Federated(FHI) - 2024 Q3 - Quarterly Results

Exhibit 99.1 MEDIA: ANALYSTS: Ed Costello 412-288-7538 Ray Hanley 412-288-1920 Federated Hermes, Inc. reports record assets under management with third quarter 2024 earnings • Total assets under management reach a record $800.5 billion • Money market assets at record $593.0 billion; fixed income assets at record $100.2 billion • Q3 2024 earnings per diluted share of $1.06 • Board declares $0.31 per share dividend; authorizes new share repurchase program (PITTSBURGH, Pa., Oct. 24, 2024) — Federated Hermes, I ...