• Statutory profit (after tax) of $13.9m, up 13.0% on 2H25, down 49.1% on pcp
• Assets under management ('AUM') of $5.4b, down 1.9% on 2H25 and up 1.3% on pcp
• Net interest margin ('NIM') of 5.5%, up 10bps on 2H25, flat on pcp

humm Group Limited (ASX: HUM) ('hummgroup' or 'the Company') today released its results for the six months ended 31 December 2025 ('1H26'). Statutory profit (after tax) improved to $13.9m in 1H26, up 13.0% on 2H25, reflecting the benefit of no intangible impairments in the half, partially offset by the adjustment to the Forum Finance litigation provision following the recent Federal Court judgment. The movement relative to pcp reflects the anticipated higher credit losses as a result of the seasoning of the Commercial portfolio following the successive prior periods of higher growth, the absence of the prior-period benefit of the $7.9m expected credit loss provision release following the initial Forward Flow receivables sale, and higher legacy items of an irregular nature, including an increase in the Forum Finance litigation provision. The Commercial business continued to grow AUM amid broader SME market headwinds through its leading broker relationships and credit discipline. The Consumer business delivered statutory profit (after tax) of $14.3m, an increase of 76.5% on pcp and 180.4% on 2H25, supported by strong performance across humm Ireland and Cards NZ. Cost to income ratio increased to 57.4%, reflecting targeted investment to strengthen long-term operating leverage and $8.3m of irregular items, including the adjustments to the Forum Finance litigation provision. The Board has determined a fully franked interim dividend of 1.50 cents per share, payable in March.

Management expects Commercial credit losses to stabilise into 2H26 and normalise through the remainder of the year, while prioritising the restoration of humm AU volume.

hummgroup remains focused on profitable growth, leveraging strong credit performance, tighter origination settings and continued investment in product and technology to enhance customer, broker and merchant experience. The optimisation of humm AU and transformation of Cards technology platforms will remain a key strategic priority over the next twelve months.