Investor Presentaiton

Overview of Macquarie Operating Groups 1Q23 Update Outlook Appendix Macquarie Asset Management Result FY22 FY21 - $Am $Am Base fees Performance fees 2,771 1,985 394 653 Net operating lease income 63 79 Investment-related and other income¹ 1,144 752 Credit and other impairment reversal 112 85 Net operating income 4,484 3,554 Brokerage, commission and fee expenses (431) (249) Other operating expenses (1,898) (1,225) Total operating expenses (2,329) (1,474) Non-controlling interests Net profit contribution (5) (6) - 2,150 2,074 AUM ($Ab) Private Markets EUM ($Ab) Headcount 773.1 158.3 562.2 Base fees of $A2,771m, up on FY21 primarily driven by Acquisition of Waddell & Reed in the current year Investments by Private Markets-managed funds and mandates and Public Investments market movements Partially offset by foreign exchange movements and asset realisations in Private Markets- managed funds Performance fees of $A394m, down on FY21 FY22 included performance fees from a range of funds including MIP III, MEIF4, and other Private Market-managed funds, managed accounts and co-investors FY21 included performance fees from MIP II, MIP III, MEIF4, Macquarie Super Core Infrastructure Fund (MSCIF) and other Private Market-managed funds, managed accounts and co-investors Net operating lease income of $A63m, down on FY21, driven by the sale of the Macquarie European Rail in the prior year and foreign exchange movements Investment-related and other income of $A1,144m, up on FY21 primarily driven by Gain on MIC, including disposition fee and equity accounted income Waddell & Reed acquisition in FY22 Lower equity accounted losses in Macquarie AirFinance Partially offset by gain on sale of Macquarie European Rail in FY21 Credit and other impairment net reversal of $A112m included a reversal of the impairment previously recognised on MAM's investment in MIC 142.0 Total operating expenses of $A2,329m, up on FY21 primarily driven by one-off acquisition and ongoing costs related to Waddell & Reed 2,399 1,921 Headcount of 2,399, up on FY21, primarily driven by the acquisition of Waddell & Reed, AMP and CPG 1. Investment-related income includes net income on equity, debt and other investments and share of net (losses)/profits from associates and joint ventures. Other income includes other fee and commission income, net interest and trading expense, other income and internal management revenue. O Macquarie Group Limited 71

View entire presentation