Slide 1: Catella Q1 2026 Investor Presentation
CATELLA Q1 2026 Investor Presentation MAY 8, 2026
Slide 2: Today's presenters
Catella | Interim Report Jan – Mar 2026 Today’s presenters Rikke Lykke Gustav Jansson Group CEO CFO P.2
Slide 3: Catella Group at a glance
Catella | Interim ReportJan – Mar 2026 CATELLA GROUP AT A GLANCE Leading European group in property and alternative investments INVESTMENT MANAGEMENT CORPORATE FINANCE Regulated fund solutions, tailored indirect Leading European real estate advisor built on investment products, and regional asset st
Slide 4: Company highlights
Catella | Interim Report Jan – Mar 2026 Company highlights PROFITABLE AND STABLE GROWTH Two business areas delivering steady income and long -term value creation 67% RECURRING TOTAL RECURRING NET REVENUES REVENUES 3% CREATING LONG-TERM VALUE THROUGH SUSTAINABILITY Delivery on long-term ESG strategy
Slide 5: Group key highlights
GROUP KEY HIGHLIGHTS
Slide 6: Key financial and operational highlights Q1 2026
Catella | Interim Report Jan – Mar 2026 Key financial and operational highlights - Q1 2026 INVESTMENT CORPORATE BALANCE SHEET CATELLA GROUP MANAGEMENT FINANCE INVESTMENTS Total revenue ▪ Improved profitability Year -over- ▪ Improved profitability Year -over- ▪ New JV singed with Pictet SEK 303 M (SE
Slide 7: European quarterly transaction volumes
0 50 150 200 300 350 100 250 400 3/2008 6/2008 9/2008 12/2008 3/2009 Source: MSCI 6/2009 9/2009 12/2009 3/2010 6/2010 9/2010 12/2010 3/2011 6/2011 9/2011 12/2011 3/2012 6/2012 9/2012 12/2012 Office 3/2013 6/2013 Catella | Interim Report Jan – Mar 2026 9/2013 12/2013 3/2014 6/2014 Log&ind 9/2014 12/2
Slide 8: Investment Management
INVESTMENT MANAGEMENT
Slide 9: AUM growth driven by Development offset by redemptions & valuations
Catella | Interim Report Jan – Mar 2026 AUM growth driven by “Development” offset by redemptions & valuatio AUM (SEK Bn) Total revenue LTM (SEK M) LTM AuM (SEK Bn) 180 1600 21,5 -10,4 AuM CAGR 15% -0,3 0,8 159,8 160 1400 148,1 140 1200 120 1000 100 800 Q1-25 Inflows Outflows Revaluations Currency Q1
Slide 10: Investment Management: Recurring fees stable & maintained cost control
Catella | Interim Report Jan – Mar 2026 Investment Management: Recurring fees stable & maintained cost control ▪ Fixed fees remains flat compared to last year when currency is adjusted to EUR SEK M Q1 2026 Q1 2025 Change % ▪ EBIT increase despite a drop in revenues Management fees 196 207 -5% Develo
Slide 11: Corporate Finance
|| CORPORATE FINANCE
Slide 12: Corporate Finance: revenues flat, with improving EBIT
Catella | Interim Report Jan – Mar 2026 Corporate Finance: revenues flat, with improving EBIT ▪ Revenues remain stable in the first quarter, which typically is a seasonally low volume quarter SEK M Q1 2026 Q1 2025 Change % Net sales - Nordic 18 23 -23% ▪ EBIT increased despite flat revenue YoY, indi
Slide 13: Balance Sheet Investments
BALANCE SHEET INVESTMENTS e f id
Slide 14: Continued progress in current projects
Catella | Interim Report Jan – Mar 2026 Continued progress in current projects Investment Projects Invested equity, project IRR and targets Denmark (Co -Investment) Current status Long term Target ▪ Residential. Vega, Copenhagen Catella investedequity(SEK Bn) 1.2 1 - 1.5 Germany (Catella Project Cap
Slide 15: Financials
FINANCIALS Ue
Slide 16: Financial summary
Catella | Interim Report Jan – Mar 2026 Financial summary INVESTMENT BALANCRE SHEET CORPORATE OTHER & GROUP Var’ MANAGEMENT INVESTMENTS FINANCE ELIMINATIONS Q1’26 SEK M Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 vs Q1’25 Total revenue 223 245 8 28 73 73 0 -6 303
Slide 17: Summary and key take aways
SUMMARY AND KEY TAKE AWAYS
Slide 18: Sharpening our strategic focus
Catella | Interim Report Jan – Mar 2026 Sharpening our strategic focus Resilience and quality of earnings over time 1 2 Operational Excellence Selected targeted investments in capabilities, track record and 3 operational efficiency 18
Slide 19: Thank you!
→ THANK YOU! www.catella.com
Slide 20: Investor Relations
Catella | Interim Report Jan – Mar 2026 INVESTOR RELATIONS Largest shareholders 2026-03-31 Capital Votes Most recent equity research Claesson & Anderzén 49.4% 49.2% Date Institution Recommendation TP 2026-02-12 ABGSC - - Gran Fondo Capital 8.4% 8.1% 2026-04-28 Redeye Buy SEK 42 (Base case) Symmetry