Columbia Moderate 529 Port A - Static · NASDAQ:CMOSX
Columbia Moderate 529 Port A - Static — CT Private Equity Trust — Shareholder Meeting (May 2026)
39 slides from Columbia Moderate 529 Port A - Static's shareholder meeting presentation, May 2026
Slide 1: CT Private Equity Trust PLC Annual General Meeting
CT Private Equity Trust PLC Annual General Meeting May 2026
Slide 2: Investment risk
Investment risk The value of investments and income derived from them can go down as well as up as a result of market or currency movements and investors may not get back the original amount invested. The fund may invest in private equity funds which are not normally available to individual investor
Slide 3: Contents
Contents Awards and achievements Executive summary – Highlights of 2025 and Q1 2026 Net Asset Value progression, Net Asset Value and Share Price total returns Outstanding commitments and gearing New investments Realisations and drawdowns Largest holdings and portfolio diversification Conclusion and
Slide 4: Awards and achievements
CT Private Equity Trust PLC Awards and achievements Winner Winner Winner Best Private Equity Trust Best Alternative Investment Trust Private Equity & Growth Capital Investment Trusts Magazine What Investment Investment week 2007 2016 Investment Company of the Year Awards 2023 Top 20 best performing
Slide 5: 2025 Highlights
2025 Highlights 31 December 2025 NAV of £508m Past performance should not be seen as an indication of future performance. +4.7% NAV total return Dividends of 28.13p 5.0% dividend yield1 Well diversified and resilient portfolio NAV = Net Asset Value 1 Dividends declared for the year (28.13p) / share
Slide 6: Portfolio statistics
Portfolio statistics Revenue EBITDA 12% £121.8m 22% £21.6m Revenue growth Average revenue EBITDA growth Average EBITDA 16% 28% Revenue growth EBITDA growth (co-investments) (co-investments) Median Median revenue EBITDA £54.0m £8.4m LTM to 31 December 2025; Translated at FX rates at 31 December 2025,
Slide 7: Underlying holdings
Underlying holdings Movement in underlying holdings* Average uplift on exit 700 4.5x 66 593 4.0x 600 576 3.5x 500 -49 3.0x 3.0x 2.6x 400 2.5x 300 2.0x 18% average uplift on exit 1.5x 200 1.0x 100 0.5x 0 --x Exited 31 December 2025 Average valuation prior to exit Average exit return 31 December 2024
Slide 8: Executive summary Q1 2026
Executive summary Q1 2026 Good level of realisations despite challenging exit environment Past performance should not be seen as an indication of future performance. Q1 2025 Q2 2025 Q3 2025 Q4 2025 2025 Q1 2026 NAV total return -0.8% -1.8% 4.1% 3.2% 4.7% -0.5% Share price total return -4.6% 4.9% 0.2
Slide 9: Recent exit: Amethyst Radiotherapy
Amethyst Radiotherapy Recent exit – top 10 holding Leading pan-European radiotherapy provider, founded in 2010 CT Private Equity Trust PLC invested £4.5m for a 2.9% stake in October 2019 Recent Exit Investment rational and performance: Market leading technology and quality of care delivering
Slide 10: Recent exit: Dotmatics – sale of remaining stake
Dotmatics – sale of remaining stake Recent exit Dotmatics is a Software-as-a-Service company with a suite of applications used to monitor, analyse and share experimental data between laboratories involved in pharmaceutical product development, improving collaboration and efficiency of R&D Recent E
Slide 11: Recent partial exit: CARDO
CARDO Recent partial exit – top 10 holding CARDO is a UK-based social housing repair, maintenance and refurbishment platform CT Private Equity Trust PLC committed £5.5m, of which £3.0m was invested for a 18.2% stake in March 2023 Recent Exit Investment rational and performance: Highly defens
Slide 12: Recent exit: Walkers Transport
Walkers Transport Recent exit CT Private Equity Trust invested £3.0m for a 13.3% stake in October 2017 Investment rational and performance: Recent exit Founded in 1979, Walkers is a UK and Ireland transport and third-party logistics specialist Backing a digitalised business operating in a he
Slide 13: Net Asset Value progression
Net Asset Value progression Ordinary Share NAV and Dividends Past performance should not be seen as an indication of future performance. 1200 Pence per share on fully diluted basis 1000 800 600 400 200 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 NAV Cumulat
