New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>FY27 guidance was reaffirmed for total income of NZ$128m–NZ$134m (FBe: NZ$131.4m) and total spend of NZ$132m–NZ$140m (FBe: NZ$134.6m).</li><li>Management noted booking volumes are tracking slightly ahead of its expectations at the start of FY27, with no material impact from current geopolitical developments on core markets.</li><li>SKO expects to bring on additional customers via this initiative through FY27.</li></ul>

FY27 guidance was reaffirmed for total income of NZ$128m–NZ$134m (FBe: NZ$131.4m) and total spend of NZ$132m–NZ$140m (FBe: NZ$134.6m).Management noted booking volumes are tracking slightly ahead of its expectations at the start of FY27, with no material impact from current geopolitical developments on core markets.SKO expects to bring on additional customers via this initiative through FY27.

Serko Ltd

Serko (SKO) - 2026 AGM Comments