Page 1

Hamilton Lane NEWS RELEASE Hamilton Lane Incorporated Reports First Quarter Fiscal 2022 Results , With Management & Advisory Fees Growing By 10 % And Assets Under Management Growing By 34 % Year - Over - Year 8/3/2021 CONSHOHOCKEN , Penn . , Aug. 3 , 2021 / PRNewswire / -- Leading private markets asset management firm Hamilton Lane Incorporated ( NASDAQ : HLNE ) today reported its results for the first fiscal quarter ended June 30 , 2021 . FIRST QUARTER FISCAL 2022 HIGHLIGHTS ● Assets under management - Total assets under management of $ 92 billion grew 34 % year - over - year . Fee earning assets under management increased 10 % to $ 43 billion over the same period . Revenue - Management and advisory fees of $ 74 million for the quarter represents growth of 10 % versus the prior year period . • Carried Interest - Unrealized carried interest balance of $ 809 million was up 160 % year - over - year . • Earnings per share - GAAP EPS of $ 0.78 on $ 28 million of GAAP net income for the quarter . • Dividend - Declared a quarterly dividend of $ 0.35 per share of Class A common stock to record holders at the close of business on September 15 , 2021 that will be paid on October 6 , 2021. The target full - year dividend of $ 1.40 represents a 12 % increase from the prior fiscal year dividend . Hamilton Lane issued a full detailed presentation of its first quarter fiscal 2022 results , which can be accessed by clicking here . Hamilton Lane CEO Mario Giannini commented : " This fiscal quarter marked the 30th anniversary for Hamilton Lane . As I look back on the last three decades , I'm extremely proud of all that we have accomplished . Our focus on innovation and growth has allowed us to meet the needs of our clients within an evolving and increasingly complex 1