App 4D - Half-year Report to 31 December 2025

• Investment income down 67% to $23.4 million
• Profit for the half-year down 72% to $13.9 million
• Interim dividend of 4.5 cents per share, up from 4.0 cents

Argo Global Listed Infrastructure Ltd (ALI) has reported its financial results for the half-year ended 31 December 2025. The company recorded a profit after tax of $13.9 million, down 72% from $49.5 million in the previous corresponding period. The decrease in profit was primarily due to the unrealised change in fair value of investments in the portfolio. Net tangible asset backing per share was $2.62 as at 31 December 2025, compared to $2.65 a year earlier. The company declared a fully franked interim dividend of 4.5 cents per share, up from 4.0 cents per share in the prior corresponding period. The Dividend Reinvestment Plan and Dividend Substitution Share Plan will operate for the interim dividend. The company's registered office and principal place of business is in Adelaide, South Australia.