Lion Capital S.a. · BVB:LION

Lion Capital — Q1 2023 Earnings Presentation

20 slides from Lion Capital's earnings presentation, 2023

  1. Slide 1: Presentation of Financial Results Q1 2023

    — PRESENTATION OF FINANCIAL RESULTS Q1 2023 — This presentation made available on Lion Capital’s is addressed only the shareholders for information purposes only, and should not be reproduced, copied or re-transmitted, and nothing in it should be construed as an offer, invitation or recommendation t

  2. Slide 2: General Information

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 General Information CORPORATE Lion Capital S.A. (the new corporate name starting March 24, 2023 of SIF Banat-Crișana) NAME COMPANY TYPE ▪ joint stock company, Romanian legal entity ▪ established as a self-managed investment company, authorized by the Financi

  3. Slide 3: General Information

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 General Information REGISTRATIONS ▪ Number in Trade Register J02/1898/1992 ▪ Tax Identification Code RO 2761040 ▪ Number in ASF AFIAA Register PJR07.1AFIAA / 020007 / 09.03.2018 ▪ Number in ASF FIAIR Register PJR09FIAIR / 020004 / 01.07.2021 ▪ Legal Entity I

  4. Slide 4: General Information

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 General Information SHARE CAPITAL RON 50,751,005.60 PART OF BVB (BSE) INDICES TOTAL ISSUED SHARES BET-FI | BET-XT | BET-XT-TR | BET-BK | BET-XT-TRN 507,510,056 ISIN CODE OUTSTANDING SHARES ROSIFAACNOR2 506,520,056 FIGI ID NOMINAL VALUE/SHARE BBG000BMN2P1 RON

  5. Slide 5: Shareholders’ Structure

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 Shareholders’ Structure as per holdings, as of March 31, 2023 ■ 43.43% Romanian legal entities ■ 40.24% (112 shareholders) Romanian individuals 5,740,306 (5,738,043 shareholders) ■ 15.80% non-resident legal entities shareholders ■ 0.33% (22 shareholders) non

  6. Slide 6: Lion Capital’s investment strategy

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 Lion Capital’s investment strategy on long turn aims to maximize the performance of the portfolio to increase the value of the assets under management and the investment income The financial objective is to make use of an aggregate return of the portfolio ge

  7. Slide 7: Financial Performance and Financial Position

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 FINANCIAL PERFORMANCE [RONm] 31.03.2022 31.03.2023 Operating income 33.74 3.04 Gain / (Loss) on investment (63.95) 33.98 Operating expenses 4.67 4.88 Gross profit / (Loss) (34.88) 32.14 Net profit / (Loss) (36.25) 32.14 FINANCIAL POSITION [RONm] 31.12.2022 3

  8. Slide 8: Stock and Net Asset Performance

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 STOCK AND NET ASSET PERFORMANCE 31.12.2022 31.03.2023 Share Price (end of period, RON) 2.4300 2.4600 NAV* / Share (RON) 6.3817 6.5237 Accounting Net Asset / Share (RON) 6.3897 6.5162 Nominal Value of Share (RON) 0.1 0.1 Issued Shares 507,510,056 507,510,056

  9. Slide 9: Net Asset Value March 2022 - March 2023

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 NET ASSET VALUE March 2022 - March 2023 3,500 3,337 3,304 3,271 3,209 3,218 3,159 3,161 3,174 3,185 3,239 3,229 3,100 2,989 3,036 RON milion (RONm) 2,700 2,300 1,900 1,500 mar.'22 apr. mai iun. iul. aug. sept. oct. nov. dec. ian. feb. mar.'23 RON 3,304.37m n

  10. Slide 10: Assets Under Management

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 ASSETS UNDER MANAGEMENT breakdown on classes (weight on total assets) 4% ■ listed shares ■ bank deposits + cash available 2% value RON 2,361.89m value RON 55.29m 4% 1% 1% 68% 1% (31.12.2022: RON 2,336.59m) (31.12.2022: RON 26.61m) 11%11% ■ unlisted shares ■

