GQG Partners, Inc. · ASX:GQG
GQG Partners — H1 2022 Earnings Presentation
24 slides from GQG Partners's earnings presentation, Aug 11, 2022
Slide 1: Mid-Year Results
For personal use only Mid-Year Results
Slide 2: For personal use only
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Slide 3: Business Overview: Strategy Level Performance as at 30 June 2022
BUSINESS OVERVIEW Strategy Level Performance as at 30 June 2022 GOQG PARTNERS . International Equity Global Equity 24 20 19 4 1172 1238 1189 = 10 6.85 on 8.55 £9 621 7.00 671 2 136 250 73 3 2 fe) — = = - oe) | Ba — P40 = 1.60 6 149 19.42 A -20 ” 1575 lyear 3year 5 years ITD lyear 3year Syears nib m
Slide 4: Half Year Financial Results
For personal use only Half Year Financial Results
Slide 5: First Half of 2022 Actual Results vs. Proforma Forecast
GOQG PARTNERS First Half of 2022 Actual Results vs. Proforma Forecast Closing FUM' (USS billions) Average FUM'(USS billions) Net revenue (USS millions) Net operating income (USS millions) Net income after tax (US$ millions) Increased Revenue - Increased Margins $2227 51835 $2144 a - 1H2t 2H21 1H22 m
Slide 6: Consolidated Statements of Operations: Half Year Comparison
GOG FINANCIAL RESULTS PARTNERS Consolidated Staternents of Operations Consolidated Statements of Operations Commentary Half Year Comparison of June 2022 Results YOY Comparison 1H22 vs 1H21 Proforma and Comparison to Forecast P Net revenue for the first six months of 2022 was up 21.3% THe2 ws tH2t co
Slide 7: Consolidated Statements of Operations: 12 Months Ended June 2022
GOG FINANCIAL RESULTS PARTNERS Consolidated Statements of Operations Consolidated Statements of Operations: 12 Months Ended Commentary June 2022 Comparison of Results and Forecasted 12 Months Ended June 2022 Actual vs. Proforma Forecast* 12 Months Ended * Actual net operating income is above the for
Slide 8: Consolidated Statement of Financial Condition
GOG FINANCIAL RESULTS PARTNERS Consolidated Statement of Financial Condition Consolidated Statement of Financial Condition Commentary as of 30 June 2022 * Balance sheet remains strong with no debt and sufficient working USSM 30-June-22 capital. The primary use of GQG's cash continues to be working c
Slide 9: Consolidated Statement of Cash Flows
GOG PARTNERS Consolidated Statement of Cash Flows for the Six Months Ended 30 June 2022 and 2021 USSM 1H22 1H21 Net income after tax 125.3 146.4 Depreciation 02 - Net gain on investments in funds 05 (0.5) Deferred tax asset 71 - Non-cash compensation expense 23 = Non-cash lease expense 03 - Change i
Slide 10: Business Update
For personal use only Business Update
Slide 11: FUM, Flows, and Investment Performance
For personal use only FUM, FLOWS, and Investment Performance
Slide 12: Operational Value Add
GOG BUSINESS OVERVIEW rannuess Operational Value Add Estimated YTD Impact of Investment Returns and Net Flows on Ending FUM (USS Billions) GQG Partners FUM!(USS$ bn) 31-Dec-21 FUM 91.2 91.2 2 YTD Net Flows 63 63 +63 Estimated YTD Performance 10.8 “17.9 474 30-Jun-22 FUM 86.7 79.5 413.4 $13.4bn $7.1b
Slide 13: For personal use only
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Slide 14: eVestment Views: Leading Indicator
GOG BUSINESS OVERVIEW PARTNERS eVestment Views: Leading Indicator eVestment View Count and Distribution Impact Score as of 30 June 2022 GQG Partners Global GQG Partners International GQG Partners Strategies GQG Partners EM Equity GQG Partners US Equity Equity Equity eVestment 1-Year View Count 1,740
Slide 15: For personal use only
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Slide 16: For personal use only
For personal use only 1.0 0.8 0.6 0.4 0.2 0.0 -0.2 -0.4 -0.6 -0.8 -1.0 25 15 5 -5 -15 -25
Slide 17: Funds Under Management
GOQG PARTNERS FUMt by Strategy (US $ Billions) 31.0 264 23.3 mEmerging Markets minternational mGlobalEquity mUS Year over Year Net Flow Growth by Channel (US $ Billions) 54 49.8% 19.3% 3.0% Wholesale Sub-Advisory Institutional BUSINESS OVERVIEW Funds Under Management FUMt by Channel FUMt by Geograph
Slide 18: Funds Under Management: Rollforward of FUM
GOG PARTNERS Rollforward of FUM (USS Billions) BUSINESS OVERVIEW Funds Under Managementt BY YEAR 2019 2020 2021 20221H Beginning FUM 17.6 307 67.0 912 Net Flows 76 253 74 63 Performance 55 11.0 7A 10.8 Ending FUM 307 67.0 91.2 867 QUARTERLY NET FLOWS 1921 2Q21 3Q21 4Q21 1Q22 2Q22 1H22 L™ Wholesale 1
Slide 19: For personal use only
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Slide 20: Investment Environment
For personal use only Investment Environment
Slide 21: Conclusion
GOG CONCLUSION PARTNERS We are passionate about investing We will always endeavour to grow, learn, adapt and attain a competitive advantage in our markets We are the caretakers of peoples’ futures We strive to deliver sustainable high-performance outcomes with lower absolute volatility through many
Slide 22: Question Time: Management Team
GOG QUESTION TIME PARTNERS Management Team RAJIV JAIN TIM CARVER MELODIE ZAKALUK Chairman & Chief Executive Officer Chief Financial Officer Chief Investment Officer AS AT 30 JUNE 2022 21
Slide 23: Important Information
GOG PARTNERS The information provided in this document does not constitute investment advice and no investment decision should be made based onit. Neither the information containedin this document orin any accompanying oral presentation is a recommendation to follow any strategy or allocation In add
Slide 24: Benchmark Descriptions
GOG PARTNERS The MSCI All Country World ex USA Index (MSCI ACWI ex USA) is anintemational equity index that excludes securities from the United States. The index tracks stocks trom 22 developed and 27 emerging markets countries Developed countries include: Australia, Austria, Belgium, Canada, Denmar