slide 3: Vision 2030: The Accent evolution
Vision 2030: The Accent evolution Investor Strategy Day, May 2026
Slide 4: Our Path to 2030: Strategic pillars
Our Path to 2030: Strategic pillars Efficiency Evolution Expansion Oceania’s leading destination where the Deliver operational Evolve brands and Develop and scale world’s best performance efficiencies through brand portfolio and refresh banners to align with evolving new vertical and distributed bra
Slide 5: The Accent Advantage
The Accent Advantage Accent Group
Slide 6: Connecting with customers through an integrated portfolio of brands
Connecting with customers through an integrated portfolio of brands Our sales channels Our brands Distributed brands Vertical-owned & Frasers brands Third party brands ~49% sales ~9% sales ~42% sales Distributed and vertical brand retail ~30% sales One of the largest footwear brands in Oceania Multi
Slide 7: The Accent Advantage | Connecting brands with customers, anywhere, anytime
The Accent Advantage | Connecting brands with customers, anywhere, anytime ▪ ~900 stores across major ▪ Demonstrated ability to shopping destinations and Leading amplify and enhance global 3,000+ wholesale partner doors scale & brands across Oceania ▪ National distribution network customer ▪ Proven
Slide 8: Leading scale and reach | Large integrated position across value chain
Leading scale and reach | Large integrated position across value chain Relationships with ~900 stores across Australia and New Zealand* Largest footwear store network in ANZ every major retail landlord in ANZ 375 445 50 31 Top 10 footwear groups by physical stores | ANZ, 2026 Multi- Distributed Owne
Slide 9: Brand Custodian | Oceania brand partner of choice
Brand Custodian | Oceania brand partner of choice Distributor for 9 of the largest global brands Major retail partner of other global brands Brands where Accent's sales Global brands value us for our: growth is forecast to accelerate ▪ Multi-brand retailers and wholesale partners with Sports Direct
Slide 10: Brand growth capabilities | Ability to successfully scale brands
Brand growth capabilities | Ability to successfully scale brands Ability to rapidly scale Ability to create and incubate Ability to drive long run growth in brands emerging global brands in ANZ brands which capture trend uplift Distributed brand retail sales growth Hoka brand awareness Vertical owne
Slide 11: Where we are today
Where we are today Accent Group
Slide 12: We operate in large and growing markets, with structural tailwinds
We operate in large and growing markets, with structural tailwinds Accent Group’s addressable market Market share Growth drivers A$ billions, estimate Percent Growth markets Increasing replacement frequency driven by growth in ~$19b Sports footwear ~20% running and fitness participation ~$2b Sports
Slide 13: We have captured long-term sales growth driven by our portfolio and market position
We have captured long-term sales growth driven by our portfolio and market position Total sales, FY19-2026 LTM* A$ Millions • Accent Group has delivered sales growth above market in each of the last 10 years** 4% p.a. $1,553m • Broad and engaged customer base, with 5 $1,393m million known active cus
Slide 14: Recent times have been more challenging…
Recent times have been more challenging… Global lifestyle footwear Product innovation Accent internal challenges market under pressure US Footwear Index ▪ Disciplined approach to Dow Jones US Footwear Index* loss-making businesses 3,500 – Discontinued Glue and Ozsale 3,000 (13% p.a.) ▪ Challenged ba
Slide 15: …although hype and innovation are returning
…although hype and innovation are returning Innovation is emerging Limited-release drops are gaining traction and iconic models trending Source: CBS News; SoleRetriever.com Investor Strategy Day – May 2026 13
Slide 16: Sports, vertical and digital have continued to grow sales and profit
Sports, vertical and digital have continued to grow sales and profit Strong sales growth across brands With a growing omnichannel presence CAGR, FY23-2026 LTM Total sales growth* 4% 31 websites and >$300m in sales Lifestyle footwear banners Digital sales 10% Skechers, Platypus, Hype DC, Vans, Dr Mar
Slide 17: Our path to 2030
Our path to 2030 Accent Group
Slide 18: Accent Group's FY30 strategy
Accent Group’s FY30 strategy What is Oceania’s leading destination where the world’s best performance and Accent lifestyle brands connect seamlessly with customers, anywhere, anytime 1 2 3 Efficiency Evolution Expansion Focus on delivering Evolve brands Develop and scale new brands operational effic
Slide 19: Efficiency | Deliver gross CODB efficiencies of ~$30m in FY27
Efficiency | Deliver gross CODB efficiencies of ~$30m in FY27 Dealing with our current cost of business and being match-fit for a low growth inflationary environment Actioned Targeted Total FY27* FY28 ▪ We have re-engineered business processes and Gross cost removed inefficiencies, to efficiencies ~
Slide 20: Efficiency | Optimising brand and store portfolio to capture earnings
Efficiency | Optimising brand and store portfolio to capture earnings Strengthen the brand portfolio Optimise the store footprint through monitoring store performance $16.2m Strengthen the Decision-gate at FY27 EBIT uplift from closed businesses* store portfolio lease renegotiation 102 stores >$7m i
Slide 21: TAF performance positions franchise buybacks as a high-value growth lever
