COMPUTERSHARE LIMITED. - Interim / Quarterly Report 2026

10 February 2026

1H26 Half year results

Stuart Irving, Chief Executive Officer and President Nick Oldfield, Chief Financial Officer

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Key messages

Delivering growth in a lower interest rate environment

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1H26 EBIT ex MI up 12.0%, margin expanded to 16.0%, up 70bps

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Margin Income resilient, down 5.4%. Computershare’s natural hedge mitigates lower rates

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12.9% growth in Event and Transactional revenues, strong Employee Share Plans and IPO performance

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Debt leverage reduced to 0.3x. Interim dividend stepped up to AUD 55 cps, 22% increase on PCP

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FY26 guidance upgraded - Management EPS now expected to be around 144cps

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1H26 Results

Executing well, higher quality Computershare with earnings growth and increased returns

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Management EPS [1] Margin Income (MI)
$372.9m
67.9 cps
Down 5.4%
Up 3.9%
Management EBIT ex. MI Interim Dividend (AUD) [2]
$190.8m 55 cps
Up 12.0% Up 22.2%
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Management Revenue
$1.6bn
Up 3.9%
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Return on Invested Capital (ROIC) 36.1% Up 420bps

Notes: All figures in this presentation are presented in USD millions and in constant currency, unless otherwise stated.

1 1H26 Management EPS is based on closing shares on issue as at 30 June 2025 of 578,387,070. 1H25 EPS is based on the reported weighted average number of shares (WANOS) of 587,867,266.

2 30% franked; Compared to FY25 interim dividend per share of AUD 45 cps. Up 14.6% compared to FY25 final dividend per share of AUD 48 cps.

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Long term track record – business performance

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Issuer Services Corporate Trust Employee Share Plans
Revenue Revenue Revenue
CAGR  4.1% CAGR  35.6% CAGR  11.2%
EBIT EBIT EBIT
CAGR  3.9% CAGR  33.0% CAGR  23.9%
1H26 revenue +5.5%, EBIT –4% v. PCP. Growth 1H26 revenue +5%, EBIT +3.3%. Recovering market 1H26 revenue +4.5%, EBIT +1.2%. Strong trading
across all business lines with investment in Investor activity and growth in share offsets lower MI performance reflecting increased issuance and
Relations platforms and technology growth in Assets under Administration
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1H26 EBIT excludes stranded costs. Refer to appendix slides 28 to 34 for stranded cost disclosure.

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Computershare’s natural hedge – mitigating the impact of lower rates

Net effect of lower interest rates in 1H26 was $8m, 1.5% of PBT

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Impact of interest
rate movements on
MI ($117m)
Impact of balances $14m Reduction in ($8m) Total Interest Rate
(value + mix) ($22m) Income in 1H26 vs. PCP Change in Margin + Interest Expense on Group = Impact in 1H26 vs. PCP
$90m debt in 1H26 vs. PCP
Impact of hedge
book contribution
$6m
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Key factors

In 1H26, US cash rates were 86bps lower than the pcp, reducing our exposed yield by almost 14%. Margin Income was resilient, down 5%.

Interest costs on Group debt reducing as rates decline and balance sheet strengthens (all debt floating), average cost of debt down 173bps vs. PCP
Balances improve as lower interest rates stimulate increased business activity
2/3rds of client balances unaffected by short term rate movements

The total impact of lower interest rates across the group, was $8m; 1.5% of PBT, demonstrating Computershare’s natural hedge

Hedge yield increasing as some older swaps are replaced at higher yields
Hedge book has locked in $1.5bn of margin income over next 5 years

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1H26 Margin Income

Margin Income resilient, down ~5%. Balances up ~2% and recapture rate increased to 95%

Exposed Margin Income Cash Rate by Jurisdiction Australia Canada UK US Other Weighted average rate Recapture rate Exposed Average Balances ($bn) Exposed Margin Income ($m)	• 14% reduction in weighted average rate • Recapture rate increased to 95% with higher share of US balances • Exposed Margin Income +$5m vs. PCP 1H26 1H25 3.64% 4.35% 2.52% 4.13% 4.00% 4.92% 4.10% 4.96% 2.00% 2.00% 3.65% 4.23% 95% 91% 10.3 9.0 178 173 Actual

MI Result

	1H26	1H26	1H26	1H25	1H25	1H25
	Avg Client Balances ($bn)	MI ($m)	Avg Weighted yield(%)	Avg Client Balances ($bn)	MI ($m)	Avg Weighted Yield(%)
Exposed	10.3 178 3.46%			9.0 173 3.86%
Hedged	8.8 150 3.40%			9.9 155 3.15%
Non-Exposed	11.6 45 0.78%			11.4 66 1.16%
Total	30.7 373 2.42%			30.2 394 2.61%

1H26 Average Balances Bridge ($bn)

1H26 Margin Income Bridge ($m)

30.9

30.7

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117 46 6
44
394 367 373
321
277 277
1H25 Group MI Impact of Impact of growth Impact of Impact of Hedge 1H26 Group MI
Interest rate in balances Balance Mix Book at FY25 Rates
movements Contribution
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30.5 0.5
30.3 0.1 0.1
-
30.1 30.7
29.9
30.2 30.2 30.2 30.2
29.7
29.5
1H25 Avg Corporate Trust Issuer Services Employee Share 1H26 Average
Balances Plans Balances at FY25
Rates
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Capital light. Cash generative. Increasing dividends

Balance sheet strength funds growth, investments and dividends

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Cash flow Capex Debt leverage Dividends
Capital light business requires
low levels of ongoing capex to Low leverage ratio provides
Cash conversion rate set to rise
maintain performance levels. substantial capacity to invest in Step up in payout ratio, interim
as below the line cash
Majority of software business growth and reward dividend per share up 22%
costs reduce
development expensed, not shareholders
380.0 90% capitalised
25 8.0%
354.2
360.0 80% 22.2 600.0 0.60 190.0 53% 55%
338.3 336.9 7.0% 527.6
340.0 70% 20 494.9 0.55 185.0
6.0% 500.0 180.0 48% 50%
320.0 60% 0.50
300.0 60% 59% 56% 50% 15 15.3 5.0% 400.0 377.4 0.45 175.0 170.0 46% 45%
12.2
4.0%
280.0 40% 300.0 0.40 165.0
0.42
10 183.0
260.0 30% 3.0% 0.39 0.35 160.0 40%
200.0
155.0
240.0 20% 2.0% 0.30 167.6
5 150.0 35%
220.0 10% 1.0% 100.0 0.30 0.25 155.5
145.0
0.9% 1.5% 0.8%
200.0 0% 0 0.0% - 0.20 140.0 30%
1H24 1H25 1H26 1H24 1H25 1H26 1H25 2H25 1H26 1H24 1H25 1H26
Operating cash flow
Capex Capex as a % of revenue Net debt Net debt to EBITDA ratio Dividends Payout ratio (%)
Operating cash to EBITDA conversion ratio
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1H24 cash flow excludes US MS.

Numbers are in USD M at Actual fx rates, leverage ratio (times X), conversion ratio (%).

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FY26 Outlook – guidance upgraded

Management EPS up around 6% - ongoing earnings growth in a lower interest rate environment

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146
144
2.0
~ 1
142
140 ~ 5 ~ 6
~ 7
138
~ 144
136
134
135.3
132
130
FY25 EPS Organic Margin Interest Tax Buyback FY26
business Income Expense accretion EPS
growth and
cost out
US cps
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	Guidance
Guidance compared to FY25 Group	~ 144cps, up ~ 6% vs. PCP
results	Initial guidance (August 2025) ~ 140cps
Key assumptions
EBIT ex MI	Up ~ 10%, full year EBIT ex MI margin >18%.
	Excludes contribution from UK Mortgage
	Services from 1st February 2026
MI	Around$730mwith average client balances of
	$30.8bn.
Interest expense	Lower interest expense driven by lower gross
	debt, reduction in interest rates and repayment
	of $200m USPP debt.
Group tax rate	Between 24%-25%
Management EPS calculation - FY26	578,387,070which is the WANOS for 1HFY26.
number of shares on issue	FY25 Management EPS is based on a WANOS of
	586,791,638.
Sensitivities
MI	MI sensitivity driven by size and mix of balances
	and changes in cash rates, guidance based on
	curves at 9thFebruary 2026.
Capital markets	Debt and equity markets broadly in line with
	1H26 market conditions.

For constant currency comparisons, FY25 average exchange rates are used to translate the FY26 earnings to USD. Refer to slide 50 for constant currency conversion rates.

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Margin Income, yields and average client balances

FY26 MI upgraded to be ~$730m, as lower rates stimulate balance growth

	August Disclosure	August Disclosure	August Disclosure	Updated Outlook	Updated Outlook	Updated Outlook
	FY26			FY26
	Avg Client Balances ($bn)	MI ($m)	Avg Weighted Yield (%)	Avg Client Balances ($bn)	MI ($m)	Avg Weighted Yield (%)
Exposed 9.8 330 3.33%				10.1 327 3.24%
Hedged 9.0 304 3.38%				9.2 315 3.44%
Non-Exposed 11.4 86 0.76%				11.5 88 0.76%
Total 30.2 720 2.38%				30.8 730 2.37%

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Continuing Business Average Balances by Rate Sensitivity ($bn)
35.0
30.0
25.0
21.0
20.0 18.0 21.2 21.3 20.4 21.0
20.6 20.1
15.0
10.0
13.1
5.0 10.3 7.5 7.8 9.0 8.3 10.3 9.9
0.0
1H23 2H23 1H24 2H24 1H25 2H25 1H26 2H26
Subject to Interest Rate Exposure Interest Rate Protected
$bn
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Numbers above are translated at the FY25 constant currency fx rates.

Average balances exclude US Mortgage Servicing for 1H23-2H24 and Class Actions and Bankruptcy for 1H23-2H23. * = 1H26 and 2H26 are translated at the FY25 average FX rates.

Cash rates lower from August Disclosure as original guidance did not assume September and October CAD rate cuts and US October rate cut.

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Exposed Non-
Non- 29% Exposed Exposed
Exposed FY25 37% FY26 33%
38%
Average Average
Balances Balances
Hedged Hedged
33% 30%
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FY26 MI sensitivity

2.00% 2.50% 3.00%	2.00% 2.50% 3.00%	FY26 estimated rates	3.50% 4.00% 4.50%
+2b Balances 621 690 747		761	804 862 919
+1b Balances 602 666 719		745	771 824 876
FY26E Balances	583 642 690	730	738 786 834
-1b Balances 564 618 662		714	705 748 791
-2b Balances 545 595 633		699	671 710 748

FY26 estimated rates assume rate curve as at 9th February 2026. For sensitivity and interest rate assumptions on FY26 guidance, please refer to slide 46. FY26 estimated rates column is the impact for the remaining six months of the fiscal year. All other rate columns represent assumed rate for a full year.

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1H26 Management results summary

EBIT ex MI +12.0%, margin expansion continues, up 70bps

1H26 Actual (at CC) Total revenue ex Margin Income $1,193.0 $1,113.3 +7.2% Margin Income $372.9 $394.2 -5.4% Total revenue $1,565.9 $1,507.6 +3.9% Operating costs $966.6 $908.9 +6.4% Share of net profit/(loss) of associates and jv -$0.1 -$0.1 +15.3% EBITDA $599.3 $598.8 +0.1% Depreciation $33.6 $32.2 +4.2% Amortisation $2.0 $1.9 +3.2% EBIT $563.7 $564.6 -0.2% EBIT margin(%) 36.0% 37.5% -150bps EBIT ex Margin Income $190.8 $170.4 +12.0% EBIT ex MI margin(%) 16.0% 15.3% +70bps Interest expense $45.5 $59.2 -23.2% Profit Before Tax $518.2 $505.4 +2.5% Income tax expense $125.5 $121.0 +3.8% Management NPAT $392.6 $384.1 +2.2% Management EPS (cents) - at reported WANOS 67.87 65.34 +3.9% Management ETR 24.2% 23.9% +30bps 1H25 Actual Variance vs. 1H25 Actual 1	1H26 Actual
	$1,208.1 $375.5
	$1,583.5
	$978.7 -$0.1 $604.9 $34.0 $2.2
	$568.8
	35.9%
	$193.3
	16.0%
	$45.8 $522.9 $126.8
	$396.0
	68.47 24.2%

1 1H26 reported WANOS is 578,387,070. 1H25 reported WANOS is 587,867,266.

