• Finbar declares 2c fully franked final dividend for FY25
• Company has $36M cash on hand and strong balance sheet
• Finbar's 5-year development pipeline exceeds $1 billion in estimated end value

Finbar Group Limited (ASX: FRI), Western Australia's leading apartment development company, has announced the reinstatement of regular dividend payments and declared a 2 cent fully franked Final dividend for FY25. The company finished FY25 with $36M cash on hand, providing a robust balance sheet position to underpin future developments and the payment of the Final dividend. Finbar has developed a strong five-year development pipeline with well-located sites, representing an estimated end value of over $1 billion. This includes $390M in current projects under construction, $363M in projects with DA approvals pending, and $261M in future plans. The WA market remains strong, with Finbar achieving an average of $11.8M in monthly sales of completed stock through FY25. The company has also completed the sale of its non-core subsidiaries, Finbar to Rent and Finbar Sales, to focus on its core apartment development business. Finbar CEO Ronald Chan stated that the declaration of the final dividend is a significant acknowledgement of the importance of returns to shareholders, and the company is well-positioned to deliver on its future development pipeline through its longstanding relationships with key partners.

Finbar finished FY25 with $36M cash on hand and a strong balance sheet, underpinning the ability to deliver on its $1 billion+ development pipeline while also providing regular shareholder returns via dividends.

Finbar is focused on delivering value to shareholders through a combination of regular returns and reinvestment into its future pipeline activities. The company's unique competitive advantage through its long-term relationship with Hanssen provides cost certainty, margin protection and confirmed delivery capacity to execute on its development pipeline.