• Successful completion of A$134 million institutional entitlement offer
• Existing shareholders (excluding Blue Owl) subscribed for ~99% of their entitlements
• Retail entitlement offer expected to raise a further A$11 million

Navigator Global Investments Limited ('NGI' or 'Navigator') has announced the successful completion of the institutional component ('Institutional Entitlement Offer') of its A$145 million fully underwritten 1 for 8.13 accelerated pro rata non-renounceable entitlement offer ('Entitlement Offer') of new fully paid ordinary shares ('New Shares'), conducted at an offer price of A$2.40 per New Share. The Institutional Entitlement Offer closed before market open on Tuesday, 5 May 2026 and raised gross proceeds of approximately A$134 million. The Institutional Entitlement Offer received strong support from eligible existing institutional shareholders, with existing shareholders (excluding Blue Owl) subscribing for approximately 99% of their entitlements. New Shares not taken up by both eligible and ineligible institutional shareholders have been fully allocated to eligible institutional investors. The retail component ('Retail Entitlement Offer') of the Entitlement Offer, which is fully underwritten, is expected to raise a further A$11 million. In total, the Entitlement Offer is expected to raise approximately A$145 million. The Retail Entitlement Offer is expected to open on Monday, 11 May 2026 and close on Tuesday, 26 May 2026. Eligible Retail Shareholders will be invited to participate in the Retail Entitlement Offer at the same Offer Price and offer ratio as the Institutional Entitlement Offer.