AUL FY2023 Investor Presentation

Wealth & Capital Markets (W&CM) Australian Unity Real Wellbeing Adjusted EBITDA ($m) ■FY2022 ■FY2023 38.7 15.5 1 Wealth & Capital Markets Segment Revenue ($m) ■FY2022 ■FY2023 205.4 207.4 Wealth & Capital Markets • Comprises funds management, social infrastructure, life & super, advice and trustee services Recorded a modest increase in total segment revenue compared to PCP, reflecting improvement in funds under management Adjusted EBITDA reduced by 59.9% compared to the PCP Previous year included a $20.3m gain related to the revaluation of the platform's investment in the Platypus Asset Management business on acquisition of a controlling interest ⚫ Adjusting for this one-off gain, underlying adjusted EBITDA reduced by $2.9m or 15.6% from prior year due to an increase in operating expenses reflecting further investment in the target operating model under the platform strategy Aggregate value of assets under management and administration (AUMA), excluding cross-investments (investments by Australian Unity funds in other funds managed or operated by Australian Unity or our associates) increased by 12.0% to $31.92b (2022: $28.50b) • Reorganisation of the Funds Management and Social Infrastructure businesses and restructure of platform target operating model 1 Adjusted EBITDA of W&CM for FY2022 included a revaluation gain of $20.3m arising from a business combination revaluation AUL FY2023 Investor presentation Figures at 30 June 2023, unless otherwise noted 55 35

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