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1H26 Management EPS

Management EPS up 3.9%

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71
70
69
3.6 3.7 0.8
68
2.4
67
66
1.1
67.9
65
65.3
64
63
1H25 Buyback Organic business Margin Interest Tax 1H26
EPS accretion growth and Income Expense EPS
cost out
US cps
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Cost analysis

BAU Opex +2.6% vs. PCP. Below the line costs -30% in 1H26

Below the line costs

Operating expenses

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 30% 1H26
vs. PCP
90 81.8
80
70 62.3
57.2
60 46.2
50 43.4
37.3
40
39.7
30 23.8 22.3
35.3
20
35.6
10 25.0 17.4 18.6 17.1
0 8.1 5.2 5.2 -
1H25 2H25 1H26 2H26 1H27 2H27 1H28
Acquisition integration costs Major restructuring costs Total
USD M
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BAU cost increase
1,000
$19.5m +2.6%
800 36.0 16.5 25.7
600
400 746.9 746.9 766.4 766.4 792.1
200
0
1H25 operating Impact of Cost out Investment 1H26 operating
expenses inflation benefits expenses
) excluding Cost of Sales
USD M
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Highlights:

Investments:

Full six months of acquisition of Ingage IR Ltd, CMi2i Ltd and BNY Trust Company of Canada, acquired in January 2025 and March 2025 respectively.
BAU Opex up 2.6%, below inflation.
Cost out benefits of $16.5m in 1H with additional $13.6m to come in 2H.
$18m of stranded costs reallocated to ongoing business lines in 1H26. $22m to be reallocated in 2H.
Technology and Revenue Growth related investment across core businesses.
Below the line costs down 30% vs. PCP, trending to zero by the end of FY27.

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2H26 Management EPS bridge

Management EPS up 8.8% vs. PCP

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Management EPS growth +8.8%
78
76 0 1
74
~ 4
~ 2
72
~ 3
~ 76
70
68 69.9
66
2H25 Organic business Margin Interest Tax Buyback 2H26
EPS growth and Income Expense accretion EPS
cost out
US cps
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FY25 EPS is 135.28cps based on a WANOS of 586,791,638. 1H25 EPS was 65.34cps at a WANOS of 587,867,266, implying a 2H25 EPS of 69.94cps. 2H26 Management EPS is based on closing shares on issue as at 30 June 2025 of 578,387,070

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Computershare investment case

High quality, capital light business with long term growth track record

Track record – long term earnings growth, margins and dividends

Group Revenue (USD M)

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3,500
3,000
2,500
2,000
1,500
1,000
500
0
US Mortgage Services (US MS), disposed on 1st May 2024
Return on Equity (%)
45%
38.7%
40%
35%
30%
25%
20%
15%
10% Average historical
ROE ~28%
5%
0%
1,584
FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 1H26
FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 1H26
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High quality, capital light business with recurring revenues and high client retention

Leading positions in large markets with positive growth trends

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Robust, market critical proprietary technology and platforms. Well placed to benefit from evolving digital market structures

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Strong balance sheet and cash flow - funds growth investments and dividends

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EBIT Margin (%)

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40% 35.9%
35% Average historical
margin ~23%
30%
25%
20%
15%
10%
5%
0%
100 Dividends (AUD cps)
80
60 55
40
20
0
FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 1H26
FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 1H26
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Appendix

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Appendices

Constant Currency Analysis

1H26 results

Revenue, Margin Income, EBITDA and EBIT by Business Segment

Computershare’s integrated business model Results highlights: Issuer Services, Corporate Trust and Employee Share Plans

Analysis at actual fx rates

Key Financial Indicators Computershare Profit and Loss Statutory results and management adjustments Business Segment Profit and Loss (incl. explanation for new divisional reporting) Revenue definitions Revenue by Country (USD and Local Currency) and Revenue, EBITDA and EBIT by Region Revenue excluding acquisitions and disposals

Analysis at actual fx rates (continued)

Cost out programs

Other expenditure

Margin Income and Client balances Hedged Margin Income

FY26 MI and Balance outlook, including key sensitivities

Debt Facilities Maturity Profile Balance Sheet Cash Flow Exchange Rates

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1H26 Management results – constant currency and actual rates

USD M	At CC	At Actual fx
Total Revenue ex MI	1,193.0	1,208.1
Margin Income	372.9	375.5
Total Management Revenue	1,565.9	1,583.5
Operating expenditure	966.6	978.7
Share of net profit/(loss) of associates and jv	(0.1)	(0.1)
Management EBITDA	599.3	604.9
Depreciation	33.6	34.0
Amortisation	2.0	2.2
Depreciation & Amortisation	35.6	36.2
Management EBIT	563.7	568.8
Management EBIT Margin	36.0%	35.9%
Management EBIT ex MI	190.8	193.3
Management EBIT ex MI Margin	16.0%	16.0%
Interest Expense	45.5	45.8
Management PBT	518.2	522.9
Management ITE	125.5	126.8
OEI	0.1	0.1
Management NPAT	392.6	396.0
Management EPS (cps) - per guidance	67.87	68.47
Management EPS (cps) - at reported WANOS	67.87	68.47

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Revenue Margin Income
At CC At Actual fx At CC At Actual fx
Issuer Services 624.6 629.0 109.1 109.8
Corporate Trust 513.9 513.8 211.9 211.9
Employee Share Plans 246.1 256.3 22.7 23.6
Corporate & Other 181.3 184.4 29.1 30.2
Mortgage Services & Property Rental Services 83.6 86.7 29.1 30.2
Communication Services & Utilities 84.7 84.6 0.0 0.0
Voucher Services 0.8 0.8 0.0 0.0
Technology Services & Operations 12.2 12.3 0.0 0.0
Total 1,565.9 1,583.5 372.9 375.5
EBITDA EBIT
At CC At Actual fx At CC At Actual fx
Issuer Services 203.1 204.2 200.8 201.7
Corporate Trust 264.4 264.6 262.5 262.7
Employee Share Plans 96.7 101.0 93.9 98.0
Corporate & Other 35.0 35.2 6.5 6.4
Mortgage Services & Property Rental Services 19.2 19.9 19.1 19.9
Communication Services & Utilities 9.2 9.0 7.9 7.8
Voucher Services 1.9 1.9 1.9 1.9
Technology Services & Operations 4.8 4.3 -22.4 -23.2
Total 599.3 604.9 563.7 568.8
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1H26 WANOS per guidance is 578,387,070. 1H26 reported WANOS is 578,387,070.

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Revenue, Margin Income, EBITDA and EBIT – constant currency

Revenue	1H25	1H26	1H26 vs. 25
Issuer Services	592.0	624.6	5.5%
Corporate Trust	489.3	513.9	5.0%
Employee Share Plans	235.5	246.1	4.5%
Corporate & Other	190.8	181.3	-5.0%
Mortgage Services & Property Rental Services	81.4	83.6	2.7%
Communication Services & Utilities	91.9	84.7	-7.8%
Voucher Services	1.1	0.8	-28.7%
TechnologyServices & Operations	16.4	12.2	-25.5%
Total Revenue	1,507.6	1,565.9	3.9%
Margin Income	1H25	1H26	1H26 vs. 25
Issuer Services	117.7	109.1	-7.3%
Corporate Trust	220.2	211.9	-3.8%
Employee Share Plans	26.8	22.7	-15.1%
Corporate & Other	29.6	29.1	-1.5%
Mortgage Services & Property Rental Services	29.5	29.1	-1.3%
Communication Services & Utilities	0.0	0.0	0.0%
Voucher Services	0.1	0.0	-43.8%
TechnologyServices & Operations	0.0	0.0	0.0%
Total Margin Income	394.2	372.9	-5.4%

EBITDA	1H25	1H26	1H26 vs. 25
Issuer Services	217.5	203.1	-6.6%
Corporate Trust	261.7	264.4	1.0%
Employee Share Plans	99.1	96.7	-2.4%
Corporate & Other	20.5	35.0	71.1%
Mortgage Services & Property Rental Services	18.3	19.2	4.8%
Communication Services & Utilities	7.7	9.2	19.2%
Voucher Services	2.7	1.9	-30.9%
TechnologyServices & Operations	-8.3	4.8	-158.0%
Total EBITDA	598.8	599.3	0.1%

EBIT	1H25	1H26	1H26 vs. 25
Issuer Services	215.5	200.8	-6.8%
Corporate Trust	259.5	262.5	1.1%
Employee Share Plans	96.4	93.9	-2.5%
Corporate & Other	-6.8	6.5	-195.5%
Mortgage Services & Property Rental Services	18.2	19.1	-4.9%
Communication Services & Utilities	5.0	7.9	57.5%
Voucher Services	2.7	1.9	-30.9%
TechnologyServices & Operations	-32.8	-22.4	31.6%
Total EBIT	564.6	563.7	-0.2%

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ANZ
4%
Canada Asia
11% 7%
UCIA
19%
EBIT
$563.7m
CEU
0%
USA
59%
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Canada
Asia
7%
ANZ 5%
8%
Revenue UCIA
22%
$1,565.9m
USA
56%
CEU
2%
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Computershare’s integrated business model

Improving mix of revenues to higher quality recurring client fees

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1H26 1H22-26
Revenue Profile
vs. PCP CAGR
1,800
 3.9%  14.6%
1,566
1,600 1,508
1,410
1,400
1,255
1,200
818  4.7%  8.4%
781
1,000 909 742
723
800
600 592
333 375  12.9%  9.7%
273
400 225
200 259 396 394 373  5.4%  59.7%
308
57
0
1H22 1H23 1H24 1H25 1H26 @ CC
Margin Income Event and Transactional fee revenue Client fee revenue
USD M
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Refer to slide 35 for revenue definitions.

Revenue Profile: Comparison against proforma results for 1H22 – 1H24 which exclude the disposal of KCC (1st May 2023) and US MS (1st May 2024). Numbers translated at actual fx rates with the exception of 1H26 which is translated at the CC rate (ie FY25 average fx rate).

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Issuer Services

Growth across all business lines, with recovery in some Corporate Actions

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Management EBIT
 4.0%
$207.0m
Margin
33.1%  330bps
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Revenue breakdown	1H26 CC*	1H25 Actual	CC Variance
Register Maintenance	$337.7	$324.1	+4.2%
Corporate Actions Stakeholder Relationship Management	$66.9 $50.7	$59.5 $37.6	+12.4% +34.9%
Governance Services	$60.2	$53.1	+13.2%
Margin Income	$109.1	$117.7	-7.3%
Total revenue	$624.6	$592.0	+5.5%
Mgmt EBIT ex MI	$97.9	$97.9	+0.0%
Mgmt EBIT ex MI margin	19.0%	20.6%	down 160 bps

1H26 CC EBIT excludes stranded costs.

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Corporate Actions fee revenue ($m)
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Issuer Services revenue ($m)

Registered Agents Units Administered (‘000)

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60.0
51.8
46.2 47.9 49.9
50.0 43.4
36.2
40.0
25.6
30.0
17.0
20.0
9.2 7.5 7.7
10.0 4.7
0.0
1H21 1H22 1H23 1H24 1H25 1H26 @ CC
Corp. Actions ex HK Corp. Actions HK
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+5.5% vs. PCP
-7.3% +3.2% +15.0%
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Corporate Trust

Strong growth in fee revenues driven by increased issuance across all product lines

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Management EBIT
 3.3%
$268.2m
Margin
52.2%  80bps
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Revenue breakdown	1H26 CC*	1H25 Actual	CC Variance
Trust Fee and Other Revenue	$271.8	$242.3	+12.2%
MMF Fee Revenue	$30.3	$26.8	+13.1%
Margin Income	$211.9	$220.2	-3.8%
Total revenue	$513.9	$489.3	+5.0%
Mgmt EBIT ex MI	$56.3	$39.3	+43.2%
Mgmt EBIT ex MI margin	18.6%	14.6%	up 400 bps

1H26 CC EBIT excludes stranded costs.

