Earnings release
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1 ASX Release: 20 January 2026 HUB24 Platform delivers record $5.6 billion net inflows in Q2 FY26 Q2 FY26 Highlights • Record quarterly Platform net inflows of $5.6 billion (up 2% on pcp and up 42% excluding large migrations)1 • Record half-year Platform net inflows in 1HFY26 of $10.7 billion (up 13% on pcp) • Total Funds Under Administration (FUA) reached $152.3 billion as at 31 December 2025 (up 26% on pcp), comprising Platform FUA of $127.9 billion (up 29% on pcp) and Portfolio, Administration and Reporting Services (PARS) FUA of $24.4 billion (up 11% on pcp) • HUB24 Platform ranked first for quarterly and annual net inflows2 • Announced development of an Innovative Lifetime Retirement Solution (IRIS) with TAL • Commenced development of myhub leveraging HUB24 Group capabilities to address productivity challenges for advice practices Platform net inflows and FUA HUB24 delivered strong growth in Q2 FY26, with Platform FUA increasing 5% over the quarter to $127.9 billion (up 29% on pcp). This was driven by record net inflows of $5.6 billion, up 2% on pcp (up 42% excluding large migrations), and positive market movements of $0.4 billion.1 During the quarter, 34 new distribution agreements were signed and the total number of advisers using the platform increased to 5,277 (up 8% on pcp). In the latest available Plan for Life data, HUB24 ranked first for quarterly and annual net inflows for an eighth consecutive quarter. HUB24 also achieved the largest quarterly and annual market share gains of all platform providers, increasing market share to 9.3% as at 30 September 2025 (up from 7.9% in the pcp), and is ranked the sixth largest platform by FUA.2 HUB24 continues to invest to deliver innovative solutions that enable advisers to support a range of clients throughout their life stages which is expanding our reach and supporting increased net inflows. Private Invest, a high-net-worth solution launched in Q4 FY25, is resonating with advisers and has seen strong initial uptake, with FUA approaching ~$300 million. Record half-year net inflows of $10.7 billion in 1HFY26 reflects HUB24’s continued market leadership, focus on delivering customer service excellence, and the strength of our relationships. Demand from licensees and advisers continues to provide a solid pipeline of opportunities from both new and existing client relationships. PARS FUA At 31 December 2025, PARS FUA was $24.4 billion (up 11% on pcp) with the number of PARS accounts at 9,019 (up 4% on pcp). For personal use only
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2 Platform statistics* Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Growth on pcp Platform FUA $98,868m $102,508m $112,720m $121,967m $127,915m 29% PARS FUA $22,034m $21,617m $23,655m $24,494m $24,386m 11% Total FUA $120,902m $124,125m $136,375m $146,461m $152,301m 26% Platform Flows Platform net inflows $5,457m $4,944m $5,318m $5,156m $5,580m 2% Platform gross inflows $8,131m $7,615m $8,901m $8,879m $9,255m 14% Platform FUA composition Retail 86% 86% 87% 88% 88% Institutional 14% 14% 13% 12% 12% Platform advisers Active advisers 4,886 5,015 5,097 5,229 5,277 8% * Statistics are for each quarter, have been rounded and are not audited. Platform FUA refers to custodial administration services and PARS FUA refers to non -custodial administration services. Total FUA ($ billions) Platform average monthly flows ($ millions) For personal use only
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3 Class and NowInfinity statistics The number of accounts across Class Super, Class Portfolio and Class Trust as at 31 December 2025 was 219,973 (up 5% on pcp). Document Orders on NowInfinity increased to 231,577 (up 16% on pcp) with the number of companies using Corporate Messenger increasing to 904,344 during the quarter (up 10% on pcp). Metrics Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Growth on pcp No. of accounts* 210,414 213,265 215,675 217,386 219,973 5% Document orders** 200,440 204,418 214,107 223,865 231,577 16% Companies on Corporate Messenger*** 818,486 832,949 852,217 883,095 904,344 10% * Number of Class accounts at the end of each quarter consists of Class Super, Class Portfolio and Class Trust accounts. ** Documents paid for by PAYG and subscription customers during the last 12 months. *** Number of active companies at the end of each quarter. Business update Strong momentum in 1HFY26 reflects continued opportunities for growth driven by ongoing demand for professional advice in addition to industry transformation. HUB24 remains committed to investing to deliver our strategy to capitalise on these opportunities and further enhance our market leading proposition. HUB24 Platform During the quarter, HUB24 announced the development of a lifetime retirement solution with TAL, expanding the range of retirement offerings available