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COMPUTERSHARE LIMITED. Interim / Quarterly Report 2025

Aug 11, 2025

64696_rns_2025-08-11_b7d9b2af-ec71-4085-8464-56b2417d2fba.pdf

Interim / Quarterly Report

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ASX PRELIMINARY FINAL REPORT

Computershare Limited

ABN 71 005 485 825

30 June 2025

Lodged with the ASX under Listing Rule 4.3A

Contents

Results for announcement to the market 2
Appendix 4E item 2
Preliminary consolidated statement of comprehensive income 4
Appendix 4E item 3
Preliminary consolidated statement of financial position 6
Appendix 4E item 4
Preliminary consolidated statement of changes in equity 7
Appendix 4E item 6
Preliminary consolidated statement of cash flows 9
Appendix 4E item 5
Supplementary Appendix 4E information
10
Appendix 4E item 6 to 13

This report covers the consolidated entity consisting of Computershare Limited and its controlled entities. The financial statements are presented in United States dollars (unless otherwise stated).

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES YEAR ENDED 30 JUNE 2025 (Previous corresponding period year ended 30 June 2024)

RESULTS FOR ANNOUNCEMENT TO THE MARKET

$000
Revenuefrom ordinary activities down 5.6% to 3,114,621
(Appendix 4E item 2.1)
Profit/(loss)after tax attributable to members up 72.1% to 607,009
(Appendix 4E item 2.2)
Net profit/(loss)for the period attributable to members up 72.1% to 607,009
(Appendix 4E item 2.3)
Dividends Amount per security Franked amount per security
(Appendix 4E item 2.4)
Final dividend AU 48 cents AU 0.0 cents
Interim dividend AU 45 cents AU 0.0 cents

Record date for determining entitlements to the final dividend (Appendix 4E item 2.5) 20 August 2025

Explanation of revenue (Appendix 4E item 2.6)

Total revenue for the year, including discontinued operations, decreased $183.2 million to $3,114.6 million (2024: $3,297.8 million including discontinued operations) driven by the disposal of the US Mortgage Services (US MS) business, which was sold in May 2024. This generated $325.0 million in total revenue in the prior period, of which $55.9 million related to margin income.

Net of the sale of US MS, total revenue from continuing operations for the year increased $141.8 million (4.8%) to $3,114.6 million (2024: $2,972.8 million from continuing operations). This growth was driven by higher core fees of $89.4 million. Event and transactional revenue increased by $72.0 million whilst margin income reduced, by $19.5 million.

Key business movements from continuing operations, excluding margin income, were as follows:

  • Issuer Services revenues increased $57.9 million (6.0%), reflecting improvement across all aspects of the business - Registry Maintenance, Stakeholder Relationship Management, Corporate Actions and Governance Services.

  • Corporate Trust revenue grew $43.8 million (8.5%) due to stronger market activity driving new business, including higher client balances in Money Market Funds.

  • Employee Share Plans revenues rose $57.2 million (14.1%) reflecting new client fees and higher participant trading activity.

Margin income from continuing operations was down $19.5 million (down -2.5%) relative to the prior period, with rising balances offsetting the impact of lower interest rates in all our major markets. Year on year average balances rose $2.2 billion to $29.9 billion, primarily due to greater volumes in North American Corporate Trust, whilst an increase in general dividend levels led to slightly higher balances in the Issuer Services business.

A stronger British pound relative to the prior period increased the translated USD revenue contribution from the UK, whilst a weaker Canadian and Australian dollar decreased the translated USD revenue contribution from those regions. The FX movements of major currencies (GBP, CAD and AUD) increased revenues by $11.2 million.

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES YEAR ENDED 30 JUNE 2025 (Previous corresponding period year ended 30 June 2024)

RESULTS FOR ANNOUNCEMENT TO THE MARKET

Explanation of profit/(loss) from ordinary activities after tax (Appendix 4E item 2.6)

Profit after income tax from continuing operations attributable to members was $605.0 million, an increase of 22.8% over the corresponding period.

Revenue from continuing operations was higher than the corresponding period, primarily due to fee revenue growth across all our key business lines - Issuer Services, Corporate Trust and Employee Share Plans. Margin income was down compared to the prior reporting period with the impact of lower rates being partially offset by higher balances.

Total expenses from continuing operations were $44.0 million higher (up 1.9%). Operating expenses increased in line with higher revenues and business volumes and were further impacted by the full-year inclusion of Solium Capital UK (12 months in the current period vs. 7 months previously), as well as the acquisitions of Ingage IR Limited, CMi2i Limited, and BNY Trust Company of Canada. General inflation also contributed to the increase. There was an increase in restructuring costs due to a programme that was launched in FY24 to drive digitisation in operational processes as well as identifying efficiencies and optimisation opportunities in our corporate overhead base to tackle stranded costs arising from recent disposals. This was partly offset by lower integration costs in the US Corporate Trust business due to the completion of the Transitional Services Agreement in November 2023. The prior year also included an adjustment to contingent consideration related to the FY23 sale of KCC business. Lastly, borrowing costs declined, driven by both lower debt levels and reduced interest rates.

The Group’s effective tax rate from continuing operations at 23.4% was lower than FY24’s rate of 28.9%, primarily driven by a change in sales sourcing methodology for US state tax purposes following the sale of US CLS and KCC and a tax capitalisation of prior year costs to align tax relief to periods when the related income is earned.

Explanation of net profit/(loss) (Appendix 4E item 2.6)

Please refer above.

