Our 2026 Annual General Meeting has a new date. It will now be held at 10:30am (AEDT) on Friday, 27 November 2026, rather than Monday, 23 November 2026 as previously announced.

This also pushes out the deadline for Director nominations. Anyone wishing to stand for election as a Director at the AGM now needs to submit their nomination by Friday, 9 October 2026.

There's nothing else changing here, just the timing. We'll release the Notice of Meeting in due course, which will set out the location and how shareholders can take part.

If you have questions about this announcement, you're welcome to ask us through the question box on this page.

Our 2026 Annual General Meeting will be held at 3:00pm (AEDT) on Monday, 23 November 2026.

If you'd like to stand for election as a Director at this year's AGM, nominations close on Monday, 5 October 2026. This closing date is set under the ASX Listing Rules.

We'll release the full Notice of Meeting closer to the date, with details on location and how to take part, whether that's in person or otherwise. That notice will also carry the resolutions shareholders will be asked to vote on.

There's nothing else to act on from this announcement right now. It's simply locking in the date and giving anyone considering a Board nomination the timeframe they need.

If you have questions about the AGM or this announcement, you're welcome to ask us through the question box on this page.

We're announcing a change in our finance leadership. Kath Landon will become Chief Financial Officer from 1 October 2026, taking over from Avi Lewis, who is stepping down after his notice period and will formally depart on 12 October 2026.

Kath isn't new to Xref. She has been working closely with us since June 2026 as an external consultant, leading the delivery of our refinance, audit, budget and R&D tax incentive work. She brings over 25 years of executive finance experience, including nine years at ELMO Software where she most recently served as Chief Accounting Officer, with deep expertise across finance teams, FP&A, enterprise systems, treasury and M&A integration.

For shareholders, the practical point is continuity. Kath already knows the business and has been embedded in some of our key financial workstreams for months, which should support a smooth handover as Avi departs.

We want to thank Avi for his contribution since joining in April 2023, and welcome Kath formally to the executive leadership team.

If you have questions about this announcement, you're welcome to send them through the investor hub.

Scobie Dickinson Ward, a substantial holder in Xref, has increased their stake through a series of on-market purchases.

Their voting power has moved from 8.54% to 9.64% of Xref's shares on issue, following purchases made between November 2025 and September 2026. The two most recent trades, both on 2 September 2026, accounted for the bulk of the increase, adding just over 2.28 million shares between them.

All 21,207,073 shares are held directly, registered through Forsyth Barr Custodians in New Zealand.

This is a routine substantial holder notice, the kind of filing that's required whenever a holder's stake crosses certain thresholds. It tells us that an existing substantial shareholder has been adding to their position over time, but it doesn't come with any commentary from Xref itself on the reasons behind the buying.

If you'd like to ask us anything about this announcement, you're welcome to do so through the question box on this page.

Our audited results for FY26 show underlying EBITDA of A$4.7m, up 76% on FY25. Group Annual Recurring Revenue reached A$15.7m, with more than 71% of that, A$11.2m, now coming from our New Platform. Cash on hand at 30 June 2026 stood at A$2.3m.

The other significant development is a refinancing of our debt with the Commonwealth Bank of Australia, completed after year end. We repaid the outstanding balance owed to Element SaaS Finance and replaced it with a A$6.3m senior facility with CBA maturing in August 2029, with no principal repayments due until August 2028. We've also put in place a A$2.0m working capital overdraft, reviewed annually. Both facilities carry variable interest rates, and the arrangement is subject to customary financial covenants around leverage and cash flow cover.

The practical effect is a meaningful reduction in what we pay out each year to service debt. We expect the annual finance outflow on the term facility to fall from A$2.7m in FY26 to an estimated A$0.5m, interest only, through FY27. That frees up cash to support the business as it grows.

Because the refinancing happened after 30 June 2026, our FY26 financial statements reflect the borrowing terms as they stood at year end, with the full detail set out in Note 32.

As CEO Lee Seymour put it, this combination of ARR growth, positive EBITDA and a stronger balance sheet reflects the leverage building in our platform, and the refinancing gives us more room to keep driving profitable growth.

If you have questions about this announcement, we'd encourage you to send them through the question box on this page.

FY26 was a year of change in shape rather than size for Xref. Total revenue was $19.1m, down 10.2% on FY25, but the loss narrowed sharply to $432,066, down 77.9% from last year's $1.95m loss.

