BRIEF-Netwealth Group Says Total Value Of Compensation Payments Is Estimated To Be A$101 MLN

Reuters

2025/12/18

Dec 18 (Reuters) - Netwealth Group Ltd NWL.AX:

TOTAL VALUE OF COMPENSATION PAYMENTS IS ESTIMATED TO BE A$101 MILLION
EXPECTS TO BASE ITS FY26 DIVIDEND ON UNDERLYING EARNINGS (EXCLUDING THIS ONE-OFF COMPENSATION PAYMENT)
COMPENSATION WILL BE RECORDED AS EXTRAORDINARY EXPENSE IN 1H26 ACCOUNTS WITH NPAT IMPACT A$71 MILLION
FY26 COSTS ASSOCIATED WITH FIRST GUARDIAN AND RELATED ACTIVITIES NOT EXPECTED TO BE MATERIAL

Further company coverage: NWL.AX

((Reuters.Briefs@thomsonreuters.com;))

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