Investor Presentaiton

Distinctive business model High-return, diversified range of Emerging Markets asset classes Structural growth opportunities Powerful political, social and economic convergence trends Significant increase in investor allocations to match global index weights capital programme Active seed Strong, liquid balance sheet Scalable operating platform Flexible remuneration philosophy Cost discipline Specialist focus Active management ESG integrated client base Diversified Distinctive business model characteristics Ashmore Creating value through the cycle Strong long-term investment performance for clients Consistent investment philosophy since 1992 Significant alpha delivered through market cycles Interests aligned through employee equity ownership Variable remuneration biased towards long-dated • equity awards Employee equity ownership is approximately 40% Value for shareholders • 66% adjusted EBITDA margin Strong cash generation Progressive dividend policy 12

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