Victory Capital Holdings, Inc.

Total Client Assets(unaudited; in millions) 1

As of:

By Asset Class

July 31, 2026

June 30, 2026

Solutions

$

108,088

$

105,641

Fixed Income

84,830

83,412

U.S. Mid Cap Equity

30,523

31,285

U.S. Small Cap Equity

10,865

11,331

U.S. Large Cap Equity

65,772

66,390

Global / Non-U.S. Equity

37,890

37,441

Alternative Investments

3,446

3,365

Total Long-Term Assets

$

341,415

$

338,864

Money Market / Short Term Assets

3,703

3,585

Total Assets Under Management2

$

345,117

$

342,450

By Vehicle

Mutual Funds3

$

178,874

$

180,696

Separate Accounts and Other Pooled Vehicles4

145,355

142,583

ETFs5

20,889

19,171

Total Assets Under Management2

$

345,117

$

342,450

Other Assets6

Institutional

$

3,657

$

3,611

Total Other Assets

$

3,657

$

3,611

Total Client Assets

Total Assets Under Management

$

345,117

$

342,450

Total Other Assets

3,657

3,611

Total Client Assets

$

348,774

$

346,061

By Region

U.S.

$

285,161

$

283,490

Non-U.S.

63,614

62,571

Total Client Assets

$

348,774

$

346,061

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.