• Successful completion of the Accelerate transformation program
• Assets under management or financed ('AUMOF') up 6% compared to prior comparative period
• New Business Writings ('NBW') down 17% compared to prior comparative period

FleetPartners Group Limited (ASX: FPR) today releases its results for the half-year ended 31 March 2025. Highlights include the successful completion of the Accelerate transformation program, AUMOF of $2.3 billion (up 6% compared to prior comparative period), NBW of $370 million (down 17% compared to prior comparative period), NOI pre EOL and provisions of $82.1 million (up 8% compared to prior comparative period), and NPATA of $38.9 million (down 7% compared to prior comparative period). The decline in NBW was partly driven by the unwinding of the elevated order pipeline in the prior comparative period and temporarily impacted by the Accelerate system cutover. The Group expects the variance to the prior comparative period to improve over the remainder of FY25. The Group has announced a 2H25 share buy-back of up to $25.3 million and the appointment of James Allaway as Chief Strategy Officer to play a leading role in the Group's growth agenda.

The Group reiterates FY25 operating expense guidance of $91 - $92 million, which incorporates the $6 million annualised cost reduction that will be delivered by the Accelerate transformation program.

The successful completion of the Accelerate business transformation program means the Group is now entering an exciting new chapter and one defined by a reinvigorated focus on growth. The Group's strong financial posture is now complemented by significantly enhanced operational capabilities, positioning it to capitalise on new organic and inorganic opportunities with greater agility and confidence.