Slide 14: Share Price/NAV Total Returns – Indexed
Share Price/NAV Total Returns – Indexed CT Private Equity Trust PLC NAV and Share Price total returns Past performance should not be seen as an indication of future performance. 1,600 1,400 1,200 1,000 800 600 400 200 - Sep-99 Sep-00 Sep-01 Sep-02 Sep-03 Sep-04 Sep-05 Sep-06 Sep-07 Sep-08 Sep-09 Sep
Slide 15: 5-year Fund performance
Performance 5-year Fund performance Past performance should not be seen as an indication of future performance. 160 Percentage Change 110 60 10 (40) Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Share price total return NAV total return Cumulative performance (%) 3 Months Year to date 1 Year 3 Years 5 Y
Slide 16: Outstanding commitments
Outstanding commitments Ordinary Shares outstanding commitments and Net Asset Value Past performance should not be seen as an indication of future performance. 600 120% 500 100% 400 80% 300 60% 200 40% 100 20% 0 0% Sep-03 Sep-04 Sep-05 Sep-06 Sep-07 Sep-08 Sep-09 Sep-10 Sep-11 Sep-12 Sep-13 Sep-14 S
Slide 17: Net debt analysis
Net debt analysis Ordinary Shares Net Debt Analysis Past performance should not be seen as an indication of future performance. 700 50% 600 40% 500 30% 400 20% 300 £m 10% 200 0% 100 0 -10% -100 -20% Sep-05 Sep-06 Sep-07 Sep-08 Sep-09 Sep-10 Sep-11 Sep-12 Sep-13 Sep-14 Sep-15 Sep-16 Sep-17 Sep-18 Sep
Slide 18: New investments – 2025
New investments Investments in 2025 Commitment / Investment Description Geography Fund Size Invested Frendy IT services company servicing SMEs Finland €2.1m / €2.1m N/A Queka Real Partners II Spanish lower-mid market buyout fund Spain €5.0m / €1.9m €194m Castle Mount Impact Partners Impact co-invest
Slide 19: New investments – 2026 YTD
New investments Investments in 2026 YTD Commitment / Investment Description Geography Fund Size Invested FPE Capital IV Lower mid-market B2B software buyout fund UK & Ireland £10.0m / nil £225m Inflexion Buyout Fund VII North European mid-market buyout fund Europe €12.0m / nil €3.75bn Fremman Capita
Slide 20: Recent co-investment: Vanda
Recent co-investment: Vanda Lead manager: FPE Capital Vanda Key attractions Vanda Research is a specialist Highly valued unique product offering – Leading and most credible provider of IP&F data. By Financial provider of macro multi-asset turning complex market data into clear, actionable insights
Slide 21: Recent co-investment: Voltheia
Recent co-investment: Voltheia Lead manager: Buckthorn Partners Voltheia Key attractions Voltheia is a buy-and-build platform in the European low-voltage (‘LV’) Long-term structural tail winds from electrification – Well aligned to Europe’s commitment of Industrials doubling electricity’s share of
Slide 22: Significant realisations in 2025
Significant realisations in 2025 Investment Description Geography PE House Return TVPI IRR Amethyst Radiotherapy Private operator of radiotherapy clinics across Europe Netherlands TRG £8.2m 1.8x 11% WeirdFish British lifestyle clothing and accessories retailer UK Total Capital £7.5m 2.1x 21% JobLogi
Slide 23: Significant realisations in 2025
Significant realisations in 2025 Investment Description Geography PE House Return TVPI IRR CARDO Group Social housing and property maintenance UK Buckthorn £1.4m 3.0x 70% Stax Strategy consultancy USA Blue Point Capital £1.3m 2.6x 28% Alannia Leading operator of camping resorts in Spain Spain Corpfi
Slide 24: Significant realisations in 2026 YTD
Significant realisations in 2026 YTD Investment Description Geography PE House Return TVPI IRR CARDO Group Social housing and property maintenance UK Buckthorn Partners £14.2m 7.9x 129% Stirling Square European lower mid-market 2008 vintage buyout fund Europe Stirling Square £6.9m 1.7x 13% duagon Co
Slide 25: Significant drawdowns in 2025
Significant drawdowns in 2025 Investment Description Geography PE House Value Vanda Positioning and flow data for financial institutions UK FPE Capital £3.7m BlackRainbow Digital investigation platform UK Axiom £1.8m Frendy IT services company servicing SMEs Finland Procuritas £1.7m Springtime Accou
Slide 26: Significant drawdowns in 2025
Significant drawdowns in 2025 Investment Description Geography PE House Value AccountsIQ Cloud-based accounting platform Ireland Axiom £0.7m PayPlan Free-to-consumer debt advice and management solutions UK Palladian £0.7m Bluestar Product lifecycle management software Denmark Volpi £0.6m Impact Futu
