ASX:AU1 · 13 November 2025

Investor Update – Webinar

Investor Update November 2025

The Agency Group: Exposure through a national corporate model to the Australian residential market with access to the economic benefits of Our Value Proposition scale via:

Residential Sales
Property Management
Conveyancing/Settlements
A truly National real estate business. Not a franchise model, so can institute change when required and create positive culture.
Large addressable national markets: Sales Agents Nationally +A$7 billion Gross Commission Income (GCI) market: Agent numbers at 30 September 2025 The Agency’ s current FY26 run-rate is $140.5M+ GCI. +A$8 billion Residential Property Management portfolio market: The Agency PM rights portfolio valued at $39.1M^ 45
Operational Cashflow now funding growth initiatives. 171
Platform now in place so increased revenue drops to the bottom line.
Strong balance sheet, operational cash flow positive. 198
Experienced management team in place to execute the grow plan. 31

+ Previously announced targeted FY26 run-rate of ~$137 million in GCI (as outlined in August 2025 Investor Update – ASX release 28/08/25). ^ As at 30 September 2025, the Company’s management valued the rent rolls which indicated the market value of these assets to be around $39.1 million. 2 As a result of the valuation, there is significant shareholder wealth held off balance sheet.

Benefits of The Agency Model

The Agency offers a unique direct model with national reach, enabling seamless client experiences and cross- country referrals through a single workflow—whether in Rockhampton, Sydney, or Perth.

Unlike franchise models restricted by postcodes and rigid systems, our Property Partners can list and sell freely. They Due to its scale, The Agency is able to offer all agents a gain immediate access to an integrated tech stack, expert singular and consistent market leading technology resources, and a collaborative, performance-driven culture. solution at every stage of the prospecting, listing and selling stage of the buying and selling journey. Our proprietary data lake connects various SaaS platforms via API, creating consistent workflows that can’t be replicated with off-the-shelf solutions. Combined with our nationwide agent support and end-to-end technology, The Agency leads in delivering efficient, tech-driven real estate success.

Why be a The Agency’s Competitive Advantage

Shareholder of ▪ Flexible Model: Unlike traditional franchises constrained by rigid agreements and the franchise code, The Agency operates a direct engagement model that The Agency? is more adaptable to industry changes.

▪ Difficult to Replicate: Franchise brands face legal and operational hurdles to shift models. The Agency already holds the necessary state-based licenses and regulatory knowledge.

▪ National Scale: Strong leadership and operational infrastructure across Australia, managing 460+ agents and ~12,000 properties. • Strong Balance Sheet, cash flow positive. ▪ Financial Strength: Profits from sales and property management funding • Large addressable national markets of +$7bn GCI & +$8bn PuM for growth into other territories. The Agency to grow into, both in established states and expanding states. ▪ Property Management Delivers Recurring Revenue: Year-on-Year increase • Opportunities for both the sales business and the property of ~15% in annual recurring revenue from a diversified portfolio currently management business. valued at ~$39.1M.

Increasing revenue now funding growth and contributing to the ▪ Rent Roll Acquisition: Strategic partnership with Trilogy Funds ($2B FUM) bottom line. has funded $40M+ in rent roll acquisitions.
Our target of $200m GCI and 180 PM per manager will allow the company to continue growing and potentially pay dividends. ▪ New Growth Channel: Introducing a flexible model for independently branded offices.
The only listed residential real estate investment opportunity.

Q1 FY26 Key Takeaways In Focus (Unaudited Numbers)

Sales Business $27.4M $ 37.4M ▪ Current GCI run-rate is now $140.5M with pipeline Combined Group Revenues GCI3 remaining strong at ~$15M in annualised GCI based on (Q1 FY25 : $23M) (Q1 FY25 : $29.6M) recent recruitments commencing and contributing to 12.5% EBITDA margin.

Property Management $2.3B 1,788 ▪ Due to economies of scale, increase properties managed by a Property Manager from current average of 165 Gross Value of Properties Sold No. of Properties Sold properties per PM to 180 properties per PM. (Q1 FY25 : $1.7B) (Q1 FY25 : 1,629) ▪ Management rights of AU1 owned rental properties under management were independently valued at $37.41M as at 30 June 2025. Management independently valued rent rolls at ~$39.1M as at 30 September 2025.

11,895 462 No of Agents Properties Under Management – (includes PuM owned by AU1 of 5,504) (Q1 FY25: 442)

1. Underlying adjusted for the impact of AASB16 Leasing Standard, Gain on Sale and other one off items. 5 2. Independent Valuation conducted by Pendium Advisory as at 8 July 2025. 3. Gross Commission Income (“GCI”) is the fees the vendor pays for the sale of a property. 4. Net Revenue refers to share of Revenue from Sales Business retained by The Agency after COGS and VPA.

The Agency Business in Focus

Track Record in Delivering Growth

GCI growth transferring to bottom line • Q1 FY26: $3.8M of GCI generated from new agents recruited in the last 12 months (Oct 2024 -Sep 2025).