CCT Cost Synergy Plan – Cumulative Benefits ($m)

Mandates under Management (MUM) vs. Mandates won

Total revenue breakdown ($m)

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Periodic benefits of $11.6m achieved in 1H26: $6.2m cost saves and $5.4m 2.2% improvement in mandates won 1H26 vs. 1H25;
revenue synergies. $64.7m of cumulative benefits at 31st Dec 25. 43.9% increase in Structured Products mandates won
80
77
13,551
52 65 10,201
53
29 569 869
16 30 12,529 12,866
7 803
17 604
10
8 Mths FY23 FY24 FY25 FY26 FY27 MUM - Conv. Debt & MUM - Structured Mandates Won - Mandates Won -
FY22 Agency Products Conv. Debt & Agency Structured Products
Actual Planned
1H25 1H26
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513.9
489.3
457.1
118.4
106.9
118.4
382.4 395.6
338.7
1H24 1H25 1H26 @ CC
Structured Products Conventional Debt and Agency
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Employee Share Plans

Performance underpinned by tailwind of increased use of equity in renumeration

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Revenue breakdown 1H26 CC 1H25 Actual CC Variance
Management EBIT
Fee Revenue $91.1 $88.0 +3.5%
Transactional $123.3 $113.6 +8.5%
 1.2%
$97.5m
Other $9.0 $7.1 +26.8%
Margin Income $22.7 $26.8 -15.3%
Margin
Total revenue $246.1 $235.5 +4.5%
39.6%  130bps Mgmt EBIT ex MI $74.8 $69.6 +7.4%
Mgmt EBIT ex MI margin 33.5% 33.3% up 20 bps
1H26 CC EBIT excludes stranded costs.
100.1
Transactional revenue ($m) 123.3 Client fees ($m) 95.1 Assets under administration ($bn)
113.6 86.9
82.0
75.7 77.0
289.2
84.3
74.6 233.9 240.2 230.0 231.6
210.1
58.7 59.3
+4.3%
+5.7%
CAGR
+16.0% CAGR
CAGR
1H21 1H22 1H23 1H24 1H25 1H26 @ CC 1H21 1H22 1H23 1H24 1H25 1H26 @ 1H21 1H22 1H23 1H24 1H25 1H26
CC
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Actual FX rate analysis

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Key Financial Indicators

1H23 2H23 1H24 2H24 1H25 2H25	1H26
Total Management Revenue 1,510.6 1,705.3 1,611.7 1,697.8 1,507.6 1,612.6 Operating expenditure 970.5 1,029.4 990.1 1,032.6 908.9 967.5 Management EBITDA 540.3 676.1 621.7 665.6 598.8 645.1 Management EBIT 440.7 591.8 546.0 602.7 564.6 609.7 Management EBIT ex Margin Income 96.5 160.6 115.2 196.9 170.4 242.7 EBIT Margin % 29.2% 34.7% 33.9% 35.5% 37.5% 37.8% EBIT ex MI Margin % 8.3% 12.6% 9.8% 15.2% 15.3% 19.5% Management Profit Before Tax 387.0 511.7 460.7 525.1 505.4 552.8 Management NPAT 268.9 383.1 331.1 377.2 384.1 409.7	1,583.5 978.7 604.9 568.8 193.3 35.9% 16.0% 522.9 396.0
Management EPS(US cps) 44.55 63.46 54.97 63.36 65.34 69.94 Management EPS(AU cps) 66.35 94.27 83.70 96.62 98.86 110.03	68.47
	104.49
Statutory NPAT 177.1 267.7 105.2 247.41 287.77 319.23 Statutory EPS (US cps) 29.33 44.34 17.47 41.43 48.95 54.50 Revenue split - Recurring 83% 85% 85% 86% 84% 84% Revenue split - Non Recurring 17% 15% 15% 14% 16% 16% Weighted average number of shares1 603,729,336 603,729,336 602,390,548 598,649,609 587,867,266 586,791,638 Net operating cash flows excluding SLS advances 247.5 376.2 369.9 361.2 354.2 469.4 Operating cash to EBITDA conversion ratio 0.5 0.6 0.6 0.5 0.6 0.7 Days Sales Outstanding 53 39 45 45 45 38 Dividend (AU cents) 30 40 40 42 45 48 Franking (%) 0% 0% 20% 0% 0% 0% Dividend payout ratio 45% 42% 48% 43% 46% 44% ROE2 22.3% 30.1% 34.1% 34.7% 37.8% 38.7% ROIC2 15.5% 22.7% 25.3% 30.2% 31.9% 35.8% Net debt to EBITDA3 1.33 0.85 0.85 0.36 0.39 0.42	280.4 48.48 82% 18% 578,387,070 336.9 0.6 39 55 30% 53% 38.7% 36.1% 0.30

1 Weighted average number of ordinary shares used as a denominator in calculating basic earnings per share as at December (1H) or June (FY). The 2H EPS is the difference between FY and 1H EPS. 2 As at Dec (1H) and June (2H).

3 Ratio excluding non-recourse SLS advance debt and lease liabilities.

Notable acquisitions: SunDoc Filings (1[st] Jun 23), Solium Capital UK (1[st] Dec 23), Ingage IR Limited (31[st] Dec 24), CMi2i Limited (31[st] Dec 24), BNY Trust Company of Canada (4th Mar 25). Notable divestments: Bankruptcy and Class Actions business (1[st] May 23), CMC Funding (3[rd] May 23), US Mortgage Services business (1[st] May 24), CCS Germany (29[th] Aug 25).

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Computershare Profit & Loss

USD M (at actual rates) 1H23 2H23 1H24 2H24 1H25 2H25 Total Revenue ex MI 1,166.5 1,274.0 1,180.9 1,292.0 1,113.3 1,245.7 Margin Income 344.1 431.3 430.8 405.8 394.2 366.9 Total Management Revenue 1,510.6 1,705.3 1,611.7 1,697.8 1,507.6 1,612.6	1H26
	1,208.1 375.5 1,583.5
Operating expenditure 970.5 1,029.4 990.103 1,032.561 908.871 967.471	978.7
Share of net profit/(loss) of associates and jv -0.1 -0.2 -0.1 -0.4 -0.1 0.0 Management EBITDA 540.3 676.1 621.7 665.6 598.8 645.1 Depreciation 35.8 40.1 32.9 32.8 32.2 33.5 Amortisation 63.8 44.1 42.8 30.0 1.9 2.0 Depreciation & Amortisation 99.6 84.2 75.7 62.9 34.2 35.5 Management EBIT 440.7 591.8 546.0 602.7 564.6 609.7 Management EBIT Margin 29.2% 34.7% 33.9% 35.5% 37.5% 37.8% Management EBIT ex MI 96.5 160.6 115.2 196.9 170.4 242.7 Management EBIT ex MI Margin 8.3% 12.6% 9.8% 15.2% 15.3% 19.5% Interest Expense 53.7 80.2 85.4 77.6 59.2 56.8 Management PBT 387.0 511.7 460.7 525.1 505.4 552.8 Management ITE 117.8 128.9 129.4 147.7 121.0 142.8 OEI 0.3 -0.3 0.2 0.1 0.3 0.3 Management NPAT 268.9 383.1 331.1 377.2 384.1 409.7 Management Adjustments (after tax)1 Amortisation -35.1 -35.6 -34.5 -36.0 -36.0 -34.7 Acquisitions and Disposals -30.0 -55.6 -60.2 -178.3 -17.7 -17.9 Other -26.8 -24.3 -131.2 84.4 -42.7 -38.0 Total Management Adjustments -91.9 -115.5 -225.9 -129.8 -96.3 -90.5 Statutory NPAT 177.1 267.7 105.2 247.4 287.8 319.2 Management EPS(cps) 44.55 63.46 54.97 63.36 65.34 69.94 Statutory EPS(cps) 29.33 44.34 17.47 41.43 48.95 54.50 Mgt ETR 30.4% 25.2% 28.1% 28.1% 23.9% 25.8% Stat ETR 32.6% 24.6% 37.8% 24.2% 23.4% 23.4%	-0.1 604.9 34.0 2.2 36.2
	568.8
	35.9% 193.3 16.0%
	45.8
	522.9
	126.8 0.1
	396.0

	-39.5
	-41.1
	-35.0
	-115.6
	280.4
	68.47
	48.48

	24.2%
	25.9%

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1 Refer to slide 27 for detail on management adjustments.

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Statutory results

Statutory results	1H25	1H26	1H26 v 25
Total revenue	1,498.8	1,579.4	5.4%
Other income	16.8	5.4	-67.9%
Total Revenue	1,515.6	1,584.8	4.6%
Total Expenses	1,139.6	1,206.0	-5.8%
Statutory Net Profit (post NCI)	287.8	280.4	-2.6%
Earnings per share (post NCI)1	48.95	48.48	-1.0%
Reconciliation of Statutory NPAT to Management Results			1H26
Net profit after tax per statutory results			280.4
Management Adjustments (after tax)
Amortisation			39.5
Acquisitions and Disposals			41.1
Other			35.0
Total Management Adjustments			115.6
Netprofit after taxper management results			396.0
Management Earnings per share (cps)			68.47

1 EPS in 1H25 is at 587,867,266 reported WANOS and 1H26 EPS is at 578,387,070 reported WANOS.

Management results are used, along with other measures, to assess operating business performance. The Company believes that exclusion of certain items permits better analysis of the Group’s performance on a comparative basis and provides a better measure of underlying operating performance. These items are typically non-recurring costs associated with significant restructuring programs and integration of acquisitions and profits and losses arising from the sale of businesses and investments.

Management adjustments are made on the same basis as in prior years.

Non-cash management adjustments include significant amortisation of identified intangible assets from businesses acquired in recent years, which will recur in subsequent years, asset disposals and other one-off charges.

Cash adjustments are predominantly expenditure on acquisitionrelated and other restructures and will cease once the relevant acquisition integrations and restructures are complete.

A description of the current financial year’s management adjustments is included on the next slide.

The non-IFRS financial information contained within this document has not been reviewed or audited in accordance with Australian Auditing Standards.