Explanation of dividends (Appendix 4E item 2.6)

The following dividends have been paid, declared or recommended since the end of the preceding financial year:

Ordinary shares

A final dividend in respect of the year ended 30 June 2024 was determined on 13 August 2024 by the directors of the Company and paid on 16 September 2024. This was an ordinary unfranked dividend of AU 42 cents per share, amounting to AUD 247,475,684 ($167,568,316).

An interim dividend was determined by the directors of the Company in respect of the current financial year and paid on 19 March 2025. This was an ordinary unfranked dividend of AU 45 cents per share, amounting to AUD 263,514,682 ($165,962,549).

A final dividend in respect of the year ended 30 June 2025 was determined by the directors of the Company to be paid on 15 September 2025. This is an ordinary unfranked dividend of AU 48 cents per share, amounting to AUD 277,625,793, based on shares on issue as at 12 August 2025. The dividend was not determined to be paid until 12 August 2025 and accordingly no provision has been recognised as at 30 June 2025.

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES PRELIMINARY CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2025

Note 2025
2024
$000
$000
Revenue from continuing operations
Sales revenue 3,065,222
2,917,833
49,399
54,978
Other revenue
Total revenue from continuing operations 3,114,621
2,972,811
Other income 4,492
5,693
Expenses from continuing operations
Direct services 1,793,269
1,715,118
Technology and corporate 419,146
434,713
Finance costs 116,095
134,659
Total expenses from continuing operations 2,328,510
2,284,490
Share of net profit/(loss) of associates and joint ventures 127
431

accounted for using the equity method
12
Profit before related income tax expense from 790,730
694,445

continuing operations
Income tax expense/(credit) 185,133
201,275
Profit after income tax expense from continuing 605,597
493,170

operations
Profit/(Loss) after income tax benefit from discontinued 1,967
(140,240)
operations 9
Profit after tax for the year from continuing and 607,564
352,930

discontinued operations
Other comprehensive income
Items that may be reclassified to profit or loss 196,422
(7,608)
60,009
(9,203)
(54,455)
(1,946)
(202)
(5,685)
33
1,124
Cash flow hedges and cost of hedging
Exchange differences on translation of foreign operations
Income tax relating to these items
Items that will not be reclassified to profit or loss
Defined benefit plan gain/(loss)
Income tax relating to this item
Total other comprehensive income for the year, net of
tax
Total comprehensive income for the year
Profit for the year attributable to:
Members of Computershare Limited
Non-controlling interests
201,807
(23,318)
809,371
329,612
607,009
352,624
555
306
607,564
352,930

==> picture [376 x 62] intentionally omitted <==

  • 4 -

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES PRELIMINARY CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2025

Total comprehensive income for the year attributable
to:
808,710
329,528
661
84
Members of Computershare Limited
Non-controlling interests
809,371
329,612
Total comprehensive income for the year attributable to:
Continuing operations
Discontinued operations
Earnings per share for profit from continuing operations
attributable to the members of Computershare Limited:
Basic earnings per share (cents per share)
3
Diluted earnings per share (cents per share)
3
Earnings per share for profit from discontinued operations
attributable to the members of Computershare Limited:
Basic earnings per share (cents per share)
3
Diluted earnings per share (cents per share)
3
Earnings per share for profit attributable to the members of
Computershare Limited:
Basic earnings per share (cents per share)
3
Diluted earnings per share (cents per share)
3
807,404
469,852
1,967
(140,240)
809,371
329,612
103.11 cents
82.33 cents
102.86 cents
82.15 cents
0.34 cents
(23.43 cents)
0.33 cents
(23.37 cents)
103.45 cents
58.90 cents
103.19 cents
58.78 cents

The above preliminary consolidated statement of comprehensive income is presented in United States dollars and should be read in conjunction with the accompanying notes.

  • 5 -

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES PRELIMINARY CONSOLIDATED STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 30 JUNE 2025

Note
CURRENT ASSETS
Cash and cash equivalents
Other financial assets
Receivables
Current tax assets
Prepayments
Assets classified as held for Sale
8
Other current assets
Total current assets
NON-CURRENT ASSETS
Receivables
Investments accounted for using the equity method
12
Financial assets at fair value through profit or loss
Property, plant and equipment
Right-of-use assets
Deferred tax assets
Intangibles
Total non-current assets
Total assets
CURRENT LIABILITIES
Payables
Borrowings
Lease liabilities
Current tax liabilities
Financial liabilities at fair value through profit or loss
Provisions
Liabilities classified as held for Sale
8
Total current liabilities
NON-CURRENT LIABILITIES
Payables
Borrowings
Lease liabilities
Deferred tax liabilities
Financial liabilities at fair value through profit or loss
Provisions
Total non-current liabilities
Total liabilities
Net assets
EQUITY
Contributed equity
10
Reserves
Retained earnings
16
Total parent entity interest
Non-controlling interests
Total equity
2025
2024
$000
$000
1,255,669
1,193,939
122,701
108,622
546,945
573,569
53,333
40,297
67,091
62,680
12,867
-
7,836
8,097
2,066,442
1,987,204
68,075
68,135
9,047
8,539
49,967
32,911
159,342
147,106
114,295
107,366
229,753
220,423
2,638,507
2,546,935
3,268,986
3,131,415
5,335,428
5,118,619
595,784
572,803
198,222
-
25,295
29,043
62,318
23,086
3,398
346
49,429
50,078
6,809
-
941,255
675,356
35,214
21,823
1,585,353
1,655,294
112,331
101,415
241,703
214,452
227,198
471,773
38,282
29,903
2,240,081
2,494,660
3,181,336
3,170,016
2,154,092
1,948,603
28,837
308,167
(168,611)
(379,290)
2,292,079
2,018,600
2,152,305
1,947,477
1,787
1,126
2,154,092
1,948,603

The above preliminary consolidated statement of financial position is presented in United States dollars and should be read in conjunction with the accompanying notes.

