HUB24 LIMITED — Earnings Release 2026

Apr 20, 2026

HUB24

ASX Release: 21 April 2026

HUB24 Platform delivers strong net inflows of $4.0 billion in Q3 FY26

Q3 FY26 Highlights

• Platform net inflows of $4.0 billion (up 9% on pcp excluding large migrations)¹
• Total Funds Under Administration (FUA) reached $151.7 billion as at 31 March 2026 (up 22% on pcp), comprising Platform FUA of $127.8 billion (up 25% on pcp) and Portfolio, Administration and Reporting Services (PARS) FUA of $23.9 billion (up 11% on pcp)
• HUB24 Platform ranked first for quarterly and annual net inflows²
• Awarded Best Platform Overall and Best in Platform Managed Accounts Functionality³
• Call option exercised for the acquisition of HTFS Nominees Pty Limited, current trustee for the HUB24 Super Fund

Platform net inflows and FUA

HUB24 maintained strong momentum in Q3 FY26 delivering Platform net inflows of $4.0 billion, up 9% on pcp when excluding large migrations. Platform FUA as at 31 March 2026 was $127.8 billion, stable over the quarter (up 25% on pcp) with strong net inflows offset by negative market movements of $4.1 billion. This record March quarter of net inflows (when excluding large migrations) was the result of strong year-on-year growth in retail net inflows, with institutional flows impacted by a one-off outflow from an institutional client in March.¹

During the quarter, 37 new licensee agreements were signed and the total number of advisers using the platform increased by 272 to 5,549 (up 11% on pcp).

In the latest available Plan for Life data, HUB24 ranked first for quarterly and annual net inflows for a ninth consecutive quarter. HUB24 also achieved the largest quarterly and annual market share gains of all platform providers, increasing market share to 9.7% as at 31 December 2025 (up from 8.3% in the pcp), and is ranked the sixth largest platform by FUA.²

In the context of market volatility, the business remains resilient with ongoing momentum in net inflows reflecting our innovative market-leading products and solutions, customer service excellence, and the strength of our relationships.

Operating in structurally growing markets driven by demographic trends, compulsory superannuation, and a strong pipeline of opportunities from new and existing relationships, HUB24 is well positioned for sustained growth.

PARS FUA

At 31 March 2026, PARS FUA was $23.9 billion (up 11% on pcp) with the number of PARS accounts at 9,344 (up 8% on pcp).

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HUB24

Platform statistics*	Mar-25	Jun-25	Sep-25	Dec-25	Mar-26	Growth on pcp
Platform FUA	$102,508m	$112,720m	$121,967m	$127,915m	$127,829m	25%
PARS FUA	$21,617m	$23,655m	$24,494m	$24,386m	$23,906m	11%
Total FUA	$124,125m	$136,375m	$146,461m	$152,301m	$151,735m	22%
Platform Flows
Platform net inflows	$4,944m^	$5,318m^	$5,156m	$5,580m	$3,984m	(19%)^
Platform gross inflows	$7,615m	$8,901m	$8,879m	$9,255m	$7,805m	2%
Platform FUA composition
Retail	86%	87%	88%	88%	88%
Institutional	14%	13%	12%	12%	12%
Platform advisers
Active advisers	5,015	5,097	5,229	5,277	5,549	11%

• Statistics are for each quarter, have been rounded and are not audited. Platform FUA refers to custodial administration services and PARS FUA refers to non-custodial administration services.
  ^ Net inflows include large migrations of $1.3 billion in the March 2025 quarter and $1.2 billion in the June 2025 quarter. Net inflows in the March 2026 quarter grew 9% on the pcp when excluding large migrations.

Total FUA ($ billions)

Platform average monthly flows ($ millions)

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HUB24

Class and NowInfinity statistics

The number of accounts across Class Super, Class Portfolio and Class Trust as at 31 March 2026 was 222,469 (up 4% on pcp).

Document Orders on NowInfinity increased to 239,551 (up 17% on pcp) with the number of companies using Corporate Messenger increasing to 924,351 during the quarter (up 11% on pcp).

Metrics	Mar-25	Jun-25	Sep-25	Dec-25	Mar-26	Growth on pcp
No. of accounts*	213,265	215,675	217,386	219,973	222,469	4%
Document orders**	204,418	214,107	223,865	231,577	239,551	17%
Companies on Corporate Messenger***	832,949	852,217	883,095	904,344	924,351	11%

• Number of Class accounts at the end of each quarter consists of Class Super, Class Portfolio and Class Trust accounts.
  ** Document orders by PAYG and subscription customers during the last 12 months.
  *** Number of active companies at the end of each quarter.

