Marex Group plc (MRX) Analyst/Investor Day Transcript

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Marex Group plc (MRX) Analyst/Investor Day March 26, 2026 9:00 AM EDT

Company Participants

Ian Lowitt – Group CEO & Executive Director
Crispin Robert Irvin – CFO & Director
Thomas Texier – Group Head of Clearing
Paolo Tonucci – Chief Strategist & CEO of Capital Markets
Nilesh Jethwa – Chief Executive Officer of Marex Solutions

Conference Call Participants

William Katz – TD Cowen, Research Division
Alex Kramm – UBS Investment Bank, Research Division
Patrick Moley – Piper Sandler & Co., Research Division
Christopher Allen – Keefe, Bruyette, & Woods, Inc., Research Division
Benjamin Budish – Barclays Bank PLC, Research Division

Conversation

Ian Lowitt
Group CEO & Executive Director

Welcome, everybody, to our 2026 Investor Day. It’s great to see so many familiar faces, and we appreciate the effort you’ve made to join us here today. It’s almost 2 years since our IPO in April of 2024. And it’s instructive to cast one’s mind back to that time and how we describe Marex to gain a sense of how much we have accomplished during that 2-year period. For me, more important than the outperformance itself is understanding what it is that explains, why we’ve been able to grow so much more successfully than we expected because that provides the basis for our assessment of how we will deliver the next phase of our growth.

Our goal has always been to build a resilient business, capable of sustained double-digit growth for a range of market environments. Since our IPO, we have delivered that consistent growth with every quarter ahead of the same quarter in the prior year. It is that consistency, which is one of the clearest indications of how much the firm has strengthened and underpins our confidence in our future. It’s instructive to look back at how we conceptualize our opportunity and describe the investment case at our IPO. The foundation was the same



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