Announcement PDF Harmoney Corp Limited ASX SMIDcaps Conference Investor Presentation ASX : HMY HarmoneyCorpLimited ASXSMIDcapsConference Investor Presentation ASX:HMY David Stevens CEO and Managing Director All values are in $AUD unless stated otherwise HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 1 Contents Contents HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 2 1. About us 2. Recent 1H26 Financial Results 3. FY26 Profit Guidance 4. Outlook 5. Appendix About us HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 3 What sets Harmoney apart Loans up to $100,000, average $18,000 Personalised pricing 5.76% - 24.99% One establishment fee, no other fees Up to 7 year loan terms Secured and unsecured options Disbursals within minutes Fair, simple, personal loan Fair, simple, personal loan ● AU & NZ’s largest 100% consumer-direct online lender ● Market opportunity >$150bn, current market share <1% ● Our algorithms partner with Google’s to attract prime customers at low cost and our great customer experience sees them returning at near zero cost ● Deep first party data and AI models deliver prime loan book and 6.4% Risk Adjusted Income1 ● Funded by 3 of the “Big-4” Australian banks, plus public securitisations ● Stellare® automation drives a low cost to income, 19% in 1H26 ● Cash return on equity of 31% in 1H26 Consumer-direct lending, data driven automation Typical uses: Debt consolidation, home renovations, cars, weddings and other life events, education and travel. 8 HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 1. Risk adjusted income (RAI) is income after funding costs and actual credit losses. 4 ook - demographic consistency across the years $857m Loan Book - demographic consistency across the years Loan purpose Region Employment status HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 5 24 30% Management/Board owned, plus 10% shareholder aligned long term incentive plan 30% Management/Board owned, plus 10%shareholder aligned long term incentive plan HMY Shareholder Composition Long term incentive share plan ● New LTI plan approved at December 2025 AGM. ● Targets are based on shareholder-aligned Earnings per Share (EPS) growth and Total Shareholder Return (TSR) over next 3 years. ● EPS full vesting requires 25% CAGR EPS growth from FY26 base of $13.5m Cash NPAT1. ● TSR full vesting requires HMY to be in the top 25% of the ASX Small Ordinaries Index. Board & management HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 Institutional & retail investors HMY Shareholders 1. EPS target is 25% annualised growth on FY26 Cash EPS of $0.1298, which is equivalent to Cash NPAT of $13.5m at current issued number of shares. 6 Recent 1H26 Highlights HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 7 1H26 Highlights 1H26 Highlights vs 1H25(pcp) 10.3% Portfolio NIM Sustained new lending NIM >10% drove 1H26 total loan book NIM to 10.3%, up 130bps. Exceptional funding for growth In December 2025 refinanced corporate debt to “Big-4” bank. Existing warehouse facilities from 3 of the “Big-4” banks, total capacity ~$1bn. Unrestricted cash $24m, after $7.5m repayment of corporate debt. $6.1m Cash NPAT 1H26 also surpassed full year FY25 Cash NPAT of $5.7m, and represented 166% growth. $6.1m Statutory NPAT 1H26 surpassed full year FY25 Statutory NPAT of $5.5m, growth 202%. Lending &book growth Group loan book growth +9%. Australian book growth +17%. New Zealand book returned to growth +5% NZD, with originations up 49% following Stellare® 2.0. deployment in June 2025. 31%Cash RoE Achieved 31% cash return on equity up from 13%, a 138% increase. Stable credit losses Credit losses 3.9%, up slightly from 3.7%. 90+ day arrears 0.58%, down from 0.64%. 19%Cost to income Automation drives enviable cost efficiency and increasing profitability as the loan book continues to grow. HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 8 FY26 Profit guidance HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 9 FY26 Guidance: Cash NPAT $13m, 128% increase on pcp Upgraded by $1m (8%) FY26 Guidance: Cash NPAT $13m,128%increase on pcp Upgraded by $1m(8%) FY26 Guidance: $13m Cash NPAT ● Stellare® 2.0 driving year end loan book to $900m+ ● Net interest margin: ~10% ● Risk adjusted income: ~6% ● Cash NPAT: $13m (previous guidance $12m) Cash NPAT 331% CAGR HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 10 We’ve built a self-reinforcing growth engine where each customer generates 150% in subsequent lending at near-zero marginal acquisition cost. 150% Subsequent Lending Existing customers borrow an additional $27k after initial $18k loan. Our customer flywheel: Our customer flywheel: Acquire once, earn 2.5X ~0% Repeat Customer CAC vs. ~5.6% for new customer acquisition. 15 Months Average time between first and second loan. HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 11 Four stages that create compounding economics with each customer How the Flywheel works How the Flywheel works First Loan ● $18,000 loan ● ~5.6% CAC = $1,000 Result: Unit economics that compound Subsequent loan(s) ● $27,000 loan (1.5x) ● 0 % CAC = $0 Customer Acquisition ● ~5.6% CAC via Google/AEO/Partners ● Prime customer profile Deliver experience ● Minutes to apply ● Instant decision ● Money in minutes Customer returns ● $0 CAC on repeat ● 1.5x additional lending ● Higher Customer LTV Data Intelligence ● Quality 1st party data ● Seasoned AI credit models 4 3 1 Stellare 2 $ KPIs achieved ● RAI 6.4% ● RoE 31% HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 12 Stellare ® automation underpins increasing profitability Stellare ®automation underpins increasing profitability Exceptional proven scalability ● Loan book up +9%. ● Stellare® platform continues to drive an industry leading cost to income ratio of 18.5%. ● Underpins 1H26 Statutory and Cash NPAT of $6.1m, surpassing entire FY25 Cash NPAT. ● Annualised 1H26 Return on Equity of 31%. Cost to income ratio below 19% Loan book $ Cost to income % HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 13 Harmoney is capitalised for significant loan book growth without raising any equity Harmoney is capitalised for significant loan book growth without raising any equity Reinvested profits fund loan book growth beyond $1.5b ● Growing profits fund future loan book growth, (i.e. $1m profit funds $25m loan book growth). ● 1H26 profits funded loan book growth and improved funding advance rates enabled the repayment