• Nido delivered a positive Adjusted NPAT for the second consecutive year
• 99% of Nido's owned and managed services hold a meeting or exceeding rating for Quality Area 1 - Educational Program and Practice
• Nido advanced its mission to deliver quality early education by investing in educator development, resulting in a 23% increase in staff retention

On behalf of the Board, Nido Education Limited (Nido) is pleased to present its Annual Report for the year ended 31 December 2025. In 2025, Nido has remained focused on execution, realizing sustainable productivity increases and delivering efficiency improvements. The disciplined execution of its unique operating and growth model resulted in Adjusted EBITDA of $17.0 million and Adjusted NPAT of $11.1 million. Highlights include Nido delivering a positive Adjusted NPAT for the second consecutive year, maintaining strong quality of education and care with 99% of Nido services rated meeting or exceeding for Quality Area 1 - Educational Program and Practices, and strengthening safety, governance and compliance through increased training and tightened processes. Nido continues to scale its national footprint, with 16 services currently in the incubation phase and a comprehensive portfolio of owned, managed, and developing assets. The company has also refreshed its brand message to 'Every Day Matters', reflecting its commitment to bring the best of Nido to families every day. Nido advanced its mission to deliver quality early education by investing in educator development, resulting in a transformative 23% increase in staff retention over the past year. Financially, Nido recorded statutory EBITDA of $39.4 million and statutory NPAT of $6.5 million. The Board has determined a fully franked dividend of 2.2 cents per share. Looking ahead, Nido sees the outlook for the sector improving in 2026 due to government policy changes, and the company remains committed to gender equity and will establish 2026 targets.

Nido reported Adjusted EBITDA of $17.0 million and Adjusted NPAT of $11.1 million for the year ended 31 December 2025.

Nido sees the outlook for the sector improving in 2026 as a result of government policy changes, specifically the introduction of the 3 Day Guarantee and cost of living measures, which will make child care more accessible for many families.