WAM Leaders : FY2022 Interim Results Presentation

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Actively investing in the highest quality Australian companies
FY2022 Interim Results Webinar	Dial in: 1800 590 693
usenal		Passcode: 943845
Geoff Wilson AO	Matthew Haupt
Chairman and Chief Investment Officer	Lead Portfolio Manager
John Ayoub	Anna Milne
Portfolio Manager	Equity Analyst

Disclaimer

Wilson Asset Management and their related entities and each of their respective directors, officers and agents (together the Disclosers) have prepared the information contained in these materials in good faith.

onlyHowever, no warranty (express or implied) is made as to the accuracy, completeness or reliability of any statements, estimates or opinions or other information contained in these materials (any of which may change without notice) and to the maximum extent permitted by law, the Disclosers disclaim all liability and responsibility (including, without limitation, any liability arising from fault or negligence on the part of any or all of the Disclosers) for any direct or indirect loss or damage which may be suffered by any recipient through relying on anything contained in or omitted from these materials.

This information has been prepared and provided by Wilson Asset Management. To the extent that it includes any financial useproduct advice, the advice is of a general nature only and does not take into account any individual's objectives, financial ituation or particular needs. Before making an investment decision an individual should assess whether it meets their own

needs and consult a financial advisor. nal

FY2022 interim results

		for the half year to 31 December 2021
	Investment portfolio perf0rmance	Investment portfolio outperf0rmance
9.6%	+5.8%
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	FY2022 fully franked interim dividend increase
	Investment portfolio performance
28.3%	+14.3%
		In the 2021 calendar year
		FY2022 fully franked interim dividend	Annualised FY2022 fully franked interim dividend yield
use	5.3%
	4.0 cps
		Profits reserve	Annualised FY2022 fully franked grossed-up dividend yield
32.6 cps	7.6%

nal*Investment portfolio performance is before expenses, fees and taxes to compare to the relevant index which is also before expenses, fees and taxes. ^B sed on the 28 February 2022 share price of $1.52.

^^Grossed-up dividend yield includes the benefits of franking credits and is based on a tax rate of 30.0%.

Strong investment portfolio outperformance since inception

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					Since
			Fin	1	3 yrs	5 yrs	inception
	Estimated Performance at 28 February 2022*	YTD	yr	%pa	%pa	%pa (May-16)
		**	11.5%	22.1%	19.3%	16.3%	15.5%
	WAM Leaders Investment Portfolio
use	S&P/ASX 200 Accumulation Index		-0.7%	10.2%	8.4%	8.5%	9.1%
	Outperformance		+12.2%	+11.9%	+10.9%	+7.8%	+6.4%

*Based on the estimated February 2022 investment portfolio performance. The 28 February 2022 NTA will be announced to the market on or before the 14th of March 2022. **Investment portfolio performance is before expenses, fees and taxes to compare to the relevant index which is also before expenses, fees and taxes

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Increased fully franked dividends

4.0 cents per share onlyFY2022 fully franked i terim dividend

14.3% increase useFY2022 fully franked

interim dividend nal

Increasing fully franked dividends

cents	8.0
per
share	7.0
									4.0
	6.0									3.5
	5.0
						3.25
	4.0			3.0
		2.5
	3.0
	2.0									4.0
	2.0					3.25	3.5
		2.65
			2.5
	1.0
	1.0
	0.0
	2016/17	2017/18	2018/19	2019/20	2020/21	2021/22*
		*Annualised interim dividend.				Interim			Final

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