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Q2 2026 Investor Presentation August 6th , 2026 ABACUS GLOBAL MANAGEMENT , INC . NYSE | ABX
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Disclaimer General. This presentation (this “Presentation”) is provided solely for informational purposes. This Presentation is subject to update, completion, revision, verification and further amendment without notice. None of Abacus Global Management, Inc. (the “Company”, "Abacus", Abacus Global Management", "we", "our", or "us") or its affiliates has authorized anyone to provide interested parties with additional or different information. The information contained herein does not purport to be all inclusive or contain all of the information that may be required to make a full analysis of the Company. Viewers of this Presentation should each make their own evaluation of the Company and of the relevance and adequacy of the information and should make such other investigations as they deem necessary. Nothing herein shall be deemed to constitute investment, legal, tax, financial, accounting or other advice, and you should consult with your own attorney, business advisor and tax advisor as to legal, business, tax and other matters related hereto. No representations or warranties, express or implied, are given in, or in respect of, this Presentation. To the fullest extent permitted by law, in no circumstances will the Company or any of its respective subsidiaries, stockholders, affiliates, representatives, partners, directors, officers, employees, advisers or agents (collectively, the “Representatives”) be responsible or liable for any direct, indirect or consequential loss or loss of profit arising from use of this Presentation, its contents, its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith. Forward-Looking Information. This Presentation contains forward-looking statements within the meanings of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, as amended. All statements contained in this Presentation that do not relate to matters of historical fact should be considered forward-looking statements, including statements relating to predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are inherently subject to risks and uncertainties. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential", or "continue" or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements are identified by these terms or expressions. In addition, statements that "we believe" and similar statements reflect management's beliefs and opinions on the relevant subject. These statements are based upon information available to management as of the date of this presentation, and while management believes such information forms a reasonable basis for such statements, such information may be limited or incomplete, and such statements should not be read to indicate that management has conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. Management has based these forward-looking statements largely on their current expectations and projections about future events and financial trends that management believes may affect the Company's business, financial condition and results of operations. The Company may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements. In light of these assumptions, risks and uncertainties, the results and events discussed in the forward-looking statements contained in this Presentation by reference might not occur. You should review this Presentation completely and with the understanding that the Company's actual future results may be materially different from what management expects and you should not place undue reliance on the forward-looking statements, which speak only as of the date of this Presentation. Except as required by applicable law, the Company does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise. Financial Information. Some of the financial information and data contained in this Presentation are unaudited and do not conform to Regulation S-X. Such information and data may not be included in, may be adjusted in or may be presented differently in the annual report on Form 10-K and quarterly reports on Form 10-Q, filed by the Company. Except as otherwise noted, all references herein to full-year periods refer to the Abacus Companies’ fiscal year, which ends on December 31. You should review the Company’s audited financial statements, which are filed with the SEC. This Presentation includes certain financial measures not presented in accordance with generally accepted accounting principles in the United States ("GAAP"), which are used by management as a supplemental measure, have certain limitations, and should not be construed as alternatives to financial measures determined in accordance with GAAP. The non-GAAP measures as defined by us may not be comparable to similar non-GAAP financial measures presented by other companies. Our presentation of such measures, which may include adjustments to exclude unusual or non-recurring items, should not be construed as an inference that our future results will be unaffected by other unusual or non-recurring items. Reconciliations to the most directly comparable GAAP measures are provided in this Presentation in the Appendix. Industry And Market Data. Market data and industry information presented throughout this Presentation are based on management's knowledge of the industry and the good faith estimates of management. Management also relied, to the extent available, upon management's review of independent industry surveys and publications and other publicly available information prepared by a number of third-party sources. All of the market data and industry information used in this Presentation involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. Although we believe that these sources are reliable, we cannot guarantee the accuracy or completeness of this information, and we have not independently verified this information. While we believe the estimated market position, market opportunity and market size information included in this Presentation are generally reliable, such information, which is derived in part from management's estimates and beliefs, is inherently uncertain and imprecise. No representations or warranties are made by the Company or any of its affiliates as to the accuracy of any such statements or projections. Projections, assumptions and estimates of our future performance and the future performance of the industry in which we operate are necessarily subject to a high degree of uncertainty and risk due to a variety of factors, including those described above. These and other factors could cause results to differ materially from those expressed in our estimates and beliefs and in the estimates prepared by independent parties. 2
