Title: PowerPoint Presentation URL Source: https://documentscdn.financialexpress.net/Literature/EA982668B18D2440C5D9234D470C9C83/242079261.pdf Number of Pages: 4 Markdown Content: Factsheet: 30 April 2026 This document is a marketing communication. Before subscribing, please read the latest annual report and the KID. 1 ## Investment objective Impax Environmental Markets plc’s (“IEM” or the “Company”) investment objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water and waste. Investments are made predominantly in quoted companies which provide, utilise, implement or advise upon technology-based systems, products or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management (which includes sustainable food, agriculture and forestry). The latest Annual Report, which can be found on the website, further sets out the investment objective, policy, maximum borrowings and principal risk factors faced by the Company. We advise that you read this in conjunction with the KID before investing. All documents are available here . ## Why IEM plc The Company is founded on the belief that, with insatiable demand for higher living standards on a finite planet, companies enabling the cleaner and more efficient delivery of basic needs – such as power, water and food – or mitigating environmental risks like pollution and climate change, will grow earnings over the long-term. IEM provides its shareholders with exposure those companies. The Company invests in a well-researched and diversified portfolio of globally-listed companies providing innovative solutions to environmental challenges or improving resource efficiency. The Manager of IEM, Impax Asset Management (AIFM) Limited (or “Impax”), uses a proprietary classification system to define these higher growth markets. This classification system identifies six categories: Energy, Clean and efficient transport, Water, Circular economy, Smart environment and Sustainable food. The range of activities included has naturally grown as technologies advance and more industries look to address material environmental challenges. # Impax Environmental Markets plc ## Debt structure Maturity Interest Rate €20m (£17.3m) 7y Floating: 6m EURIBOR +1.35% €30m (£25.9m) 10y Fixed: 4.48% €10m (£8.6m) 12y Fixed: 4.63% Revolving credit facility £35.3m Revolving credit facility fl exible funding option that enables businesses to withdraw credit when required Fixed Interest rate an unchanging rate charged on a liability Floating interest rate changes periodically in accordance with the benchmark rate to which it’s pegged EURIBOR Euro Interbank Offered Rate (based on the average interest rates at which a large panel of European banks borrow funds from one another) Total borrowing £87.1 m ## Fund facts Launch date 22 Feb 2002 Domicile UK Exchange LSE Currency GBP ## Key data NAV / share (book cost) 488.6 Share price 434.00 Discount / premium -11.17% Dividend yield 1 1.18% Total net asset £926m Market cap £822m No. holdings 54 Net gearing 2 - ## Fees Ongoing charges 3 0.89% > 1 Total dividends per share paid over the last 12 months divided by the share price at month-end. > 2 For more details see debt structure. > 3 The AICs methodology for calculating an Ongoing Charges figure uses, as the denominator, the average of the net asset values (NAV) in the period. Net asset values are calculated on the basis of debt at fair value and including current year income. 30 April 2026 Past performance does not predict future returns. 2 # Impax Environmental Markets plc Past performance does not predict future returns. Figures refer to the past and that past performance is not a reliable indicator of future results. There is no guarantee that any forecasts made will come to pass. Benchmark references are selected based on their investment orientations which were deemed comparable to the investment vehicles. The manager is not constrained by the fund's benchmark, which is used for performance comparison purposes only. Date source: Bloomberg as at 30 April 2026. Performance is shown on a bid-to-bid price basis, with net income reinvested, net of ongoing charges and portfolio costs. 1First full month since inception: March 2002. 