NZX (NZX) AGM 2025 Presentation summary

Strategic overview and board priorities

• Focus on growing, connecting, and creating value, with a vision of delivering sustainable wealth and opportunities for all.

• Board priorities include capital markets development, leveraging global partnerships, and driving operational scale and efficiency.

• Key 2025 KPIs target $16.0b capital listed/raised, $41.5b value traded, and 10.8% growth in Smart funds under management.

• Board composition includes experienced directors with expertise in finance, technology, and governance.

Financial and business performance

• 2024 operating earnings rose 21% to $48.5m, with net profit after tax at $25.5m and EPS at 7.8 cps.

• Capital listed and raised increased 11.6% to $15.8b; value traded up 22.9% to $41.5b.

• Funds under management reached $13.5b, up 22.6%; funds under administration grew 40.4% to $16.2b.

• Dividend for FY2024 was 6.1 cps, with the dividend reinvestment plan suspended.

Market and product development

• New products launched, including NZX Dark and new ETFs via partnership with iShares by BlackRock.

• Dairy derivatives market saw 15.3% growth in lots traded, with record monthly volume in May 2024.

• Information services revenue grew at a 5.8% CAGR over five years, with increased audit and licensing revenue.