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Abacus Global Management Overview Established in 2004, Abacus is a global alternative asset manager, revolutionizing financial services through expert asset management and data-driven lifespan insights Technology-First Approach leveraging proprietary, data-driven insights for innovative solutions ~325 Employees between origination, asset management, wealth management, and technology ~$3.5 Billion in AUM1 across longevity-based assets and a suite of ETF solutions 20+ Years of track record 31 Estimated gross AUM of Longevity Funds, Abacus FCF Advisors, and the ABX Balance sheet as of June 30, 2026 Multi-Strategy Platform 15+ funds administered across 6+ investment strategies
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20+ Years of Growth Key Milestones at a Glance 2004 COMPANY FOUNDED $10B+ FACE VALUE PURCHASED 6 GLOBAL OFFICES/ REP LOCATIONS 30+ COUNTRIES REACHED 4 BUSINESS DIVISIONS 2004 Founded in NYC ~2010s National scale; Operating in 49 states Jul 2023 IPO on NASDAQ: ABL 2024 Asset Management & Tech Expansion Feb 2025 Rebranded to Abacus Global Management Dec 2025 Uplisted to NYSE: ABX 2019 JV with a $750B+ Global Asset Manager 4
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The Abacus Advantage: Four Verticals, One Vision Abacus Life Solutions The Foundation Originates assets for internal and other institutional funds Over $10B in face value transacted since inception Licensed provider in 49 states Works with 78+ institutional partners and over 30,000 financial advisors Generates consistent earnings while feeding the asset pipeline across verticals Abacus Intel The Competitive Moat AI-driven mortality verification—97% coverage with <1% error rate Designed to accelerate claims, prevent fraud, and optimize pension liabilities +220% YoY growth; 6.4M+ lives tracked across 100+ institutional systems Monetizing across insurance, pensions, and mortgage sectors Abacus Asset Group The Growth Engine Manages longevity funds and ETFs, delivering strong risk-adjusted returns through tailored investment strategies ~$3.2B in fee-paying AUM Liquid and illiquid strategies with quarterly distributions and long-term capital appreciation Abacus Wealth Advisors The Distribution Channel Designed to combine data, origination, and asset management to deliver tailored strategies Will optimize financial planning through lifespan metrics Expected to expand through internal leads and advisor networks Aims to merge technology and human advisory to deliver personalized wealth solutions 5
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Why Abacus? Three Pillars of Corporate Strategy Building Durable Value Through Market Leadership Dominant Player in Underpenetrated Market 1 Annual TAM: ~$224B1 Abacus Market Share: ~25%2 Industry Penetration: ~2-3%3 One of 10 active originators and a consistent industry leader4 20-Year data moat for pricing advantage High regulatory barriers protect position Exceptional Capital Efficiency 2 Book Turnover: 2.0x/year5 ROIC: 23%5 EBITDA Margin: 55%5 Scale without dilution: Life Solutions funds its own growth Flow/market-making business model, not balance sheet finance Balance sheet supports origination capacity for 2026 and beyond Fee Related Earnings = Multiple Expansion 3 Current Mix: ~13%5 Target Mix: 70% (5-Year Target) Impact: 2-3 points per 10% Asset Group: ~$3.2B AUM, generating recurring management fees Tech: 6.4M+ lives tracked, SaaS economics Wealth: 2026 launch, generating recurring advisory fees 1A Conning Strategic Study (2025) 2Approximate market share (The Deal 2024 League Table) 3Based on approximately $4-$5B of face value annually transacted for entire industry 4Active originator defined as purchasing over thirty secondary contracts based on data publicized by The Deal (2024) 5Data as of 06/30/2026 6
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Growth – Q2 2026 YoY Revenue Growth YoY Growth in Capital Deployed Total Capital Inflows2 Profitability – Q2 2026 Adjusted Annualized ROE1 Adjusted Annualized ROIC1 Adjusted EBITDA Margin1 62%30% $287M 23%25% 55% Abacus seeks to strategically enhance shareholder value through a multifaceted approach that includes robust financial performance, technological innovation, and strategic acquisitions Executing on Strategy 7 7 Maximizing Shareholder Value Financials Overview Q2 2026 Gross Revenue $73.0M Adjusted Net Income (Gross)1 $27.1M Adjusted EBITDA1 $39.9M Capital Deployed for Policy Purchases $197.9M Average Realized Gain on Policies Sold 25% ¹Non-GAAP Financial Measure. See reconciliations to nearest comparable GAAP measure in the Financial Appendix. 2Total gross capital inflows calculated across all Longevity Funds & Abacus FCF Advisors (ETF Strategies)
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Q3 2026 Guidance 8 Key Assumptions and Commentary Quarterly guidance aims to provide investors with greater visibility into the cadence of our results Reflects continued momentum across our divisions and strong longevity fund inflows Well-capitalized to support continued origination and fund growth Q3 2025 Actual ANI Q3 2026 Guidance ANI $23.6M $26M - $28M Actual Forecast Enhancing Near-Term Visibility Up to +19% Growth 1 Adjusted Net Income and EPS guidance are gross figures and are presented before tax effects. These measures have not been adj usted for estimated tax impact. Metric Q3 2025 Actual Q3 2026 Guidance Implied YoY Change (%) Adjusted Net Income (Gross)1 $23.6 million $26 million - $28 million Up to +19% Adjusted EPS (Gross)1 $0.24 $0.26 - $0.28 Up to +17%
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FY 2026 Guidance 9 Key Assumptions and Commentary Consistent longevity fund inflows reinforcing confidence in our full-year outlook Growing fee-related earnings driven by increasing AUM and strong institutional demand for uncorrelated, longevity-based assets Sustained execution across our divisions with disciplined capital allocation FY 2025 Actual ANI FY 2026 Guidance ANI $85.7M $100M - $106M Actual Forecast Positioned for Continued Growth Up to +24% Growth Metric FY 2025 Actual FY 2026 Guidance Implied YoY Change (%) Adjusted Net Income (Gross)1 $85.7 million $100 million - $106 million Up to +24% Adjusted EPS (Gross)1 $0.89 $1.00 - $1.05 Up to +18% 1 Adjusted Net Income and EPS guidance are gross figures and are presented before tax effects. These measures have not been adj usted for estimated tax impact..
