• Solid performance across key metrics in FY25
• Valuable portfolio positioned to benefit from energy transition
• $1.7 billion in battery investments and wind farm project

Origin Energy Limited held its Annual General Meeting on October 15, 2025, where the company's Chair and Managing Director provided an update on the company's performance and strategy. The company reported a solid financial performance in FY25, with a statutory profit of $1.48 billion and an underlying profit of $1.49 billion. Origin's diverse portfolio, including the largest fleet of gas peaking plants, an advanced Virtual Power Plant, $1.7 billion in battery investments, and transmission access rights for the Yanco Delta Wind Farm development project, positions the company to benefit from the energy transition. The company also highlighted its reliable supply of low-cost gas to Australia via Australia Pacific LNG. Origin's retail business delivered strong organic growth in customer accounts, supported by high Customer Happiness and Trust scores, while reducing costs by $50 million. The company also presented its second Climate Transition Action Plan, outlining its progress in preparing the business for a lower-carbon future and its commitment to its 2030 emissions reduction targets and long-term ambition to be net zero by 2050. Additionally, Origin continued to support communities through initiatives such as providing $38 million in targeted assistance to help customers in financial hardship and contributing $4 million to community initiatives through its philanthropic foundation.

Origin Energy expects Energy Markets Underlying EBITDA to be $1,400 - $1,700 million in FY26. 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. Australia Pacific LNG FY26 production is expected to be 635 - 680 PJ, while gains from Origin LNG Trading are expected to be $100 - $150 million in FY26. Origin's share of Octopus Energy Underlying EBITDA is expected to improve to $0 - $150 million.

Origin Energy remains focused on executing its strategy across three key pillars: unrivalled customer solutions, growing renewables and storage, and providing reliable energy supply to Australian homes and businesses through the transition. The company believes its portfolio strengths, customer leadership, expanding renewables and storage, and investment in Octopus Energy position it to seize emerging opportunities and support its growing customer base through the energy transition.