Slide 1: 3M 2025 Financial Results Presentation
3M 2025 Financial Results Presentation 14 May 2025 Dr Asoka Wöhrmann | CEO Martin Praum | CFO
Slide 2: Market environment & operational activity
Market environment & operational activity 3M 2025
Slide 3: CEO Highlights in 3M 2025
Market environment & operational activity CEO Highlights in 3M 2025 KPIs| 3M 2025 EUR 16.8m • EBITDA improved due to cost discipline, EBITDA +11.5%1 driven by reduced operating expenses (mainly staff costs) • EBITDA margin development is pointing in the right direction, 23.4% level seen in 3M 20
Slide 4: Highest organic AUM growth since end of 2023
Market environment & operational activity Highest organic AUM growth since end of 2023 Investments | Investments | Organic AUM growth1 | EUR m Philippines USA Acquisitions closed Disposals closed 866 Re-Infra Infrastructure Equity PATRIZIA supports PATRIZIA invests in Philippines’ sustainable Aligne
Slide 5: Strategy 2030 and streamlined organisation are bearing fruit
Market environment & operational activity Strategy 2030 and streamlined organisation are bearing fruit Organisational structure successfully shaped, 1 reaching the first strategic goal ~100% Coverage 2 Ready for growth – at the right time Management fees Operating expenses EUR 56.0m EUR 56.2m Europe
Slide 6: Return to growth in 2025
Market environment & operational activity Return to growth in 2025 Return to growth Transition from asset allocation step up fundraising across sectors to asset management Closer to assets to generate returns Value Add plays a greater role (“boots on the ground”) PATRIZIA: #1 in Value Add (Europe)1
Slide 7: Financials & Guidance
Financials & Guidance 3M 2025
Slide 8: Assets under management showed high organic growth and trailing valuation effects
Financials & Guidance Assets under management showed high organic growth and trailing valuation effects AUM1 development 3M 2025| EUR bn • AUM decreased by -0.5% to EUR 56.1bn in 3M 2025 (3M 2024: EUR 56.4bn) 0.9 • Acquisitions (closed) of EUR 0.9bn with the majority 60.0 0.1 -0.1 in the strategic g
Slide 9: EBITDA improved driven by efficiency gains
Financials & Guidance EBITDA improved driven by efficiency gains Composition of EBITDA | EUR m • EBITDA up 11% y-o-y to EUR 16.8m due to +134% -13% intensified cost efficiency measures, while facing -28% only a moderate decline in total service fee +928% 10.6 3.8 income of 6% y-o-y to EUR
Slide 10: Total service fee income showed moderate decline
Financials & Guidance Total service fee income showed moderate decline Management fees | EUR m Transaction fees | EUR m Performance fees | EUR m 57.7 56.0 -3% 14.6 - 28% 10.6 +928% 1.6 0.2 3M 2024 3M 2025 3M 2024 3M 2025 3M 2024 3M 2025 Total service fee income decreased by -6% to EUR 68.2m (3
Slide 11: Cost containment remains priority showing significant improvement in operating expenses
Financials & Guidance Cost containment remains priority showing significant improvement in operating expenses Operating expenses y-o-y | EUR m • Overall progress based on intensified cost efficiency measures focusing on staff costs with lower FTEs -23% -13% (3M 2025: 875 vs. 3M 2024: 938) -10%
Slide 12: Solid balance sheet and financial strength
Financials & Guidance Solid balance sheet and financial strength Strong balance sheet Liquidity • Net debt of EUR 101.2m, driven by debt EUR m 31.03.2025 EUR m 31.03.2025 attached to consolidated warehoused Total assets 1,730.8 Bank balances, 171.5 assets Equity (excl. non- cash and term deposits 1,
Slide 13: Dividend proposal for FY 2024 of EUR 0.35 per share
Financials & Guidance Dividend proposal for FY 2024 of EUR 0.35 per share Dividend per share | EUR • Proposed dividend per share of EUR 0.35 (+2.9% y-o-y) backed by solid balance sheet. PATRIZIA shares are expected to trade ex-dividend on 5 June 2025 and +2.9% 0.35 the dividend is expected to be pai
Slide 14: Unchanged Guidance FY 2025
Financials & Guidance Unchanged Guidance FY 2025 AUM | EUR bn 58.0 - 62.0 • Macro-economic environment remains a challenge for most 57.3 56.4 clients, particularly in the real estate investment sector • Client investment activity expected to pick up gradually with re-emerging client appetite for inv
Slide 15: Q&A
Q&A 15
Slide 16: Financial calendar 2025
Financial calendar 2025 13 MAY 25 3M 2025 Interim Statement 14 MAY 25 3M 2025 Investor and analyst conference call 04 JUN 25 2025 Annual General Meeting 12 AUG 25 H1 2025 Financial Report 13 AUG 25 H1 2025 Investor and analyst conference call 12 NOV 25 9M 2025 Interim Statement 13 NOV 25 9M 2025 Inv
Slide 17: Appendix
Appendix 3M 2025
Slide 18: Results 3M 2025 and Guidance FY 2025
Appendix Results 3M 2025 and Guidance FY 2025 18
Slide 19: Contact
Appendix Contact MARTIN PRAUM TOBIAS ENDER Executive Director | CFO Associate Director | Investor Relations investor.relations@patrizia.ag T +49 69 643505-1443 M + 49 151 50822434 investor.relations@patrizia.ag VERENA SCHOPP DE ALVARENGA LAURA WALZ Associate Director | Investor Relations Senior Asso