Netwealth Group Ltd. · ASX:NWL
Netwealth — Merger or Acquisition (September 2026)
19 slides from Netwealth's merger presentation, Sep 15, 2026
Slide 1: Netwealth to acquire Paradino
Netwealth to acquire Paradino Unlocking capacity to deliver more advice to more Australians 15 September 2026 Disclaimer: This document is for general use. Modification of content is prohibited unless you have Netwealth’s express prior written consent.
Slide 2: Important notice and disclaimer
Important notice and disclaimer General Information only Information provided is general information presented in a summary format as at 15 No representation is made that any of these statements or forecasts will come to pass or September 2026 and is therefore not necessarily complete. This presenta
Slide 3: Acknowledgement of Country
Acknowledgement We acknowledge the Traditional Owners of the lands on which we work and live. of Country Our offices are located on the lands of the Traditional Owners of the Wurundjeri Woi-wurrung people of the Kulin Nation in Melbourne, the Turrbal and Jagera peoples in Brisbane, the Gadigal peopl
Slide 4: Acquisition summary and highlights
Acquisition summary and highlights Australia's first integrated AI powered advice and wealth management platform • Netwealth is acquiring Paradino, a leading AI advice automation and • Adviser cost <$5K p.a. with payback period <1 month productivity platform for Australian financial advisers. (befor
Slide 5: The Problem Paradino Solves
The Problem Paradino Solves 5 NWL Paradino Acquisition September 26 01
Slide 6: The AI imperative – delivering AI solutions is critical
The AI imperative – delivering AI solutions is critical As growth opportunities expand, adviser capacity becomes an increasing problem • Adviser growth is constrained, and we want to dramatically increase each adviser’s productivity Netwealth Position • This is part of our product Super FUA $0.6T in
Slide 7: Advice production: the key bottleneck to adviser efficiency
Advice production: the key bottleneck to adviser efficiency SOA/ROA production is perceived by advisers as the primary bottleneck within the advice process • Building efficiencies into business processes was rated the #2 challenge among 546 financial advisers surveyed Q164 Which stages of your advic
Slide 8: Increased efficiencies and exposure to core adviser workflows
Increased efficiencies and exposure to core adviser workflows Paradino delivers 38% growth efficiencies to advisers and expands Netwealth’s workflow capture from 10% to 50% of advisers’ time Nine Core Workflows of an Adviser Expanding exposure to key adviser • This gives Netwealth exposure to four P
Slide 9: Advice workflows are time-intensive and inefficient
Advice workflows are time-intensive and inefficient Paradino provides a modern and intuitive user experience that is easy to learn Paradino capability • Athena AI supports advice document preparation, client communications, meeting notes and related administration • File notes generated from recordi
Slide 10: Advice workflows are time-intensive and inefficient
Advice workflows are time-intensive and inefficient Paradino uses agentic AI to extract and structure data across workflows and client profiles Adviser Outcomes • Reduced document-preparation effort • More time for client. engagement and advice delivery • Greater capacity to support more clients 10
Slide 11: Advice workflows are time-intensive and inefficient
Advice workflows are time-intensive and inefficient Paradino creates Filenotes, ROA's and SOA's in minutes not hours 11 NWL Paradino Acquisition September 26
Slide 12: About Paradino
About Paradino 12 NWL Paradino Acquisition September 26 02
Slide 13: Paradino on a page
Paradino on a page 1 1 $29M $1.6M 535 336 <1% > 10 min 1 maximum total consideration ARR 2 Subscribers Advice businesses monthly churn to generate an SOA, vs (upfront + earn-out + retention) 6.6–14.6 hrs manually 3 Australian Advice Expertise Product People Business Model • Developed specifically fo
Slide 14: Paradino is the market leader in Australia
Paradino is the market leader in Australia • Approximately a fifth of surveyed advisers use a purpose-built AI tool for financial advice today • Of these the most popular tool is Paradino, used by 30% Q132 Which of the following AI tools does your practice currently use? Q133 Which advice-specific A
Slide 15: Strong customer adoption validates proposition
$’000 15 400 0 800 1,600 1,200 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 NWL Paradino Acquisition Dec-24 Jan-25 Paradino Monthly ARR Feb-25 Mar-25 September 26 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 200 300 400 500 0 100 600 Ju
Slide 16: Efficiencies creates value for advisers and Netwealth
Efficiencies creates value for advisers and Netwealth Illustrative economics per adviser Potential Netwealth opportunity Per Adviser +38% Efficiency With Full Efficiency NWL today +38% Efficiency With Full Efficiency today Clients 120 46 166 Clients 182,200 69,200 251,400 FUA $87M $33M $120M FUA $13
Slide 17: Transaction terms and financial expectations
Transaction terms and financial expectations Consideration Additional investment Netwealth will invest a further $10M over the next two years to accelerate delivery of Upfront — cash $15M the Paradino roadmap and scale its capability across the Australian advice market. Financial impact Upfront — Ne
Slide 18: Unlocking adviser capacity to meet growing demand for advice
Unlocking adviser capacity to meet growing demand for advice Accelerates our Unlocks adviser capacity Expands from platform Acquiring a proven Creating value for Dx30 ambition administration into market leader all stakeholders advice workflows Adviser capacity is a key Automates time-intensive Exten
Slide 19: Questions?
Questions? Disclaimer: This document is for general use. Modification of content is prohibited unless you have Netwealth’s express prior written consent.
Netwealth Group — Merger or Acquisition (September 2026) on 6ix