#1& eagers automotive 18 October 2023 Market Announcements Office ASX Limited Investor Presentation Attached is the Eagers Automotive Limited (ASX: APE) presentation for today's investor conference held by Morgans Financial Stockbroking. For more information: Keith Thornton Jon Snowball Chief Executive Officer (07) 3608 7110 Domestique Consulting 0477 946 068 Authorised for release by the Chief Executive Officer. Eagers Automotive Limited ABN 87 009 680 013 ASX: APE T (07) 3608 7100 F (07) 3608 7111 E [email protected] Registered Office 5 Edmund Street, Newstead QLD 4006 Postal Address PO Box 199, Fortitude Valley QLD 4006#2eggers automotive Morgans Conference Keith Thornton | Chief Executive Officer 18 OCTOBER 2023#3Financial highlights HY 2023 Growth delivered via sustainable operating leverage and underpinned by strong balance sheet Financial Highlights Australian New Vehicle Market (3) January 2020 to Sept 2023 Revenue $4.8bn +14.3% on pcp Underlying Operating PBT (1) $207.4m +6.3% on pcp Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Return on Sales - Sept 2023 YTD Return on Sales (Underlying) 4.3% +0.1% Available Liquidity $758.1m Ordinary Interim Dividend +9.1% on pcp 24.0 cents per share 5.1% 4.4% 4.5% 4.3% 3.4% I Underlying (1) ROS LFL (2) Sept 2022 YTD Underlying (1) ROS LFL (2) Sept 2023 YTD ACT Acquisition | J BYD Retail JV Underlying (1) ROS Sept 2023 YTD Upside ROS Underlying operating results refers to continuing operations outlined and reconciled to statutory results on slides 31 (HY23) and 32 (comparative financial information) of the 1H23 Investor Presentation available on the ASX. Underlying operating figures are non-financial measures and have not been subject to audit by the Company's external auditors. LFL: Like-for-like excludes Ireland's of Cairns acquired in 2023, ACT & Newspot businesses & BYD retail joint venture acquired or formed in 2022, greenfield sites & the divestments of Castle Hill Autos & Bill Buckle Auto Group in 2023 and 2022 respectively. Source: VFACTS (1) (2) (3) 2 Morgans Conference - 18 October 2023 Monthly sales 2023 Monthly sales 2021 Monthly sales 2022 Monthly sales 2020 eggers automotive#42023 Outlook & Beyond Disciplined focus on accelerating our Next100 Strategy Top Line Growth $8.5 billion 2022 $9.5-$10.0 billion 2023 est. 2023 & Beyond... Franchised Auto consolidation and rationalisation Material new partnerships easyauto123 growth Disciplined & targeted M&A activity Strategic alliances Exceeding FY23 top line growth expectations 3 Morgans Conference - 18 October 2023 Strong margins & disciplined cost management 3.0% 10-yr avg ON TRACK Return on Sales Growth 4.6% 2021 4.7% 2022 New economics established Scale & cost base advantages Proprietary technology investment & productivity gains Financial services driving higher returns Structural move to higher industry return on sales 1H 2023 Scorecard 2023 & Beyond... $ Profitable growth in easyauto123 Strategic partnerships driving competitive advantage Accretive portfolio management eggers automotive#5An evolving market presents new opportunities Australia & New Zealand Expansion - - Consolidation | Rationalisation | Evolution Growth with existing partners Establishing new retail formats Scaling our independent pre-owned business Leading NEV Transition Supporting existing OEM partners - Preferred retail partner for new market entrants Diversification into electric truck segment Adjacent, downstream & new income opportunities Investing in Enablers - - Preferred partnership arrangements Supporting EV transition via novated leasing and fleet management Competitive advantage through adjacent markets driving mutual success * $ A 4 Morgans Conference - 18 October 2023 New Markets - - Preferred partner in global markets Cross border opportunities as global M&A increases Key market review underway Building an optimised business model to maximise operating leverage eggers automotive#6Setting the platform for further growth in 2024 Recently announced acquisition of large scale, multi-brand dealership portfolio & key strategic properties in Victoria Brand Portfolio Key Transaction Metrics B M W LAND- -ROVER JAGUAR MD Turnover Goodwill Employees Property MINI NISSAN SKODA MITSUBISHI RENAULT W ~$1.0 billion per annum VOLVO ~$111.0 ~770 million employees 3 properties ~53,500 m² ~$100.0 million Strategic Benefits High-quality, well- balanced brand portfolio Additional $1.0 billion turnover driving top line growth (+~10% on current group turnover) Highly complementary to existing Victorian brand portfolio & footprint Creates significant scale in the region & opportunity to leverage productivity initiatives Strategic property acquisitions provides flexibility to execute Next100 Strategy 5 Morgans Conference - 18 October 2023 eggers automotive#7Victorian Acquisition Alignment with Next100 Strategy and consistent with key strategic growth opportunities People Property Finance Innovation Growth 6 Morgans Conference - 18 October 2023 Strategic Growth Opportunities Mercedes-Benz Brighton Aust & NZ ވ Expansion NEV Transition Enablers New Markets NISSAN VOLVO VOI HAVERLEY eggers automotive#8Track record of strong profit growth through the cycles Disciplined execution driving scale & operating leverage with a focus on sustainable long-term growth Underlying & Statutory Profit Performance January 2006 to June 2023 1,200 1,000 800 600 400 +61.2% 156 156 200 97 97 CAGR +16.2% +132.8% 1,115 1,014 +15.4% 547 436 +41.7% 398 378 +71.0% 267 268 FY06 - FY08 FY09 - FY11 FY12 - FY14 FY15 - FY17 FY18 FY20(1) AHG Merger (2019) FY21-1H23 2.5 years to 30 June 2023 (1) Statutory PBT for FY19 & FY20 has been adjusted to remove one-off abnormal items including AHG and Holden impairments and COVID-19 Government wage subsidy income 7 | Morgans Conference - 18 October 2023 Underlying PBT Statutory PBT eggers#9Q&A#10eggers automotive