Exhibit 99.1

Federated Hermes, Inc. reports record assets under management with second quarter 2026 earnings

•Total assets under management reach a record $911.6 billion

•Equity assets reach a record $109.6 billion

•Q2 2026 earnings per diluted share of $1.38

•Board declares $0.38 per share dividend

(PITTSBURGH, Pa., July 30, 2026) — Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today reported earnings per diluted share (EPS) of $1.38 for Q2 2026, compared to $1.16 for the same quarter last year, on net income of $104.3 million for Q2 2026, compared to $91.0 million for Q2 2025.

Federated Hermes' total managed assets were a record $911.6 billion at June 30, 2026, up $65.9 billion or 8% from $845.7 billion at June 30, 2025 and up $4.5 billion from $907.1 billion at March 31, 2026. Total average managed assets for Q2 2026 were $910.0 billion, up $72.7 billion or 9% from $837.3 billion for Q2 2025 and down $5.6 billion or 1% from $915.6 billion for Q1 2026.

"In addition to reaching record high equity assets in the second quarter, we achieved record gross sales across the range of our MDT suite of quantitative investment solutions, reaching all-time highs in MDT institutional separate accounts and SMAs (separately managed accounts). We also saw net positive MDT sales for the 14th consecutive quarter," said J. Christopher Donahue, president and chief executive officer.

"We continued to broaden our investment offerings by launching two new exchange-traded funds (ETFs) and introducing our first fund designed for use by participants in the blockchain ecosystem. We also expanded our private markets business by acquiring a majority interest in U.S. real estate manager FCP Fund Manager, L.P.," he said.

Federated Hermes' board of directors declared a dividend of $0.38 per share. The dividend is payable on Aug 14, 2026 to shareholders of record as of Aug 7, 2026. During Q2 2026, Federated Hermes purchased 1,119,805 shares of Federated Hermes class B common stock for $58.9 million.

Equity assets were a record $109.6 billion at June 30, 2026, up $20.6 billion or 23% from $89.0 billion at June 30, 2025 and up $8.8 billion or 9% from $100.8 billion at March 31, 2026. Top-selling equity funds during Q2 2026 on a net basis were Federated Hermes MDT Large Cap Growth Fund, Federated Hermes MDT Mid Cap Growth Fund, Federated Hermes MDT US Equity Fund, Federated Hermes MDT All Cap Core Fund and Federated Hermes MDT Small Cap Core Fund.

Fixed-income assets were $100.5 billion at June 30, 2026, up $1.8 billion or 2% from $98.7 billion at June 30, 2025 and up $0.7 billion or 1% from $99.8 billion at March 31, 2026. Top-selling fixed-income funds during Q2 2026 on a net basis were Federated Hermes Ultrashort Bond Fund, Federated Hermes Total Return Bond ETF, Federated Hermes Conservative Municipal Microshort Fund, Federated Hermes Adjustable Rate Fund and Federated Hermes Conservative Microshort Fund.

MEDIA:			ANALYSTS:
Ed Costello 412-288-7538			Ray Hanley 412-288-1920

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Federated Hermes reports Q2 2026 earnings						Page 2 of 13

Alternative/private markets assets were $21.6 billion at June 30, 2026, up $0.9 billion or 4% from $20.7 billion at June 30, 2025 and up $2.6 billion or 14% from $19.0 billion at March 31, 2026. The increase was primarily due to $3.2 billion of assets acquired through the FCP Fund Manager, L.P. (FCP) transaction.

Money market assets were $676.9 billion at June 30, 2026, up $42.5 billion or 7% from $634.4 billion at June 30, 2025 and down $7.8 billion or 1% from $684.7 billion at March 31, 2026. Money market fund assets were $499.9 billion at June 30, 2026, up $31.9 billion or 7% from $468.0 billion at June 30, 2025 and down $2.9 billion or 1% from $502.8 billion at March 31, 2026.

Financial Summary

Q2 2026 vs. Q2 2025

Revenue increased $77.9 million or 18% primarily due to an increase from higher average equity and money market assets as well as due to the FCP acquisition in Q2 2026 ($13.9 million).