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Management adjustment items

USD M (at actual rates)	1H23	FY23	1H24	FY24	1H25	FY25	1H26
Management adjustments items (net of tax)
Amortisation	35.1	70.7	34.5	70.5	36.0	70.6	39.5
Amortisation of acquisition related intangible assets	35.1	70.7	34.5	70.5	36.0	70.6	39.5
Acquisitions and Disposals	30.0	85.6	60.2	238.5	17.7	35.5	41.1
Acquisition and disposal related expenses			3.6	3.4
Disposal related expenses - KCC Business			2.9
Disposal related expenses - UK Mortgage Services							34.2
Gain on the sale of Private Capital Solutions client accounts in Canada		-0.1
Gain on the sale of CMC Funding in USA		-1.3
Loss on sale of US Mortgage Services				129.4	-1.3	-9.2
Loss on sale of CCS Germany							0.9
Acquisition related integration expenses	31.9	89.9	53.7	85.2	18.9	44.7	6.0
Adjustment of contingent consideration receivable	-1.9	-2.9		20.5
Other	26.8	51.1	131.2	46.8	42.7	80.7	35.0
Major restructuring costs	11.8	29.3	14.7	47.1	27.9	60.7	26.7
Marked to market adjustments - derivatives	2.7	-0.7	0.1	-0.3	-0.9	0.1	-1.0
Voucher Services impairment		9.9
UK Mortgage Services impairment	12.3	12.6					5.0
US Mortgage Services impairment			116.4
Margin income hedge modification					15.7	19.9	4.3
Total Management Adjustments	91.9	207.3	225.9	355.7	96.3	186.8	115.6

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Issuer Services profit and loss

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USD M (at actual rates) 1H23 2H23 1H24 2H24 1H25 2H25 FY23 FY24 FY25 1H26 1H26 [1] 1H26 Revenue by Region ANZ Asia UCIA CEU USA Canada Total
USD M (at actual rates)
Register Maintenance 306.7 354.7 308.2 365.4 324.1 373.5 661.5 673.6 697.5 340.3 340.3 Register Maintenance 52.6 28.4 61.0 17.5 217.6 28.5 405.5
Corporate Actions 43.7 42.5 52.6 53.3 59.5 50.8 86.2 105.9 110.3 67.1 67.1 Corporate Actions 11.7 18.0 16.7 0.0 46.3 18.8 111.6
Stakeholder Relationship Management 23.6 29.4 28.9 43.1 37.6 54.2 53.0 72.0 91.8 51.3 51.3
SRM 1.0 1.5 8.1 3.2 37.5 0.0 51.3
Governance Services 50.5 40.7 51.1 58.3 53.1 65.8 91.3 109.5 119.0 60.5 60.5 TBU
Governance Services 0.5 1.1 6.5 1.7 50.2 0.6 60.5
Total Revenue ex MI 424.6 467.4 440.9 520.0 474.3 544.3 892.0 960.9 1,018.6 519.2 519.2
Margin Income 82.1 116.3 134.3 116.1 117.7 118.8 198.4 250.4 236.4 109.8 109.8 Issuer Services 65.8 49.0 92.3 22.3 351.7 47.9 629.0
Total Management Revenue 506.7 583.7 575.2 636.1 592.0 663.1 1,090.4 1,211.3 1,255.1 629.0 629.0 PCP 64.9 37.2 79.6 19.1 342.2 49.0 592.0
Stranded costs 6.2 0.0
Operating expenditure 337.5 367.8 366.2 395.3 374.5 421.3 705.3 761.4 795.8 424.9 418.7
Issuer Services comprise register maintenance,
Share of net profit/(loss) of associates and jv 0.1 0.1 0.0 0.4 0.0 0.1 0.2 0.4 0.1 -0.1 -0.1 corporate actions, stakeholder relationship
management, corporate governance and related
Management EBITDA 169.2 216.1 209.0 241.2 217.5 241.9 385.3 450.2 459.4 204.2 210.4
services. Note - UCIA includes United Kingdom,
Depreciation 1.3 1.3 1.4 1.6 2.0 1.7 2.6 2.9 3.7 2.4 2.4 Channel Islands, Ireland and South Africa.
Amortisation 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Management EBIT 168.0 214.7 207.6 239.7 215.5 240.2 382.7 447.2 455.7 201.7 207.9
EBIT Margin 33.2% 36.8% 36.1% 37.7% 36.4% 36.2% 35.1% 36.9% 36.3% 32.1% 33.1% Global managed shareholder accounts (m)
Management EBIT ex MI 85.9 98.4 73.3 123.6 97.9 121.4 184.3 196.9 219.3 91.9 98.1
EBIT ex MI Margin 20.2% 21.1% 16.6% 23.8% 20.6% 22.3% 20.7% 20.5% 21.5% 17.7% 18.9%
45.0
Register Maintenance revenue breakdown 40.0 38.2 38.3 38.2 37.2 36.0 35.0
Issuer paid 208.8 251.2 201.6 244.4 202.4 249.4 460.0 446.0 451.9 205.4 205.4 35.0
Holder/Broker paid 97.9 103.5 106.6 121.0 121.6 124.1 201.5 227.6 245.7 134.8 134.8 30.0
Register Maintenance MI 41.8 63.8 67.8 70.9 70.0 71.5 105.6 138.6 141.5 65.3 65.3 25.0
Total Register Maintenance 348.5 418.5 376.0 436.2 394.0 445.0 767.0 812.2 839.0 405.5 405.5 20.0
15.0
10.0
5.0
0.0
1H21 1H22 1H23 1H24 1H25 1H26
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1 1H26 results excluding stranded costs.

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Corporate Trust profit and loss

				CCT USA 1H26 1H25 271.4 242.5 187.1 194.8 458.5 437.3 5.4 0.0 233.0 213.0 225.5 224.3 1.9 2.2 223.6 222.1 48.8% 50.8% 36.6 27.3 13.5% 11.3% 371.3 351.6 87.2 85.7	Other
USD M (at actual rates) 1H23 2H23 1H24 2H24 1H25 2H25	FY23 FY24 FY25	1H26	1H261 302.0 211.9 513.8 0.0 243.5 270.3 1.9 268.4 52.2% 56.5 18.7% 395.3 118.5		1H26 1H25
Total Revenue ex MI 251.5 278.0 252.1 264.3 269.0 291.1 Margin Income 198.6 229.7 205.0 215.0 220.2 195.5 Total Management Revenue 450.2 507.7 457.1 479.2 489.3 486.6 Stranded costs Operating expenditure 200.3 225.2 214.2 227.6 227.6 232.1 Management EBITDA 249.9 282.5 242.9 251.7 261.7 254.5 Depreciation & Amortisation 4.2 6.4 6.9 8.2 2.2 2.1	529.5 516.4 560.2 428.3 419.9 415.7 957.9 936.3 975.9 425.4 441.8 459.7 532.4 494.5 516.2 10.6 15.1 4.2	302.0 211.9 513.8 5.7 249.2 264.6 1.9			30.5 26.6 24.8 25.4 55.3 52.0 0.3 0.0 16.2 14.6 39.1 37.4 0.0 0.0
Management EBIT 245.7 276.1 235.9 243.5 259.5 252.4	521.8 479.4 512.0	262.7			39.1 37.4
EBIT Margin 54.6% 54.4% 51.6% 50.8% 53.0% 51.9%	54.5% 51.2% 52.5%	51.1%			70.6% 71.9%
Management EBIT ex MI 47.1 46.4 31.0 28.6 39.3 57.0	93.4 59.5 96.3	50.8			14.3 12.0
EBIT ex MI Margin 18.7% 16.7% 12.3% 10.8% 14.6% 19.6%	17.6% 11.5% 17.2%	16.8%			46.7% 45.1%
Revenue breakdown Structured Products 314.9 369.9 338.7 362.9 382.4 380.9 Conventional Debt and Agency 135.2 137.8 118.4 116.3 106.9 105.7	684.8 701.6 763.3 273.0 234.7 212.5	395.3 118.5			24.0 30.8 31.3 21.2
Total Management Revenue 450.2 507.7 457.1 479.2 489.3 486.6	957.9 936.3 975.9	513.8	513.8	458.5 437.3	55.3 52.0
		1H26 Revenue by Region USD M (at actual rates) USA Canada Total Corporate Trust 462.1 51.7 513.8
		PCP 443.2 46.0 489.3

Structured Products – Offers trustee and agency services supporting securitizations and lending arrangements for investment banks, hedge funds and asset managers, private equity firms and government agencies which are collateralized by a variety of assets, including residential and commercial mortgages, leveraged loans, auto and other consumer receivables.

Conventional Debt and Agency - Offers trustee and agency services on bond and debt programs created by public and private corporations and government entities. In addition, offers services in connection with various corporate escrow arrangements as well as services supporting the insurance trust market.

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1 1H26 results excluding stranded costs.

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Employee Share Plans profit and loss

USD M (at actual rates) 1H23 2H23 1H24 2H24 1H25 2H25	FY23 FY24 FY25	1H26	1H261
Fee revenue 71.4 75.9 79.0 87.4 88.0 87.6 Transactional revenue 59.3 96.2 84.3 135.8 113.6 153.7 Other revenue 5.6 9.3 7.9 10.1 7.1 7.6 Margin Income 9.3 19.6 27.6 25.8 26.8 23.5 Total Management Revenue 145.6 201.0 198.8 259.1 235.5 272.3 Stranded costs Operating expenditure 116.9 127.6 128.0 144.4 136.4 156.1 Management EBITDA 28.7 73.4 70.8 114.7 99.1 116.2 Depreciation 0.8 0.6 0.6 1.0 0.8 0.8 Amortisation 1.9 1.7 1.9 1.9 1.9 2.0	147.3 166.5 175.6 155.5 220.0 267.3 14.9 18.0 14.7 28.9 53.4 50.2 346.7 457.9 507.8 244.5 272.3 292.5 102.2 185.5 215.3 1.4 1.7 1.6 3.6 3.8 3.9	94.8 128.7 9.3 23.6 256.3 3.5 155.3 101.0 0.9 2.1	94.8 128.7 9.3 23.6 256.3 0.0 151.7 104.5 0.9 2.1
Management EBIT 26.0 71.2 68.3 111.8 96.4 113.5	97.2 180.1 209.8	98.0	101.5
EBIT Margin 17.9% 35.4% 34.3% 43.2% 40.9% 41.7%	28.1% 39.3% 41.3%	38.2%	39.6%
Management EBIT ex MI 16.7 51.6 40.7 86.0 69.6 90.0	68.3 126.7 159.6	74.4	77.9
EBIT ex MI Margin 12.3% 28.4% 23.8% 36.9% 33.3% 36.2%	21.5% 31.3% 34.9%	32.0%	33.5%

1H26 Revenue by Region USD M(at actual rates) ANZ Asia UCIA CEU USA Canada Total
Employee Share Plans 11.8 27.5 176.6 0.0 29.7 10.7 256.3
PCP 8.9 25.3 159.6 0.3 32.0 9.4 235.5

Employee Share Plans comprise the provision of administration and related services for employee share and option plans.

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Assets Under Administration
Units (bn)
27.8 28.3 27.4
26.4
22.7 22.8
1H21 1H22 1H23 1H24 1H25 1H26
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1 1H26 results excluding stranded costs.

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Corporate & Other profit and loss – new divisional reporting explained

New changes; Voucher Services separated from Employee Share Plans, Voucher Services, Mortgage Services & Property Rental Services, Communications Services & Utilities and Technology Services & Operations all consolidated into Corporate & Other. No reduction in overall disclosure

	Revenue	Revenue	Margin Income	Margin Income	EBIT	EBIT
	1H26	1H25	1H26		1H26	1H25
Previous Divisional Reporting
Issuer Services	629.0 592.0 513.8 489.3 257.1 236.6		109.8 117.7 211.9 220.2 23.6 26.8		201.7 215.5 262.7 259.5 99.9 99.1
Corporate Trust
Employee Share Plans & Voucher Services
Mortgage Services & Property Rental Services	86.7	81.4	30.2	29.5	19.9	18.2
Communication Services & Utilities	84.6 91.9 12.3 16.4		0.0 0.0 0.0 0.0		7.8 5.0 -23.2 -32.8
Technology Services & Operations
Total	1,583.5 1,507.6 629.0 592.0 513.8 489.3 256.3 235.5 184.4 190.8 86.7 81.4 84.6 91.9 0.8 1.1 12.3 16.4 1,583.5 1,507.6		375.5 394.2 109.8 117.7 211.9 220.2 23.6 26.8 30.2 29.5 30.2 29.5 0.0 0.0 0.0 0.0 0.0 0.0 375.5 394.2		568.8 564.6
					201.7 215.5 262.7 259.5 98.0 96.4
New Divisional Reporting	629.0 592.0 513.8 489.3 256.3 235.5
Issuer Services
Corporate Trust
Employee Share Plans
Corporate & Other	184.4	190.8			6.4	-6.9
Mortgage Services & Property Rental Services	86.7 81.4 84.6 91.9 0.8 1.1 12.3 16.4				19.9 18.2 7.8 5.0 1.9 2.7 -23.2 -32.8
Communication Services & Utilities
Voucher Services
Technology Services & Operations
Total					568.8 564.6

With effect from FY27, disclosure will follow this new style. For FY26, reporting will be provided in both formats.

