MLN undiluted NAV as at 6/10/20 – $1.0860

MLN undiluted NAV as at 6/10/20 - $1.0860 Date 6/10/2020 30/9/2020 MLN undiluted NAV* $1.0860 $1.0838 Share price close $1.14 $1.10 (Premium) (5%) (1%) The above net asset value (NAV) is unaudited and net of fees and tax. The NAV per share is calculated after deducting treasury stock (shares acquired under the Marlin Global buyback programme) - currently nil. A performance fee payable to the Manager is currently being accrued in the NAV calculation. * The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (MLNWD). At 6 October 2020, 37,252,688 warrants are on issue and may be exercised on 6 November 2020. The final exercise price of each warrant is $0.86. The five largest portfolio holdings at 6 October 2020 are approximately as follows: Alibaba Group 8% Facebook 7% Alphabet 7% Mastercard 5% Tencent 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:00361189 For:MLN Type:MKTUPDTE Time:2020-10-08 15:22:54