Earnings release
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Q1 FY27 Funds under Administration (FUA) Update ASX Release: 14 October 2026 Key results to 30 September 2026 Praemium reports its funds and flows for the quarter to 30 September 2026. All figures are unaudited with growth rates from 30 September 2025, unless specified. • Platform FUA: Up 7.4% to $34.4 billion including quarterly net flows of $274 million. • Cash Management Holdings: $1,838 million (5.3%of FUA) • Scope and Scope+ Non-custodial Portfolios: Portfolios down 5.2% to 57,295 which incorporates the Scope+ administration portfolios up 30.7% to 12,856. • Scope+ Non-custodial Portfolio Administration: FUA up 30.3% to $45.5 billion. Platform FUA growth Praemium generated positive net flows in the first quarter of FY27, supported by continued adviser interest and demand for Spectrum. Flows eased from the strong levels recorded in recent periods, reflecting softer industry inflow conditions across the wealth management sector. Platform FUA increased to $34.4 billion, up 7.4% on the prior corresponding period, while Praemium continued to generate positive net flows with Spectrum benefiting from new client onboarding activity during the quarter, together with additional net inflows from existing clients expanding their use of the solution. Non-custodial portfolio software and administration Scope+ FUA grew 30.3% on the prior corresponding period, to $45.5 billion. The number of portfolios administered through Scope was 57,295, down 5.2%. Within this total, the full outsourced administration service, Scope+ grew 30.7% to 12,856 portfolios. Scope+ represented 22.4% of all Scope portfolios at 30 September 2026, up from 16.3% at 30 September 2025, demonstrating increased adoption of the full outsourcing capability. The Bell Potter transition to Scope+ is now fully complete, with portfolio numbers exceeding the initial target and funds under administration onboarded as planned, while the relationship continues to expand across additional Praemium solutions.
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Quarterly Statistics Platform FUA Movement ($m) Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 Growth on pcp Opening Platform FUA 30,673 31,995 32,537 32,212 33,978 10.8% Total inflows 2,174 2,010 1,815 2,133 1,784 (17.9%) Total outflows (1,624) (1,548) (1,217) (1,817) (1,510) (7.0%) Net flows 550 462 598 316 274 (50.2%) Net Flow % of opening FUA 1.8% 1.4% 1.8% 1.0% 0.8% Closing Platform FUA 31,995 32,537 32,212 33,978 34,353 7.4% Scope+ 34,968 37,940 41,486 43,896 45,547 30.3% TOTAL FUA 66,963 70,477 73,698 77,874 79,899 19.3% Non-custodial Portfolios Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 Growth on pcp Scope 60,419 61,881 58,783 56,513 57,295 (5.2%) Scope+ 9,835 10,696 11,969 12,793 12,856 30.7% This announcement is authorised by the Board of Praemium Limited. For further information , contact Denis Orrock, Acting CEO, or Emma Stepcic, CFO, at investors@praemium.com or on 1800 571 881. About Praemium Praemium empowers Australia’s leading financial advisers with innovative investment, administration, and retirement solutions designed for Australia’s wealthiest investors. Praemium’s solutions provide seamless access to global markets, alternative assets, and over 350 integrated SMAs. With advanced technology and unrivalled reporting, Praemium enables advisers to manage, report, and administer complex and sophisticated wealth portfolios, with a digitised view of total wealth. From outsourced administration of non-custody assets to superannuation solutions, Praemium delivers a complete wealth management platform that drives superior results. Praemium Limited (ABN 74 098 405 826), Level 19, 367 Collins Street, Melbourne VIC 3000 Australia