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Mortgage Services & Property Rental Services profit and loss

USD M (at actual rates) 1H23 2H23 1H24 2H24 1H25 2H25	FY23 FY24 FY25	1H26 Revenue by Region USD M(at actual rates) ANZ Asia UCIA CEU USA Canada Total	1H26 Revenue by Region USD M(at actual rates) ANZ Asia UCIA CEU USA Canada Total
Total Revenue ex MI 226.3 227.6 219.6 167.3 51.9 49.7 Margin Income 39.9 55.0 63.9 48.9 29.5 29.2 Total Management Revenue 266.2 282.6 283.5 216.2 81.4 78.8 Stranded costs Operating expenditure 214.0 205.5 210.6 166.4 63.1 60.7 Share of net profit/(loss) of associates and jv 0.0 0.0 0.0 0.0 0.0 0.0 Management EBITDA 52.2 77.1 73.0 49.8 18.3 18.1 Depreciation 1.0 1.6 -0.1 0.4 0.1 0.2 Amortisation 60.8 42.0 40.8 28.1 0.0 0.0	453.9 386.9 101.6 94.9 112.8 58.7 548.8 499.7 160.2 419.5 376.9 123.8 0.0 0.0 0.0 129.4 122.8 36.4 2.6 0.3 0.3 102.8 69.0 0.0
		UK Mortgage Services & Property Rental Services 0.0 0.0 86.7 0.0 0.0 0.0 86.7
		PCP 0.0 0.0 81.4 0.0 0.0 0.0 81.4

			Mortgage Services & Property Rental Servicescomprise mortgage servicing and related activities, together with tenancy deposit protection services in the UK. * Servicing performed on a contractual basis. UK includes bureau UPB value, however, excludes the number of bureau loans.
Management EBIT -9.6 33.5 32.2 21.3 18.2 17.9	23.9 53.5 36.2
EBIT Margin -3.6% 11.9% 11.4% 9.9% 22.4% 22.7%	4.4% 10.7% 22.6%
Management EBIT ex MI -49.5 -21.4 -31.7 -27.6 -11.2 -11.3	-71.0 -59.3 -22.5
EBIT ex MI Margin -21.9% -9.4% -14.4% -16.5% -21.7% -22.7%	-15.6% -15.3% -22.2%
Mortgage Services revenue breakdown US Mortgage Services Revenue 198.6 205.1 201.7 130.2 0.0 0.0 UK Mortgage Services Revenue 49.8 52.5 52.6 57.6 51.7 49.1	403.6 331.9 0.0 102.3 110.2 100.9
			28.7 4.7 176.5 33.2 14.8 3.0 135.6 22.3 17.4 3.3 154.3 24.6 UPB £bn - Performing UPB £bn - Non- performing Loans no. (k) - Performing Loans no. (k) - Non-performing UK Mortgage Services 1H24 1H25 1H26
Fee revenue 0.4 0.3 0.4 0.3 0.2 0.5 UK Property Rental Services MI 17.5 24.8 28.8 28.1 29.5 29.2	0.7 0.7 0.7 42.3 56.9 58.7
UK Property Rental Services Revenue 17.8 25.1 29.2 28.4 29.6 29.7 UK Mortgage Services	43.0 57.6 59.3
USD M (at actual rates) 1H23 2H23 1H24 2H24 1H25 2H25	FY23 FY24 FY25
Total Management Revenue 49.8 52.5 52.6 57.6 51.7 49.1 Stranded costs Operating expenditure 45.5 49.8 49.9 51.2 48.8 43.8 Management EBITDA 4.2 2.7 2.8 6.4 2.9 5.3 Depreciation -0.4 0.0 0.0 0.0 0.1 0.2 Amortisation 0.0 0.0 0.0 0.0 0.0 0.0	102.3 110.2 100.9 95.4 101.0 92.7 6.9 9.2 8.2 -0.4 0.0 0.3 0.0 0.0 0.0
Management EBIT 4.7 2.7 2.8 6.4 2.8 5.1	7.4 9.2 8.0
EBIT Margin 9.4% 5.2% 5.3% 11.1% 5.5% 10.5%	7.2% 8.3% 7.9%

1 1H26 results excluding stranded costs.

Note: This slide will not be provided after FY26.

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Communication Services & Utilities profit and loss

USD M (at actual rates) 1H23 2H23 1H24 2H24 1H25 2H25	FY23 FY24 FY25	1H26 1H261
Communication Services 77.2 81.7 83.8 92.1 87.1 95.8 Utilities 3.6 4.3 4.4 4.8 4.8 4.9 Total Management Revenue 80.9 86.0 88.2 96.8 91.9 100.7 Stranded costs Operating expenditure 73.0 69.0 79.3 79.0 84.2 80.9 Management EBITDA 7.8 17.0 8.9 17.9 7.7 19.8 Depreciation 2.2 2.2 2.1 2.0 2.7 2.3	158.9 175.8 182.9 8.0 9.2 9.7 166.9 185.0 192.5 142.0 158.2 165.1 24.8 26.8 27.5 4.4 4.2 5.0	78.7 78.7 5.9 5.9 84.6 84.6 1.6 0.0 75.6 74.0 9.0 10.6 1.2 1.2
Management EBIT 5.6 14.8 6.8 15.8 5.0 17.4	20.4 22.6 22.5	7.8 9.4
EBIT Margin 6.9% 17.2% 7.7% 16.4% 5.5% 17.3%	12.2% 12.2% 11.7%	9.2% 11.1%

1H26 Revenue by Region USD M(at actual rates) ANZ Asia UCIA CEU USA Canada Total
Communication Services & Utilities 38.5 0.0 6.7 -0.0 34.0 5.4 84.6
PCP 38.2 0.0 5.8 11.5 29.4 6.9 91.9

Voucher Services profit and loss

USD M (at actual rates) 1H23 2H23 1H24 2H24 1H25 2H25	FY23 FY24 FY25	1H26	1H261
Fee revenue 3.1 1.8 -0.6 1.0 1.0 3.6 Margin Income 0.0 0.1 0.1 0.1 0.1 0.1 Total Management Revenue 3.2 1.9 -0.5 1.1 1.1 3.6 Stranded costs Operating expenditure 0.3 -0.5 -1.4 -1.1 -1.6 -1.6 Management EBITDA 2.9 2.4 0.9 2.2 2.7 5.3	5.0 0.4 4.6 0.1 0.2 0.1 5.1 0.6 4.8 -0.2 -2.6 -3.2 5.3 3.2 8.0	0.8 0.0 0.8 0.0 -1.1 1.9	0.8 0.0 0.8 0.0 -1.1 1.9
Management EBIT 2.9 2.4 0.9 2.2 2.7 5.3	5.3 3.2 8.0	1.9	1.9
Management EBIT ex MI 2.9 2.3 0.9 2.1 2.6 5.2	5.2 3.0 7.9	1.9	1.9


1H26 Revenue by Region USD M(at actual rates) ANZ Asia UCIA CEU USA Canada Total
Voucher Services 0.0 0.0 0.8 0.0 0.0 0.0 0.8
PCP 0.0 0.0 1.1 0.0 0.0 0.0 1.1

1 1H26 results excluding stranded costs.

Note: This slide will not be provided after FY26.

Communication Services and Utilities operations comprise document composition and printing, intelligent mailing, inbound process automation, scanning and electronic delivery.

Voucher Services comprise the provision of Childcare Voucher administration in the UK.

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Technology Services & Operations profit and loss

USD M (at actual rates) 1H23 2H23 1H24 2H24 1H25 2H25	FY23 FY24 FY25	1H26 1H261 12.3 12.3 0.0 0.0 12.3 12.3 -18.7 0.0 8.0 26.7 0.0 0.0 4.3 -14.4 27.5 27.5 0.0 0.0 -23.2 -41.9 -23.2 -41.9
Total Revenue ex MI 1.3 3.9 9.5 9.3 16.4 7.4 Margin Income 0.0 0.0 0.0 0.0 0.0 0.0 Total Management Revenue 1.3 3.9 9.5 9.3 16.4 7.4 Stranded costs Operating expenditure -21.1 1.3 -6.7 21.2 24.8 17.9 Share of net profit/(loss) of associates and jv 0.0 0.1 0.1 0.0 -0.1 -0.1 Management EBITDA 22.4 2.8 16.3 -11.9 -8.3 -10.6 Depreciation 26.3 27.9 21.9 19.7 24.6 26.4 Amortisation 0.4 0.0 0.0 0.0 0.0 0.0	5.3 18.7 23.8 0.0 0.0 0.0 5.3 18.7 23.8 -19.8 14.5 42.7 0.1 0.1 -0.2 25.2 4.3 -18.9 54.2 41.6 51.0 0.4 0.0 0.0
Management EBIT -4.3 -25.2 -5.6 -31.7 -32.8 -37.0	-29.5 -37.3 -69.8
Management EBIT ex MI -4.3 -25.2 -5.6 -31.7 -32.8 -37.0	-29.5 -37.3 -69.8

Technology Services & Operations includes operations and shared service functions including Risk, Internal Audit, People, Facilities, Global Information Security and Corporate. Computershare allocates out all corporate expenses to our business lines. The residual Corporate and Technology revenues reflect some third-party technology revenues, rental income, interest income and other corporate related transaction income (this includes the provision of the KCC and US Mortgage Services business transitional services agreement).

1H26 Revenue by Region	ANZ	Asia	UCIA	CEU	USA	Canada	Total
USD M(at actual rates)
Technology Services & Operations	0.4	0.5	1.0	4.4	5.1	1.0	12.3
PCP	6.2	0.0	2.7	0.0	6.8	0.7	16.4

Note: This slide will not be provided after FY26.

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1 1H26 results excluding stranded costs.

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Revenue definitions

Classification	USD M 1H24 1H25 1H26 1H26@ CC	USD M 1H24 1H25 1H26 1H26@ CC	USD M 1H24 1H25 1H26 1H26@ CC	USD M 1H24 1H25 1H26 1H26@ CC	USD M 1H24 1H25 1H26 1H26@ CC
	Issuer Services
Client Fees	Register Maintenance - Issuer Paid	201.6	202.3	205.4	203.6
Transactional Fees	Register Maintenance - Holder/Broker Paid	106.6	121.7	134.8	134.1
Event Fees	Corporate Actions	52.6	59.5	67.1	66.9
Event Fees	Stakeholder RelationshipManagement	28.9	37.6	51.3	50.7
Client Fees	Governance Services	51.1	53.1	60.5	60.2
	Global Corporate Trust
Client Fees	Computershare Corporate Trust	225.7	242.5	271.4	271.4
Client Fees	Corporate Trust	26.5	26.6	30.5	30.6
	Employee Share Plans
Client Fees	Plans - Fee revenues	79.0	88.0	94.8	91.1
Transactional Fees	Plans - Transactional revenues	84.3	113.6	128.7	123.3
Client Fees	Plans - Other revenues	7.9	7.1	9.3	9.0
	Mortgage Services & Property Rental Services
Client Fees	US Mortgage Services - Base	98.1	0.0	0.0	0.0
Transactional Fees	US Mortgage Services - service	23.4	0.0	0.0	0.0
Transactional Fees	US Mortgage Services - Other	45.0	0.0	0.0	0.0
Client Fees	UK Mortgage Services	52.6	51.7	56.1	54.1
Transactional Fees	PropertyRental Services	0.4	0.2	0.4	0.4
	Communication Services & Utilities
Client Fees	Communication Services	83.8	87.1	78.7	78.8
Client Fees	Utilities	4.4	4.8	5.9	5.9
Client Fees Client Fees	Voucher Services -1.8 1.0 0.8 0.8 Technology Services & Operations 10.7 16.4 12.3 12.2
	Total Revenue excluding Margin Income	1,180.9	1,113.3	1,208.1	1,193.1
	Margin Income	430.8	394.2	375.5	372.9
	Total Revenue	1,611.7	1,507.6	1,583.5	1,565.9

Client Fees Transactional Fees Event Fees	Total Revenue excluding Margin Income 839.7 780.7 825.7 817.7 Total Revenue excluding Margin Income 259.7 235.5 263.9 257.8 Total Revenue excluding Margin Income 81.5 97.1 118.4 117.6
	1,180.9 1,113.3 1,208.1 1,193.1

Revenue definitions:

Event based businesses include Corporate Actions and Stakeholder Relationship Management.

Transactional revenue fees are inclusive of Register Maintenance (holder/broker paid), Plans transactional fees, and US Mortgage Servicing (servicing related fees and other fees).

