Slide 1: Results Presentation H1 2022
Data as at FY 2020 | 1) According to leading industry rankings by IREI 2020, prequin 2020 and PropertyEU 2020 Results Presentation PATRIZIA | © 2021 H1 2022 | 12 August 2022 1
Slide 2: Video presentation: CFO video presentation
Video presentation PATRIZIA SE | H1 2022 Financial Results | CFO video presentation Access via weblink: https://bit.ly/PATH12022 Access via QR code: PATRIZIA | © 2022 2
Slide 3: Strategic & operational highlights
Strategic & operational highlights H1 2022
Slide 4: Real assets supported by structural trends over the medium-term
Highlights H1 2022 Real assets supported by structural trends over the medium-term CURRENT MARKET SENTIMENT MID-TERM TRENDS Real estate and infrastructure are impacted by Structural trends support demand for real assets changing macroeconomic conditions: • PATRIZIA has the platform and product to of
Slide 5: Growth and diversification by sector and geography confirm PATRIZIA's resilience
Highlights H1 2022 Growth and diversification by sector and geography confirm PATRIZIA’s resilience FY 2015 H1 2022 8% AUM by geography 3% 1% 2% 5% Germany UK & Ireland 7% 7% France & Belgium Nordics 5% 4% EUR 3% EUR Australia Netherlands Unique features of PATRIZIA’s business model provide strength
Slide 6: H1 2022 achievements go hand in hand with PATRIZIA's sustainability strategy
Highlights H1 2022 H1 2022 achievements go hand in hand with PATRIZIA’s sustainability strategy Investment in Bio-LNG Continued focus on Internationalisation and Launch of Net Zero producer Biomet technology and digital strenghtening of diversity Carbon Strategy transformation • First EUR 75m invest
Slide 7: Selected real estate transactions for PATRIZIA's global clients in H1 2022
Highlights H1 2022 Selected real estate transactions for PATRIZIA‘s global clients in H1 2022 H1 2022 growth of transaction volume significantly outperformed the European transaction market -1% y-o-y H1 2022 … change in transaction volume Germany, Münster Sweden, Stockholm in the overall European re
Slide 8: PATRIZIA SE – International and diverse Governance & Leadership
Highlights H1 2022 PATRIZIA SE – International and diverse Governance & Leadership BOARD OF DIRECTORS + International, diverse, experienced & tech-savvy Board of Directors Uwe H. Wolfgang Jonathan Axel Marie Saba Philippe Reuter (Chair) Egger Feuer Hefer Lalleman Nazar Vimard Audit Committee Nominat
Slide 9: Financials & Guidance
Financials & Guidance H1 2022
Slide 10: AUM growth continues despite uncertain market environment
Financials H1 2022 AUM growth continues despite uncertain market environment AUM growth driven by M&A, positive valuation effects and Assets under management| EUR bn +16.7% organic growth AUM growth y-o-y 60 • AUM continued to increase even in an adverse market environment and are on track to reach
Slide 11: Resilient portfolio due to strong asset class diversification and low risk profile
Financials H1 2022 Resilient portfolio due to strong asset class diversification and low risk profile EUR sqm 56.2assets under bn 17.8 real estate assets m 80 % resilient Core and management under management Core plus strategies 3% 3% 2% 8% 3% 20% 2% 11% 5% 30% 4% AUM by AUM by AUM by 7% geography 5
Slide 12: Composition of EBITDA
Financials H1 2022 Composition of EBITDA • Solid H1 2022 results in a volatile market environment Composition of EBITDA | EUR m +38.0% +4.5% • Total service fee income was nearly stable at EUR 161.6m -14.3% (H1 2021: EUR 164.5m; -1.8%) while revenue mix further improved towards recurring manag
Slide 13: Total service fee income largely stable
Financials H1 2022 Total service fee income largely stable Management fees | EUR m Transaction fees | EUR m Performance fees |fees Performance EUR|mEUR m 425.0+ 245.0 – 260.0 30.0 – 38.0 21.1 - 45.8% 116.4 5.1 104.0 +11.9% 11.4 55.0 – 65.0 - 14.3% 2.3 39.4 33.8 16.0 9.1 H1 2021 H1 2022 2022e H
Slide 14: Net operating expenses
Financials H1 2022 Net operating expenses • Net operating expenses impacted by the initial consolidation of Whitehelm Net operating expenses| EUR m Capital, one-off costs as well as offsetting one-off effects • Staff costs increased due to number of full-time employees in the Group +4.5% (1,009 FT
Slide 15: PATRIZIA's solid balance sheet and available liquidity ensure flexibility
Financials H1 2022 PATRIZIA’s solid balance sheet and available liquidity ensure flexibility • Strong balance sheet ratios and capital structure Strong balance sheet Significant liquidity to facilitate further profitable growth • Net cash improved further; bank loans related to EUR m 30.06.2022 EUR
Slide 16: Guidance for FY 2022 confirmed – based on market stabilisation during H2 2022
Financials H1 2022 Guidance for FY 2022 confirmed – based on market stabilisation during H2 2022 Income composition FY 2022e | EUR m Financial Guidance | No changes since 3M 2022 • EBITDA of EUR 100.0 – 120.0m 7.0 • EBITDA margin of 29.9 – 32.4% – • Strong balance sheet and continued high levels of
Slide 17: Appendix
Appendix H1 2022
Slide 18: Financial calendar
Appendix Financial calendar 2022 August 12 ➢ 2022 H1 Financial Report with investor and analyst conference call November 10 ➢ 2022 9M Interim Statement with investor and analyst conference call 2023 February 28 ➢ 2022 Preliminary results with investor and analyst conference call March 23 ➢ 2022 Annu
Slide 19: Contact
Appendix Contact CHRISTOPH GLASER MARTIN PRAUM Executive Director| CFO Senior Managing Director Head of Investor Relations & Group Reporting PATRIZIA SE Fuggerstrasse 26 T +49 69 643505-1114 86150 Augsburg, Germany M +49 151 19685445 investor.relations@patrizia.ag VERENA SCHOPP DE ALVARENGA SEBASTIA