3M 1Y 3Y 5Y 10Y SI 1 IEM (NAV) 11.9 27.6 5.6 2.8 11.0 7.5 IEM plc Share Price 6.6 27.3 3.1 -1.0 10.9 7.0 MSCI ACWI 4.6 28.8 16.8 11.1 13.1 8.8 Solactive GEM Specialists 12.5 - - - - - ## Rolling 12m returns (%) ## Annualised returns (%) APR-25 TO APR-26 APR-24 TO APR-25 APR-23 TO APR-24 APR-22 TO APR-23 APR-21 TO APR-22 APR-20 TO APR-21 APR-19 TO APR-20 APR-18 TO APR-19 APR-17 TO APR-18 APR-16 TO APR-17 IEM (NAV) 27.6 -9.8 2.3 -0.1 -2.6 62.7 -4.7 10.5 6.1 36.5 IEM plc Share Price 27.3 -9.0 -5.4 -6.4 -7.1 66.7 -2.5 13.9 19.2 33.6 MSCI ACWI 28.8 4.8 17.9 1.9 4.3 32.8 -1.8 11.0 7.2 30.4 Solactive GEM Specialists - - - - - - - - - - ## Cumulative performance, rebased to 100 > 61 > 81 > 101 > 121 > 141 > 161 Apr-21 Apr-22 Apr-23 Apr-24 Apr-25 Apr-26 IEM (NAV) IEM plc Share Price MSCI ACWI Key risk considerations The value of an investment in the Company, and any income derived from it, may fluctu ate and can go down as well as up depending on a number of factors. The main factors likely to affect future returns from an investment in the Company include: Changes in general economic and market conditions, such as currency exchange rates, interest rates, rates of infl ation, industry conditions, tax laws, political events and trends can substantially and adversely affect the value of investments. The Company invests in companies with small market capitalisations, which are likely to be subject to higher valuation uncertainties and liquidity risks than larger capitalisation securities. The Company invests in companies operating in environmental markets. Such companies carry risks that governments may alter regulatory and financial support or environmental improvement. Failure of I T or physical security could potentially lead to breaches of confidential it, data records being compromised and the inability to make investment decisions. The Company may borrow money for investment purposes. If investment markets fall in value, any borrowing will enhance the level of loss. Shares of the Company may trade at a discount or a premium to Net Asset Value for variety of reasons including market sentiment and market conditions. On a sale you could realise less than the Net Asset Value and less than you initially invested. 30 April 2026 Past performance does not predict future returns. 3 # Impax Environmental Markets plc ## Environmental markets exposure Geographical exposure 1 The specific securities identified and described do not represent all securities purchased, sold, or recommended for the portfolio, and no assumptions should be made that the securities identified and discussed were or will be profitable. Data s ource: Impax/FactSet/Bloomberg. Data as at 30 April 2026. Charts may not add to 100% due to rounding. 1Geographic allocation by country of listing. 2Holdings are subject to change without notice. 3MSCI classification if available. Top 10 holdings 2 Sub-sector Country 3 % SIEMENS ENERGY AG Smart & Efficient Grids Germany 4.37 WASTE CONNECTIONS INC General Waste Management United States 3.54 AIR LIQUIDE SA Industrial Energy Efficiency France 3.51 SSE PLC Renewable Energy Developers & IPPs United Kingdom 3.00 CONTEMPORARY AMPEREX TECHN-A Advanced Road Vehicles & Devices China 2.96 KLA CORP Water Efficiency United States 2.83 NOVONESIS (NOVOZYMES) B Sustainable Agriculture Denmark 2.81 VEOLIA ENVIRONNEMENT Water Utilities France 2.81 LITTELFUSE INC Industrial Energy Efficiency United States 2.32 SCHNEIDER ELECTRIC SE Smart & Efficient Grids France 2.18 TOTAL 30.34 34% 15% 15% 11% 9% 7% 5% 1% 2% Energy Management & Efficiency Digital Infrastructure Water Infrastructure & Technologies Resource Efficiency & Waste Management Transport Solutions Alternative Energy Sustainable Food & Agriculture Environmental Services & Resources Cash 46% 34% 12% 3% 2% 2% North America Europe Asia-Pacific ex Japan Japan RoW Cash 30 April 2026 Past performance does not predict future returns. 4 # Important information How to invest Investors can invest either through the purchasing of shares through a stockbroker, bank, or other financial intermediary, or through several investment platforms. http://impaxenvironmentalmarkets.co.uk/how -to -invest/ This marketing communication does not include sufficient detail to enable the recipient to make an informed decision. Please refer to the latest Annual Report and KID which set out the investment objective, policy, maximum leverage and principal risk factors faced by the Company. Additional information issued to shareholders can be obtained here: https://impaxenvironmentalmarkets.co.uk/about/documents/ The value of an investment in the Company, and any income derived from it, may fluctuate and can go down as well as up depending on