PEXA 1QFY27 Trading Update

• Transaction volumes decreased by 11.5% in 1Q27 compared to the previous year
• Australian market penetration remained stable at 90%
• Customer satisfaction in Australia remained high at approximately 90%
• UK remortgage transactions on PEXA are faster with improved customer satisfaction

PEXA Group Limited (ASX: PXA) has released its 1Q27 trading update, reporting a decrease in transaction volumes by 11.5% compared to the previous year. Despite a challenging market environment with declining property prices and interest rate rises, the Group's customer satisfaction in Australia remained stable at approximately 90%. The Group's national market penetration also remained consistent at 90%. In the UK, NatWest's remortgage transactions on PEXA's platform showed faster transaction speeds and improved customer satisfaction. The Group continues to focus on disciplined cost control to mitigate the impact of lower transfer volumes on margins.

Group Revenue: $355m-$380m; Group EBITDA margin: 29.0%-31.5%

PEXA Group expects to process its first Sale and Purchase transaction with NatWest in March 2027. The Group continues to advocate for an appropriate outcome in the IPART review of ELNO service fees.