Kempen European High Dividend Fund N.V. N · EURONEXT:KEHDF
Kempen European High Dividend Fund N.V. N — Van Lanschot Kempen — Merger or Acquisition (February 2023)
8 slides from Kempen European High Dividend Fund N.V. N's merger presentation, Feb 2, 2023
Slide 1: Analyst presentation
Analyst presentation 2 February 2023
Slide 2: Van Lanschot Kempen and Robeco: a partnership for further growth
Van Lanschot Kempen and Robeco: a partnership for further growth • Next step in Van Lanschot Kempen’s growth strategy: acquisition of Robeco online investment platform • Fits our ambition to grow our mass-affluent proposition under the brand name Evi van Lanschot • Creates a leading platform for onl
Slide 3: Acquisition of Robeco online investment platform fits our wealth management strategy
Acquisition of Robeco online investment platform… …fits well within our overall wealth management strategy Younger generation Wealth accumulation “for later” Future private Further development of banking potential online wealth management capabilities 3
Slide 4: Highlights of the combination
Highlights of the combination Evi van Lanschot and Robeco The combined activities The future • Become leader in mass- affluent market • Started in 2013 • Online and personal • €1.3bn in AuM • Economies of scale • Combined €6.0bn in AuM • c. 25,000 clients and c. 150,000 clients • c. 100bps for servi
Slide 5: Closing of transaction expected in June 2023, followed by integration process
Closing of transaction expected in June 2023, followed by integration process • Impact on CET 1 ratio is -0.4 percentage points • One-off transition costs in the range of €8m – €11m during a two-year integration period • Combined activities expected to break even by 2025 – and then start to make a p
Slide 6: Proven track record of acquiring and integrating wealth management activities
Proven track record of acquiring and integrating wealth management activities 2015 2016 2017 2020 2021 2022 2023 Acquisition of Acquisition of Acquisition of Collaboration with Partnership with Acquisition of Robeco’s MN UK’s Staalbankiers’ UBS’s Dutch a.s.r. bank Mercier Vanderlinden online investm
Slide 7: Van Lanschot Kempen and Robeco: a partnership for further growth
Van Lanschot Kempen and Robeco: a partnership for further growth • Next step in Van Lanschot Kempen’s growth strategy: acquisition of Robeco online investment platform • Fits our ambition to grow our mass-affluent proposition under the brand name Evi van Lanschot • Creates a leading platform for onl
Slide 8: Disclaimer
Disclaimer Disclaimer and cautionary note on forward-looking statements This document may contain forward-looking statements and targets on future events and developments. These forward- looking statements and targets are based on the current insights, information and assumptions of Van Lanschot Kem
Van Lanschot Kempen — Merger or Acquisition (February 2023) on 6ix