Pacific Current Group Ltd · ASX:PAC

Pacific Current — Shareholder Meeting (November 2022)

15 slides from Pacific Current's shareholder meeting presentation, Nov 21, 2022

  1. Slide 1: 2022 Annual General Meeting Presentation

    ASX ANNOUNCEMENT 21 November 2022 2022 ANNUAL GENERAL MEETING PRESENTATION Pacific Current Group Limited (ASX:PAC), a global mul�-bou�que asset management firm, is pleased to provide its 2022 Annual General Mee�ng Presenta�on for release to the market. AUTHORISED FOR LODGEMENT BY: The Board of Pacific

  2. Slide 2: Full Year 2022 Annual General Meeting Presentation

    FU LL YEAR 2022 — ANNUAt GENERAL MEETING PRESENTATION PRESENTERS Paul Greenwood Ashley Killick Managing Director, CEO and ClO CFO 21 November 2022

  3. Slide 3: Important information and disclaimer

    The information in this presentation is general information about Pacific Current Group (‘Pacific Current’ or PAC’) and is current only at the date of this presentation. In particular, this presentation is not an offer or recommendation to purchase or subscribe for securities in Pacific Current, nor

  4. Slide 4: FY22 Overview

    FY22 Ove vie Pacific Current Group (PAC) is a global investor in investment management firms, with stakes in 16 investment firms across the US, Europe, Asia and Australia. PAC’s boutiques offer a diverse range of investment products across multiple asset classes, delivering sustainable and growing m

  5. Slide 5: FY22 Underlying Results

    FY22 Underlying Results Strong growth in performance fees Four core drivers: management fees, performance fees, commissions, & corporate overheads Gsm asm) | 38m Sse libel Revenues Paulas ning NES 338 925 148 PRS RSI eT a aicieec Nears Mi Me oon oe nal soon Eacensea ee Boutique performance fees 68 1

  6. Slide 6: PAC's Net Asset Value

    it PAC’s Net Asset Value PAC NAV Movement (A$) «Significant step up in NAV in FY22 due to GQG listing 600 2 ‘A$525m = Over last five years NAV has grown >19% per year. 500 10 * Step-up in NAV is most often associated with realization events (e.g. FY18 A$383m A$402m A$402m, sale of IML, FY19 sale of

  7. Slide 7: Portfolio Update

    PORTFOLIO UPDATE PACIFIC CURRENT GROUP

  8. Slide 8: 300% $86,700 250% $529 200% $2,371 150% $6,237 $5,436 100% $1,415 $4,021 $9,286 50%

    300% $86,700 250% $529 200% $2,371 150% $6,237 $5,436 100% $1,415 $4,021 $9,286 50% $2,157 $1,589 $15 0% -50% -100% -150% -200% -250% -300% -350% -400%

  9. Slide 9: Outlook

    OUTLOOK PACIFIC CURRENT GROUP

  10. Slide 10: PAC's Position Vs. Secular Trends

    PAC’s Position Vs. Secular Trends PACIFIC CURRENT GROUP. Trends Growth in alternatives Implications for PAC Vast majority of new investments are in faster growing private capital asset classes. Democratization of alternative assets Moving in this direction rapidly, Managers like Roc, Alti, and many

  11. Slide 11: Jun-21 Jul-21 Aug-21

    70% 60% ▪ 50% 40% 30% 20% 10% ▪ 0% -10% -20% -30% Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 S&P 500 ASX200 Financials MSCI World PAC ▪ ▪ ▪ ▪

  12. Slide 12: Operational Outlook

    Operational » Outlook iS progress a resilient PACIFIC CURRENT GROUP. Expect modest increases in expenses, primarily due to increased travel and increased compensation expenses, including commissions. PAC still expects an additional AS3b-A$5b of gross new allocations, ex GQG, in its portfolio investm

  13. Slide 13: Financial Outlook

    Financial Outlook PACIFIC CURRENT GROUP. PAC continues to expect solid revenue and profitability growth in FY23; however, decline in equity markets will obviously be felt, primarily through GQG and reduced 1H incentive fees for Victory Park. 1H23 is expected to show a notable increase in management

  14. Slide 14: Appendices

    APPENDICES PACIFIC CURRENT GROUP

  15. Slide 15: Pacific Current Overview

    Pacific. Current Overview Pacific Current is an ASX-listed, global, multi-boutique asset management business, which leverages its experience and resources to identify exceptional asset managers and help them grow. Shares on Issue 51,337,467 Market Cap (30 June 22) $354M 52-Week High $9.54 52-Week Lo

Pacific Current Group — Shareholder Meeting (November 2022) on 6ix