During Q2 2026, Federated Hermes derived 50% of its revenue from money market assets, 48% from long-term assets (30% from equity, 10% from fixed-income, and 8% from alternative/private markets and multi-asset) and 2% from sources other than managed assets.

Operating expenses increased $62.1 million or 20% primarily due to a $22.4 million increase in distribution expenses resulting primarily from higher average money market fund assets, a $16.7 million increase in compensation and related expense, including $6.5 million of FCP-acquisition-related expenses, a $9.2 million increase in other expense primarily due to fluctuations in foreign currency exchange rates, and a $7.0 million increase in professional service fees including $4.7 million of FCP-acquisition-related expenses. Intangible asset related expenses increased $2.9 million, including $3.0 million of amortization of intangible assets associated with the FCP acquisition.

Nonoperating income (expenses), net for Q2 2026 decreased $2.6 million or 19% primarily due to a decrease in interest and dividend income.

Q2 2026 vs. Q1 2026

Revenue increased $23.8 million or 5% primarily due to the FCP acquisition in Q2 2026 ($13.9 million) and higher average equity assets.

Operating expenses increased $17.3 million or 5% primarily due to a $7.4 million increase in compensation and related expense including $6.5 million of FCP-acquisition-related expenses and a $4.3 million increase in professional service fees primarily due to the increase of FCP-acquisition-related expenses of $3.2 million. Intangible asset related expenses increased $3.0 million due to the amortization of intangible assets associated with the FCP acquisition.

Nonoperating income (expenses), net increased $7.7 million primarily due to a larger increase in the market value of investments in Q2 2026 as compared to the increase in the market value of the investments in Q1 2026.

YTD 2026 vs. YTD 2025

Revenue increased $133.3 million or 16% primarily due to an increase from higher average money market and equity assets and due to the FCP acquisition in Q2 2026 ($13.9 million).

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Federated Hermes reports Q2 2026 earnings						Page 3 of 13

For the first half of 2026, Federated Hermes derived 52% of its revenue from money market assets, 47% from long-term assets (30% from equity, 10% from fixed-income, and 7% from alternative/private markets and multi-asset) and 1% from sources other than managed assets.

Operating expenses increased $123.0 million or 21% primarily due to a $49.0 million increase in distribution expenses resulting primarily from higher average money market fund assets, a $27.5 million increase in compensation and related expense primarily due to higher incentive compensation and $6.5 million of FCP-acquisition-related expenses, a $27.4 million increase in other expense primarily due to a value added tax (VAT) refund received in Q1 2025 related to amended VAT filings in the U.K. and fluctuations in foreign currency exchange rates, and a $9.8 million increase in professional service fees primarily due to $6.2 million in FCP-acquisition-related expenses and costs related to global technology projects. Intangible asset related expenses increased $3.1 million due primarily to $3.0 million related to the amortization of intangible assets associated with the FCP acquisition.

Nonoperating income (expenses), net decreased $3.4 million primarily due to a decrease in interest and dividend income.

Earnings call information

Federated Hermes will host an earnings conference call at 9 a.m. Eastern on Friday, July 31, 2026. Investors are invited to listen to the earnings teleconference by calling 877-545-0523 (domestic) or 973-528-0016 (international) prior to the 9 a.m. start time. To listen online, go to the About section of FederatedHermes.com/us to register and join the call. A replay will be available at approximately 12:30 p.m. Eastern on July 31, 2026. To access the telephone replay, dial 877-481-4010 (domestic) or 919-882-2331 (international) and enter access code 54241. The online replay will be available via FederatedHermes.com/us for one year.

About Federated Hermes

Federated Hermes, Inc. is a global leader in active investment management, with $911.6 billion in assets under management1. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,200 employees in London, New York, Boston and offices worldwide.

Federated Hermes ranks in the top 5% of equity fund managers, the top 8% of money market fund managers and the top 11% of fixed-income fund managers2 in the industry. Federated Hermes also ranks as the 9th-largest manager of model-delivered separately managed accounts3. For more information, including an analyst presentation, which is updated periodically, visit FederatedHermes.com/us.

