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Mercer SmartPath delivered strong performance in 2025^

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^ Based on all Mercer SmartPath Corporate Super Division cohorts for members invested for the period 1 January 2025 to 31 December 2025. Mercer Super Trust analysis of Mercer SmartPath performance (after investment fees and taxes) as at 31 December 2025 with the majority of members returns compared to the top quartile returns of all default funds (10.2% or above) reported in SuperRatings Fund Crediting Rate Survey – Default Options as at 31 December 2025. Based on Mercer Super Corporate Super Division membership data as at 31 December 2025. Returns across all Mercer SmartPath cohorts for the period 1 January 2025 to 31 December 2025 varied between 7.2% and 10.7%.

Disclaimer: This content has been prepared on behalf of Mercer Superannuation (Australia) Limited (MSAL) ABN 79 004 717 533, Australian Financial Services Licence 235906, the trustee of the Mercer Super Trust ABN 19 905 422 981 (‘Mercer Super’). Any advice provided is of a general nature and does not take into account your objectives, financial situation or needs. Before acting on any advice, we recommend you obtain your own financial advice and consider the Product Disclosure Statement available at mercersuper.com.au. The product’s Target Market Determination setting out the class of people for whom the product may be suitable can be found at mercersuper.com.au/tmd. Past performance is not a reliable indicator of future performance. The value of an investment in the Mercer Super Trust may rise and fall from time to time. The investment performance, earnings or return of capital invested are not guaranteed.

The trustee has appointed Mercer Investments (Australia) Limited (MIAL) ABN 66 008 612 397 AFSL #244385 as an implemented consultant to provide investment strategy advice, portfolio management and implementation services including investment manager selection and monitoring. MIAL is also the responsible entity of a number of investment funds (the Mercer Funds). Mercer Super Trust invests in the Mercer Funds. Neither MSAL or MIAL or any of the underlying fund investment managers guarantee the investment performance, earnings or return of capital invested in any of the Mercer Super Trust investment options.

Mercer Financial Advisers are authorised representatives of Mercer Financial Advice (Australia) Pty Ltd (MFAAPL) ABN 76 153 168 293, Australian Financial Services Licence #411766. The trustee has appointed MFAAPL to provide financial advice services for members of the Mercer Super Trust.

'MERCER' and 'Mercer SmartPath' are Australian registered trademarks of Mercer (Australia) Pty Ltd ABN 32 005 315 917.