Slide 1: Full Year FY26 Financial Results
For personal use only FULL YEAR FY26 FINANCIAL RESULTS 20 AUGUST 2026 Bel-Air Apartments - Belmont 1
Slide 2: 80 Completed Projects | 7,603 Units
For personal use only 80 COMPLETED PROJECTS | 7,603 UNITS 2
Slide 3: About Finbar
ABOUT FINBAR For personal use only • Finbar Group Limited, listed on the ASX since 1995, has established a remarkable 31-year profitable track record as Western Australia’s leading apartment property developer. • With a 100% project delivery success rate, Finbar has completed 80 residential and mixe
Slide 4: FY26 Results and Operational Highlights
FY26 RESULTS AND OPERATIONAL HIGHLIGHTS For personal use only 4
Slide 5: FY26 Results and Operational Highlights
FY26 RESULTS AND OPERATIONAL HIGHLIGHTS For personal use only 5
Slide 6: Financial Results
For personal use only FINANCIAL RESULTS 6 Artist Impression: Parkside Residences – Springs Rivervale
Slide 7: FY26 Financial Results: Profit and Loss
FY26 FINANCIAL RESULTS PROFIT AND LOSS Finbar achieved outstanding sales from completed stock (including Pelago), projects FY26 FY25 Variance % under construction and new projects launched in FY2026 For personal use only Sales (lots) 566 221 156% Revenue was predominantly derived from sell-down of c
Slide 8: FY26 Financial Results: Balance Sheet
FY26 FINANCIAL RESULTS BALANCE SHEET For personal use only FY26 FY25 Variance % Total assets decreased mainly due to the sale of completed stock and Total Assets $299.4m $360.2m (17%) assets held for sale, partially offset by increased WIP, land acquisitions and cash reserves. Net Assets (Equity) $2
Slide 9: Development Sales Activity
For personal use only DEVELOPMENT SALES ACTIVITY 9 Artist Impression: Romeo - Applecross
Slide 10: Total Value and Lots Sold (Financial Year)
TOTAL VALUE AND LOTS SOLD • Record $528.8 million in value sold to-date, up 124% (FINANCIAL YEAR) • over previous year Average 1.4 sales per day 126% increase over previous year 600 700 For personal use only Millions $529m 600 500 500 400 $329m $334m 400 $304m 300 $277m $273m $262m $253m $237m 300 $
Slide 11: Total Value and Lots Settled (Financial Year)
TOTAL VALUE AND LOTS SETTLED (FINANCIAL YEAR) • $263.7 million in value settled in FY2026 • Comprising completed stock, Pelago Karratha and Bel-Air For personal use only 400 450 TOTAL SETTLEMENTS AND VALUE - FINANCIAL YEAR Millions 350 $353m 400 350 300 $264m 300 250 $249m $246m 250 $208m 200 $180m
Slide 12: Total Current Presales Value
TOTAL CURRENT PRESALES VALUE (FINANCIAL YEAR) • $567 million in total pre-sales: • $495 million in off-the-plan • $71 million in completed stock Civic | Aurora | The Point | Bel-Air For personal use only $600 • $1 million Pelago Karratha $567m Millions $500 $413m $396m $400 $310m $294m $300 $257m $2
Slide 13: Completed Stock Sell Down
• $77 million in completed stock sell down FY2026 at COMPLETED STOCK SELL DOWN Civic Heart, Aurora and The Point (excluding Pelago*) averaging $6.4 million per month. For personal use only $300 Millions Completion $255m $250 Completion Completion Completion $200 $177m $171m $163m $150 Completion Com
Slide 14: Investor Sales (Calendar Years)
INVESTOR SALES • Increased owner occupier buyer profile for Q4 as a result from the launch of Palmyra (CALENDAR YEARS) • West with a median price of $740,000 Increased investors for Q1 and Q2 2026 with the launch of Romeo Applecross For personal use only 80% 70% 67% 57% 58% 60% 55% 53% 53% 54% 48% 4
Slide 15: First Home Buyers (Calendar Years)
FIRST HOME BUYERS • • 14% First home buyers for H1 CY2026 Consecutive increases in first home buyer profile since (CALENDAR YEARS) 2023 as a result of developments targeting mid-level price offerings. For personal use only FINBAR FIRST HOME BUYER 30% 26% 25% 25% 23% 23% 21% 20% 17% 17% 16% 16% 14% 1
Slide 16: Repeat Buyers (Calendar Years)
• 28% repeat buyer sales CY 2026 to-date REPEAT BUYERS • Strong repeat buyer profile driven through (CALENDAR YEARS) effective leveraging of Finbar Loyalty Club membership and brand capital For personal use only 120 30% 28% 19% 100 25% 80 19% 20% 15% No. Units 60 13% 9% 15% 12% 11% 15% 40 10% 20 5%
Slide 17: Completed Projects
For personal use only COMPLETED PROJECTS 17 Bel-Air – Belmont
Slide 18: Completed Projects
COMPLETED PROJECTS For personal use only South Perth Rivervale Applecross Belmont Karratha Completed June 2024 Completed August 2024 Completed October 2024 Completed June 2026 Asset held for sale $445m | 334 units $112m | 176 units $159m | 121 units $115m | 196 units 99% Sold 98% Sold 97% Sold 96% S
Slide 19: Projects Under Construction
For personal use only PROJECTS UNDER CONSTRUCTION 19 Garden Towers – East Perth
Slide 20: Projects Under Construction
PROJECTS UNDER CONSTRUCTION For personal use only East Perth Rivervale Palmyra Applecross Anticipated completion 1H FY27 Anticipated completion 1H FY28 Anticipated completion 1H FY28 Anticipated completion 1H FY29 Construction commencing Sep 26 $296m | 342 units $119m | 143 units $100m | 130 units $
Slide 21: Projects in Pipeline
For personal use only PROJECTS IN PIPELINE 21 Leeder Residences
Slide 22: Projects in Pipeline
PROJECTS IN PIPELINE For personal use only Lyall Street ABC Heritage Bowman Street Rivervale West Leederville South Perth East Perth South Perth \\ Anticipated completion Anticipated completion Anticipated completion Anticipated completion Anticipated completion 2H FY28 2H FY29 FY30 FY31 FY32 $73m |
Slide 23: Five Year Development Pipeline
FIVE YEAR DEVELOPMENT PIPELINE Key Project Milestones: For personal use only • Completion of Bel-Air with 53% settled in H2 FY26 • Completion of Garden Towers in H1 FY27 • Progress construction of Riverbank Residences in line with the program for completion in H1 FY28 • Progress construction of Palm
Slide 24: Outlook
For personal use only OUTLOOK 24 24 Leeder Residences - West Leederville
Slide 25: Strategic Growth Summary
Delivering WA’s Housing Needs STRATEGIC GROWTH SUMMARY 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 For personal use only
Slide 26: Market Outlook: Western Australian Residential Market
MARKET OUTLOOK Current State of the Western Australian Residential Market – Key Trends & Insights For personal use only • Ongoing Strong Migration: Continued strong interstate and overseas migration to 31 December 2025 (ABS, released June 2026) with annual net increase of 10,419 and 40,422 respectiv
Slide 27: Market Outlook: Capital Cities by Value Segment
MARKET OUTLOOK Capital Cities by Value Segment – Quarterly change (3 months to July 2026) For personal use only Cotality’s Monthly Housing Chart Pack August 2026 highlights that dwellings with the lowest 25% by value reflected a minor positive increase, and the middle 50% dwellings by value saw a ma
Slide 28: Important Notice
Important Notice For personal use only 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 l