HY26 Investor Presentation

• Increased earnings and dividends in HY26
• Strong turnaround in Canada and return to growth in Asia drives improved performance
• Enhanced scale and diversity of IPH Group

IPH Ltd reported strong financial results for the half year ended 31 December 2025, with increased earnings, dividends, and a turnaround in Canada and return to growth in Asia. Underlying EBITDA increased 6.6% to $107.1m, Underlying NPATA increased 2.6% to $62.6m, and the interim dividend was increased by 11.8% to 19 cents per share. The company's enhanced scale and diversity, with 58% of Underlying EBITDA now generated outside the ANZ segment, has provided resilience and mitigated fluctuations in certain markets. The company is focused on driving operational efficiencies, refocusing business development initiatives, and leveraging its global network to deliver growth. The financial performance was driven by a strong turnaround in Canada, with organic revenue growth and synergies/cost-out driving an 18.9% lift in like-for-like earnings, as well as a return to growth in Asia with a 3.5% increase in like-for-like revenue and a 1.5% increase in earnings.