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ASX:L1G

L1 Group Limited Shareholder Information

L1 Group Limited (ASX:L1G) (formerly known as Platinum Asset Management Limited (ASX:PTM)), is an ASX-listed, global investment manager formed through the merger of L1 Capital and Platinum Asset Management. Together, we are one of Australia’s leading investment houses, with proven and experienced investment teams that conduct high quality, independent company and industry research.

Learn more about the L1 Group Visit the L1 Group Shareholder Centre

BUILDING A SUSTAINABLE BUSINESS

Corporate Responsibility & Sustainability

2024 marked 30 years of the founding of Platinum Asset Management. From small beginnings with four investment professionals and a handful of support staff working from a makeshift office, Platinum has grown into one of Australia’s most trusted global equities managers with $8 billion under management (as at 31 July 2025).

Platinum’s business is managing clients’ money. We charge clients a fee for doing so and these fees are our chief source of revenue. We, at Platinum, have a simple core belief: if we responsibly and successfully look after our clients’ money, our business should prosper. A failure to understand and commit to this priority will not result in an enduring asset management business; marketing, commissions and other selling practices notwithstanding.

This belief has led Platinum to maintain a deep and consistent commitment to sustainable business practices and responsible investment management. In particular, we consider that the following themes are key to the long-term sustainability of our business:

Being a responsible money manager
ESG considerations in investing
Putting clients’ interests first – valuing independence and transparency
Advocating for change and engaging with policymakers
Engaging with our employees
Contributing to the community
Being environmentally responsible

This report will discuss our strategy and performance in addressing the opportunities and challenges associated with each of these themes. It will also consider our goals and initiatives against the framework of the United Nations (UN) 2030 Sustainable Development Goals (SDG) as we seek to align Platinum’s future prosperity with that of the broader community.

Sustainability and Stewardship Report – 2025

Platinum Group Modern Slavery

This Platinum Group Modern Slavery Statement sets forth the Platinum Group’s ongoing commitment to identify and address modern slavery risks arising in the Platinum Group’s corporate supply chains and investment portfolios. It also provides details of the Platinum Group’s approach, policies and plans to continuously improve and strengthen its commitment to ensuring respect for human rights and freedom from modern slavery.

Platinum Group Modern Slavery Statement – FY 2023-2024

Platinum Workplace Gender Equality Reporting

The Workplace Gender Equality Agency is an Australian Government statutory agency created by the Workplace Gender Equality Act 2012 (The Act). The Agency is charged with promoting and improving gender equality in Australian workplaces.

The Act introduced a reporting and compliance framework which all non-public sector employers with 100 or more employees must comply with. Each year, employers are required to report against the framework and submit a public report to the Workplace Gender Equality Agency (Agency). Under the Act, employers are also required to notify, and make the report available to employees and shareholders.

Platinum submitted their report in May 2024 for the period.

For further information on the Workplace Gender Equality Agency, visit the WGEA website.

Platinum Workplace Gender Equality Reporting – 7 May 2024 Platinum WGEA Employer Statement - May 2024

Platinum UN Global Compact Communication on Progress

Platinum has committed to the UN Global Compact corporate sustainability initiative and its 10 principles across human rights, labour, the environment and anti-corruption. We published our first Communication on Progress in 2024 which can be viewed here.

UN Global Compact - Letter of Commitment

Platinum is a signatory to the UN Principles for Responsible Investment (“UN PRI”) and thereby has made the commitment that “as an institutional investor, we have a duty to act in the best long-term interests of our beneficiaries. In this fiduciary role, we believe that environmental, social, and corporate governance issues can affect the performance of investment portfolios”¹.

A summary of how we incorporate labour standards, environmental, social, governance and ethical considerations (“ESG”) into our investment decision-making and ownership practices can be found below.

Our RI Approach