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1) As of June 30, 2026.

2) Morningstar, June 30, 2026. Based on U.S. fund flows rankings.

3) Money Management Institute/Cerulli Q1 2026.

Federated Securities Corp. is distributor of the Federated Hermes funds.

Separately managed accounts are made available through Federated Global Investment Management Corp., Federated Investment Counseling, Federated MDTA LLC, Hermes Fund Managers Ireland Limited, Hermes Investment Management Limited, Hermes GPE LLP, and Federated Hermes FCP Manager, LLC, each a registered investment advisor in one or more of the U.S., U.K. or Ireland.

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Federated Hermes reports Q2 2026 earnings						Page 4 of 13

Cautionary statements

Certain statements in this press release, such as those related to performance, investment strategies, opportunities to meet client needs, investment offerings, investor preferences and demand, asset flows and asset mix constitute or may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the company, or industry results, to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements can include statements that do not relate strictly to historical or current facts and are typically identified by words or phrases such as “trend,” “forecast,” “project,” “predict,” “potential,” “approximate,” “opportunity,” “believe,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “projection,” “plan,” “assume,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “can,” “may,” and similar expressions. Any forward-looking statement, and Federated Hermes' level of business activity and financial results, are inherently subject to significant business, market, economic, competitive, regulatory and other risks and uncertainties, many of which are difficult to predict and beyond Federated Hermes’ control. Other risks and uncertainties include the ability of the company to predict the level of fee waivers and expenses in future quarters, predict whether performance fees or carried interest will be earned and retained, the ability of the company to sustain product demand, the timing and level of product sales and redemptions, market appreciation or depreciation, revenues, and asset levels, flows and mix, which could vary significantly depending on various factors, such as market conditions, investment performance and investor behavior. Other risks and uncertainties include the risk factors discussed in the company's annual and quarterly reports as filed with the Securities and Exchange Commission. As a result, no assurance can be given as to future results, levels of activity, performance or achievements, and neither the company nor any other person assumes responsibility for the accuracy and completeness, or updating, of such statements in the future.

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Federated Hermes reports Q2 2026 earnings						Page 5 of 13

Unaudited Condensed Consolidated Statements of Income
(in thousands, except per share data)
			Quarter Ended						% Change Q2 2025 to Q2 2026						Quarter Ended			% Change Q1 2026 to Q2 2026
			June 30, 2026			June 30, 2025									March 31, 2026
Revenue
Investment advisory fees, net			$	337,721		$	287,435		17		%				$	319,408		6		%
Administrative service fees, net—affiliates			110,117			101,657			8						110,285			0
Other service fees, net			54,938			35,752			54						49,264			12
Total Revenue			502,776			424,844			18						478,957			5
Operating Expenses
Compensation and related			161,528			144,872			11						154,119			5
Distribution			121,766			99,399			23						125,745			(3)
Systems and communications			25,950			23,481			11						26,463			(2)
Professional service fees			25,610			18,628			37						21,336			20
Office and occupancy			9,836			9,910			(1)						10,062			(2)
Advertising and promotional			7,329			6,146			19						4,098			79
Intangible asset related			6,384			3,503			82						3,422			87
Travel and related			4,558			4,117			11						3,850			18
Other			6,934			(2,296)			402						3,531			96
Total Operating Expenses			369,895			307,760			20						352,626			5
Operating Income			132,881			117,084			13						126,331			5
Nonoperating Income (Expenses)
Investment income (loss), net			14,330			16,947			(15)						6,653			115
Debt expense			(3,159)			(3,170)			0						(3,185)			(1)
Other, net			(22)			(35)			(37)						(30)			(27)
Total Nonoperating Income (Expenses), net			11,149			13,742			(19)						3,438			224
Income before income taxes			144,030			130,826			10						129,769			11
Income tax provision			37,216			34,135			9						33,823			10
Net income including the noncontrolling interests in subsidiaries			106,814			96,691			10						95,946			11
Less: Net income (loss) attributable to the noncontrolling interests in subsidiaries			2,496			5,691			(56)						(432)			NM
Net Income			$	104,318		$	91,000		15		%				$	96,378		8		%
Amounts Attributable to Federated Hermes, Inc.
Earnings Per Share1
Basic and diluted			$	1.38		$	1.16		19		%				$	1.27		9		%
Weighted-Average Shares Outstanding
Basic			71,944			75,064									72,648
Diluted			71,947			75,072									72,650
Dividends Declared Per Share			$	0.38		$	0.34								$	0.34

