T. Rowe Price Group, Inc. · NASDAQ:TROW

T. Rowe Price — Merger or Acquisition (October 2021)

11 slides from T. Rowe Price's merger presentation, Oct 28, 2021

  1. Slide 1: Oak Hill Advisors, L.P. (OHA) Acquisition Overview

    Oak Hill Advisors, L.P. (OHA) Acquisition Overview October 28, 2021 A copy of this presentation, which includes additional information, is available at troweprice.gcs-web.com/investor-relations. T. ROWE All figures PRICE are USD, GROUP, unless INC. INVESTOR DAY 2020 otherwise noted.

  2. Slide 2: Today's Speakers

    Today’s Speakers Bill Stromberg Glenn August CHIEF EXECUTIVE OFFICER FOUNDER AND CHIEF EXECUTIVE OFFICER T. ROWE PRICE GROUP OHA Rob Sharps Bill Bohnsack PRESIDENT, HEAD OF INVESTMENTS, PRESIDENT AND SENIOR PARTNER GROUP CIO, OHA INCOMING CEO (January 2022) T. ROWE PRICE GROUP Jen Dardis CHIEF FINAN

  3. Slide 3: Forward-looking statements

    Forward-looking statements This presentation, and other statements that T. Rowe Price may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the acquisition by T. Rowe Price of Oak Hill Advisors, L.P. (OHA), including rega

  4. Slide 4: Introduction

    Introduction On October 28, 2021, T. Rowe Price announced a definitive agreement to purchase OHA for a total of up to $4.2 billion. T. Rowe Price’s stated criteria for evaluating inorganic opportunities Add new Align with best-in- Minimize existing Add value to capabilities class investors business

  5. Slide 5: Why bring together T. Rowe Price and OHA

    Why bring together T. Rowe Price and OHA Alternative credit growing rapidly OHA, an institutional quality Opportunity to grow at with continued demand from manager with a 30-year track intersection of two organizations institutional investors record of growth and investment  Leverage distribution o

  6. Slide 6: OHA to become T. Rowe Price's private markets platform

    OHA to become T. Rowe Price’s private markets platform T. Rowe Price OHA Equity ($975 b) Fixed Income ($181 b) Multi-asset ($457 b) Private Markets ($20 b)  Global  Global  Retirement offerings  Private credit / mezzanine  Global ex US  Global ex US  Multi-asset strategies  Global stressed /

  7. Slide 7: OHA Company Overview

    OHA Company Overview Scale, experienced investor in the alternative credit markets  $53 b platform across private, distressed, special situations, liquid, structured credit and real asset strategies1 Capital Under 45% 46%  Fundamental investment strategy utilizing deep industry research North Mana

  8. Slide 8: OHA Product Range

    OHA Product Range Private Markets ($20 B) Liquid Strategies ($18 B) Structured Strategies ($15 B)  Strategies:  Strategies:  Strategies: – Private credit / mezzanine – High yield – OHA-managed CLOs – Global stressed / distressed – Leveraged loans – Debt & equity in 3rd party CLOs – Structured pro

  9. Slide 9: Transaction Overview

    Transaction Overview  T. Rowe Price announced a definitive agreement to purchase  Combining OHA’s private markets capabilities with T. Rowe OHA for a total purchase price of up to approximately $4.2 Price’s global scale is expected to create future growth billion. opportunities; cost synergies are

  10. Slide 10: Questions

    Questions Please submit your written questions in the box on the left of the screen. T. ROWE PRICE GROUP, INC. INVESTOR DAY 2020

  11. Slide 11: Important information

    Important information This material, including any statements, information, data and content contained within it and any materials, information, images, links, graphics or recordings provided in conjunction with this material are being furnished by T. Rowe Price for general informational purposes on

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