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Divisions Recurring Revenue Divisions The Revenue Transformation Underway From Origination to Platform Life Solutions 88% 40% YTD 2028E Revenue Mix Evolution Key Growth Drivers by Division Technology <1% 5% YTD 2028E Wealth Advisors — 25% YTD 2028E Asset Group 12% 30% YTD 2028E 10 Securitization created third distribution channel, compressing capital costs and accelerating turnover Tertiary market expansion into institutional blocks and legacy UL opens $31B+ addressable market Accuquote integration expands digital DTC funnel, lowering acquisition costs Path to $5B+ AUM by YE 2026 through organic inflows and strategic fund launches Asset-Based Finance launch broadens product suite beyond pure longevity into adjacent asset - backed investments ETF platform expansion provides liquid complement to illiquid longevity strategies Cross-sell synergies across Abacus flywheel—origination, asset management, technology, and distribution reinforce each vertical Access to lifespan-based financial planning powered by 20 years of proprietary longevity data 10,000+ unmonetized consumer leads per month drive organic growth potential MVerify’s 97% coverage / <1% error rate positions Abacus Intel as mortality verification infrastructure layer across financial services—potential for platform-level economics Trial-to-paid lives conversion represents near-term revenue upside with minimal incremental cost, with a 2026 revenue target of $3M Expansion into pension administration services *Data as of 06/30/2026 30% 2030E 10% 2030E 30% 2030E 30% 2030E
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11 Abacus Life Solutions:: Policy Sourcing & Origination Abacus typically targets policies from individuals aged 70+ with $1M+ in face value Long-term relationships with 78+ institutional origination partners 120+ person origination team with 25+ sales members, assigned by channel Licensed / ability to operate in 49 States National TV Campaign with strong market saturation on major news channels including Fox, CNN, FBN, Bloomberg, and MSNBC Traditional life settlement sourcing via DTC, Broker and Agent channels 30,000+ Financial Advisors network for policy acquisition Market Opportunity Tertiary Market — $31.4 Billion2 Institutional policy sales, legacy Universal Life blocks & mortality risk-reduction Accelerated capital deployment with enhanced portfolio diversification & liquidity Market Tailwinds Secondary Market — ~$224 Billion2 U.S. 65+ population will rise from 63M (2025) to 75M (2034)2 Institutional appetite for low-correlated alternatives remains strong; alternatives AUM could reach $29.2T by 20292 Regulatory environment is stable; advisors face increasing fiduciary requirements encouraging settlement discussions 2 1”IMPACT FACTS: Life Insurance In Force” – ACLI 2024 Life Insurers Fact Book 2A Conning Strategic Study (2025) Life insurance represents one of the largest TAMs in alternative investments, with $14T1 in outstanding individual policies Metric YTD Total Policies Reviewed 50,958 Qualified Policies Reviewed 18,100 *Policies reviewed includes both Secondary and Tertiary Market activity. Data as of 06/30/2026.