Client fee revenue is inclusive of Register Maintenance (Issuer paid), Governance Services, Corporate Trust, Plans (excluding Plans transactional), UK and US Mortgage Servicing (base servicing), CCS & Utilities, Vouchers, and Corporate and Technology Revenue.

The group disposed off US Mortgage Services on the 1st May 2024.

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Revenue by Country (USD and Local Currency)

USD M (at actual rates)	Australia	Hong Kong	UK & Offshore	Switzerland	South Africa	Germany	USA	Canada	Other	Total
Register Maintenance	48.0	28.4	44.9	3.7	6.3	4.7	217.6	28.5	23.4	405.5
Corporate Actions	10.7	18.0	12.9	0.0	2.5	0.0	46.3	18.8	2.3	111.6
Stakeholder Relationship Management	1.0	1.5	8.1	0.0	0.0	0.0	37.5	0.0	3.2	51.3
Governance Services	0.3	1.1	6.2	0.0	0.1	0.4	50.2	0.6	1.5	60.5
Issuer Services	60.0	49.0	72.1	3.7	9.0	5.1	351.7	47.9	30.5	629.0
Corporate Trust	0.0	0.0	0.0	0.0	0.0	0.0	462.1	51.7	0.0	513.8
Employee Share Plans	11.8	27.4	91.0	68.7	0.0	0.0	29.7	10.7	17.0	256.3
Corporate & Other	38.8	0.5	95.5	-0.3	0.1	4.4	39.1	6.4	-0.0	184.4
Mortgage Services & Property Rental Services	0.0	0.0	86.7	0.0	0.0	0.0	0.0	0.0	0.0	86.7
Communication Services & Utilities	38.5	0.0	6.7	0.0	0.0	0.0	34.0	5.4	-0.0	84.6
Vouchers	0.0	0.0	0.8	0.0	0.0	0.0	0.0	0.0	0.0	0.8
TechnologyServices & Operations	0.3	0.5	1.2	-0.3	0.1	4.4	5.1	1.0	0.0	12.3
Total Revenue	110.6	76.9	258.5	72.1	9.1	9.5	882.6	116.7	47.5	1,583.5
	Australia	Hong Kong	UK & Offshore	Switzerland	South Africa	Germany	USA	Canada	Other
	AUD	HKD	GBP	CHF	ZAR	EUR	USD	CAD	USD
Register Maintenance	73.2	221.5	33.5	3.0	109.9	4.0	217.6	39.5	23.4
Corporate Actions	16.4	140.4	9.6	0.0	44.1	0.0	46.3	26.1	2.3
Stakeholder Relationship Management	1.5	11.6	6.0	0.0	0.2	0.0	37.5	0.0	3.2
Governance Services	0.5	8.7	4.7	0.0	2.1	0.3	50.2	0.8	1.5
Issuer Services	91.6	382.2	53.9	3.0	156.3	4.4	351.7	66.4	30.5
Corporate Trust	0.0	0.0	0.0	0.0	0.0	0.0	462.1	71.7	0.0
Employee Share Plans	17.9	213.5	67.9	54.9	0.0	0.0	29.7	14.8	17.0
Corporate & Other	59.2	3.9	71.3	-0.3	1.8	3.8	39.1	8.9	-0.0
Mortgage Services & Property Rental Services	0.0	0.0	64.7	0.0	0.0	0.0	0.0	0.0	0.0
Communication Services & Utilities	58.7	0.0	5.0	0.0	0.0	0.0	34.0	7.5	-0.0
Vouchers	0.0	0.0	0.6	0.0	0.0	0.0	0.0	0.0	0.0
TechnologyServices & Operations	0.5	3.9	0.9	-0.3	1.8	3.8	5.1	1.3	0.0
Total Revenue	168.7	599.7	193.1	57.7	158.1	8.1	882.6	161.8	47.5

Equatex Revenue of $71.0m has been split between Switzerland $68.7m, Norway $2.0m and Poland $0.3m. This revenue is classified as UCIA consistent with prior periods.

In addition, Switzerland includes revenue for Register Maintenance $3.7m.

USD M (at actual	rates)
Revenue		1H26
ANZ		116.4
Asia		77.0
UCIA		364.1
CEU		26.7
USA		882.6
Canada		116.7
Total Revenue	1,583.5
EBITDA		1H26
ANZ		23.8
Asia		40.3
UCIA		124.1
CEU		1.0
USA		351.0
Canada		64.6
Total EBITDA		604.9
EBIT		1H26
ANZ		19.0
Asia		38.7
UCIA		113.8
CEU		-0.3
USA		334.3
Canada		63.3
Total EBIT		568.8

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Revenue excluding acquisitions and disposals

USD M (at actual rates) 1H23 2H23 1H24 2H24 1H25 2H25	FY23 FY24 FY25 1H26
Management Revenue 1,510.6 1,705.3 1,611.7 1,697.8 1,507.6 1,612.6 Less acquisitions 324.8 0.0 2.8 22.2 16.0 10.4 Less disposals 70.7 132.2 236.9 150.9 7.5 13.8 Less Margin Income 243.2 408.7 395.7 385.0 394.2 364.3 Management Revenue excluding MI, acquisitions and disposals 872.0 1,164.4 976.4 1,139.6 1,089.8 1,224.1	3,215.9 3,309.5 3,120.2 1,583.5 324.8 25.0 26.4 12.9 203.0 387.8 21.3 4.0 651.9 780.7 758.5 371.7 2,036.3 2,116.0 2,313.9 1,195.0

Acquisitions: reflects first 12 months revenue contribution and disposals: reflects 12 months historical contribution prior to disposal.

Acquisitions: Solium Capital UK (1[st] Dec 23), Ingage IR Limited (31[st] Dec 24), CMi2i Limited (31[st] Dec 24), BNY Trust Company of Canada (4th Mar 25). Disposals: Bankruptcy and Class Actions business (1[st] May 23), US Mortgage Services business (1[st] May 24), CCS Germany (29[th] Aug 25).

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Cost out programs

$21.8m cost out benefit achieved in 1H26

$M Activity Total cost savings estimates	FY24A FY25A FY26E	FY26 change vs. last disclosure1	Total change vs. last disclosure1
Stage 1 Total 25 - 30 Stage 2 Total 60 - 70 Stage 3 Total 40 - 80 Stage 4 Total 40 - 55	28.1 28.1 28.1 66.2 66.2 66.2 61.1 61.1 61.1 43.1 43.1 43.1	► 0.0 ► 0.0 ► 0.0 ► 0.0	COMPLETE COMPLETE COMPLETE COMPLETE
Stage 5 Total 45 - 65	0.0 39.0 58.6	▼ (3.3)	▼ 3.3m
Total estimate 210 - 300	198.5 237.5 257.0	▼ (3.3)	▼ 3.3m
Equatex synergies 40 UK Mortgage Services 85-100	27.5 40.0 40.0 82.8 93.8 93.8	► 0.0 ▼ (3.0)	COMPLETE COMPLETE
CCT synergies 80	29.7 53.1 76.8	▼ (0.1)	▼0.1m
Total cost savings 415-520	338.5 424.5 467.6	▼ (6.4)	▼ 6.4m
Cost to achieve (post tax)2	441.0 537.0 611.9	▲ (3.0)	▲ 3.0m

Cost saves of $21.8m in 1H26 of which $16.5m is opex and $5.3m revenue synergies.

Cost out program for UK Mortgage Services is now complete.

We expect ongoing reduction in costs to achieve for future periods, with initial FY27 targets estimated at $46.1m (gross), Post tax $34.7m.

Notes:[1] Last disclosure at FY25 and includes cumulative benefits up to FY26.[2] Costs to achieve are cumulative.

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Other expenditure

Operating costs 1H23 2H23 1H24 2H24 1H25 2H25	FY23 FY24 FY25	1H26
Cost of Sales 183.6 187.2 182.0 202.4 162.0 198.3	370.8 384.3 360.3	175.7

Personnel 652.9 678.3 653.2 671.5 601.3 620.5	1,331.1 1,324.6 1,221.8	649.9
Occupancy 15.9 18.3 19.7 17.8 18.6 16.9	34.2 37.5 35.5	14.6
Other Direct 66.4 92.1 78.2 78.7 69.1 72.8	158.5 156.9 141.9	75.2
Computer/External Technology 51.7 53.6 57.1 62.2 57.9 58.9	105.3 119.3 116.8	63.2
Total Controllable Costs 786.8 842.3 808.2 830.2 746.9 769.1	1,629.1 1,638.3 1,516.0	803.0
Total Operating Expenditure 970.5 1,029.4 990.1 1,032.6 908.9 967.4	1,999.9 2,022.7 1,876.3	978.7

Note 1: Computer / external technology includes hardware, software licenses, network and voice costs, 3[rd] party vendor fees and data centre costs.

Technology Costs 1H23 2H23 1H24 2H24 1H25 2H25	FY23 FY24 FY25	1H26
Development 63.0 79.2 64.5 72.4 48.3 61.4	142.2 136.9 109.7	59.9
Infrastructure 59.7 60.3 63.3 68.0 63.0 72.4	120.0 131.3 135.3	68.3
Maintenance 25.6 30.3 21.8 20.6 19.1 28.1	56.0 42.3 47.2	30.6
Admin 9.7 13.5 12.2 14.4 11.7 13.4	23.2 26.6 25.1	13.5
Total Technology Costs 158.1 183.3 161.8 175.3 142.1 175.2	341.4 337.1 317.3	172.3
Technology costs as a % of revenue 10.5% 10.8% 10.0% 10.3% 9.4% 10.9%	10.6% 10.2% 10.2%	10.9%

Note 2: Technology costs include personnel, occupancy and other direct costs to technology services. No internal development cost is capitalised.

Capex breakdown 1H23 2H23 1H24 2H24 1H25 2H25	FY23 FY24 FY25	1H26
Information Technology 11.3 24.9 12.0 7.1 14.2 15.6	36.3 19.1 29.8	7.4
Communication Services Facilities 0.0 1.1 0.0 4.0 0.6 1.2	1.2 4.0 1.8	0.2
Occupancy 5.5 6.6 2.4 6.1 2.1 6.5	12.1 8.5 8.6	3.3
Other 0.4 0.0 0.9 3.9 5.3 1.3	0.4 4.9 6.6	1.3
Total Capex 17.2 32.7 15.3 21.2 22.2 24.7	49.9 36.5 46.8	12.2

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Margin Income returns

1H26 Margin Income is $375.5 ($372.9m in constant currency)

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Margin Income Average Balances and Yields
45.0 6.00%
40.0
5.00%
35.0
30.0 4.00%
25.0
3.00%
20.0
15.0 2.00%
10.0
1.00%
5.0
- 0.00%
1H18 2H18 1H19 2H19 1H20 2H20 1H21 2H21 1H22 2H22 1H23 2H23 1H24 2H24 1H25 2H25 1H26
Avg Balances ($bn) CPU Yield Fed Effective
1H18 2H18 1H19 2H19 1H20 2H20 1H21 2H21 1H22 2H22 1H23 2H23 1H24 2H24 1H25 2H25 1H26
At Actual Rates
MI ($m) 79.6 99.9 125.2 121.2 116.0 83.4 55.5 51.5 62.1 125.0 344.1 431.3 430.8 405.8 394.2 366.9 375.5
----- End of picture text -----

Central Bank Rate Changes (July 2023 to December 2025)*

US: 26 Jul 23 +0.25%, 19 Sep 24 -0.50%, 7 Nov 24 -0.25%, 18 Dec 24 -0.25%, 17 Sep 25 -0.25%, 29 Oct 25 -0.25%, 10 Dec 25 -0.25% UK: 3 Aug 23 +0.25%, 1 Aug 24 -0.25%, 7 Nov 24 -0.25%, 6 Feb 25 -0.25%, 8 May 25 -0.25%, 7 Aug 25 -0.25%, 18 Dec -0,25%

CA: 12 Jul 23 +0.25%, 5 Jun 24 -0.25%, 24 Jul 24 -0.25%, 4 Sep 24 -0.25%, 23 Oct 24 -0.50%, 11 Dec 24 -0.50%, 29 Jan 25 -0.25%, 12 Mar 25 -0.25%, 17 Sep 25 -0.25%, 29 Oct 25 -0.25% AU: 7 Nov 23 +0.25%, 18 Feb 25 -0.25%, 20 May 25 -0.25%, 12 Aug 25 -0.25%

Source: Bloomberg

			Total Group	Total Group
		1H25	2H25	1H26
Margin Income	$m	394.2	366.9	375.5
Avgbalances - Total	$bn	30.2	29.6	30.9
Total MIyield	%	2.61%	2.48%	2.43%
MMF fee revenue	$m	26.8	29.1	30.3
MMF avgbalances	$bn	54.0	55.2	58.9
MMFyield	%	0.10%	0.11%	0.10%

Margin Income and Balances translated at Actual fx rates. 1H26 Margin Income in constant currency is $372.9m.

