• Group Statutory NPAT up 604.3% to $2.3b
• Regular NPAT up 6.7% to $304m
• Net Cash Flow From Investments up 15.4% to $334m

Soul Patts has reported a landmark set of results for the first half of FY2026, with Group Statutory Net Profit After Tax (NPAT) increasing 604.3% to $2,303 million. This was driven by a series of significant non-recurring items, including the Brickworks merger, sell down of Tuas and Aeris, and a realised gain from the sale of Apex Healthcare. On an underlying basis, Regular NPAT increased 6.7% to $304 million, reflecting higher trading gains and increased property contribution following the merger, partly offset by lower share of accounting profits from New Hope. Net Cash Flow From Investments (NCFI) increased 15.4% to $334 million, driven by strong trading gains during the period and reflecting the portfolio's capacity to generate and sustain solid cash flows. Net Asset Value (NAV) (pre-tax) grew to $13.8 billion, representing a return of 9.7% in 1H26 and outperforming the ASX200 Total Return Index by 6.6%. The merger with Brickworks, implemented in September 2025, was a defining moment for Soul Patts, resulting in a cleaner capital structure, stronger balance sheet and greater flexibility to pursue new investments. The company's diversified investment portfolio, with exposure to listed companies, real assets, emerging companies, credit, and private companies, continues to deliver strong performance through market cycles.

The company has not provided any high-importance, price-sensitive forward-looking financial metrics.

Looking ahead, Soul Patts remains well positioned to benefit from ongoing market volatility. The portfolio is diversified, the balance sheet is strong, and the company retains flexibility to deploy capital selectively. The multi-asset platform is capable of withstanding uncertainty, and the company is focused on managing liquidity and strategic optionality while delivering long-term growth for shareholders.