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Abacus Asset Group: Longevity Funds Proven longevity leaders with long-standing track record across investment strategies and economic cycles 20-years of combined track record Over $10 billion in face value of policies transacted Over $6 billion in face value realized through maturities or sales ~$2.6 billion of fee-paying AUM across the longevity funds On-shore income funds 3-to-10-year structures with targeted quarterly distributions Off-shore total return funds 10-year structures returning capital as maturities occur 12 Metric Q2 2026 Capital Inflows $256.1M Management Fees1 $6.5M 1H 2026 — Delivered Surpassed $500M+ target; reached $544.2M Interval fund launched, now trading as ABXGX 1Includes both management and servicing fees across all longevity funds 2H 2026 — On Track 2nd securitization close targeted for Q3 Market-Linked Series longevity fund launching
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Direct whole-asset sales to institutional buyers seeking longevity exposure 20+ years of buyer relationships across asset managers, family offices, and insurers Competitive pricing from multiple bidders enhances margins Immediate liquidity enables rapid capital recycling Abacus Longevity Assets Distribution Strategy Diversified Capital Sources Drive Pricing Power and Liquidity Multiple Pathways to Institutional Capital 3 Channels 13 Institutional Sales1 Assets originated for Abacus-managed investment vehicles ~$2.6B AUM generating recurring management fees Longer hold periods capture full appreciation and realized gains Control over portfolio construction and risk management Managed Funds2 Structured products collateralized by longevity assets Expands addressable market to fixed-income and structured credit investors Enhanced capital efficiency through leverage on senior tranches Retained equity captures upside while diversifying funding sources Securitization3
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Abacus Asset Group: Policy Servicing— Ensuring Integrity & Timeliness Best-in-class capabilities for ourselves and our investors with full “trade-ready” asset control Multi-Fund Servicing: 15 Different Funds Customizable service levels for each fund’s unique requirements Policies Serviced 3,713 Active Portfolio Management 3,560 Insureds Comprehensive Tracking $7.7B Face Amount Total Coverage Managed Real-Time Reporting: Live Data + Monthly Reports Insured and policy status updates with comprehensive reporting Advanced Tracking: Mortality Verification Proprietary technology vertical for enhanced accuracy Expert Valuation Team: Continuous Oversight Dedicated team focused on ensuring precision and regulatory compliance 14 *Policy Servicing Data as of 06/30/2026
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Abacus Asset Group: Tokenization Bringing On-Chain Infrastructure to the $14 Trillion Life Insurance Asset Class Not a crypto strategy but financial infrastructure. An immutable, on-chain record of each policy's chain of title, liens, and cash-flow rights, making secondary life insurance more transparent, transferable, and investable. Extends Abacus's origination, servicing, and data infrastructure onto chain—accelerating the shift from an origination-led business to a recurring-fee asset-management platform. 100+ Policies already tokenized YE 2026 Full portfolio on-chain (target) Manual, off- chain Verifiable, on -chain 1 Originate Existing sourcing pipeline 2 Record on-chain Title, liens, cash-flow rights Transact Days, not weeks Service on-chain Automated by smart contracts 3 4 15
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Abacus FCF Advisors Assets Under Management Institutional Holders 70+$666M Unique FCF-Powered Systematic Strategies 9 Themes/Categories Covered 30+ Abacus Asset Group: Suite of ETF Solutions ABFL Abacus FCF Leaders ETF US Large Cap, Core, Inception: September 2016 ABOT Abacus FCF Innovation Leaders ETF US Growth, Disruptive Innovation, Inception: December 2020 ABLD Abacus FCF Real Assets Leaders ETF US Value, Inflation Hedge, Inception Date: December 2021 Source: Bloomberg, Abacus FCF Advisors, U.S. Bancorp. Data as of 06/30/2026. Abacus FCF Advisors is the Investment advisor to the FCF ETF’s. Abacus FCF Advisors is an investment adviser registered as such with the U.S. Securities and Exchange Commission ("SEC") pursuant to the Investment Advisers Act of 1940, as amended. Abacus FCF Advisors business is described in Form ADV, Part 1 and 2, which can be obtained from the SEC at https://adviserinfo.sec.gov/ or upon request. Investing involves risk. Principal loss is possible. Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the statutory and summary prospectuses, a copy of which may be obtained by visiting the Funds website. Please read the prospectus carefully before you invest. Securities are distributed by Quasar Distributors, LLC & Regional Investment Services, Inc, Member FINRA. 16 16 The Abacus Free Cash Flow Leaders Model focuses on the core factors of FCF-ROIC to generate returns from organic and sustainable sources: Prudent Capital Expenditure, High Cash Flow Margin, Strong Asset Turnover, and Low Accruals. Featured ETFs
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Abacus Intel Advanced Technology Powering Data- Driven Solutions 97% National coverage <1% False positive rate MVerify® is one validation engine—aggregating SSA, state vital records, obituary feeds, and other proprietary sources. Validate confirm mortality Resolve claims, fraud, liability Realize gains, confidence For pension funds, secondary life insurance, and longevity investors Validated mortalities = realized gains, reduced leakage, and higher confidence in projections. A data advantage that compounds across every position. 17
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Abacus Intel: Built to Scale YoY Increase in Lives Tracked+220% Government and Union Systems Now Using Abacus Intel 100+ Number of Lives Tracked – Abacus Intel Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Paid Lives 1.6M Unlocking New Revenue Channels From Insurance to Pensions 18 2.0M 2.6M In Trial 678k 2.8M 56k 128k 4.1M 6.4M High-probability Market Opportunities Market segment Estimated lives tracked Third-party administrator (TPA) 2,000,000 Public pension funds 1,600,000 Insurance 500,000 Union pension funds 400,000 Total addressable lives 4,500,000
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Abacus Wealth Advisors: LifeARC The Planning Problem Traditional financial planning treats every client like the statistical average—one longevity number, one generic plan. LifeARC changes the inputs. Instead of generic assumptions, it uses individualized longevity insights drawn from Abacus's proprietary actuarial data, decades of policy pricing history, and its lifespan modeling. Portfolio Duration Align asset allocation to personalized time horizon Drawdown Strategy Structure withdrawals around expected longevity curve Retirement Income Optimize timing and structure of income streams Healthcare Reserves Model late-life care costs against lifespan probability Annuity Suitability Assess annuity value using individual mortality data Estate Planning Calibrate legacy strategies to actual projected lifespan LifeARC's Role Abacus is building a new category in financial planning and infrastructure: Longevity and LifeARC as the foundation for how families plan and transfer wealth across generations—grounded in the liquidity and data only Abacus can provide. 19 Lifespan is Not a Straight Line—It is an ARC of Probabilities *It is the intent of Abacus to establish a supporting operating structure to provide for distribution and implementation of the LifeARC Financial planning tool.
