Financial Performance Highlights - Service Revenue increased by 2.2%, driven by Mobile growth[9, 14] - EBITDA increased by 0.9%, including initial costs of regional network expansion[9, 14] - Operating Free Cash Flow (OFCF) increased by 23.6% due to lower capex and working capital impacts[10, 14] - NPAT increased significantly due to EBITDA growth, lower financing costs, and a tax benefit[9, 14] Mobile Business - Mobile subscribers increased by 100,000, driven by market-leading growth post-regional network expansion[9] - Total ARPU increased by 1% to $34.97 in 1H25[23, 24] - Fixed Wireless subscribers increased by 16.2% and now represent 14% of total fixed subscribers[32] Capital Management - Estimated net cash proceeds of $4.7 billion are expected from capital management plans[11] - A capital reduction plan aims to distribute up to $3 billion to shareholders[11] - $1.7 billion of debt was repaid in August, with further repayments planned[11] FY25 Outlook - Targeting FY25 annual dividend of 18 cents per share, same as FY24[10] - FY25 EBITDA guidance (excluding material one-offs) is $1.605 billion to $1.655 billion on a Pro Forma basis[94] - FY25 capital expenditure (excluding spectrum payments) is expected to be approximately $790 million[94]

Business Performance & Strategy - Smartpay has 20,500+ transacting terminals in Australia and 31,000+ terminals in the New Zealand market as of March 31, 2025 [15] - Smartpay's continuing revenue growth reached $104.7 million, with a strong EBITDA of $16.6 million in FY24 [15] - Normalised EBITDA excluding New Zealand pre-investment was $21.5 million in FY24 [15] - Smartpay is focusing on expanding its outbound sales team and target verticals in Australia to grow market share [20] - Smartpay aims to convert 75% of its existing fleet of 31,000+ New Zealand terminals over the next 3 years [55] New Zealand Acquiring - New Zealand acquiring pilot program shows per terminal revenue of approximately $400, 10 times the legacy terminal revenue of $40 [54] - Smartpay is targeting 5,000+ merchants in New Zealand by the end of FY26 [58] - Year to date revenue from New Zealand acquiring is $400k [29] Regulatory Impact - The RBA's preliminary decision on Australian payments review could potentially impact up to 10% downside on Australian revenues if surcharging is banned [49] - New Zealand Commerce Commission's decision to reduce domestic personal credit in-person interchange fees to 0.30% by December 2025 may benefit gross margin [52] Ordinary Resolutions - Resolution 1 regarding fixing the auditor's remuneration was approved with 140,397,299 votes for (57.99% of all securities) [69] - Resolutions 2, 3, 4, 5 and 6 regarding the election and re-election of directors were also approved with a majority of votes [70, 71, 72, 73, 74]

Financial Performance Highlights - Atlas Arteria's statutory net profit after tax was $733 million, a decrease of 329% compared to H1 2024's $1092 million[24, 39] - Proportional toll revenue increased by 81% to $9545 million compared to H1 2024[24, 39] - Proportional EBITDA increased by 78% to $7292 million compared to H1 2024[24, 39] - Free cash flow per security increased by 90% to 194 cents per security, compared to 178 cents per security in H1 2024[24, 39] Distribution and Outlook - The company reaffirmed its 2025 distribution guidance of 40 cents per security[24, 45] - The distribution policy targets a payout of 90-110% of free cash flow on a full-year basis, with 2025 expected to be above this range due to the impact of the French Temporary Supplemental Tax (TST)[45] - The company is targeting future distributions of at least 40 cents per security, supported by growing free cash flow[45] Strategic Initiatives - The company is pursuing associated growth projects in partnership with Eiffage, such as A412 and A154[24] - The company is proceeding with Dulles Greenway federal litigation and a new rate case application[24] - An FX hedging program has been implemented over the 2025 distribution guidance period[24, 45]

