Slide 1: Results Presentation 3M 2023
Results Presentation 3M 2023 | 12 May 2023 1
Slide 2: Video presentation
Video presentation PATRIZIA SE | 3M 2023 Financial Results | CFO video presentation Access via weblink: bit.ly/PAT3M2023 Access via QR code: PATRIZIA | © 2023 2
Slide 3: Strategic highlights and current trading
Strategic highlights and current trading 3M 2023
Slide 4: Expansion of PATRIZIA's Executive leadership to accelerate global growth ambitions
Strategic highlights and current trading Expansion of PATRIZIA’s Executive leadership to accelerate global growth ambitions Dr Asoka Wöhrmann Slava Shafir CEO Designate COO Appointed as per 2 May 2023 Appointed as per 1 June 2023 4
Slide 5: Exceptionally low market activity limits investment opportunities for clients
Strategic highlights and current trading Exceptionally low market activity limits investment opportunities for clients Signed and closed transaction volumes| EUR bn Equity raised and available dry powder| EUR m Transactions signed Equity raised 3M 2022 1.3 3M 2022 229.4 -60.3% -90.0% 3M 2023 0.5 3M
Slide 6: Financials & Guidance
Financials & Guidance 3M 2023
Slide 7: Forward thinking strategies and M&A drive continued net organic growth of AUM y-o-y
Financials 3M 2023 Forward thinking strategies and M&A drive continued net organic growth of AUM y-o-y AUM development AUM development 3My-o-y| 2023|EUR EURbn bn • AUM increase by 4.9% y-o-y to EUR 58.1bn 60 0.1 0.5 58.1 • Net organic growth primarily driven by investments in 55.3 2.2 59.1 50 Infras
Slide 8: Virtually stable AUM in a challenging market environment underline portfolio quality
Financials 3M 2023 Virtually stable AUM in a challenging market environment underline portfolio quality AUM development 3M 2023| EUR bn • AUM decrease by 1.8% q-o-q to EUR 58.1bn 60 59.1 0.2 59.1 -0.7 58.6 -0.5 58.1 58.1 • Net organic growth still positive but impacted by subdued 59.1 50 transaction
Slide 9: High quality assets and broad diversification are key for stable AUM development
Financials 3M 2023 High quality assets and broad diversification are key for stable AUM development 58.1 EUR bn sqm 17.2 m real estate assets 81 % assets under under management resilient Core and management Core plus strategies 3%3%2% 6% 5% 19% 3% 2% 15% 28% 4% 5% AUM by AUM by AUM by 52% 17% 7% geo
Slide 10: Growth of recurring fee income compensates for the decline of other revenue streams
Financials 3M 2023 Growth of recurring fee income compensates for the decline of other revenue streams Management fees | EUR m Transaction fees | EUR m Performance fees | EUR m Performance fees | EUR m 62.2 +13.8% 54.7 25.9 - 21.3% 20.4 2.2 - 51.9% 0.6 1.1 0.1 1.7 1.0 3M 2022 3M 2023 3M 2022 3
Slide 11: Strategic reorganisation and cost containment improve net operating expenses as planned
Financials 3M 2023 Strategic reorganisation and cost containment improve net operating expenses as planned Net operating expenses| EUR m • Net operating expenses down 5.2% y-o-y to EUR 58.2m despite consolidation of ADVANTAGE Investment Partners -3.3 61.4 16.9 and Whitehelm 58.2 4.1 • Overall positi
Slide 12: Continued increase in management fees and lower net opex drive EBITDA growth
Financials 3M 2023 Continued increase in management fees and lower net opex drive EBITDA growth Composition of EBITDA | EUR m • EBITDA up 2.9% y-o-y to of EUR 27.2m despite subdued -21.3% -66.1% -5.2% market environment 20.4 1.7 58.2 +13.8% -51.9% • Favorable development of total service f
Slide 13: Strong balance sheet provides for security and the ability to make strategic moves
Financials 3M 2023 Strong balance sheet provides for security and the ability to make strategic moves Strong balance sheet Significant liquidity • Strong balance sheet with net equity EUR m 31.03.2023 EUR m 31.03.2023 ratio of more than 70% and available Total assets 2,049.3 Bank balances, 418.0 liq
Slide 14: Confirmation of moderately optimistic guidance for fiscal year 2023
Financials 3M 2023 Confirmation of moderately optimistic guidance for fiscal year 2023 12M 3M 3M Guidance • Client investment activity is expected to pick up only in 2022 2022 2023 FY 2023e the second half of FY 2023 • Organic AUM growth expected to more than offset AUM 59.1 55.3 58.1 60.0 – 65.0 (i
Slide 15: Key takeaways of 3M 2023
Key takeaways of 3M 2023 1 2 3 4 Market AUM EBITDA Financial environment stability growth flexibility Decent performance despite a truly challenging environment. Continued strength of balance sheet and financial flexibility allows to capitalise on opportunities if and when they arise. PATRIZIA | © 2
Slide 16: Appendix
Appendix 3M 2023
Slide 17: Financial calendar 2023
Financial calendar 2023 25 MAY 2023 Annual General Meeting, virtual 11 AUG 2023 H1 Financial Report with investor and analyst conference call 14 NOV 2023 FY Interim Statement with investor and analyst conference call Further events: www.patrizia.ag/en/shareholders/events-for-shareholders/financial-c
Slide 18: Contact
Appendix Contact CHRISTOPH GLASER MARTIN PRAUM Executive Director | CFO Senior Managing Director Head of Investor Relations & Group Reporting PATRIZIA SE Fuggerstrasse 26 T +49 69 643505-1114 86150 Augsburg, Germany M +49 151 19685445 investor.relations@patrizia.ag SEBASTIAN WEIS JANINA ROCHELL VERE