City of London Investment Group (CLIG) investor relations material

Executive summary

• Funds under Management (FuM) increased 13.9% year-over-year to $12.3 billion, driven by strong market performance and resilient investment strategies.

• Net outflows for the year totaled $1.3 billion, but improved in the second half to $483 million from $853 million in the first half.

• Gross inflows remained healthy, with $342 million in CLIM and $224 million in KIM, reflecting sustained demand across diverse strategies.

• Market and investment performance contributed $2.8 billion to FuM growth, offsetting net outflows.

• The Group maintains a strong financial and investment position, with robust cash reserves and ongoing strategic flexibility.

Segment performance

• CLIM FuM rose from $6.8 billion to $8.1 billion, with Emerging Markets and International Equity leading inflows and performance.

• KIM FuM increased from $4.0 billion to $4.3 billion, with Growth Balanced and Taxable Fixed Income showing notable strength.

• Net outflows in CLIM were concentrated in Emerging Markets and International Equity, while KIM saw outflows mainly in Growth Balanced.

• Market and investment performance added $2.4 billion to CLIM and $466 million to KIM.

Outlook and guidance

• The Group is positioned for sustainable growth as market conditions stabilize, with continued marketing and sales initiatives.

• Recent market volatility is seen as an opportunity for value creation by investment teams.

• The Board expects the final dividend for FY26 to be in line with the previous year, with results to be announced on 15 September 2026.