a number of factors. The main factors likely to affect future returns from an investment in the Company include: Changes in general economic and market conditions such as currency exchange rates, interest rates, rates of inflaton, industry conditions, tax laws, political events, policy development, technological change and any other factors that may cause price movements, volatility or illiquidity in the market generally. Fluctuations in the value of the Company’s underlying investments, particularly those investments in companies with small capitalisations and/or unlisted securities, which are likely to be subject to higher valuation uncertainties and liquidity risks than companies with larger capitalisations and other securities listed or traded on a regulated market. Events or conditions impacting the Company’s investments in companies operating in environmental markets, such as governments altering the regulatory and financial support or environmental improvement, costs of technology not falling or increasing, reduced or deferred capital spending by customers or products or services not being adopted. Increased risks arising from borrowing by the Company. If investment markets fall in value, any borrowing will enhance the level of loss. Shares of the Company may trade at a discount or a premium to Net Asset Value for variety of reasons including market sentiment and market conditions. On a sale you could realise less than the Net Asset Value and less than you initially invested. Other risks arising from events which are outside of the Company’s control, such as the Covid-19 pandemic and the conflict in Ukraine. This document is a financial promotion and has been approved by Impax Asset Management Limited (“Impax”; FRN: 197008) which is authorised and regulated by the Financial Conduct Authority. Before making any investment decision, please consult full details of the objectives, investment policies and risks in the latest annual report, key investor information documents (KIID) and/or key information document (KID). Impax Environmental Markets Plc (the “Fund”), which is the subject of this document, is incorporated in England and Wales under the Companies Act 1985 with registered number 4348393 and registered as an investment company. The Fund is classified as an Alternative Investment Fund under Directive 2011/61/EU as onshored into the domestic body of UK legislation, and in respect of which Impax Asset Management (AIFM) Limited (authorised and regulated by the Financial Conduct Authority FRN: 613534) acts as the Alternative Investment Fund Manager. Please refer to the latest annual report of the Fund and to the Key Information Document before making any final investment decision. This document is solely for the use of professionals, defined as Eligible Counterparties or Professional Clients as defined in the Glossary to the UK Financial Conduct Authority Handbook. Past performance does not predict future returns. Information on past performance refers to the past and past performance is not a reliable indication of future performance. The value of investments may go down as well as up and is not guaranteed. Changes in rates of exchange may cause the value of investments to fluctuate. The annual investment management charge and other charges are generally deducted from income, although a portion may be deducted from capital of the trust. Where charges are deducted from capital, the potential for capital growth will be reduced. It is important to choose a fund that does not exceed the risk level you are prepared to accept. Portfolio characteristics, including specific holdings, country, sector and industry exposure, are as of the date indicated and are subject to change without notice. Portfolio characteristics illustrate the application of Impax’s investment style only and should not be considered a recommendation by Impax. Any reference to a specific security does not constitute a recommendation to buy, sell or hold any specific fund or security. Such information pertains to past performance or is the basis for previously made investment decisions and may not be current. Impax is a trademark of Impax Asset Management Group Plc. Impax is a registered trademark in the EU, US, Hong Kong, and Australia. © Impax Asset Management LLC, Impax Asset Management Limited and/or Impax Asset Management (Ireland) Limited. All rights reserved. ISIN GB0031232498 SEDOL 3123249 Bloomberg IEM LN