AEF FY26 Results Investor Presentation

• FY26 revenue up 9%, operating expenses up 7%
• Record FUM of $14.5bn, up 4% YoY
• UPAT up 15%, NPAT up 29%
• Final dividend of 10c payable on 18 September 2026
• Total FY26 dividend 18c, up 29%

Australian Ethical Investment Ltd announced its FY26 results, highlighting a 9% increase in operating revenue, driven by average FUM growth, partially offset by lower blended revenue margin. Operating expenses rose by 7%, mainly due to employee and IT expenses. The company reported a record FUM of $14.5bn, up 4% year-on-year. UPAT increased by 15%, and NPAT attributable to shareholders rose by 29%. The final dividend was set at 10c, totaling 18c for FY26, up 29%. The company also noted improvements in operating leverage, with an underlying CTI of 69.8% compared to 71.4% in FY25.

FY26 revenue up 9%, operating expenses up 7%, FUM up 4% YoY

The company remains committed to maintaining a competitive offering to position the business for continued FUM and net flows growth, ensuring positive outcomes for all stakeholders.