MLN NAV as at 23/9/25 - $0.9370

MLN NAV as at 23/9/25 - $0.9370
Date23/9/202516/9/2025
MLN NAV$0.9370$0.9398
Share price close$0.95$0.94
(Premium) (1%)(0%)
The five largest portfolio holdings at 23 September 2025 are approximately as follows:
Amazon7%
Microsoft6%
Mastercard6%
Intuitive Surgical6%
Danaher Corp.5%
BACKGROUND
Contact
Corporate Manager
Marlin Global Limited
Tel +64 9 4840352
The NAV per share is calculated after deducting treasury stock (shares acquired under the Marlin Global buyback
programme) - currently nil.
MarlinGlobalisalistedinvestmentcompanythatinvestsingrowingcompaniesbasedoutsideofNewZealandand
Australia.TheMarlinportfolioismanagedbyFisherFunds,aspecialistinvestmentmanagerwithatrackrecordof
successfullyinvestingingrowthcompanyshares.TheaimofMarlinistoofferinvestorscompetitivereturnsthrough
capitalgrowthanddividends,andaccesstoadiversifiedportfolioofinvestmentsthroughasingle,tax-efficient
investmentvehicle.MarlinlistedontheNZXMainBoardon1November2007andmayinvestincompaniesthatare
listedonanyapprovedstockexchange(excludingNewZealandorAustralia)orunlistedcompaniesnotincorporated
in New Zealand or Australia.
The above net asset value (NAV) is unaudited and net of fees and tax.
Marlin Global Limited
Phone +64 9 484 0365
Private Bag 93502
Takapuna , Auckland