MLN undiluted NAV as at 16/4/19 – $0.9706

MLN undiluted NAV as at 16/4/19 - $0.9706 Date 16/4/2019 9/4/2019 MLN undiluted NAV* $0.9706 $1.0061 Share price close $0.88 $0.86 Discount 9% 15% The above undiluted net asset value (NAV) is unaudited and net of fees and tax. The NAV per share is calculated after deducting treasury stock of 110,000 shares (acquired under the Marlin Global buyback programme). The five largest portfolio holdings at 16 April 2019 are approximately as follows: Alphabet (US) 8% PayPal (US) 7% Alibaba Group (China) 5% Mastercard (US) 5% TJX Companies Inc (US) 5% BACKGROUND Marlin Global is a listed investment company that invests in growing companies based outside of New Zealand and Australia. The Marlin portfolio is managed by Fisher Funds, a specialist investment manager with a track record of successfully investing in growth company shares. The aim of Marlin is to offer investors competitive returns through capital growth and dividends, and access to a diversified portfolio of investments through a single, tax-efficient investment vehicle. Marlin listed on the NZX Main Board on 1 November 2007 and may invest in companies that are listed on any approved stock exchange (excluding New Zealand or Australia) or unlisted companies not incorporated in New Zealand or Australia. Contact Corporate Manager Marlin Global Limited Tel +64 9 4840352 End CA:00333568 For:MLN Type:MKTUPDTE Time:2019-04-18 15:26:15