Evolution | TAF performance positions franchise buybacks as a high-value growth lever TAF has a compelling customer proposition, driving sustained growth: TAF franchise buyback is a capital Delivered average comp growth of 5% YoY from FY22 to FY25 efficient opportunity for growth Franchises left to
Slide 22: Sports Direct is a distinctive offer in the growing sports market
Expansion | Sports Direct is a distinctive offer in the growing sports market Attractive market Compelling value proposition Significant synergy potential opportunity Customer perception of Sports Direct relative to competitors* Frasers Group and Sports Direct ~$5bn 1.24x 1.21x 1.20x ▪ Bringing one
Slide 23: Plan to scale brand to 2030 with strong initial traction
Expansion | Plan to scale brand to 2030 with strong initial traction Sports Direct has seen And is on track to rollout 8 stores by Clear vision for sales traction online and in-store CY26 and 30 within the next three years the business by 2030+ Annualised run rate sales*, Sports Direct Store roll ou
Slide 24: Proven capability to build, buy and partner with brands
Expansion | Proven capability to build, buy and partner with brands Future brand-led growth opportunities How we deliver success at scale We have a repeatable and low-risk capability of identifying, testing, and scaling successful brands profitably and quickly ▪ Product and design excellence ▪ Disti
Slide 25: Targeting ~$1.9b+ sales by 2030 with additional upside from new opportunities
Targeting ~$1.9b+ sales by 2030 with additional upside from new opportunities 2030 FY25A target ▪ $10-15m EBIT: Targeted cost efficiency initiatives FY27 path ▪ $16m EBIT: Loss-making businesses closed to profit Store footprint ~900 ~950 ▪ $6m EBIT: TAF franchisee reacquisitions growth ▪ FX tailwind
Slide 26: Disciplined capital allocation to support long term returns
Disciplined capital allocation to support long term returns Dividends Paid A$ millions ▪ >A$500m dividends paid over the past 10 years 88 ▪ Strategy prioritises high ROI 79 opportunities (e.g., TAF franchise buy-back c.20%, Sports Direct 65 Expansion c.21%) 57 ▪ Accent has sufficient capital and 49
Slide 27: Why invest in Accent now?
Why invest Where we What we in Accent now? are now are targeting Clear path to $1.5b FY25 sales $1.9b+ Sales profit growth in FY27 ~900 Stores ~950 Stores Growth opportunities in sport and vertical brands 7.3% EBIT margin 9%+ EBIT margin Maintain a structural Key growth drivers advantage in the mark
Slide 28: Appendix
Appendix Accent Group
Slide 29: Accent Group
Accent Group RECOGNISED GLOBAL BRANDS $1.5B $110M FY25 SALES FY25 EBIT MARKET-LEADING RETAIL BANNERS 30 ~900 BRANDS STORES INCL. 31 WEBSITES VERTICAL OWNED BRANDS 13M 10M PAIRS OF KNOWN CUSTOMER SHOES SOLD PROFILES In last 3 years Investor Strategy Day – May 2026 27
Slide 30: Over four decades, our business has evolved into a leading ANZ retail group
Over four decades, our business has evolved into a leading ANZ retail group Accent Group has evolved by layering complementary capabilities RCG Frasers merger partnership 1988 1991 1992 2007 2015 2021 2025 2026 Future Vertical Potential for Importer & Large-scale Multi-brand brand & segment wholesal
Slide 31: Resilient portfolio | Flexibility through changing conditions
Resilient portfolio | Flexibility through changing conditions Our portfolio is flexible, Our brands are exposed to a range of sectors and with the ability to reprioritise price points, insulating the portfolio from cyclical trends products, brands and stores Customers by segment • Rapidly adjust pro
Slide 32: Resilient portfolio | Covers all customer demographics
Resilient portfolio | Covers all customer demographics We have a large and Our portfolio is strategically positioned to capture a broad customer base wide-variety of customers across our retail and distributed brands 5m Sport multi-brands address different demographics… …Likewise our lifestyle brand
Slide 33: Accent sales have consistently outperformed the market YoY
Accent sales have consistently outperformed the market YoY Accent sales vs. AU clothing, footwear & personal accessory spend YoY growth Percent Accent growth relative to 42% 9% 11% 11% 2% 5% 13% 5% 1% 3% market 46% AU market sales (ABS) 27% Accent 20% 18% 14% 13% 14% 11% 8% 7% 4% 3% 4% 3% 4% 2% 1% 2
Slide 34: TAF franchise buyback | Capital opportunity to drive ~$14m EBIT growth
TAF franchise buyback | Capital opportunity to drive ~$14m EBIT growth Targeted TAF franchise buyback value capture opportunity Added value drivers from corporatisation A$ millions; targeted uplift based on current performance* Higher vertical product mix +$2m Corporate owned stores are better incen
Slide 35: Retail excellence | A deeply experienced management team
Retail excellence | A deeply experienced management team Experienced corporate and retail team Backed by a foundational ways of working People Focused Combined retail management ~140 experience across our senior We invest in our people to build a high-performance culture that years management team e
Slide 36: Glossary
Glossary Term Definition ANZ Australia and New Zealand ATV Average transaction value, incl. GST BPS Basis point; equal to 0.01% CAGR Compound annual growth rate CODB Operating costs as a percentage of sales, including AASB16 occupancy Comps / LFL Sales growth from comparable stores over a consistent
Slide 37: Disclaimer
Disclaimer This presentation has been prepared by Accent Group Limited ABN 85 108 096 251 (Accent Group or Company) and is general background information in relation to Accent Group and its activities current as at the date of this presentation. It is information given in summary form and does not p