City of London Investment Group (CLIG) investor relations material

Executive summary

• Funds under management reached a record $11.9 billion by February 2026, driven by strong investment performance, market appreciation, and increased client interest in international and emerging markets strategies.

• The group is entering a new growth phase under a recently appointed CEO, focusing on quality growth, operational efficiency, and broadening the client base while maintaining a strong client performance orientation.

• Operates as a diversified asset manager with over $7 billion in institutional assets and $4 billion in HNW assets as of December 2025, leveraging active management and a complementary product suite.

• Leadership team brings over 20 years of experience each, with expertise in asset management, investment strategy, and client relations.

• Strategic initiatives include enhancing product offerings, expanding distribution channels, and increasing brand visibility through digital and event-driven engagement.

Financial highlights

• Assets/Funds under management (AUM/FuM) reached $11.9 billion by February 2026, up from $11.2 billion at December-end.

• Net fee income rose 6% year-over-year to $37.3 million, driven by higher average FuM.

• Underlying profit after tax rose 9.5% to $12.3 million, with underlying EPS up to 19.5p from 17.8p year-over-year.

• Interim dividend maintained at 11p per share, with a current dividend yield above 8.5%.

• Cash and cash equivalents at period end stood at nearly $33 million, with no debt.

Outlook and guidance

• Management anticipates continued growth opportunities, especially as investor sentiment improves for emerging markets, fixed income, and international asset classes.

• The firm is positioned for further asset growth through increased client interest and potential geographic expansion.

• Management expects continued volatility and opportunities for active management in the second half of the year.

• No special dividend is planned in the near term, as the new CEO sets strategic direction.

• A capital markets day is planned in the coming months to further engage investors.