-6-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES PRELIMINARY CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2025

Note
Total equity at 1 July 2024
Profit for the year
Cash flow hedges and cost of
hedging
Exchange differences on translation
of foreign operations
Defined benefit gain/(loss)
Income tax (expense)/credits
Total comprehensive income
for the year
Transactions with owners in
their capacity as owners:
Dividends provided for or paid
Cash purchase of shares on market
Share buy back
Share based remuneration
Balance at 30 June 2025
Attributable to members of Computershare Limited
Contributed
Equity
Reserves
Retained
Earnings
Total
Non-
controlling
Interests
Total Equity
$000
$000
$000
$000
$000
$000
308,167
(379,290)
2,018,600
1,947,477
1,126
1,948,603
-
-
607,009
607,009
555
607,564
-
196,422
-
196,422
-
196,422
-
59,903
-
59,903
106
60,009
(202)
-
(202)
-
(202)
-
(54,422)
-
(54,422)
-
(54,422)
-
201,701
607,009
808,710
661
809,371
-
-
(333,530)
(333,530)
-
(333,530)
-
(33,998)
-
(33,998)
-
(33,998)
(279,330)
-
-
(279,330)
-
(279,330)
-
42,976
-
42,976
-
42,976
28,837
(168,611)
2,292,079
2,152,305
1,787
2,154,092
  • 7 -

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES PRELIMINARY CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2025

Attributable to members of Computershare Limited

Note
Total equity at 1 July 2023
Profit for the year
Cash flow hedges and cost of
hedging
Exchange differences on translation
of foreign operations
Defined benefit gain/(loss)
Income tax (expense)/credits
Total comprehensive income
for the year
Transactions with owners in
their capacity as owners:
Dividends provided for or paid
Cash purchase of shares on market
Share buy back
Share based remuneration
Balance at 30 June 2024
Contributed
Equity
Reserves
Retained
Earnings
Total
Non-
controlling
Interests
Total Equity
$000
$000
$000
$000
$000
$000
519,299
(357,335)
1,977,976
2,139,940
1,042
2,140,982
-
-
352,624
352,624
306
352,930
-
(7,608)
-
(7,608)
-
(7,608)
-
(8,981)
-
(8,981)
(222)
(9,203)
(5,685)
-
(5,685)
-
(5,685)
-
(822)
-
(822)
-
(822)
-
(23,096)
352,624
329,528
84
329,612
-
-
(312,000)
(312,000)
-
(312,000)
-
(28,852)
-
(28,852)
-
(28,852)
(211,132)
-
-
(211,132)
-
(211,132)
-
29,993
-
29,993
-
29,993
308,167(379,290)
2,018,600 1,947,477
1,126
1,948,603

The above preliminary consolidated statement of changes in equity should be read in conjunction with the accompanying notes.

  • 8 -

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES PRELIMINARY CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2025

Note 2025
2024
$000
$000
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers 3,255,859
3,199,161
Payments to suppliers and employees (2,159,884)
(2,178,232)
Loan servicing advances (net)1 -
(2,179)
Dividends received from associates, joint ventures and equity
securities
1,553
1,767
Interest paid and other finance costs (128,827)
(168,869)
Interest received 47,846
53,485
Income taxespaid (192,894)
(176,169)
Net operating cash flows
6
823,653
728,964
CASH FLOWS FROM INVESTING ACTIVITIES
Payments for purchase of controlled entities and businesses (net (120,897)
(37,135)

of cash acquired)
7
Proceeds from sale of controlled entities (net of cash disposed)
9
30,593
581,043
Proceeds from sale of associate 1,546
1,788
Proceeds from/(payments for) intangible assets including MSRs -
(76,024)
Proceeds from/(payments for) investments -
5,180
Payments for property, plant and equipment (43,576)
(42,808)
Net investing cash flows (132,334)
432,044
CASH FLOWS FROM FINANCING ACTIVITIES
Payment for purchase of ordinary shares – share-based awards (33,998)
(28,852)
Proceeds from borrowings 334,846
637,205
Repayment of borrowings (307,694)
(1,157,679)
Loan servicing borrowings (net)1 -
4,092
Dividends paid - ordinary shares (net of dividend reinvestment
plan)
(290,450)
(273,643)
Purchase of ordinary shares - dividend reinvestment plan (43,080)
(38,357)
Share buy-back
10
(279,330)
(211,132)
Leaseprincipalpayments (29,955)
(36,998)
Net financing cash flows (649,661)
(1,105,364)
Net increase/(decrease) in cash and cash equivalents held2 41,658
55,644
Cash and cash equivalents at the beginning of the financial year 1,193,939
1,141,695
Exchange rate variations on foreign cash balances 20,405
(3,400)
**Cash and cash equivalents at the end of the year3 ** 1,256,002
1,193,939

1 These cashflows relates to the disposed US MS business.

2 Refer to note 9 which disaggregates cash balances attributable to the discontinued operation.

3 Includes $0.3 million cash that is classified as held for sale (2024: $nil).

The above preliminary consolidated statement of cash flows should be read in conjunction with the accompanying notes.

  • 9 -

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

1. STATEMENT OF MATERIAL ACCOUNTING POLICIES

This preliminary final report has been prepared in accordance with ASX Listing Rule 4.3A and the disclosure requirements of ASX Appendix 4E.

This report is to be read in conjunction with any public announcements made by Computershare Limited during the reporting period in accordance with the continuous disclosure requirements of the Corporations Act 2001 and Australian Securities Exchange Listing Rules.

The preliminary financial report, comprising the financial statements and notes of Computershare Limited and its controlled entities is prepared in accordance with Australian Accounting Standards. The financial report also complies with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB).

