FUTURE GENERATION AUSTRALIA LIMITED — AGM Information 2015

May 18, 2015

19 May 2015

==> picture [208 x 36] intentionally omitted <==

Chairman’s Address General Meeting

==> picture [208 x 35] intentionally omitted <==

==> picture [208 x 35] intentionally omitted <==

Delivered by Jonathan Trollip at the Extraordinary General Meeting of shareholders held at the Wesley Centre, 220 Pitt Street Sydney on Friday 19 May 2015

In September 2014, Australian corporate history was made with Future Generation Investment Company Limited (FGX). In an Australian first, FGX became Australia’s first listed investment company to offers its shareholders access to prominent Australian fund managers without performance or management fees. It is because of this that 1.0% of net assets will be donated each year to Australian charities, focused on supporting children at risk.

As shareholders in the Company, you are directly making a difference to the lives of Australia’s most vulnerable children. This innovative approach to wealth creation proves that both shareholder and social returns can be achieved together.

On behalf of FGX, I have met with many of the 14 charities we support. I would like to pass on to you, our shareholders, the widespread gratitude that has been expressed to me by those charities for your support. In February this year, I met in Melbourne with the Mirabel Foundation whose funding was cut in last year’s Federal budget. Today, Mirabel remains the only Australian Children's charity that specifically addresses the needs of children who have been orphaned or abandoned due to parental drug use.

With the continued increase in methamphetamine addiction, especially ICE, the services of Mirabel are in great demand. On average Mirabel receives into its care each week nine new children – this figure is double what it was receiving twelve months ago – and so there is a constant pressure to expand its services. And that is why consistent support, such as through a vehicle like FGX, will make a real and tangible difference.

Just over a fortnight ago, I visited Giant Steps. Giant Steps is a school in Gladesville Sydney that directly supports 90 autistic children in the school and many others in its outreach program. A young girl, about six years old, walked over to me and asked me to sit down and help her put her shoes on. In that brief moment, I gained insight into the constant care that the dedicated staff would be providing to these children, and was humbled by the fact that that all at Giant Steps were so appreciative of the help they will be receiving from FGX.

By the end of April 2015, FGX had set aside $1.298 million that will be provided as income to our FGX supported charities following the end of the June 2015 financial year. As shareholders will be aware, all of this is possible only because of the generosity and support of our Fund Managers. The fact that our Fund Managers are managing over $200 million pro bono, with 0.0% management fees and 0.0% performance fees, makes a shareholding investment in FGX a win-win-win; a win for the investment community, a win for shareholders and, most importantly, a win for Australia’s most vulnerable kids.

I am pleased to announce two new fund managers who have agreed to provide to FGX fund management capacity. Tribeca Investment Partners is an Australian based, boutique fund manager with a reputation for delivering on performance targets. It was established in 1998.

Level 11, 139 Macquarie Street, Sydney NSW 2000 I GPO Box 4658 Sydney NSW 2001 I ABN: 97 063 935 553 Phone 02 9247 9202 I Fax 02 9247 6855 I info@futuregeninvest.com.au I www.futuregeninvest.com.au

19 May 2015

==> picture [208 x 36] intentionally omitted <==

Chairman’s Address General Meeting

==> picture [208 x 35] intentionally omitted <==

==> picture [208 x 35] intentionally omitted <==

Qato Capital also joins the FGX team. Qato Capital is an Australian based funds management group backed by single family office, Larkfield Funds Management. The investment team has worked together running the Qato model for over nine years, with the combined investment experience within the group of over 50 years.

We now have 16 Fund Managers investing in 17 Funds. In the investor presentation which follows Geoff Wilson will provide further details on how the specific allocations have been structured.

We believe investing and creating wealth for our shareholders can also be about investing and changing the lives of Australia’s future generation. Last month, Independent Investment Research Australia released its December 2014 Quarterly Review, highly recommending FGX, which is the highest recommendation it provides. The Research notes:

“This is the highest rating provided by IIR, indicating this is a best of breed product that has exceeded the requirements of our review process across a number of key evaluation parameters and achieved exceptionally high scores in a number of categories. The product provides a highly attractive risk/return tradeoff.”

We are very honoured that FGX has received this recognition. I would like to acknowledge and thank all those who have worked so tirelessly and selflessly to achieve this.

Finally, as we are about to proceed to the official voting part of the meeting, I hope you agree that the extensive collective experience of our new board members will add exceptional value to FGX.

David Paradice from Paradice Asset Management currently has over $9.5 billion under management.

Scott Malcolm, founding partner in Sydney based corporate advisory firm, Greenstone Partners, has over 20 years of investment banking experience having advised on significant mergers and acquisitions, equity and debt transactions with a total value in excess of $20 billion.

David Leeton is the Chief Financial Officer of the Victor Smorgon Group. He brings strong philanthropic credentials to FGX, as a Trustee of the Victor Smorgon Charitable Fund, a director of the Victor Smorgon Scholarship Fund trustee company and Lighthouse Foundation and secretary of The Philanthropic Investor Club.

Many of you will already know Kate Thorley. She was a driving force behind the creation of FGX in her lead role with Wilson Asset Management. Kate has over 15 years’ financial accounting and corporate governance experience.

I commend each of them to you.

Thank you all for the interest you have shown in attending today, and thank you also to our shareholders who will be attending the FGX investor presentations to be held in other cities in Australia over the next weeks.

--Ends--

Level 11, 139 Macquarie Street, Sydney NSW 2000 I GPO Box 4658 Sydney NSW 2001 I ABN: 97 063 935 553 Phone 02 9247 9202 I Fax 02 9247 6855 I info@futuregeninvest.com.au I www.futuregeninvest.com.au

19 May 2015

==> picture [208 x 35] intentionally omitted <==

Chairman’s Address General Meeting

==> picture [208 x 36] intentionally omitted <==

==> picture [208 x 35] intentionally omitted <==

--Ends--

About Future Generation Investment Company Limited

Future Generation Investment Company Limited (ASX: FGX) offers investors the opportunity to gain unprecedented access to prominent Australian fund managers through a single ASX-listed investment vehicle and also support Australian children’s charities. The Company offers diverse exposure to Australian equities through a range of different investment styles and strategies employed by its fund managers. Future Generation Investment Company Limited charges 0.0% management fees and 0.0% performance fees and intends to donate 1.0% of its assets each year to Australian charities, particularly those supporting children at risk. The Company’s investment objectives are to: provide a stream of fully franked dividends; to achieve capital growth; and preserve shareholder capital.

For more information visit www.futuregeninvest.com.au

“Together, we are investing in Australia’s future generation”

For further information, please contact:

Jonathan Trollip Geoff Wilson Sarah Maddox James McNamara Chairman Director Company Secretary Corporate Affairs 0411 644 737 0412 242 712 (02) 9258 4909 (02) 9258 4915

Level 11, 139 Macquarie Street, Sydney NSW 2000 I GPO Box 4658 Sydney NSW 2001 I ABN: 97 063 935 553 Phone 02 9247 9202 I Fax 02 9247 6855 I info@futuregeninvest.com.au I www.futuregeninvest.com.au