Emerging Markets Strategic Initiatives

Ashmore 'at a glance' • A specialist Emerging Markets manager with USD 91.3 bn AuM (30 Sep 2021) diversified across asset classes Ashmore AuM: diversified by theme & client type Equities 9% Alternatives 2% • • • Active investment management delivered by committee-based investment processes with nearly 30 years' experience Three-phase strategy to capitalise on structural growth and convergence trends across Emerging Markets Remuneration philosophy aligns interests, provides cost flexibility and delivers employee loyalty (~40% equity owned by employees) 310 employees in 11 countries, with global operating hubs complemented by asset management operations in emerging countries Blended debt 24% Corporate debt 11% Funds / sub- advisers 4% Intermediary retail 8% Foundations / endowments 1% . High operating margin (66%) supported by scalable operating platform Well-capitalised, liquid balance sheet with £600m excess financial resources including £450m cash Corporates / financial institutions 22% Pension plans 26% External debt 21% Local currency 33% Central banks 11% Sovereign wealth funds 21% Governments 7% Theme data as at 30 September 2021; local currency includes USD 12.1bn overlay/liquidity AuM Client data as at 30 June 2021 3

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