Represents almost 50% of $7.8M YoY growth in GCI.
Highlights The Agency’s focus of appointing only the highest performing agents.
Graph highlights this as well as the GCI growth generated by existing agents ($3.9m YoY growth).

Track Record in $250m GCI Run-Rate & Milestones

Delivering Growth $200.0m $200m Current FY26 run-rate: $140.5m Strong GCI pipeline $15m+ & 462 Agents

GCI growth transferring $150m Agents: $150.0m

to bottom line 442 Agents: Agents: $125.3m 399 433 Agents: $112.5m $102.5m 393 Agents: • Targeted GCI run-rate:~$140.5M, up $100m 308 $95.4m

from $137M (Aug 2025 guidance). Agents: $80.7m … • Next milestone: On track to reach Agents: 283 272 $47.9m $150M GCI, supported by ~$15M in new $50m $38.0m annualised GCI from recent recruits.

Momentum: Strengthened by improved markets in Sydney, Melbourne and $-

Brisbane, rising buyer inquiry, and a solid Spring–Summer pipeline.

^ Gross Commission Income (“GCI”) is the fees the vendor pays for the sale of a property.*GCI fell in FY23 primarily as a result of 10 consecutive interest rate rises during the financial year. 8 + Note. Milestone 1 if this GCI contributed by all new Agent’s, this would contribute est. c. $3 million additional EBITDA

State #Agents Properties Sold Maturity of State

30 September Sales Q1 FY26 Q1 FY25 2025

WA 171 927 935 Established Business NSW 197 504 447 Established

QLD 45 156 115 Emerging

VIC 31 123 85 Infancy

TAS 17 80 47 Growing

National 462 1,788 1,629

Varying levels of state maturity provides an Market Share by State State Total Value ($) opportunity for continued growth. (Volume)

Having been founded in WA, Western Australia is the most mature state of Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 The Agency, with market share of 9.0% (by dollar of property sold) in Perth and surrounding markets and 6.0% of overall WA state. Strong WA 5.31% 4.70% $733m $646m performance delivered despite very tight supply with one of the lowest (Rank #2) (Rank #3) (Rank #2) (Rank #2) number of listings per capita in history. NSW 1.31% 1.26% $853m $731m

Inorganic entry into Tasmania in July 2022 has allowed an accelerated QLD 0.53% 0.29% $141m $65m maturity of the state. Following an initial entry into Launceston, in Q1 FY23. VIC 0.37% 0.32% $108m $107m The Agency grew organically into Hobart in Q1 FY25. TAS 2.91% 1.67% $58m $25m QLD and Victorian markets have the lowest maturity in the states we National 1.22% 1.12% $1,893m $1,574m operate. However, both continue to increase their % of total Agency sales showing momentum is gaining.

10 * Source: CoreLogic Market Scorecard.

Transaction volume continue to underpin The Agency’s growth +26% +31% $37.4m

13.8% +10% Increase Y-o-Y

$2.3b

The Agency has historically bucked the downward $29.6m national trend in terms of properties sold, a clear validation of its resilient, agent-focused model. +1.5% 1,788 $1.7b 1,629

1,788 properties were sold in Q1 FY26 by The Agency ~133,000 ~135,000

Group. This represents 1.3% national market share of the estimated 135,000 properties sold across Australia for the quarter.

Improved transaction contributions from East Coast states assisted the growth in Gross Sales Volume.

Total Properties sold in No of Properties Sold by The Gross Sales Volume Gross Commission Income Australia* Agency Group ($M)^

Q1 FY25 Q1 FY26 (unaudited)

Total PM Income Management Fee Income Group Group $7.0m $5.5m Group Group $5.8m

Properties $4.5m Services Services Services $3.5m $2.9m Services

Under Management $2.6m $2.1m

AU1 AU1 AU1 AU1 $3.2m $3.6m $2.6m $2.3m

Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26

Properties Under Management Properties Under Management Valuation

11,895 investment properties Group 11,895

managed by The Agency Group at 30 Group 10,159

September 2025. Services Services 6,391 4,840 $39.1m Of this, 5,504 are owned by AU1 with the remaining AU1 AU1 6,391 under service arrangement at quarter-end — 5,319 5,504 $36.3m

a 3% YoY increase in owned properties, and a 32% increase in those under service arrangements which 30 Sep 24 30 Sep 25 largely benefitted from our joint venture with MDC 30 Jun 24 30 Sep 25 Trilogy

*Management valuation based on independent valuation methodology as at 30th June 2025. 11

Leveraging our Property Management Expertise Proven Model for Expansion • MDC Trilogy partnership that owns ~6,000 managements showcases our ability to integrate and grow third-party rent rolls under management. • AU1 manages additional portfolio of ~800 managements for other owners.

Similar service activities operate for agent owned portfolios. AU1 Service Arrangement manages a portfolio of PM assets Scalable, Repeatable Framework for agents and external capital
Demonstrates how we can onboard and uplift performance of external providers. portfolios efficiently.
Maintains high service standards with minimal disruption.

