Victory Capital Holdings, Inc. Class A Common Stock · NASDAQ:VCTR

Victory Capital Holdings, Inc. Class A Common Stock — Merger or Acquisition (April 2024)

10 slides from Victory Capital Holdings, Inc. Class A Common Stock's merger presentation, Apr 16, 2024

  1. Slide 1: Victory Capital and Amundi to Establish a Strategic Partnership

    Victory Capital and Amundi to Establish a Strategic Partnership Amundi US to Combine into Victory Capital April 16, 2024

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may include, without limitation, any statements preceded by, followed by or including words such as “target,” “believe,” “e

  3. Slide 3: Executive Summary

    Executive Summary Signed Memorandum of Understanding (MOU) with definitive agreement expected by end of Q2  Victory Capital to form a long-term strategic partnership with Amundi through 15-year global and reciprocal distribution agreements  Amundi US to combine into Victory Capital  Amundi to bec

  4. Slide 4: Transaction Overview and Rationale

    Transaction Overview and Rationale 1 Establishment of a long-term strategic partnership with Amundi through 15-year global and reciprocal distribution agreements  Amundi is a leading global asset management firm with $2.2 trillion of AUM  Local presence in 35 countries  1,000 third-party distribu

  5. Slide 5: Transaction Overview and Rationale

    Transaction Overview and Rationale 2 Amundi US to be combined into Victory Capital increasing AUM by $104 billion  $104 billion of AUM with complementary investment capabilities and global client base  Outstanding long-term investment performance across platform  75% of fund AUM rated 4/5 stars b

  6. Slide 6: Transaction Overview and Rationale

    Transaction Overview and Rationale 3 Attractive Financial Profile  Double digit EPS accretion expected  Significant amount of synergies expected, similar to previous transactions onboarded onto Victory Capital’s platform  $100 million target of expense synergies  Upside through AUM and revenue g

  7. Slide 7: Long-term Strategic Partnership with Amundi

    Long-term Strategic Partnership with Amundi AMUNDI SIMILAR BUSINESS VICTORY CAPITAL PRINCIPLES  $2.2 Trillion AUM  $175 billion AUM  Institutional 54% of AUM  Retail 37% of AUM  Retail 30% of AUM  Institutional 28% of AUM  Long-term oriented  JV’s 16% of AUM  Retail / Direct 35% of AUM  Lo

  8. Slide 8: Proforma Highlights

    Proforma Highlights VICTORY CAPITAL AMUNDI US PRO FORMA VICTORY CAPITAL 2% 2% 1% 2% 5% Fixed 1% Total Income AUM 14%  10%  59% Asset Class 24% 46% 40% 48% 47% $175bn $104bn $279bn 36% 7% 25% Equity Multi Asset / Solutions Fixed Income Alternatives Short-Term Money Market VICTORY CAPITAL AMUNDI US

  9. Slide 9: Anticipated Timeline

    Anticipated Timeline Projected transaction timeline Year end April 15 2Q 2024 2024 Expected Definitive Memorandum of Expected Agreement by end of second Understanding Transaction Close quarter Non-binding Memorandum of Understanding at this stage, subject to due diligence and negotiation of definiti

  10. Slide 10: Contacts

    Contacts Victory Capital Press contact: Investor contact: Jessica Davila Matthew Dennis, CFA Tel. +1 210-694-9693 Tel. +1 216-898-2412 Jessica_davila@vcm.com mdennis@vcm.com Notes and Disclosures Investing involves risk, including the potential loss of principal. There are no assurances that any fun

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