PACIFIC CURRENT GROUP LIMITED — Capital/Financing Update 2018

Feb 20, 2018

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33° 51' 50.457" S, 151° 12' 23.437" E Level 29, 259 George Street, Sydney NSW 2000 T: +61 2 8243 0400 // F: +61 2 8243 0410

ASX ANNOUNCEMENT

21 February 2018

EAM Global Investors, LLC

Pacific Current Group Limited (ASX: PAC) is pleased to announce that is has entered into a transaction to help finance the repurchase of EAM Global Investors, LLC ( EAM Global ) equity from an outside shareholder, while also increasing its stake in EAM Global from 15% to 18.75%.

The EAM Global management team will acquire 11.25% of equity in EAM Global from an outside party using financing provided by PAC, while PAC will acquire an additional 3.75%. The financing provided by Pacific Current to the EAM Global management team is a six-year term loan at standard commercial terms. The total investment includes US$3m of upfront consideration and potentially two deferred payments in years four and five following the sale date, based on EAM Global’s revenues at the time.

Paul Greenwood, Pacific Current Group President, North America, notes that, “We are pleased to facilitate increased economic participation for the EAM Global team in a manner that both aligns and incentivises long-term growth. PAC’s incremental investment in EAM Global is a strong statement of our confidence in the firm’s ability to maintain its strong performance and continue growing.”

John Scripp, Managing Director of EAM Global stated, “Pacific Current Group has continued to be a great partner, providing EAM with additional industry expertise, global reach and distribution. This transaction increases our employee ownership, thereby further aligning our long-term interests with those of our clients."

CONTACT

For Investor Enquiries:

Paul Greenwood President, North America & Global CIO +1 253 617 7815

Tony Robinson Executive Director +61 407 355 616

Joseph Ferragina Chief Financial Officer and Chief Operating Officer +61 2 8243 0400

ABOUT PACIFIC CURRENT GROUP // www.paccurrent.com

Pacific Current Group Limited (ASX:PAC) is a multi-boutique asset management firm dedicated to providing exceptional value to shareholders, investors and partners. We apply our strategic resources, including capital, institutional distribution capabilities and operational expertise to help our partners excel. As of 31 December 2017, Pacific Current Group had investments in fifteen boutique asset managers globally.

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Pacific Current Group Limited // ABN 39 006 708 792 // ASX:PAC // www.paccurrent.com