• Delivering strong long-term portfolio returns and creating real world impact
• Grew FUM ~3X over the past 5 years, enhanced business platform, and received multiple awards
• Reached $14 billion FUM milestone, record half year UPAT and NPAT, and improved cost to income ratio

Australian Ethical Investment Ltd (AEF) is a leading ethical investment management company that has delivered strong long-term returns to shareholders and investors while advocating for positive impact. Over the past 5 years, the company has grown its FUM by around 3 times, enhanced its business platform, and received multiple awards for its quality business. In H1 FY2026, AEF reached a significant milestone of $14 billion in FUM, reported record half year underlying profit after tax (UPAT) and net profit after tax (NPAT), and improved its cost to income ratio. The company's revenue increased by 13% driven by higher average FUM, positive net flows, and investment performance. Operating expenses grew by 9%, largely due to employee expenses and higher marketing spend, but were favorably impacted by the commercial benefits following the administration and custody transitions. AEF's UPAT and NPAT attributable to shareholders increased by 25% and 42% respectively. The company also declared a record first half dividend of 8 cents per share, up 60% on the previous corresponding period. AEF continues to build a high-quality, growth-oriented business enabled by a purpose-driven and high-performing culture, a clear and consistent strategy, and a modern operating platform.