1) Unvested share-based awards that receive non-forfeitable dividend rights are deemed participating securities and are required to be considered in the computation of earnings per share under the "two-class method." As such, total net income of $4.8 million, $4.1 million and $4.4 million available to unvested restricted Federated Hermes shareholders for the quarterly periods ended June 30, 2026, June 30, 2025 and March 31, 2026, respectively, was excluded from the computation of earnings per share.

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Federated Hermes reports Q2 2026 earnings						Page 6 of 13

Unaudited Condensed Consolidated Statements of Income
(in thousands, except per share data)
			Six Months Ended
			June 30, 2026			June 30, 2025			% Change
Revenue
Investment advisory fees, net			$	657,129		$	574,895		14		%
Administrative service fees, net—affiliates			220,402			202,766			9
Other service fees, net			104,202			70,723			47
Total Revenue			981,733			848,384			16
Operating Expenses
Compensation and related			315,647			288,143			10
Distribution			247,510			198,484			25
Systems and communications			52,413			47,707			10
Professional service fees			46,946			37,176			26
Office and occupancy			19,898			19,862			0
Advertising and promotional			11,427			10,722			7
Intangible asset related			9,805			6,699			46
Travel and related			8,408			7,670			10
Other			10,467			(16,935)			162
Total Operating Expenses			722,521			599,528			21
Operating Income			259,212			248,856			4
Nonoperating Income (Expenses)
Investment income (loss), net			20,984			24,422			(14)
Debt expense			(6,344)			(6,349)			0
Other, net			(53)			(62)			(15)
Total Nonoperating Income (Expenses), net			14,587			18,011			(19)
Income before income taxes			273,799			266,867			3
Income tax provision			71,039			66,300			7
Net income including the noncontrolling interests in subsidiaries			202,760			200,567			1
Less: Net income (loss) attributable to the noncontrolling interests in subsidiaries			2,064			8,433			(76)
Net Income			$	200,696		$	192,134		4		%
Amounts Attributable to Federated Hermes, Inc.
Earnings Per Share1
Basic and diluted			$	2.65		$	2.40		10		%
Weighted-Average Shares Outstanding
Basic			72,294			76,296
Diluted			72,297			76,300
Dividends Declared Per Share			$	0.72		$	0.65

1) Unvested share-based awards that receive non-forfeitable dividend rights are deemed participating securities and are required to be considered in the computation of earnings per share under the "two-class method." As such, total net income of $9.1 million and $8.7 million available to unvested restricted Federated Hermes shareholders for the six months ended June 30, 2026 and June 30, 2025, respectively, was excluded from the computation of earnings per share.

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Federated Hermes reports Q2 2026 earnings						Page 7 of 13

Unaudited Condensed Consolidated Balance Sheets
(in thousands)			June 30, 2026			Dec. 31, 2025
Assets
Cash and other investments			$	480,710		$	724,297
Other current assets			179,795			139,495
Intangible assets, net, including goodwill			1,502,875			1,183,612
Other long-term assets			166,774			181,933
Total Assets			$	2,330,154		$	2,229,337
Liabilities, Redeemable Noncontrolling Interests and Equity
Current liabilities			$	254,800		$	314,141
Long-term debt			348,499			348,369
Other long-term liabilities			330,001			303,350
Redeemable noncontrolling interests			144,164			66,529
Equity excluding treasury stock			2,226,526			2,070,162
Treasury stock			(973,836)			(873,214)
Total Liabilities, Redeemable Noncontrolling Interests and Equity			$	2,330,154		$	2,229,337

