Pinnacle Investment Management Group Limited · ASX:PNI

Pinnacle Investment Management — 2025 Pinnacle Investment Summit – Ideas to Alpha

16 slides from Pinnacle Investment Management's conference presentation, July 2025

  1. Slide 1: Alpha today. An Edge for Tomorrow.

    PLATO GLOBAL ALPHA 2025 PINNACLE INVESTMENT SUMMIT – IDEAS TO ALPHA Alpha today. An Edge for Tomorrow. 1

  2. Slide 2: Plato Investment Management

    Plato Investment Management HIGHLIGHTS • Founded in 2006, $20.0bn. AUM* • Majority employee owned • 15-person strong • Backed by Pinnacle investment team $ 155.4 bn. AUM** • 20 years average • 100+ staff across experience support functions *30/06/2025, **31/12/2024 2

  3. Slide 3: Plato Global Alpha Fund

    Plato Global Alpha Fund • Global equities core solution • 150% long / 50% short / 100% market exposure • 23.98% p.a. since inception, outperformed MSCI World by 12.35% p.a. • All-weather approach, downside capture only 65% *Source: Citigroup, June 30, 2025, all returns are net of A class fees. Incep

  4. Slide 4: Significantly outperforming market and peers

    Significantly outperforming market and peers Returns (%) Source: Bloomberg, June 30, 2025. Net of A class fees since inception. Past performance is not a reliable indicator of future performance. Morningstar World Large Cap universe 4

  5. Slide 5: Cumulative excess returns vs. benchmark

    JP Morgan Europe Equity Plus (130/30) 250 100% Total returns, JP Morgan Europe Equity Plus Active returns, JP Morgan Europe Equity Plus Fund, 2007-16 80% Fund & 40 Largest European Equity Funds* Cumulative excess retunrs vs. benchmark 200 JPM Europe Equity 4% Annualised alpha 60% 150 40% 20% 100 0%

  6. Slide 6: The best of Value, Growth, and Quality

    The best of Value, Growth, and Quality VALUE EXAMPLE (BANKS) GROWTH EXAMPLE (AUTOS) QUALITY EXAMPLE (DEFENCE) • 15x PE (FY25), 2.4x PB • 50% higher free cash flow • Massive defence spending • 30% higher net interest than Tesla in uncertain world margin than CBA • 35% higher growth than Tesla • Up 51

  7. Slide 7: Performance not tied to any one environment

    Performance not tied to any one environment TARGETING ALL-WEATHER ALPHA Plato Global Alpha excess monthly returns (%) 3.5 Value / Bear market Growth / Bull market 3.0 2.5 2.0 net return (%) 1.5 1.0 0.5 0.0 -0.5 -1.0 -1.5 09/21 12/21 03/22 06/22 09/22 12/22 03/23 06/23 09/23 12/23 03/24 06/24 09/24 1

  8. Slide 8: 100+ Red Flags

    100+ Red Flags AVOID LANDMINES, IDENTIFY DISTRESSED COMPANIES 16 Red Flags CEO selling stock into weakness, very poor board Annual return Performance of Red Flags quality, very poor governance quality, high and 15 increasing short interest, extreme growth projections, Large growth in payables days,

  9. Slide 9: Long and short alpha contribution

    Long and short alpha contribution Returns (%) 35 Long and Short alpha contributions (%) since inception Long contribution (%) Short contribution (%) 30 25 20 15 10 5 0 -5 -10 09/21 03/22 09/22 03/23 09/23 03/24 09/24 03/25 Source: Bloomberg, June 30, 2025. Factset. Past performance is not a reliable

  10. Slide 10: Plato Momentum vs. the industry standard

    Plato Momentum vs. the industry standard PLATO PROPRIETARY MOMENTUM FACTOR Cumulative value 256 Plato Momentum vs. BARRA and Conventional Momentum • Tailored to avoid the poor performance at 128 Plato Momentum BARRA Momentum inflection points 12m-1m 64 • Three times the risk-adjusted returns of 32 i

  11. Slide 11: PRISM (Plato Risk Information System)

    PRISM (Plato Risk Information System) PROPRIETARY RISK ANALYTICS Source: PRISM, June 3, 2025 “96 daily stress tests, minimise drawdowns” 11

  12. Slide 12: Performance

    Performance PERFORMANCE SINCE LAUNCH Plato Global Alpha annualised performance Upside and downside capture 30% 130% 127% 23.98% 120% 25% 110% 20% 100% 15% 11.63% 12.35% 90% 10% 80% 5% 3.38% 70% 65% 0% 60% Plato Global Alpha MSCI World Excess Tracking error Upside capture Downside capture Source: Pla

  13. Slide 13: Ratings and platform availability

    Ratings and platform availability 13

  14. Slide 14: Access Plato strategies on the ASX

    Access Plato strategies on the ASX Plato Global Alpha Complex ETF (ASX:PGA1) Plato Global Plato Income Alpha Complex Maximiser ETF ASX Ticker PGA1 PL8 Strategy September 2021 September 2011 inception • Ticker: PGA1 ASX listing date 25 November 2024 5 May 2017 • Strong Performance Asset Class Global

  15. Slide 15: Solutions for Equity Income & Core Global Equity Allocations

    Solutions for Equity Income & Core Global Equity Allocations Plato Australian Shares Income Regular dividend 9%+pa income (after Well diversified, avoid Fund & income & franking fees including franking) dividend traps, red for retirees since inception* flags Plato Income Maximiser Limited (ASX: PL8)

  16. Slide 16: Get in touch

    Get in touch ➢ plato.com.au ➢ distribution@pinnacleinvestment.com ➢ Plato Investment Management on Linkedin 16

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