Ann: 2020 Annual General Meeting Presentation, page-2

Hi All

Some of the key points from the AGM:
1) VPC has raised two SPAC's of $372M that are expected to contribute to enhanced performance and are closing on initiatives that will lead to higher FUM.
2) Proterra FUM raising initiatives will increase this quarter
3) Another investment of $6-8M potentially to be made before end of 2020 calendar year. Business small boutique that are currently operating (not a start up) and will contribute to growth.
4) Another small investment in the pipeline, likely to be in the second half of 2021
5) Once COVID travel limitations lifted, there is a solid pipeline of Institutional FUM waiting to be invested (Sales Team need to meet face to face for these investors). Confident FUM growth for all other boutiques will pick up once this starts.
6) GQG growth continues with more than $80B in FUM advised by management.
7) Performance fees have been impacted by inability to sell assets (ROC partners particularly mentioned). Once COVID lifted these fees are expected to pick up (pushing revenues out to next half). Half year in Feb will be interesting to see.

Anyone else have some other points?

Best of Luck
Lost