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Federated Hermes reports Q2 2026 earnings						Page 8 of 13

Unaudited Changes in Long-Term Assets - By Asset Class
(in millions)			Quarter Ended												Six Months Ended
			June 30, 2026			March 31, 2026			June 30, 2025						June 30, 2026			June 30, 2025
Equity
Beginning assets			$	100,832		$	97,898		$	80,913					$	97,898		$	79,423
Sales1			9,062			9,091			7,961						18,153			15,373
Redemptions1			(10,202)			(6,878)			(6,180)						(17,080)			(12,173)
Net sales (redemptions)1			(1,140)			2,213			1,781						1,073			3,200
Net exchanges			134			(139)			0						(5)			(114)
Impact of foreign exchange2			(37)			(287)			1,023						(324)			1,777
Market gains and (losses)3			9,801			1,147			5,277						10,948			4,708
Ending assets			$	109,590		$	100,832		$	88,994					$	109,590		$	88,994
Fixed Income
Beginning assets			$	99,798		$	100,127		$	99,486					$	100,127		$	98,059
Sales1			7,687			5,927			5,267						13,614			11,211
Redemptions1			(7,864)			(6,349)			(7,652)						(14,213)			(13,940)
Net sales (redemptions)1			(177)			(422)			(2,385)						(599)			(2,729)
Net exchanges			(153)			148			5						(5)			106
Impact of foreign exchange2			(12)			(40)			208						(52)			293
Market gains and (losses)3			1,031			(15)			1,373						1,016			2,958
Ending assets			$	100,487		$	99,798		$	98,687					$	100,487		$	98,687
Alternative/Private Markets
Beginning assets			$	18,991		$	19,101		$	19,426					$	19,101		$	18,864
Sales1			650			629			782						1,279			1,867
Redemptions1			(1,002)			(547)			(551)						(1,549)			(1,575)
Net sales (redemptions)1			(352)			82			231						(270)			292
Net exchanges			8			0			(1)						8			0
Acquisitions/(dispositions)			3,237			0			109						3,237			109
Impact of foreign exchange2			26			(275)			1,091						(249)			1,623
Market gains and (losses)3			(263)			83			(118)						(180)			(150)
Ending assets			$	21,647		$	18,991		$	20,738					$	21,647		$	20,738
Multi-asset
Beginning assets			$	2,778		$	2,854		$	2,826					$	2,854		$	2,883
Sales1			41			58			44						99			107
Redemptions1			(102)			(94)			(137)						(196)			(242)
Net sales (redemptions)1			(61)			(36)			(93)						(97)			(135)
Net exchanges			0			1			(2)						1			0
Market gains and (losses)3			222			(41)			125						181			108
Ending assets			$	2,939		$	2,778		$	2,856					$	2,939		$	2,856
Total Long-term Assets
Beginning assets			$	222,399		$	219,980		$	202,651					$	219,980		$	199,229
Sales1			17,440			15,705			14,054						33,145			28,558
Redemptions1			(19,170)			(13,868)			(14,520)						(33,038)			(27,930)
Net sales (redemptions)1			(1,730)			1,837			(466)						107			628
Net exchanges			(11)			10			2						(1)			(8)
Acquisitions/(dispositions)			3,237			0			109						3,237			109
Impact of foreign exchange2			(23)			(602)			2,322						(625)			3,693
Market gains and (losses)3			10,791			1,174			6,657						11,965			7,624
Ending assets			$	234,663		$	222,399		$	211,275					$	234,663		$	211,275

1)     For certain accounts, including separately managed accounts, institutional accounts, certain sub-advised funds and other managed offerings, Sales and Redemptions are calculated as the remaining difference between beginning and ending assets after the calculation of total investment return.

2) Reflects the impact of translating non-U.S. dollar denominated assets under management (AUM) into U.S. dollars for reporting purposes.