Actively Pursuing Further Opportunities • The Agency is seeking similar partnership arrangements. • Well-positioned to support independent agencies, developers, and aggregators looking to outsource or exit property management. 13

Outlook

What to watch for Expectation of strong Increased number of quality agents growth underpinned by large addressable market • Recruitment model in place and being expanded to target growth in quality agents in $7 billion Gross Commission national market

Management structure in place to oversee agent and EBITDA growth The annual value of residential real estate commissions is $7bn+. Our operations in the nation’s
Strong office and infrastructure footprint across six second and third largest states for # of sales per states and territories annum are in their infancy and expected to contribute meaningful growth in coming years.
Partnership with external rent roll generator to build sales market share and GCI growth
Increased efficiency reducing cost of doing business ratio
Increasing value of property management rent roll as rents continue to increase across the country

A model built for leaders. Step out of the franchise shadow. No followers.

No franchise fees. No hidden costs. Our transparent commission model means more GCI stays with you to grow and reinvest.
Unlock real passive income through our national referral network and residual income streams, If you’re a franchise owner who’s built a business so your business keeps working for you, even if you’re proud of but feel stuck beneath restrictive you’re not. territories, outdated rules, and unnecessary overheads, here’s your next move.
Our compliance, admin, and contracts teams handle the fine print, so you can focus on growth, We’re looking for exceptional real estate clients, and closing deals. professionals ready to exit outdated franchise structures, grow beyond restricted boundaries and
A fully integrated tech stack removes distractions align with a national brand that’s built for growth, not and super-charges productivity. bureaucracy.
From streamlined back-end operations, high-level coaching to national brand reach, you’ll scale faster, smarter, and more sustainably.

Corporate Structure Experienced Board Key Metrics Ticker ASX:AU1 Andrew Jensen – Chairman Shares on Issue ~439.6M A highly experienced CFO with over 18 years in senior Share price (at 4 th November 25) $0.026 finance and management roles across real estate, financial services, telecommunications, and franchising, both in Market Cap ~$11.4M Australia and internationally. Cash & Cash Equivalents (at 30th June 25) ~$5.07M

Substantial Shareholders Paul Niardone – Executive Director Peters Investments Pty Ltd 31.27% A Perth-based business executive and company director, Mr Ben Collier 6.31% Niardone was the managing director and founder of ASX-listed Ausnet Financial Services, which later became The Agency Group Teldar Real Estate Pty Ltd 5.68% Australia in 2016. His past roles have included executive director and founder of Professional Public Relations (WA), the largest PR Convertible Note and communications firm in the State until he sold the business to Peters Investments Pty Ltd1 $4.38M WPP.

Adam Davey – Non-Executive Director Primary Debt Facility Macquarie Bank Limited (MBL) Facility2 $10.0M Director of Wealth Management at Canaccord Genuity, Mr Davey’s expertise spans over 25 years and includes capital raising (both private and public), mergers and acquisition, ASX AU1 Share Price Chart – 12 Month listings, asset sales and purchases, transaction due diligence and director duties.

Dr. Michael Schaper – Non-Executive Director

Brings extensive regulatory and governance expertise to The Agency, with over a decade as Deputy Chair of the ACCC, leadership roles in financial product oversight, and board positions across government, corporate, and not-for-profit sectors. Has experience in franchising regulation, financial services, and corporate governance.

1. Refer to ASX Announcement “Annual Report & Appendix 4E” dated 28 August 2025 16 2. Refer to ASX Announcement “Annual Report & Appendix 4E” dated 28 August 2025

Forward looking statements Disclaimer Not an offer This presentation is for information purposes only. This presentation does not comprise a Certain statements contained in this presentation, including information as prospectus, product disclosure statement or to the future financial or operating performance of the Company and its other offering document under Australian law projects, are forward looking statements. Such forward looking statements: (and will not be lodged with the Australian are necessarily based upon a number of estimates and assumptions that, Securities and Investments Commission) or any while considered reasonable by the Company, are inherently subject to other law. significant technical, business, economic, competitive, political and social uncertainties and contingencies; involve known and unknown risks and uncertainties that could cause actual events or results to differ materially Summary information from estimated or anticipated events or results reflected in such forward This presentation does not purport to be all looking statements; and may include, among other things, statements inclusive or to contain all information about the regarding estimates and assumptions in respect of prices, costs, results Company or any of the assets, current or future, and capital expenditure, and are or may be based on assumptions and of the Company. This presentation contains estimates related to future technical, economic, market, political, social and summary information about the Company and its other conditions. activities which is current as at the date of this The Company disclaims any intent or obligation to publicly update any presentation. The information in this presentation forward looking statements, whether as a result of new information, future is of a general nature and does not purport to events or results or otherwise. contain all the information which a prospective The words “believe”, “expect”, “anticipate”, “indicate”, “contemplate”, investor may require in evaluating a possible “target”, “plan”, “intends”, “continue”, “budget”, “estimate”, “may”, “will”, investment in the Company. “schedule” and similar expressions identify forward looking statements. The Company does not undertake to provide All forward looking statements contained in this Presentation are qualified any additional or updated information whether by the foregoing cautionary statements. Recipients are cautioned that as a result of new information, future events forward looking statements are not guarantees of future performance and or results or otherwise. accordingly recipients are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein. 17