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Overview of Macquarie Operating Groups 1Q23 Update Outlook Appendix MAM AUM movement Increase due to acquisitions of Waddell & Reed Financial, AMP Capital's public investments business and Central Park Group as well as investments made by Private Markets-managed funds and net inflows in Public Investments $Ab 900 800 700 Private Markets 42.9 51.3 600 MAM 562.2 (16.9) 500 Private Markets 195.1 400 영흥 300 Public Investments 200 367.1 100 14.4 (5.9) Public Investments 168.0 10.5 4.6 149.7 8.1 MAM 773.1 (4.9) 0 31 Mar 21 Investments Private Markets Divestments Net Valuation Changes¹ Private Markets FX Acquisitions² Net Flows Market Movements Public Investments Divestments³ Public Investments FX O Macquarie Group Limited Private Markets 238.0 Public Investments 535.1 31 Mar 22 1. Net Valuation changes include net movements in unlisted valuations of portfolio assets, post distributions paid in the period, and listed share price movements. 2. Acquisitions include Waddell & Reed Financial, AMP Capital's public investments business and Central Park Group. 3. Public Investments divestments include Jackson Square Partners and the Korea business. 55

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