• Entered into binding agreements for two acquisitions in Wealth and Business segments
• Executed NBIO for acquisition of investment research and asset/fund management company
• Appointed Sharon Papworth as Chief Financial Officer

Prime Financial Group Ltd (ASX: PFG) has entered into binding agreements for two acquisitions, one in each of its two core segments of Wealth and Business. In the Business segment, Prime has added a new Partner and 3 team members via the purchase of accounting clients representing revenue of approximately $1,200,000 per annum. The total consideration on the first $1,200,000 of revenue is $1,322,700, with the Partner incentivized to grow revenue as part of Prime, with a maximum payable of $2,522,700. In the Wealth segment, Prime has acquired revenue of approximately $500,000 per annum and welcomed a new Partner. The total consideration payable for this acquisition is up to $1,500,000 on the basis of generating revenue of $1,500,000 by year 3. Prime has also executed a confidential NBIO for the acquisition of a company that provides investment research and asset/fund management services. The Potential Acquisition is expected to generate approximately $4m per annum in revenue and will be funded 75% cash and 25% shares with payments made over a 3-4 year period. The cash consideration will be funded from the Company's debt facilities and cash reserves. Additionally, Prime has announced the appointment of Sharon Papworth as Chief Financial Officer, effective 27 October 2025. Sharon is a highly experienced commercial executive with extensive experience across private equity backed and ASX organisations.