• Statutory profit up to $1,481M, underlying profit up to $1,490M
• Underlying EBITDA down to $3,411M due to lower Energy Markets earnings
• Received $797M in fully franked dividends from Australia Pacific LNG

Origin Energy Limited (Origin) reported statutory profit for the full year ended 30 June 2025 of $1,481 million, up from $1,397 million in the prior year. Underlying profit rose to $1,490 million, up $307 million from $1,183 million in the prior year, primarily due to a lower income tax expense as dividends from Australia Pacific LNG switched from partially to fully franked. Underlying EBITDA was $3,411 million, a $117 million decline on FY24, as higher Integrated Gas earnings from LNG trading helped offset lower earnings in Energy Markets and Octopus Energy. Origin received $797 million in fully franked dividends from Australia Pacific LNG, with a further $335 million dividend received on 3 July relating to cash generated in FY25. This compares to largely unfranked distributions of $1,384 million in FY24. The Board determined a fully franked final dividend of 30 cents per share. Shareholders will receive total fully franked dividends for FY25 of 60 cents per share, representing 86 per cent of adjusted free cash flow. This compares to total dividends of 55 cents per share in FY24. Origin advanced key strategic priorities, progressing construction of its Eraring and Mortlake batteries, receiving transmission access rights for the Yanco Delta wind farm project, delivering good operational performance across gas and generation assets, and growing customer accounts strongly.

Energy Markets Underlying EBITDA is expected to be $1,400 - $1,700 million in FY26, with electricity gross profit expected to be relatively stable and gas gross profit expected to improve moderately. Cost to serve is expected to improve by a further $50 - $100 million in line with the target to achieve total savings of $100 - $150 million by FY26, compared to FY24. Australia Pacific LNG production is expected to be 635 - 680 PJ (APLNG 100 per cent). Unit capital expenditure and operating expenditure is expected to be $4.3-$5.0/GJ. Gains from LNG Trading are expected to be $100- $150 million. Origin's share of Octopus Energy Underlying EBITDA is expected to improve to $0 - $150 million.

The outlook for FY26 is positive, and Origin remains focused on executing its strategy at speed across three key pillars: unrivalled customer solutions, growing renewables and storage, and providing reliable energy supply to Australian homes and businesses through the transition.