Equity Raising Overview - Core Lithium is undertaking an equity raising comprising a placement of approximately A$50 million and a share purchase plan (SPP) of up to A$10 million[50] - The offer price for the placement and SPP is A$0105 per share, representing a 125% discount to the last traded price of A$0120 on 26 August 2025[50] - The placement involves the issue of approximately 4762 million new shares[50] - The SPP is available to eligible shareholders in Australia and New Zealand, allowing them to apply for up to A$30,000 worth of new shares[50] Use of Funds - The company plans to use the funds raised for long-lead items (A$58 million), BP33 box cut and decline development (A$250 million), operational readiness activities (A$92 million), and general working capital and costs of the offer (A$294 million)[51] Finniss Lithium Project - The Finniss Lithium Project has an Ore Reserve of 107Mt at 129% Li2O and a Mineral Resource of 485Mt at 126% Li2O[54] - The project aims for an average future annual production of 205ktpa (SC6 eq)[41] - The project anticipates low operating costs of A$690 – A$785/t FOB SC6 eq excluding royalties[41] Production and Cost Optimization - The company is optimizing the mine plan, simplifying the flowsheet, and increasing throughput to 12Mtpa[57] - Underground mining at BP33 is expected to deliver low mining costs of A$63 - A$72/t of ore[58] - Plant upgrades will result in a 20% increase in throughput capacity to 12Mtpa[65]

PLS Project Overview - The PLS Project is located in the Athabasca Basin, Canada, a premier high-grade uranium mining jurisdiction[36] - The project targets first uranium production in 2031, reflecting engineering, procurement, construction, and regulatory approval timelines[23] - The project boasts a probable mineral reserve of 93.7 Mlb U3O8 at 1.41%[21] Economic Outcomes - The initial mine life is estimated at 10 years[22] - Average annual production target is approximately 9.1 Mlb U3O8 over the mine life[21, 22] - The Life of Mine (LOM) operating cash cost is forecast at US$11.7/lb[23] - The pre-production capital cost is estimated at US$1,226 million[22, 23] - The sustaining capital cost (LOM) is estimated at US$325 million[22] Growth Potential - The company is focused on extending Triple R mineralized zones and infill drilling to convert 25.1 Mlb U3O8 of indicated mineral resources and 10.9 Mlb U3O8 of inferred mineral resources to mineral reserves[28] - Drilling at the Saloon East zone is planned to follow up on significant radioactivity intersected in 2024 and 2025[28]

For personal use only FY25 Results Xref is transitioning to a full subscription- based business, with annuity revenue now forming the vast majority of revenue. The company has streamlined operations and its business model to accelerate growth and reduce overheads. The focus is now on a single technical platform, complemented by self-sign-on and auto- renewal subscriptions, aiming to further boost recurring annuity revenue. Tom Stianos Chairmain Revenue growth +7% $21.3m ARR growth +29% $19.3m EBITDA growth ...

Financial Performance - Air New Zealand's operating revenue reached $6.8 billion, consistent with the previous year[35] - Earnings before taxation (EBT) decreased by 15% to $189 million[35] - Net profit after taxation (NPAT) declined by 14% to $126 million[35] - The company declared full year unimputed ordinary dividends of 2.5 cents per share[35] Operational Challenges and Mitigation - Aircraft availability challenges resulted in an estimated $165 million adverse impact on 2025 earnings, partially offset by $129 million in compensation[11,37] - Transformation initiatives delivered approximately $100 million in EBITDA benefits in 2025[23] - The airline is actively managing aircraft availability due to global engine maintenance delays, with up to 11 aircraft grounded out of a 60 jet fleet in 2025[27] Capacity and Demand - Available Seat Kilometers (ASKs) decreased by 4%[11] - Passenger numbers decreased by 3% to 16 million[11] - Loyalty members increased by 9% to over 5 million[12] Future Outlook - The airline anticipates a 2% to 4% increase in group capacity in 2026, equating to approximately 90% of pre-Covid capacity[77] - Fuel costs for 2026 are estimated at approximately $1.5 billion, assuming a jet fuel price of US$85 per barrel, with approximately 70% of volumes hedged[79,105] - Continued price increases in landing charges, aviation security, and air navigation for 2026 are expected to result in approximately $85 million (13%) incremental cost[79]

