HUB24 LIMITED — Capital/Financing Update 2015

Oct 26, 2015

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ASX Release

27 October 2015

HUB24 signs white label partnership with Fortnum

Agreement expected to result in the transfer of over $600 million

Industry‐leading investment and superannuation platform provider HUB24 (ASX: HUB) have signed an agreement to partner with Fortnum Financial Group (Fortnum).

Fortnum, an independently‐owned dealer group with around 100 advisers across 34 practices in Australia, has approximately $3.4 billion in funds under advice. The deal enables Fortnum’s advisers to access HUB24’s optimal investment administration solution for both current and new clients, allowing the group to focus on providing its comprehensive dealer services.

Under the arrangement, a new white label will be developed with final agreements to be signed involving the e‐Clipse Unified Managed Account and e‐Clipse Super services, which together currently hold around $650 million on behalf of Fortnum’s principal practices. The services are expected to be transferred to the HUB24 platform in the first half of 2016, subject to necessary approvals.

The white label platform will include both superannuation and investor directed portfolio services (IDPS) with fully integrated custodial and non‐custodial assets ‐ all supported by HUB24’s superior, consolidated reporting and transaction solutions.

HUB24 Managing Director Andrew Alcock said: “This is a great alignment for Fortnum and HUB24, where a high quality advice group has chosen a next generation wealth management platform that offers unbiased choice and market‐leading technology.

“We are making tremendous progress in building a sustainable pipeline of growth opportunities for the business. HUB24’s selection mirrors the demand we are experiencing for our leading‐edge platform. This is proving to be an attractive offering that is disrupting the Australian wealth management industry.

“The deal is further endorsement of why HUB24 is the platform of choice for independently‐minded advisers. We are looking forward to working with Fortnum’s advisers and the ongoing growth of e‐ Clipse,” Mr Alcock said.

Sal Torrisi, Head of e‐Clipse Online said the group’s partnership with HUB24 would release Fortnum to devote greater resources to servicing existing advisers and recruiting new advisers. It would also help e‐Clipse generate scale.

HUB24 Limited | ABN 87 124 891 685 | ACN 124 891 685

GPO Box 529, Sydney, NSW 2001 Level 8 Exchange Centre, 20 Bridge St, Sydney, NSW 2000 Australia T +61 2 8274 6000 F 1300 781 689 W hub24.com.au

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“By working with HUB24, we can provide an efficient, low‐cost investment platform and achieve meaningful scale, which will allow us to drive down costs for investors and advisers,” Mr Torrisi said.

For further information please contact:

Andrew Alcock Media inquiries: Managing Director Rebecca Piercy HUB24 Limited Honner Telephone: +61 2 8274 6000 Mobile: +61 422 916 422

About HUB24

HUB24 is a financial services company listed on the Australian Stock Exchange (ASX: HUB). The business is focused on the delivery of the HUB24 platform and the growth of its wholly owned subsidiary Paragem. The HUB24 platform supports the achievement of superior superannuation and investment outcomes for investors. It is a next‐generation service with state‐of‐the‐art portfolio management, transaction and reporting solutions for licensees, financial advisers, accountants, stockbrokers and institutions. HUB24 is not aligned to any major bank, manager or institution. HUB24 is an independent organisation with award winning technology and a growing number of respected and high profile financial services companies as its customers.

For further information, please visit: www.hub24.com.au

About Fortnum

Fortnum Private Wealth Pty Ltd trading as Fortnum Financial Advisers holds an Australian Financial Services License 357306. The company is wholly owned by Fortnum Financial Group Limited.

HUB24 Limited | ABN 87 124 891 685 | ACN 124 891 685

GPO Box 529, Sydney, NSW 2001 Level 8 Exchange Centre, 20 Bridge St, Sydney, NSW 2000 Australia T +61 2 8274 6000 F 1300 781 689 W hub24.com.au