Where necessary, comparative figures have been adjusted to comply with the changes in presentation in the current period.

2. MATERIAL FACTORS AFFECTING THE ECONOMIC ENTITY FOR THE CURRENT PERIOD

Refer to the Market Announcement and Management Presentation dated 12 August 2025 for discussion of the nature and amount of material items affecting revenue, expenses, assets, liabilities, equity or cash flows, where their disclosure is relevant in explaining the financial performance or position of the entity for the period.

3. EARNINGS PER SHARE (Appendix 4E item 14.1)

3. EARNINGS PER SHARE(Appendix 4E item 14.1)
2025 2024
$000 $000
Earnings per share (cents per share) from continuing operations
Basic EPS 103.11 cents 82.33 cents
Diluted EPS 102.86 cents 82.15 cents
2025 2024
$000 $000
Earnings per share (cents per share) from discontinued operations
Basic EPS 0.34 cents (23.43 cents)
Diluted EPS 0.33 cents (23.37 cents)

-10-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

Year ended 30 June 2025
Earnings per share (cents per share)
Reconciliation of earnings
Profit for the year
Non-controlling interest (profit)/loss
Add back management adjustment items (see below)
Net profit attributable to the members of
Computershare Limited
Weighted average number of ordinary shares used as
denominator in calculating earnings per share
Year ended 30 June 2024
Earnings per share (cents per share)
Reconciliation of earnings
Profit for the year
Non-controlling interest (profit)/loss
Add back management adjustment items (see below)
Net profit attributable to the members of Computershare
Limited
Weighted average number of ordinary shares used as
denominator in calculating earnings per share
Basic EPS
Diluted EPS Management
Basic EPS
Management
Diluted EPS
103.45 cents 103.19 cents
135.28 cents
134.95 cents
$000
$000
$000
$000
607,564
607,564
607,564
607,564
(555)
(555)
(555)
(555)
-
-
186,827
186,827
Basic EPS
Diluted EPS Management
Basic EPS
Management
Diluted EPS
103.45 cents 103.19 cents
135.28 cents
134.95 cents
$000
$000
$000
$000
607,564
607,564
607,564
607,564
(555)
(555)
(555)
(555)
-
-
186,827
186,827
607,009
607,009
793,836
793,836
586,791,638
588,239,507
586,791,638
588,239,507
Basic EPS
Diluted EPS
Management
Basic EPS
Management
Diluted EPS
58.90 cents
58.78 cents
118.33 cents
118.07 cents
$000
$000
$000
$000
352,930
352,930
352,930
352,930
(306)
(306)
(306)
(306)
-
-
355,740
355,740

352,624
352,624
708,364
708,364
598,649,609
599,928,830
598,649,609
599,928,830
Reconciliation of weighted average number of shares used as the denominator:
2025
2024
Number
Number
Weighted average number of ordinary shares used as the denominator
in calculating basic earnings per share
586,791,638
598,649,609
Adjustments for calculation of diluted earnings per share:
Performance rights
1,447,869
1,279,221
Weighted average number of ordinary shares and potential ordinary shares
used as the denominator in calculating diluted earnings per share
588,239,507
599,928,830
2025 2024
Number Number
Weighted average number of ordinary shares used as the denominator
in calculating basic earnings per share 586,791,638 598,649,609
Adjustments for calculation of diluted earnings per share:
Performance rights 1,447,869 1,279,221
Weighted average number of ordinary shares and potential ordinary shares
used as the denominator in calculating diluted earnings per share 588,239,507 599,928,830

-11-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

Management basic earnings per share

Management basic earnings per share excludes certain items. Management adjusted results are used, along with other measures, to assess operating business performance. The Group believes that exclusion of certain items provides better analysis of the Group’s performance on a comparative basis and provides a better measure of underlying operating performance. The net profit used in the management earnings per share calculation is adjusted for management adjustment items net of tax.

For the year ended 30 June 2025 management adjustment items include the following:

Amortisation
Amortisation of intangible assets
Acquisitions and disposals
Sale of US MS
Acquisition related integration expenses
Other
Major restructuring costs
Marked to market adjustments - derivatives
Margin income hedge modification
Total management adjustment items
Gross
Tax effect
Net of tax
$000
$000
$000
(94,843)
24,236
(70,607)
2,567
6,624
9,191
(60,598)
15,866
(44,732)
(83,473)
22,784
(60,689)
(138)
29
(109)
(28,402)
8,521
(19,881)
(264,887)
78,060
186,827

-12-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

Management Adjustment Items

Management adjustment items net of tax for the year ended 30 June 2025 were as follows:

Amortisation

  • Customer relationships and most of other intangible assets that are recognised on business combinations or major asset acquisitions are amortised over their useful life in the statutory results but excluded from management earnings. The amortisation of these intangibles in the year ended 30 June 2025 was $70.6 million after tax. Amortisation of certain acquired software as well as intangibles purchased outside of business combinations is included as a charge against management earnings.

Acquisitions and disposals

  • Finalisation of the disposal accounting for the prior period’s sale of the US MS business resulted in a net gain of $2.0 million. Additionally, a tax benefit of $7.2 million was recognised in the current reporting period as an adjustment to a tax position recorded in FY24 associated with this disposal.

  • Acquisition-related integration expenses are associated mainly with the ongoing integration of Equatex including a rollout of the previously acquired software ($25.9 million) and integration of the Corporate Trust business ($14.0 million).

Other

  • Costs of $60.7 million were incurred in respect of major restructuring programmes spanning several years. These include a business-wide cost-out program announced in FY24, the implementation of new global enterprise resource planning and human capital management platforms, Issuer Services digitisation, mortgage services cost-out programs, treasury transformation and continued property rationalisation.