Slide 27: Significant drawdowns in 2026 YTD
Significant drawdowns in 2026 YTD Investment Description Geography PE House Value Voltheia Low voltage electric cables and accessories manufacturers France Buckthorn Partners £4.0m Mea Platforms AI-native insurance technology UK SEP £1.4m Breeze Group Microbiological safety cabinet manufacturer UK A
Slide 28: Distributions and drawdowns
£m - 20.00 40.00 60.00 80.00 100.00 120.00 (100.00) (80.00) (60.00) (40.00) (20.00) H1 2003 H2 2003 H1 2004 H2 2004 H1 2005 H2 2005 H1 2006 H2 2006 H1 2007 H2 2007 H1 2008 H2 2008 Source: Columbia Threadneedle Investments as at 31 March 2026 H1 2009 H2 2009 H1 2010 Distributions H2 2010 H1 2011 Di
Slide 29: Largest underlying holdings
Largest underlying holdings Value % of Net No Investment Description Lead Manager TVPI * IRR * (£m) Assets 1 Premium lifestyle clothing brand 15.1 3.0% 2.2x 21.2% 2 Developer of on premises and cloud-based security modules 13.6 2.7% 2.0x 34.6% 3 Funeral services provider 12.3 2.5% 8.4x 72.2% 4 Elect
Slide 30: Well diversified by geography and vintage year
Well diversified by geography and vintage year Split by geography Split by vintage year 20% 19% 45% 41% 17% 18% 40% 15% 16% Percentage of portfolio value Percentage of portfolio value 35% 14% 30% 12% 11% 25% 10% 9% 9% 20% 8% 15% 15% 6% 5% 5% 10% 9% 4% 10% 3% 6% 4% 4% 4% 4% 5% 3% 2% 1% 1% 1% 2% 0% 0%
Slide 31: Diversified by Sector
Diversified by Sector Underlying portfolio split by sector Utilities 0.2% Real Estate 0.5% Communication Services 1.2% Materials 2.5% Food, Beverage & Tobacco 1.8% Energy 2.7% Household & Personal Products 1.4% Consumer Staples Food & Staples Retailing, 0.3% Diversified Financials Insurance Financia
Slide 32: Conclusion and Outlook
Conclusion and Outlook Anticipated recovery in deal activity has been slowed by geopolitical shocks However consistent demand for high quality and resilient businesses remains 49 exits in 2025 at a weighted average return of 3.3x cost and uplift of 18% Dealflow for funds and co-investments i
Slide 33: Appendices
COLUMBIA THREADNEEDLE™ ALTERNATIVES Appendices
Slide 34: Ordinary shares discount to NAV – 10 years
Ordinary shares discount to NAV Ordinary shares discount to NAV – 10 years 20 10 0 -10 -20 -30 -40 -50 -60 Nov-16 Nov-17 Nov-18 Nov-19 Nov-20 Nov-21 Nov-22 Nov-23 Nov-24 Nov-25 May-16 May-17 May-18 May-19 May-20 May-21 May-22 May-23 May-24 May-25 May-26 CTPET Private Equity Investment Trusts (excl.
Slide 35: NAV total return for CTPET and peer group
NAV total return for CTPET and peer group NAV total return – 10 years 400 350 300 250 200 150 100 50 0 Nov-16 Nov-17 Nov-18 Nov-19 Nov-20 Nov-21 Nov-22 Nov-23 Nov-24 Nov-25 May-16 May-17 May-18 May-19 May-20 May-21 May-22 May-23 May-24 May-25 May-26 CTPET Patria Private Equity Trust (formerly Abrdn
Slide 36: Share price total return of CTPET and peer group
Share price total return of CTPET and peer group Share price total return – 10 years 450 400 350 300 250 200 150 100 50 0 May-16 Nov-16 May-17 Nov-17 May-18 Nov-18 May-19 Nov-19 May-20 Nov-20 May-21 Nov-21 May-22 Nov-22 May-23 Nov-23 May-24 Nov-24 May-25 Nov-25 May-26 CTPET Patria Private Equity Tru
Slide 37: Contact Us
Contact Us Columbia Threadneedle Investments Hamish Mair Chairman and Head of Private Equity 78 Cannon Street +44 (0) 131 573 8314 London EC4N 6AG Hamish.Mair@columbiathreadneedle.com Tel: +44 (0) 20 7628 8000 Andrew Carnwath Director, Private Equity Columbia Threadneedle Investment Business Limited
Slide 38: Glossary
Glossary Term Abbreviation Description Internal Rate of Return IRR Annualised return measure of performance Continuation Fund / Vehicle CV A new fund created to acquire one or more portfolio companies from an existing fund Performance metric which measures how much of an investor’s money has been Di
Slide 39: Disclaimer
Disclaimer Important information: Your capital is at risk. This financial promotion is issued for marketing and information purposes only by Columbia Threadneedle Investments in the UK. The material relates to an investment trust and its Ordinary Shares are traded on the main market of the London St
CT Private Equity Trust — Shareholder Meeting (May 2026) on 6ix