Macquarie Group Limited (MQBKY) Shareholder/Analyst Call Transcript

Very good morning, everybody. Welcome to Alumina and to Macquarie's 2026 Annual General Meeting. I'm Glenn Stevens, Chair of the Board. I warmly welcome you today to the meeting. I know the quorum is present, and so I declare the meeting open.

I acknowledge the Gadigal people of the Eora Nation, the traditional custodians of the land on which we meet and pay my respects to elders, past and present. Today is a hybrid meeting, and so that allows us also to welcome shareholders joining online from around the world.

To ensure the meeting is conducted in a courteous and respectful manner, can I remind you, both here in person and online to observe the conduct rules that we set out in the Notice of Meeting. We can't accept disorderly conduct. Please don't do that. If there is disorderly conduct, you'll be asked to leave.

With me up here on stage are our nonexecutive directors, Rebecca McGrath, Phil Coffey, Susan Lloyd-Hurwitz, Jillian Broadbent, Mike Roche, Michelle Hinchliffe and William Vereker, our CEO, Shemara Wikramanayake, CFO, Frank Kwok; and Company Secretary, Simone Kovacic. Also in the room are our bank-only nonexecutive directors, Ian Saines, David Whiteing and Wayne Byres and present in the room or online are the Macquarie Bank CEO, Stuart Green, group heads, Simon Wright, Greg Ward and Ben Way, Michael Silverton, Nicole Sorbara, Andrew Cassidy and Evie Bruce.