MLN undiluted NAV as at 5/5/26 - $0.8328

MLN undiluted NAV as at 5/5/26 - $0.8328
Date5/5/202630/4/2026
MLN undiluted NAV$0.8328$0.8388
Share price close$0.8430$0.8430
(Premium)(1%)(1%)
The five largest portfolio holdings at 5 May 2026 are approximately as follows:
Amazon7%
Microsoft7%
Meta Platforms5%
Mastercard5%
Tencent5%
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.
* The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (MLNWH). At 5 May 2026,
57,341,670 warrants are on issue and may be exercised on 23 April 2027. The actual exercise price of each warrant is
$0.87 less the dividends per share declared by the company with a record date between 23 April 2026 and the
announcement of the 23 April 2027 exercise price.
Marlin Global Limited
Phone +64 9 484 0365
Private Bag 93502
Takapuna , Auckland