HUB24 : 1HFY22 Analyst and Investor Pack

For personal use only

'22

ANALYST AND

INVESTOR PACK

For personal use only

1

CONTENTS

For personal use only

1. FINANCIAL HIGHLIGHTS 1HFY22

only

2. MARKET OVERVIEW AND OUTLOOK

For personal use

ABOUT HUB24

HUB24 Limited (HUB24, the Group or the Company) is a financial services company that was established in 2007 and is a leading wealth management provider of superannuation and investment platforms, technology and data solutions to the Australian market.

Initial HUB24 products were launched to market from 2010 growing to $1 billion in Funds Under Administration (FUA) in 2014. Since that time, the business has grown to over $68.3 billion in FUA (as at 31 December 2021) and employs 460 people on a full-time equivalent (FTE) basis.

HUB24's head office is based in Sydney and HUB24 provides its products and services across all Australian states and territories.

HUB24 is listed on the Australian Securities Exchange (ASX) under the code 'HUB' with a market capitalisation of approximately $1.90 billion as at 18 February 2022.

OPERATING SEGMENTS AND PRINCIPAL ACTIVITIES

HUB24 operates via two core revenue generating segments, and a Corporate segment as shown in the diagram below:

HUB24 Limited

(ASX: HUB)

• Reporting Services (PARS)

PLATFORM

The Platform segment comprises the HUB24 investment and superannuation platform (HUB24 Platform), the

Xplore Wealth investment and superannuation platform (Xplore Wealth platform), and its Portfolio Administration & Reporting Services (PARS).

The HUB24 and Xplore Wealth platforms are used by financial professionals to efficiently administer their clients' investments held through a superannuation and investment product under custodial arrangements. In addition, HUB24 also offers PARS,

• non-custodyportfolio service which provides administration, corporate action management and tax reporting services for financial professionals and their clients.

The HUB24 platform offers broad product choice and a market-leading experience for financial professionals and their clients. The HUB24 platform offers broad product choice and a market-leading experience for financial professionals and their clients In the most recent Investment Trends Platform Competitive Analysis and Benchmarking Report, HUB24 was awarded the Best Platform Managed Accounts functionality for the 6th consecutive year and was ranked 2nd place for Best Platform Overall. Additionally, HUB24 was ranked 1st for Product Offering and top 2 in 5 out of 6 functional categories. It serves a growing number of respected and high-profile financial services companies and their clients.

The Xplore Wealth platform, acquired by HUB24 in March 2021, consolidates HUB24's leadership position as a Specialist Platform Provider (SPP) and brings complementary capabilities including managed accounts, superannuation services and PARS capability. Xplore's products and services are used by financial advisers, boutique financial advice businesses, stockbrokers and institutional clients to look after their clients' investment needs.

In November 2020, HUB24 acquired the servicing rights to Ord Minnett Pty Limited's PARS. This acquisition included software, related intellectual property and the transition of an experienced team of 12 FTE.

The PARS capability acquired via the Xplore Wealth and Ord Minnett transactions facilitated HUB24 now being a leader in the non-custodial asset administration segment.