3) Reflects the approximate changes in the fair value of the securities held by the portfolios and, to a lesser extent, reinvested dividends, distributions and net investment income.

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Federated Hermes reports Q2 2026 earnings						Page 9 of 13

Unaudited Changes in Long-Term Assets - By Asset Class and Offering Type
(in millions)
			Quarter Ended
			June 30, 2026
			Equity						Fixed Income						Alternative / Private Markets						Multi-asset						Total
			Funds			Separate Accounts1			Funds			Separate Accounts1			Funds			Separate Accounts1			Funds			Separate Accounts1			Funds.			Separate Accounts1
Beginning assets			$	55,188		$	45,644		$	45,921		$	53,877		$	12,339		$	6,652		$	2,774		$	4		$	116,222		$	106,177
Sales			5,443			3,619			3,867			3,820			576			74			41			0			9,927			7,513
Redemptions			(4,080)			(6,122)			(3,994)			(3,870)			(661)			(341)			(102)			0			(8,837)			(10,333)
Net sales (redemptions)			1,363			(2,503)			(127)			(50)			(85)			(267)			(61)			0			1,090			(2,820)
Net exchanges			144			(10)			(153)			0			8			0			0			0			(1)			(10)
Acquisitions/(dispositions)			0			0			0			0			2,788			449			0			0			2,788			449
Impact of foreign exchange2			(68)			31			(3)			(9)			12			14			0			0			(59)			36
Market gains and (losses)3			7,442			2,359			551			480			(144)			(119)			222			0			8,071			2,720
Ending assets			$	64,069		$	45,521		$	46,189		$	54,298		$	14,918		$	6,729		$	2,935		$	4		$	128,111		$	106,552
			Six Months Ended
			June 30, 2026
			Equity						Fixed Income						Alternative / Private Markets						Multi-asset						Total
			Funds			Separate Accounts1			Funds			Separate Accounts1			Funds			Separate Accounts1			Funds			Separate Accounts1			Funds			Separate Accounts1
Beginning assets			$	54,988		$	42,910		$	45,973		$	54,154		$	12,085		$	7,016		$	2,850		$	4		$	115,896		$	104,084
Sales			11,298			6,855			7,852			5,762			1,185			94			99			0			20,434			12,711
Redemptions			(8,641)			(8,439)			(7,987)			(6,226)			(979)			(570)			(196)			0			(17,803)			(15,235)
Net sales (redemptions)			2,657			(1,584)			(135)			(464)			206			(476)			(97)			0			2,631			(2,524)
Net exchanges			(25)			20			(5)			0			8			0			1			0			(21)			20
Acquisition/(dispositions)			0			0			0			0			2,788			449			0			0			2,788			449
Impact of foreign exchange2			(226)			(98)			(29)			(23)			(147)			(102)			0			0			(402)			(223)
Market gains and (losses)3			6,675			4,273			385			631			(22)			(158)			181			0			7,219			4,746
Ending assets			$	64,069		$	45,521		$	46,189		$	54,298		$	14,918		$	6,729		$	2,935		$	4		$	128,111		$	106,552

1)    Includes separately managed accounts, institutional accounts, certain sub-advised funds and other managed offerings. For certain accounts, Sales and Redemptions are calculated as the remaining difference between beginning and ending assets after the calculation of total investment return.

2)    Reflects the impact of translating non-U.S. dollar denominated AUM into U.S. dollars for reporting purposes.

3)    Reflects the approximate changes in the fair value of the securities held by the portfolios and, to a lesser extent, reinvested dividends, distributions and net investment income.

