Naxs Ab · OMXSTO:NAXS
Naxs Ab — Q1 2024 Earnings Presentation
15 slides from Naxs Ab's earnings presentation, April 2024
Slide 1: Q1 2024
Q1 2024 Please refer to www.naxs.se and the company’s financial reports for exhaustive information
Slide 2: An investment company focusing on the Nordic private equity market
Q1 2024 An investment company focusing on the Nordic private equity market NAXS is an investment company listed on NASDAQ Stockholm, focusing primarily on private equity funds with a Nordic focus. NAXS can also make direct investments or co-investments alongside private equity funds. 2
Slide 3: NAXS offers a diversified exposure to the private equity market through a listed share
Q1 2024 NAXS offers a diversified exposure to NAXS also provides an exposure to selected the private equity market through a direct investments: listed share → 5 listed equity investments (Nasdaq, → 12 active private equity funds from 7 managers Attractive distribution policy: Nasdaq First North, Na
Slide 4: Fund portfolio (Q1 2024)
Q1 2024 Fund portfolio (Q1 2024)* Private equity fund investments represent 66% of NAV Apax Europe VII LP Valedo Partners Fund II AB Mimir Invest AB JAB Consumer Fund GCB II Nordic Capital CV1 LP Fund size: MEUR 11.000 Fund size: MEUR 2.000 Fund size: <MSEK 500 Fund size: MUSD 5.000 Fund size: MEUR
Slide 5: Direct investments portfolio (Q1 2024)
Q1 2024 Direct investments portfolio (Q1 2024)* Direct investments represent 8% of NAV Scout Gaming Group AB Awilco Drilling PLC Jacktel AS Keurig Dr Pepper Pret Panera Company Sector: iGaming Sector: Oil & Gas Sector: Oil & Gas Sector: beverage/non-alcoholic Sector: Fast casual dining Type of instr
Slide 6: NAV development Q1 2020 – Q1 2024
Q1 2024 NAV development Q1 2020 – Q1 2024 11 5 3.75 3.5 3.5 3.75 3.75 3.75 10 5 3 3.5 3.5 3 3.5 3.5 3.5 3 3 3 3 3 3 3 3.5 2.78 3 3 2.78 3 3 3 3 3 2.53 2.53 2.78 95 2.78 2.78 2.78 2.78 3 3 3 2.53 7.7 2.53 2.53 2.53 2.53 The NAV per share 2.78 2.78 7.7 3 2.53 2.53 7.7 7.7 7.7 7.7 7.7 decreased by 0.1%
Slide 7: NAXS: on a street near you…
Q1 2024 NAXS: on a street near you… 7
Slide 8: … and in the press
Nordic Capital saljer specialdiagnostikbolag for 28,5 miljarder kronor Panera Bread files to go public again through IPO e FINANCIAL TIMES ee an d in t h e General Atlantic takes controlling stake in Joe & the Juice p re SS Private equity firm agrees deal that values Danish sandwich chain at about $
Slide 9: Key figures Q1 2024
Q1 2024 Key figures Q1 2024 Private equity fund investments Equity (NAV) NAV 12-month change and Other Investments 923 MSEK +0.1 Percent 787 MSEK SEK 83.33/share (incl. dividend paid) 85 percent of equity Net cash Share price Discount (+) / Premium (-) 225 MSEK 70.0 SEK 15.9 Percent 25 percent of eq
Slide 10: Investment policy & Company facts
Q1 2024 Investment policy & Company facts Investment criteria Legal form Listing Investments in private equity funds, which have one or more of the Nordic countries A public limited liability company Nasdaq OMX Stockholm (Denmark, Finland, Norway and Sweden) as their investment focus incorporated un
Slide 11: Appendix
Appendix SENAXS
Slide 12: Executives & Investment advisors
Executives & Investment advisors Gösta Lundgren Amaury de Poret Thomas Åkerman CFO Naccess Partners AB Naccess Partners AB interim CEO Investment advisor Investment advisor (1955) (1955) (1971) Interim CEO of NAXS since April Co-founder of the NAXS Group 2022 Co-founder of the NAXS Group 30 years of
Slide 13: Board of Directors
Board of Directors Dan Gold Meg Eisner Nikolai Jebsen Børge Johansen Synne Syrrist Chairman Director Director Director Director (1968) (1986) (1984) (1974) (1972) QVT’s Chief Executive Officer and Partner and Chief Compliance Independent Director nominated Independent Director nominated Independent
Slide 14: Selected definitions
Selected definitions* Commitment Other Investments The maximum amount that a limited partner agrees to invest in a fund Investments in financial instruments other than private equity funds IRR Private equity fund investments The internal rate of return generated annually from cash flows between NAXS
Slide 15: Contact information
Contact information NAXS AB Naccess Partners AB Pareto Securities AB Nybrogatan 8 (investment advisor) (share and trading information) 114 34 Stockholm Amaury de Poret Joakim Appeltofft Gösta Lundgren, Interim CEO Email: adp@naccess.se Email: joakim.appeltofft@paretosec.com Email: gosta.lundgren@nax