  • Revaluation of derivatives that have not received hedge designation or the ineffective portion of derivatives in hedge relationships is taken to profit or loss in the statutory results. The impact in the current reporting period was a loss of $0.1 million.

  • The Group extended the duration of certain interest rate swaps hedging margin income balances. The modification was accounted for as a derecognition of the cash flow hedge relationship, which resulted in a significant management-adjusted charge against income in the current period. There will be additional accounting impacts in the coming years associated with this modification, initially accounting charges in the next few years followed by offsetting accounting gains in the later years until maturity of the renewed portfolio in the year ending June 2034. These hedge-related accounting impacts are non-cash and will fully unwind over the life of the derivative portfolio resulting in a nil net impact to the profit and loss over the term. All cash-based impacts resulting from the hedging strategy (derivative settlements) are included in the management earnings as per the standard practice. The impact in the current reporting period was a loss of $19.9 million.

  • For the year ended 30 June 2024 management adjustment items include the following:

Amortisation
Amortisation of intangible assets
Acquisitions and disposals
Loss on sale of US MS
Acquisition related integration expenses
Contingent consideration remeasurement
Acquisition and disposal related expenses
Other
Major restructuring costs
Marked to market adjustments – derivatives
Total management adjustment items
Gross
Tax effect
Net of tax
$000
$000
$000
(94,593)
24,133
(70,460)
(184,605)
55,196
(129,409)
(114,259)
29,041
(85,218)
(28,000)
7,497
(20,503)
(4,598)
1,225
(3,373)
(64,034)
16,979
(47,055)
391
(113)
278
(489,698)
133,958
(355,740)

-13-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

4. SEGMENT INFORMATION (Appendix 4E item 14.4)

In accordance with AASB 8 Operating Segments, the Group has identified its operating segments to be the following global business lines:

  • a) Issuer Services

  • b) Corporate Trust

  • c) Employee Share Plans & Voucher Services

  • d) Mortgage Services & Property Rental Services

  • e) Communication Services & Utilities

  • f) Technology Services & Operations

Issuer Services comprise register maintenance, corporate actions, stakeholder relationship management and corporate governance and related services. Corporate Trust comprises trust and agency services in connection with the administration of debt securities in the US and the legacy corporate trust operations in Canada and the US. Employee Share Plans & Voucher Services comprise the provision of administration and related services for employee share and option plans, together with Childcare Voucher administration in the UK.

Mortgage Services & Property Rental Services comprise mortgage servicing and related activities, together with tenancy deposit protection services in the UK. Communication Services and Utilities operations comprise document composition and printing, intelligent mailing, inbound process automation, scanning and electronic delivery. Technology Services & Operations includes the provision of software specialising in share registry, financial services, operations and shared services functions.

The operating segments presented reflect the manner in which the Group is internally managed, and the financial information reported to the chief operating decision maker (CEO). The Group has determined the operating segments based on the reports reviewed by the CEO that are used to make strategic decisions and assess performance. The key segment performance measure is based on management adjusted earnings before interest and tax (management adjusted EBIT).

For information on discontinued operations please refer to Note 9 for details.

-14-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

Issuer Corporate Corporate Employee Mortgage Mortgage Communicati Technology
Total
Services
Trust
Share Plans Services & on Services & Operations
& Voucher Property & Utilities Services
Services Rental
Services1
$000 $000 $000 $000 $000 $000 $000
June 2025
Total segment 1,018,643
560,186
462,252 101,566 346,967 23,833 2,513,447
revenue and other
income excluding
Margin income
Margin income 236,443
415,685
50,357 58,665 - - 761,150
Intersegment revenue - - - - (154,432) - (154,432)
External revenue
and other income 1,255,086
975,871
512,609 160,2321 192,535 23,833 3,120,165
Revenue by
geography:
Asia 72,884 - 53,165 - - 48 126,097
Australia & New
Zealand 113,496 - 18,392 - 76,000 3,688 211,576
Canada 98,510
93,959
20,252 - 17,497 782 231,000
Continental Europe 72,779 - 351 - 25,312 28 98,470
UK, Channel Islands,
Ireland & Africa 179,212 - 361,269 160,231 12,734 5,931 719,377
United States 718,205
881,912
59,180 - 60,992 13,356 1,733,645
1,255,086
975,871
512,609 160,231 192,535 23,833 3,120,165
Management
adjusted EBIT 455,711
511,961
217,813 36,166 22,456 (69,826) 1,174,281
Material items included in management adjusted EBIT:
**Operating costs2 ** (795,595)
(459,677)
(289,276) (123,804) (165,075) (42,915) (1,876,342)

1 Refer to Note 9 Discontinued Operations. The comparative period includes US MS business, which was sold on 1 May 2024.

2 Operating costs consist of cost of sales, personnel, computer, occupancy and other direct costs, as well as recharges of costs from the Technology & Operations Services segment.

