J P M O R G A N Asia Pacific Equity Research 10 June 2026 Eagers Automotive Limited Following the AGM briefing, we have adjusted our model to incorporate updated Outside Equity Interest (OEI) considerations. Our earnings revisions reflect a moderation in ANZ OEI assumptions, relating to BYD RJV contributions and revised OEI assumptions post completion of the CanadaOne acquisition. Importantly, our Revenue/PBT estimates remain largely unchanged. Our key earnings changes are highlighted below. Figure 1: APE - ...