Half Yearly Results Announcement

• Total Assets Under Management (AUM) reached a new record of $24.0 billion
• Originations increased by 40% to $6.3 billion
• Pro-forma Net Profit After Tax (NPAT) up 15% to $53.9 million
• Fully franked Interim Dividend of 7.2 cents per share declared
• Dividend annualised yield of 9.5%

Pepper Money Ltd announced its 1H 2026 financial results, highlighting a new record for Total Assets Under Management (AUM) at $24.0 billion, representing a 20% increase from the previous year. The company reported a 40% growth in originations to $6.3 billion, with mortgage originations reaching $4.5 billion, a 63% increase. Pro-forma Net Profit After Tax (NPAT) increased by 15% to $53.9 million, while statutory NPAT rose by 7% to $50.4 million. The company also declared a fully franked Interim Dividend of 7.2 cents per share, with an annualised yield of 9.5%. Net Interest Margin improved by 12 basis points to 2.10%, and credit performance remained strong with Loan Loss Provision Coverage at 0.79%.

Pro-forma NPAT for 1H 2026 increased by 15% to $53.9 million.

Pepper Money remains well positioned to navigate future challenges with continued focus on product innovation, distribution network expansion, and efficiency improvements.