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Abacus Wealth Advisors: Manning & Napier Lead Generation & Referrals Abacus Life Solutions generates roughly 10,000 consumer leads per month. Consumers not suited for core Abacus products become qualified referrals for Manning & Napier's advisory platform—and vice versa. Product Development & Distribution Manning & Napier can offer Abacus Asset Group products where appropriate—ETFs, longevity funds, and asset-based finance strategies, creating a new distribution channel and revenue layer. Joint Client Solutions The deepest opportunity: co- developing lifespan-based financial planning products tailored to Manning & Napier's client demographics, informed by LifeARC and Abacus's actuarial capabilities. 20 The Strategic Proof Point The minority investment that proves the model: one relationship, three ways to turn consumer scale into durable asset-management growth. Two-way referral engine New distribution channel, new revenue Co-built products, shared clients
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We Control the Entire Asset Value Chain Vertical integration drives superior outcomes Management fees Performance incentive fees Spreads at origination Servicing fees 21 Sourcing: Access to Life Solutions direct-to- consumer origination ecosystem with over 10,000 consumer leads per month Access to provider sourcing and licenses nationwide Global Distribution Network: Access to global fundraising and distribution network covering all 5 continents International regulatory framework with local regulatory partners Portfolio Management: Purpose built portfolio management and IT systems Ability to analyze large scale data quickly and efficiently Integrated underwriting and stress-testing through Abacus Intel Servicing: In-house servicing team of 20+ people led by insurance industry veteran with over 15 years of experience in the asset class Proprietary Abacus Intel mortality tracking solution MVerify
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Q2 2026 Financial Overview 22
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Q2 2026 vs Q2 2025 Performance Revenue % Increase Adj. EBITDA % Increase 27%30% Total revenue increased to $73.0 million, compared to $56.2 million in the prior-year period Adjusted Net Income grew to $27.1 million, compared to $21.9 million; and Adjusted EBITDA increased to $39.9 million, compared to $31.5 million in the prior-year period GAAP Net Income attributable to shareholders was $6.6 million, compared to $17.6 million in the prior-year period Received SEC effectiveness for the ABX Longevity Growth and Income Fund (ABXGX), the first registered interval fund dedicated to the longevity asset class, and successfully launched the Fund to open longevity assets to individual investors and their advisors Longevity funds collectively raised $544.2 million in 1H 2026, surpassing the firm's $500 million inflows target for the period Adj. Net Income % Increase 24% Q2 2026 Financials Overview Gross Revenue $73.0M Adjusted Net Income (Gross)1 $27.1M Adjusted EBITDA1 $39.9M Capital Deployed for Policy Purchases $197.9M Annualized Return on Invested Capital (ROIC) 1 23% Annualized Return on Equity (ROE) 1 25% Key Quarterly Achievements 1 2 3 4 5 Q2 2026 Financial Performance Highlights 23 ¹Non-GAAP Financial Measure. See reconciliations to nearest comparable GAAP measure in the Financial Appendix.
