AUB GROUP LIMITED — Capital/Financing Update 2019

Aug 19, 2019

==> picture [134 x 50] intentionally omitted <==

==> picture [198 x 113] intentionally omitted <==

20 August 2019

The Manager Market Announcements Office Australian Securities Exchange Ltd Level 6, Exchange Centre 20 Bridge Street Sydney NSW 2000

FOR RELEASE TO THE MARKET

Dear Sir / Madam,

Re: FY20 Adjusted NPAT Guidance

Our guidance for Adjusted Net Profit After Tax growth for FY20 of 4% to 6% (from the FY19 comparative base of $46.4 million) includes an estimate of $1.5 to $2.0 million (post-tax) of one-off major acquisition legal and financing costs as per page 18 of the FY19 Results Presentation released to the ASX this morning.

Adjusting for these costs, guidance would increase to 8% to 10% growth.

Yours faithfully,

==> picture [89 x 46] intentionally omitted <==

David Franks Company Secretary

For further information, contact David Franks Tel: (02) 8098 1169 or 0414 899 897 davidf@aubgroup.com.au

About AUB Group

AUB Group Limited is Australasia’s largest equity-based insurance broker network driving approximately A$3.2 billion GWP across its network of 93 businesses, servicing more than 600,000 clients, over one million policies across more than 500 locations. In Australia, the Group has around 20 percent of the commercial SME insurance broking market share with investment in 61 broking businesses, complimented by established capabilities in life insurance broking, premium funding, claims management and legal services. In New Zealand, AUB Group holds equity stakes in seven major insurance broker partners, an underwriting agency as well as equity in NZbrokers, the largest broking management group in New Zealand with presence in 140 locations and Insurance Advisernet NZ. The Group’s Underwriting Agencies business has a portfolio of 19 specialist agencies with access to delegated global underwriting capacity for niche specialist insurance products. The Group’s Risk Services division includes equity investments in three businesses with capabilities in loss adjustment, investigations, claims management, claims legal support and rehabilitation services.

==> picture [571 x 80] intentionally omitted <==