Caspar Asset Management Sa · GPW:CSR
Caspar Asset Management Sa — Q3 2025 Earnings Presentation
24 slides from Caspar Asset Management Sa's earnings presentation, 2025
Slide 1: Caspar Asset Management S.A.
Slide 2: Q3 2025 Investor Presentation
Q3 2025 Investor Presentation The reports constituting the basis of this presentation are available at: • https://www.caspar.com.pl/relacje-inwestorskie/raporty-okresowe 2
Slide 3: Presentation Agenda
PRESENTATION AGENDA Caspar Group Key Figures Financial results Plans & and Facts Predictions 1 2 3 4 3
Slide 4: Caspar Group
CASPAR GROUP
Slide 5: Caspar Group
CASPAR GROUP The Caspar Capital Group consists of 4 companies: Caspar Asset Caspar Towarzystwo Independent Family Management Funds dystrybutor Office Services (Founder) investment F-Trust iWealth A company listed on the Main Market 5
Slide 6: Caspar Asset Management S.A.
CASPAR ASSET MANAGEMENT S.A. Caspar Asset Management S.A. offers – among other things – portfolio management services, including on the basis of individually prepared specialist strategies: • the asset management service consists in managing the financial assets of individual and institutional clien
Slide 7: Caspar Towarzystwo Funduszy Inwestycyjnych S.A.
CASPAR TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH S.A. Caspar Towarzystwo Funduszy Inwestycyjnych S.A. offers clients the opportunity to invest through the Open-End Investment Fund (Caspar Parasolowy FIO), managed by Caspar Asset Management S.A., which includes five sub-funds: • Caspar Obligacji Skarbowy,
Slide 8: F-Trust iWealth S.A.
F-TRUST IWEALTH S.A. A company specializing in providing services to individual clients who invest their savings - in particular - in investment funds. F–Trust iWealth cooperates with clients through dedicated advisors and the largest online fund platform in Poland in terms of the number of funds: •
Slide 9: Management Board
MANAGEMENT BOARD C AS PAR A SSET M AN AG EMEN T S. A . BŁ AŻEJ BOGDZI EWI CZ KRZYSZT OF J ESKE V I C E - P R E S I D E N T OF T HE V I C E - P R E S I D E N T OF T HE M AN AGE M E NT BO AR D M AN AGE M E NT BO AR D He has been associated with capital markets Since 20 12, he has bee n associated with
Slide 10: Management Team
MANAGEMENT TEAM SP E C I A LI S TS WI TH A L ON G H I ST ORY I N T HE G ROU P WIT OLD GARSTK A A graduate of the Poznań University of Economics, with a sp ecialization in Capita l BŁAŻ EJ BOGDZ IE WI CZ, CF A Investments and Corporate F inancia l Stra tegies. He has been working in the Group since 2
Slide 11: Key Figures and Facts
KEY FIGURES AND FACTS 2025 (01.01.2025 - 30.09.2025)
Slide 12: Key Figures and Facts
KEY FIGURES AND FACTS ▪ As of 30.09.2025 1.68 billion over 15 5 7 34,941k value of assets under management of Caspar investmentstrategies are Caspar Sub-Funds Closed-end investment consolidated revenues of Asset Management SA in currently Umbrella FIO funds the Group in PLN PLN in the Caspar AM offe
Slide 13: Commentary by Błażej Bogdziewicz
Commentary by Błażej Bogdziewicz Vice President of the Management Board of Caspar Asset Management In the period from January 2025 to September 2025, the Group's consolidated revenues amounted to PLN 34,941 thousand and increased by 23.87% compared to the corresponding period of the previous year. C
Slide 14: Commentary by Błażej Bogdziewicz
Commentary by Błażej Bogdziewicz Vice President of the Management Board of Caspar Asset Management The Group's financial situation in the coming months will be influenced by work on the implementation of the Group's new strategy, which assumes the concentration of business activity in subsidiaries,
Slide 15: Financial Performance and Indicators
FINANCIAL PERFORMANCE AND INDICATORS Q3 2025 (01.01.2025 - 30.09.2025)
Slide 16: Key consolidated financial results (Q3 2024 vs Q3 2025)
Key consolidated financial results (Q3 2024 vs Q3 2025) Core Business: Revenue: Operating Profit: Net profit: +23.87% +21.78% +18.3% PLN 28,208 PLN 34,941 thousand thousand PLN 2,241 PLN 2,729 thousand thousand PLN 1,678 PLN 1,985 thousand thousand 2024 2025 2024 2025 2024 2025 Source - Own study, t
Slide 17: Key Unit Financial Results of Caspar AM (Q3 2024 vs Q3 2025)
Key Unit Financial Results of Caspar AM (Q3 2024 vs Q3 2025) Core Business: Revenue: Operating Profit: Net Profit: -6.74% -45.24% -46.19% PLN 15,280 PLN 14,250 PLN 3,316 PLN 1,816 PLN 2,739 PLN 1,474 thousand thousand thousand thousand thousand thousand 2024 2025 2024 2025 2024 2025 Source - Own stu
Slide 18: Compliance with capital and liquidity requirements
Data on the Caspar Group's compliance with capital and liquidity requirements 30.09.2025 30.09.2024 (PLN thousand) (PLN thousand) OWN FUNDS 16 574 13 868 TIER 1 CAPITAL 16 574 13 868 COMMON TIER 1 CAPITAL 16 574 13 868 ADDITIONAL TIER I CAPITAL - - TIER II CAPITAL - - Own funds requirement 6 779 6 2
Slide 19: Common Equity Tier I capital ratio
30.09.2025 30.09.2024 (% or thousand PLN) (% or thousand PLN) Common Equity Tier I capital ratio 245% 221% Common Equity Tier I Capital Surplus 12 778 10 351 (+)/Shortfall(-) Tier I capital ratio 245% 221% Surplus(+)/Shortage(-) 11 490 9 158 Tier I capital Own funds ratio 245% 221% Total capital sur
Slide 20: Value of assets under management
Value of assets under management as of 30.09.2024 as of 30.09.2025 Change y/y (%) (PLN thousand) (PLN thousand) Retail assets asset management 333 873 056,36 516 550 683,21 -35,36% (gross) Assets of investment funds managed by the Issuer, including: 1 345 782 910,12 1 419 569 385,86 -5,20% (net) Cas
Slide 21: Plans and Predictions
PLANS AND PREDICTIONS
Slide 22: Plans and predictions for the coming quarters
Plans and predictions for the coming quarters: ■ Implementation of the Group's new strategy by concentrating business activity in Caspar TFI and F-Trust iWealth in order to optimize costs and streamline management processes. ■ Building results based on the combined structures of F-Trust iWealth S.A.
Slide 23: Thank you for your attention!
Thank you for your attention! am@caspar.com.pl
Slide 24: Legal Disclaimer
L E G A L D I S C L AI M E R The above material is for informational, advertising or promotional purposes only and should not be the sole basis for making any investment de cisions. The information contained herein do es not constitut e a financial, legal or tax advisory service and should not be tr
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