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$11.8 $14.9 $13.4 $17.3 $21.9 $23.6 $23.0 $20.1 $27.1 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 $29.1 $28.1 $33.2 $44.1 $56.2 $63.0 $71.9 $59.4 $73.0 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 $16.7 $16.7 $16.6 $24.5 $31.5 $37.9 $38.6 $32.7 $39.9 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Revenue 1 Adjusted EBITDA and Adjusted Net Income are non-GAAP measures. For a reconciliation to the most directly comparable GAAP measure, see the Financial Appendix section Consolidated Proforma Historical Financial KPIs (Q2 2024 – Q2 2026) Adjusted Net Income1 ($ in millions)($ in millions) Adjusted EBITDA1 ($ in millions) 24
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Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Balance Sheet Longevity Funds ETFs $666.18M $2.57B $299.07M$3.11B $3.25B $3.33B $3.55B $3.55B $3.54B Additional KPIs (Q2 2024 – Q2 2026) 1 Fee Paying AUM consists of Carlisle Management Company, Abacus FCF Advisors, LMA Funds, and Abacus Income Funds Gross Assets Under Management Fee Paying Assets Under Management1 Capital Deployed for Policy Originations – Life Solutions Number of Lives Tracked – Abacus Intel $104.7 $93.2 $126.5 $125.9 $121.8 $102.4 $230.7 $163.6 $197.9 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Longevity Funds ETFs $2.78B $2.99B $3.07B $3.28B $3.28B $3.24B ($ in millions) 25 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Paid Lives 1.6M 2.0M 2.6M In Trial 678k 2.8M 56k 128k 4.1M 6.4M
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26 Additional KPIs (Q1 2024 – Q2 2026) Annualized Turnover Ratio vs. Target (Annualized Turnover Ratio) Holding Period Comparison: Owned vs. Sold Policies (# of Days) In reference to policies held at Fair Market Value. Turnover and holding periods with regards to policies held on public comp any Balance Sheet. Average Realized Gains (% Gain) 21% 27% 26% 23% 21% 26% 37% 27% 26% 25% 0% 10% 20% 30% 40% Average Realized Gain on Policies Sold (%) 153 230 0 100 200 300 400 Days Held (Owned Policies) Days Held (Sold Policies) 2.0x 0.0x 1.0x 2.0x 3.0x Actual Turnover Target Range (1.5-2.0x)
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Q2 2026 Financial Appendix 27
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28 Abacus Global Management, Inc. Income Statement (Unaudited) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 REVENUES: Asset management $ 776,361 $ 1,606,827 $ 1,818,804 $ 2,355,216 Asset management, related party 6,439,292 7,155,049 13,855,993 14,179,737 Life solutions 53,920,260 31,125,573 87,936,927 66,522,884 Life solutions, related party 11,504,800 16,175,271 28,055,421 17,076,617 Technology services 379,277 161,900 743,133 229,512 TOTAL REVENUES 73,019,990 56,224,620 132,410,278 100,363,966 COST OF REVENUES (excluding depreciation and amortization stated below): Cost of revenue (including stock-based compensation) 9,064,451 6,054,644 15,371,836 13,163,051 GROSS PROFIT 63,955,539 50,169,976 117,038,442 87,200,915 OPERATING EXPENSES: Sales and marketing 5,558,460 3,267,715 10,506,370 5,883,715 General and administrative (including stock-based compensation) 32,956,074 18,926,329 58,828,199 31,190,115 Gain on change in fair value of debt — — — (3,362,103) Gain on equity securities, at fair value — 272,254 — — Depreciation and amortization expense 3,962,445 5,184,083 7,896,531 9,942,629 TOTAL OPERATING EXPENSES 42,476,979 27,650,381 77,231,100 43,654,356 OPERATING INCOME 21,478,560 22,519,595 39,807,342 43,546,559
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29 Abacus Global Management, Inc. Income Statement (Unaudited) (cont’d) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 OTHER INCOME (EXPENSE): Loss on change in fair value of warrant liability — 4,183,000 — (623,000) Interest expense (8,311,904) (8,752,145) (18,765,496) (18,370,475) Interest income 670,783 1,012,278 1,334,006 2,187,279 Other income (expense), net (2,861,547) 2,718,172 (342,954) 2,673,648 TOTAL OTHER EXPENSE (10,502,668) (838,695) (17,774,444) (14,132,548) NET INCOME BEFORE PROVISION FOR INCOME TAXES 10,975,892 21,680,900 22,032,898 29,414,011 Income tax expense 4,348,850 4,069,971 8,139,664 6,404,056 NET INCOME 6,627,042 17,610,929 13,893,234 23,009,955 LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST — 27,240 — 786,683 NET INCOME ATTRIBUTABLE TO ABACUS GLOBAL MANAGEMENT, INC. $ 6,627,042 $ 17,583,689 $ 13,893,234 $ 22,223,272 EARNINGS PER SHARE: Earnings per share - basic $ 0.07 $ 0.18 $ 0.14 $ 0.23 Earnings per share - diluted $ 0.07 $ 0.18 $ 0.14 $ 0.23 Weighted-average stock outstanding—basic 95,319,635 94,690,195 96,574,532 95,437,545 Weighted-average stock outstanding—diluted 98,457,545 97,372,470 99,755,998 97,801,477