on platform and enabling advisers to deliver their clients greater financial confidence and security throughout retirement. Scheduled for launch in 2HFY26, the solution will meet the requirements of an IRIS, delivering income for life, the benefits of an account-based pension, and provide access to concessional Centrelink asset test treatment. HUB24 continued to deliver platform enhancements that drive productivity and efficiency for advisers and their clients. This included a market-leading enhancement to our in-specie transfer capability to digitise and streamline the transfer of assets to the HUB24 platform. The new capability will drive efficiencies for advisers, greater transparency through the transition process, and an improved client experience. Additionally, to increase flexibility in retirement income, clients can now select more frequent pension payment options and request preferred payment days. Engage, our market-leading reporting solution was enhanced during the quarter to provide advisers greater flexibility and efficiency in customising reports and delivering insights to their clients. Recent updates include group reporting for multiple accounts and the introduction of additional reporting capability and templates, enabling advisers to produce highly tailored, visually engaging reports that deliver deeper insights and elevate the client experience. For personal use only
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4 myhub During the quarter, HUB24 showcased a prototype of myhub – an ecosystem concept co-designed with financial professionals, that provides access to leading advice technology solutions and leverages AI-powered natural language prompting to address the productivity challenges for advice practices. myhub will provide the flexibility to integrate with applications developed or preferred by licensees and advice practices. The ecosystem will incorporate HUB24 Group capabilities – including the HUB24 platform, Class, and myprosperity – alongside services and solutions from third-party providers such as Finura’s Advice Designer, in which HUB24 has announced a minority investment. A pilot will be launched for myhub in 1HFY27. HUB24 Super trustee HUB24 intends to transition the role of the trustee for the HUB24 Super Fund into the HUB24 Group (subject to APRA and other regulatory approvals). When HTFS Nominees Pty Limited, the current trustee and a subsidiary of EQT Holdings Limited (EQT) was appointed, an agreement between the EQT and HUB24 groups was entered into providing a strategic option to enable the HUB24 Group to acquire the trustee entity, with due diligence underway. HUB24 will provide further updates as this progresses. ---------------------------------------------------------------------------------------------------------------------------------------- 1. There were no large migrations in Q2 FY26. Large migrations in Q2 FY25 were $1.5 billion. 2. Plan for Life, Administrator View. Data for period ended 30 September 2025. For further information please contact: James Cordukes Fiona Harris Head of Investor Relations Senior Manager Media & Public Relations HUB24 Limited HUB24 Limited +61 419 228 822 +61 466 012 434 james.cordukes@hub24.com.au fharris@hub24.com.au For personal use only
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5 About HUB24 HUB24 Limited is listed on the Australian Securities Exchange, and includes the award-winning HUB24 Platform, Class, NowInfinity and myprosperity. The HUB24 Platform offers advisers and their clients a comprehensive range of investment options, including market-leading managed portfolio solutions, and enhanced transaction and reporting functionality. As one of the fastest growing platforms in the market, the platform is recognised for providing choice and innovative product solutions that create value for advisers and their clients. Class is a pioneer in cloud-based wealth accounting software and is recognised as one of Australia’s most innovative technology companies. Class delivers SMSF administration, trust accounting, portfolio management, legal documentation and corporate compliance solutions to financial professionals across Australia who depend on Class to drive business automation, increase profitability and deliver better client service. myprosperity is a leading provider of client portals for accountants and financial advisers, enabling streamlined service delivery, increased productivity and enhanced customer experience for finance professionals and their clients. This release is not financial product advice. Past performance is not indicative of future performance and any forward-looking statements in this release are not representations or guarantees as to future performance. This announcement was authorised for release to the market by the Disclosure Officer. For further information, please visit www.HUB24.com.au For personal use only