Trading Update

• Record BEV demand driving 22% order write increase in H2 FY26
• Customer orders outpace BEV inventory, pushing deliveries into FY27
• FY26 normalised net profit before tax expected to be $51M-$54M
• Positive outlook for FY27 with improved BEV supply and new brand additions

Autosports Group Limited (ASX: ASG) reports a significant increase in battery electric vehicle (BEV) demand, which now comprises over 40% of customer orders, up from 15% prior to March 2026. This surge has driven a 22% rise in order write for the second half of FY26, positioning the company for a record year. However, strong demand has created a temporary delivery imbalance, with many orders expected to be fulfilled in FY27. Despite challenging macroeconomic conditions, the company's underlying trading remains sound, with gross margins expected to exceed FY25 levels. Autosports Group anticipates a normalised net profit before tax for FY26 in the range of $51 million to $54 million, ahead of the previous year's $47.1 million. The company remains optimistic about FY27, expecting growth to be supported by improved BEV supply, contributions from recent acquisitions, and the addition of new BEV-focused brands.

FY26 normalised net profit before tax expected to be $51M-$54M

Positive outlook for FY27 with expected growth from improved BEV supply, contributions from recent acquisitions, and new BEV-focused brands.