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30 Abacus Global Management, Inc. Adjusted Net Income Three Months Ended June 30, 2026 Three Months Ended June 30, 2025 Gross Estimated Tax [2] Net Gross Estimated Tax [2] Net NET INCOME ATTRIBUTABLE TO ABACUS GLOBAL MANAGEMENT, INC. $ 6,627,042 $ — $ 6,627,042 $ 17,583,689 $ — $ 17,583,689 Net income attributable to noncontrolling interests — — 0 27,240 — 27,240 Amortization expense 3,824,053 (969,206) 2,854,847 4,667,987 (1,183,102) 3,484,885 Stock-based compensation 6,882,980 (1,744,491) 5,138,489 3,486,829 (883,737) 2,603,092 Unrealized loss (gain) on investments 660,511 (167,407) 493,104 — — — Impairment on investments — — 0 — — — Business acquisition and special projects costs 7,586,039 (1,922,682) 5,663,357 74,782 (18,953) 55,829 Loss on change in fair value of warrant liability — — 0 (4,183,000) 1,060,181 (3,122,819) Other 27,779 — 27,779 — — — Tax impact [1] 1,488,953 — 1,488,953 233,137 — 233,137 ADJUSTED NET INCOME $ 27,097,357 $ (4,803,786) $ 22,293,571 $ 21,890,664 $ (1,025,611) $ 20,865,054 WEIGHTED-AVERAGE STOCK OUTSTANDING—BASIC 95,319,635 95,319,635 95,319,635 94,690,195 94,690,195 94,690,195 WEIGHTED-AVERAGE STOCK OUTSTANDING—DILUTED 98,457,545 98,457,545 98,457,545 97,372,470 97,372,470 97,372,470 ADJUSTED EPS - BASIC $ 0.28 $ (0.05) $ 0.23 $ 0.23 $ (0.01) $ 0.22 ADJUSTED EPS - DILUTED $ 0.28 $ (0.05) $ 0.23 $ 0.22 $ (0.01) $ 0.21 [1] Tax impact represents the permanent difference in tax expense related to the restricted stock awards granted to certain executives due to IRC 162(m) limitations. [2] The estimated tax is based on the net federal and state statutory rate. Note: Totals may not add up due to rounding.
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31 Abacus Global Management, Inc. Adjusted EBITDA Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 NET INCOME $ 6,627,042 $ 17,610,929 $ 13,893,234 $ 23,009,955 Depreciation and amortization expense 3,962,445 5,184,083 7,896,531 9,942,629 Income tax expense 4,348,850 4,069,971 8,139,664 6,404,056 Interest expense 8,311,904 8,752,145 18,765,496 18,370,475 Other income (expense), net 2,201,036 (2,718,172) 2,032,443 (2,673,648) Interest income (670,783) (1,012,278) (1,334,006) (2,187,279) Loss on change in fair value of warrant liability — (4,183,000) — 623,000 Stock-based compensation 6,882,980 3,486,829 13,226,381 5,842,224 Unrealized gain on investments 660,511 — (4,739,489) — Impairment on investments — — 3,050,000 — Business acquisition and special projects costs 7,586,039 74,782 11,227,172 74,782 Other 27,779 — 439,546 — Unrealized gain on equity securities, at fair value — 272,254 — — Loss (gain) on change in fair value of debt — — — (3,362,103) Adjusted EBITDA $ 39,937,803 $ 31,537,543 $ 72,596,972 $ 56,044,091 TOTAL REVENUE $ 73,019,990 $ 56,224,620 $ 132,410,278 $ 100,363,966 Adjusted EBITDA Margin 54.7% 56.1% 54.8% 55.8% Net Income Margin 9.1% 31.3% 10.5% 22.9%
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32 Abacus Global Management, Inc. Balance Sheet June 30, 2026 (Unaudited) December 31, 2025 ASSETS CURRENT ASSETS: Cash and cash equivalents $ 23,388,190 $ 38,112,332 Accounts receivable 22,812,071 18,082,473 Accounts receivable, related party 10,127,137 9,320,103 Income taxes receivable 3,778,866 411,055 Prepaid expenses and other current assets 4,533,639 3,646,850 Total current assets 64,639,903 69,572,813 Property and equipment, net 2,345,652 1,597,896 Intangible assets, net 59,750,092 66,360,444 Goodwill 252,779,884 252,779,884 Operating right-of-use assets 12,306,899 4,561,692 Management and performance fee receivable, related party 15,187,416 14,800,140 Life settlement policies, at fair value 383,044,248 468,857,929 Life settlement policies, at cost — 918,305 Available-for-sale securities, at fair value; net of allowance for credit losses of $ — at June 30, 2026 and $1,245,575 at December 31, 2025 3,186,955 3,108,750 Other investments 73,043,493 18,253,585 Other assets 1,445,878 1,428,820 TOTAL ASSETS $ 867,730,420 $ 902,240,258
