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ECP EMERGING GROWTH LIMITED Net Asset Value 2022

Jun 1, 2022

64817_rns_2022-06-01_21e70ac9-ea32-43a1-874c-7ae1415ccedb.pdf

Net Asset Value

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2 June 2022

The Manager Company Announcements Office ASX Ltd, Exchange Centre Level 6, 20 Bridge Street SYDNEY NSW 2000

Dear Sir

Net Tangible Assets (NTA) per share & Top 5 Investments – 31 May 2022

The unaudited NTA backing per share of the Company at 31 May 2022 was as follows:

Before estimated taxon unrealisedgains After estimated tax onunrealisedgains
at 31 May2022 132.8c 132.7c
at 30 April 2022 143.2c 143.2c

The NTA figures shown above are before and after the provision for deferred tax on the unrealised gains in the Company’s investment portfolio. The Company is a long-term equity investor and does not intend to dispose of its total portfolio.

The top five investments of the Company at 31 May 2022 were as follows:

Name of Company Percentage of Total Portfolio
GQG Partners Inc. 10.3 %
Domino’s Pizza Enterprises Limited 7.0 %
Carsales.Com Ltd 6.8 %
HUB24 Ltd 6.3 %
Lovisa Holdings Limited 6.2 %
Total Top 5 Equity Investments 36.6 %

If you have any questions, please call the Company Secretary on 1800 352 474.

Yours sincerely

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Scott Barrett

Company Secretary

ECP EMERGING GROWTH LIMITED

Authorised for release by the Board.

Redefining Active Investing ecpam.com/emerging

ECP Emerging Growth Limited Level 4 The Pavilion, 388 George Street Sydney NSW 2000 Australia

Tel: +61 2 8651 6800 Fax: +61 2 8651 6899

ACN: 167 689 821