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Federated Hermes reports Q2 2026 earnings						Page 10 of 13

Unaudited Changes in Long-Term Assets - By Offering Type
(in millions)			Quarter Ended												Six Months Ended
			June 30, 2026			March 31, 2026			June 30, 2025						June 30, 2026			June 30, 2025
Total Fund Assets
Beginning assets			$	116,222		$	115,896		$	104,289					$	115,896		$	103,567
Sales			9,927			10,507			8,753						20,434			18,032
Redemptions			(8,837)			(8,966)			(9,166)						(17,803)			(17,929)
Net sales (redemptions)			1,090			1,541			(413)						2,631			103
Net exchanges			(1)			(20)			3						(21)			3
Acquisitions/(dispositions)			2,788			0			109						2,788			109
Impact of foreign exchange1			(59)			(343)			1,313						(402)			1,998
Market gains and (losses)2			8,071			(852)			5,108						7,219			4,629
Ending assets			$	128,111		$	116,222		$	110,409					$	128,111		$	110,409
Total Separate Account Assets3
Beginning assets			$	106,177		$	104,084		$	98,362					$	104,084		$	95,662
Sales4			7,513			5,198			5,301						12,711			10,526
Redemptions4			(10,333)			(4,902)			(5,354)						(15,235)			(10,001)
Net sales (redemptions)4			(2,820)			296			(53)						(2,524)			525
Net exchanges			(10)			30			(1)						20			(11)
Acquisitions/(dispositions)			449			0			0						449			0
Impact of foreign exchange1			36			(259)			1,009						(223)			1,695
Market gains and (losses)2			2,720			2,026			1,549						4,746			2,995
Ending assets			$	106,552		$	106,177		$	100,866					$	106,552		$	100,866
Total Long-term Assets3
Beginning assets			$	222,399		$	219,980		$	202,651					$	219,980		$	199,229
Sales4			17,440			15,705			14,054						33,145			28,558
Redemptions4			(19,170)			(13,868)			(14,520)						(33,038)			(27,930)
Net sales (redemptions)4			(1,730)			1,837			(466)						107			628
Net exchanges			(11)			10			2						(1)			(8)
Acquisitions/(dispositions)			3,237			0			109						3,237			109
Impact of foreign exchange1			(23)			(602)			2,322						(625)			3,693
Market gains and (losses)2			10,791			1,174			6,657						11,965			7,624
Ending assets			$	234,663		$	222,399		$	211,275					$	234,663		$	211,275

1) Reflects the impact of translating non-U.S. dollar denominated AUM into U.S. dollars for reporting purposes.

2) Reflects the approximate changes in the fair value of the securities held by the portfolios and, to a lesser extent, reinvested dividends, distributions and net investment income.

3) Includes separately managed accounts, institutional accounts, certain sub-advised funds and other managed offerings.

4) For certain accounts, Sales and Redemptions are calculated as the remaining difference between beginning and ending assets after the calculation of total investment return.

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Federated Hermes reports Q2 2026 earnings						Page 11 of 13

Unaudited Managed Assets
(in millions)			June 30, 2026			March 31, 2026			Dec. 31, 2025			Sept. 30, 2025			June 30, 2025
By Asset Class
Equity1			$	109,590		$	100,832		$	97,898		$	94,656		$	88,994
Fixed-Income			100,487			99,798			100,127			101,813			98,687
Alternative / Private Markets			21,647			18,991			19,101			19,024			20,738
Multi-Asset1			2,939			2,778			2,854			2,940			2,856
Total Long-Term Assets			234,663			222,399			219,980			218,433			211,275
Money Market			676,897			684,748			682,604			652,767			634,400
Total Managed Assets			$	911,560		$	907,147		$	902,584		$	871,200		$	845,675
By Offering Type
Funds:
Equity			$	64,069		$	55,188		$	54,988		$	54,110		$	49,359
Fixed-Income			46,189			45,921			45,973			46,478			45,415
Alternative / Private Markets			14,918			12,339			12,085			11,814			12,905
Multi-Asset			2,935			2,774			2,850			2,813			2,730
Total Long-Term Assets			128,111			116,222			115,896			115,215			110,409
Money Market			499,927			502,775			508,403			492,701			468,044
Total Fund Assets			$	628,038		$	618,997		$	624,299		$	607,916		$	578,453
Separate Accounts:
Equity1			$	45,521		$	45,644		$	42,910		$	40,546		$	39,635
Fixed-Income			54,298			53,877			54,154			55,335			53,272
Alternative / Private Markets			6,729			6,652			7,016			7,210			7,833
Multi-Asset1			4			4			4			127			126
Total Long-Term Assets			106,552			106,177			104,084			103,218			100,866
Money Market			176,970			181,973			174,201			160,066			166,356
Total Separate Account Assets			$	283,522		$	288,150		$	278,285		$	263,284		$	267,222
Total Managed Assets			$	911,560		$	907,147		$	902,584		$	871,200		$	845,675

1) A Separate Account was reclassified from Multi-Asset to Equity effective October 1, 2025.

