Salter Brothers Emerging Companies Ltd. · ASX:SB2
Salter Brothers Emerging Companies — Investor Presentation (October 2025)
12 slides from Salter Brothers Emerging Companies's investor presentation, Oct 23, 2025
Slide 1: Salter Brothers Emerging Companies Limited Webinar
WEBINAR For personal use only SA LTE R B ROTH E R S EMERGING COMPANIES LIMITED (ASX CODE: SB2)
Slide 2: Important – General Information and Disclaimer
IMPORTANT – GENERAL INFORMATION AND DISCLAIMER This document has been prepared by Salter Brothers Funds Management Pty Ltd ACN 608 295 683 (SBFM), a This document is being provided to you on the basis that you are, and you represent and warrant that you are, a corporate authorised representative of
Slide 3: Contents
CONTENTS 1. Executive Summary For personal use only 2. Industry Review 3. Investment Case – MCA 4. Investment Case – AIM 5. SB2 Portfolio Positioning 6. Discount Opportunity 7. SB2 Independent Review 8. Q&A 9. Contacts S A L T E R B R O T H E R S | E M E R G I N G C O M P A N I E S L I M I T E D | O
Slide 4: Executive Summary
1. EXECUTIVE SUMMARY › Salter Brothers is a global diversified alternative investments manager with over A$4.5 billion of group assets under For personal use only management. › Salter Brothers Emerging Companies Limited (ASX–SB2) is a professionally managed listed investment company (LIC), dedicated
Slide 5: Industry Review
2. INDUSTRY REVIEW Industries 3 month performance › The past 3 months of trading has seen a significant divergence 130 ASX: XSI across industries. Small resources ASX: XSR have outperformed the broader For personal use only 125 ASX:XNJ market rising 23.3% in the 3 months 120 ASX:XJR to September and
Slide 6: Investment Case - MCA
3. INVESTMENT CASE - MCA Share Price Market Cap $1.10* $135m* Summary › Murray Cod Australia is an inland aquaculture company that operates a vertically integrated business, breeding, growing and selling high quality sustainable Aquna For personal use only Murray Cod. › Salter Brothers participated
Slide 7: Investment Case - AIM
4. INVESTMENT CASE - AIM Share Price Market Cap $0.845* $176m* Key Drivers › Ai-Media, a global leader in AI-powered captioning, transcription, and translation, delivers its solutions through the Lexi platform, enabling real-time media accessibility For personal use only across broadcast, government
Slide 8: SB2 Portfolio Positioning
5. SB2 PORTFOLIO POSITIONING Key Holdings Market Cap Sector Company Description 1. Ai-Media Technologies Ltd Provider of live and recorded captioning, transcription, subtitles, translation, and speech analytics $175m Business Software (ASX:AIM) using a proprietary, cloud-based technology platform. F
Slide 9: Discount Opportunity
6. DISCOUNT OPPORTUNITY Steps to Narrow the NTA and Share Price Gap: Discount Comparison For personal use only › SB2 is currently trading at a ~ 33% discount to it’s Post-Tax NTA as at the 30th September. 1.06 › SB2 maintains an ongoing commitment to on market share buy backs. -33% › Salter Brothers
Slide 10: SB2 Independent Review
7. SB2 INDEPENDENT REVIEW For personal use only Salter Brothers is pleased to announce that we have received a rating from SQM, one of Australia’s Premier Research Houses. The report can be accessed by wholesale investors and licensed financial advisors. For a copy, please follow this link SB2 Ratin
Slide 11: Q&A
For personal use only &A Q&A Q S A L T E R B R O T H E R S | E M E R G I N G C O M P A N I E S L I M I T E D | OCTOBER 2 0 2 5 11
Slide 12: Contact Us
CONTACT US Gregg Taylor Head Office Investment Director Level 9, 477 Collins St For personal use only & Head of Equities Melbourne VIC 3000 Australia E | gregg.taylor@salterbrothers.com.au Sydney Office Level 36, 264 George St Yossi Kraemer Sydney NSW 2000 Australia Co‑head Capital Partnerships Bris
Salter Brothers Emerging Companies — Investor Presentation (October 2025) on 6ix