• Net profit after tax (NPAT) attributable to shareholders of $67.3 million, down 11% from 1H FY25
• Pinnacle NPAT, before performance fees, 37% higher than the prior corresponding period
• Record net inflows of $17.2 billion across domestic retail, domestic institutional, and international channels

Pinnacle Investment Management Group Limited (ASX: PNI) announces its financial results for the six months ended 31 December 2025 (1H FY26). Net profit after tax (NPAT) attributable to shareholders was $67.3 million, down 11% from $75.7 million in the prior corresponding period (1H FY25). However, Pinnacle NPAT, before performance fees, was 37% higher than the prior corresponding period and 11% higher than 2H FY25, demonstrating strong underlying growth. The company reported record net inflows of $17.2 billion across domestic retail, domestic institutional, and international channels, driving a 13% increase in aggregate Affiliates' funds under management (FUM) to $202.5 billion. Pinnacle's share of Affiliates' NPAT was $69.4 million, down 7% from $74.3 million in 1H FY25, but excluding performance fees, share of Affiliates' profit was 52% higher than the prior corresponding period. The company also announced an additional investment in Pacific Asset Management (PAM) to accelerate global growth, with complementary distribution platforms, innovative technology solutions, and a strong financial profile.

Pinnacle Investment Management Group Limited expects continued growth in net flows and core earnings within Affiliates, across multiple channels, which the company's diversification has enabled. The company will continue to invest in its people and platform, across multiple channels and markets, to support and drive further growth.

Pinnacle Investment Management Group Limited is confident that the additional investment in Pacific Asset Management and the growth initiative with Advantage Partners of Japan will be to the benefit of its clients, people, and shareholders.