Victory Capital Holdings, Inc.

Total Client Assets(unaudited; in millions) 1

As of:

By Asset Class

Feb. 28, 2026

Jan. 31, 2026

Solutions

$

96,113

$

94,075

Fixed Income

80,827

80,429

U.S. Mid Cap Equity

31,411

30,863

U.S. Small Cap Equity

11,453

11,416

U.S. Large Cap Equity

63,359

64,340

Global / Non-U.S. Equity

34,176

32,441

Alternative Investments

2,928

2,868

Total Long-Term Assets

$

320,267

$

316,432

Money Market / Short Term Assets

3,752

3,773

Total Assets Under Management2

$

324,019

$

320,205

By Vehicle

Mutual Funds3

$

176,203

$

175,017

Separate Accounts and Other Pooled Vehicles4

131,091

129,213

ETFs5

16,725

15,976

Total Assets Under Management2

$

324,019

$

320,205

Other Assets6

Institutional

$

3,083

$

2,976

Total Other Assets

$

3,083

$

2,976

Total Client Assets

Total Assets Under Management

$

324,019

$

320,205

Total Other Assets

3,083

2,976

Total Client Assets

$

327,103

$

323,181

By Region

U.S.

$

269,771

$

266,847

Non-U.S.

57,332

56,334

Total Client Assets

$

327,103

$

323,181

1Due to rounding, numbers presented in these tables may not add up precisely to the totals provided.

2Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets.

3Includes institutional and retail share classes, money market and VIP funds.

4Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles.

5Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products.

6Includes low-fee (2 to 4 bps) institutional assets. These assets are included as part of Victory’s Regulatory Assets Under Management reported in Form ADV Part 1.