-15-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

Issuer Corporate Employee Mortgage Communica Technology Technology Total
Services Trust Share Plans Services & tion &
& Voucher Property Services & Operations
Services Rental Utilities Services
Services1
$000 $000 $000 $000 $000 $000 $000
June 2024
Total segment 960,893 516,411 404,945 386,872 340,199 18,725 2,628,045
revenue and other
income excluding
Margin income
Margin income 250,360 419,919 53,537 112,805 - 1 836,622
Intersegment revenue - - - - (155,180) - (155,180)
External revenue and
other income 1,211,253 936,330 458,482 499,677 185,019 18,726 3,309,487
Revenue by
geography:
Asia 68,118 - 46,229 - - 9 114,356
Australia & New
Zealand 115,220 - 15,756 - 72,283 1,886 205,145
Canada 112,187 87,909 20,101 - 10,671 799 231,667
Continental Europe 70,077 - 796 - 26,567 15 97,455
UK, Channel Islands,
Ireland & Africa 141,444 - 312,681 167,800 11,246 5,332 638,503
United States 704,207 848,421 62,919 331,878 64,251 10,685 2,022,361
1,211,253 936,330 458,482 499,678 185,018 18,726 3,309,487
Management
adjusted EBIT 447,243 479,450 183,241 53,512 22,595 (37,270) 1,148,771
Material items included in management adjusted EBIT:
**Operating costs2 ** (761,438) (441,786) (269,788) (376,923) (158,244) (14,457) (2,022,636)

1 Refer to Note 9 Discontinued Operations. The comparative period includes US MS business, which was sold on 1 May 2024.

2 Operating costs consist of cost of sales, personnel, computer, occupancy and other direct costs, as well as recharges of costs from the Technology & Operations Services segment.

-16-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

Segment revenue

The revenue reported to the CEO is measured in a manner consistent with that of the statement of comprehensive income. Intersegment revenue is comprised of activity between operating segments, where the underlying nature of such activity is external revenue. This excludes activity within an operating segment. Sales between segments are at normal commercial rates and are eliminated on consolidation.

Segment revenue reconciles to total revenue from continuing and discontinued operations as follows:

2025
2024
$000
$000
Total operating segment revenue and other income from continuing 3,274,597
3,464,667
(154,432)
(155,180)
(5,544)
(11,666)

and discontinued operations
Intersegment eliminations
Corporate revenue and other income
3,114,621
3,297,821
Total revenue from continuing and discontinued operations
3,114,621
2,972,811
Continuing operations
Discontinued operations -
325,010
Total revenue from continuing and discontinued operations 3,114,621
3,297,821

Management adjusted EBIT

Management adjusted results are used, along with other measures, to assess operating business performance. The Group believes that exclusion of certain items permits a better analysis of the Group’s performance on a comparative basis and provides a better measure of underlying operating performance. A reconciliation of management adjusted EBIT to operating profit before income tax is provided as follows:

2025
2024
$000
$000
Management adjusted EBIT
Total management adjustment items (Note 3)
Finance costs
Profit before income tax from continuing and discontinued operations
1,174,281
1,148,771
(264,887)
(489,698)
(116,097)
(162,976)
793,297
496,097
Continuing operations 790,730
694,445
Discontinued operations1 2,567
(198,348)
Profit before income tax from continuing and discontinued operations 793,297
496,097

1 FY24 Includes loss on sale of subsidiary of $234.6 million. Refer to note 9 for more information.

-17-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

5. INCOME TAX EXPENSE

Numerical reconciliation of income tax expense to prima facie tax payable

2025
2024
2025
2024
$000
$000
Profit before income tax from continuing operations
790,730
694,445
Profit before income tax from discontinued operations (Note 9)
2,567
(198,348)
Profit before income tax from continuing and discontinued
operations
793,297
496,097
The tax expense for the financial year differs from the amount calculated on the profit.
The differences are reconciled as follows:
Prima facie income tax expense thereon at 30% 237,989
148,829
Variation in tax rates of foreign controlled entities (39,548)
(11,815)
Tax effect of permanent differences:
Prior year tax (over)/under provided1 (16,370)
3,264
Withholding tax not creditable 4,958
9,161
Restatement of Deferred Balances (597)
-
Research and Development Tax Credit (500)
-
Disposal of US MS -
357
Effect of changes in tax rates and laws -
(4,040)
Net other (1,732)
1,815
Additional taxes and credits:
Foreign tax credit utilisation -
(4,817)
US State Franchise tax 508
414
BEPS Pillar Two IIR2 1,025
-
Income tax expense from continuing and discontinued operations 185,733
143,168
1Includes $13.1 million of electively capitalised prior year costs adjusted in the current year.
2 Base Erosion and Profit Shifting (“BEPS”), in particular BEPS Pillar Two is an OECD initiative
tax rate of 15% for multinational enterprises with a turnover exceeding €750m.

designed to establish a global minimum
185,133
201,275
Continuing operations
Discontinued operations (Note 9) 600
(58,107)
Income tax expense from continuing and discontinued operations 185,733
143,168

-18-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

6. CASH FLOW INFORMATION

(a) Reconciliation of net profit after tax to cash flows from operating activities

2025
2024
$000
$000
Net profit after income tax
Adjustments for:
Depreciation and amortisation
Net (gain)/loss on disposal of US MS
Net (gain)/loss from disposal of other controlled entities
Share of net (profit)/loss of associates and joint ventures accounted for using
equity method
Amortisation of USD senior note fair value adjustment to interest expense
Employee benefits - share based expense
Fair value adjustments
Contingent consideration remeasurement
Changes in assets and liabilities:
(Increase)/decrease in receivables
(Increase)/decrease in inventories
(Increase)/decrease in loan servicing advances
(Increase)/decrease in other current assets
Increase/(decrease) in payables and provisions
Increase/(decrease) in tax balances
Net cash and cash equivalents from operating activities
607,564
352,930
164,512
183,109
(9,409)
234,609
-
3,939
(127)
(431)
(10,840)
(13,461)
44,611
34,746
28,541
(5,641)
-
28,000
22,952
(68,629)
837
761
-
(2,179)
(5,671)
1,956
(12,066)
12,256
(7,251)
(33,001)
823,653
728,964
Opening balance at 1 July 2024
Cash flows
Non-cash changes:
Acquisitions of businesses
Additions
Fair value adjustments
Transfers and other
Currency translation difference
Balance at 30 June 2025
Current
borrowings
Non-current
borrowings
Current
lease
liabilities
Non-current
lease
liabilities
Total
$000
$000
$000
$000
$000
-
1,655,294
29,043
101,415
1,785,752
-
27,152
(29,955)
-
(2,803)
-
-
-
2,008
2,008
-
-
5,601
27,342
32,943
(1,778)
26,860
-
-
25,082
200,000
(200,000)
19,661
(23,035)
(3,374)
-
76,047
945
4,601
81,593
198,222
1,585,353
25,295
112,331
1,921,201

