Trading Update and Notice of Final Results

For release: 07.00, 15 April 2026

Tatton Asset Management plc

("TAM plc" or the "Group")

AIM: TAM

Trading Update and Notice of Final Results

Strong underlying inflows of £2.8bn contribute to a £2.4bn increase in AUM/I1, up 11.0% to £24.2bn

Tatton Asset Management plc, the on-platform discretionary fund management ("DFM") and IFA support services Group, today announces the following unaudited trading update for the year ended 31 March 2026 ("FY26" or the "Year"). The Group's audited Final Results are scheduled to be released on 16 June 2026.

Trading Update

Highlights

Tatton Investment Management delivered another year of strong growth with AUM/I1 increasing in the year by 11.0% to £24.216 billion. Underlying net inflows2 have remained consistently strong and this year totalled £2.806 billion with the second half of the year ("H2") delivering £1.454 billion versus £1.352 billion in the first half ("H1"). This resulted in average monthly net inflows of £234 million, in line with guidance and showing encouraging progression through the year, with H1 averaging £225 million and H2 strengthening to £242 million per month. Strong underlying inflows2 were complemented by investment performance which contributed £2.456 billion. Total reported net outflows for the year were £0.523bn (FY25: net inflows £3.687bn). This figure includes £3.329bn relating to the previously highlighted cancellation of the Perspective contract in January 2026. Underlying AUM excluding the Perspective mandate has maintained consistent growth with FY26 increasing 26.8% over the prior year and underlying net inflows2 remaining consistent in the year being 15.6% of opening underlying AUM.

We remain on track with our five-year 'Roadmap for Growth' strategy, targeting £30.0 billion in AUM/I1 by 31 March 2029.

In the first two years we have added £6.612 billion, with £5.784 billion to be delivered over the remaining three years to reach that target. The strong performance delivered in the Year was supported by the number of IFA firms increasing by 108 or 9.7% to 1,218 (FY25: 1,110).

Paradigm, the Group's IFA support services business, delivered another consistent performance in the Year. Paradigm Mortgages participated in a record number of mortgage completions totalling £17.5 billion (FY25: £14.2 billion), a 23.2% increase year on year, with H2 completions of £8.9 billion, ahead of H1 by 3.5%. New Mortgage member firms in the Year were 99 and totalled 2,014 at the end of the Year (FY25: 1,915). Consulting member firms were 433 at the end of the Year (FY25: 425).

Paul Hogarth, Founder and CEO of Tatton Asset Management plc, said

"I am proud that we have delivered another year of strong performance and continued the long-term growth momentum we have consistently built since inception. Our core business has achieved excellent organic growth, with underlying organic net inflows2 of £2.806 billion and market and investment performance of £2.456 billion driving total AUM/I1 to £24.216 billion, an increase of 11.0% over the prior year. The number of firms using our services grew by 9.7% to 1,218, and our investment proposition continues to attract recognition across the market, a testament to the strength and consistency of our adviser-led growth model.

"We have continued to make excellent progress towards our five-year 'Roadmap for Growth' strategy, targeting £30 billion in AUM/I1 by 2029. Against a volatile and challenging macroeconomic and geopolitical backdrop, I am particularly pleased with the consistency of our underlying net inflows throughout the year, with a stronger second half contributing to a full-year average of £234 million per month and at the top of our guidance range. This performance reflects the quality of our people and the depth of our adviser relationships.

"The contribution Paradigm continues to make to the Group is also pleasing. Paradigm has delivered a strong and consistent performance, with Paradigm Mortgages achieving a record level of completions at £17.5 billion and Paradigm Consultancy contributing another dependable year.

"Taken all together these results are a testament to the dedication of our team and the strength of our partnerships with independent financial advisers and I remain confident in our long-term vision for the Group and in our ability to continue to achieve our targets in the years ahead.

"The Board expects that our financial performance for FY26 will be towards the upper end of market expectations. While we are mindful of ongoing geopolitical and economic volatility and its impact on global markets, we remain optimistic and look forward to building on our success and making further progress in the new financial year ahead."

1AUM/I includes 100% of 8AM Global AUM (Assets under Influence).

2Underlying net inflows & Underlying AUM exclude the termination of the Perspective contract.

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For more information, please visit: www.tattonassetmanagement.com