Appendix 4E and Annual Report

• Investment portfolio decreased 4.2% in 2026, underperformed benchmarks
• Fully franked full year dividend of 13.2 cents per share
• Net loss from ordinary activities after tax of $35.2 million
• Share price discount to NTA at 5.6% at 30 June 2026
• Board confident in long-term investment strategy

WAM Global Ltd, a listed investment company, reported a 4.2% decrease in its investment portfolio for the year ended 30 June 2026, underperforming the MSCI World Index (AUD) which rose 14.8%. The company's net loss from ordinary activities after tax was $35.2 million. Despite the underperformance, the company maintained a fully franked full year dividend of 13.2 cents per share, reflecting the use of profits reserves and the company's focus on delivering sustainable income outcomes. The share price discount to net tangible assets (NTA) was 5.6% at 30 June 2026, representing a potential investment opportunity. The company remains confident in its disciplined investment approach and long-term track record.