-19-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

7. BUSINESS COMBINATIONS

The Group continues to seek acquisition and other growth opportunities where value can be added and returns enhanced for the shareholders. The following businesses were acquired by the consolidated entity at the date stated and their operating results have been included in the Group’s results from the acquisition date. The amounts of revenue and profit or loss of the acquirees since the acquisition date included in the consolidated statement of comprehensive income for the reporting period is immaterial.

Where goodwill is marked as provisional, identification and valuation of net assets acquired will be completed within a 12-month measurement period in accordance with the Group’s accounting policy.

  • a) On 3 March 2025, the Group acquired 100% of equity interest of the Computershare Advantage Trust of Canada, (previously known as BNY Trust Company of Canada), provider of trust and agency services to local issuers, corporations, banks, asset managers and government entities, for cash consideration of $63.6 million. The acquisition enhances Computershare's existing Corporate Trust business and enables Computershare to provide corporate trust and agency services across an extended client base.

Details of the acquisition are as follows:

Cash consideration
Total purchase consideration
Less fair value of identifiable net assets acquired
**Provisional goodwill on consolidation1 **
$000
63,583
63,583
(3,863)
59,720

1The identification and valuation of identifiable intangible assets acquired remains in progress due to the timing of the acquisition.

Assets and liabilities arising from this acquisition are as follows:

Total Assets
Total Liabilities
Net assets
Purchase consideration:
Inflow/(outflow) of cash to acquire the entities, net of cash acquired:
Cash balance acquired
Less cash paid
Net inflow/(outflow) of cash
Fair value
$000
6,769
(2,906)
3,863
$000
4,853
(63,583)
(58,730)

-20-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

b) On 31 December 2024, the Group acquired 100% of equity interest in the UK company ingage IR Limited, an investor relations and engagement software for a cash consideration of $40.8 million and a contingent consideration of $3.8 million.

Details of the acquisition are as follows:

Cash consideration
Contingent consideration
Total purchase consideration
Less fair value of identifiable net assets acquired
Provisional goodwill on consolidation
$000
40,846
3,774
44,620
(3,434)
41,186

Assets and liabilities arising from this acquisition are as follows:

Total Assets1
Total Liabilities
Net assets
1Includes intangible assets recognised on acquisition of $3.4 million.
Purchase consideration:
Inflow/(outflow) of cash to acquire the entities, net of cash acquired:
Cash balance acquired
Less cash paid
Net inflow/(outflow) of cash
Fair value
$000
11,501
(8,067)
3,434
$000
2,797
(40,846)
(38,049)

-21-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

  • c) On 31 December 2024, the Group acquired 100% of equity interest in the UK company CMi2i Limited, a leading issuer agent providing share and debtholder identification services, for a cash consideration of $24.8 million and a contingent consideration of $1.9 million.

Details of the acquisition are as follows:

Cash consideration
Contingent consideration
Total purchase consideration
Less fair value of identifiable net assets acquired
Provisional goodwill on consolidation
Purchase consideration:
Inflow/(outflow) of cash to acquire the entities, net of cash acquired:
Cash balance acquired
Less cash paid
Net inflow/(outflow) of cash
$000
24,783
1,948
26,731
(119)
26,612
$000
667
(24,783)
(24,116)

8. ASSETS AND LIABILITIES CLASSIFIED AS HELD FOR SALE

On 6 March 2025, Computershare entered into an agreement to sell 100% of Computershare Communication Services GmbH (CCS Germany). The sale is expected to occur in the first half of FY26 and therefore the assets and liabilities of CCS Germany are classified as held for sale at 30 June 2025. The gain or loss on disposal is not expected to be material.

Assets classified as Held for Sale
Liabilities classified as Held for Sale
Net Asset
30 June
30 June
2025
2024
$000
$000
12,867
-
(6,809)
-
6,058
-

-22-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

9. DISCONTINUED OPERATIONS

a) Background

On 1 May 2024, the Group disposed of the US MS business, which formed part of the Mortgage Services & Property Rental Services segment. US MS was reported as a discontinued operation in the prior period.

In the current reporting period, a $9.4million increase in the contingent consideration receivable was recorded associated with this disposal. Disposal-related costs of $6.8million were also recognised in the current reporting period offsetting the gain from contingent consideration remeasurement.

Payments of $26.8 million were received in the period and there is no more contingent consideration receivable at 30 June 2025.

