• Strong first half performance with a net profit after tax of $26.6m
• Underlying NPAT of $29.1m, 32.9% higher than the prior comparative period
• Fully franked dividend of $0.035 per share declared
• On-market share buy-back of up to 10% of issued capital announced
• Managing Director and CEO resignation, effective after six-month notice period

Select Harvests Ltd delivered a strong first half performance, underpinned by disciplined execution of its strategy, improving almond market fundamentals, and continued operational progress. The Group reported a net profit after tax of $26.6m. Underlying NPAT of $29.1m is 32.9% higher than the prior comparative period. Underlying EBIT of $45.4m is 27.2% up on 2025 ($35.7m). The strength of this result has enabled the Board to commence an on-market share buy-back of up to 10% of issued capital over the next 12 months. The Board has also declared a fully franked dividend of $0.035 per share. The Group reported a net profit after tax of $26.6m. Underlying NPAT of $29.1m is 32.9% higher than the prior comparative period. Underlying EBIT of $45.4m is 27.2% up on 2025 ($35.7m). This result reflects the benefits of a multi-year horticulture strategy, sell price out performance above market benchmarks, and returns from capital investments (e.g. kernel recovery, capacity expansion, and harvest shakers). The Company continues to see strong macro-economic conditions for almonds. Both the supply and demand side are driving sustained higher global almond prices. Select Harvests continues to focus on safety and the development of our people. Our Total Recordable Injury Frequency Rate (TRIFR) at 3.7 was an improvement on FY25 of 5.5, reflecting reductions in lost time and medical treatment injuries.

Underlying NPAT of $29.1m, 32.9% higher than the prior comparative period

The Group is continuing the growth path it has been on over the past 3 years. The Company has plans to increase volumes to 65,000 MT over the next two years.