1H26 Results Investor Presentation

• NPATA returned to growth alongside continued strong cash generation
• Funded VUMOF grew 3% vs pcp, with growth in Novated and Remunerator acquisition
• Announced $20m buy-back and declared 11.9c fully franked interim dividend, representing 13% annualised grossed-up yield

FleetPartners Group Ltd (ASX:FPR) reported its 1H26 financial results, with NPATA growing 2% year-on-year and NPATA pre EOL up 7%. This was driven by a 4% increase in core income, aligned with a 4% growth in average AUMOF. End of lease income declined 3%, with a 4% decrease in average EOL per unit partially offset by a 1% increase in units sold. Operating expenses were up 6%, reflecting the inclusion of the Remunerator acquisition and a portion of remuneration-related costs moving from share-based payments to opex. Funded VUMOF grew 3% versus the prior corresponding period, with growth in Novated and the Remunerator acquisition partially offsetting reductions in Fleet Australia and Fleet New Zealand. The company announced a buy-back of up to $20m, reflecting the Board's confidence in the company's balance sheet strength and future cash generation. FleetPartners also declared a fully franked interim dividend of 11.9 cents per share, representing a 13% annualised grossed-up yield.