The story behind those numbers is a shift towards our New Platform, now generating $11.2m in Annual Recurring Revenue, up 50.1% year-on-year and representing 71.1% of total Group ARR. This SaaS-based, multi-year contract revenue is more predictable than the legacy and API-only business it's replacing, which fell 72.1% as clients migrated across. 954 clients have now adopted the new platform, up 52% year-on-year, with 84% client retention in FY26.

Underlying EBITDA, our preferred measure of core earnings, rose 75.6% to $4.7m, helped by a 23.9% cut in total operating expenses and a 27.0% reduction in wages and salaries as we leaned on AI and self-service tools. Revenue per employee rose 19.8% to $355k.

After year end, we refinanced our debt. The previous facility with Element SaaS Finance was repaid in full, replaced by a $6.3 million term facility with the Commonwealth Bank of Australia maturing in August 2029, plus a $2.0 million overdraft. This facility carries lower rates and no principal repayments until August 2028, and the directors consider it strengthens our liquidity. The Group remains subject to financial covenants under both the going concern assessment and the new facility, and our auditor issued an unmodified opinion while flagging going concern as a key audit matter given the net asset and net current asset deficiencies at year end.

If you have questions about this announcement, we'd welcome you raising them through the question box on this page.

Dear investors,

The latest announcement from Xref Ltd outlines our continued revenue growth, with a 10% increase to A$20.4M for the fiscal year ended 30 June 2023. Despite a net loss of A$3.4M, primarily due to increased employee expenses and share-based payments, our core segments of candidate referencing, ID verification, and engagement surveys all showed positive performance.

In particular, our candidate referencing segment saw a 3% increase to A$16M, driven by ongoing demand for our online reference checking platform. Additionally, our ID verification segment, offered through RapidID, continues to provide valuable solutions for identity verification and fraud prevention.

As we navigate the challenges and opportunities in the HR and recruitment technology space, we remain committed to delivering innovative solutions that empower organizations to make informed decisions. We invite you to engage with us further to learn more about our strategic initiatives and future growth prospects.

Should you have any questions or require additional information, please do not hesitate to reach out. Thank you for your continued support and interest in Xref Ltd.

Warm regards,

Management Team

In July 2026, Xref Limited (ASX:XF1) showcased robust financial and operational performance during the Q4 FY26. Noteworthy highlights include total sales of $5.35 million and a positive operating cash flow of $0.9 million. Core Xref platform sales rose by 14% compared to the previous year, reflecting increased platform adoption. Marketing efforts yielded $1.5 million in new opportunities, with self-serve channels garnering significant interest and successful trial conversions.

An exciting development was the launch of Xref.me, garnering quick market traction with 5,200 candidate profiles created within 11 weeks. The future rollout includes additional features like ID and Working Rights checks, enhancing market awareness. Cash collections reached $5.2 million, supporting operating cash flow growth and a positive net cash flow.

CEO Lee-Martin Seymour expressed satisfaction with client renewals, heightened lead levels, and positive cost restructuring impact. The focus for FY27 lies in driving new platform adoption while maintaining cost efficiency. For further insights or queries, visit Xref's Investor Hub at xf1.com. Xref continues to provide a data-driven, transformational employer intelligence platform, offering validated talent insights and operational efficiencies to organizations worldwide.

We are pleased to announce that for the fiscal year ended 30 June 2023, Xref Ltd experienced a 10% increase in revenues, totaling A$20.4M. Despite a net loss of A$3.4M, primarily driven by an increase in employee expenses and share-based payments, our Candidate referencing segment saw a 3% revenue growth to A$16M, with notable increases in both the Australian (10% to A$15.7M) and United States (19% to A$1.1M) segments.

Xref continues to focus on revolutionizing the HR and recruitment technology sector with our innovative services. Our candidate referencing platform offers quick and reliable feedback to assist in decision-making processes, and our ID verification segment provides cutting-edge solutions to reduce identity fraud risks. Additionally, our Engagement surveys offer valuable insights for organizations looking to enhance their employee experience.

We are dedicated to driving value for our stakeholders and remain committed to delivering excellence in our products and services. We invite investors to reach out with any questions they may have regarding this announcement or our future plans. Thank you for your continued support and interest in Xref Ltd.

XREF LIMITED has recently issued an announcement regarding the cessation of 600,000 unquoted equity securities with the security code XF1AH. These securities lapsed due to the conditional right not being satisfied as of 30/04/2026. Following this change, XREF LIMITED's issued capital now comprises 220,089,764 fully paid ordinary securities and other unquoted equity securities. For further details, please refer to the announcement issued on Friday, May 15, 2026. Investors are encouraged to reach out with any questions they may have regarding this announcement.