of $7.5m of corporate debt. ● Capital efficient with borrowings 96% of loan book. ● Diversified funding from 3 of Australia’s “big-4” banks and an asset backed securitisation program. ● Share buy-back is available until April 2026. Current cash supports $1.5b loan book Unrestricted Cash $24m Warehouse Equity $34m Funds current $857m loan book Supports +75 % growth to $1.5b loan book 1. Accessible cash is loans funded by Harmoney which are available to be drawn down from funders as Unrestricted Cash. HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 14 Accessible Cash1 $5m Outlook HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 15 Deliver Experience What we’re building ● Multi-product customers (personal+auto) ● Life event triggered lending Expected impact ✓ Increased average lifetime lending ✓ Expansion of total addressable market (TAM) Vehicle loan book up 18% on pcp PROGRESS FY 26 - 27 - Accelerating the Flywheel FY 26 - 27 - Accelerating the Flywheel 1 Customer Acquisition What we’re building ● Next generation AI underwriting with Stellare® 2.0 ● Embedded finance partnerships e.g. auto marketplaces Expected impact ✓ Increased approval rate; maintained credit quality ✓ Expanded reach through partners 2 Originations up 27% on pcp PROGRESS Customer Returns What we’re building ● Mobile app with one click loan access ● Revolving credit line (instant funds) Expected impact ✓ Reduce time between loans ✓ Reduced blended CAC Continued CAC reduction PROGRESS Data Intelligence What we’re building ● Next Agentic AI for personalisation at scale ● Predictive retention models Expected impact ✓ Improved customer retention and satisfaction ✓ A ‘private banker’ automated application experience Proprietary customer data creates defensible AI advantage PROGRESS 3 4 HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 16 31% Return on Equity accelerated profit growth More customers Combined effect: Flywheel acceleration Combined effect: Flywheel acceleration + Higher Lifetime value + Faster velocity >$900m FY26 Loan book Guidance $13m FY26 Cash NPAT Upgraded Guidance HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 = Stellare 17 $130m+ embedded cash value in existing loan book + $130m+ embedded cash value in existing loan book + ● Proprietary, highly automated Stellare® 2.0 customer acquisition and credit assessment engine. Over 10,000 new applicants create an account every month. ● Existing customer base return for 150% in additional lending, at near zero cost. ● Loan book growing at >10% NIM and >6% risk adjusted income (income after funding costs and credit losses). ● Proven scalability with industry leading cost to income %. ● Diversified funding from 3 of the “big-4” Australian banks and an established asset backed security issuance program. Business Value Existing loan book value + Business value at 31December 2025 $81m Market Capitalisation 16 Feb 2026 $48m Net cash & Warehouse Equity $82m+ Risk adjusted income embedded in existing loan book* $130m+ income and assets embedded * Applies typical repayment experience. Risk adjusted income calculated on contracted repayment schedule is significantly higher. NPV using a discount rate of 12%. HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 18 Appendix HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 19 Join our Investor Hub: Join our Investor Hub: harmoney.com.au/invest ● Investor Hub is the best way to stay informed and connected with all things ASX: HMY. ● Comment and ask questions directly to Harmoney’s leadership team and see other investors questions and responses. ● See videos accompanying our ASX announcements, interviews, research reports, and webinars. ● Join our mailing list to receive the latest news and updates from Harmoney by email. HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 20 Important notice and disclaimer Important notice and disclaimer HARMONEY ©2026 ASX SMIDcap INVESTOR PRESENTATION 25 March 2026 31 No representation or warranty, express or implied, is made as to the fairness, completeness, accuracy, adequacy or reliability of information, opinions or conclusions in this presentation, including the financial information. To the maximum extent permitted by law, none of Harmoney, or its related bodies corporate, or their respective directors, officers, employees, contractors or agents, accept liability or responsibility for any loss or damage resulting from the use or reliance on this presentation or its contents or otherwise arising in connection with it by any person, including, without limitation, any liability from fault or negligence. The financial information in this presentation has not been audited. This presentation contains certain non-IFRS measures that Harmoney believes are relevant and appropriate to understanding its business. Investors should refer to the 1H26 Half Year Report for further details. All values are expressed in Australian dollars unless otherwise stated. All intellectual property rights in this presentation are owned by Harmoney. The material in this presentation is provided for general information purposes only and is current as at the date of this presentation. It is not a prospectus or product disclosure statement, financial product or investment advice or a recommendation or offer to acquire Harmoney shares or other securities. It is not intended to be relied upon as advice to investors and does not take into account the investment objectives, financial situation or needs of any particular investor. Investors should assess their own financial circumstances and seek professional legal, tax, business and/or financial advice before making any investment decision. The information in this presentation does not purport to be complete. It should be read in conjunction with Harmoney’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.com.au. This presentation may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to Harmoney Group’s business and operations, market conditions, results of operations and financial condition, specific provisions and risk management practices. Such forward looking statements involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of Harmoney Group and which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Readers are cautioned not to place undue reliance on these forward looking statements, which speak only as of the date thereof. Past performance is not indicative of future performance. 21