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Federated Hermes reports Q2 2026 earnings						Page 12 of 13

Unaudited Average Managed Assets			Quarter Ended
(in millions)			June 30, 2026			March 31, 2026			Dec. 31, 2025			Sept. 30, 2025			June 30, 2025
By Asset Class
Equity1			$	107,031		$	102,037		$	96,404		$	92,436		$	83,564
Fixed-Income			100,041			100,996			100,855			99,206			98,365
Alternative / Private Markets			22,359			19,232			18,971			19,862			20,053
Multi-Asset1			2,898			2,859			2,836			2,895			2,779
Total Long-Term Assets			232,329			225,124			219,066			214,399			204,761
Money Market			677,685			690,450			654,635			645,092			632,543
Total Avg. Managed Assets			$	910,014		$	915,574		$	873,701		$	859,491		$	837,304
By Offering Type
Funds:
Equity			$	60,933		$	56,987		$	55,101		$	51,828		$	45,965
Fixed-Income			45,827			46,096			46,116			45,743			44,972
Alternative / Private Markets			15,253			12,254			11,871			12,347			12,370
Multi-Asset			2,893			2,855			2,833			2,770			2,654
Total Long-Term Assets			124,906			118,192			115,921			112,688			105,961
Money Market			498,338			507,752			493,355			482,237			462,683
Total Avg. Fund Assets			$	623,244		$	625,944		$	609,276		$	594,925		$	568,644
Separate Accounts:
Equity1			$	46,098		$	45,050		$	41,303		$	40,608		$	37,599
Fixed-Income			54,214			54,900			54,739			53,463			53,393
Alternative / Private Markets			7,106			6,978			7,100			7,515			7,683
Multi-Asset1			5			4			3			125			125
Total Long-Term Assets			107,423			106,932			103,145			101,711			98,800
Money Market			179,347			182,698			161,280			162,855			169,860
Total Avg. Separate Account Assets			$	286,770		$	289,630		$	264,425		$	264,566		$	268,660
Total Avg. Managed Assets			$	910,014		$	915,574		$	873,701		$	859,491		$	837,304

1) A Separate Account was reclassified from Multi-Asset to Equity effective October 1, 2025.

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Federated Hermes reports Q2 2026 earnings						Page 13 of 13

Unaudited Average Managed Assets						Six Months Ended
(in millions)						June 30, 2026						June 30, 2025
By Asset Class
Equity1						$	104,534					$	82,834
Fixed-Income						100,519						98,862
Alternative / Private Markets						20,796						19,533
Multi-Asset1						2,878						2,840
Total Long-Term Assets						228,727						204,069
Money Market						684,067						636,185
Total Avg. Managed Assets						$	912,794					$	840,254
By Offering Type
Funds:
Equity						$	58,960					$	45,612
Fixed-Income						45,962						45,344
Alternative / Private Markets						13,754						11,990
Multi-Asset						2,873						2,714
Total Long-Term Assets						121,549						105,660
Money Market						503,045						463,205
Total Avg. Fund Assets						$	624,594					$	568,865
Separate Accounts:
Equity1						$	45,574					$	37,222
Fixed-Income						54,557						53,518
Alternative / Private Markets						7,042						7,543
Multi-Asset1						5						126
Total Long-Term Assets						107,178						98,409
Money Market						181,022						172,980
Total Avg. Separate Account Assets						$	288,200					$	271,389
Total Avg. Managed Assets						$	912,794					$	840,254

1) A Separate Account was reclassified from Multi-Asset to Equity effective October 1, 2025.