Slide 1: Catella Q4 Investor Presentation
CATELLA Q4 Investor Presentation FE BRUARY 1 2 , 2 0 2 5
Slide 2: Today's presenters
Catella | Interim Report October – December 2024 Today’s presenters Daniel Gorosch Michel Fischier Interim CEO CFO 11/02/2025 P.2
Slide 3: Catella at a glance
Catella | Interim Report October – December 2024 Catella | Townhall Madrid Catella at a glance Your sustainable investment partner – together building the link between property and capital SEK 155 Bn SEK 2.3 Bn ASSETS UNDER ANNUAL MANAGEMENT REVENUE OPERATIONS IN 12 473 EUROPEAN EMPLOYEES COUNTRIES
Slide 4: Leading European group in property and alternative investments
Catella | Interim Report October – December 2024 Leading European group in property and alternative investments Investment Highlights 3% 11% PROFITABLE AND STABLE RECURRING NET REVENUES CREATING LONG-TERM GROWTH VALUE THROUGH SUSTAINABILITY Three business areas delivering steady income and long-term
Slide 5: Group Key Highlights
GROUP KEY HIGHLIGHTS CATELLA
Slide 6: European quarterly transaction volumes (€ bn)
Catella | Interim Report October – December 2024 European quarterly transaction volumes (€ bn) 150 Comments 140 Volumes picked up by 22% in Q4 130 compared to 2023 120 Strongest growth was seen in 110 Residential, +45% 100 LTM figures indicate a slow but stable improvement 90 Post Global Fin
Slide 7: Key financial and operational highlights – Q4 2024
Catella | Interim Report October – December 2024 Key financial and operational highlights – Q4 2024 PRINCIPAL CORPORATE CATELLA GROUP INVESTMENT MANAGEMENT INVESTMENTS FINANCE Net revenue* Positive AUM development Sale of French logistic development Overall increase in transaction volumes with
Slide 8: Our Key Priorities to simplify, reduce risks and grow
Catella | Interim Report October – December 2024 Our Key Priorities to simplify, reduce risks and grow De-concentrate and re-focus Principal Investments by optimizing the existing portfolio and implement a new strategic direction for investments. Improve profitability within Corporate Finance and pu
Slide 9: Investment Management
INVESTMENT MANAGEMENT
Slide 10: Positive net inflows for the quarter and FY24
Catella | Interim Report October – December 2024 Positive net inflows for the quarter and FY24 AUM (SEK Bn) Total revenue LTM (SEK M) LTM AUM (SEK Bn) 16.7 -14.9 160 1 500 152.4 -5.4 6.4 155.1 *** 140 1 300 120 1 100 ** 100 900 Q4-23 Inflows Outflows Revaluations Currency Q4-24 80 * 700 Q4 AUM (SEK
Slide 11: Stable fixed fees and increased transaction-based fees
Catella | Interim Report October – December 2024 Stable fixed fees and increased transaction-based fees Stability in fixed fees throughout the year, increasing bottom-line profitability SEK M Q4 2024 Q4 2023 Change. % One-off restructuring costs of SEK 9 M impacting the fourth quarter Increase
Slide 12: Principal Investments
PRINCIPAL INVESTMENTS
Slide 13: Continued progress in current projects and progressing sale dialogues
Catella | Interim Report October – December 2024 Continued progress in current projects and progressing sale dialogues Invested equity, project IRR and targets 9 Investment Projects Current status Long term Target Denmark (Direct Investment) Catella invested 1.6 1.5 Residential. Kaktus, Copenhagen
Slide 14: Corporate Finance
CORPORATE FINANCE
Slide 15: Revenue and results of operations
Catella | Interim Report October – December 2024 Revenue and results of operations KEY TAKE-AWAYS SEK M Q4 2024 Q4 2023 Change. % Efficiency improvements resulting in improved EBIT despite lower revenue Total revenue 169 180 -6% Overall market slowly picking up, with higher probability of more c
Slide 16: Financials
FINANCIALS
Slide 17: Financial summary
Catella | Interim Report October – December 2024 Financial summary Investment Principal Corporate Other & Management Investments Finance Eliminations Group Var’ Group Var’ Group Var’ Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4’24 YTD YTD YTD’24 YTD YTD’24 SEK M 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023
Slide 18: Catella has a strong recovery profile, with a large net cash position
Catella | Interim Report October – December 2024 Catella has a strong recovery profile, with a large net cash position CATELLA’S VALUE AT COST PROJECT EXCEEDS TOTAL GROUP DEBT BY MARGIN* COMMENTS SEK 2 818 M Catella’s investments amount to over SEK SEK M 3 bn 4 500 − Property development projects,
Slide 19: Summary and key take aways
SUMMARY AND KEY TAKE AWAYS
Slide 20: Summary and key take-aways
Catella | Interim Report October – December 2024 Summary and key take-aways AUM growth in a market with Strong fourth quarter and Divested several projects within lower inflows FY EBIT in line with LY despite Principal Investments supporting lower net revenues continued investments in attractive dev
Slide 21: Thank you!
→ Thank you! catella.com
Slide 22: Investor Relations
Catella | Interim Report October – December 2024 Investor Relations Most recent equity research Largest shareholders 2025-01-30 Capital Votes Date Institution Recommendation TP Claesson & Anderzén 49.4% 49.2% 2025-02-10 DNB Buy SEK 34 Alcur Fonder 5.4% 4.9% 2024-11-12 ABGSC − − Gran Fondo Capital 5.