MLN undiluted NAV as at 23/4/19 – $0.9847

MLN undiluted NAV as at 23/4/19 - $0.9847 Date 23/4/2019 16/4/2019 MLN undiluted NAV* $0.9847 $0.9706 Share price close $0.87 $0.88 Discount 12% 9% 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 125,141 shares (acquired under the Marlin Global buyback programme). A performance fee payable to the Manager is currently being accrued in the NAV. The five largest portfolio holdings at 23 April 2019 are approximately as follows: Alphabet (US) 8% TJX Companies Inc (US) 5% Mastercard (US) 5% PayPal (US) 5% Alibaba Group (China) 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:00333724 For:MLN Type:MKTUPDTE Time:2019-04-26 15:43:55