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Origin Energy : Tax Contribution Report 2024

Origin Energy : Tax Contribution Report

Origin Energy LimitedOctober 1, 20255
Origin Energy : Tax Contribution Report 2024

About this update from Origin Energy Limited

Message from the Chief Financial Officer I am pleased to present Origin's 2024 Tax Contribution Report, detailing the taxes we paid in FY24 and FY23. Origin's disclosure in this report aligns with the recommendations of the Board of Taxation's voluntary Tax Transparency Code, which aims to increase transparency around how much tax businesses pay and why. This report details how Origin meets its taxation obligations. Origin is open about its tax arrangements and how it complies with all applicable tax laws and regulations. In FY24, Origin paid $703 million to federal and state governments comprising income tax, payroll tax, excise, and fringe benefits tax. This has increased by $453 million from the previous year, primarily due to an increase in income tax paid associated with higher taxable income in FY24. Origin creates significant economic value through the performance of its Integrated Gas and Energy Markets divisions. In addition to paying taxes, Origin contributes to Australia's economic growth through employment, procurement of goods and services and community and infrastructure investments. Origin is proud of the positive contribution the company continues to make to the communities in which it operates and the broader Australian economy. Tony Lucas Chief Financial Officer

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