Xref has made significant progress in transitioning to a full subscription-based business model, with annuity revenue now being the majority of our income. We have streamlined operations and our business model to drive growth and reduce costs. By focusing on a single technical platform and implementing self-sign-on and auto-renewal subscriptions, we aim to increase recurring revenue further.

In the fiscal year 2025, our revenue grew by 7% to $21.3m, with cost of sales decreasing to $2.3m, resulting in a gross profit of $19.0m. Operating costs were reduced by 9%, leading to a positive operating cash flow. EBITDA was positive at $2.5m, indicating strong financial performance.

We invite current and prospective investors to view our detailed 2025 Investor Presentation, which provides insights into our strategic direction and financial results. If you have any questions or require further clarification, please feel free to reach out to us. Thank you for your continued support.

Dear investors, we are pleased to announce that Xref Ltd has reported a 10% increase in revenue for the fiscal year ending on 30 June 2023, reaching A$20.4 million. Despite this positive growth, the company recorded a net loss of A$3.4 million, primarily due to a substantial increase in employee expenses and share-based payments. 

The revenue growth was driven by a 3% increase in the candidate referencing segment, reaching A$16 million, as well as a 10% increase in the Australian market segment, amounting to A$15.7 million. Additionally, our expansion efforts in the United States proved successful, with a 19% revenue increase to A$1.1 million.

Xref Limited's business model focuses on providing innovative HR and recruitment technology solutions, including candidate referencing, ID verification, and engagement surveys. Our platforms offer fast and efficient reference checking, identity verification, and fraud prevention services to help organizations make informed decisions.

We encourage investors to delve deeper into our financial results and business operations by reviewing the full announcement. Your questions and feedback are valuable to us, so please do not hesitate to reach out for further clarification or information. Thank you for your continued support.

Dear investors,

Xref Limited (ASX: XF1) would like to inform you of a minor correction to our recent Investor Presentation. The amendment pertains to page 8 of the presentation, where two bar graphs illustrating half-year performance were inaccurately labelled as "H1" instead of "H2." This typographical error has now been rectified to ensure accurate representation of the reporting periods.

Please note that despite the correction in the chart headings, the underlying financial information and data within the graphs remain unchanged. We have provided an updated version of the Investor Presentation for your reference.

Should you have any further questions or require clarification on this matter, feel free to reach out to us at investors@xref.com or by phone at +61 2 8244 3099.

Thank you for your understanding.

Sincerely,
Xref Limited (ASX: XF1)

Dear investors,

We are pleased to announce our latest financial results for the fiscal year ending June 30, 2023. Xref Ltd saw a 10% increase in revenues, reaching A$20.4M. However, we also experienced a net loss of A$3.4M, primarily due to increased employee expenses and share-based payments.

Our candidate referencing segment, which offers an online reference checking platform, saw a 3% increase in revenues to A$16M. Additionally, our Australia segment revenue increased by 10% to A$15.7M, while the United States segment revenue grew by 19% to A$1.1M.

As a company focused on human resource and recruitment technology, we continue to provide innovative solutions such as ID verification and Engagement surveys to help our clients make informed decisions. Our ID verification segment offers cutting-edge facial recognition and liveness detection systems to mitigate identity fraud risks.

We understand the importance of transparency and are committed to addressing any questions or concerns you may have about our financial performance and business operations. Please feel free to reach out to us with any inquiries.

Thank you for your ongoing support.

Warm regards,
Xref Management Team

Xref

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We welcome our valued shareholders and prospective investors to visit our Investor Hub for the latest updates on our progress. For any questions, you can connect directly with our management team through the hub.

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Access the latest market disclosures, financial updates, and corporate announcements from Xref (XF1) as released to the ASX.

Date	Headline
2 Oct 2026 10:12 AM	Revised AGM Date & Closing Date for Director Nominations
25 Sep 2026 10:56 AM	2026 AGM Date and Closing Date for Directors Nominations
21 Sep 2026 9:34 AM	Appointment of Chief Financial Officer
2 Sep 2026 5:32 PM	Change in substantial holding
31 Aug 2026 9:59 AM	FY26 Financial Results & Debt Refinancing
31 Aug 2026 9:57 AM	Appendix 4E-Directors' Report and Financial Statements FY26
13 Jul 2026 10:09 AM	Ceasing to be a substantial holder
6 Jul 2026 9:13 AM	Xref Business Update July 2026
18 Jun 2026 11:50 AM	Change in substantial holding
15 May 2026 4:04 PM	Notification of cessation of securities - XF1

Annual Reports

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