Peet Limited · ASX:PPC
Peet — Shareholder Meeting (November 2025)
14 slides from Peet's shareholder meeting presentation, Nov 27, 2025
Slide 1: For personal use only
For personal use only
Slide 2: CEO's Review
CEO’s For personal use only Review Mr Brett Fullarton
Slide 3: FY25 Results Highlights
FY25 Results Highlights STRONG PERFORMANCE UNDERPINNED BY FAVOURABLE MARKET CONDITIONS FINANCIAL OPERATIONAL For personal use only FY25 Net Operating Earnings FY25 DPS Operating Profit1 per Share $58.5m 12.48c 7.75c 2,768 2,642 Up 82% on FY24 LOTS5 SOLD LOTS5 SETTTLED Up 60% on FY24 Up 61% on FY24 $
Slide 4: Our Shareholder Returns
Our Shareholder Returns DIVIDENDS PER SHARE 7.75c EARNINGS DRIVING DIVIDEND PAYOUT 7.50c 6.25c We have returned $232m to shareholders since FY18, through fully franked dividends and our ongoing on- 4.25c market share buy-back 3.50c For personal use only • Disciplined application of our capital manag
Slide 5: Australian Residential Drivers
Australian Residential Drivers FAVOURABLE MACRO CONDITIONS FOR THE RESIDENTIAL SECTOR The global and domestic environment shape our thinking and response to managing risk and leveraging opportunities For personal use only Strong Population Constrained Housing Favourable Growing Appetite from Growth
Slide 6: FY25 Key Deliverables
FY25 Key Deliverables INVEST EXPAND MAINTAIN VALUE CREATION Product offering and In high quality land Focus on capital Unlock short-term and geographic presence to appeal in strategic locations management long-term value to wider variety of customers For personal use only • Acquired c.480 lots in Pa
Slide 7: Proven Track Record Over Years
Proven Track Record Over 130 Years EXTENSIVE EXPERIENCE AND CAPABILITY TO DELIVER Leading Australian developer of quality communities with a strong culture, brand and customer focus PIPELINE OF $13.2bn 43 For personal use only 30,785 LOTS 1 END VALUE2 PROJECTS Desirable and Low Cost Demonstrated Geo
Slide 8: High Quality Portfolio Underpinning Growth
High Quality Portfolio Underpinning Growth WELL LOCATED PROJECTS INCLUDING c. 22,100 LOTS1 ACROSS THE FOLLOWING DEVELOPMENTS For personal use only FLAGSTONE CITY ASTON GOOGONG3 SHOREHAVEN UNIVERSITY OF CANBERRA Flagstone, QLD Craigieburn, VIC Googong, NSW Alkimos, WA Belconnen, ACT 10,011 lots1 rema
Slide 9: Flagstone City, QLD
Flagstone City, QLD LOCATED IN LARGEST RESIDENTIAL PDA IN AUSTRALIA Strong, consistent performance • Achieved 507 net sales in FY25 • Pricing has continued to grow at >12% compounded p.a. For personal use only • Settled 235 residential lots in FY26 YTD, valued at $80m, with 230+ lots under contract
Slide 10: Strong Financial Position
Strong Financial Position APPROXIMATELY $750M CONTRACTS ON HAND AS AT 19 NOVEMBER 2025 Value of contracts on hand has increased by 23% since year end, providing solid momentum into FY26 CONTRACTS ON HAND (VALUE) For personal use only Value of Contracts on Hand YOY 27% • Reflects strong market condit
Slide 11: Positive Momentum into FY26
Positive Momentum into FY26 Robust WA and QLD markets driving sales and enquiry uplift Net residential sales increased by 21% in Q1, with enquiry up by 41% Residential Sales and Leads 900 16,000 For personal use only 800 14,000 • Strong sales volumes across WA 700 and QLD, with waitlist of qualified
Slide 12: Group Outlook
Group Outlook WELL-POSITIONED TO DELIVER GROWTH IN FY26 • Whilst cost of living pressures remain, macro factors continue Guidance Upgrade to be positive underpinning solid demand • Material upgrade to guidance with NPAT • Underlying residential drivers are supportive including: for FY26 now expected
Slide 13: Thank you
Thank you For personal use only peet.com.au 31 | FY24 Results
Slide 14: Disclaimer
Disclaimer While every effort is made to provide accurate and complete information, Peet does not warrant or represent that the information in this presentation is free from errors or omissions or is suitable for your intended use. This presentation contains forward-looking statements, including sta