  11. Slide 11: Stock Portfolio by Sector

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 STOCK PORTFOLIO breakdown by sector 5% 6% 5% ■ banking - financial ■ cardboard and paper stakes in 12 companies, worth RON 1,265.96m stakes in 4 companies, worth RON 153.21m 5%5%5% (31.12.2022: 13 companies, worth RON 1,322m) (31.12.2022: 4 companies, worth

  12. Slide 12: Stock Portfolio by Stake Held and Liquidity

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 STOCK PORTFOLIO STOCK PORTFOLIO breakdown by stake held breakdown on liquidity ■ up to 5% 41% stakes in 27 companies 17% 83% worth RON 1,131.49m (31.12.2022: RON 1,173.25m) 40% 17% 83% ■ listed companies ■ 5-33% RON 2,361.89m (31.12.2022: RON 2,336.59m) valu

  13. Slide 13: Top Companies in Portfolio as of March 31, 2023

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 TOP 10 COMPANIES IN PORTFOLIO as of March 31, 2023 % of Company (symbol) Activity Stake held Value of stake (RON)* NAV 1. Banca Transilvania (TLV) banking-financial 4.78% 659,165,891 19.95% 2. SIF Imobiliare Plc (SIFI) real estate 99.99% 368,402,807 11.15% 3

  14. Slide 14: SIF1 Price and Volume in 2023

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 SIF1 PRICE AND VOLUME IN 2023 3.0000 500,000 465,891 2.4600 RON 2.4500 RON 2.4500 RON 2.4400 RON 2.4700 RON 450,000 2.4300 RON 400,000 2.0000 2.4100 RON 350,000 SIF1 price (RON) 300,000 250,000 200,000 1.0000 125,165 150,000 volume SIF1 85,632 100,000 42,073

  15. Slide 15: SIF1 vs. BET-FI Index in 2023

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 SIF1 vs. BET-FI INDEX IN 2023 SIF1 (RON) BET-FI (points) 54,550 2.7500 2.5000 RON 52,550 2.4500 RON 2.4600 RON 2.4300 RON 2.4100 RON 2.5500 2.3800 RON 50,550 2.3500 50,946.29 48,550 49,974.13 49,515.32 49,666.98 50,303.71 51,008.41 2.1500 46,550 1.9500 44,55

  16. Slide 16: Standalone Statement of Financial Position

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 Standalone statement of financial position (extract from standalone financial statements) [all amounts in RON] 31.12.2022 31.03.2023 Cash and cash equivalents 26,615,152 55,300,416 Financial assets at fair value through profit and loss (FVTPL) 1,723,810,844

  17. Slide 17: Standalone Statement of Profit and Loss and Other Comprehensive Income

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 Standalone statement of profit and loss and other comprehensive income (extract from standalone financial statements) [all amounts in RON] 31.03.2022 31.03.2023 INCOME Dividend income 32,900,487 Interest income 829,784 2,963,194 Other operating revenues 7,57

  18. Slide 18: Main Lines of Action in 2023

    PRESENTATION OF FINANCIAL RESULTS Q1 2023 Main lines of action in 2023 ▪ calibration of the portfolio on financial assets / instruments that benefit from an inflationary context ▪ continuing portfolio restructuring by reducing minority interests that do not fit the Company’s investment strategy ▪ co

  19. Slide 19: Financial Calendar

    FINANCIAL CALENDAR 2023 February 28, 2023 Preliminary annual financial results as of December 31, 2022 April 27, 2023 OGM for the approval of the standalone and the consolidated financial statements for 2022 FY April 27, 2023 Annual report and the standalone and the consolidated financial statements

  20. Slide 20: Contact

    Contact HEADQUARTERS 35A Calea Victoriei, Arad, 310158, Romania TEL +40257 304 438 FAX +40257 250 165 EMAIL office@lion-capital.ro BUCHAREST BRANCH 46-48 S. V. Rahmaninov Str., 3rd floor, sector 2, Bucharest, 020199, Romania TEL +4021 311 1647 FAX +4021 314 4487 EMAIL bucuresti@lion-capital.ro WWW.L

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