• Bailador to invest up to $5m in DASH's capital raise
• DASH valuation 21% above Bailador's original cost, 23% below current carrying value
• Bailador's DASH equity investment to be written down by 24% to $30.1m

Bailador Technology Investments (ASX:BTI) has announced a follow-on investment of up to $5m in DASH Technology Group Pty Limited ('DASH'), a cloud-based financial advice and investment management platform. The investment is being completed at a valuation 21% above Bailador's original investment cost, but 23% lower than the current carrying value, reflecting current market conditions. DASH has announced a capital raising available to existing and potentially new shareholders, and Bailador is supportive of DASH's growth prospects and operating plan. The additional funding will be used by DASH to drive further automation, accelerate its go-to-market strategies, and achieve profitability. Bailador's existing investment in DASH consists of a $39.7m equity investment and a $2.5m debt investment. The equity investment will be written down by 24% to $30.1m, representing a $9.5m write-down or $0.06 NTA per share pre-tax, which is 3.5% of Bailador's February 2026 pre-tax net tangible assets. The total DASH carrying value will be $32.6m after the revaluation, inclusive of the $2.5m debt investment. Bailador's new investment of up to $5m will be finalised once DASH's pre-emptive process is completed, and the changes will be reflected in Bailador's March 2026 Shareholder Update.