PACIFIC CURRENT GROUP LIMITED — Capital/Financing Update 2020

Tacoma // Denver // Sydney // Melbourne

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ASX ANNOUNCEMENT

9 November 2020

Pacific Current Sells Seizert Capital Partners

Pacific Current Group Limited (ASX:PAC, Pacific Current), a global multi-boutique asset management firm, announces it has entered into an agreement to sell all its economic interest in Seizert Capital Partners (Seizert) to the current Seizert management team. PAC will receive pre-tax proceeds of US$5m no later than 30 November 2020 to consummate the sale. PAC CEO & CIO, Paul Greenwood stated that, “We appreciate the opportunity to have been in partnership with Seizert. We wish the Seizert management team all the best as they take the firm forward from here.”

AUTHORISED FOR LODGEMENT BY: Paul Greenwood Managing Director & Chief Executive Officer and Chief Investment Officer

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CONTACT

For Investor Enquiries:

• Paul Greenwood - Managing Director & CEO and CIO - (+1) 253 617 7815

For Media Inquiries in the US:

• Jessica Hedden - [email protected] – (+1) 720 398 6711

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ABOUT PACIFIC CURRENT GROUP

Pacific Current Group Limited 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. Following the sale of Seizert, Pacific Current Group has investments in 14 boutique asset managers globally.

Pacific Current Group Limited (ABN 39 006 708 792) Level 29, 259 George Street, Sydney NSW 2000 Australia www.paccurrent.com Tel: +61 2 8243 0400 // Fax: +61 2 8243 0410