IMF Bentham Limited Annual Report 2019

Track Record of Success Wins/settlements Losses Portfolio diversity increased* Our diversified portfolio mitigates risk and leverages market opportunities. <1% Arbitration Patent Whistleblower Appeal Other IP Insolvency Commercial Law Firm Group 9% 22% 40% 13% 8% 2% 3% 3% EPV by Investment Type (%) Portfolio more geographically dispersed* Through geographical spread, we are more resilient to jurisdictional dynamics. 41% 8% 11% 32% 8% Canada Australia United States EMEA Asia EPV by Geography (%) * Portfolio value from 2017 includes conditionally funded investments and investments approved for funding by the Investment Committee, but not yet funded. Overview Financial Report Shareholder Information 3 Directors’ Report IMF Bentham Limited Annual Report 2019 $2.39 billion total recoveries $1.49 billion returns for funded claimants 2.6 years average investment length 83 active investments 89% success rate 192 investments funded to completion 171 21 Delivering results for over 18 years 1.3x return on invested capital