Financial Performance - NetApp achieved Q1 FY26 revenue of $1.56 billion, a 1.2% year-over-year increase[44] - Billings for Q1 FY26 reached $1.51 billion, representing a 4.3% year-over-year growth[44] - The company's Q1 FY26 Non-GAAP gross margin was 71.1%, a decrease of 110 bps year-over-year[44] - Non-GAAP earnings per share for Q1 FY26 were $1.55, a 0.6% decrease year-over-year[44] - NetApp's Q1 FY26 free cash flow was $620 million, resulting in a free cash flow margin of 39.8%[43, 44] Segment Performance - Public Cloud Services gross margin long-term target range raised to 80%-85%[43] - Public Cloud Segment Net Revenues is $161 million[84] - Hybrid Cloud Segment Net Revenues is $1.398 billion[84] Future Outlook - NetApp reaffirmed its FY26 revenue guidance of $6.625 billion to $6.875 billion[82] - The company projects a Non-GAAP gross margin of 71% to 72% and a Non-GAAP operating margin of 28.8% to 29.8% for FY26[82]

Financial Performance - URBN's total sales for Q2 increased by 11% to a record $150 billion[7, 12] - Gross profit increased by 15% to $566 million, with the gross profit rate up 113 bps to 376%[8, 28] - Operating income increased by 20% to $174 million, and the operating income rate rose 85 bps to 116%[10, 33] - Net income reached a record $144 million, or $158 per diluted share[11, 38] Segment Performance - Retail segment sales increased by 8% to $129 billion, with comparable sales up 6%[7, 12] - Wholesale segment sales increased by 18% to $77 million, driven by a 19% increase in Free People wholesale sales[7, 13] - Subscription segment sales increased by 53% to $139 million, primarily due to a 48% increase in average active subscribers[7, 13, 25] Brand Performance - Anthropologie sales increased by 7% to $607 million[14] - Free People sales increased by 14% to $415 million, with Free People brand sales up 9% and FP Movement brand sales up 30%[16] - Urban Outfitters sales increased by 5% to $333 million[19]

Q2 Fiscal Year 2026 Performance - Total revenue reached $861 million, representing a 13% year-over-year growth[9] - Subscription Annual Recurring Revenue (ARR) hit $1.8 billion, an 18% year-over-year increase[9] - Storage as a Service offerings generated $125 million in revenue, a 24% year-over-year growth[9] - Non-GAAP operating margin was 15.1%[9] - Free cash flow was $150.1 million, resulting in a free cash flow margin of 17.4%[12, 33] Customer Satisfaction and Adoption - The company has over 13,500 global customers[9] - Net Promoter Score (NPS) reached 81, the highest in the industry[9] - 62% of Fortune 500 companies are customers[9, 31] Financial Position - Total cash and marketable securities amounted to $1.54 billion[9] - Remaining Performance Obligations (RPO) reached $2.84 billion, a 22% year-over-year growth[9] Future Outlook (Guidance) - Q3 Fiscal Year 2026 revenue is projected to be between $950 million and $960 million, indicating a year-over-year growth of 14.3% to 15.5%[57] - Q3 Fiscal Year 2026 non-GAAP operating income is expected to range from $185 million to $195 million, a year-over-year growth of 10.6% to 16.6%[57] - Fiscal Year 2026 revenue guidance was raised to $3.60 billion - $3.63 billion, reflecting a 13.5% to 14.5% year-over-year growth[59] - Fiscal Year 2026 non-GAAP operating income guidance was increased to $605 million - $625 million, an 8.2% to 11.7% year-over-year growth[59]