Business update

HUB24 Platform

In the recent Investment Trends 2025 Platform Competitive Analysis and Benchmarking Report, the HUB24 Platform was awarded Best Platform Overall for the fourth year running, and Best Platform Managed Accounts Functionality (which HUB24 has won in nine out of the last ten years), as well as Best in Product Offering, Best in Decision Support Tools, Best in Reporting, and Best in Online Business Management. Additionally, in the 2026 Investment Trends Managed Accounts Report, HUB24 was ranked by advisers as first for Overall Satisfaction.

In addition, our leading reporting solution, Engage, was awarded best new feature for client outcomes in the 2026 SuitabilityHub Platform Market Wrap Report. HUB24's multi-step transitions enhancement launched during the quarter was also recognised as the most innovative new feature. This industry-leading digital capability enables advisers to seamlessly execute complex advice strategies simultaneously, including establishing new accounts, pension transitions, and recontributions, providing greater efficiency and accuracy.

Our high-net-worth offering was further enhanced during the quarter through an upgrade to our third-party managed fund clearing capability, providing the opportunity to access a broader range of investment options going forward.

Additionally, our leading managed portfolio offer was enhanced through the ability to integrate with third-party rebalancing capabilities, enabling advisers to deliver more tailored solutions and potentially improve client outcomes.

Class & NowInfinity

To further enhance client experience and engagement, during the quarter Class launched an SMSF Financial Reporting Tool. The new AI-powered solution, delivered in collaboration with Digital Rapport, produces dynamic SMSF financial reporting videos, demonstrating Class's continued commitment to innovation.

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HUB24

NowInfinity has commenced a multi-year program of enhancements which will include extending the range of legal documents available in the Document Suite, integration with myprosperity, and upgrading the user experience, delivering an enhanced client experience and efficiencies for financial professionals. As part of the program, a new identity and verification solution has been launched, supporting accountants with upcoming regulatory obligations by streamlining identity capture, verification, and secure recordkeeping.

HUB24 to acquire HTFS Nominees Pty Ltd

Following the announcement in January 2026 that HUB24 Limited intends to transition the role of the trustee for the HUB24 Super Fund into the HUB24 Group, due diligence has now been completed. HUB24 has exercised the call option to acquire HTFS Nominees Pty Limited (HTFS), the trustee of the HUB24 Super Fund and a subsidiary of EQT Holdings Limited (EQT).

The consideration to be paid to EQT for the acquisition of HTFS is nominal. On completion of the transition, the integration of HTFS is not anticipated to have a material financial impact on HUB24's EBITDA in FY27 and beyond.

The acquisition is subject to APRA and other regulatory approvals and is expected to complete by the end of 2026. HTFS will continue to provide trustee services to the HUB24 Super Fund until the transition is complete.

HUB24 is well-positioned to continue to support the best interests of HUB24 Super members and will collaborate with EQT throughout the transition period to fulfill ongoing regulatory obligations and adhere to best practice governance principles.

1. There were no large migrations in Q3 FY26. Large migrations in Q3 FY25 were $1.3 billion.
2. Plan for Life, Administrator View. Data for period ended 31 December 2025. Historic data adjusted to exclude the $33.6 billion migration from BT Super to Mercer in the June 2023 quarter.
3. Investment Trends 2025 Platform Competitive Analysis & Benchmarking Report.

For further information please contact:

James Cordukes
Head of Investor Relations
HUB24 Limited
+61 419 228 822
james.cordukes@hub24.com.au

Fiona Harris
Senior Manager Media & Public Relations
HUB24 Limited
+61 466 012 434
fharris@hub24.com.au

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HUB24

About HUB24

HUB24 Limited is listed on the Australian Securities Exchange, and includes the award-winning HUB24 Platform, Class, NowInfinity and myprosperity.

The HUB24 Platform offers advisers and their clients a comprehensive range of investment options, including market-leading managed portfolio solutions, and enhanced transaction and reporting functionality. As one of the fastest growing platforms in the market, the platform is recognised for providing choice and innovative product solutions that create value for advisers and their clients.

Class is a pioneer in cloud-based wealth accounting software and is recognised as one of Australia's most innovative technology companies. Class delivers SMSF administration, trust accounting, portfolio management, legal documentation and corporate compliance solutions to financial professionals across Australia who depend on Class to drive business automation, increase profitability and deliver better client service.

myprosperity is a leading provider of client portals for accountants and financial advisers, enabling streamlined service delivery, increased productivity and enhanced customer experience for finance professionals and their clients.

This release is not financial product advice. Past performance is not indicative of future performance and any forward-looking statements in this release are not representations or guarantees as to future performance.

This announcement was authorised for release to the market by the Disclosure Officer.

For further information, please visit www.HUB24.com.au