• $17 million in non-recurring cash expenses in 1H26
• $4.5 million non-cash expense for reduction in value of redundant acquired software
• 1H26 Group Underlying Operating Profit continues to track to expectations

nib Holdings Ltd (nib) has advised that while 1H26 has not yet closed, it expects the following non-recurring one-off items, which will impact Statutory Operating Profit (SOP) but not Underlying Operating Profit (UOP): 1) Non-recurring cash expenses in 1H26 are expected to be around $17 million, which is higher than previously indicated at nib's FY25 results briefing. These expenses partly relate to historical adjustments for the Private Health Insurance Australian Government Rebate (AGR) and NSW Hospital Insurance Levy (HIL). 2) A non-cash expense (before tax) of around $4.5 million is expected to be incurred in 1H26 for the reduction in the value of redundant acquired software relating to acquisitions in nib Thrive. nib has consolidated the majority of these businesses onto a single technology platform to enhance automation, operating efficiency and ongoing business model simplification. nib's 1H26 Group UOP performance continues to track to expectations (subject to the 2Q26 risk equalisation outcome).