MI yield reflects the Margin Income generated from the cash balances only (exposed and non-exposed). Money market fund (MMF) fees are classified as fee revenue and included in EBIT excluding Margin Income.

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Breakdown of average client balances

Legacy CCT Total	Legacy CCT Total	Legacy CCT Total
1H25 Actual	2H25 Actual	1H26 Actual
14.3 15.9 30.2	13.7 15.9 29.6	14.7 16.2 30.9
2.8 1.6 4.3 1.8 3.8 5.5 0.1 0.0 0.1 0.5 0.0 0.5 1.8 0.0 1.8 2.2 5.3 7.5	2.6 1.5 4.1 1.8 4.0 5.8 0.1 0.0 0.1 0.5 0.0 0.5 1.8 0.0 1.8 2.0 5.6 7.6	1.2 1.5 2.7 1.8 4.3 6.1 0.0 0.0 0.0 0.5 0.0 0.5 0.4 0.0 0.4 2.1 5.8 7.9
4.6 5.3 9.9	4.4 5.6 9.9	3.0 5.8 8.8
0.3 0.0 0.3 1.8 0.0 1.8 0.3 0.0 0.3 1.2 3.9 5.2 0.7 0.7 1.4	0.2 0.0 0.2 1.5 0.0 1.5 0.4 0.1 0.5 1.5 3.4 4.9 0.7 0.5 1.2	0.4 0.0 0.4 1.6 0.0 1.6 1.7 0.2 1.9 1.3 3.9 5.2 0.8 0.4 1.2
4.3 4.6 9.0	4.3 4.0 8.3	5.9 4.5 10.4

5.4 6.0 11.4	5.1 6.3 11.4	5.7 6.0 11.7

Other includes CHF, DKK, EUR, HKD, NOK, NZD, ZAR, SEK.

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Breakdown of Margin Income

Legacy CCT Total	Legacy CCT Total	Legacy CCT Total
1H25 Actual	2H25 Actual	1H26 Actual
197.8 196.4 394.2	192.1 174.8 366.9	188.4 187.1 375.5
39.4 25.3 64.7 29.0 61.6 90.6 1.1 0.0 1.1 9.5 0.0 9.5 21.3 0.0 21.3 36.5 86.9 123.4	36.7 27.4 64.1 30.1 65.6 95.7 0.9 0.0 0.9 9.3 0.0 9.3 22.5 0.0 22.5 33.9 93.0 126.9	20.9 27.9 48.8 31.4 70.5 101.9 0.6 0.0 0.6 9.7 0.0 9.7 5.3 0.0 5.3 35.5 98.4 133.9
68.4 86.9 155.3	66.6 93.0 159.6	51.3 98.4 149.7
4.8 0.0 4.8 29.6 0.0 29.6 6.5 0.0 6.5 22.7 97.5 120.2 3.1 8.9 12.0	5.3 0.0 5.3 21.8 0.0 21.8 7.3 0.9 8.2 32.0 75.1 107.1 11.2 4.8 16.0	7.1 0.0 7.1 24.8 0.0 24.8 29.5 3.2 32.7 23.0 82.9 105.9 6.7 2.0 8.7
66.7 106.4 173.1	77.6 80.8 158.4	91.1 88.1 179.2

62.7 3.1 65.8	47.9 1.0 48.9	46.0 0.6 46.6

2.77% 2.46% 2.61%	2.80% 2.21% 2.48%	2.56% 2.31% 2.42%
3.02% 3.25% 3.15%	3.04% 3.35% 3.21%	3.28% 3.41% 3.40%
3.05% 4.62% 3.86%	3.68% 4.00% 3.81%	3.12% 3.88% 3.44%
2.34% 0.10% 1.16%	1.87% 0.03% 0.86%	1.60% 0.02% 0.78%

Other includes CHF, EUR, HKD, NZD, and ZAR.

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Exposed and non-exposed average balances by business

	1H25 Balances	1H25 Balances	Margin	2H25 Balances	2H25 Balances	Margin	1H26 Balances	1H26 Balances	Margin
	(USD bn)		Income	(USD bn)		Income	(USD bn)		Income
	Exp + Hedge	Non-Exp	(USD m)	Exp + Hedge	Non-Exp	(USD m)	Exp + Hedge	Non-Exp	(USD m)
Register Maintenance	3.5	0.8	70.0	3.6	0.8	71.4	4.0	0.4	65.3
Corporate Actions	2.3	0.5	47.7	2.1	0.1	47.2	2.3	0.5	44.5
Issuer Services	5.8	1.3	117.7	5.7	0.9	118.6	6.2	0.8	109.8
US Corporate Trust	9.9	6.0	196.4	9.6	6.3	174.9	10.3	6.0	187.1
Canada Corporate Trust	1.4	1.9	23.8	1.0	1.7	20.6	1.2	1.8	24.7
Corporate Trust	11.3	7.9	220.2	10.6	8.0	195.5	11.5	7.8	211.9
Employee Share Plans	0.8	0.8	26.7	0.9	1.1	23.5	1.4	0.8	23.6
Voucher Services	0.0	0.0	0.1	0.0	0.0	0.1	0.0	0.0	0.0
Mortgage Services & Property Rental Services	0.9	1.4	29.5	0.9	1.4	29.2	0.0	2.3	30.2
Corporate and Other	0.9	1.4	29.6	0.9	1.4	29.3	0.0	2.3	30.2
Totals	18.8bn	11.4bn	394.2m	18.2bn	11.4bn	366.9m	19.2bn	11.7bn	375.5m
Total average balances	30.2bn			29.6bn			30.9bn

1H25 balances have been restated for business unit amendment. Total balances and total exposure are unchanged.

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Protecting Margin Income across the interest rate cycle

46% of exposed balances hedged in 1H26; $2.1bn of Margin Income locked in irrespective of interest rate movements

Total Hedged Margin Income ($m)

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----- Start of picture text -----

Total client balances ($bn)
100 70%
89.8
90 82.9 84.2 84.7
81.2 60%
80 $0.2bn 73.6 75.9
70 50%
60 44.1 53.4 54.0 55.2 58.9 40%
42.7 47.1
50
30%
40
30 17.7 20%
20 $1.2bn 15.7 14.1 15.2 16.0 15.9 16.3
10%
10 19.4
15.2 14.7 14.3 14.2 13.7 14.6
0 0%
1H23 2H23 1H24 2H24 1H25 2H25 1H26
Average Client Balances - Legacy Average Client Balances - CCT
Average MMF
Hedge Book as a % of Avg Exposed Balances
----- End of picture text -----

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600 3.80%
76% of total hedged Margin Income ($1.5bn) to be delivered in next 5
years. Replacement of run-off increases it to ($1.6bn)
3.70%
500
$470m
3.60%
400
3.50%
5
300 17 52 30
52 63
52 3.40%
52
200 $1.7bn
3.30%
298 287
258
233
100 199
3.20%
0 3.10%
Total Hedge MI FY26 FY27 FY28 FY29 FY30
FY26 - FY35
MI - Existing hedge book at 30 June 25 MI - New trades executed YTD FY26
Notional replacement of run-off/planned activity Existing Hedge Book Yield
----- End of picture text -----

FY23 through FY25 translated at actual rates. FY26 and beyond are translated at the FY25 average FX rate.
Client balances: 2H23 includes 4 months for KCC and 2H24 includes 4 months for US Mortgage Services.
US Mortgage Services Balances: 1H23 $1.8bn, 2H23 $1.8bn, 1H24 $1.9bn, 2H24 $1.1bn.
Replacement of run off is for illustrative purposes only. Our strategy is to replace maturing trades with new hedges. New trades in FY26 were executed in January 2026.
WAL (Weighted Average Life) of the hedge book – 5.05 years at 31 December 2025 compared to 5.29 years at 30 June 2025.

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Profile of our existing swap, fixed, and floating term book

Hedged balances($bn)	2H26	1H27	2H27	1H28	2H28	1H29	2H29	1H30	2H30	1H31	2H31	1H32	2H32	1H33	2H33	1H34	2H34	1H35	2H35
By Profile	8.8	8.7	8.3	7.7	7.5	7.1	6.6	6.2	5.7	4.9	4.2	3.8	3.6	2.4	2.2	1.5	0.8	0.5	0.1
Fixed rate term balances	2.8	2.9	2.6	2.3	2.2	2.1	1.8	1.6	1.4	1.2	0.5	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Fixed rate swaps	6.0	5.8	5.7	5.4	5.3	5.0	4.8	4.6	4.3	3.8	3.8	3.7	3.6	2.4	2.2	1.5	0.8	0.5	0.1
Split by Currency	8.8	8.7	8.3	7.7	7.5	7.1	6.6	6.2	5.7	4.9	4.2	3.8	3.6	2.4	2.2	1.5	0.8	0.5	0.1
AUD	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
CAD	0.5	0.5	0.3	0.2	0.2	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
GBP	0.4	0.4	0.4	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
USD	7.8	7.8	7.6	7.4	7.3	7.0	6.5	6.1	5.7	4.9	4.2	3.8	3.6	2.4	2.2	1.5	0.8	0.5	0.1
Average Weighted Hedged Yield	3.37%	3.35%	3.37%	3.34%	3.32%	3.29%	3.29%	3.27%	3.23%	3.19%	3.20%	3.20%	3.21%	3.43%	3.50%	3.54%	3.72%	3.76%	3.85%
Exposed balances($bn)	2H26	1H27	2H27	1H28	2H28	1H29	2H29	1H30	2H30	1H31	2H31	1H32	2H32	1H33	2H33	1H34	2H34	1H35	2H35
By Profile	1.0	0.4	0.2	0.2	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Term balances	1.0	0.4	0.2	0.2	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Split by Currency	1.0	0.4	0.2	0.2	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
AUD	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
CAD	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
GBP	0.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
USD	0.8	0.4	0.2	0.2	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0

Figures represent average notional balances for each half as at 31 December 2025.
CPU manages client balances in line with internal policies around counterparty credit risk, concentration of deposit risk and minimum levels of hedging.
Replacement/additional fixed rate deposits/swaps will continue to be implemented throughout FY26 and beyond.

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Interest rate assumptions and sensitivities on annualised MI

A 3% interest rate environment is expected to generate $690m in annual MI, assuming FY26E client balance profile

Rate Sensitivity on FY26E Balances

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----- Start of picture text -----

1,000 929
881
900 834
786
800 730 738
690
700 642
526 478 583
600 430 383
327 335
287
239
500 191
400
300
315 315 315 315 315 315 315 315 315
200
100
88 88 88 88 88 88 88 88 77
-
FY26E 5.5% 5% Rates 4.5% 4% Rates 3.5% 3% Rates 2.5% 2.0%
Rates Rates Rates Rates Rates
Margin Income ($m)
----- End of picture text -----

	USD AUD GBP	Cash rate FY26 Q1* 4.29% 3.68% 4.07%	assumptions FY26 Q2* 3.90% 3.60% 3.93%	for FY26 guidance FY26 Q3 FY26 Q4** 3.62% 3.52% 3.65% 3.77% 3.75% 3.57%	for FY26 guidance FY26 Q3 FY26 Q4** 3.62% 3.52% 3.65% 3.77% 3.75% 3.57%	Average 3.83% 3.68% 3.83%
	CAD	2.71%	2.33%	2.25%	2.26%	2.39%
	Weighted Avg	3.80%	3.49%	3.31%	3.22%	3.45%

Non Exposed Hedged Exposed

Quarterly average of daily market implied rates. Source: Bloomberg – World Interest Rate Probability at 9[th] February 2026.

