Slide 1: 2026 Full Year Results Investor Presentation
2026 Full Year Results Investor Presentation Full year ended 30 June 2026 20 August 2026 Presented by Tony O’Malley Brendan York Managing Director & CEO Chief Financial Officer IPH Limited IPH Limited
Slide 2: Disclaimer
FY26 Results iphlimited.com Disclaimer This document has been prepared by IPH Limited (IPH) and comprises written materials/slides for a presentation concerning IPH. This presentation is for information purposes only and does not constitute or form part of any offer or invitation to acquire, sell or
Slide 3: Contents
FY26 Results iphlimited.com Contents 01 02 03 New CEO Observations FY26 Highlights Financial Results 05 08 11 04 05 06 07 Segments Update Operations Update Summary and Priorities Appendix 29 18 22 25 3
Slide 4: About IPH
FY26 Results iphlimited.com IPH offices IPH coverage Primary IP markets Secondary IP markets About IPH 8 A leading international IP services group offices in Canada No.1 Patent group in Australia, 7 offices across Asia-Pacific Canada, Indonesia, New Zealand, the Philippines and Singapore1 Trade mark
Slide 5: New CEO Observations
FY26 Results iphlimited.com 01 New CEO Observations 5
Slide 6: Strong Foundations in a Changing Market
FY26 Results iphlimited.com Strong Foundations in a Changing Market IPH fundamentals are strong Innovation landscape is changing › Deep technical expertise and highly respected › Evolving market dynamics are reshaping filing local brands patterns and client expectations › Strong client and referrer
Slide 7: Key Enterprise Priorities
FY26 Results iphlimited.com Key Enterprise Priorities 1. Accelerate Sustainable Growth 2. Simplify and Scale the Platform 3. Build Future Capability › Increase client connectivity across IPH › Integrate systems and processes › Scale adoption of AI and automation › Drive enterprise-wide business deve
Slide 8: FY26 Highlights
FY26 Results iphlimited.com 02 FY26 Highlights 8
Slide 9: FY26 Highlights
FY26 Results iphlimited.com Increased net profit and dividend in FY26 Continued recovery in Canada Underlying EBITDA impacted by negative FX impact; Revenue growth and synergies/ Like for Like Underlying EBITDA up 2.9% cost‑out drives 11.8% lift in like‑for‑like Underlying EBITDA Underlying EBITDA1
Slide 10: Global scale and diversity of IPH Group
FY26 Results iphlimited.com Global scale and diversity of IPH Group Market leading presence across key secondary IP markets › Global scale provides resilience and diversity to earnings FY26 Total revenue FY26 Underlying EBITDA Patent filings base from exposure to large number of IP jurisdictions by
Slide 11: Financial Results
FY26 Results iphlimited.com 03 Financial Results 11
Slide 12: Key financial metrics
FY26 Results iphlimited.com Key financial metrics Revenue 1 Underlying NPATA3 Statutory NPAT $712.8m $122.7m $80.4m 0.4% 1.7% 16.9% Underlying EBITDA2 Underlying Basic EPSA4 Statutory Basic EPS $205.9m 47.2cps 30.9cps (0.6%) 4.2% 19.7% Cash conversion Final Dividend5 FY26 Total Dividends6 110% 19.5c
Slide 13: Financial performance
FY26 Results iphlimited.com Financial performance $’m Revenue Other income FY26 710.4 2.4 FY25 706.2 4.1 Movement 4.2 (1.7) › Total revenue of $712.8m is $2.5m › Underlying EBITDA margin down Total Revenue 712.8 710.3 2.5 or 0.4% up on the prior year, driven 0.3pp reflecting decline in ANZ Agent fee
Slide 14: Balance sheet
FY26 Results iphlimited.com Balance sheet #039;m Cash and cash equivalents Trade and other receivables 30 Jun 2026 59.8 167.9 30 Jun 2025 59.0 174.0 Contract assets 25.4 33.1 Intangibles 892.1 1,006.8 › Trade and other receivables decreased $6.1m from 30 June 2025 with Plant and equipment 15.5 19.4 imp
Slide 15: Cashflow and working capital
FY26 Results iphlimited.com Cashflow and #039;m Underlying EBITDA FY26 205.9 FY25 207.2 working capital Less: Non-underlying adjustments (9.4) (20.8) EBITDA 196.5 186.4 Add back non-cash expenses - Share-based payment expense 1.7 4.9 - Impairment of ROU, PPE and Brand name assets 2.9 2.4 › Continued st
Slide 16: Capital Management
FY26 Results iphlimited.com Capital Management Debt Debt 30 Jun 26 $’m 376.3 31 Dec 25 $’m 388.3 30 Jun 25 $’m 415.3 Cash (59.8) (49.0) (59.0) › Debt down $39m (9.4%) from 30 June 2025 Net Debt 316.5 339.3 356.3 › FY26 Final dividend of 19.5 cents per share, resulting in FY26 Leverage ratio2 1.8x 1.
