5 March 2021

The Manager

ASX Market Announcements Australian Securities Exchange Limited Sydney NSW 2000

By e-Lodgement

Platinum Investment Management Limited ("Platinum")

Funds Under Management ("FUM")1

28/02/2021

31/01/2021

($M)

($M)

Funds Under Management

24,853

23,818

In February 2021, Platinum experienced net outflows of approximately $396 million. This included net outflows from the Platinum Trust Funds2 of approximately $350 million, $250m of which related to one client rebalancing their portfolio as a result of Platinum's strong investment performance.

The most recent investment performance for funds managed by Platinum can be found athttps://www.platinum.com.au/Investing-with-Us/Prices-Performance

Authorised by

Joanne Jefferies | Company Secretary

Investor contact

Elizabeth Norman | Director of Investor Services and Communications Platinum Asset Management Limited

Tel: 61 2 9255 7500

Fax: 61 2 9254 5555

  • 1 Funds Under Management and flow information are approximate, rounded, and have not been audited.

  • 2 Platinum International Fund (includes Platinum International Fund (Quoted Managed Hedge Fund)), Platinum Unhedged

Fund, Platinum Asia Fund (includes Platinum Asia Fund (Quoted Managed Hedge Fund)), Platinum European Fund, Platinum Japan Fund, Platinum International Brands Fund, Platinum International Health Care Fund, Platinum International Technology Fund and Platinum Global Fund.

Level 8, 7 Macquarie Place, Sydney NSW 2000, Australia | GPO Box 2724, Sydney NSW 2001

Telephone 61 2 9255 7500 | Investor Services 1300 726 700 | Facsimile 61 2 9254 5590 | Emailinvest@platinum.com.au| Websitewww.platinum.com.au

Platinum Asset Management Limited ABN 13 050 064 287

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Disclaimer

Platinum Asset Management Limited published this content on 05 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 March 2021 06:12:06 UTC.