Magellan Financial Group Ltd · ASX:MFG
Magellan Financial — Shareholder Meeting (April 2026)
17 slides from Magellan Financial's shareholder meeting presentation, Apr 10, 2026
Slide 1: ASX Release: 2026 EGM Presentation and proxy summary
10 April 2026 ASX Release: 2026 EGM Presentation and proxy summary Please find attached the presentation slides and proxy summary for the 2026 Extraordinary General Meeting of Magellan Financial Group Ltd. This document was authorised to be given to the ASX by the Board of Directors. For further info
Slide 2: Extraordinary General Meeting: MFG and Barrenjoey proposed merger
Extraordinary General Meeting MFG and Barrenjoey proposed merger 10 April 2026
Slide 3: Important notice and disclaimer (1/3)
Important notice and disclaimer (1/3) General This presentation ("Presentation") has been prepared by Magellan Financial Group Ltd (ACN 108 437 592) ("MFG") in connection with its proposal to acquire all of the remaining issued capital in Barrenjoey Capital Partners Group Holdings Pty Limited (“Barr
Slide 4: Important notice and disclaimer (2/3)
Important notice and disclaimer (2/3) Forward-looking statements Some of the statements in this Presentation may be in the nature of forward-looking statements. Forward-looking statements or statements of intent in relation to future events in this Presentation should not be taken to be forecasts or
Slide 5: Important notice and disclaimer (3/3)
Important notice and disclaimer (3/3) No offer and foreign jurisdictions This Presentation has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States. This Presentation does not constitute an offer to sell, or a solicitation of an o
Slide 6: Chairman’s address
Chairman’s address Andrew Formica 5
Slide 7: Proposed merger of MFG and Barrenjoey
Proposed merger of MFG and Barrenjoey • Innovative financial services group with $40 billion in assets under management1 • Global distribution capabilities across three continents covering institutional, high net worth, advised and direct retail clients • Institutional grade platform to support inve
Slide 8: MFG today
MFG today An innovative financial services group 46%2 Magellan Investment Partners Strategic Partners 100% 100% 100% 28% 16% LTM1 PBT contribution: $178m LTM1 share of NPAT contribution: $32m = [1] LTM refers to the twelve-month period ended 31 December 2025 [2] As of the date of this presentation,
Slide 9: MFG post-merger
MFG post-merger Business operations unchanged, MFG increases ownership of Barrenjoey to 100% 100%2 Magellan Investment Partners Strategic Partners 100% 100% 100% 28% 16% LTM1 PBT contribution: $178m LTM1 PBT: $139m = 8 [1] LTM refers to the twelve-month period ended 31 December 2025 [2] Pending sati
Slide 10: Diversified revenue base across complementary businesses
Diversified revenue base across complementary businesses Annuity-style revenue Transaction based revenue Investment Management Markets Advisory Capital Markets • $45bn assets across listed • #1 Equity Sales House • #1 in ASX-listed M&A • #1 in Australian Equity equities, private credit, private Cris
Slide 11: Valuation
Valuation The proposed Merger implies a value of $1,616 million for Barrenjoey (on a 100% basis) • The MFG Board has primarily assessed the valuation of Barrenjoey on a discounted cash flow basis and through analysis of the relative contribution to the Key metrics combined group. As part of its asse
Slide 12: Market reaction post announcement
Market reaction post announcement Relative share price performance of acquirer or larger merger partner vs ASX200 (1 week % change post transaction announcement)1 33% 30% • Benchmarking acquisitions / 13% 15% 15% 16% 17% mergers >$1.5bn over the last 9% 9% 10 years highlights the 2% 2% 2% 3% 4% posi
Slide 13: Share Purchase Plan (SPP)
Share Purchase Plan (SPP) The SPP scale back was applied using a structured approach, consistent Example of SPP scale back allocation with standard market practice for oversubscribed SPPs. 1. Minimum allocation applied to all eligible participants. A minimum Number of shares held as Amount applied f
Slide 14: A compelling case for MFG shareholders, clients and staff
A compelling case for MFG shareholders, clients and staff • Combine deep expertise in public, private and alternative markets with global distribution Business diversification to accelerate growth in a diversified range of investment management solutions • Continuing to put the clients at the centre
Slide 15: 2026 Extraordinary General Meeting
2026 Extraordinary General Meeting
Slide 16: Item 1. Approval to issue Consideration Shares to the Barrenjoey Parties and an affiliate of Barclays
Item 1. Approval to issue Consideration Shares to the Barrenjoey Parties and an affiliate of Barclays “That the issue of 106,838,520 fully paid ordinary shares by MFG to the Barrenjoey Parties and an affiliate of Barclays on completion of MFG’s proposed acquisition of all of the issued capital in Ba
Slide 17: Thank you
Thank you 16
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