Slide 17: Segment like-for-like financial performance
FY26 Results iphlimited.com Segment like-for-like financial performance Canada ANZ Asia Group Revenue1 5.8% (4.2)% 2.6% 1.6% Underlying EBITDA1 11.8% (7.2)% (1.3)% 2.9% Underlying EBITDA margin 1.4pp (1.1)pp (1.6)pp 0.4pp 1. Like-for-Like Revenue and Underlying EBITDA calculated by removing: impact
Slide 18: Segments Update
FY26 Results iphlimited.com 04 Segments Update 18
Slide 19: Canada
FY26 Results iphlimited.com Canada Financial Metrics % Change FY26 FY25 % Change Like-for-like1 Market commentary Revenue 318.5 293.3 8.6% 5.8% › Smart & Biggar is the no.1 patent filer and no.1 Underlying EBITDA 83.6 76.0 10.0% 11.8% trade mark filer in Canada.2 Underlying EBITDA margin 26.2% 25.9%
Slide 20: ANZ
FY26 Results iphlimited.com ANZ Financial Metrics % Change FY26 FY25 % Change Like-for-like1 Market commentary Revenue 285.6 310.6 (8.0%) (4.2%) › The Australian patent market (excluding self- Underlying EBITDA 94.1 109.9 (14.4%) (7.2%) filed provisional applications) increased by 2.1% with IPH decl
Slide 21: Asia
FY26 Results iphlimited.com Asia Financial Metrics % Change Market commentary FY26 FY25 % Change Like-for-like1 › The overall Singapore patent filing market Revenue 120.4 120.7 (0.2%) 2.6% (excluding self-filed provisional applications) decreased by 0.6% in FY26 compared to FY25. Underlying EBITDA 4
Slide 22: Operations Update
FY26 Results iphlimited.com 05 Operations Update 22
Slide 23: AI Supporting Growth and Efficiency
FY26 Results iphlimited.com AI Supporting Growth and Efficiency Scaling proven use cases to drive productivity and client value through secure and responsible AI > 220 46,000+ 1,600+ Up to 75% active practitioners patent matters efficiency gained through AI AI queries using AI tools processed proces
Slide 24: Our commitment to sustainability in FY26
FY26 Results iphlimited.com Our commitment to sustainability in FY26 Embedding sustainability in how we operate Governance, Privacy & Data Security Diversity, Equity & Inclusion Impact & Innovation Education & Training Manage risk effectively, maintain Build and support a diverse and Champi
Slide 25: Summary and Priorities
FY26 Results iphlimited.com 06 Summary and Priorities 25
Slide 26: Priorities for FY27
FY26 Results iphlimited.com Priorities for FY27 Drive sustainable organic growth through Maximise the advantage of IPH’s Accelerate collaboration across the deeper client engagement, expanded international platform across Group to deliver a more connected service offerings, and greater leverage Aust
Slide 27: Q&A
FY26 Results iphlimited.com Q&A 27
Slide 28: Thank you
FY26 Results iphlimited.com Thank you 28
Slide 29: Appendix
FY26 Results iphlimited.com 07 Appendix 29
Slide 30: Foreign currency sensitivity
FY26 Results iphlimited.com Foreign currency sensitivity Earnings currency sensitivity Service revenue and operating expense currencies › Based on FY26 USD currency financial data across the Group, approximately 37% of revenue was generated in USD, whilst only a very small proportion of operating ex
Slide 31: Reconciliation of Statutory NPAT to Underlying NPATA
FY26 Results iphlimited.com Reconciliation of Statutory NPAT to Underlying NPATA #039;m FY26 FY25 Non-underlying expenses include: Statutory NPAT 80.4 68.8 › Impairment and termination charges relate to property related right-of-use asset and leasehold improvement assets of $1.6m in relation to the Gro
Slide 32: Update on CIPO issues
FY26 Results iphlimited.com Update on CIPO issues Some easing of CIPO disruption in FY26, however Workflow impact of CIPO delay (Smart & Biggar only) no meaningful recovery of workflow backlog 2,500 › CIPO service levels have stabilised, with Examiner’s Report 2,000 volumes remaining broadly consist
Slide 33: Patent market – Australia
FY26 Results iphlimited.com Patent market – Australia Australian patent filings – market1 Australian patents - IPH Group market share2 40% 1,228 1,278 1,301 2,008 6,894 30 31,819 30,785 34.0% 30,608 29,778 32.4% 31.7% 29,152 29.3% 20 24.1% 10 0 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Stand
Slide 34: Patent market – Singapore
FY26 Results iphlimited.com Patent market – Singapore Singapore – Patent market filings1 Singapore patents – IPH Group market share2 20,000 25% 16,000 20 21.9% 21.9% 21.1% 18.8% 12,000 14,569 15 13,289 13,190 13,435 8,000 10 4,000 5 0 0 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 › Latest data for FY26
Slide 35: IPH patent filings – Asia
FY26 Results iphlimited.com IPH patent filings – Asia1 1,600 1,200 800 400 0 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 China Hong Kong Indonesia Malaysia Philippines Thailand Vietnam › The Asian IPH patent filings excluding Singapore was
Slide 36: US PCT applications
FY26 Results iphlimited.com US PCT applications US PCT applications CAGR 10 Yr (CY16 to CY25) = -0.8% PCT applications from the US – % change on PY (last 6 months)1 70,000 0.01 % growth in PCT applications filed from US applicants 60,000 0 50,000 (0.01) 40,000 (0.02) 30,000 (0.03) 20,000 (0.04) 10,0
Slide 37: PCT filings
FY26 Results iphlimited.com PCT filings China PCT applications CAGR 10 Yr (CY16 to CY25) = 5.5% PCT applications originating from Japan CAGR 10 Yr (CY16 to CY25) = 0.6% 80,000 80,000 60,000 60,000 40,000 40,000 20,000 20,000 0 0 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 08 09 10 11 12 13 14
Slide 38: Patent lifecycle
FY26 Results iphlimited.com Patent lifecycle Long-life cycle supports consistent revenues and earnings Each year more than half 1 of the total patent applications filed Typical (indicative) foreign patent route in Australia in Australia come through the PCT system in the form of PCT National Phase p
Slide 39: IPH Limited
IPH Limited Level 22, Tower 2, Darling Park 201 Sussex Street Sydney NSW 2000, Australia T 02 9393 0301 F 02 9261 5486 E info@iphlimited.com