City of London Investment Group (CLIG) investor relations material

Executive summary

• Funds under Management (FuM) rose 13.9% year-over-year to $12.3bn as of 30 June 2026, driven by strong investment performance despite net outflows of $1.3bn.

• Net fee income increased 9.7% to $76.5m, and profit before tax rose 24.8% to $32.4m, with underlying profit before tax up 19.3% to $36.8m.

• Basic EPS grew 19.4% to 36.9p, and underlying EPS increased 14.2% to 41.9p.

• A final dividend of 23p per share is proposed, bringing the annual total to 34p, and a new progressive dividend policy will be implemented.

• The Group remains debt-free with cash balances of $42.0m, supporting ongoing investment and dividend capacity.

Financial highlights

• Gross fee income reached $80.1m, up from $73.0m, with net fee margin slightly declining to 66bps due to fee mix.

• Operating profit increased 25.2% to $30.2m, and operating margin improved to 39.5% from 34.6%.

• Cash flow remained robust, with free cash flow at $28.4m and net assets rising to $156.6m.

• Total dividends paid during the year were $21.3m.

Outlook and guidance

• Continued focus on international and emerging markets, which represent over 60% of client assets.

• The Group expects to benefit from broadening equity market interest beyond the US and aims for sustainable, profitable growth.

• Ongoing investment in people, technology, and research to support long-term performance.