Peet Limited

Today, Peet is pleased to provide earnings guidance for the financial year ending 30 June 2026, reflecting the Company’s strong year-to-date operational performance, robust market fundamentals, and disciplined strategic execution. We expect FY26 Net Profit After Tax to be in the range of $74 million to $78 million, representing anticipated earnings growth of approximately 26% - 34% over FY25, subject to a continuation of current market conditions and the timing of settlements. Underpinned by favourable market conditions, the expected FY26 result reflects Peet's operational execution and strategic positioning, and the strong performance across our WA and QLD portfolios.

💬 "The reason we do all these things... is to make sure that when people come in to a community... that they feel welcome." - Troy Thompson, Peet. For more than 130 years, Peet has been dedicated to creating thriving communities founded on a genuine sense of belonging. This episode of our People of Peet series spotlights how we invest early in quality amenities and community events, helping residents feel welcome and build life-long connections. Through partnerships like the Perth Scorchers, we bring neighbours together with fan days and cricket workshops. Our Community Development team works alongside residents to deliver community-driven projects shaped by local ideas and feedback, helping to create welcoming spaces for everyone. 🎥 We invite you to watch now to see how, together with our teams and residents, we’re continuing Peet’s legacy of building belonging in communities across Australia. #PeopleOfPeet #Peet130Years #PropertyDevelopment #CommunityBuilding #AustralianCommunities

The power of community and collective action was on display this October, as our employees and local groups from Flagstone, QLD and Lakelands Estate, WA stepped up for better mental health by participating in One Foot Forward. Congratulations to the 120 participants from Flagstone Community Association, Flagstone Run Club, Lovable Lakelands, and Peet teams who together logged 25,476 kilometres and raised over $20,014 to support crucial mental health research, services, and programs for those who need it most. Thank you to everyone who participated, cheered or donated. We’re proud to partner with Black Dog Institute to support initiatives that that support better mental health and wellbeing across our communities and workplaces. #onefootforward #whereyoubelong #community #mentalhealth

We are pleased to announce that Riverbank has been recognised at the 2025 UDIA Queensland Awards for Excellence, where the project was honoured with the Residential Subdivision Award and named a finalist for Project of the Year.   Located in the heart of Caboolture South, Riverbank Estate features over 60 hectares of open space, parklands, and walking trails along the Caboolture River. The community is designed to foster active lifestyles and strong social connections, all within easy reach of schools, shops, and transport. Riverbank is more than just a place to live, it’s a vibrant, connected community brought to life by an incredible team. This award is a testament to the vision and dedication behind this project.   Congratulations to our team, consultants, and partners for creating an award-winning community that residents are proud to call home.   Allie Sharpe Mark Chappell Patrick Bell Brent Tathem April Jones Rianna Tedman-Jones Jonathon Lawson

💬 “Peet has helped me see where my potential lies and has helped me grow into all of those roles.” Bianca D’Cruz, Peet. Want to know the secret to 130 years of success? It’s simple, investing in the best people! We’re so fortunate to have some of the best talent, expertise, and passion in property within our Peet family. In Episode 4 of our People of Peet series, we shine a light on the career journeys of our colleagues. They discuss the mentorship and growth opportunities available to help them grow within the company, and the flexible and supportive working environment we create to help them work to their fullest potential. 🎥 Watch now to learn more about the team's career journeys at Peet and their achievements that are helping shape our growing legacy of building communities across Australia. #PeopleOfPeet #Peet130Years #PropertyDevelopment #CommunityBuilding #AustralianCommunities

We are pleased to announce that Brabham Estate, developed in partnership with DevelopmentWA, has been awarded the 2025 Urban Development Institute of Australia (WA) Award for Excellence in Sustainability.   Brabham showcases what large-scale residential developments can achieve in environmental excellence while maintaining affordability and liveability.   Congratulations to our team, DevelopmentWA, and consultants for creating a vibrant, connected, and future-focused community that residents are proud to call home.

💬 For a 130 year legacy built on trust and stability, it's the relationships with our partners and the unwavering commitment of our team that are at the heart of our success. Episode 3 of our People of Peet series showcases our trusted partners and our team whose expertise, commitment, and passion are essential to building thriving communities. It's a story of navigating challenges with a shared vision and a commitment to getting the best outcome. 🤝 Hear about the pride of transforming places into neighbourhoods and the joy of working with people who feel like friends. 🎥 Watch now and hear their stories. #PeopleOfPeet #Peet130Years #PropertyDevelopment #CommunityBuilding

This week, our national team came together for R U OK? Day with our valued partners in Black Dog Institute and the Perth Scorchers to discuss how we can better support each other’s mental health and wellbeing. 💛 Led by David Rossetto, Senior Industry Advisor and Engagement Manager at Black Dog Institute, the conversation with Scorchers players Joel Paris, Matt Kelly and Sam Fanning and Player Development Manager Scott Hancock highlighted the vital role of organisational culture in creating safe and inclusive environments. The discussion explored the importance of fostering genuine conversations about mental health, building sustainable support systems in the workplace, and taking the time to regularly check in with colleagues, friends, and family. Some of the key insights included: 🟡While setbacks are inevitable, having a strong support network at work and home, and being able to have open conversations with them, makes it easier to navigate through the tough times. 🟡Visualisation and preparation can help manage stress and anxiety by creating familiarity with a situation, whether that be performing on the field or presenting in a meeting. 🟡When asking someone if they’re ok, choose the right setting and take the time to really listen. 🟡Checking in with one another and being open and vulnerable can lead to shared experiences and meaningful learning. We are proud to partner with such great organisations that are dedicated to making a meaningful impact in the mental health and wellbeing space, and to provide our team with ongoing support through these initiatives. 💛 #RUOKDay #mentalhealth #workplacewellbeing

💬“I think Peet isn’t better because it’s old. It’s old because it’s better.” - Avril Thomson, Cossill & Webley. Episode 2 of our People of Peet series unpacks the real stories behind our 130-year legacy. Our team and long-term partners talk about Peet’s impact and growth over the years, how we continue to evolve and with every decision we make, we put people first. Hear about the pride of transforming places into neighbourhoods, the respect and restoration of local history, and the joy of watching generations of Australians create lasting memories and new beginnings! 🏡 We’re proud to be a team that’s built on many voices, with a legacy that’s helping to shape the future of Australian living. 🎥 Watch now. #PeopleOfPeet #Peet130Years #CommunityBuilding

Today Peet announced its financial results for FY25, delivering a strong result with positive momentum for FY26. Key highlights include: ✅ Net operating profit of $58.5 million, a 60% increase on FY24 ✅ EBITDA margin of 24%, up 3% on FY24 ✅ 2,768 lots sold and 2,642 lots settled during the year ✅ Contracts on hand as at 30 June 2025 valued at $612 million "FY25 has been a positive year for Peet, with strong earnings growth, margin uplift and higher returns to shareholders. The result is undoubtedly supported by the current favourable market conditions, combined with our disciplined approach, robust pipeline and high land bank activation. “Peet’s strategic approach to property development – including our ‘invest, expand, maintain and create value’ pillars – positions the Company well to capture demand in our key markets and continue to deliver sustainable growth in FY26,” said Brett Fullarton, Interim Chief Executive Officer. Read our results presentation below.