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Debt Facilities Maturity Profile and Composition – 31 December 2025

Composition of drawn debt facilities

Maturity Profile

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----- Start of picture text -----

• Diverse sources of debt now in the
portfolio with public and private bonds
combined with Bank facilities
27%
• Average debt facility maturity is 3.6
1000 yrs. Drawn debt maturity is 4.2yrs
• Total debt drawn – 0% fixed and 100% $1,576.9m 51%
900
Undrawn Bank Facilities: $774m floating; The currency composition is
86% USD and 14% GBP
800 22%
• Average cost of debt for 1H26 is 5.51%
700 (PCP 7.24%)
600
224.1
500
400
300 584.3
550.0
200 425.9
350.0
100 216.8
0
FY26 FY27 FY28 FY29 FY30 FY31 FY32
USPP Drawn Bank Debt Undrawn Bank Debt Debt Capital Markets
USD Million
----- End of picture text -----*

New methodology adopted since 1H25. (1H26 interest expense / Total debt (average of open (Jun-25) and close position (Dec-25)).

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Balance sheet

At actual rates		1H23	FY23	1H24	FY24	1H25	FY25	1H26
		Dec	Jun	Dec	Jun	Dec	Jun	Dec
Current Assets	USD M	2,081.0	2,173.4	2,955.7	1,987.2	1,938.9	2,066.4	1,964.8
Non Current Assets	USD M	4,131.3	3,972.9	3,225.8	3,131.4	3,109.4	3,269.0	3,139.1
Total Assets	USD M	6,212.4	6,146.4	6,181.5	5,118.6	5,048.3	5,335.4	5,103.9
Current Liabilities	USD M	792.2	1,292.4	1,260.8	675.4	1,285.0	941.3	707.1
Non Current Liabilities	USD M	3,344.2	2,713.0	2,808.1	2,494.7	1,842.5	2,240.1	2,149.8
Total Liabilities	USD M	4,136.4	4,005.4	4,068.9	3,170.0	3,127.5	3,181.3	2,856.9
Total Equity	USD M	2,075.9	2,141.0	2,112.6	1,948.6	1,920.8	2,154.1	2,247.0

Net debt including non-recourse SLS Advance debt	USD M	1,465.6	1,216.2	1,310.7	461.4	494.9	527.6	377.4
Net debt to EBITDA ratio	Times	1.55	1.00	1.01	0.36	0.39	0.42	0.30
Net debt excluding non-recourse SLS Advance debt	USD M	1,258.2	1,029.9	1,105.1	461.4	494.9	527.6	377.4
Net debt to EBITDA ratio excluding non-recourse SLS Advance debt	Times	1.33	0.85	0.85	0.36	0.39	0.42	0.30
EBITDA Interest Coverage ratio	Times	10.1	9.1	7.3	7.9	10.1	10.7	11.3

ROE1	%	22.3%	30.1%	34.1%	34.7%	37.8%	38.7%	38.7%
ROIC2	%	15.5%	22.7%	25.3%	30.2%	31.9%	35.8%	36.1%

1 Return on equity (ROE) = rolling 12 month Mgt NPAT / Equity*

2 Return on invested capital (ROIC) = (Mgt EBITDA less depreciation and amortization less income tax expense) / (net debt + total equity)

*Includes the average of the opening and closing position.

Cash classified as an “asset held for sale” is included in the net debt calculation in 1H26 ($27.6m), FY25 ($0.3m) and 1H24 ($104.4m).

1H26 net debt calculation of $377.4m is 100% floating rate debt (1H25: $494.9m).

Non-recourse SLS advance debt disposed of as part of sale of US MS completed on 1 May 2024.

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Cash flow summary

USD M(at actual rates)	1H23	FY23	1H24	FY24	1H25	FY25	1H26
Net operatingreceipts andpayments	377.4	914.2	543.2	1,020.9	512.2	1,096.0	485.4
Net interest and dividends	-49.1	-109.5	-65.2	-113.6	-40.4	-79.4	-33.8
Income taxespaid	-80.8	-181.0	-108.1	-176.2	-117.6	-192.9	-114.7
Net operating cash flows excluding SLS advances	247.5	623.7	369.9	731.1	354.2	823.7	336.9

Cash outlayon business capital expenditure	-17.2	-41.9	-17.2	-42.8	-25.2	-43.6	-15.6

Net cash outlayon MSRpurchases*	-102.0	-70.6	-56.5	-76.0	0.0	0.0	0.0

Free cash flow excluding SLS advances	128.3	511.1	296.3	612.3	329.1	780.1	321.3

SLS advance fundingrequirements1	-57.9	-27.7	-28.2	1.9	0.0	0.0	0.0

Cash flowpost SLS advance funding1	70.4	483.5	268.1	614.2	329.1	780.1	321.3

Investing cash flows
Acquisitions(net of cash acquired)	-0.3	-9.6	-36.0	-37.1	-56.0	-120.9	0.5
Disposal of Kurtzman Carson Consultants		39.2				3.8	55.8
Disposal of US Mortgage Services and CMC Funding		4.2		577.8		26.8
Disposal of CCS Germany							5.6
Other	2.5	3.0	10.2	10.2	2.2	1.5	-2.5
Total investing cash flows	2.2	36.8	-25.8	550.9	-53.8	-88.8	59.3

Net operating and investing cash flows	72.6	520.3	242.3	1,165.1	275.2	691.3	380.6

1 Net operating and financing cash flows.

*Net cash outlay on MSR purchases discontinued with the sale of US MS, completed on 1 May 2024.

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Exchange rates

Currency	1H23	FY23	1H24	FY24	1H25	FY25	1H26
USD	1.0000	1.0000	1.0000	1.0000	1.0000	1.0000	1.0000
AUD	1.4895	1.4872	1.5309	1.5250	1.5130	1.5441	1.5260
HKD	7.8423	7.8386	7.8190	7.8190	7.7870	7.7897	7.7989
NZD	1.6506	1.6270	1.6539	1.6481	1.6635	1.6923	1.7149
INR	80.6575	81.4939	82.9649	83.0972	84.1159	85.0896	88.1827
CAD	1.3278	1.3408	1.3509	1.3545	1.3812	1.3948	1.3858
GBP	0.8502	0.8319	0.7974	0.7939	0.7746	0.7725	0.7468
EUR	0.9880	0.9571	0.9242	0.9246	0.9238	0.9191	0.8574
ZAR	17.1471	17.6191	18.6898	18.7048	17.9406	18.1584	17.3671
RUB	59.2694	67.8286	93.4421	92.1030	94.4223	90.2862	80.2080
DKK	7.3497	7.1225	6.8905	6.8945	6.8912	6.8568	6.4015
SEK	10.6446	10.5526	10.7236	10.6293	10.5964	10.3605	9.4594
CHF	0.9683	0.9423	0.8848	0.8870	0.8715	0.8661	0.7997

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Important notice

› Summary information: This announcement contains summary information about Computershare and its activities current as at the date of this announcement.
› This announcement is for information purposes only and is not a prospectus or product disclosure statement, financial product or investment advice or a recommendation to acquire Computershare’s shares or other securities. It has been prepared without taking into account the objectives, financial situation or needs of a particular investor or a potential investor. Before making an investment decision, a prospective investor should consider the appropriateness of this information having regard to his or her own objectives, financial situation and needs and seek specialist professional advice.
› Financial data: Management results are used, along with other measures, to assess operating business performance. The company believes that exclusion of certain items permits better analysis of the Group’s performance on a comparative basis and provides a better measure of underlying operating performance.
› Management adjustments are made on the same basis as in prior years.
› The non-IFRS financial information contained within this document has not been reviewed or audited in accordance with Australian Auditing Standards.
› All amounts are in United States dollars, unless otherwise stated.
› Past performance: Computershare’s past performance, including past share price performance and financial information given in this announcement is given for illustrative purposes only and does not give an indication or guarantee of future performance.
› Future performance and forward-looking statements
› This announcement may contain forward-looking statements regarding Computershare’s intent, belief or current expectations with respect to Computershare’s business and operations, market conditions, results of operations and financial condition, specific provisions and risk management practices.
› When used in this announcement, the words ‘may’, ‘will’, ‘expect’, ‘intend’, ‘plan’, ‘estimate’, ‘anticipate’, ‘believe’, ‘continue’, ‘should’, ‘could’, ‘objectives’, ‘outlook’, ‘guidance’ and similar expressions, are intended to identify forward-looking statements. Indications of, and guidance on, plans, strategies, management objectives, sales, future earnings and financial performance are also forward-looking statements.
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› Actual results, performance or achievements may differ materially from those expressed or implied in such statements and any projections and assumptions on which these statements are based. Computershare makes no representation or undertaking that it will update or revise such statements.
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COMPUTERSHARE LIMITED. — Interim / Quarterly Report 2026

64696_rns_2026-02-09_abeba0c2-05cb-4dad-bac8-b297ba96555c.pdf

1H26 Half year results

Key messages

1H26 Results

Long term track record – business performance

Computershare’s natural hedge – mitigating the impact of lower rates

Net effect of lower interest rates in 1H26 was $8m, 1.5% of PBT

Key factors

1H26 Margin Income

Margin Income resilient, down ~5%. Balances up ~2% and recapture rate increased to 95%

MI Result

1H26 Average Balances Bridge ($bn)

1H26 Margin Income Bridge ($m)

Capital light. Cash generative. Increasing dividends

Balance sheet strength funds growth, investments and dividends

FY26 Outlook – guidance upgraded

Management EPS up around 6% - ongoing earnings growth in a lower interest rate environment

Margin Income, yields and average client balances

FY26 MI upgraded to be ~$730m, as lower rates stimulate balance growth

FY26 MI sensitivity

1H26 Management results summary

EBIT ex MI +12.0%, margin expansion continues, up 70bps

1H26 Management EPS

Management EPS up 3.9%

Cost analysis

BAU Opex +2.6% vs. PCP. Below the line costs -30% in 1H26

Below the line costs

Operating expenses

Highlights:

Investments:

2H26 Management EPS bridge

Management EPS up 8.8% vs. PCP

Computershare investment case

High quality, capital light business with long term growth track record

Group Revenue (USD M)

EBIT Margin (%)

Appendix

Appendices

Constant Currency Analysis

Analysis at actual fx rates

Analysis at actual fx rates (continued)

1H26 Management results – constant currency and actual rates

Revenue, Margin Income, EBITDA and EBIT – constant currency

Computershare’s integrated business model

Improving mix of revenues to higher quality recurring client fees

Issuer Services

Growth across all business lines, with recovery in some Corporate Actions

Issuer Services revenue ($m)

Corporate Trust

Strong growth in fee revenues driven by increased issuance across all product lines

CCT Cost Synergy Plan – Cumulative Benefits ($m)

Mandates under Management (MUM) vs. Mandates won

Total revenue breakdown ($m)

Employee Share Plans

Performance underpinned by tailwind of increased use of equity in renumeration

Actual FX rate analysis

Key Financial Indicators

Computershare Profit & Loss

Statutory results

Management adjustment items

Issuer Services profit and loss

Corporate Trust profit and loss

Employee Share Plans profit and loss

Corporate & Other profit and loss – new divisional reporting explained

Mortgage Services & Property Rental Services profit and loss

Communication Services & Utilities profit and loss

Voucher Services profit and loss

Technology Services & Operations profit and loss

Revenue definitions

Revenue definitions:

Revenue by Country (USD and Local Currency)

Revenue excluding acquisitions and disposals

Cost out programs

$21.8m cost out benefit achieved in 1H26

Other expenditure

Margin Income returns

1H26 Margin Income is $375.5 ($372.9m in constant currency)

Central Bank Rate Changes (July 2023 to December 2025)*

COMPUTERSHARE LIMITED. Interim / Quarterly Report 2026