Slide 1: Q2 2026
Q2 2026 July 2026. Please refer to www.naxs.se and the company’s financial reports for exhaustive information
Slide 2: An investment company with a portfolio of Nordic private equity investments
Q2 2026 An investment company with a portfolio of Nordic private equity investments Established in 2007, NAXS is an investment company listed on Nasdaq Stockholm with a portfolio of Nordic private equity investments. The Company aims to maximize value from its existing portfolio while selectively de
Slide 3: NAXS offers a diversified exposure to the private equity market through a listed share
Q2 2026 NAXS offers a diversified exposure to NAXS also provides an exposure to selected the private equity market through a direct investments: listed share → 12 active private equity funds from 7 managers Attractive distribution policy: → 3 listed equity investments (Nasdaq → exposure to large, mi
Slide 4: Fund portfolio (Q2 2026)
Q2 2026 Fund portfolio (Q2 2026) The total exposure to Private equity fund investments represents approx. 82% of NAV as of Q2 2026 Apax Europe VII LP Valedo Partners Fund II AB Mimir Invest AB JAB Consumer Fund GCB II Equip Capital Fund I LP Fund size: MEUR 11.000 Fund size: MEUR 2.000 Fund size: <M
Slide 5: Direct investments portfolio (Q2 2026)
Q2 2026 Direct investments portfolio (Q2 2026)* Direct investments represent approx. 10 % of NAV as of Q2 2026 Jacktel AS Novonesis Panera Brands Tången AB Sector: bioscience Sector: Fast casual dining Sector: Oil & Gas Sector: Industry Type of instrument: listed share Type of instrument: unlisted s
Slide 6: NAV development Q2 2022 – Q2 2026
Q2 2026 NAV development Q2 2022 – Q2 2026 THE NAV/SHARE DECREASED BY 3.6% DURING Q2 2026 120 3.75 4.25 3.75 3.75 3.75 4.25 3.75 4.25 4.25 4.25 4.25 2 100 22.51 3.75 2 22.51 3.75 3.75 3.75 22.51 22.51 22.51 22.51 22.51 22.51 16 16 16 22.51 16 22.51 22.51 22.51 22.51 4.25 4.25 4.25 80 4.25 4.25 4.25 4
Slide 7: NAXS: on a street near you
Q2 2026 NAXS: on a street near you Selected consumer-facing portfolio companies 7
Slide 8: …and in the press
Q2 2026 …and in the press Example of press coverage of NAXS portfolio activity NAXS har förvärvat aktier i Tången Industrikapital Börsvärlden · Q2 2026 AltAssets · Q2 2026 Fintech Global · Q2 2026 Affärsvärlden · Q4 2025 Breakit · Q1 2025 Realtid · Q4 2023 8
Slide 9: Key figures Q2 2026
Q2 2026 Key figures Q2 2026 NAV/share NAV change during the quarter Share price 46.37 SEK -3.6% Percent 36.10 SEK (closing price 30.06.2026) Private equity fund investments Other Investments Net cash 414 MSEK 49 MSEK 43 MSEK 82 percent of equity 10 percent of equity 9 percent of equity 9
Slide 10: Investment strategy & Company facts
Q2 2026 Investment strategy & Company facts November 2025 strategic update Following an extraordinary general meeting in November 2025, the Company reaffirmed its Legal form Auditor strategic focus on maximizing the value of its core private equity assets and enhancing A public limited liability com
Slide 11: Appendix
Q2 2026 Appendix 11
Slide 12: Executives & Board of directors
Q2 2026 Executives & Board of directors Amaury de Poret Gösta Lundgren Oliver Molse Thor Åhlgren Niclas Winberg CEO and Director CFO Chairman Director Director (1971) (1955) (1992) (1997) (1988) CEO and director since 2026 CFO of NAXS since 2007 Founder and Chief Executive Works with investments at
Slide 13: Selected definitions
Q2 2026 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 betw
Slide 14: Contact information
Contact information NAXS AB Pareto Securities AB Nybrogatan 6 (share and trading information) 114 34 Stockholm Amaury de Poret, CEO Joakim Appeltofft Email: adp@naxs.se Email: joakim.appeltofft@paretosec.com Tel: +46 735 11 17 35 Tel: +46 4075022 Gösta Lundgren, CFO Email: gosta.Lundgren@naxs.se Tel