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Investor Presentation

A GOOD TIME FOR ACTIVE MANAGEMENT Combined weight of the five largest stocks in the S&P 500 index 25% 24% 23% 22% 21% 20% 19% 18% 17% 16% 15% 14% 13% 12% 11% 10% Premier Miton INVESTORS Rotation from growth towards Top five as of 31 March 2021 Apple 5.7% value Microsoft 5.3% Amazon 3.9% Facebook 2.1% Google 3.6% Total 20.6% Active management tends to outperform when market concentration is declining Active managers who embrace ESG in their investment processes can make a real difference 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 Vaccine rollout and economic reopening, earnings recovery Source: Boomberg data as of 31 March 2021. Not to be considered as recommendations to buy or sell any securities. Investor presentation 15
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