Record FY26 reinforces Turners' FY31 strategic targets

• Record normalised net profit before tax (NPBT) of $63.2m, up 16% on FY25
• Each of the three core divisions delivered profit growth
• FY27 target of $65m NPBT achieved a year early
• Full-year dividend increased by 14% to 33.0cps
• Strong momentum from Finance and Insurance divisions

Turners Automotive Group (NZX/ASX: TRA) has delivered a record financial result for the year ended 31 March 2026 (FY26), reinforcing the Group's trajectory toward the FY31 strategic targets set out at its March 2026 Investor Day. Turners delivered record normalised net profit before tax (NPBT) of $63.2 million, up 16% on FY25. Each of the three core automotive divisions (Auto Retail, Finance and Insurance) delivered profit growth, with Q4 a record quarter for the business. The result brings forward the Group's $65 million NPBT target (originally set for FY28) into FY27, which would mark the third successive multi-year target Turners has met or exceeded ahead of schedule, and lays the foundation for the new $100 million NPBT target by FY31. Key Financial Highlights (FY26 vs FY25) Revenue: $451.2m, +9% Normalised EBIT: $70.6m, +14% Reported NPBT: $55.7m, +3% Normalised NPBT: $63.2m, +16% Reported NPAT: $38.2m, -1% Normalised NPAT: $45.6m, +18% Normalised Earnings per share (EPS): 50.4cps, +16% Final dividend declared: 9.0cps, fully imputed Full year dividend: 33.0cps, +14%

NPBT target of $65m achieved in FY27, a year early

Turners expects to continue making strong progress towards achieving the FY28 target of $65M NPBT in FY27. The Group remains on track toward its $100m FY31 NPBT target.