• Total Funds Under Administration (FUA) up 13% to $67.0 billion
• Platform FUA up 10% to $32.0 billion driven by organic growth in Spectrum
• Scope+ Non-custodial Portfolio Administration FUA up 15% to $35.0 billion

Praemium has reported a buoyant first quarter for FY26, with total Funds Under Administration (FUA) rising 13% to $67.0 billion and platform FUA up 10% to $32.0 billion. The standout performer was the Spectrum IDPS solution, which achieved net inflows of $299 million and grew its FUA to $3.3 billion, driven by strong demand from high-net-worth advisers. Praemium SMA also posted impressive results, recording net inflows of $237 million for the quarter, lifting FUA to $13.6 billion, a 14% increase year-on-year. Powerwrap delivered net inflows of $131 million, with FUA reaching $14.0 billion, reflecting renewed adviser engagement. Scope+ non-custodial portfolio administration services grew 15% to $35.0 billion FUA, further cementing Praemium's market leadership in this segment. The transition of OneVue assets is progressing as planned, with $474 million transferred to Spectrum and $10 million to Scope+ this quarter. Praemium continues to make strategic progress, including the formation of a new transitions and implementations team, increased access to global funds, and the development of an in-house superannuation administration capability.

Praemium remains confident in its long-term growth trajectory, with sustained adviser interest and expanding engagement across both custodial and non-custodial platforms.