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33 Abacus Global Management, Inc. Balance Sheet (cont’d) June 30, 2026 (Unaudited) December 31, 2025 LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Current portion of long-term debt, at fair value $ 38,293,580 $ 114,424,000 Current portion of long-term debt 1,500,000 1,500,000 Accrued expenses 8,482,787 10,935,292 Current operating lease liabilities 2,630,892 720,186 Contract liabilities, deposits on pending settlements 647,043 169,184 Accrued transaction costs 2,106,184 2,336,177 Other current liabilities 16,610,025 15,853,016 Related party payable 21,473,912 — Income taxes payable — 2,653,366 Total current liabilities 91,744,423 148,591,221 Long-term debt, net 275,834,100 275,780,392 Long-term debt, related party 14,982,507 14,114,199 Retrocession fees payable 5,361,714 5,361,714 Noncurrent operating lease liabilities 11,066,427 4,637,642 Deferred tax liability 29,063,823 30,214,160 TOTAL LIABILITIES 428,052,994 478,699,328
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34 Abacus Global Management, Inc. Balance Sheet (cont’d) June 30, 2026 (Unaudited) December 31, 2025 COMMITMENTS AND CONTINGENCIES (Note 12) MEZZANINE EQUITY Series A convertible preferred stock, $0.0001 par value; 5,000 shares authorized; 5,000 shares issued and outstanding at June 30, 2026 and December 31, 2025 5,000,000 5,000,000 TOTAL MEZZANINE EQUITY 5,000,000 5,000,000 STOCKHOLDERS' EQUITY Preferred stock, $0.0001 par value; 1,000,000 shares authorized; 5,000 shares issued and outstanding — — Class A common stock, $0.0001 par value; 200,000,000 authorized shares; 107,220,874 and 104,879,752 shares issued at June 30, 2026 and December 31, 2025, respectively 10,722 10,488 Treasury stock - at cost; 10,130,090 and 7,406,118 shares repurchased at June 30, 2026 and December 31, 2025, respectively (80,167,968) (55,808,595) Additional paid-in capital 542,761,386 515,971,485 Accumulated deficit (27,926,714) (41,632,448) Noncontrolling interest — — TOTAL STOCKHOLDERS' EQUITY 434,677,426 418,540,930 TOTAL LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY $ 867,730,420 $ 902,240,258
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35 Abacus Global Management, Inc. ROIC - ROE ABACUS GLOBAL MANAGEMENT RETURN ON INVESTED CAPITAL Three Months Ended Three Months Ended Six Months Ended Six Months Ended June 30, 2026 June 30, 2025 June 30, 2026 June 30, 2025 Total Assets $867,730,420 $ 848,357,920 $867,730,420 $ 848,357,920 Less: Intangible assets, net (59,750,092) (71,392,006) (59,750,092) (71,392,006) Goodwill (252,779,884) (238,921,108) (252,779,884) (238,921,108) Current Liabilities (91,744,423) (140,178,035) (91,744,423) (140,178,035) Total Invested Capital $ 463,456,021 $ 397,866,771 $ 463,456,021 $ 397,866,771 Adjusted Net income $27,097,357 $21,890,664 $47,205,102 $39,084,239 Adjusted Annualized ROIC 23% 22% 20% 20% ABACUS GLOBAL MANAGEMENT RETURN ON EQUITY Three Months Ended Three Months Ended Six Months Ended Six Months Ended June 30, 2026 June 30, 2025 June 30, 2026 June 30, 2025 Total Shareholder Equity $ 434,677,426 $ 416,533,192 $ 434,677,426 $ 416,533,192 Adjusted Net income $ 27,097,357 $ 21,890,664 $ 47,205,102 $ 39,084,239 Adjusted Annualized ROE 25% 21% 22% 18%
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Disclaimer The information contained herein is for informational purposes only and does not constitute an offer or solicitation. Information is obtained from sources believed to be reliable, and its accuracy and completeness are not guaranteed. Information does not constitute a recommendation of any investment strategy, is not intended as investment advice and is not intended to take into account the circumstances of any investor. The opinions expressed are as of the date set forth herein, are subject to change at any time without notice and do not constitute investment, legal, tax, accounting or professional advice. Abacus and/or its affiliates are not undertaking to provide a recommendation or give investment advice in a fiduciary capacity to any recipient of these materials, which are for marketing purposes and are not intended to serve as a primary basis for investment decisions. This Presentation may not be edited, altered, revised, paraphrased, reproduced or otherwise modified without the prior written permission of Abacus. 36
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