• One portfolio, multiple asset classes with flexibility to be opportunistic and counter-cyclical
• Long-term track record of generating value with a Total Shareholder Return of 12.9% p.a. over 25 years
• Focused on increasing cash generation, growing the portfolio, and managing investment risk

Washington H. Soul Pattinson & Company Ltd (SOL.ASX) has reported its 1H26 results, showcasing its evolution into a diversified investment house with a singular purpose to generate enduring success. The company's portfolio, valued at $13.8 billion (pre-tax), spans across listed equities, private companies, credit, real assets, and emerging companies, providing flexibility and the ability to be opportunistic and counter-cyclical. Over the past 25 years, Soul Patts has delivered a Total Shareholder Return of 12.9% per annum, outperforming the ASX200 Total Return Index by 4.6% per annum. Key priorities for the company include actively managing liquidity, repositioning the portfolio, and allocating capital opportunistically to protect capital and prepare for potential market cycles. The company's Net Asset Value (pre-tax) increased by 9.7% in 1H26, outperforming the market by 6.6%, while Net Cash Flow From Investments grew by 15.4% compared to the prior corresponding period. The company has also maintained its consistent dividend growth, with the interim dividend increasing by 9.1% versus the prior corresponding period.

Soul Patts expects to maintain its strong cash generation capabilities, which will support the company's ability to continue increasing dividends to shareholders. The company has $472 million in available cash and $4.3 billion in available liquidity, providing ample capacity to pursue new investment opportunities.

Soul Patts remains focused on actively managing its liquidity, repositioning the portfolio to increase exposure to defensive and liquid assets, and allocating capital opportunistically to take advantage of potential market dislocations. The company is well-positioned to leverage its flexible mandate, relationships, and deal-sourcing capabilities to identify and capitalize on mispriced risks and be counter-cyclical where appropriate.