Financial information related to the discontinued operation is set out below:

b) Financial performance

Total revenue
Other income
Total expenses
Profit/(loss) before tax
Income tax (expense)/benefit
Profit/(loss) after tax
Loss on sale of subsidiary before tax
Income tax benefit on impairment charge
Loss on sale of subsidiary after tax
Gain/(Loss) after income tax from discontinued operations
c) Cash flows from discontinued operations
Net operating cash flows
Net investing cash flows1
Net financing cash flows
Total cash generated by discontinued operations
30 June
30 June
2025
2024
$000
$000
-
325,010
9,409
6,922
(6,842)
(295,671)
2,567
36,261
(600)
(11,911)
1,967
24,350
-
(234,609)
-
70,019
-
(164,590)
1,967
(140,240)
30 June
30 June
2025
2024
$000
$000
(6,842)
22,011
26,809
504,042
-
2,322
19,967
528,375

1 FY25 includes a cash inflow of $26.8 million (FY24: $577.8 million) from the sale of the business.

-23-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

10. CONTRIBUTED EQUITY (Appendix 4E item 14.2)

Movement in contributed equity

Movement in contributed equity
Balance at 1 July 2024
Ordinary share buy-back (a)
Balance as at 30 June 2025
Number of shares
$000
591,049,320
308,167
(12,662,250)
(279,330)
578,387,070
28,837

(a) On 15 August 2024 Computershare Limited announced an on-market buy-back of ordinary shares. The onmarket buy-back commenced on 4 September 2024 and finished on 27 June 2025.

11. Details of entities over which control was gained or lost during the period (Appendix 4E item 10)

Control gained Date
Pavilion Process Agent Services Limited 31 October 2024
Computershare Asia Services Limited 28 November 2024
CMi2i Limited 31 December 2024
ingage IR Limited 31 December 2024
ingage Poland Sp. Z.o.o. 31 December 2024
Computershare Advantage Trust of Canada (Previously known as BNY Trust Company of
Canada)
3 March 2025
CIN NL B.V. 26 May 2025
Control lost Date
Equatex UK Nominees Limited 2 July 2024
Equatex UK Ltd 11 February 2025
RCNG LLC 13 May 2025
Computershare Investments (UK) (No.8) Limited 20 May 2025
Computershare Services Canada Inc. 30 May 2025

-24-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

12. ASSOCIATES AND JOINT VENTURE ENTITIES (Appendix 4E item 11)

Place of Principal Consolidated Consolidated
Name incorporation activity Ownership interest carrying amount
June June June June
2025 2024 2025 2024
% % $000 $000
Joint Ventures
Computershare Pan Africa Holdings Mauritius Investor Services
Ltd 60 60 - -
Associates
Expandi Ltd United Kingdom Investor Services 25 25 7,212 6,567
Reach LawTech Pty Ltd Australia Investor Services 46.5 46.5 - -
The Reach Agency Holdings Pty Ltd Australia Investor Services 46.5 46.5 1,835 1,972
9,047 8,539

The share of net profit/loss of associates and joint ventures accounted for using the equity method for the year ended 30 June 2025 is a gain of $0.1 million (2024: $0.4 million gain).

13. OTHER SIGNIFICANT INFORMATION (Appendix 4E item 12)

Refer to the Market Announcement and Management Presentation.

14. ADDITIONAL DIVIDEND INFORMATION (Appendix 4E item 7)

Details of dividends determined to be paid or paid during or subsequent to the year ended 30 June 2025 are as follows:

Record date Payment date Type Amount
per
security
Total
dividend
Franked
amount per
security
Conduit
Foreign
Income
amount per
security
20 August 2025 15 September 2025 Final AU 48 cents 277,625,793 AU 0.0 cents AU 48.0 cents
11 February 2025 19 March 2025 Interim AU 45 cents 263,514,682 AU 0.0 cents AU 45.0 cents
21 August 2024 16 September 2024 Final AU 42 cents 247,475,684 AU 0.0 cents AU 42.0 cents

-25-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

15. DIVIDEND REINVESTMENT PLANS (Appendix 4E item 8)

Computershare operates a Dividend Reinvestment Plan (DRP) which provides eligible shareholders with the opportunity to elect to take all or part of dividends in the form of shares in accordance with the DRP plan rules. Shares are provided under the plan free of brokerage and other transaction costs and will rank equally with all other ordinary shares on issue.

The DRP will apply to the final dividend determined on 12 August 2025 in respect of the FY25 financial year. Applications or notices received after 5.00pm (Melbourne time) on 21 August 2025 will not be effective for payment of this final dividend but will be effective for future dividend payments.

The DRP price for the final dividend will be equal to the arithmetic average of the daily volume weighted average market price (rounded to the nearest cent) of all shares sold through a normal trade on the ASX automated trading system during the DRP pricing period for this dividend, being 25 August 2025 to 5 September 2025 (inclusive). No discount will apply to the DRP price.

16. RETAINED EARNINGS (Appendix 4E item 6)

Retained earnings
Retained earnings at the beginning of the financial year
Ordinary dividends provided for or paid
Net profit/(loss) attributable to members of Computershare Limited
Retained earnings at the end of the financial year
17. NTA BACKING(Appendix 4E item 9)
Net tangible asset backing per ordinary share
18. COMMENTARY ON RESULTS(Appendix 4E item 14)
Refer to the Market Announcement and Management Presentation.
2025
2024
$000
$000
2,018,600
1,977,976
(333,530)
(312,000)
607,009
352,624
2,292,079
2,018,600
2025
2024
(1.24)
(1.40)

19. TRENDS IN PERFORMANCE (Appendix 4E item 14.5)

Refer to the Market Announcement and Management Presentation.

20. SIGNIFICANT FEATURES OF OPERATING PERFORMANCE (Appendix 4E item 14.3)

Refer to the Market Announcement and Management Presentation.

21. OTHER FACTORS THAT AFFECTED RESULTS IN THE PERIOD OR WHICH ARE LIKELY TO AFFECT RESULTS IN THE FUTURE (Appendix 4E item 14.6)

Refer to the Market Announcement and Management Presentation.

-26-

COMPUTERSHARE LIMITED AND ITS CONTROLLED ENTITIES SUPPLEMENTARY APPENDIX 4E INFORMATION

22. AUDIT STATUS (Appendix 4E item 15)

This report is based on accounts which are in the process of being audited.

  • 27 -