WAM ACTIVE LIMITED — Capital/Financing Update 2018

May 28, 2018

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WAM Global IPO exceeds $330m raising, now accepting limited oversubscriptions

29 May 2018 ASX announcement & media release

The WAM Global Limited initial public offering (IPO) has exceeded the $330 million offer and is now accepting oversubscriptions of up to $220 million.

Chairman Geoff Wilson AO said WAM Global continues to attract strong investor interest prior to the close of the broker firm offer on Friday, 1 June 2018.

“Yesterday we completed our semi-annual Shareholder Presentations across the country, meeting with a record number of investors whose primary interest was to hear about WAM Global. We are pleased to have exceeded the $330 million target prior to the close of the broker firm offer,” Mr Wilson said.

WAM Global will aim to provide shareholders with strong risk-adjusted returns derived from a portfolio of undervalued international growth companies using Wilson Asset Management’s proven investment strategy.

The Wilson Asset Management Family priority allocation and general offer is expected to close on Friday, 8 June 2018.

Priority allocation to the Wilson Asset Management Family

A $165 million priority allocation, representing 30% of the total proceeds from the offer, is available to the Wilson Asset Management Family, consisting of:

• a $150 million priority allocation to shareholders of one or more of WAM Capital, WAM Leaders, WAM Microcap, WAM Research, WAM Active and Century Australia[*] ; and

• a $15 million priority allocation to past shareholders of the companies listed above, shareholders’ family and friends and subscribers to Wilson Asset Management updates[*] .

*and their associated entities with a registered address in Australia or New Zealand.

Participating in the offer

To participate in the offer, investors can apply online at wilsonassetmanagement.com.au/global or request a mailed prospectus by calling Boardroom on 1300 737 760. Alternatively, investors can contact their financial planner, stock broker or the Joint Lead Managers Hamish Nairn, Taylor Collison on (08) 8217 3908, Philip Lee, Morgans Financial on (07) 3334 4888, Nicholas Chaplin, NAB on (02) 9237 9518 or Ross Baildon, Ord Minnett on (07) 3214 5509. Frequently asked questions about the offer are available here .

Important dates

Broker firm offer expected to close	1 June 2018
Priority and general offer expected to close	8 June 2018
WAM Global shares expected to list on ASX	22 June 2018

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info@wilsonassetmanagement.com.au Level 11, 139 Macquarie Street Sydney NSW 2000 Australia

wilsonassetmanagement.com.au Telephone. + 61 2 9247 6755 Fax. +61 2 9247 6855

ABN 89 081 047 118

About WAM Global

WAM Global’s investment objectives are to provide capital growth over the medium-to-long term, deliver a stream of fully franked dividends and preserve capital while providing shareholders with exposure to global equities. WAM Global will focus on undervalued international growth companies with a bias to small-tomedium sized entities, utilise a portfolio based and index unaware investment methodology and preserve shareholders’ capital. WAM Global has received a Recommended rating from Independent Investment Research.

About Wilson Asset Management

Wilson Asset Management has a 20-year track record of making a difference for shareholders and the community. As the investment manager for six leading listed investment companies; WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Microcap (ASX: WMI), WAM Research (ASX: WAX), WAM Active (ASX: WAA) and Century Australia (ASX: CYA), Wilson Asset Management invests more than $3 billion on behalf of more than 55,000 retail investors. Wilson Asset Management is the creator and lead supporter of Future Generation Investment Company and Future Generation Global Investment Company.

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For more information visit wilsonassetmanagement.com.au or contact:

Geoff Wilson AO	Kate Thorley	Chris Stott	Catriona Burns CFA	James McNamara
Chairman &	Chief Executive Officer	Chief Investment Officer	Lead Portfolio	Head of Corporate Affairs
Portfolio Manager	(02) 9247 6755	& Portfolio Manager	Manager	(02) 9247 4902
(02) 9247 6755	0405 115 644	(02) 9258 4906	(02) 9247 6755	0416 734 080

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info@wilsonassetmanagement.com.au Level 11, 139 Macquarie Street Sydney NSW 2000 Australia

wilsonassetmanagement.com.au Telephone. + 61 2 9247 6755 Fax. +61 2 9247 6855

ABN 89 081 047 118