Performance

NAV Per Share Total Return and Share Price since inception

Returns and Performance Highlights

NAV Per Share Total Return (13)

(2.6)%

2026 Year to Date

10.3%

10 Years Annualised

11.0%

Since IPO Annualised

612%

Since IPO

Investment Returns/Return on Equity (RoE)(14)

(2.5)%

2026 YTD RoE

10-15%

RoE Target

11.9%

Annual Average Since IPO

Dividends

$0.11

Q3 2025 Dividend

$0.33

2025 YTD Dividends

2.8%

Dividend Yield(15)

(2.0)%

Dividend 5-Year CAGR(16)

Diversification and return of value

Tetragon Portfolio: Alpha and Market Sensitivity Notes

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