Q4 AuM update and Notice of results

About this update from Premier Miton Group Plc

Premier Miton Group plc ('Premier Miton', 'Group' or the 'Company') Q4 AuM update and Notice of results   Premier Miton Group plc (AIM: PMI) today provides an update on its unaudited Assets under Management ('AuM') as at 30 September 2025, covering the fourth quarter of its financial year (the 'Quarter' or 'Period').   ·      AuM of £10.3 billion as at 30 September 2025 (30 September 2024: £10.7 billion) ·      Strong net inflows into absolute return and fixed income strategies ·      Net outflows of £191 million during the Quarter ·      Additional £2 million in annualised cost savings identified   Mike O'Shea, Chief Executive Officer, commented:   "We saw encouraging momentum in our fixed income and absolute return strategies during the Quarter, with combined net inflows of £325 million. This reflects growing investor confidence in our approach to capital preservation and delivering strong returns. We also have a robust pipeline of new business building across these areas.   "However, we experienced combined outflows of £347 million from our US and European equity strategies. While this presents a near-term challenge, we remain confident in the long-term focus of these funds. Our diversified and genuinely active asset management model gives us confidence in returning the overall business to net inflows, assuming stable or improving market conditions in 2026.   "On leadership, I am pleased to announce key changes to our equity investment team, effective immediately. Paul Marriage will become head of the UK Equity Team, bringing deep sector expertise and a strong performance track record. Neil Birrell will lead the Global Equity Team while continuing in his role as Chief Investment Officer. Gervais Williams will become Chair of our Equities Business, providing experienced oversight and continuity. These changes are designed to enhance performance through focussed portfolio management and improved team coordination , ultimately benefiting client outcomes.   "In April 2025, we announced annual cost savings of £3 million, the majority of which have now been delivered. We have identified a further £2 million in annualised savings to be delivered over the next 12 months. These include additional business efficiencies and a deeper integration with our main outsourced partners at Northern Trust, with one-off implementation costs of approximately £0.7 million. These efficiencies will help offset the impact of a weaker flow environment, should it persist in the near term. We remain focused on actively managing our cost base to support future shareholder returns.   "In parallel with operational improvements, we continue to explore strategic transaction opportunities to enhance shareholder value. We remain open to inorganic growth opportunities that could expand our scale, introduce new investment capabilities, or provide access to new client segments. While timing remains uncertain, our disciplined approach and proven track record position us well to identify and pursue attractive opportunities.   "As we enter our new financial year, we do so with a strong balance sheet, a focussed investment leadership team, enhanced operational efficiency and a clear path for growth, both organic and inorganic. We look forward to the coming year with confidence."     Assets under Management: On 30 September 2025, our AuM stood at £10.3 billion. A reconciliation of AuM and flows over the Quarter is below: Equity UK   Equity International Multi-asset Multi Manager Multi-asset Direct and Diversified Fixed Income Absolute Return Total £m £m £m £m £m £m £m AuM at 1 July 2025   1,762   2,794          1,019              1,715              2,224               955   10,469   Net flows (68)   (368) (58) (22) 193 132   (191)   Market/investment performance 14   (44) 10 41 33 (6) 48  AuM at 30 September 2025 1, 2 1,708    2,382 971 1,734 2,450 1,081 10,326   A reconciliation of AuM and flows over the year to 30 September 2025 is below:   Equity UK   Equity International Multi-asset Multi Manager Multi-asset Direct and Diversified Fixed Income Absolute Return Total £m £m £m £m £m £m £m AuM at 1 October 2024   1,910   3,274          1,132              1,727              2,062               578   10,683   Net flows (313)   (764) (221) (85) 277 488 (618)   Market/investment performance 111   (128) 60 92 111 15 261   AuM at 30 September 2025 1, 2 1,708   2,382 971 1,734 2,450 1,081 10,326   1  Comprising of 43 open-ended funds, two investment trusts and eight external segregated mandates   2 AuM and net flows are presented after the removal of AuM invested in other funds managed by the Group. At the Period end these totalled £278 million   Notice of results Premier Miton will issue its results for the financial year ending 30 September 2025 on 4 December 2025. ENDS For further information, please contact:   Premier Miton Group plc Mike O'Shea, Chief Executive Officer     01483 306 090   Investec Bank plc (Nominated Adviser and Broker) David Anderson / Ben Griffiths / St John Hunter       020 7597 4000   Camarco Geoffrey Pelham-Lane / Ben Woodford     07733 124 226 / 07990 653 341 KK Advisory Ltd Steve Keeling / Kam Bansil     020 7039 1901     Notes to editors: Premier Miton Investors is focused on delivering good investment outcomes for investors through relevant products and active management across its range of investment strategies, which include equity, fixed income, multi-asset and absolute return.   LEI Number: 213800LK2M4CLJ4H2V85  

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